ESS vs. TIP
Compare and contrast key facts about Essex Property Trust, Inc. (ESS) and iShares TIPS Bond ETF (TIP).
TIP is a passively managed fund by iShares that tracks the performance of the Barclays Capital U.S. Treasury Inflation Protected Securities (TIPS) Index (Series-L). It was launched on Dec 4, 2003.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ESS or TIP.
Correlation
The correlation between ESS and TIP is 0.00, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
ESS vs. TIP - Performance Comparison
Key characteristics
ESS:
0.85
TIP:
0.33
ESS:
1.28
TIP:
0.48
ESS:
1.15
TIP:
1.06
ESS:
0.54
TIP:
0.14
ESS:
4.10
TIP:
1.15
ESS:
4.34%
TIP:
1.33%
ESS:
20.89%
TIP:
4.59%
ESS:
-62.67%
TIP:
-14.56%
ESS:
-14.43%
TIP:
-7.73%
Returns By Period
In the year-to-date period, ESS achieves a 15.69% return, which is significantly higher than TIP's 1.83% return. Over the past 10 years, ESS has outperformed TIP with an annualized return of 6.03%, while TIP has yielded a comparatively lower 2.04% annualized return.
ESS
15.69%
-7.55%
1.36%
20.41%
2.24%
6.03%
TIP
1.83%
-0.74%
0.69%
1.53%
1.67%
2.04%
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Risk-Adjusted Performance
ESS vs. TIP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Essex Property Trust, Inc. (ESS) 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.
Dividends
ESS vs. TIP - Dividend Comparison
ESS's dividend yield for the trailing twelve months is around 3.46%, more than TIP's 2.52% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ESS Essex Property Trust, Inc. | 3.46% | 3.73% | 4.15% | 2.37% | 3.50% | 2.59% | 3.03% | 2.90% | 2.75% | 2.41% | 2.47% | 3.37% |
TIP iShares TIPS Bond ETF | 2.52% | 2.73% | 6.96% | 4.28% | 1.17% | 1.75% | 2.71% | 2.07% | 1.48% | 0.34% | 1.67% | 1.15% |
Drawdowns
ESS vs. TIP - Drawdown Comparison
The maximum ESS drawdown since its inception was -62.67%, which is greater than TIP's maximum drawdown of -14.56%. Use the drawdown chart below to compare losses from any high point for ESS and TIP. For additional features, visit the drawdowns tool.
Volatility
ESS vs. TIP - Volatility Comparison
Essex Property Trust, Inc. (ESS) has a higher volatility of 5.65% compared to iShares TIPS Bond ETF (TIP) at 1.30%. This indicates that ESS'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.