CF vs. TIP
CF (CF Industries Holdings, 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, CF returned 20.99%/yr vs 2.37%/yr for TIP. Their -0.07 correlation means they have often moved in opposite directions in the past.
Performance
CF vs. TIP - Performance Comparison
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Returns By Period
In the year-to-date period, CF achieves a 63.40% return, which is significantly higher than TIP's 0.54% return. Over the past 10 years, CF has outperformed TIP with an annualized return of 20.99%, while TIP has yielded a comparatively lower 2.37% annualized return.
CF
- 1D
- -0.46%
- 1M
- 15.75%
- 6M
- 35.55%
- YTD
- 63.40%
- 1Y
- 37.75%
- 3Y*
- 18.16%
- 5Y*
- 24.12%
- 10Y*
- 20.99%
- ALL TIME*
- 21.21%
TIP
- 1D
- -0.10%
- 1M
- -0.50%
- 6M
- 0.02%
- YTD
- 0.54%
- 1Y
- 2.51%
- 3Y*
- 3.73%
- 5Y*
- 0.16%
- 10Y*
- 2.37%
- ALL TIME*
- 3.46%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $259.19M | $278.77M | $321.72M | |
| $209.70M | $179.93M | $215.65M |
CF vs. TIP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CF CF Industries Holdings, Inc. | 63.40% | -7.17% | 10.08% | -4.75% | 22.29% | 87.18% | -15.76% | 12.73% | 5.13% | 40.24% |
TIP iShares TIPS Bond ETF | 0.54% | 6.77% | 1.65% | 3.80% | -12.26% | 5.68% | 10.84% | 8.35% | -1.42% | 2.92% |
Correlation
The correlation between CF and TIP is -0.12, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.12 |
Correlation (3Y) Balances recent behavior with more history. | -0.01 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.02 |
Correlation (10Y) Provides a long-term view across more market conditions. | -0.04 |
Correlation (All Time) Calculated using the full available price history since Aug 11, 2005 | -0.07 |
The correlation between CF and TIP shifts across timeframes, from -0.12 (1 year) to 0.02 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
CF vs. TIP — Risk / Return Rank
CF
TIP
CF vs. TIP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CF Industries Holdings, Inc. (CF) 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.
| CF | TIP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.16 | ||
| Sortino ratioReturn per unit of downside risk | +0.36 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.13 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 1.49 | 1.27 | +0.22 |
| Martin ratioReturn relative to average drawdown | 3.31 | 3.39 | -0.08 |
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Drawdowns
CF vs. TIP - Drawdown Comparison
The maximum CF drawdown since its inception was -76.73%, which is greater than TIP's maximum drawdown of -14.57%. Use the drawdown chart below to compare losses from any high point for CF and TIP.
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Drawdown Indicators
| CF | TIP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.73% | -14.57% | -62.16% |
Max Drawdown (1Y)Largest decline over 1 year | -25.45% | -1.98% | -23.47% |
Max Drawdown (3Y)Largest decline over 3 years | -29.16% | -3.71% | -25.45% |
Max Drawdown (5Y)Largest decline over 5 years | -48.36% | -14.51% | -33.85% |
Max Drawdown (10Y)Largest decline over 10 years | -60.74% | -14.51% | -46.23% |
Current DrawdownCurrent decline from peak | -8.65% | -1.31% | -7.34% |
Average DrawdownAverage peak-to-trough decline | -24.87% | -3.41% | -21.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.44% | 0.74% | +10.70% |
Volatility
CF vs. TIP - Volatility Comparison
CF Industries Holdings, Inc. (CF) has a higher volatility of 10.07% compared to iShares TIPS Bond ETF (TIP) at 0.73%. This indicates that CF'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
| CF | TIP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.07% | 0.73% | +9.34% |
Volatility (6M)Calculated over the trailing 6-month period | 35.61% | 2.52% | +33.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 42.03% | 3.39% | +38.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 38.14% | 6.19% | +31.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 40.08% | 5.72% | +34.36% |
Dividends
CF vs. TIP - Dividend Comparison
CF's dividend yield for the trailing twelve months is around 1.60%, less than TIP's 4.46% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CF CF Industries Holdings, Inc. | 1.60% | 2.59% | 2.34% | 2.01% | 1.76% | 1.70% | 3.10% | 2.51% | 2.76% | 2.82% | 3.81% | 2.94% |
TIP iShares TIPS Bond ETF | 4.46% | 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
CF and TIP have a correlation of -0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CF has higher volatility (10.07%) compared to TIP (0.73%). In terms of maximum drawdown, CF dropped -76.73% vs TIP's -14.57%.
CF currently has the higher Sharpe Ratio (0.90 vs 0.74), 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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