TIPB vs. EMPB

Last updated Jun 4, 2026

TIPB (Northern Trust 2035 Inflation-Linked Distributing Ladder ETF) and EMPB (Efficient Market Portfolio Plus ETF) are both exchange-traded funds - TIPB is a Inflation-Protected Bonds fund actively managed by Northern Trust, while EMPB is a Long-Short fund actively managed by Empowered Funds. Both are actively managed. At a 0.03 correlation, their price movements are largely independent.

Performance

TIPB vs. EMPB - 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 Efficient Market Portfolio Plus ETF (EMPB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TIPB achieves a 1.86% return, which is significantly lower than EMPB's 13.46% return.

TIPB

• 1D: -0.12%
• 1M: -0.22%
• YTD: 1.86%
• 6M: 1.53%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

EMPB

• 1D: 0.34%
• 1M: 5.35%
• YTD: 13.46%
• 6M: 12.10%
• 1Y: 21.16%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TIPB vs. EMPB - Yearly Performance Comparison

	2026 (YTD)	2025
TIPB Northern Trust 2035 Inflation-Linked Distributing Ladder ETF	1.86%	0.79%
EMPB Efficient Market Portfolio Plus ETF	13.46%	0.75%

Correlation

The correlation between TIPB and EMPB is 0.03, 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 20, 2025	0.03

Return for Risk

TIPB vs. EMPB — Risk / Return Rank

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

EMPB

EMPB Risk / Return Rank: 59
EMPB Sharpe Ratio Rank: 55
EMPB Sortino Ratio Rank: 55
EMPB Omega Ratio Rank: 56
EMPB Calmar Ratio Rank: 71
EMPB Martin Ratio Rank: 59

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. EMPB - 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 Efficient Market Portfolio Plus ETF (EMPB). 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.

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

Sharpe Ratios by Period

	TIPB	EMPB	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.87	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.35	1.75	-0.40

Drawdowns

TIPB vs. EMPB - Drawdown Comparison

The maximum TIPB drawdown since its inception was -1.32%, smaller than the maximum EMPB drawdown of -7.55%. Use the drawdown chart below to compare losses from any high point for TIPB and EMPB.

Drawdown Indicators

	TIPB	EMPB	Difference
Max Drawdown Largest peak-to-trough decline	-1.32%	-7.55%	+6.23%
Max Drawdown (1Y) Largest decline over 1 year	—	-5.98%	—
Current Drawdown Current decline from peak	-0.31%	-0.16%	-0.15%
Average Drawdown Average peak-to-trough decline	-0.37%	-1.50%	+1.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.03%	—

Volatility

Volatility by Period

	TIPB	EMPB	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.57%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.47%	—
Volatility (1Y) Calculated over the trailing 1-year period	2.54%	11.39%	-8.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.54%	11.81%	-9.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.54%	11.81%	-9.27%

Dividends

TIPB vs. EMPB - Dividend Comparison

TIPB's dividend yield for the trailing twelve months is around 3.02%, more than EMPB's 0.77% yield.

Position	TTM	2025	2024
EMPB Efficient Market Portfolio Plus ETF	0.77%	0.88%	0.28%
TIPB Northern Trust 2035 Inflation-Linked Distributing Ladder ETF	3.02%	1.09%	0.00%

Frequently Asked Questions

Can I hold both TIPB and EMPB in my portfolio?

TIPB and EMPB have a correlation of 0.03, 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 EMPB?

TIPB has the higher dividend yield at 3.02%, compared with 0.77% for EMPB.

What is the main difference between TIPB and EMPB?

TIPB is categorized as Inflation-Protected Bonds, while EMPB is Long-Short. They also come from different issuers: Northern Trust and Empowered Funds.