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RACE vs. TIP
Performance
Return for Risk
Drawdowns
Volatility
Dividends

RACE vs. TIP

Last updated Jun 12, 2026

RACE (Ferrari N.V.) is a stock, while TIP (iShares TIPS Bond ETF) is Inflation-Protected Bonds fund tracking the ICE U.S. Treasury Inflation Linked Bond Index. Over the past 10 years, RACE returned 25.54%/yr vs 2.50%/yr for TIP. At a 0.07 correlation, their price movements are largely independent.

Performance

RACE vs. TIP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Ferrari N.V. (RACE) 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, RACE achieves a 1.23% return, which is significantly lower than TIP's 1.39% return. Over the past 10 years, RACE has outperformed TIP with an annualized return of 25.54%, while TIP has yielded a comparatively lower 2.50% annualized return.

RACE

1D
5.50%
1M
11.04%
YTD
1.23%
6M
1.67%
1Y
-22.45%
3Y*
8.36%
5Y*
12.91%
10Y*
25.54%

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)

RACE vs. TIP - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
RACE
Ferrari N.V.		1.23%-11.65%26.34%59.12%-16.68%13.32%39.71%67.87%-4.47%81.95%
TIP
iShares TIPS Bond ETF		1.39%6.77%1.65%3.80%-12.26%5.68%10.84%8.35%-1.42%2.92%

Correlation

The correlation between RACE and TIP is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.

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

0.17

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

0.20

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

0.17

Correlation (10Y)
Calculated over the trailing 10-year period

0.08

Correlation (All Time)
Calculated using the full available price history since Oct 21, 2015

0.07

The correlation between RACE and TIP shifts across timeframes, from 0.07 (all time) to 0.20 (3 years), reflecting how their relationship changes across market environments.

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Ferrari N.V.

iShares TIPS Bond ETF

Often compared with RACE:
RACE vs. P911.DERACE vs. RMS.PARACE vs. TSLARACE vs. AAPLRACE vs. NVDARACE vs. CAMTRACE vs. VOW3.DE
Often compared with TIP:
TIP vs. SCHPTIP vs. VTIPTIP vs. SGOVTIP vs. STIPTIP vs. FIPDXTIP vs. BNDTIP vs. IEF

Return for Risk

RACE vs. TIP — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
RACE
RACE Risk / Return Rank: 2020
Overall Rank
RACE Sharpe Ratio Rank: 1515
Sharpe Ratio Rank
RACE Sortino Ratio Rank: 1717
Sortino Ratio Rank
RACE Omega Ratio Rank: 1717
Omega Ratio Rank
RACE Calmar Ratio Rank: 2323
Calmar Ratio Rank
RACE Martin Ratio Rank: 2626
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.

RACE vs. TIP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ferrari N.V. (RACE) 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.

RACETIPDifference
Sharpe ratioReturn per unit of total volatility
-0.64
1.45

-2.09

Sortino ratioReturn per unit of downside risk
-0.70
2.24

-2.94

Omega ratioGain probability vs. loss probability

0.91

1.26

-0.35

Calmar ratioReturn relative to maximum drawdown

-0.57

2.49

-3.06

Martin ratioReturn relative to average drawdown

-0.90

7.44

-8.35

RACE vs. TIP - Sharpe Ratio Comparison

The current RACE Sharpe Ratio is -0.64, which is lower than the TIP Sharpe Ratio of 1.45. The chart below compares the historical Sharpe Ratios of RACE 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

RACE vs. TIP - Drawdown Comparison

The maximum RACE drawdown since its inception was -46.67%, which is greater than TIP's maximum drawdown of -14.57%. Use the drawdown chart below to compare losses from any high point for RACE and TIP.

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Drawdown Indicators

RACETIPDifference

Max Drawdown

Largest peak-to-trough decline

-46.67%

-14.57%

-32.10%

Max Drawdown (1Y)

Largest decline over 1 year

-39.22%

-1.98%

-37.24%

Max Drawdown (3Y)

Largest decline over 3 years

-39.22%

-4.54%

-34.68%

Max Drawdown (5Y)

Largest decline over 5 years

-39.22%

-14.51%

-24.71%

Max Drawdown (10Y)

Largest decline over 10 years

-39.22%

-14.51%

-24.71%

Current Drawdown

Current decline from peak

-27.73%

-0.47%

-27.26%

Average Drawdown

Average peak-to-trough decline

-11.49%

-3.43%

-8.06%

Ulcer Index

Depth and duration of drawdowns from previous peaks

24.95%

0.66%

+24.29%

Volatility

RACE vs. TIP - Volatility Comparison

Ferrari N.V. (RACE) has a higher volatility of 12.09% compared to iShares TIPS Bond ETF (TIP) at 1.03%. This indicates that RACE'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

RACETIPDifference

Volatility (1M)

Calculated over the trailing 1-month period

12.09%

1.03%

+11.06%

Volatility (6M)

Calculated over the trailing 6-month period

24.54%

2.35%

+22.19%

Volatility (1Y)

Calculated over the trailing 1-year period

35.25%

3.39%

+31.86%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

29.53%

6.21%

+23.32%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

29.54%

5.74%

+23.80%

Dividends

RACE vs. TIP - Dividend Comparison

RACE's dividend yield for the trailing twelve months is around 2.33%, less than TIP's 3.76% yield.

PositionTTM20252024202320222021202020192018201720162015
RACE
Ferrari N.V.		2.33%1.85%0.61%0.59%0.69%0.40%0.54%0.70%0.88%0.61%0.79%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

RACE and TIP have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

RACE has higher volatility (12.09%) compared to TIP (1.03%). In terms of maximum drawdown, RACE dropped -46.67% vs TIP's -14.57%.

TIP currently has the higher Sharpe Ratio (1.45 vs -0.64), 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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