CHGG vs. TIP

Last updated Jun 3, 2026

CHGG (Chegg, Inc.) is a stock, while TIP (iShares TIPS Bond ETF) is Inflation-Protected Bonds fund tracking the Barclays Capital U.S. Treasury Inflation Protected Securities (TIPS) Index (Series-L). Over the past 10 years, CHGG returned -12.21%/yr vs 2.59%/yr for TIP. At a 0.04 correlation, their price movements are largely independent.

Performance

CHGG vs. TIP - Performance Comparison

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

Returns By Period

In the year-to-date period, CHGG achieves a 44.09% return, which is significantly higher than TIP's 1.73% return. Over the past 10 years, CHGG has underperformed TIP with an annualized return of -12.21%, while TIP has yielded a comparatively higher 2.59% annualized return.

CHGG

• 1D: 0.00%
• 1M: 19.64%
• YTD: 44.09%
• 6M: 41.87%
• 1Y: 11.67%
• 3Y*: -48.14%
• 5Y*: -55.15%
• 10Y*: -12.21%

TIP

• 1D: -0.01%
• 1M: -0.09%
• YTD: 1.73%
• 6M: 1.47%
• 1Y: 5.06%
• 3Y*: 3.94%
• 5Y*: 1.11%
• 10Y*: 2.59%

*Multi-year figures are annualized to reflect compound growth (CAGR)

CHGG vs. TIP - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CHGG Chegg, Inc.	44.09%	-42.24%	-85.83%	-55.05%	-17.69%	-66.01%	138.27%	33.39%	74.14%	121.14%
TIP iShares TIPS Bond ETF	1.73%	6.77%	1.65%	3.80%	-12.26%	5.68%	10.84%	8.35%	-1.42%	2.92%

Correlation

The correlation between CHGG and TIP is 0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.07
Correlation (3Y) Calculated over the trailing 3-year period	0.12
Correlation (5Y) Calculated over the trailing 5-year period	0.09
Correlation (10Y) Calculated over the trailing 10-year period	0.07
Correlation (All Time) Calculated using the full available price history since Nov 14, 2013	0.04

Return for Risk

CHGG vs. TIP — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CHGG

CHGG Risk / Return Rank: 50
CHGG Sharpe Ratio Rank: 44
CHGG Sortino Ratio Rank: 56
CHGG Omega Ratio Rank: 52
CHGG Calmar Ratio Rank: 50
CHGG Martin Ratio Rank: 48

TIP

TIP Risk / Return Rank: 44
TIP Sharpe Ratio Rank: 42
TIP Sortino Ratio Rank: 46
TIP Omega Ratio Rank: 40
TIP Calmar Ratio Rank: 47
TIP Martin Ratio Rank: 44

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.

CHGG vs. TIP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Chegg, Inc. (CHGG) 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.

	CHGG	TIP	Difference
Sharpe ratio Return per unit of total volatility	0.10	1.49	-1.39
Sortino ratio Return per unit of downside risk	1.13	2.29	-1.16
Omega ratio Gain probability vs. loss probability	1.12	1.27	-0.14
Calmar ratio Return relative to maximum drawdown	0.42	2.38	-1.97
Martin ratio Return relative to average drawdown	0.73	7.17	-6.44
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CHGG vs. TIP - Sharpe Ratio Comparison

The current CHGG Sharpe Ratio is 0.10, which is lower than the TIP Sharpe Ratio of 1.49. The chart below compares the historical Sharpe Ratios of CHGG 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.

Sharpe Ratios by Period

	CHGG	TIP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.10	1.49	-1.39
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.63	0.18	-0.81
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.17	0.45	-0.63
Sharpe Ratio (All Time) Calculated using the full available price history	-0.22	0.57	-0.79

Drawdowns

CHGG vs. TIP - Drawdown Comparison

The maximum CHGG drawdown since its inception was -99.60%, which is greater than TIP's maximum drawdown of -14.57%. Use the drawdown chart below to compare losses from any high point for CHGG and TIP.

Drawdown Indicators

	CHGG	TIP	Difference
Max Drawdown Largest peak-to-trough decline	-99.60%	-14.57%	-85.03%
Max Drawdown (1Y) Largest decline over 1 year	-75.54%	-1.98%	-73.56%
Max Drawdown (3Y) Largest decline over 3 years	-96.06%	-4.54%	-91.52%
Max Drawdown (5Y) Largest decline over 5 years	-99.50%	-14.51%	-84.99%
Max Drawdown (10Y) Largest decline over 10 years	-99.60%	-14.51%	-85.09%
Current Drawdown Current decline from peak	-98.82%	-0.14%	-98.68%
Average Drawdown Average peak-to-trough decline	-45.33%	-3.43%	-41.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	43.00%	0.66%	+42.34%

Volatility

CHGG vs. TIP - Volatility Comparison

Chegg, Inc. (CHGG) has a higher volatility of 44.66% compared to iShares TIPS Bond ETF (TIP) at 0.89%. This indicates that CHGG'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.

Volatility by Period

	CHGG	TIP	Difference
Volatility (1M) Calculated over the trailing 1-month period	44.66%	0.89%	+43.77%
Volatility (6M) Calculated over the trailing 6-month period	78.49%	2.32%	+76.17%
Volatility (1Y) Calculated over the trailing 1-year period	120.36%	3.43%	+116.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	88.12%	6.21%	+81.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	70.71%	5.74%	+64.97%

Dividends

CHGG vs. TIP - Dividend Comparison

CHGG has not paid dividends to shareholders, while TIP's dividend yield for the trailing twelve months is around 3.75%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CHGG Chegg, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
TIP iShares TIPS Bond ETF	3.75%	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

Can I hold both CHGG and TIP in my portfolio?

CHGG and TIP have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CHGG or TIP?

CHGG has higher volatility (44.66%) compared to TIP (0.89%). In terms of maximum drawdown, CHGG dropped -99.60% vs TIP's -14.57%.

Which has better risk-adjusted returns?

TIP currently has the higher Sharpe Ratio (1.49 vs 0.10), 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.