LIAE vs. TIPZ
LIAE (LifeX 2050 Inflation-Protected Longevity Income ETF) and TIPZ (PIMCO Broad US TIPS Index ETF) are both Inflation-Protected Bonds funds. LIAE is actively managed, while TIPZ is passively managed. Over the past year, LIAE returned 4.97% vs 5.12% for TIPZ. Their correlation of 0.94 suggests significant overlap in exposure. LIAE charges 0.25%/yr vs 0.20%/yr for TIPZ.
Performance
LIAE vs. TIPZ - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, LIAE achieves a 0.84% return, which is significantly lower than TIPZ's 2.58% return.
LIAE
- 1D
- -0.32%
- 1M
- 0.26%
- YTD
- 0.84%
- 6M
- 0.10%
- 1Y
- 4.97%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TIPZ
- 1D
- -0.20%
- 1M
- -0.01%
- YTD
- 2.58%
- 6M
- 1.00%
- 1Y
- 5.12%
- 3Y*
- 3.86%
- 5Y*
- 0.77%
- 10Y*
- 2.49%
LIAE vs. TIPZ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
LIAE LifeX 2050 Inflation-Protected Longevity Income ETF | 0.84% | 6.08% | -6.04% |
TIPZ PIMCO Broad US TIPS Index ETF | 2.58% | 5.87% | -3.64% |
Correlation
The correlation between LIAE and TIPZ is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.92 |
Correlation (All Time) Calculated using the full available price history since Sep 17, 2024 | 0.94 |
The correlation between LIAE and TIPZ has been stable across timeframes, ranging from 0.92 to 0.94 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
LIAE vs. TIPZ — Risk / Return Rank
LIAE
TIPZ
LIAE vs. TIPZ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for LifeX 2050 Inflation-Protected Longevity Income ETF (LIAE) and PIMCO Broad US TIPS Index ETF (TIPZ). 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.
| LIAE | TIPZ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.41 | ||
| Sortino ratioReturn per unit of downside risk | -0.60 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.24 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 1.36 | 2.36 | -1.01 |
| Martin ratioReturn relative to average drawdown | 3.43 | 7.37 | -3.94 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| LIAE | TIPZ | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.90 | 1.31 | -0.41 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.12 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.43 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.05 | 0.53 | -0.48 |
Drawdowns
LIAE vs. TIPZ - Drawdown Comparison
The maximum LIAE drawdown since its inception was -7.03%, smaller than the maximum TIPZ drawdown of -15.77%. Use the drawdown chart below to compare losses from any high point for LIAE and TIPZ.
Loading charts...
Drawdown Indicators
| LIAE | TIPZ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -7.03% | -15.77% | +8.74% |
Max Drawdown (1Y)Largest decline over 1 year | -3.68% | -2.18% | -1.50% |
Max Drawdown (3Y)Largest decline over 3 years | — | -4.74% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -15.77% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -15.77% | — |
Current DrawdownCurrent decline from peak | -1.41% | -1.44% | +0.03% |
Average DrawdownAverage peak-to-trough decline | -2.52% | -4.33% | +1.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.45% | 0.70% | +0.75% |
Volatility
LIAE vs. TIPZ - Volatility Comparison
LifeX 2050 Inflation-Protected Longevity Income ETF (LIAE) has a higher volatility of 1.46% compared to PIMCO Broad US TIPS Index ETF (TIPZ) at 0.96%. This indicates that LIAE's price experiences larger fluctuations and is considered to be riskier than TIPZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| LIAE | TIPZ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.46% | 0.96% | +0.50% |
Volatility (6M)Calculated over the trailing 6-month period | 3.86% | 2.88% | +0.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.55% | 3.92% | +1.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.58% | 6.37% | +0.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.58% | 5.84% | +0.74% |
LIAE vs. TIPZ - Expense Ratio Comparison
LIAE has a 0.25% expense ratio, which is higher than TIPZ's 0.20% 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
LIAE vs. TIPZ - Dividend Comparison
LIAE's dividend yield for the trailing twelve months is around 9.72%, more than TIPZ's 5.11% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LIAE LifeX 2050 Inflation-Protected Longevity Income ETF | 9.72% | 10.56% | 1.47% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TIPZ PIMCO Broad US TIPS Index ETF | 5.11% | 4.74% | 4.44% | 4.69% | 7.14% | 4.41% | 1.47% | 1.65% | 2.23% | 1.70% | 1.06% | 0.56% |
Frequently Asked Questions
With a correlation of 0.92, LIAE and TIPZ move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
LIAE has higher volatility (1.46%) compared to TIPZ (0.96%). In terms of maximum drawdown, LIAE dropped -7.03% vs TIPZ's -15.77%.
On 1-year performance, TIPZ leads with 5.12% vs 4.97% for LIAE. On fees, TIPZ is cheaper at 0.20% per year. On volatility, TIPZ has been the lower-risk option at 0.96%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, TIPZ has performed better with a 5.12% return vs 4.97%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
TIPZ is cheaper with a 0.20% expense ratio, compared with 0.25% for LIAE.
LIAE has the higher dividend yield at 9.72%, compared with 5.11% for TIPZ.
They also come from different issuers: Stone Ridge and PIMCO. Their fees differ too: 0.25% for LIAE and 0.20% for TIPZ.
TIPZ currently has the higher Sharpe Ratio (1.31 vs 0.90), 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.
Find the right allocation for LIAE and TIPZ
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer