TACN vs. TIPB

Last updated Jul 30, 2026

TACN (T. Rowe Price Active Core International Equity ETF) and TIPB (Northern Trust 2035 Inflation-Linked Distributing Ladder ETF) are both exchange-traded funds - TACN is a Actively Managed fund actively managed by T. Rowe Price, while TIPB is a Inflation-Protected Bonds fund actively managed by Northern Trust. Both are actively managed. Their 0.30 correlation means their historical movements had little consistent relationship. TACN charges 0.20%/yr vs 0.10%/yr for TIPB.

Performance

TACN vs. TIPB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price Active Core International Equity ETF (TACN) and Northern Trust 2035 Inflation-Linked Distributing Ladder ETF (TIPB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TACN achieves a 10.54% return, which is significantly higher than TIPB's 1.43% return.

TACN

• 1D: -0.46%
• 1M: 0.08%
• 6M: 4.64%
• YTD: 10.54%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

TIPB

• 1D: 0.20%
• 1M: -0.33%
• 6M: 1.00%
• YTD: 1.43%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
TACN T. Rowe Price Active Core International Equity ETF	$184.69K	$112.68K	$82.44K
TIPB Northern Trust 2035 Inflation-Linked Distributing Ladder ETF	$2.11K	$9.44K	$36.67K

TACN vs. TIPB - Yearly Performance Comparison

	2026 (YTD)	2025
TACN T. Rowe Price Active Core International Equity ETF	10.54%	1.68%
TIPB Northern Trust 2035 Inflation-Linked Distributing Ladder ETF	1.43%	-0.05%

Correlation

The correlation between TACN and TIPB is 0.30, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 11, 2025	0.30

Return for Risk

TACN vs. TIPB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Active Core International Equity ETF (TACN) and Northern Trust 2035 Inflation-Linked Distributing Ladder ETF (TIPB). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

TACN vs. TIPB - Drawdown Comparison

The maximum TACN drawdown since its inception was -10.98%, which is greater than TIPB's maximum drawdown of -1.32%. Use the drawdown chart below to compare losses from any high point for TACN and TIPB.

Drawdown Indicators

	TACN	TIPB	Difference
Max Drawdown Largest peak-to-trough decline	-10.98%	-1.32%	-9.66%
Current Drawdown Current decline from peak	-1.53%	-0.74%	-0.79%
Average Drawdown Average peak-to-trough decline	-2.32%	-0.42%	-1.90%

Volatility

Volatility by Period

	TACN	TIPB	Difference
Volatility (1Y) Calculated over the trailing 1-year period	17.14%	2.60%	+14.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.14%	2.60%	+14.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.14%	2.60%	+14.54%

TACN vs. TIPB - Expense Ratio Comparison

TACN has a 0.20% expense ratio, which is higher than TIPB'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

TACN vs. TIPB - Dividend Comparison

TACN has not paid dividends to shareholders, while TIPB's dividend yield for the trailing twelve months is around 4.15%.

Position	TTM	2025
TACN T. Rowe Price Active Core International Equity ETF	0.00%	0.00%
TIPB Northern Trust 2035 Inflation-Linked Distributing Ladder ETF	4.15%	1.09%

Frequently Asked Questions

Can I hold both TACN and TIPB in my portfolio?

TACN and TIPB have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TACN or TIPB?

On fees, TIPB is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TACN or TIPB?

TIPB is cheaper with a 0.10% expense ratio, compared with 0.20% for TACN.

Which ETF pays a higher dividend yield, TACN or TIPB?

TIPB has the higher dividend yield at 4.15%, compared with 0.00% for TACN.

What is the main difference between TACN and TIPB?

TACN is categorized as Actively Managed, while TIPB is Inflation-Protected Bonds. They also come from different issuers: T. Rowe Price and Northern Trust. Their fees differ too: 0.20% for TACN and 0.10% for TIPB.