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CBU vs. TIP
Performance
Return for Risk
Drawdowns
Volatility
Dividends

CBU vs. TIP

Last updated Jun 23, 2026

CBU (Community Bank System, Inc.) is a stock, while TIP (iShares TIPS Bond ETF) is Inflation-Protected Bonds fund tracking the ICE U.S. Treasury Inflation Linked Bond Index. Over the past 10 years, CBU returned 7.79%/yr vs 2.43%/yr for TIP. At a correlation of -0.15, they often move in opposite directions.

Performance

CBU vs. TIP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Community Bank System, Inc. (CBU) and iShares TIPS Bond ETF (TIP). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, CBU achieves a 12.26% return, which is significantly higher than TIP's 0.78% return. Over the past 10 years, CBU has outperformed TIP with an annualized return of 7.79%, while TIP has yielded a comparatively lower 2.43% annualized return.

CBU

1D
1.86%
1M
0.86%
YTD
12.26%
6M
8.68%
1Y
21.16%
3Y*
14.51%
5Y*
-0.74%
10Y*
7.79%

TIP

1D
-0.41%
1M
-0.16%
YTD
0.78%
6M
0.90%
1Y
3.46%
3Y*
3.53%
5Y*
0.79%
10Y*
2.43%
*Multi-year figures are annualized to reflect compound growth (CAGR)

CBU vs. TIP - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
CBU
Community Bank System, Inc.		12.26%-3.84%22.61%-14.17%-13.16%22.28%-9.59%24.69%11.06%-10.90%
TIP
iShares TIPS Bond ETF		0.78%6.77%1.65%3.80%-12.26%5.68%10.84%8.35%-1.42%2.92%

Correlation

The correlation between CBU and TIP is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.13

Correlation (3Y)
Calculated over the trailing 3-year period

0.16

Correlation (5Y)
Calculated over the trailing 5-year period

0.07

Correlation (10Y)
Calculated over the trailing 10-year period

-0.09

Correlation (All Time)
Calculated using the full available price history since Dec 5, 2003

-0.15

The correlation between CBU and TIP shifts across timeframes, from -0.15 (all time) to 0.16 (3 years), reflecting how their relationship changes across market environments.

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Community Bank System, Inc.

iShares TIPS Bond ETF

Often compared with CBU:
CBU vs. MTBCBU vs. TLTCBU vs. SPYCBU vs. AMSFCBU vs. VOOCBU vs. DRIVCBU vs. ES
Often compared with TIP:
TIP vs. SCHPTIP vs. VTIPTIP vs. SGOVTIP vs. STIPTIP vs. FIPDXTIP vs. BNDTIP vs. IEF

Return for Risk

CBU vs. TIP — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
CBU
CBU Risk / Return Rank: 6666
Overall Rank
CBU Sharpe Ratio Rank: 6969
Sharpe Ratio Rank
CBU Sortino Ratio Rank: 6464
Sortino Ratio Rank
CBU Omega Ratio Rank: 6161
Omega Ratio Rank
CBU Calmar Ratio Rank: 6868
Calmar Ratio Rank
CBU Martin Ratio Rank: 6868
Martin Ratio Rank
TIP
TIP Risk / Return Rank: 3131
Overall Rank
TIP Sharpe Ratio Rank: 2929
Sharpe Ratio Rank
TIP Sortino Ratio Rank: 2929
Sortino Ratio Rank
TIP Omega Ratio Rank: 2626
Omega Ratio Rank
TIP Calmar Ratio Rank: 3636
Calmar Ratio Rank
TIP Martin Ratio Rank: 3535
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CBU vs. TIP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Community Bank System, Inc. (CBU) and iShares TIPS Bond ETF (TIP). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

CBUTIPDifference
Sharpe ratioReturn per unit of total volatility
0.86
1.01

-0.15

Sortino ratioReturn per unit of downside risk
1.36
1.51

-0.16

Omega ratioGain probability vs. loss probability

1.16

1.18

-0.02

Calmar ratioReturn relative to maximum drawdown

1.33

1.76

-0.43

Martin ratioReturn relative to average drawdown

3.12

5.20

-2.08

CBU vs. TIP - Sharpe Ratio Comparison

The current CBU Sharpe Ratio is 0.86, which is comparable to the TIP Sharpe Ratio of 1.01. The chart below compares the historical Sharpe Ratios of CBU and TIP, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

CBU vs. TIP - Drawdown Comparison

The maximum CBU drawdown since its inception was -61.07%, which is greater than TIP's maximum drawdown of -14.57%. Use the drawdown chart below to compare losses from any high point for CBU and TIP.

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Drawdown Indicators

CBUTIPDifference

Max Drawdown

Largest peak-to-trough decline

-61.07%

-14.57%

-46.50%

Max Drawdown (1Y)

Largest decline over 1 year

-16.03%

-1.98%

-14.05%

Max Drawdown (3Y)

Largest decline over 3 years

-31.19%

-4.54%

-26.65%

Max Drawdown (5Y)

Largest decline over 5 years

-49.07%

-14.51%

-34.56%

Max Drawdown (10Y)

Largest decline over 10 years

-51.04%

-14.51%

-36.53%

Current Drawdown

Current decline from peak

-9.33%

-1.07%

-8.26%

Average Drawdown

Average peak-to-trough decline

-14.56%

-3.43%

-11.13%

Ulcer Index

Depth and duration of drawdowns from previous peaks

6.80%

0.67%

+6.13%

Volatility

CBU vs. TIP - Volatility Comparison

Community Bank System, Inc. (CBU) has a higher volatility of 7.62% compared to iShares TIPS Bond ETF (TIP) at 1.22%. This indicates that CBU's price experiences larger fluctuations and is considered to be riskier than TIP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

CBUTIPDifference

Volatility (1M)

Calculated over the trailing 1-month period

7.62%

1.22%

+6.40%

Volatility (6M)

Calculated over the trailing 6-month period

16.25%

2.47%

+13.78%

Volatility (1Y)

Calculated over the trailing 1-year period

24.85%

3.45%

+21.40%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

29.53%

6.20%

+23.33%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

30.11%

5.74%

+24.37%

Dividends

CBU vs. TIP - Dividend Comparison

CBU's dividend yield for the trailing twelve months is around 2.96%, less than TIP's 3.79% yield.

PositionTTM20252024202320222021202020192018201720162015
CBU
Community Bank System, Inc.		2.96%3.24%2.95%3.42%2.76%2.28%2.66%2.23%2.47%2.46%2.04%3.05%
TIP
iShares TIPS Bond ETF		3.79%3.46%2.52%2.73%6.96%4.28%1.17%1.75%2.71%2.07%1.48%0.34%

Frequently Asked Questions

CBU and TIP have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

CBU has higher volatility (7.62%) compared to TIP (1.22%). In terms of maximum drawdown, CBU dropped -61.07% vs TIP's -14.57%.

TIP currently has the higher Sharpe Ratio (1.01 vs 0.86), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

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