TIPA.L vs. IS3Q.DE
TIPA.L (Lyxor Core US TIPS (DR) UCITS ETF - Acc) and IS3Q.DE (iShares Edge MSCI World Quality Factor UCITS ETF (Acc)) are both exchange-traded funds - TIPA.L is a Inflation-Protected Bonds fund tracking the Bloomberg Gbl Infl Linked US TIPS TR USD, while IS3Q.DE is a Global Equities fund tracking the MSCI World Sector Neutral Quality. Both are passively managed. Over the past 5 years, TIPA.L returned 0.58%/yr vs 10.07%/yr for IS3Q.DE. At a 0.08 correlation, their price movements are largely independent. TIPA.L charges 0.09%/yr vs 0.30%/yr for IS3Q.DE.
Performance
TIPA.L vs. IS3Q.DE - Performance Comparison
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Different Trading Currencies
TIPA.L is traded in USD, while IS3Q.DE is traded in EUR. To make them comparable, the IS3Q.DE 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 0.90% return, which is significantly lower than IS3Q.DE's 9.98% return.
TIPA.L
- 1D
- 0.13%
- 1M
- -0.08%
- 6M
- 1.16%
- YTD
- 0.90%
- 1Y
- 3.52%
- 3Y*
- 4.14%
- 5Y*
- 0.58%
- 10Y*
- —
IS3Q.DE
- 1D
- -0.21%
- 1M
- 2.59%
- 6M
- 8.93%
- YTD
- 9.98%
- 1Y
- 20.13%
- 3Y*
- 18.17%
- 5Y*
- 10.07%
- 10Y*
- 12.55%
TIPA.L vs. IS3Q.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
TIPA.L Lyxor Core US TIPS (DR) UCITS ETF - Acc | 0.90% | 6.82% | 2.10% | 3.51% | -12.83% | 6.36% | 11.05% | 0.36% |
IS3Q.DE iShares Edge MSCI World Quality Factor UCITS ETF (Acc) | 9.98% | 16.05% | 16.71% | 25.54% | -19.52% | 23.68% | 14.64% | 9.15% |
Correlation
The correlation between TIPA.L and IS3Q.DE is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.21 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.13 |
Correlation (All Time) Calculated using the full available price history since Sep 23, 2019 | 0.08 |
The correlation between TIPA.L and IS3Q.DE shifts across timeframes, from 0.08 (all time) to 0.21 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
TIPA.L vs. IS3Q.DE — Risk / Return Rank
TIPA.L
IS3Q.DE
TIPA.L vs. IS3Q.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lyxor Core US TIPS (DR) UCITS ETF - Acc (TIPA.L) and iShares Edge MSCI World Quality Factor UCITS ETF (Acc) (IS3Q.DE). 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 | IS3Q.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.74 | ||
| Sortino ratioReturn per unit of downside risk | -1.13 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.31 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 1.88 | 2.30 | -0.42 |
| Martin ratioReturn relative to average drawdown | 5.17 | 9.60 | -4.43 |
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Drawdowns
TIPA.L vs. IS3Q.DE - Drawdown Comparison
The maximum TIPA.L drawdown since its inception was -15.13%, smaller than the maximum IS3Q.DE drawdown of -32.79%. Use the drawdown chart below to compare losses from any high point for TIPA.L and IS3Q.DE.
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Drawdown Indicators
| TIPA.L | IS3Q.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.13% | -32.79% | +17.66% |
Max Drawdown (1Y)Largest decline over 1 year | -1.86% | -8.70% | +6.84% |
Max Drawdown (3Y)Largest decline over 3 years | -4.63% | -16.89% | +12.26% |
Max Drawdown (5Y)Largest decline over 5 years | -15.13% | -27.71% | +12.58% |
Max Drawdown (10Y)Largest decline over 10 years | — | -32.79% | — |
Current DrawdownCurrent decline from peak | -1.09% | -0.21% | -0.88% |
Average DrawdownAverage peak-to-trough decline | -5.26% | -8.06% | +2.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.68% | 2.09% | -1.41% |
Volatility
TIPA.L vs. IS3Q.DE - Volatility Comparison
The current volatility for Lyxor Core US TIPS (DR) UCITS ETF - Acc (TIPA.L) is 0.92%, while iShares Edge MSCI World Quality Factor UCITS ETF (Acc) (IS3Q.DE) has a volatility of 2.95%. This indicates that TIPA.L experiences smaller price fluctuations and is considered to be less risky than IS3Q.DE 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 | IS3Q.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.92% | 2.95% | -2.03% |
Volatility (6M)Calculated over the trailing 6-month period | 2.44% | 8.60% | -6.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.47% | 11.47% | -8.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.94% | 15.45% | -9.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.23% | 16.37% | -10.14% |
TIPA.L vs. IS3Q.DE - Expense Ratio Comparison
TIPA.L has a 0.09% expense ratio, which is lower than IS3Q.DE's 0.30% expense ratio.
Dividends
TIPA.L vs. IS3Q.DE - Dividend Comparison
Neither TIPA.L nor IS3Q.DE has paid dividends to shareholders.
Frequently Asked Questions
TIPA.L and IS3Q.DE have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, TIPA.L is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.
TIPA.L is cheaper with a 0.09% expense ratio, compared with 0.30% for IS3Q.DE.
TIPA.L is categorized as Inflation-Protected Bonds, while IS3Q.DE is Global Equities. TIPA.L tracks Bloomberg Gbl Infl Linked US TIPS TR USD, while IS3Q.DE tracks MSCI World Sector Neutral Quality. They also come from different issuers: Amundi and iShares. Their fees differ too: 0.09% for TIPA.L and 0.30% for IS3Q.DE.
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