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MWMIX vs. TIP
Performance
Return for Risk
Drawdowns
Volatility
Dividends

MWMIX vs. TIP

Last updated Jun 12, 2026

MWMIX (VanEck Morningstar Wide Moat Fund) and TIP (iShares TIPS Bond ETF) are both funds - MWMIX is a Large Cap Blend Equities fund managed by VanEck, while TIP is a Inflation-Protected Bonds fund tracking the ICE U.S. Treasury Inflation Linked Bond Index. Over the past 5 years, MWMIX returned 6.28%/yr vs 0.91%/yr for TIP. At a 0.09 correlation, their price movements are largely independent. MWMIX charges 0.59%/yr vs 0.18%/yr for TIP.

Performance

MWMIX vs. TIP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Morningstar Wide Moat Fund (MWMIX) and iShares TIPS Bond ETF (TIP). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, MWMIX achieves a -2.27% return, which is significantly lower than TIP's 1.39% return.

MWMIX

1D
-1.27%
1M
1.37%
YTD
-2.27%
6M
-3.51%
1Y
10.84%
3Y*
8.67%
5Y*
6.28%
10Y*
—

TIP

1D
0.36%
1M
-0.22%
YTD
1.39%
6M
1.25%
1Y
4.90%
3Y*
3.82%
5Y*
0.91%
10Y*
2.50%
*Multi-year figures are annualized to reflect compound growth (CAGR)

MWMIX vs. TIP - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
MWMIX
VanEck Morningstar Wide Moat Fund		-2.27%13.17%10.30%25.20%-13.46%24.12%14.15%34.85%-1.49%-0.52%
TIP
iShares TIPS Bond ETF		1.39%6.77%1.65%3.80%-12.26%5.68%10.84%8.35%-1.42%1.12%

Correlation

The correlation between MWMIX and TIP is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.27

Correlation (3Y)
Calculated over the trailing 3-year period

0.25

Correlation (5Y)
Calculated over the trailing 5-year period

0.22

Correlation (All Time)
Calculated using the full available price history since Dec 21, 2017

0.09

The correlation between MWMIX and TIP shifts across timeframes, from 0.09 (all time) to 0.27 (1 year), reflecting how their relationship changes across market environments.

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VanEck Morningstar Wide Moat Fund

iShares TIPS Bond ETF

Often compared with MWMIX:
MWMIX vs. SXR7.DEMWMIX vs. IWFQ.LMWMIX vs. SMHMWMIX vs. IWYMWMIX vs. CALFMWMIX vs. ^GSPCMWMIX vs. MOAT
Often compared with TIP:
TIP vs. SCHPTIP vs. VTIPTIP vs. SGOVTIP vs. STIPTIP vs. FIPDXTIP vs. BNDTIP vs. IEF

Return for Risk

MWMIX vs. TIP — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
MWMIX
MWMIX Risk / Return Rank: 1212
Overall Rank
MWMIX Sharpe Ratio Rank: 1212
Sharpe Ratio Rank
MWMIX Sortino Ratio Rank: 1313
Sortino Ratio Rank
MWMIX Omega Ratio Rank: 1111
Omega Ratio Rank
MWMIX Calmar Ratio Rank: 1212
Calmar Ratio Rank
MWMIX Martin Ratio Rank: 1212
Martin Ratio Rank
TIP
TIP Risk / Return Rank: 5454
Overall Rank
TIP Sharpe Ratio Rank: 5151
Sharpe Ratio Rank
TIP Sortino Ratio Rank: 5757
Sortino Ratio Rank
TIP Omega Ratio Rank: 4949
Omega Ratio Rank
TIP Calmar Ratio Rank: 6060
Calmar Ratio Rank
TIP Martin Ratio Rank: 5353
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MWMIX vs. TIP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Morningstar Wide Moat Fund (MWMIX) and iShares TIPS Bond ETF (TIP). 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.

MWMIXTIPDifference
Sharpe ratioReturn per unit of total volatility
0.74
1.45

-0.71

Sortino ratioReturn per unit of downside risk
1.16
2.24

-1.08

Omega ratioGain probability vs. loss probability

1.13

1.26

-0.13

Calmar ratioReturn relative to maximum drawdown

0.83

2.49

-1.66

Martin ratioReturn relative to average drawdown

2.55

7.44

-4.89

MWMIX vs. TIP - Sharpe Ratio Comparison

The current MWMIX Sharpe Ratio is 0.74, which is lower than the TIP Sharpe Ratio of 1.45. The chart below compares the historical Sharpe Ratios of MWMIX and TIP, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

MWMIX vs. TIP - Drawdown Comparison

The maximum MWMIX drawdown since its inception was -33.03%, which is greater than TIP's maximum drawdown of -14.57%. Use the drawdown chart below to compare losses from any high point for MWMIX and TIP.

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Drawdown Indicators

MWMIXTIPDifference

Max Drawdown

Largest peak-to-trough decline

-33.03%

-14.57%

-18.46%

Max Drawdown (1Y)

Largest decline over 1 year

-12.42%

-1.98%

-10.44%

Max Drawdown (3Y)

Largest decline over 3 years

-21.66%

-4.54%

-17.12%

Max Drawdown (5Y)

Largest decline over 5 years

-23.90%

-14.51%

-9.39%

Max Drawdown (10Y)

Largest decline over 10 years

—

-14.51%

—

Current Drawdown

Current decline from peak

-5.96%

-0.47%

-5.49%

Average Drawdown

Average peak-to-trough decline

-4.79%

-3.43%

-1.36%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.04%

0.66%

+3.38%

Volatility

MWMIX vs. TIP - Volatility Comparison

VanEck Morningstar Wide Moat Fund (MWMIX) has a higher volatility of 4.07% compared to iShares TIPS Bond ETF (TIP) at 1.03%. This indicates that MWMIX's price experiences larger fluctuations and is considered to be riskier than TIP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

MWMIXTIPDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.07%

1.03%

+3.04%

Volatility (6M)

Calculated over the trailing 6-month period

9.97%

2.35%

+7.62%

Volatility (1Y)

Calculated over the trailing 1-year period

13.95%

3.39%

+10.56%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

18.66%

6.21%

+12.45%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

20.46%

5.74%

+14.72%

MWMIX vs. TIP - Expense Ratio Comparison

MWMIX has a 0.59% expense ratio, which is higher than TIP's 0.18% expense ratio.

Dividends

MWMIX vs. TIP - Dividend Comparison

MWMIX's dividend yield for the trailing twelve months is around 12.76%, more than TIP's 3.76% yield.

PositionTTM20252024202320222021202020192018201720162015
MWMIX
VanEck Morningstar Wide Moat Fund		12.76%12.47%10.34%0.77%11.44%13.44%8.22%10.84%9.48%0.26%0.00%0.00%
TIP
iShares TIPS Bond ETF		3.76%3.46%2.52%2.73%6.96%4.28%1.17%1.75%2.71%2.07%1.48%0.34%

Frequently Asked Questions

MWMIX and TIP have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

MWMIX has higher volatility (4.07%) compared to TIP (1.03%). In terms of maximum drawdown, MWMIX dropped -33.03% vs TIP's -14.57%.

TIP currently has the higher Sharpe Ratio (1.45 vs 0.74), 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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