TIPB vs. DRLL

Last updated Jul 14, 2026

TIPB (Northern Trust 2035 Inflation-Linked Distributing Ladder ETF) and DRLL (Strive U.S. Energy ETF) are both exchange-traded funds - TIPB is a Inflation-Protected Bonds fund actively managed by Northern Trust, while DRLL is a Energy Equities fund tracking the Bloomberg US Energy Select Index. TIPB is actively managed, while DRLL is passively managed. At a correlation of -0.13, they often move in opposite directions.

Performance

TIPB vs. DRLL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Northern Trust 2035 Inflation-Linked Distributing Ladder ETF (TIPB) and Strive U.S. Energy ETF (DRLL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TIPB achieves a 1.38% return, which is significantly lower than DRLL's 27.97% return.

TIPB

• 1D: -0.13%
• 1M: -0.28%
• 6M: 1.21%
• YTD: 1.38%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DRLL

• 1D: 3.71%
• 1M: 0.35%
• 6M: 24.10%
• YTD: 27.97%
• 1Y: 28.40%
• 3Y*: 12.67%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

TIPB vs. DRLL - Yearly Performance Comparison

	2026 (YTD)	2025
TIPB Northern Trust 2035 Inflation-Linked Distributing Ladder ETF	1.38%	0.79%
DRLL Strive U.S. Energy ETF	27.97%	5.61%

Correlation

The correlation between TIPB and DRLL is -0.13, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Aug 19, 2025	-0.13

Return for Risk

TIPB vs. DRLL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TIPB

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

DRLL

DRLL Risk / Return Rank: 41
DRLL Sharpe Ratio Rank: 44
DRLL Sortino Ratio Rank: 41
DRLL Omega Ratio Rank: 40
DRLL Calmar Ratio Rank: 41
DRLL Martin Ratio Rank: 36

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

TIPB vs. DRLL - 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 Strive U.S. Energy ETF (DRLL). 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	DRLL	Difference
Sharpe ratio: Return per unit of total volatility	—	1.25	—
Sortino ratio: Return per unit of downside risk	—	1.72	—
Omega ratio: Gain probability vs. loss probability	—	1.21	—
Calmar ratio: Return relative to maximum drawdown	—	1.68	—
Martin ratio: Return relative to average drawdown	—	4.36	—

Drawdowns

TIPB vs. DRLL - Drawdown Comparison

The maximum TIPB drawdown since its inception was -1.32%, smaller than the maximum DRLL drawdown of -23.73%. Use the drawdown chart below to compare losses from any high point for TIPB and DRLL.

Drawdown Indicators

	TIPB	DRLL	Difference
Max Drawdown Largest peak-to-trough decline	-1.32%	-23.73%	+22.41%
Max Drawdown (1Y) Largest decline over 1 year	—	-16.99%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-23.73%	—
Current Drawdown Current decline from peak	-0.79%	-10.40%	+9.61%
Average Drawdown Average peak-to-trough decline	-0.40%	-8.16%	+7.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	6.60%	—

Volatility

Volatility by Period

	TIPB	DRLL	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	7.88%	—
Volatility (6M) Calculated over the trailing 6-month period	—	18.50%	—
Volatility (1Y) Calculated over the trailing 1-year period	2.63%	22.90%	-20.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.63%	23.83%	-21.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.63%	23.83%	-21.20%

Dividends

TIPB vs. DRLL - Dividend Comparison

TIPB's dividend yield for the trailing twelve months is around 4.15%, more than DRLL's 2.37% yield.

Position	TTM	2025	2024	2023	2022
DRLL Strive U.S. Energy ETF	2.37%	2.99%	3.00%	3.01%	1.18%
TIPB Northern Trust 2035 Inflation-Linked Distributing Ladder ETF	4.15%	1.09%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both TIPB and DRLL in my portfolio?

TIPB and DRLL have a correlation of -0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF pays a higher dividend yield, TIPB or DRLL?

TIPB has the higher dividend yield at 4.15%, compared with 2.37% for DRLL.

What is the main difference between TIPB and DRLL?

TIPB is categorized as Inflation-Protected Bonds, while DRLL is Energy Equities. They also come from different issuers: Northern Trust and Strive.