DFIP vs. ICPI
DFIP (Dimensional Inflation-Protected Securities ETF) and ICPI (iShares 0-1 Year TIPS Bond ETF) are both Inflation-Protected Bonds funds. DFIP is actively managed, while ICPI is passively managed. Their -0.04 correlation means they have often moved in opposite directions in the past. DFIP charges 0.11%/yr vs 0.09%/yr for ICPI.
Performance
DFIP vs. ICPI - Performance Comparison
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Returns By Period
In the year-to-date period, DFIP achieves a 0.49% return, which is significantly lower than ICPI's 2.90% return.
DFIP
- 1D
- -0.11%
- 1M
- -0.72%
- 6M
- -0.13%
- YTD
- 0.49%
- 1Y
- 1.63%
- 3Y*
- 4.00%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -0.03%
ICPI
- 1D
- 0.06%
- 1M
- 0.32%
- 6M
- 2.50%
- YTD
- 2.90%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $6.84M | $5.52M | $4.60M | |
| $269.55K | $218.29K | $247.75K |
DFIP vs. ICPI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
DFIP Dimensional Inflation-Protected Securities ETF | 0.49% | -0.19% |
ICPI iShares 0-1 Year TIPS Bond ETF | 2.90% | 0.32% |
Correlation
The correlation between DFIP and ICPI is -0.04, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 20, 2025 | -0.04 |
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Return for Risk
DFIP vs. ICPI — Risk / Return Rank
DFIP
ICPI
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
DFIP vs. ICPI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Dimensional Inflation-Protected Securities ETF (DFIP) and iShares 0-1 Year TIPS Bond ETF (ICPI). 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.
| DFIP | ICPI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.12 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.14 | — | — |
| Martin ratioReturn relative to average drawdown | 3.00 | — | — |
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Drawdowns
DFIP vs. ICPI - Drawdown Comparison
The maximum DFIP drawdown since its inception was -14.96%, which is greater than ICPI's maximum drawdown of -0.34%. Use the drawdown chart below to compare losses from any high point for DFIP and ICPI.
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Drawdown Indicators
| DFIP | ICPI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.96% | -0.34% | -14.62% |
Max Drawdown (1Y)Largest decline over 1 year | -2.06% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -4.22% | — | — |
Current DrawdownCurrent decline from peak | -1.45% | 0.00% | -1.45% |
Average DrawdownAverage peak-to-trough decline | -6.74% | -0.05% | -6.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.78% | — | — |
Volatility
DFIP vs. ICPI - Volatility Comparison
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Volatility by Period
| DFIP | ICPI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.80% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 2.59% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 3.44% | 0.98% | +2.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.73% | 0.98% | +5.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.73% | 0.98% | +5.75% |
DFIP vs. ICPI - Expense Ratio Comparison
DFIP has a 0.11% expense ratio, which is higher than ICPI's 0.09% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
DFIP vs. ICPI - Dividend Comparison
DFIP's dividend yield for the trailing twelve months is around 5.45%, more than ICPI's 2.56% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
DFIP Dimensional Inflation-Protected Securities ETF | 5.45% | 4.70% | 3.69% | 3.68% | 5.97% | 0.56% |
ICPI iShares 0-1 Year TIPS Bond ETF | 2.56% | 0.54% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
DFIP and ICPI have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ICPI is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ICPI is cheaper with a 0.09% expense ratio, compared with 0.11% for DFIP.
DFIP has the higher dividend yield at 5.45%, compared with 2.56% for ICPI.
They also come from different issuers: Dimensional and iShares. Their fees differ too: 0.11% for DFIP and 0.09% for ICPI.
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