TIPB vs. ENFR

Last updated Jun 4, 2026

TIPB (Northern Trust 2035 Inflation-Linked Distributing Ladder ETF) and ENFR (Alerian Energy Infrastructure ETF) are both exchange-traded funds - TIPB is a Inflation-Protected Bonds fund actively managed by Northern Trust, while ENFR is a Energy Equities fund tracking the Alerian Midstream Energy Select Index. TIPB is actively managed, while ENFR is passively managed. At a correlation of -0.11, they often move in opposite directions.

Performance

TIPB vs. ENFR - 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 Alerian Energy Infrastructure ETF (ENFR). 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 ENFR's 24.60% return.

TIPB

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

ENFR

• 1D: 0.10%
• 1M: -1.01%
• YTD: 24.60%
• 6M: 24.41%
• 1Y: 25.40%
• 3Y*: 27.99%
• 5Y*: 19.91%
• 10Y*: 11.96%

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

TIPB vs. ENFR - Yearly Performance Comparison

	2026 (YTD)	2025
TIPB Northern Trust 2035 Inflation-Linked Distributing Ladder ETF	1.86%	0.79%
ENFR Alerian Energy Infrastructure ETF	24.60%	1.93%

Correlation

The correlation between TIPB and ENFR is -0.11, 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 20, 2025	-0.11

Return for Risk

TIPB vs. ENFR — Risk / Return Rank

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

ENFR

ENFR Risk / Return Rank: 50
ENFR Sharpe Ratio Rank: 50
ENFR Sortino Ratio Rank: 48
ENFR Omega Ratio Rank: 47
ENFR Calmar Ratio Rank: 59
ENFR Martin Ratio Rank: 48

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. ENFR - 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 Energy Infrastructure ETF (ENFR). 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	ENFR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.75	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.04	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.49	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.35	0.34	+1.00

Drawdowns

TIPB vs. ENFR - Drawdown Comparison

The maximum TIPB drawdown since its inception was -1.32%, smaller than the maximum ENFR drawdown of -68.28%. Use the drawdown chart below to compare losses from any high point for TIPB and ENFR.

Drawdown Indicators

	TIPB	ENFR	Difference
Max Drawdown Largest peak-to-trough decline	-1.32%	-68.28%	+66.96%
Max Drawdown (1Y) Largest decline over 1 year	—	-8.64%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-15.58%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-20.29%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-62.64%	—
Current Drawdown Current decline from peak	-0.31%	-4.95%	+4.64%
Average Drawdown Average peak-to-trough decline	-0.37%	-15.98%	+15.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.16%	—

Volatility

Volatility by Period

	TIPB	ENFR	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	6.18%	—
Volatility (6M) Calculated over the trailing 6-month period	—	11.47%	—
Volatility (1Y) Calculated over the trailing 1-year period	2.54%	14.64%	-12.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.54%	19.30%	-16.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.54%	24.69%	-22.15%

Dividends

TIPB vs. ENFR - Dividend Comparison

TIPB's dividend yield for the trailing twelve months is around 3.02%, less than ENFR's 4.03% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ENFR Alerian Energy Infrastructure ETF	4.03%	4.77%	4.41%	5.48%	5.23%	7.86%	7.57%	5.81%	3.98%	2.98%	3.31%	3.34%
TIPB Northern Trust 2035 Inflation-Linked Distributing Ladder ETF	3.02%	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

Can I hold both TIPB and ENFR in my portfolio?

TIPB and ENFR have a correlation of -0.11, 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 ENFR?

ENFR has the higher dividend yield at 4.03%, compared with 3.02% for TIPB.

What is the main difference between TIPB and ENFR?

TIPB is categorized as Inflation-Protected Bonds, while ENFR is Energy Equities. They also come from different issuers: Northern Trust and SS&C.