LIAU vs. WIP
LIAU (LifeX 2060 Inflation-Protected Longevity Income ETF) and WIP (SPDR FTSE International Government Inflation-Protected Bond ETF) are both Inflation-Protected Bonds funds. LIAU is actively managed, while WIP is passively managed. Over the past year, LIAU returned 4.25% vs 10.26% for WIP. At a 0.37 correlation, their price movements are largely independent. LIAU charges 0.25%/yr vs 0.50%/yr for WIP.
Performance
LIAU vs. WIP - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, LIAU achieves a 0.65% return, which is significantly lower than WIP's 4.31% return.
LIAU
- 1D
- -0.40%
- 1M
- 0.64%
- YTD
- 0.65%
- 6M
- -0.67%
- 1Y
- 4.25%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
WIP
- 1D
- -0.72%
- 1M
- 0.70%
- YTD
- 4.31%
- 6M
- 4.96%
- 1Y
- 10.26%
- 3Y*
- 5.08%
- 5Y*
- -0.70%
- 10Y*
- 1.61%
LIAU vs. WIP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
LIAU LifeX 2060 Inflation-Protected Longevity Income ETF | 0.65% | 3.53% | -8.28% |
WIP SPDR FTSE International Government Inflation-Protected Bond ETF | 4.31% | 15.18% | -8.24% |
Correlation
The correlation between LIAU and WIP is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.43 |
Correlation (All Time) Calculated using the full available price history since Sep 17, 2024 | 0.37 |
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
LIAU vs. WIP — Risk / Return Rank
LIAU
WIP
LIAU vs. WIP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for LifeX 2060 Inflation-Protected Longevity Income ETF (LIAU) and SPDR FTSE International Government Inflation-Protected Bond ETF (WIP). 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.
| LIAU | WIP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.59 | ||
| Sortino ratioReturn per unit of downside risk | -0.78 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.20 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 0.79 | 2.00 | -1.20 |
| Martin ratioReturn relative to average drawdown | 1.79 | 5.98 | -4.18 |
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
| LIAU | WIP | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.59 | 1.18 | -0.59 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | -0.06 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.16 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.30 | 0.12 | -0.43 |
Drawdowns
LIAU vs. WIP - Drawdown Comparison
The maximum LIAU drawdown since its inception was -9.95%, smaller than the maximum WIP drawdown of -29.60%. Use the drawdown chart below to compare losses from any high point for LIAU and WIP.
Loading charts...
Drawdown Indicators
| LIAU | WIP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -9.95% | -29.60% | +19.65% |
Max Drawdown (1Y)Largest decline over 1 year | -5.38% | -5.16% | -0.22% |
Max Drawdown (3Y)Largest decline over 3 years | — | -11.16% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -28.84% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -28.84% | — |
Current DrawdownCurrent decline from peak | -4.43% | -3.87% | -0.56% |
Average DrawdownAverage peak-to-trough decline | -5.24% | -8.58% | +3.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.37% | 1.72% | +0.65% |
Volatility
LIAU vs. WIP - Volatility Comparison
The current volatility for LifeX 2060 Inflation-Protected Longevity Income ETF (LIAU) is 1.93%, while SPDR FTSE International Government Inflation-Protected Bond ETF (WIP) has a volatility of 2.95%. This indicates that LIAU experiences smaller price fluctuations and is considered to be less risky than WIP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| LIAU | WIP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.93% | 2.95% | -1.02% |
Volatility (6M)Calculated over the trailing 6-month period | 5.08% | 6.89% | -1.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.22% | 8.72% | -1.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.69% | 11.45% | -2.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.69% | 10.16% | -1.47% |
LIAU vs. WIP - Expense Ratio Comparison
LIAU has a 0.25% expense ratio, which is lower than WIP's 0.50% expense ratio.
Dividends
LIAU vs. WIP - Dividend Comparison
LIAU's dividend yield for the trailing twelve months is around 9.36%, more than WIP's 5.79% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LIAU LifeX 2060 Inflation-Protected Longevity Income ETF | 9.36% | 12.93% | 1.04% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
WIP SPDR FTSE International Government Inflation-Protected Bond ETF | 5.79% | 5.51% | 6.06% | 6.54% | 11.15% | 4.63% | 1.59% | 2.49% | 4.05% | 1.91% | 1.27% | 1.14% |
Frequently Asked Questions
LIAU and WIP have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WIP has higher volatility (2.95%) compared to LIAU (1.93%). In terms of maximum drawdown, LIAU dropped -9.95% vs WIP's -29.60%.
On 1-year performance, WIP leads with 10.26% vs 4.25% for LIAU. On fees, LIAU is cheaper at 0.25% per year. On volatility, LIAU has been the lower-risk option at 1.93%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, WIP has performed better with a 10.26% return vs 4.25%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
LIAU is cheaper with a 0.25% expense ratio, compared with 0.50% for WIP.
LIAU has the higher dividend yield at 9.36%, compared with 5.79% for WIP.
They also come from different issuers: Stone Ridge and State Street. Their fees differ too: 0.25% for LIAU and 0.50% for WIP.
WIP currently has the higher Sharpe Ratio (1.18 vs 0.59), 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 LIAU and WIP
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