BKIPX vs. MDIIX
Compare and contrast key facts about iShares Short-Term TIPS Bond Index Fund Class K (BKIPX) and iShares MSCI EAFE International Index Fund (MDIIX).
BKIPX is a passively managed fund by iShares that tracks the performance of the Bloomberg U.S. Treasury Inflation-Protected Securities (TIPS) 0-5 Years Index. It was launched on Feb 16, 2016. MDIIX is a passively managed fund by iShares that tracks the performance of the MSCI EAFE Index (Net). It was launched on Apr 9, 1997. Both BKIPX and MDIIX are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
BKIPX vs. MDIIX - Performance Comparison
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BKIPX vs. MDIIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BKIPX iShares Short-Term TIPS Bond Index Fund Class K | 0.73% | 6.08% | 4.77% | 3.37% | -4.18% | 5.21% | 4.86% | 4.90% | 0.61% | 0.90% |
MDIIX iShares MSCI EAFE International Index Fund | -1.98% | 31.36% | 3.36% | 18.04% | -14.33% | 10.98% | 7.68% | 21.55% | -13.62% | 24.09% |
Returns By Period
In the year-to-date period, BKIPX achieves a 0.73% return, which is significantly higher than MDIIX's -1.98% return.
BKIPX
- 1D
- 0.20%
- 1M
- -0.20%
- YTD
- 0.73%
- 6M
- 1.06%
- 1Y
- 3.68%
- 3Y*
- 4.22%
- 5Y*
- 2.90%
- 10Y*
- —
MDIIX
- 1D
- 0.37%
- 1M
- -10.85%
- YTD
- -1.98%
- 6M
- 2.27%
- 1Y
- 19.23%
- 3Y*
- 13.10%
- 5Y*
- 7.63%
- 10Y*
- 8.27%
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BKIPX vs. MDIIX - Expense Ratio Comparison
BKIPX has a 0.06% expense ratio, which is lower than MDIIX's 0.35% expense ratio.
Return for Risk
BKIPX vs. MDIIX — Risk / Return Rank
BKIPX
MDIIX
BKIPX vs. MDIIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Short-Term TIPS Bond Index Fund Class K (BKIPX) and iShares MSCI EAFE International Index Fund (MDIIX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| BKIPX | MDIIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.84 | 1.08 | +0.76 |
Sortino ratioReturn per unit of downside risk | 3.16 | 1.51 | +1.65 |
Omega ratioGain probability vs. loss probability | 1.44 | 1.22 | +0.23 |
Calmar ratioReturn relative to maximum drawdown | 4.28 | 1.51 | +2.77 |
Martin ratioReturn relative to average drawdown | 12.41 | 5.76 | +6.65 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| BKIPX | MDIIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.84 | 1.08 | +0.76 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.95 | 0.48 | +0.47 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.50 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.11 | 0.28 | +0.83 |
Correlation
The correlation between BKIPX and MDIIX is 0.12, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
BKIPX vs. MDIIX - Dividend Comparison
BKIPX's dividend yield for the trailing twelve months is around 3.60%, more than MDIIX's 3.56% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BKIPX iShares Short-Term TIPS Bond Index Fund Class K | 3.60% | 4.68% | 4.33% | 2.77% | 4.80% | 4.41% | 1.17% | 2.54% | 2.56% | 1.90% | 0.00% | 0.00% |
MDIIX iShares MSCI EAFE International Index Fund | 3.56% | 3.49% | 3.15% | 2.94% | 2.52% | 2.78% | 1.72% | 3.05% | 4.24% | 2.21% | 2.60% | 1.94% |
Drawdowns
BKIPX vs. MDIIX - Drawdown Comparison
The maximum BKIPX drawdown since its inception was -6.42%, smaller than the maximum MDIIX drawdown of -61.26%. Use the drawdown chart below to compare losses from any high point for BKIPX and MDIIX.
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Drawdown Indicators
| BKIPX | MDIIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -6.42% | -61.26% | +54.84% |
Max Drawdown (1Y)Largest decline over 1 year | -1.12% | -11.32% | +10.20% |
Max Drawdown (5Y)Largest decline over 5 years | -6.42% | -29.43% | +23.01% |
Max Drawdown (10Y)Largest decline over 10 years | — | -34.34% | — |
Current DrawdownCurrent decline from peak | -0.51% | -10.89% | +10.38% |
Average DrawdownAverage peak-to-trough decline | -1.08% | -15.65% | +14.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.39% | 2.96% | -2.57% |
Volatility
BKIPX vs. MDIIX - Volatility Comparison
The current volatility for iShares Short-Term TIPS Bond Index Fund Class K (BKIPX) is 0.66%, while iShares MSCI EAFE International Index Fund (MDIIX) has a volatility of 7.04%. This indicates that BKIPX experiences smaller price fluctuations and is considered to be less risky than MDIIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BKIPX | MDIIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.66% | 7.04% | -6.38% |
Volatility (6M)Calculated over the trailing 6-month period | 1.27% | 10.75% | -9.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.51% | 16.91% | -14.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.08% | 15.94% | -12.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.62% | 16.56% | -13.94% |