LTPZ vs. COMT
Compare and contrast key facts about PIMCO 15+ Year US TIPS Index ETF (LTPZ) and iShares Commodities Select Strategy ETF (COMT).
LTPZ and COMT 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. COMT is an actively managed fund by iShares. It was launched on Oct 15, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LTPZ or COMT.
Key characteristics
| LTPZ | COMT | |
|---|---|---|
| YTD Return | 0.90% | 4.47% |
| 1Y Return | 9.75% | 1.80% |
| 3Y Return (Ann) | -11.98% | 4.08% |
| 5Y Return (Ann) | -1.20% | 6.16% |
| 10Y Return (Ann) | 1.32% | 0.50% |
| Sharpe Ratio | 0.53 | 0.09 |
| Sortino Ratio | 0.83 | 0.22 |
| Omega Ratio | 1.10 | 1.03 |
| Calmar Ratio | 0.19 | 0.05 |
| Martin Ratio | 1.74 | 0.29 |
| Ulcer Index | 4.10% | 4.47% |
| Daily Std Dev | 13.56% | 15.01% |
| Max Drawdown | -40.99% | -51.89% |
| Current Drawdown | -31.73% | -21.91% |
Correlation
The correlation between LTPZ and COMT is -0.07. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
LTPZ vs. COMT - Performance Comparison
In the year-to-date period, LTPZ achieves a 0.90% return, which is significantly lower than COMT's 4.47% return. Over the past 10 years, LTPZ has outperformed COMT with an annualized return of 1.32%, while COMT has yielded a comparatively lower 0.50% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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LTPZ vs. COMT - Expense Ratio Comparison
LTPZ has a 0.20% expense ratio, which is lower than COMT's 0.48% expense ratio.
Risk-Adjusted Performance
LTPZ vs. COMT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO 15+ Year US TIPS Index ETF (LTPZ) and iShares Commodities Select Strategy ETF (COMT). 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.
Dividends
LTPZ vs. COMT - Dividend Comparison
LTPZ's dividend yield for the trailing twelve months is around 3.37%, less than COMT's 4.97% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LTPZ PIMCO 15+ Year US TIPS Index ETF | 3.37% | 3.71% | 8.38% | 3.56% | 1.42% | 1.74% | 3.80% | 2.25% | 2.32% | 0.71% | 1.77% | 1.28% |
COMT iShares Commodities Select Strategy ETF | 4.97% | 5.19% | 29.79% | 17.79% | 0.36% | 2.61% | 11.65% | 5.16% | 0.52% | 1.44% | 0.56% | 0.00% |
Drawdowns
LTPZ vs. COMT - Drawdown Comparison
The maximum LTPZ drawdown since its inception was -40.99%, smaller than the maximum COMT drawdown of -51.89%. Use the drawdown chart below to compare losses from any high point for LTPZ and COMT. For additional features, visit the drawdowns tool.
Volatility
LTPZ vs. COMT - Volatility Comparison
The current volatility for PIMCO 15+ Year US TIPS Index ETF (LTPZ) is 4.09%, while iShares Commodities Select Strategy ETF (COMT) has a volatility of 5.52%. This indicates that LTPZ experiences smaller price fluctuations and is considered to be less risky than COMT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.