IPBAX vs. BIIPX
Compare and contrast key facts about Allspring Real Return Fund (IPBAX) and iShares Short-Term TIPS Bond Index Fund (BIIPX).
IPBAX is managed by Allspring Global Investments. It was launched on Feb 27, 2003. BIIPX is managed by BlackRock. It was launched on Feb 15, 2016.
Performance
IPBAX vs. BIIPX - Performance Comparison
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IPBAX vs. BIIPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IPBAX Allspring Real Return Fund | 11.78% | 10.37% | 8.12% | 5.35% | -10.75% | 7.74% | 8.03% | 9.87% | -4.02% | 3.75% |
BIIPX iShares Short-Term TIPS Bond Index Fund | 0.73% | 6.05% | 4.75% | 3.25% | -4.12% | 5.19% | 4.89% | 4.83% | 0.58% | 0.88% |
Returns By Period
In the year-to-date period, IPBAX achieves a 11.78% return, which is significantly higher than BIIPX's 0.73% return.
IPBAX
- 1D
- 0.25%
- 1M
- -0.06%
- YTD
- 11.78%
- 6M
- 13.53%
- 1Y
- 23.01%
- 3Y*
- 10.78%
- 5Y*
- 6.29%
- 10Y*
- 4.92%
BIIPX
- 1D
- 0.20%
- 1M
- -0.20%
- YTD
- 0.73%
- 6M
- 1.05%
- 1Y
- 3.65%
- 3Y*
- 4.19%
- 5Y*
- 2.88%
- 10Y*
- —
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IPBAX vs. BIIPX - Expense Ratio Comparison
IPBAX has a 0.78% expense ratio, which is higher than BIIPX's 0.08% expense ratio.
Return for Risk
IPBAX vs. BIIPX — Risk / Return Rank
IPBAX
BIIPX
IPBAX vs. BIIPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Allspring Real Return Fund (IPBAX) and iShares Short-Term TIPS Bond Index Fund (BIIPX). 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.
| IPBAX | BIIPX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.91 | 1.81 | +1.10 |
Sortino ratioReturn per unit of downside risk | 3.98 | 3.21 | +0.76 |
Omega ratioGain probability vs. loss probability | 1.53 | 1.43 | +0.10 |
Calmar ratioReturn relative to maximum drawdown | 6.12 | 4.25 | +1.87 |
Martin ratioReturn relative to average drawdown | 22.57 | 11.88 | +10.69 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| IPBAX | BIIPX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.91 | 1.81 | +1.10 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.89 | 0.94 | -0.05 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.83 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.70 | 1.10 | -0.40 |
Correlation
The correlation between IPBAX and BIIPX is 0.54, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
IPBAX vs. BIIPX - Dividend Comparison
IPBAX's dividend yield for the trailing twelve months is around 2.33%, less than BIIPX's 3.57% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IPBAX Allspring Real Return Fund | 2.33% | 2.58% | 2.26% | 3.71% | 5.07% | 3.84% | 1.26% | 2.12% | 2.57% | 1.96% | 1.77% | 2.13% |
BIIPX iShares Short-Term TIPS Bond Index Fund | 3.57% | 4.64% | 4.30% | 2.65% | 4.56% | 4.39% | 1.58% | 2.27% | 2.74% | 1.89% | 0.00% | 0.00% |
Drawdowns
IPBAX vs. BIIPX - Drawdown Comparison
The maximum IPBAX drawdown since its inception was -15.13%, which is greater than BIIPX's maximum drawdown of -6.46%. Use the drawdown chart below to compare losses from any high point for IPBAX and BIIPX.
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Drawdown Indicators
| IPBAX | BIIPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.13% | -6.46% | -8.67% |
Max Drawdown (1Y)Largest decline over 1 year | -3.84% | -1.12% | -2.72% |
Max Drawdown (5Y)Largest decline over 5 years | -13.94% | -6.46% | -7.48% |
Max Drawdown (10Y)Largest decline over 10 years | -13.94% | — | — |
Current DrawdownCurrent decline from peak | -0.38% | -0.51% | +0.13% |
Average DrawdownAverage peak-to-trough decline | -3.15% | -1.09% | -2.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.04% | 0.40% | +0.64% |
Volatility
IPBAX vs. BIIPX - Volatility Comparison
Allspring Real Return Fund (IPBAX) has a higher volatility of 3.22% compared to iShares Short-Term TIPS Bond Index Fund (BIIPX) at 0.57%. This indicates that IPBAX's price experiences larger fluctuations and is considered to be riskier than BIIPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IPBAX | BIIPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.22% | 0.57% | +2.65% |
Volatility (6M)Calculated over the trailing 6-month period | 6.48% | 1.28% | +5.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.01% | 2.53% | +5.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.12% | 3.07% | +4.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.93% | 2.63% | +3.30% |