TIP vs. ETH-USD
TIP (iShares TIPS Bond ETF) is Inflation-Protected Bonds fund tracking the ICE U.S. Treasury Inflation Linked Bond Index, while ETH-USD (Ethereum) is a cryptocurrency. Over the past 10 years, TIP returned 2.45%/yr vs 61.34%/yr for ETH-USD. At a 0.06 correlation, their price movements are largely independent.
Performance
TIP vs. ETH-USD - Performance Comparison
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Returns By Period
In the year-to-date period, TIP achieves a 0.95% return, which is significantly higher than ETH-USD's -43.98% return. Over the past 10 years, TIP has underperformed ETH-USD with an annualized return of 2.45%, while ETH-USD has yielded a comparatively higher 61.34% annualized return.
TIP
- 1D
- -0.11%
- 1M
- -0.90%
- YTD
- 0.95%
- 6M
- 0.97%
- 1Y
- 4.81%
- 3Y*
- 3.70%
- 5Y*
- 0.88%
- 10Y*
- 2.45%
ETH-USD
- 1D
- -1.64%
- 1M
- -28.55%
- YTD
- -43.98%
- 6M
- -46.81%
- 1Y
- -33.81%
- 3Y*
- -3.34%
- 5Y*
- -8.64%
- 10Y*
- 61.34%
TIP vs. ETH-USD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TIP iShares TIPS Bond ETF | 0.95% | 6.77% | 1.65% | 3.80% | -12.26% | 5.68% | 10.84% | 8.35% | -1.42% | 2.92% |
ETH-USD Ethereum | -43.98% | -10.91% | 46.00% | 90.84% | -67.48% | 398.30% | 473.88% | -1.52% | -82.39% | 8,984.19% |
Correlation
The correlation between TIP and ETH-USD is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.09 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.07 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.06 |
Correlation (All Time) Calculated using the full available price history since Aug 8, 2015 | 0.06 |
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Return for Risk
TIP vs. ETH-USD — Risk / Return Rank
TIP
ETH-USD
TIP vs. ETH-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares TIPS Bond ETF (TIP) and Ethereum (ETH-USD). 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.
| TIP | ETH-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.93 | ||
| Sortino ratioReturn per unit of downside risk | +2.59 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 0.96 | +0.29 |
| Calmar ratioReturn relative to maximum drawdown | 2.45 | -0.50 | +2.95 |
| Martin ratioReturn relative to average drawdown | 7.37 | -0.88 | +8.24 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| TIP | ETH-USD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.43 | -0.50 | +1.93 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.14 | -0.12 | +0.26 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.43 | 0.65 | -0.23 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.57 | 0.75 | -0.18 |
Drawdowns
TIP vs. ETH-USD - Drawdown Comparison
The maximum TIP drawdown since its inception was -14.57%, smaller than the maximum ETH-USD drawdown of -94.01%. Use the drawdown chart below to compare losses from any high point for TIP and ETH-USD.
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Drawdown Indicators
| TIP | ETH-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.57% | -94.01% | +79.44% |
Max Drawdown (1Y)Largest decline over 1 year | -1.98% | -67.53% | +65.55% |
Max Drawdown (3Y)Largest decline over 3 years | -4.54% | -67.53% | +62.99% |
Max Drawdown (5Y)Largest decline over 5 years | -14.51% | -79.35% | +64.84% |
Max Drawdown (10Y)Largest decline over 10 years | -14.51% | -94.01% | +79.50% |
Current DrawdownCurrent decline from peak | -0.90% | -65.60% | +64.70% |
Average DrawdownAverage peak-to-trough decline | -3.43% | -50.89% | +47.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.65% | 44.58% | -43.93% |
Volatility
TIP vs. ETH-USD - Volatility Comparison
The current volatility for iShares TIPS Bond ETF (TIP) is 1.01%, while Ethereum (ETH-USD) has a volatility of 16.88%. This indicates that TIP experiences smaller price fluctuations and is considered to be less risky than ETH-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TIP | ETH-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.01% | 16.88% | -15.87% |
Volatility (6M)Calculated over the trailing 6-month period | 2.33% | 46.80% | -44.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.38% | 56.55% | -53.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.21% | 59.65% | -53.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.74% | 78.04% | -72.30% |
Frequently Asked Questions
TIP and ETH-USD have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ETH-USD has higher volatility (16.88%) compared to TIP (1.01%). In terms of maximum drawdown, TIP dropped -14.57% vs ETH-USD's -94.01%.
TIP currently has the higher Sharpe Ratio (1.43 vs -0.50), 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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