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STPZ vs. IBIC
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

STPZ vs. IBIC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PIMCO 1-5 Year US TIPS Index ETF (STPZ) and iShares iBonds Oct 2026 Term TIPS ETF (IBIC). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, STPZ achieves a 1.79% return, which is significantly lower than IBIC's 2.37% return.


STPZ

1D
-0.00%
1M
-0.09%
YTD
1.79%
6M
1.77%
1Y
4.51%
3Y*
5.03%
5Y*
2.90%
10Y*
2.89%

IBIC

1D
0.02%
1M
0.27%
YTD
2.37%
6M
2.51%
1Y
4.54%
3Y*
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

STPZ vs. IBIC - Yearly Performance Comparison


2026 (YTD)202520242023
STPZ
PIMCO 1-5 Year US TIPS Index ETF
1.79%6.40%4.30%2.29%
IBIC
iShares iBonds Oct 2026 Term TIPS ETF
2.37%4.96%5.25%2.17%

Correlation

The correlation between STPZ and IBIC is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.


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

0.29

Correlation (All Time)
Calculated using the full available price history since Sep 18, 2023

0.67

Over the past year, the correlation between STPZ and IBIC has dropped to 0.29 - well below their long-term average of 0.67, suggesting their price drivers have been diverging.

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Return for Risk

STPZ vs. IBIC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

STPZ
STPZ Risk / Return Rank: 8282
Overall Rank
STPZ Sharpe Ratio Rank: 7676
Sharpe Ratio Rank
STPZ Sortino Ratio Rank: 8686
Sortino Ratio Rank
STPZ Omega Ratio Rank: 8080
Omega Ratio Rank
STPZ Calmar Ratio Rank: 8686
Calmar Ratio Rank
STPZ Martin Ratio Rank: 8181
Martin Ratio Rank

IBIC
IBIC Risk / Return Rank: 9898
Overall Rank
IBIC Sharpe Ratio Rank: 9797
Sharpe Ratio Rank
IBIC Sortino Ratio Rank: 9898
Sortino Ratio Rank
IBIC Omega Ratio Rank: 9898
Omega Ratio Rank
IBIC Calmar Ratio Rank: 9898
Calmar Ratio Rank
IBIC Martin Ratio Rank: 9898
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.

STPZ vs. IBIC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PIMCO 1-5 Year US TIPS Index ETF (STPZ) and iShares iBonds Oct 2026 Term TIPS ETF (IBIC). 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.


STPZIBICDifference
Sharpe ratioReturn per unit of total volatility

-2.56

Sortino ratioReturn per unit of downside risk

-5.18

Omega ratioGain probability vs. loss probability

1.49

2.24

-0.76

Calmar ratioReturn relative to maximum drawdown

4.87

17.27

-12.41

Martin ratioReturn relative to average drawdown

16.28

67.45

-51.17

STPZ vs. IBIC - Sharpe Ratio Comparison

The current STPZ Sharpe Ratio is 2.49, which is lower than the IBIC Sharpe Ratio of 5.05. The chart below compares the historical Sharpe Ratios of STPZ and IBIC, 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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Sharpe Ratios by Period


STPZIBICDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.49

5.05

-2.56

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.89

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.97

Sharpe Ratio (All Time)

Calculated using the full available price history

0.90

3.49

-2.59

Drawdowns

STPZ vs. IBIC - Drawdown Comparison

The maximum STPZ drawdown since its inception was -6.77%, which is greater than IBIC's maximum drawdown of -0.90%. Use the drawdown chart below to compare losses from any high point for STPZ and IBIC.


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Drawdown Indicators


STPZIBICDifference

Max Drawdown

Largest peak-to-trough decline

-6.77%

-0.90%

-5.87%

Max Drawdown (1Y)

Largest decline over 1 year

-0.93%

-0.26%

-0.67%

Max Drawdown (3Y)

Largest decline over 3 years

-1.35%

Max Drawdown (5Y)

Largest decline over 5 years

-6.70%

Max Drawdown (10Y)

Largest decline over 10 years

-6.77%

Current Drawdown

Current decline from peak

-0.11%

-0.13%

+0.02%

Average Drawdown

Average peak-to-trough decline

-1.31%

-0.10%

-1.21%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.28%

0.07%

+0.21%

Volatility

STPZ vs. IBIC - Volatility Comparison

PIMCO 1-5 Year US TIPS Index ETF (STPZ) has a higher volatility of 0.46% compared to iShares iBonds Oct 2026 Term TIPS ETF (IBIC) at 0.33%. This indicates that STPZ's price experiences larger fluctuations and is considered to be riskier than IBIC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


STPZIBICDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.46%

0.33%

+0.13%

Volatility (6M)

Calculated over the trailing 6-month period

1.20%

0.67%

+0.53%

Volatility (1Y)

Calculated over the trailing 1-year period

1.83%

0.90%

+0.93%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

3.29%

1.58%

+1.71%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

2.98%

1.58%

+1.40%

STPZ vs. IBIC - Expense Ratio Comparison

STPZ has a 0.20% expense ratio, which is higher than IBIC's 0.10% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


Dividends

STPZ vs. IBIC - Dividend Comparison

STPZ's dividend yield for the trailing twelve months is around 4.10%, more than IBIC's 3.59% yield.


PositionTTM20252024202320222021202020192018201720162015
IBIC
iShares iBonds Oct 2026 Term TIPS ETF
3.59%4.43%4.65%0.83%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
STPZ
PIMCO 1-5 Year US TIPS Index ETF
4.10%3.65%1.97%1.63%5.88%3.65%1.86%1.76%2.23%1.51%0.65%0.49%

Frequently Asked Questions


STPZ and IBIC have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

STPZ has higher volatility (0.46%) compared to IBIC (0.33%). In terms of maximum drawdown, STPZ dropped -6.77% vs IBIC's -0.90%.

On 1-year performance, IBIC leads with 4.54% vs 4.51% for STPZ. On fees, IBIC is cheaper at 0.10% per year. On volatility, IBIC has been the lower-risk option at 0.33%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 1-year period, IBIC has performed better with a 4.54% return vs 4.51%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

IBIC is cheaper with a 0.10% expense ratio, compared with 0.20% for STPZ.

STPZ has the higher dividend yield at 4.10%, compared with 3.59% for IBIC.

STPZ tracks ICE BofA US Inflation-Linked Treasury (1-5 Y), while IBIC tracks ICE 2026 Maturity US Inflation-Linked Treasury Index. They also come from different issuers: PIMCO and iShares. Their fees differ too: 0.20% for STPZ and 0.10% for IBIC.

IBIC currently has the higher Sharpe Ratio (5.05 vs 2.49), 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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