TIP vs. ASHR
Compare and contrast key facts about iShares TIPS Bond ETF (TIP) and Xtrackers Harvest CSI 300 China A-Shares Fund (ASHR).
TIP and ASHR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TIP is a passively managed fund by iShares that tracks the performance of the Barclays Capital U.S. Treasury Inflation Protected Securities (TIPS) Index (Series-L). It was launched on Dec 4, 2003. ASHR is a passively managed fund by DWS that tracks the performance of the CSI 300 Index. It was launched on Nov 6, 2013. Both TIP and ASHR 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: TIP or ASHR.
Key characteristics
| TIP | ASHR | |
|---|---|---|
| YTD Return | -1.60% | 3.18% |
| 1Y Return | -1.37% | -12.30% |
| 3Y Return (Ann) | -1.71% | -13.31% |
| 5Y Return (Ann) | 1.98% | -2.11% |
| 10Y Return (Ann) | 1.69% | 4.81% |
| Sharpe Ratio | -0.10 | -0.70 |
| Daily Std Dev | 5.95% | 18.04% |
| Max Drawdown | -14.56% | -51.30% |
| Current Drawdown | -10.85% | -44.40% |
Correlation
The correlation between TIP and ASHR 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
TIP vs. ASHR - Performance Comparison
In the year-to-date period, TIP achieves a -1.60% return, which is significantly lower than ASHR's 3.18% return. Over the past 10 years, TIP has underperformed ASHR with an annualized return of 1.69%, while ASHR has yielded a comparatively higher 4.81% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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TIP vs. ASHR - Expense Ratio Comparison
TIP has a 0.19% expense ratio, which is lower than ASHR's 0.65% expense ratio.
Risk-Adjusted Performance
TIP vs. ASHR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares TIPS Bond ETF (TIP) and Xtrackers Harvest CSI 300 China A-Shares Fund (ASHR). 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
TIP vs. ASHR - Dividend Comparison
TIP's dividend yield for the trailing twelve months is around 2.85%, more than ASHR's 2.40% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TIP iShares TIPS Bond ETF | 2.85% | 2.73% | 6.96% | 4.28% | 1.17% | 1.75% | 2.71% | 2.07% | 1.48% | 0.34% | 1.67% | 1.15% |
ASHR Xtrackers Harvest CSI 300 China A-Shares Fund | 2.40% | 2.48% | 1.13% | 0.88% | 0.81% | 0.98% | 1.32% | 0.84% | 0.73% | 30.13% | 0.27% | 0.00% |
Drawdowns
TIP vs. ASHR - Drawdown Comparison
The maximum TIP drawdown since its inception was -14.56%, smaller than the maximum ASHR drawdown of -51.30%. Use the drawdown chart below to compare losses from any high point for TIP and ASHR. For additional features, visit the drawdowns tool.
Volatility
TIP vs. ASHR - Volatility Comparison
The current volatility for iShares TIPS Bond ETF (TIP) is 1.57%, while Xtrackers Harvest CSI 300 China A-Shares Fund (ASHR) has a volatility of 4.92%. This indicates that TIP experiences smaller price fluctuations and is considered to be less risky than ASHR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.