RINF vs. ICPI
RINF (ProShares Inflation Expectations ETF) and ICPI (iShares 0-1 Year TIPS Bond ETF) are both Inflation-Protected Bonds funds - RINF tracks the FTSE 30-Year TIPS (Treasury Rate-Hedged) Index while ICPI tracks the ICE U.S. Treasury 0-1 Year Inflation Linked Bond Index. Both are passively managed. At a 0.19 correlation, their price movements are largely independent. RINF charges 0.30%/yr vs 0.09%/yr for ICPI.
Performance
RINF vs. ICPI - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, RINF achieves a 1.79% return, which is significantly lower than ICPI's 2.67% return.
RINF
- 1D
- -0.46%
- 1M
- -0.44%
- 6M
- 1.87%
- YTD
- 1.79%
- 1Y
- 1.25%
- 3Y*
- 3.84%
- 5Y*
- 5.68%
- 10Y*
- 4.61%
ICPI
- 1D
- 0.08%
- 1M
- 0.11%
- 6M
- 2.48%
- YTD
- 2.67%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
RINF vs. ICPI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
RINF ProShares Inflation Expectations ETF | 1.79% | 0.46% |
ICPI iShares 0-1 Year TIPS Bond ETF | 2.67% | 0.32% |
Correlation
The correlation between RINF and ICPI is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 20, 2025 | 0.19 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
RINF vs. ICPI — Risk / Return Rank
RINF
ICPI
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
RINF vs. ICPI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Inflation Expectations ETF (RINF) and iShares 0-1 Year TIPS Bond ETF (ICPI). 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.
| RINF | ICPI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.05 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 0.48 | — | — |
| Martin ratioReturn relative to average drawdown | 0.88 | — | — |
Loading charts...
Drawdowns
RINF vs. ICPI - Drawdown Comparison
The maximum RINF drawdown since its inception was -43.51%, which is greater than ICPI's maximum drawdown of -0.34%. Use the drawdown chart below to compare losses from any high point for RINF and ICPI.
Loading charts...
Drawdown Indicators
| RINF | ICPI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.51% | -0.34% | -43.17% |
Max Drawdown (1Y)Largest decline over 1 year | -2.60% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -9.62% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -13.58% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -29.18% | — | — |
Current DrawdownCurrent decline from peak | -1.22% | -0.14% | -1.08% |
Average DrawdownAverage peak-to-trough decline | -16.33% | -0.05% | -16.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.42% | — | — |
Volatility
RINF vs. ICPI - Volatility Comparison
Loading charts...
Volatility by Period
| RINF | ICPI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.20% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 2.97% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 4.31% | 1.00% | +3.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.62% | 1.00% | +11.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.54% | 1.00% | +11.54% |
RINF vs. ICPI - Expense Ratio Comparison
RINF has a 0.30% expense ratio, which is higher than ICPI's 0.09% expense ratio.
Dividends
RINF vs. ICPI - Dividend Comparison
RINF's dividend yield for the trailing twelve months is around 3.68%, more than ICPI's 2.57% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ICPI iShares 0-1 Year TIPS Bond ETF | 2.57% | 0.54% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
RINF ProShares Inflation Expectations ETF | 3.68% | 3.89% | 4.68% | 5.07% | 1.15% | 2.76% | 0.82% | 1.90% | 2.47% | 2.99% | 1.09% | 1.83% |
Frequently Asked Questions
RINF and ICPI have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ICPI is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ICPI is cheaper with a 0.09% expense ratio, compared with 0.30% for RINF.
RINF has the higher dividend yield at 3.68%, compared with 2.57% for ICPI.
RINF tracks FTSE 30-Year TIPS (Treasury Rate-Hedged) Index, while ICPI tracks ICE U.S. Treasury 0-1 Year Inflation Linked Bond Index. They also come from different issuers: ProShares and iShares. Their fees differ too: 0.30% for RINF and 0.09% for ICPI.
Find the right allocation for RINF and ICPI
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer