ENPH vs. STIP
ENPH (Enphase Energy, Inc.) is a stock, while STIP (iShares 0-5 Year TIPS Bond ETF) is Inflation-Protected Bonds fund tracking the Bloomberg US Treasury Inflation-Protected Securities (TIPS) 0-5 Years Index (Series-L). Over the past 10 years, ENPH returned 36.82%/yr vs 3.08%/yr for STIP. At a 0.06 correlation, their price movements are largely independent.
Performance
ENPH vs. STIP - Performance Comparison
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Returns By Period
In the year-to-date period, ENPH achieves a 49.20% return, which is significantly higher than STIP's 1.39% return. Over the past 10 years, ENPH has outperformed STIP with an annualized return of 36.82%, while STIP has yielded a comparatively lower 3.08% annualized return.
ENPH
- 1D
- 1.27%
- 1M
- -25.32%
- YTD
- 49.20%
- 6M
- 45.57%
- 1Y
- 24.60%
- 3Y*
- -32.96%
- 5Y*
- -22.89%
- 10Y*
- 36.82%
STIP
- 1D
- 0.05%
- 1M
- -0.24%
- YTD
- 1.39%
- 6M
- 1.47%
- 1Y
- 3.65%
- 3Y*
- 5.01%
- 5Y*
- 3.28%
- 10Y*
- 3.08%
ENPH vs. STIP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ENPH Enphase Energy, Inc. | 49.20% | -53.33% | -48.02% | -50.13% | 44.83% | 4.26% | 571.53% | 452.43% | 96.27% | 138.61% |
STIP iShares 0-5 Year TIPS Bond ETF | 1.39% | 6.03% | 4.77% | 4.63% | -3.02% | 5.68% | 5.18% | 4.89% | 0.54% | 0.74% |
Correlation
The correlation between ENPH and STIP is -0.01, 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 | -0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
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 Mar 30, 2012 | 0.06 |
The correlation between ENPH and STIP shifts across timeframes, from -0.01 (1 year) to 0.11 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
ENPH vs. STIP — Risk / Return Rank
ENPH
STIP
ENPH vs. STIP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Enphase Energy, Inc. (ENPH) and iShares 0-5 Year TIPS Bond ETF (STIP). 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.
| ENPH | STIP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.10 | ||
| Sortino ratioReturn per unit of downside risk | -2.63 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.50 | -0.36 |
| Calmar ratioReturn relative to maximum drawdown | 0.62 | 5.05 | -4.43 |
| Martin ratioReturn relative to average drawdown | 1.14 | 18.15 | -17.02 |
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Drawdowns
ENPH vs. STIP - Drawdown Comparison
The maximum ENPH drawdown since its inception was -95.97%, which is greater than STIP's maximum drawdown of -5.50%. Use the drawdown chart below to compare losses from any high point for ENPH and STIP.
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Drawdown Indicators
| ENPH | STIP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.97% | -5.50% | -90.47% |
Max Drawdown (1Y)Largest decline over 1 year | -39.65% | -0.73% | -38.92% |
Max Drawdown (3Y)Largest decline over 3 years | -86.23% | -0.95% | -85.28% |
Max Drawdown (5Y)Largest decline over 5 years | -92.23% | -5.50% | -86.73% |
Max Drawdown (10Y)Largest decline over 10 years | -92.23% | -5.50% | -86.73% |
Current DrawdownCurrent decline from peak | -85.77% | -0.67% | -85.10% |
Average DrawdownAverage peak-to-trough decline | -50.64% | -0.99% | -49.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 21.71% | 0.20% | +21.51% |
Volatility
ENPH vs. STIP - Volatility Comparison
Enphase Energy, Inc. (ENPH) has a higher volatility of 32.79% compared to iShares 0-5 Year TIPS Bond ETF (STIP) at 0.65%. This indicates that ENPH's price experiences larger fluctuations and is considered to be riskier than STIP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ENPH | STIP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 32.79% | 0.65% | +32.14% |
Volatility (6M)Calculated over the trailing 6-month period | 68.01% | 1.14% | +66.87% |
Volatility (1Y)Calculated over the trailing 1-year period | 84.67% | 1.53% | +83.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 70.51% | 2.74% | +67.77% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 78.34% | 2.45% | +75.89% |
Dividends
ENPH vs. STIP - Dividend Comparison
ENPH has not paid dividends to shareholders, while STIP's dividend yield for the trailing twelve months is around 4.33%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
ENPH Enphase Energy, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
STIP iShares 0-5 Year TIPS Bond ETF | 4.33% | 4.11% | 2.62% | 2.84% | 6.04% | 4.15% | 1.40% | 2.06% | 2.44% | 1.59% | 0.89% |
Frequently Asked Questions
ENPH and STIP have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ENPH has higher volatility (32.79%) compared to STIP (0.65%). In terms of maximum drawdown, ENPH dropped -95.97% vs STIP's -5.50%.
STIP currently has the higher Sharpe Ratio (2.39 vs 0.29), 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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