LTPZ vs. BOND
Compare and contrast key facts about PIMCO 15+ Year US TIPS Index ETF (LTPZ) and PIMCO Active Bond ETF (BOND).
LTPZ and BOND are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. LTPZ is a passively managed fund by PIMCO that tracks the performance of the ICE BofA US Inflation-Linked Treasury (15+ Y). It was launched on Sep 3, 2009. BOND is an actively managed fund by PIMCO. It was launched on Mar 1, 2012.
Performance
LTPZ vs. BOND - Performance Comparison
Loading graphics...
LTPZ vs. BOND - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LTPZ PIMCO 15+ Year US TIPS Index ETF | -1.39% | 4.00% | -4.80% | 0.96% | -31.71% | 7.02% | 24.89% | 17.47% | -7.22% | 9.07% |
BOND PIMCO Active Bond ETF | -0.02% | 8.39% | 2.77% | 6.48% | -14.57% | -0.77% | 7.80% | 8.54% | 0.08% | 4.76% |
Returns By Period
In the year-to-date period, LTPZ achieves a -1.39% return, which is significantly lower than BOND's -0.02% return. Over the past 10 years, LTPZ has underperformed BOND with an annualized return of 0.59%, while BOND has yielded a comparatively higher 2.24% annualized return.
LTPZ
- 1D
- -0.10%
- 1M
- -4.79%
- YTD
- -1.39%
- 6M
- -2.84%
- 1Y
- -2.68%
- 3Y*
- -2.37%
- 5Y*
- -4.68%
- 10Y*
- 0.59%
BOND
- 1D
- 0.25%
- 1M
- -2.06%
- YTD
- -0.02%
- 6M
- 1.43%
- 1Y
- 5.07%
- 3Y*
- 4.76%
- 5Y*
- 0.62%
- 10Y*
- 2.24%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
LTPZ vs. BOND - Expense Ratio Comparison
LTPZ has a 0.20% expense ratio, which is lower than BOND's 0.54% expense ratio.
Return for Risk
LTPZ vs. BOND — Risk / Return Rank
LTPZ
BOND
LTPZ vs. BOND - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO 15+ Year US TIPS Index ETF (LTPZ) and PIMCO Active Bond ETF (BOND). 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.
| LTPZ | BOND | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.24 | 1.08 | -1.32 |
Sortino ratioReturn per unit of downside risk | -0.24 | 1.51 | -1.75 |
Omega ratioGain probability vs. loss probability | 0.97 | 1.20 | -0.23 |
Calmar ratioReturn relative to maximum drawdown | -0.21 | 1.58 | -1.80 |
Martin ratioReturn relative to average drawdown | -0.43 | 4.65 | -5.08 |
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 graphics...
Sharpe Ratios by Period
| LTPZ | BOND | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.24 | 1.08 | -1.32 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.30 | 0.11 | -0.40 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.04 | 0.44 | -0.40 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.21 | 0.63 | -0.43 |
Correlation
The correlation between LTPZ and BOND is 0.70, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
LTPZ vs. BOND - Dividend Comparison
LTPZ's dividend yield for the trailing twelve months is around 4.64%, less than BOND's 5.18% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LTPZ PIMCO 15+ Year US TIPS Index ETF | 4.64% | 4.64% | 3.71% | 3.71% | 8.38% | 3.56% | 1.42% | 1.74% | 3.05% | 2.25% | 2.32% | 0.71% |
BOND PIMCO Active Bond ETF | 5.18% | 5.11% | 5.02% | 4.06% | 3.44% | 2.58% | 2.66% | 3.38% | 3.18% | 2.87% | 2.85% | 4.14% |
Drawdowns
LTPZ vs. BOND - Drawdown Comparison
The maximum LTPZ drawdown since its inception was -40.99%, which is greater than BOND's maximum drawdown of -19.71%. Use the drawdown chart below to compare losses from any high point for LTPZ and BOND.
Loading graphics...
Drawdown Indicators
| LTPZ | BOND | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.99% | -19.71% | -21.28% |
Max Drawdown (1Y)Largest decline over 1 year | -7.82% | -3.29% | -4.53% |
Max Drawdown (5Y)Largest decline over 5 years | -40.99% | -19.71% | -21.28% |
Max Drawdown (10Y)Largest decline over 10 years | -40.99% | -19.71% | -21.28% |
Current DrawdownCurrent decline from peak | -33.95% | -2.06% | -31.89% |
Average DrawdownAverage peak-to-trough decline | -12.19% | -3.53% | -8.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.92% | 1.12% | +2.80% |
Volatility
LTPZ vs. BOND - Volatility Comparison
PIMCO 15+ Year US TIPS Index ETF (LTPZ) has a higher volatility of 3.99% compared to PIMCO Active Bond ETF (BOND) at 1.82%. This indicates that LTPZ's price experiences larger fluctuations and is considered to be riskier than BOND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| LTPZ | BOND | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.99% | 1.82% | +2.17% |
Volatility (6M)Calculated over the trailing 6-month period | 6.46% | 2.70% | +3.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.28% | 4.72% | +6.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.92% | 5.73% | +10.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.10% | 5.07% | +10.03% |