IDMO vs. TIP
IDMO (Invesco S&P International Developed Momentum ETF) and TIP (iShares TIPS Bond ETF) are both exchange-traded funds - IDMO is a Momentum fund tracking the S&P Momentum Developed ex U.S. & South Korea LargeMidCap Index, while TIP is a Inflation-Protected Bonds fund tracking the ICE U.S. Treasury Inflation Linked Bond Index. Both are passively managed. Over the past 10 years, IDMO returned 12.64%/yr vs 2.53%/yr for TIP. At a 0.06 correlation, their price movements are largely independent. IDMO charges 0.25%/yr vs 0.18%/yr for TIP.
Performance
IDMO vs. TIP - Performance Comparison
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Returns By Period
In the year-to-date period, IDMO achieves a 8.17% return, which is significantly higher than TIP's 1.40% return. Over the past 10 years, IDMO has outperformed TIP with an annualized return of 12.64%, while TIP has yielded a comparatively lower 2.53% annualized return.
IDMO
- 1D
- 1.36%
- 1M
- -1.92%
- YTD
- 8.17%
- 6M
- 10.09%
- 1Y
- 23.12%
- 3Y*
- 25.21%
- 5Y*
- 15.50%
- 10Y*
- 12.64%
TIP
- 1D
- 0.01%
- 1M
- -0.21%
- YTD
- 1.40%
- 6M
- 1.42%
- 1Y
- 4.61%
- 3Y*
- 4.00%
- 5Y*
- 0.91%
- 10Y*
- 2.53%
IDMO vs. TIP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IDMO Invesco S&P International Developed Momentum ETF | 8.17% | 42.17% | 12.79% | 20.16% | -12.03% | 14.31% | 22.01% | 26.09% | -16.66% | 29.21% |
TIP iShares TIPS Bond ETF | 1.40% | 6.77% | 1.65% | 3.80% | -12.26% | 5.68% | 10.84% | 8.35% | -1.42% | 2.92% |
Correlation
The correlation between IDMO and TIP is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.28 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.26 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.19 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.13 |
Correlation (All Time) Calculated using the full available price history since Feb 24, 2012 | 0.06 |
Over the past year, IDMO and TIP have become more correlated (0.28) than their long-term average of 0.06, meaning their price movements have been converging.
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Return for Risk
IDMO vs. TIP — Risk / Return Rank
IDMO
TIP
IDMO vs. TIP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P International Developed Momentum ETF (IDMO) 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.
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.
| IDMO | TIP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.07 | ||
| Sortino ratioReturn per unit of downside risk | -0.18 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.24 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 1.89 | 2.34 | -0.46 |
| Martin ratioReturn relative to average drawdown | 7.64 | 7.00 | +0.64 |
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Drawdowns
IDMO vs. TIP - Drawdown Comparison
The maximum IDMO drawdown since its inception was -39.38%, which is greater than TIP's maximum drawdown of -14.57%. Use the drawdown chart below to compare losses from any high point for IDMO and TIP.
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Drawdown Indicators
| IDMO | TIP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.38% | -14.57% | -24.81% |
Max Drawdown (1Y)Largest decline over 1 year | -12.31% | -1.98% | -10.33% |
Max Drawdown (3Y)Largest decline over 3 years | -12.65% | -4.54% | -8.11% |
Max Drawdown (5Y)Largest decline over 5 years | -27.07% | -14.51% | -12.56% |
Max Drawdown (10Y)Largest decline over 10 years | -31.34% | -14.51% | -16.83% |
Current DrawdownCurrent decline from peak | -1.92% | -0.46% | -1.46% |
Average DrawdownAverage peak-to-trough decline | -9.74% | -3.43% | -6.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.04% | 0.66% | +2.38% |
Volatility
IDMO vs. TIP - Volatility Comparison
Invesco S&P International Developed Momentum ETF (IDMO) has a higher volatility of 7.92% compared to iShares TIPS Bond ETF (TIP) at 1.03%. This indicates that IDMO'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.
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Volatility by Period
| IDMO | TIP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.92% | 1.03% | +6.89% |
Volatility (6M)Calculated over the trailing 6-month period | 16.02% | 2.32% | +13.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.92% | 3.39% | +14.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.03% | 6.21% | +11.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.18% | 5.74% | +12.44% |
IDMO vs. TIP - Expense Ratio Comparison
IDMO has a 0.25% expense ratio, which is higher than TIP's 0.18% 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
IDMO vs. TIP - Dividend Comparison
IDMO's dividend yield for the trailing twelve months is around 3.52%, less than TIP's 3.76% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IDMO Invesco S&P International Developed Momentum ETF | 3.52% | 3.71% | 2.24% | 2.89% | 3.66% | 1.81% | 1.63% | 2.78% | 3.27% | 3.08% | 2.18% | 2.52% |
TIP iShares TIPS Bond ETF | 3.76% | 3.46% | 2.52% | 2.73% | 6.96% | 4.28% | 1.17% | 1.75% | 2.71% | 2.07% | 1.48% | 0.34% |
Frequently Asked Questions
IDMO and TIP have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IDMO has higher volatility (7.92%) compared to TIP (1.03%). In terms of maximum drawdown, IDMO dropped -39.38% vs TIP's -14.57%.
On 10-year performance, IDMO leads with 12.64% vs 2.53% for TIP. On fees, TIP is cheaper at 0.18% per year. On volatility, TIP has been the lower-risk option at 1.03%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, IDMO has performed better with a 12.64% return vs 2.53%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
TIP is cheaper with a 0.18% expense ratio, compared with 0.25% for IDMO.
TIP has the higher dividend yield at 3.76%, compared with 3.52% for IDMO.
IDMO is categorized as Momentum, while TIP is Inflation-Protected Bonds. IDMO tracks S&P Momentum Developed ex U.S. & South Korea LargeMidCap Index, while TIP tracks ICE U.S. Treasury Inflation Linked Bond Index. They also come from different issuers: Invesco and iShares. Their fees differ too: 0.25% for IDMO and 0.18% for TIP.
TIP currently has the higher Sharpe Ratio (1.37 vs 1.30), 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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