LDUR vs. LTPZ
LDUR (PIMCO Enhanced Low Duration Active ETF) and LTPZ (PIMCO 15+ Year U.S. TIPS Index ETF) are both exchange-traded funds - LDUR is a Short-Term Bond fund actively managed by PIMCO, while LTPZ is a Inflation-Protected Bonds fund tracking the ICE BofA US Inflation-Linked Treasury (15+ Y). LDUR is actively managed, while LTPZ is passively managed. Over the past 10 years, LDUR returned 2.42%/yr vs -0.17%/yr for LTPZ. Their 0.27 correlation means their historical movements had little consistent relationship. LDUR charges 0.54%/yr vs 0.20%/yr for LTPZ.
Performance
LDUR vs. LTPZ - Performance Comparison
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Returns By Period
In the year-to-date period, LDUR achieves a 1.51% return, which is significantly higher than LTPZ's -3.35% return. Over the past 10 years, LDUR has outperformed LTPZ with an annualized return of 2.42%, while LTPZ has yielded a comparatively lower -0.17% annualized return.
LDUR
- 1D
- 0.02%
- 1M
- 0.19%
- 6M
- 1.23%
- YTD
- 1.51%
- 1Y
- 3.77%
- 3Y*
- 5.14%
- 5Y*
- 2.35%
- 10Y*
- 2.42%
- ALL TIME*
- 2.45%
LTPZ
- 1D
- 0.42%
- 1M
- -3.33%
- 6M
- -2.92%
- YTD
- -3.35%
- 1Y
- -2.09%
- 3Y*
- -1.08%
- 5Y*
- -7.35%
- 10Y*
- -0.17%
- ALL TIME*
- 2.81%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $5.03M | $6.97M | $5.28M | |
| $12.67M | $8.82M | $7.84M |
LDUR vs. LTPZ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LDUR PIMCO Enhanced Low Duration Active ETF | 1.51% | 5.76% | 5.14% | 4.78% | -4.23% | -0.55% | 4.49% | 4.27% | 1.05% | 2.06% |
LTPZ PIMCO 15+ Year U.S. TIPS Index ETF | -3.35% | 4.00% | -4.80% | 0.96% | -31.71% | 7.02% | 24.89% | 17.47% | -7.22% | 9.07% |
Correlation
The correlation between LDUR and LTPZ is 0.50, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.50 |
Correlation (3Y) Balances recent behavior with more history. | 0.47 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.40 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.30 |
Correlation (All Time) Calculated using the full available price history since Jan 23, 2014 | 0.27 |
Over the past year, LDUR and LTPZ have become more correlated (0.50) than their long-term average of 0.27, meaning their price movements have been converging.
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Return for Risk
LDUR vs. LTPZ — Risk / Return Rank
LDUR
LTPZ
LDUR vs. LTPZ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO Enhanced Low Duration Active ETF (LDUR) and PIMCO 15+ Year U.S. TIPS Index ETF (LTPZ). 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.
| LDUR | LTPZ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.74 | ||
| Sortino ratioReturn per unit of downside risk | +3.88 | ||
| Omega ratioGain probability vs. loss probability | 1.48 | 0.97 | +0.51 |
| Calmar ratioReturn relative to maximum drawdown | 4.06 | -0.26 | +4.32 |
| Martin ratioReturn relative to average drawdown | 19.42 | -0.54 | +19.95 |
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Drawdowns
LDUR vs. LTPZ - Drawdown Comparison
The maximum LDUR drawdown since its inception was -8.68%, smaller than the maximum LTPZ drawdown of -40.99%. Use the drawdown chart below to compare losses from any high point for LDUR and LTPZ.
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Drawdown Indicators
| LDUR | LTPZ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -8.68% | -40.99% | +32.31% |
Max Drawdown (1Y)Largest decline over 1 year | -0.93% | -8.09% | +7.16% |
Max Drawdown (3Y)Largest decline over 3 years | -1.17% | -12.64% | +11.47% |
Max Drawdown (5Y)Largest decline over 5 years | -6.75% | -40.99% | +34.24% |
Max Drawdown (10Y)Largest decline over 10 years | -8.68% | -40.99% | +32.31% |
Current DrawdownCurrent decline from peak | -0.02% | -35.26% | +35.24% |
Average DrawdownAverage peak-to-trough decline | -0.84% | -12.61% | +11.77% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.19% | 3.89% | -3.70% |
Volatility
LDUR vs. LTPZ - Volatility Comparison
The current volatility for PIMCO Enhanced Low Duration Active ETF (LDUR) is 0.46%, while PIMCO 15+ Year U.S. TIPS Index ETF (LTPZ) has a volatility of 2.08%. This indicates that LDUR experiences smaller price fluctuations and is considered to be less risky than LTPZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LDUR | LTPZ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.46% | 2.08% | -1.62% |
Volatility (6M)Calculated over the trailing 6-month period | 1.20% | 6.77% | -5.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.51% | 9.01% | -7.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.05% | 15.86% | -13.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.77% | 15.02% | -12.25% |
LDUR vs. LTPZ - Expense Ratio Comparison
LDUR has a 0.54% expense ratio, which is higher than LTPZ's 0.20% expense ratio.
Dividends
LDUR vs. LTPZ - Dividend Comparison
LDUR's dividend yield for the trailing twelve months is around 4.26%, less than LTPZ's 7.00% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LDUR PIMCO Enhanced Low Duration Active ETF | 4.26% | 4.60% | 4.77% | 4.11% | 2.22% | 0.90% | 2.15% | 3.14% | 2.66% | 2.08% | 1.85% | 2.92% |
LTPZ PIMCO 15+ Year U.S. TIPS Index ETF | 7.00% | 4.64% | 3.71% | 3.71% | 8.38% | 3.56% | 1.42% | 1.74% | 3.05% | 2.25% | 2.32% | 0.71% |
Frequently Asked Questions
LDUR and LTPZ have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LTPZ has higher volatility (2.08%) compared to LDUR (0.46%). In terms of maximum drawdown, LDUR dropped -8.68% vs LTPZ's -40.99%.
On 10-year performance, LDUR leads with 2.42% vs -0.17% for LTPZ. On fees, LTPZ is cheaper at 0.20% per year. On volatility, LDUR has been the lower-risk option at 0.46%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, LDUR has performed better with a 2.42% return vs -0.17%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
LTPZ is cheaper with a 0.20% expense ratio, compared with 0.54% for LDUR.
LTPZ has the higher dividend yield at 7.00%, compared with 4.26% for LDUR.
LDUR is categorized as Short-Term Bond, while LTPZ is Inflation-Protected Bonds. Their fees differ too: 0.54% for LDUR and 0.20% for LTPZ.
LDUR currently has the higher Sharpe Ratio (2.51 vs -0.23), 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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