TIPA vs. STIP
TIPA (Northern Trust 2030 Inflation-Linked Distributing Ladder ETF) and STIP (iShares 0-5 Year TIPS Bond ETF) are both Inflation-Protected Bonds funds. TIPA is actively managed, while STIP is passively managed. With a 0.96 correlation, they move nearly in lockstep. TIPA charges 0.10%/yr vs 0.06%/yr for STIP.
Performance
TIPA vs. STIP - Performance Comparison
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Returns By Period
In the year-to-date period, TIPA achieves a 1.78% return, which is significantly higher than STIP's 1.68% return.
TIPA
- 1D
- 0.05%
- 1M
- -0.36%
- 6M
- 1.77%
- YTD
- 1.78%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
STIP
- 1D
- 0.10%
- 1M
- -0.35%
- 6M
- 1.69%
- YTD
- 1.68%
- 1Y
- 3.76%
- 3Y*
- 5.11%
- 5Y*
- 3.27%
- 10Y*
- 3.07%
TIPA vs. STIP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
TIPA Northern Trust 2030 Inflation-Linked Distributing Ladder ETF | 1.78% | 0.52% |
STIP iShares 0-5 Year TIPS Bond ETF | 1.68% | 1.12% |
Correlation
The correlation between TIPA and STIP is 0.96 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Aug 19, 2025 | 0.96 |
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Return for Risk
TIPA vs. STIP — Risk / Return Rank
TIPA
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
STIP
TIPA vs. STIP - 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 0-5 Year TIPS Bond ETF (STIP). 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 | STIP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.50 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 5.09 | — |
| Martin ratioReturn relative to average drawdown | — | 17.35 | — |
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Drawdowns
TIPA vs. STIP - Drawdown Comparison
The maximum TIPA drawdown since its inception was -0.76%, smaller than the maximum STIP drawdown of -5.50%. Use the drawdown chart below to compare losses from any high point for TIPA and STIP.
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Drawdown Indicators
| TIPA | STIP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -0.76% | -5.50% | +4.74% |
Max Drawdown (1Y)Largest decline over 1 year | — | -0.73% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -0.95% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -5.50% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -5.50% | — |
Current DrawdownCurrent decline from peak | -0.43% | -0.38% | -0.05% |
Average DrawdownAverage peak-to-trough decline | -0.22% | -0.99% | +0.77% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.21% | — |
Volatility
TIPA vs. STIP - Volatility Comparison
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Volatility by Period
| TIPA | STIP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 0.65% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 1.15% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 1.63% | 1.54% | +0.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.63% | 2.74% | -1.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.63% | 2.45% | -0.82% |
TIPA vs. STIP - Expense Ratio Comparison
TIPA has a 0.10% expense ratio, which is higher than STIP's 0.06% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
TIPA vs. STIP - Dividend Comparison
TIPA's dividend yield for the trailing twelve months is around 3.29%, less than STIP's 4.92% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
STIP iShares 0-5 Year TIPS Bond ETF | 4.92% | 4.11% | 2.62% | 2.84% | 6.04% | 4.15% | 1.40% | 2.06% | 2.44% | 1.59% | 0.89% |
TIPA Northern Trust 2030 Inflation-Linked Distributing Ladder ETF | 3.29% | 0.84% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.96, TIPA and STIP move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, STIP is cheaper at 0.06% per year. The better choice depends on whether you care most about return, fees, risk, or income.
STIP is cheaper with a 0.06% expense ratio, compared with 0.10% for TIPA.
STIP has the higher dividend yield at 4.92%, compared with 3.29% for TIPA.
They also come from different issuers: Northern Trust and iShares. Their fees differ too: 0.10% for TIPA and 0.06% for STIP.
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