RINF vs. LMBS
RINF (ProShares Inflation Expectations ETF) and LMBS (First Trust Low Duration Mortgage Opportunities ETF) are both exchange-traded funds - RINF is a Inflation-Protected Bonds fund tracking the FTSE 30-Year TIPS (Treasury Rate-Hedged) Index, while LMBS is a Mortgage Backed Securities fund actively managed by First Trust. RINF is passively managed, while LMBS is actively managed. Over the past 10 years, RINF returned 4.68%/yr vs 2.66%/yr for LMBS. At a correlation of -0.18, they often move in opposite directions. RINF charges 0.30%/yr vs 0.68%/yr for LMBS.
Performance
RINF vs. LMBS - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both investments are quite close, with RINF having a 1.38% return and LMBS slightly higher at 1.41%. Over the past 10 years, RINF has outperformed LMBS with an annualized return of 4.68%, while LMBS has yielded a comparatively lower 2.66% annualized return.
RINF
- 1D
- -0.18%
- 1M
- -1.13%
- YTD
- 1.38%
- 6M
- 1.92%
- 1Y
- 1.44%
- 3Y*
- 4.03%
- 5Y*
- 5.19%
- 10Y*
- 4.68%
LMBS
- 1D
- -0.02%
- 1M
- 0.37%
- YTD
- 1.41%
- 6M
- 1.39%
- 1Y
- 5.62%
- 3Y*
- 5.79%
- 5Y*
- 3.09%
- 10Y*
- 2.66%
RINF vs. LMBS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RINF ProShares Inflation Expectations ETF | 1.38% | 1.64% | 9.79% | 0.21% | 8.77% | 16.20% | 1.98% | 1.82% | -0.79% | -1.70% |
LMBS First Trust Low Duration Mortgage Opportunities ETF | 1.41% | 7.05% | 5.15% | 6.10% | -3.07% | -0.91% | 1.64% | 4.10% | 1.62% | 1.68% |
Correlation
The correlation between RINF and LMBS is -0.41, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.41 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.41 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.32 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.20 |
Correlation (All Time) Calculated using the full available price history since Nov 5, 2014 | -0.18 |
Over the past year, the inverse relationship between RINF and LMBS has strengthened: their correlation has moved from -0.18 to -0.41, meaning they now move in opposite directions more often than their long-term average.
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. LMBS — Risk / Return Rank
RINF
LMBS
RINF vs. LMBS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Inflation Expectations ETF (RINF) and First Trust Low Duration Mortgage Opportunities ETF (LMBS). 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 | LMBS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.58 | ||
| Sortino ratioReturn per unit of downside risk | -3.95 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.58 | -0.52 |
| Calmar ratioReturn relative to maximum drawdown | 0.55 | 3.95 | -3.40 |
| Martin ratioReturn relative to average drawdown | 1.05 | 16.62 | -15.58 |
Loading charts...
Drawdowns
RINF vs. LMBS - Drawdown Comparison
The maximum RINF drawdown since its inception was -43.51%, which is greater than LMBS's maximum drawdown of -6.49%. Use the drawdown chart below to compare losses from any high point for RINF and LMBS.
Loading charts...
Drawdown Indicators
| RINF | LMBS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.51% | -6.49% | -37.02% |
Max Drawdown (1Y)Largest decline over 1 year | -2.60% | -1.43% | -1.17% |
Max Drawdown (3Y)Largest decline over 3 years | -9.62% | -1.72% | -7.90% |
Max Drawdown (5Y)Largest decline over 5 years | -13.58% | -6.06% | -7.52% |
Max Drawdown (10Y)Largest decline over 10 years | -29.18% | -6.49% | -22.69% |
Current DrawdownCurrent decline from peak | -1.63% | -0.20% | -1.43% |
Average DrawdownAverage peak-to-trough decline | -16.40% | -0.80% | -15.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.38% | 0.34% | +1.04% |
Volatility
RINF vs. LMBS - Volatility Comparison
ProShares Inflation Expectations ETF (RINF) has a higher volatility of 1.04% compared to First Trust Low Duration Mortgage Opportunities ETF (LMBS) at 0.55%. This indicates that RINF's price experiences larger fluctuations and is considered to be riskier than LMBS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| RINF | LMBS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.04% | 0.55% | +0.49% |
Volatility (6M)Calculated over the trailing 6-month period | 2.89% | 1.47% | +1.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.40% | 1.95% | +2.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.74% | 2.57% | +10.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.55% | 2.35% | +10.20% |
RINF vs. LMBS - Expense Ratio Comparison
RINF has a 0.30% expense ratio, which is lower than LMBS's 0.68% expense ratio.
Dividends
RINF vs. LMBS - Dividend Comparison
RINF's dividend yield for the trailing twelve months is around 3.74%, less than LMBS's 4.09% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LMBS First Trust Low Duration Mortgage Opportunities ETF | 4.09% | 4.08% | 4.28% | 3.96% | 2.22% | 2.04% | 2.27% | 2.55% | 2.76% | 2.73% | 2.84% | 3.03% |
RINF ProShares Inflation Expectations ETF | 3.74% | 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 LMBS have a correlation of -0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RINF has higher volatility (1.04%) compared to LMBS (0.55%). In terms of maximum drawdown, RINF dropped -43.51% vs LMBS's -6.49%.
On 10-year performance, RINF leads with 4.68% vs 2.66% for LMBS. On fees, RINF is cheaper at 0.30% per year. On volatility, LMBS has been the lower-risk option at 0.55%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, RINF has performed better with a 4.68% return vs 2.66%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
RINF is cheaper with a 0.30% expense ratio, compared with 0.68% for LMBS.
LMBS has the higher dividend yield at 4.09%, compared with 3.74% for RINF.
RINF is categorized as Inflation-Protected Bonds, while LMBS is Mortgage Backed Securities. They also come from different issuers: ProShares and First Trust. Their fees differ too: 0.30% for RINF and 0.68% for LMBS.
LMBS currently has the higher Sharpe Ratio (2.91 vs 0.33), 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.
Find the right allocation for RINF and LMBS
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