TILUX vs. BKIPX
TILUX (Morgan Stanley Pathway Funds Inflation-Linked Fixed Income Fund) and BKIPX (iShares Short-Term TIPS Bond Index Fund Class K) are both Inflation-Protected Bonds funds. Over the past 5 years, TILUX returned 0.63%/yr vs 2.69%/yr for BKIPX. A 0.69 correlation means they provide meaningful diversification when combined. TILUX charges 0.86%/yr vs 0.06%/yr for BKIPX.
Performance
TILUX vs. BKIPX - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both stocks are quite close, with TILUX having a 0.66% return and BKIPX slightly lower at 0.64%.
TILUX
- 1D
- -0.36%
- 1M
- 0.21%
- YTD
- 0.66%
- 6M
- 0.93%
- 1Y
- 2.74%
- 3Y*
- 3.53%
- 5Y*
- 0.63%
- 10Y*
- 2.53%
BKIPX
- 1D
- -0.21%
- 1M
- 0.01%
- YTD
- 0.64%
- 6M
- 1.01%
- 1Y
- 3.22%
- 3Y*
- 4.68%
- 5Y*
- 2.69%
- 10Y*
- —
TILUX vs. BKIPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TILUX Morgan Stanley Pathway Funds Inflation-Linked Fixed Income Fund | 0.66% | 6.41% | 1.86% | 3.34% | -12.14% | 5.42% | 12.70% | 8.11% | -2.05% | 3.15% |
BKIPX iShares Short-Term TIPS Bond Index Fund Class K | 0.64% | 6.08% | 4.77% | 3.37% | -4.18% | 5.21% | 4.86% | 4.90% | 0.61% | 0.90% |
Correlation
The correlation between TILUX and BKIPX is 0.51, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.51 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.67 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.71 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 2017 | 0.69 |
The correlation between TILUX and BKIPX shifts across timeframes, from 0.51 (1 year) to 0.71 (5 years), 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
TILUX vs. BKIPX — Risk / Return Rank
TILUX
BKIPX
TILUX vs. BKIPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Morgan Stanley Pathway Funds Inflation-Linked Fixed Income Fund (TILUX) and iShares Short-Term TIPS Bond Index Fund Class K (BKIPX). 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.
| TILUX | BKIPX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.53 | ||
| Sortino ratioReturn per unit of downside risk | -1.35 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.33 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | 1.33 | 2.42 | -1.09 |
| Martin ratioReturn relative to average drawdown | 3.57 | 9.92 | -6.35 |
Loading charts...
Drawdowns
TILUX vs. BKIPX - Drawdown Comparison
The maximum TILUX drawdown since its inception was -14.72%, which is greater than BKIPX's maximum drawdown of -6.42%. Use the drawdown chart below to compare losses from any high point for TILUX and BKIPX.
Loading charts...
Drawdown Indicators
| TILUX | BKIPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.72% | -6.42% | -8.30% |
Max Drawdown (1Y)Largest decline over 1 year | -2.72% | -1.34% | -1.38% |
Max Drawdown (3Y)Largest decline over 3 years | -4.41% | -1.34% | -3.07% |
Max Drawdown (5Y)Largest decline over 5 years | -14.72% | -6.42% | -8.30% |
Max Drawdown (10Y)Largest decline over 10 years | -14.72% | — | — |
Current DrawdownCurrent decline from peak | -1.25% | -1.34% | +0.09% |
Average DrawdownAverage peak-to-trough decline | -3.59% | -1.06% | -2.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.98% | 0.33% | +0.65% |
Volatility
TILUX vs. BKIPX - Volatility Comparison
The current volatility for Morgan Stanley Pathway Funds Inflation-Linked Fixed Income Fund (TILUX) is 1.03%, while iShares Short-Term TIPS Bond Index Fund Class K (BKIPX) has a volatility of 1.31%. This indicates that TILUX experiences smaller price fluctuations and is considered to be less risky than BKIPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| TILUX | BKIPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.03% | 1.31% | -0.28% |
Volatility (6M)Calculated over the trailing 6-month period | 2.75% | 1.82% | +0.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.21% | 2.34% | +1.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.01% | 3.12% | +2.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.42% | 2.64% | +2.78% |
TILUX vs. BKIPX - Expense Ratio Comparison
TILUX has a 0.86% expense ratio, which is higher than BKIPX's 0.06% expense ratio.
Dividends
TILUX vs. BKIPX - Dividend Comparison
TILUX's dividend yield for the trailing twelve months is around 3.10%, less than BKIPX's 4.69% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
BKIPX iShares Short-Term TIPS Bond Index Fund Class K | 4.69% | 4.68% | 4.33% | 2.77% | 4.80% | 4.41% | 1.17% | 2.54% | 2.56% | 1.90% | 0.00% |
TILUX Morgan Stanley Pathway Funds Inflation-Linked Fixed Income Fund | 3.10% | 2.92% | 3.72% | 1.77% | 16.54% | 9.24% | 2.28% | 2.27% | 3.45% | 3.01% | 2.97% |
Frequently Asked Questions
TILUX and BKIPX have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BKIPX has higher volatility (1.31%) compared to TILUX (1.03%). In terms of maximum drawdown, TILUX dropped -14.72% vs BKIPX's -6.42%.
BKIPX currently has the higher Sharpe Ratio (1.39 vs 0.86), 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 TILUX and BKIPX
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