TIPA vs. IBID
TIPA (Northern Trust 2030 Inflation-Linked Distributing Ladder ETF) and IBID (iShares iBonds Oct 2027 Term TIPS ETF) are both Inflation-Protected Bonds funds. TIPA is actively managed, while IBID is passively managed. A 0.57 correlation means they provide meaningful diversification when combined. Both charge a 0.10% expense ratio.
Performance
TIPA vs. IBID - Performance Comparison
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Returns By Period
In the year-to-date period, TIPA achieves a 1.84% return, which is significantly lower than IBID's 2.45% return.
TIPA
- 1D
- -0.06%
- 1M
- 0.36%
- 6M
- 1.79%
- YTD
- 1.84%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
IBID
- 1D
- 0.06%
- 1M
- 0.50%
- 6M
- 2.40%
- YTD
- 2.45%
- 1Y
- 3.90%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 5.44%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $700.05K | $765.14K | $762.19K | |
| $1.26K | $9.58K | $152.52K |
TIPA vs. IBID - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
TIPA Northern Trust 2030 Inflation-Linked Distributing Ladder ETF | 1.84% | 0.52% |
IBID iShares iBonds Oct 2027 Term TIPS ETF | 2.45% | 1.01% |
Correlation
The correlation between TIPA and IBID is 0.57, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Aug 19, 2025 | 0.57 |
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Return for Risk
TIPA vs. IBID — Risk / Return Rank
TIPA
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
IBID
TIPA vs. IBID - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Northern Trust 2030 Inflation-Linked Distributing Ladder ETF (TIPA) and iShares iBonds Oct 2027 Term TIPS ETF (IBID). 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 | IBID | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.71 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 7.12 | — |
| Martin ratioReturn relative to average drawdown | — | 25.04 | — |
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Drawdowns
TIPA vs. IBID - Drawdown Comparison
The maximum TIPA drawdown since its inception was -0.76%, smaller than the maximum IBID drawdown of -1.28%. Use the drawdown chart below to compare losses from any high point for TIPA and IBID.
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Drawdown Indicators
| TIPA | IBID | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -0.76% | -1.28% | +0.52% |
Max Drawdown (1Y)Largest decline over 1 year | — | -0.55% | — |
Current DrawdownCurrent decline from peak | -0.38% | -0.05% | -0.33% |
Average DrawdownAverage peak-to-trough decline | -0.23% | -0.22% | -0.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.16% | — |
Volatility
TIPA vs. IBID - Volatility Comparison
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Volatility by Period
| TIPA | IBID | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 0.37% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 0.92% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 1.60% | 1.24% | +0.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.60% | 2.22% | -0.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.60% | 2.22% | -0.62% |
TIPA vs. IBID - Expense Ratio Comparison
Both TIPA and IBID have an expense ratio of 0.10%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
TIPA vs. IBID - Dividend Comparison
TIPA's dividend yield for the trailing twelve months is around 3.29%, less than IBID's 4.90% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
IBID iShares iBonds Oct 2027 Term TIPS ETF | 4.90% | 4.43% | 4.24% | 0.81% |
TIPA Northern Trust 2030 Inflation-Linked Distributing Ladder ETF | 3.29% | 0.84% | 0.00% | 0.00% |
Frequently Asked Questions
TIPA and IBID have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.10% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
TIPA and IBID have the same expense ratio: 0.10% per year.
IBID has the higher dividend yield at 4.90%, compared with 3.29% for TIPA.
They also come from different issuers: Northern Trust and iShares.
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