TIP vs. PHM

Last updated Apr 2, 2026

Compare and contrast key facts about iShares TIPS Bond ETF (TIP) and PulteGroup, Inc. (PHM).

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.

Performance

TIP vs. PHM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares TIPS Bond ETF (TIP) and PulteGroup, Inc. (PHM). The values are adjusted to include any dividend payments, if applicable.

TIP vs. PHM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TIP iShares TIPS Bond ETF	0.41%	6.77%	1.65%	3.80%	-12.26%	5.68%	10.84%	8.35%	-1.42%	2.92%
PHM PulteGroup, Inc.	0.12%	8.54%	6.22%	128.76%	-19.22%	34.03%	12.55%	51.33%	-20.76%	83.43%

Returns By Period

In the year-to-date period, TIP achieves a 0.41% return, which is significantly higher than PHM's 0.12% return. Over the past 10 years, TIP has underperformed PHM with an annualized return of 2.49%, while PHM has yielded a comparatively higher 21.76% annualized return.

TIP

• 1D: 0.00%
• 1M: -1.08%
• YTD: 0.41%
• 6M: 0.15%
• 1Y: 2.76%
• 3Y*: 2.98%
• 5Y*: 1.24%
• 10Y*: 2.49%

PHM

• 1D: -0.39%
• 1M: -12.20%
• YTD: 0.12%
• 6M: -12.50%
• 1Y: 14.60%
• 3Y*: 27.18%
• 5Y*: 18.11%
• 10Y*: 21.76%

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

Return for Risk

TIP vs. PHM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TIP

TIP Risk / Return Rank: 32
TIP Sharpe Ratio Rank: 34
TIP Sortino Ratio Rank: 30
TIP Omega Ratio Rank: 28
TIP Calmar Ratio Rank: 38
TIP Martin Ratio Rank: 33

PHM

PHM Risk / Return Rank: 54
PHM Sharpe Ratio Rank: 55
PHM Sortino Ratio Rank: 52
PHM Omega Ratio Rank: 48
PHM Calmar Ratio Rank: 58
PHM Martin Ratio Rank: 56

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

TIP vs. PHM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares TIPS Bond ETF (TIP) and PulteGroup, Inc. (PHM). 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	PHM	Difference
Sharpe ratio Return per unit of total volatility	0.67	0.41	+0.26
Sortino ratio Return per unit of downside risk	0.93	0.91	+0.02
Omega ratio Gain probability vs. loss probability	1.12	1.10	+0.02
Calmar ratio Return relative to maximum drawdown	1.03	0.74	+0.29
Martin ratio Return relative to average drawdown	2.99	1.57	+1.42
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TIP vs. PHM - Sharpe Ratio Comparison

The current TIP Sharpe Ratio is 0.67, which is higher than the PHM Sharpe Ratio of 0.41. The chart below compares the historical Sharpe Ratios of TIP and PHM, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	TIP	PHM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.67	0.41	+0.26
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.20	0.53	-0.33
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.43	0.60	-0.17
Sharpe Ratio (All Time) Calculated using the full available price history	0.57	0.26	+0.31

Correlation

The correlation between TIP and PHM is 0.02, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

TIP vs. PHM - Dividend Comparison

TIP's dividend yield for the trailing twelve months is around 2.80%, more than PHM's 0.82% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
TIP iShares TIPS Bond ETF	2.80%	3.46%	2.52%	2.73%	6.96%	4.28%	1.17%	1.75%	2.71%	2.07%	1.48%	0.34%
PHM PulteGroup, Inc.	0.82%	0.78%	0.75%	0.66%	1.34%	1.00%	1.16%	1.16%	1.46%	1.08%	1.96%	1.85%

Drawdowns

TIP vs. PHM - Drawdown Comparison

The maximum TIP drawdown since its inception was -14.57%, smaller than the maximum PHM drawdown of -92.40%. Use the drawdown chart below to compare losses from any high point for TIP and PHM.

Drawdown Indicators

	TIP	PHM	Difference
Max Drawdown Largest peak-to-trough decline	-14.57%	-92.40%	+77.83%
Max Drawdown (1Y) Largest decline over 1 year	-2.74%	-20.06%	+17.32%
Max Drawdown (5Y) Largest decline over 5 years	-14.51%	-40.99%	+26.48%
Max Drawdown (10Y) Largest decline over 10 years	-14.51%	-62.11%	+47.60%
Current Drawdown Current decline from peak	-1.36%	-20.45%	+19.09%
Average Drawdown Average peak-to-trough decline	-3.46%	-35.56%	+32.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.94%	9.47%	-8.53%

Volatility

TIP vs. PHM - Volatility Comparison

The current volatility for iShares TIPS Bond ETF (TIP) is 1.41%, while PulteGroup, Inc. (PHM) has a volatility of 8.70%. This indicates that TIP experiences smaller price fluctuations and is considered to be less risky than PHM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TIP	PHM	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.41%	8.70%	-7.29%
Volatility (6M) Calculated over the trailing 6-month period	2.35%	22.56%	-20.21%
Volatility (1Y) Calculated over the trailing 1-year period	4.15%	35.75%	-31.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.22%	34.59%	-28.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.75%	36.37%	-30.62%