CPII vs. TDTF
Compare and contrast key facts about Ionic Inflation Protection ETF (CPII) and FlexShares iBoxx 5-Year Target Duration TIPS Index Fund (TDTF).
CPII and TDTF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CPII is an actively managed fund by Ionic. It was launched on Jun 28, 2022. TDTF is a passively managed fund by Northern Trust that tracks the performance of the iBoxx 5-Year Target Duration TIPS. It was launched on Sep 19, 2011.
Performance
CPII vs. TDTF - Performance Comparison
Loading graphics...
CPII vs. TDTF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
CPII Ionic Inflation Protection ETF | 1.67% | 2.76% | 6.05% | 1.79% | 1.22% |
TDTF FlexShares iBoxx 5-Year Target Duration TIPS Index Fund | 0.61% | 7.83% | 2.40% | 4.10% | -2.71% |
Returns By Period
In the year-to-date period, CPII achieves a 1.67% return, which is significantly higher than TDTF's 0.61% return.
CPII
- 1D
- -0.16%
- 1M
- 1.19%
- YTD
- 1.67%
- 6M
- 0.95%
- 1Y
- 2.10%
- 3Y*
- 3.99%
- 5Y*
- —
- 10Y*
- —
TDTF
- 1D
- 0.08%
- 1M
- -0.92%
- YTD
- 0.61%
- 6M
- 0.78%
- 1Y
- 3.85%
- 3Y*
- 3.71%
- 5Y*
- 2.01%
- 10Y*
- 2.88%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
CPII vs. TDTF - Expense Ratio Comparison
CPII has a 0.74% expense ratio, which is higher than TDTF's 0.18% expense ratio.
Return for Risk
CPII vs. TDTF — Risk / Return Rank
CPII
TDTF
CPII vs. TDTF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Ionic Inflation Protection ETF (CPII) and FlexShares iBoxx 5-Year Target Duration TIPS Index Fund (TDTF). 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.
| CPII | TDTF | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.54 | 1.02 | -0.48 |
Sortino ratioReturn per unit of downside risk | 0.79 | 1.45 | -0.66 |
Omega ratioGain probability vs. loss probability | 1.11 | 1.19 | -0.08 |
Calmar ratioReturn relative to maximum drawdown | 1.36 | 1.65 | -0.29 |
Martin ratioReturn relative to average drawdown | 3.02 | 6.16 | -3.14 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| CPII | TDTF | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.54 | 1.02 | -0.48 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.35 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.57 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.60 | 0.46 | +0.14 |
Correlation
The correlation between CPII and TDTF is -0.23. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Dividends
CPII vs. TDTF - Dividend Comparison
CPII's dividend yield for the trailing twelve months is around 4.03%, less than TDTF's 4.37% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CPII Ionic Inflation Protection ETF | 4.03% | 4.20% | 5.47% | 5.86% | 2.21% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TDTF FlexShares iBoxx 5-Year Target Duration TIPS Index Fund | 4.37% | 4.58% | 3.98% | 3.97% | 7.60% | 4.55% | 1.13% | 1.80% | 2.60% | 2.20% | 1.51% | 0.21% |
Drawdowns
CPII vs. TDTF - Drawdown Comparison
The maximum CPII drawdown since its inception was -6.40%, smaller than the maximum TDTF drawdown of -12.02%. Use the drawdown chart below to compare losses from any high point for CPII and TDTF.
Loading graphics...
Drawdown Indicators
| CPII | TDTF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -6.40% | -12.02% | +5.62% |
Max Drawdown (1Y)Largest decline over 1 year | -1.62% | -2.56% | +0.94% |
Max Drawdown (5Y)Largest decline over 5 years | — | -12.02% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -12.02% | — |
Current DrawdownCurrent decline from peak | -1.06% | -0.92% | -0.14% |
Average DrawdownAverage peak-to-trough decline | -1.67% | -2.94% | +1.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.73% | 0.69% | +0.04% |
Volatility
CPII vs. TDTF - Volatility Comparison
Ionic Inflation Protection ETF (CPII) has a higher volatility of 2.03% compared to FlexShares iBoxx 5-Year Target Duration TIPS Index Fund (TDTF) at 1.15%. This indicates that CPII's price experiences larger fluctuations and is considered to be riskier than TDTF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| CPII | TDTF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.03% | 1.15% | +0.88% |
Volatility (6M)Calculated over the trailing 6-month period | 2.44% | 2.11% | +0.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.92% | 3.82% | +0.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.02% | 5.70% | +0.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.02% | 5.08% | +0.94% |