TDTF vs. SPY
Compare and contrast key facts about FlexShares iBoxx 5-Year Target Duration TIPS Index Fund (TDTF) and SPDR S&P 500 ETF (SPY).
TDTF and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TDTF is a passively managed fund by Northern Trust that tracks the performance of the iBoxx 5-Year Target Duration TIPS. It was launched on Sep 19, 2011. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993. Both TDTF and SPY 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: TDTF or SPY.
Correlation
The correlation between TDTF and SPY is -0.01. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
TDTF vs. SPY - Performance Comparison
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Key characteristics
TDTF:
1.61
SPY:
0.50
TDTF:
2.36
SPY:
0.88
TDTF:
1.30
SPY:
1.13
TDTF:
0.97
SPY:
0.56
TDTF:
4.91
SPY:
2.17
TDTF:
1.44%
SPY:
4.85%
TDTF:
4.29%
SPY:
20.02%
TDTF:
-12.02%
SPY:
-55.19%
TDTF:
-0.89%
SPY:
-7.65%
Returns By Period
In the year-to-date period, TDTF achieves a 4.13% return, which is significantly higher than SPY's -3.42% return. Over the past 10 years, TDTF has underperformed SPY with an annualized return of 2.69%, while SPY has yielded a comparatively higher 12.35% annualized return.
TDTF
4.13%
0.57%
3.09%
6.87%
2.39%
2.69%
SPY
-3.42%
2.87%
-5.06%
9.87%
15.76%
12.35%
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TDTF vs. SPY - Expense Ratio Comparison
TDTF has a 0.18% expense ratio, which is higher than SPY's 0.09% 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%.
Risk-Adjusted Performance
TDTF vs. SPY — Risk-Adjusted Performance Rank
TDTF
SPY
TDTF vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for FlexShares iBoxx 5-Year Target Duration TIPS Index Fund (TDTF) and SPDR S&P 500 ETF (SPY). 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.
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Dividends
TDTF vs. SPY - Dividend Comparison
TDTF's dividend yield for the trailing twelve months is around 4.20%, more than SPY's 1.27% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TDTF FlexShares iBoxx 5-Year Target Duration TIPS Index Fund | 4.20% | 3.98% | 3.97% | 7.60% | 4.55% | 1.13% | 1.80% | 2.60% | 2.20% | 1.51% | 0.21% | 1.23% |
SPY SPDR S&P 500 ETF | 1.27% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
TDTF vs. SPY - Drawdown Comparison
The maximum TDTF drawdown since its inception was -12.02%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for TDTF and SPY. For additional features, visit the drawdowns tool.
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Volatility
TDTF vs. SPY - Volatility Comparison
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