GTIP vs. STPZ
Compare and contrast key facts about Goldman Sachs Access Inflation Protected USD Bond ETF (GTIP) and PIMCO 1-5 Year US TIPS Index ETF (STPZ).
GTIP and STPZ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GTIP is a passively managed fund by Goldman Sachs that tracks the performance of the FTSE Goldman Sachs Treasury Inflation Protected USD Bond Index. It was launched on Oct 2, 2018. STPZ is a passively managed fund by PIMCO that tracks the performance of the ICE BofA US Inflation-Linked Treasury (1-5 Y). It was launched on Aug 20, 2009. Both GTIP and STPZ are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GTIP or STPZ.
Correlation
The correlation between GTIP and STPZ is 0.80, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
GTIP vs. STPZ - Performance Comparison
Key characteristics
GTIP:
0.78
STPZ:
2.41
GTIP:
1.09
STPZ:
3.57
GTIP:
1.14
STPZ:
1.47
GTIP:
0.32
STPZ:
2.62
GTIP:
2.12
STPZ:
11.03
GTIP:
1.60%
STPZ:
0.46%
GTIP:
4.35%
STPZ:
2.11%
GTIP:
-14.31%
STPZ:
-6.76%
GTIP:
-6.32%
STPZ:
0.00%
Returns By Period
In the year-to-date period, GTIP achieves a 1.17% return, which is significantly higher than STPZ's 1.01% return.
GTIP
1.17%
1.17%
-0.12%
2.64%
1.59%
N/A
STPZ
1.01%
1.01%
1.87%
4.87%
3.05%
2.27%
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GTIP vs. STPZ - Expense Ratio Comparison
GTIP has a 0.12% expense ratio, which is lower than STPZ's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
GTIP vs. STPZ — Risk-Adjusted Performance Rank
GTIP
STPZ
GTIP vs. STPZ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Access Inflation Protected USD Bond ETF (GTIP) and PIMCO 1-5 Year US TIPS Index ETF (STPZ). 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
GTIP vs. STPZ - Dividend Comparison
GTIP's dividend yield for the trailing twelve months is around 3.48%, more than STPZ's 1.95% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GTIP Goldman Sachs Access Inflation Protected USD Bond ETF | 3.48% | 3.52% | 2.77% | 6.47% | 3.82% | 1.04% | 2.34% | 0.66% | 0.00% | 0.00% | 0.00% | 0.00% |
STPZ PIMCO 1-5 Year US TIPS Index ETF | 1.95% | 1.97% | 1.63% | 5.88% | 3.65% | 1.86% | 1.76% | 2.39% | 1.51% | 0.65% | 0.49% | 0.86% |
Drawdowns
GTIP vs. STPZ - Drawdown Comparison
The maximum GTIP drawdown since its inception was -14.31%, which is greater than STPZ's maximum drawdown of -6.76%. Use the drawdown chart below to compare losses from any high point for GTIP and STPZ. For additional features, visit the drawdowns tool.
Volatility
GTIP vs. STPZ - Volatility Comparison
Goldman Sachs Access Inflation Protected USD Bond ETF (GTIP) has a higher volatility of 1.06% compared to PIMCO 1-5 Year US TIPS Index ETF (STPZ) at 0.53%. This indicates that GTIP's price experiences larger fluctuations and is considered to be riskier than STPZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.