TIPA.L vs. ^STOXX
TIPA.L (Amundi US TIPS Government Inflation-Linked Bond UCITS ETF Acc) is Inflation-Protected Bonds fund tracking the Bloomberg US Government Inflation-Linked All Maturities Index, while ^STOXX (STOXX Europe 600 Index) is an index. Over the past 5 years, TIPA.L returned 0.26%/yr vs 6.02%/yr for ^STOXX. Their 0.13 correlation means their historical movements had little consistent relationship.
Performance
TIPA.L vs. ^STOXX - Performance Comparison
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Different Trading Currencies
TIPA.L is traded in USD, while ^STOXX is traded in EUR. To make them comparable, the ^STOXX values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, TIPA.L achieves a 0.30% return, which is significantly lower than ^STOXX's 4.44% return.
TIPA.L
- 1D
- 0.17%
- 1M
- -0.72%
- 6M
- 0.47%
- YTD
- 0.30%
- 1Y
- 2.63%
- 3Y*
- 3.39%
- 5Y*
- 0.26%
- 10Y*
- —
- ALL TIME*
- 2.32%
^STOXX
- 1D
- 0.00%
- 1M
- 0.47%
- 6M
- 1.08%
- YTD
- 4.44%
- 1Y
- 12.64%
- 3Y*
- 12.05%
- 5Y*
- 6.02%
- 10Y*
- 6.85%
- ALL TIME*
- 1.52%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
^STOXX STOXX Europe 600 Index | $109.01B | $113.02B | $138.43B |
| $105.63K | $109.70K | $111.36K |
TIPA.L vs. ^STOXX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
TIPA.L Amundi US TIPS Government Inflation-Linked Bond UCITS ETF Acc | 0.30% | 6.82% | 2.10% | 3.51% | -12.83% | 6.36% | 11.05% | 0.36% |
^STOXX STOXX Europe 600 Index | 4.44% | 32.56% | -0.63% | 16.30% | -17.85% | 12.47% | 5.57% | 7.65% |
Correlation
The correlation between TIPA.L and ^STOXX is 0.30, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.30 |
Correlation (3Y) Balances recent behavior with more history. | 0.23 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.17 |
Correlation (All Time) Calculated using the full available price history since Sep 23, 2019 | 0.13 |
The correlation between TIPA.L and ^STOXX shifts across timeframes, from 0.13 (all time) to 0.30 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
TIPA.L vs. ^STOXX — Risk / Return Rank
TIPA.L
^STOXX
TIPA.L vs. ^STOXX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi US TIPS Government Inflation-Linked Bond UCITS ETF Acc (TIPA.L) and STOXX Europe 600 Index (^STOXX). 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.
| TIPA.L | ^STOXX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.09 | ||
| Sortino ratioReturn per unit of downside risk | -0.17 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.16 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 1.39 | 1.07 | +0.32 |
| Martin ratioReturn relative to average drawdown | 3.60 | 3.54 | +0.06 |
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Drawdowns
TIPA.L vs. ^STOXX - Drawdown Comparison
The maximum TIPA.L drawdown since its inception was -15.13%, smaller than the maximum ^STOXX drawdown of -64.60%. Use the drawdown chart below to compare losses from any high point for TIPA.L and ^STOXX.
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Drawdown Indicators
| TIPA.L | ^STOXX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.13% | -64.60% | +49.47% |
Max Drawdown (1Y)Largest decline over 1 year | -1.86% | -11.59% | +9.73% |
Max Drawdown (3Y)Largest decline over 3 years | -4.17% | -15.22% | +11.05% |
Max Drawdown (5Y)Largest decline over 5 years | -15.13% | -33.96% | +18.83% |
Max Drawdown (10Y)Largest decline over 10 years | — | -39.58% | — |
Current DrawdownCurrent decline from peak | -1.68% | -2.90% | +1.22% |
Average DrawdownAverage peak-to-trough decline | -5.23% | -22.93% | +17.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.72% | 3.49% | -2.77% |
Volatility
TIPA.L vs. ^STOXX - Volatility Comparison
The current volatility for Amundi US TIPS Government Inflation-Linked Bond UCITS ETF Acc (TIPA.L) is 0.62%, while STOXX Europe 600 Index (^STOXX) has a volatility of 3.83%. This indicates that TIPA.L experiences smaller price fluctuations and is considered to be less risky than ^STOXX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TIPA.L | ^STOXX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.62% | 3.83% | -3.21% |
Volatility (6M)Calculated over the trailing 6-month period | 2.42% | 12.32% | -9.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.42% | 14.62% | -11.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.93% | 17.45% | -11.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.21% | 17.26% | -11.05% |
Frequently Asked Questions
TIPA.L and ^STOXX have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for TIPA.L and ^STOXX
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