STIP vs. BCLO
STIP (iShares 0-5 Year TIPS Bond ETF) and BCLO (iShares BBB-B CLO Active ETF) are both exchange-traded funds - STIP is a Inflation-Protected Bonds fund tracking the Barclays Capital U.S. Treasury Inflation-Protected Securities (TIPS) 0-5 Years Index (Series-L), while BCLO is a CLO fund tracking the JP Morgan CLOIE High Quality Mezzanine Index. Both are passively managed. Over the past year, STIP returned 4.68% vs 6.72% for BCLO. At a correlation of -0.06, they often move in opposite directions. STIP charges 0.06%/yr vs 0.45%/yr for BCLO.
Performance
STIP vs. BCLO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, STIP achieves a 2.04% return, which is significantly lower than BCLO's 2.79% return.
STIP
- 1D
- 0.00%
- 1M
- 0.03%
- YTD
- 2.04%
- 6M
- 2.03%
- 1Y
- 4.68%
- 3Y*
- 5.23%
- 5Y*
- 3.37%
- 10Y*
- 3.18%
BCLO
- 1D
- 0.05%
- 1M
- 1.24%
- YTD
- 2.79%
- 6M
- 3.32%
- 1Y
- 6.72%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
STIP vs. BCLO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
STIP iShares 0-5 Year TIPS Bond ETF | 2.04% | 5.18% |
BCLO iShares BBB-B CLO Active ETF | 2.79% | 5.43% |
Correlation
The correlation between STIP and BCLO is -0.16, 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 | -0.16 |
Correlation (All Time) Calculated using the full available price history since Jan 31, 2025 | -0.06 |
The correlation between STIP and BCLO shifts across timeframes, from -0.16 (1 year) to -0.06 (all time), reflecting how their relationship changes across market environments.
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
STIP vs. BCLO — Risk / Return Rank
STIP
BCLO
STIP vs. BCLO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares 0-5 Year TIPS Bond ETF (STIP) and iShares BBB-B CLO Active ETF (BCLO). 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.
| STIP | BCLO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.11 | ||
| Sortino ratioReturn per unit of downside risk | +0.29 | ||
| Omega ratioGain probability vs. loss probability | 1.69 | 1.86 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | 6.76 | 3.52 | +3.24 |
| Martin ratioReturn relative to average drawdown | 26.37 | 13.00 | +13.36 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| STIP | BCLO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.23 | 3.33 | -0.11 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.23 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.30 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.07 | 1.42 | -0.35 |
Drawdowns
STIP vs. BCLO - Drawdown Comparison
The maximum STIP drawdown since its inception was -5.50%, which is greater than BCLO's maximum drawdown of -4.45%. Use the drawdown chart below to compare losses from any high point for STIP and BCLO.
Loading charts...
Drawdown Indicators
| STIP | BCLO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -5.50% | -4.45% | -1.05% |
Max Drawdown (1Y)Largest decline over 1 year | -0.69% | -1.92% | +1.23% |
Max Drawdown (3Y)Largest decline over 3 years | -0.95% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -5.50% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -5.50% | — | — |
Current DrawdownCurrent decline from peak | -0.03% | 0.00% | -0.03% |
Average DrawdownAverage peak-to-trough decline | -0.99% | -0.40% | -0.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.18% | 0.52% | -0.34% |
Volatility
STIP vs. BCLO - Volatility Comparison
The current volatility for iShares 0-5 Year TIPS Bond ETF (STIP) is 0.40%, while iShares BBB-B CLO Active ETF (BCLO) has a volatility of 0.48%. This indicates that STIP experiences smaller price fluctuations and is considered to be less risky than BCLO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| STIP | BCLO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.40% | 0.48% | -0.08% |
Volatility (6M)Calculated over the trailing 6-month period | 0.99% | 1.65% | -0.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.46% | 2.03% | -0.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.75% | 4.39% | -1.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.45% | 4.39% | -1.94% |
STIP vs. BCLO - Expense Ratio Comparison
STIP has a 0.06% expense ratio, which is lower than BCLO's 0.45% expense ratio.
Dividends
STIP vs. BCLO - Dividend Comparison
STIP's dividend yield for the trailing twelve months is around 4.30%, less than BCLO's 6.59% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
BCLO iShares BBB-B CLO Active ETF | 6.59% | 6.45% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
STIP iShares 0-5 Year TIPS Bond ETF | 4.30% | 4.11% | 2.62% | 2.84% | 6.04% | 4.15% | 1.40% | 2.06% | 2.44% | 1.59% | 0.89% |
Frequently Asked Questions
STIP and BCLO have a correlation of -0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BCLO has higher volatility (0.48%) compared to STIP (0.40%). In terms of maximum drawdown, STIP dropped -5.50% vs BCLO's -4.45%.
On 1-year performance, BCLO leads with 6.72% vs 4.68% for STIP. On fees, STIP is cheaper at 0.06% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, BCLO has performed better with a 6.72% return vs 4.68%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
STIP is cheaper with a 0.06% expense ratio, compared with 0.45% for BCLO.
BCLO has the higher dividend yield at 6.59%, compared with 4.30% for STIP.
STIP is categorized as Inflation-Protected Bonds, while BCLO is CLO. STIP tracks Barclays Capital U.S. Treasury Inflation-Protected Securities (TIPS) 0-5 Years Index (Series-L), while BCLO tracks JP Morgan CLOIE High Quality Mezzanine Index. Their fees differ too: 0.06% for STIP and 0.45% for BCLO.
BCLO currently has the higher Sharpe Ratio (3.33 vs 3.23), 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 STIP and BCLO
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