STIP vs. TDTT
Compare and contrast key facts about iShares 0-5 Year TIPS Bond ETF (STIP) and FlexShares iBoxx 3-Year Target Duration TIPS Index Fund (TDTT).
STIP and TDTT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. STIP is a passively managed fund by iShares that tracks the performance of the Barclays Capital U.S. Treasury Inflation-Protected Securities (TIPS) 0-5 Years Index (Series-L). It was launched on Dec 1, 2010. TDTT is a passively managed fund by Northern Trust that tracks the performance of the iBoxx 3-Year Target Duration TIPS. It was launched on Sep 19, 2011. Both STIP and TDTT are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: STIP or TDTT.
Correlation
The correlation between STIP and TDTT is 0.07, 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
STIP vs. TDTT - Performance Comparison
Key characteristics
STIP:
3.98
TDTT:
2.98
STIP:
6.54
TDTT:
4.59
STIP:
1.91
TDTT:
1.63
STIP:
7.96
TDTT:
4.82
STIP:
26.57
TDTT:
13.10
STIP:
0.28%
TDTT:
0.60%
STIP:
1.90%
TDTT:
2.65%
STIP:
-5.50%
TDTT:
-6.97%
STIP:
-0.05%
TDTT:
-0.21%
Returns By Period
In the year-to-date period, STIP achieves a 3.50% return, which is significantly lower than TDTT's 4.00% return. Both investments have delivered pretty close results over the past 10 years, with STIP having a 2.82% annualized return and TDTT not far behind at 2.76%.
STIP
3.50%
1.02%
3.87%
7.71%
4.00%
2.82%
TDTT
4.00%
1.08%
3.89%
8.06%
3.74%
2.76%
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STIP vs. TDTT - Expense Ratio Comparison
STIP has a 0.06% expense ratio, which is lower than TDTT's 0.18% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
STIP vs. TDTT — Risk-Adjusted Performance Rank
STIP
TDTT
STIP vs. TDTT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares 0-5 Year TIPS Bond ETF (STIP) and FlexShares iBoxx 3-Year Target Duration TIPS Index Fund (TDTT). 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
STIP vs. TDTT - Dividend Comparison
STIP's dividend yield for the trailing twelve months is around 3.33%, less than TDTT's 4.38% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
STIP iShares 0-5 Year TIPS Bond ETF | 3.33% | 2.62% | 2.84% | 6.04% | 4.15% | 1.40% | 2.06% | 2.44% | 1.59% | 0.89% | 0.00% | 0.74% |
TDTT FlexShares iBoxx 3-Year Target Duration TIPS Index Fund | 4.38% | 4.01% | 3.88% | 6.97% | 4.53% | 1.15% | 1.91% | 2.48% | 1.88% | 1.01% | 0.00% | 0.85% |
Drawdowns
STIP vs. TDTT - Drawdown Comparison
The maximum STIP drawdown since its inception was -5.50%, smaller than the maximum TDTT drawdown of -6.97%. Use the drawdown chart below to compare losses from any high point for STIP and TDTT. For additional features, visit the drawdowns tool.
Volatility
STIP vs. TDTT - Volatility Comparison
The current volatility for iShares 0-5 Year TIPS Bond ETF (STIP) is 1.01%, while FlexShares iBoxx 3-Year Target Duration TIPS Index Fund (TDTT) has a volatility of 1.33%. This indicates that STIP experiences smaller price fluctuations and is considered to be less risky than TDTT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.