PHM vs. TIP
Compare and contrast key facts about PulteGroup, Inc. (PHM) and iShares TIPS Bond ETF (TIP).
TIP is a passively managed fund by iShares that tracks the performance of the Barclays Capital U.S. Treasury Inflation Protected Securities (TIPS) Index (Series-L). It was launched on Dec 4, 2003.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PHM or TIP.
Key characteristics
| PHM | TIP | |
|---|---|---|
| YTD Return | 8.52% | -1.60% |
| 1Y Return | 71.37% | -1.37% |
| 3Y Return (Ann) | 25.07% | -1.71% |
| 5Y Return (Ann) | 30.19% | 1.98% |
| 10Y Return (Ann) | 21.23% | 1.69% |
| Sharpe Ratio | 2.38 | -0.10 |
| Daily Std Dev | 30.00% | 5.95% |
| Max Drawdown | -92.40% | -14.56% |
| Current Drawdown | -7.30% | -10.85% |
Correlation
The correlation between PHM and TIP is 0.00, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
PHM vs. TIP - Performance Comparison
In the year-to-date period, PHM achieves a 8.52% return, which is significantly higher than TIP's -1.60% return. Over the past 10 years, PHM has outperformed TIP with an annualized return of 21.23%, while TIP has yielded a comparatively lower 1.69% 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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Risk-Adjusted Performance
PHM vs. TIP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PulteGroup, Inc. (PHM) 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.
Dividends
PHM vs. TIP - Dividend Comparison
PHM's dividend yield for the trailing twelve months is around 0.64%, less than TIP's 2.85% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PHM PulteGroup, Inc. | 0.64% | 0.66% | 1.34% | 1.00% | 1.16% | 1.16% | 1.46% | 1.08% | 1.96% | 1.85% | 1.07% | 0.74% |
TIP iShares TIPS Bond ETF | 2.85% | 2.73% | 6.96% | 4.28% | 1.17% | 1.75% | 2.71% | 2.07% | 1.48% | 0.34% | 1.67% | 1.15% |
Drawdowns
PHM vs. TIP - Drawdown Comparison
The maximum PHM drawdown since its inception was -92.40%, which is greater than TIP's maximum drawdown of -14.56%. Use the drawdown chart below to compare losses from any high point for PHM and TIP. For additional features, visit the drawdowns tool.
Volatility
PHM vs. TIP - Volatility Comparison
PulteGroup, Inc. (PHM) has a higher volatility of 9.50% compared to iShares TIPS Bond ETF (TIP) at 1.57%. This indicates that PHM'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.