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GTIP vs. TIP
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between GTIP and TIP is 0.08, 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.


-0.50.00.51.0
Correlation: 0.1

Performance

GTIP vs. TIP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs Access Inflation Protected USD Bond ETF (GTIP) and iShares TIPS Bond ETF (TIP). The values are adjusted to include any dividend payments, if applicable.

18.00%19.00%20.00%21.00%22.00%23.00%24.00%NovemberDecember2025FebruaryMarchApril
22.94%
22.30%
GTIP
TIP

Key characteristics

Sharpe Ratio

GTIP:

1.57

TIP:

1.49

Sortino Ratio

GTIP:

2.20

TIP:

2.07

Omega Ratio

GTIP:

1.28

TIP:

1.27

Calmar Ratio

GTIP:

0.66

TIP:

0.63

Martin Ratio

GTIP:

4.58

TIP:

4.47

Ulcer Index

GTIP:

1.55%

TIP:

1.56%

Daily Std Dev

GTIP:

4.54%

TIP:

4.68%

Max Drawdown

GTIP:

-14.31%

TIP:

-14.56%

Current Drawdown

GTIP:

-4.04%

TIP:

-4.46%

Returns By Period

The year-to-date returns for both investments are quite close, with GTIP having a 3.62% return and TIP slightly higher at 3.73%.


GTIP

YTD

3.62%

1M

0.54%

6M

2.51%

1Y

7.44%

5Y*

1.54%

10Y*

N/A

TIP

YTD

3.73%

1M

0.61%

6M

2.50%

1Y

7.36%

5Y*

1.37%

10Y*

2.22%

*Annualized

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GTIP vs. TIP - Expense Ratio Comparison

GTIP has a 0.12% expense ratio, which is lower than TIP's 0.19% 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%.


Expense ratio chart for TIP: current value is 0.19%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
TIP: 0.19%
Expense ratio chart for GTIP: current value is 0.12%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
GTIP: 0.12%

Risk-Adjusted Performance

GTIP vs. TIP — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GTIP
The Risk-Adjusted Performance Rank of GTIP is 8585
Overall Rank
The Sharpe Ratio Rank of GTIP is 9191
Sharpe Ratio Rank
The Sortino Ratio Rank of GTIP is 9090
Sortino Ratio Rank
The Omega Ratio Rank of GTIP is 8888
Omega Ratio Rank
The Calmar Ratio Rank of GTIP is 7171
Calmar Ratio Rank
The Martin Ratio Rank of GTIP is 8383
Martin Ratio Rank

TIP
The Risk-Adjusted Performance Rank of TIP is 8383
Overall Rank
The Sharpe Ratio Rank of TIP is 9090
Sharpe Ratio Rank
The Sortino Ratio Rank of TIP is 8989
Sortino Ratio Rank
The Omega Ratio Rank of TIP is 8787
Omega Ratio Rank
The Calmar Ratio Rank of TIP is 7070
Calmar Ratio Rank
The Martin Ratio Rank of TIP is 8282
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

GTIP vs. TIP - 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 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.


The chart of Sharpe ratio for GTIP, currently valued at 1.57, compared to the broader market-1.000.001.002.003.004.00
GTIP: 1.57
TIP: 1.49
The chart of Sortino ratio for GTIP, currently valued at 2.20, compared to the broader market-2.000.002.004.006.008.00
GTIP: 2.20
TIP: 2.07
The chart of Omega ratio for GTIP, currently valued at 1.28, compared to the broader market0.501.001.502.002.50
GTIP: 1.28
TIP: 1.27
The chart of Calmar ratio for GTIP, currently valued at 0.66, compared to the broader market0.002.004.006.008.0010.0012.00
GTIP: 0.66
TIP: 0.63
The chart of Martin ratio for GTIP, currently valued at 4.58, compared to the broader market0.0020.0040.0060.00
GTIP: 4.58
TIP: 4.47

The current GTIP Sharpe Ratio is 1.57, which is comparable to the TIP Sharpe Ratio of 1.49. The chart below compares the historical Sharpe Ratios of GTIP and TIP, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.501.001.50NovemberDecember2025FebruaryMarchApril
1.57
1.49
GTIP
TIP

Dividends

GTIP vs. TIP - Dividend Comparison

GTIP's dividend yield for the trailing twelve months is around 4.08%, more than TIP's 3.03% yield.


TTM20242023202220212020201920182017201620152014
GTIP
Goldman Sachs Access Inflation Protected USD Bond ETF
4.08%3.52%2.77%6.47%3.82%1.04%2.34%0.66%0.00%0.00%0.00%0.00%
TIP
iShares TIPS Bond ETF
3.03%2.52%2.73%6.96%4.28%1.17%1.75%2.71%2.07%1.48%0.34%1.67%

Drawdowns

GTIP vs. TIP - Drawdown Comparison

The maximum GTIP drawdown since its inception was -14.31%, roughly equal to the maximum TIP drawdown of -14.56%. Use the drawdown chart below to compare losses from any high point for GTIP and TIP. For additional features, visit the drawdowns tool.


-8.00%-7.00%-6.00%-5.00%-4.00%-3.00%NovemberDecember2025FebruaryMarchApril
-4.04%
-4.46%
GTIP
TIP

Volatility

GTIP vs. TIP - Volatility Comparison

Goldman Sachs Access Inflation Protected USD Bond ETF (GTIP) and iShares TIPS Bond ETF (TIP) have volatilities of 2.23% and 2.31%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


1.00%1.50%2.00%NovemberDecember2025FebruaryMarchApril
2.23%
2.31%
GTIP
TIP