TIPB vs. AMLP
TIPB (Northern Trust 2035 Inflation-Linked Distributing Ladder ETF) and AMLP (Alerian MLP ETF) are both exchange-traded funds - TIPB is a Inflation-Protected Bonds fund actively managed by Northern Trust, while AMLP is a MLPs fund tracking the Alerian MLP Infrastructure Index. TIPB is actively managed, while AMLP is passively managed. At a correlation of -0.10, they often move in opposite directions.
Performance
TIPB vs. AMLP - Performance Comparison
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Returns By Period
In the year-to-date period, TIPB achieves a 1.38% return, which is significantly lower than AMLP's 18.74% return.
TIPB
- 1D
- -0.13%
- 1M
- -0.28%
- 6M
- 1.21%
- YTD
- 1.38%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
AMLP
- 1D
- 1.88%
- 1M
- 2.99%
- 6M
- 15.34%
- YTD
- 18.74%
- 1Y
- 19.21%
- 3Y*
- 19.54%
- 5Y*
- 18.25%
- 10Y*
- 6.74%
TIPB vs. AMLP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
TIPB Northern Trust 2035 Inflation-Linked Distributing Ladder ETF | 1.38% | 0.79% |
AMLP Alerian MLP ETF | 18.74% | 0.00% |
Correlation
The correlation between TIPB and AMLP is -0.10, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Aug 19, 2025 | -0.10 |
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Return for Risk
TIPB vs. AMLP — Risk / Return Rank
TIPB
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
AMLP
TIPB vs. AMLP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Northern Trust 2035 Inflation-Linked Distributing Ladder ETF (TIPB) and Alerian MLP ETF (AMLP). 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.
| TIPB | AMLP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.27 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.16 | — |
| Martin ratioReturn relative to average drawdown | — | 6.04 | — |
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Drawdowns
TIPB vs. AMLP - Drawdown Comparison
The maximum TIPB drawdown since its inception was -1.32%, smaller than the maximum AMLP drawdown of -77.19%. Use the drawdown chart below to compare losses from any high point for TIPB and AMLP.
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Drawdown Indicators
| TIPB | AMLP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -1.32% | -77.19% | +75.87% |
Max Drawdown (1Y)Largest decline over 1 year | — | -8.94% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -14.27% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -20.92% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -72.62% | — |
Current DrawdownCurrent decline from peak | -0.79% | -2.10% | +1.31% |
Average DrawdownAverage peak-to-trough decline | -0.40% | -17.32% | +16.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 3.19% | — |
Volatility
TIPB vs. AMLP - Volatility Comparison
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Volatility by Period
| TIPB | AMLP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 5.24% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 9.62% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 2.63% | 12.50% | -9.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.63% | 19.69% | -17.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.63% | 27.65% | -25.02% |
Dividends
TIPB vs. AMLP - Dividend Comparison
TIPB's dividend yield for the trailing twelve months is around 4.15%, less than AMLP's 7.49% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMLP Alerian MLP ETF | 7.49% | 8.36% | 7.70% | 7.86% | 7.70% | 8.55% | 12.31% | 9.12% | 9.29% | 7.97% | 8.09% | 9.84% |
TIPB Northern Trust 2035 Inflation-Linked Distributing Ladder ETF | 4.15% | 1.09% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
TIPB and AMLP have a correlation of -0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AMLP has the higher dividend yield at 7.49%, compared with 4.15% for TIPB.
TIPB is categorized as Inflation-Protected Bonds, while AMLP is MLPs. They also come from different issuers: Northern Trust and SS&C.
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