TIPB vs. IBIE
TIPB (Northern Trust 2035 Inflation-Linked Distributing Ladder ETF) and IBIE (iShares iBonds Oct 2028 Term TIPS ETF) are both Inflation-Protected Bonds funds. TIPB is actively managed, while IBIE is passively managed. Their 0.71 correlation means they have sometimes moved together and sometimes differently. Both charge a 0.10% expense ratio.
Performance
TIPB vs. IBIE - Performance Comparison
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Returns By Period
In the year-to-date period, TIPB achieves a 1.32% return, which is significantly lower than IBIE's 1.90% return.
TIPB
- 1D
- -0.11%
- 1M
- -0.15%
- 6M
- 0.74%
- YTD
- 1.32%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
IBIE
- 1D
- -0.02%
- 1M
- 0.29%
- 6M
- 1.31%
- YTD
- 1.90%
- 1Y
- 3.03%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 5.32%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $698.05K | $699.21K | $764.03K | |
| $2.11K | $9.22K | $33.66K |
TIPB vs. IBIE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
TIPB Northern Trust 2035 Inflation-Linked Distributing Ladder ETF | 1.32% | 0.79% |
IBIE iShares iBonds Oct 2028 Term TIPS ETF | 1.90% | 0.97% |
Correlation
The correlation between TIPB and IBIE is 0.71, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Aug 19, 2025 | 0.71 |
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Return for Risk
TIPB vs. IBIE — Risk / Return Rank
TIPB
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
IBIE
TIPB vs. IBIE - 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 iShares iBonds Oct 2028 Term TIPS ETF (IBIE). 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 | IBIE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.49 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 4.90 | — |
| Martin ratioReturn relative to average drawdown | — | 15.03 | — |
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Drawdowns
TIPB vs. IBIE - Drawdown Comparison
The maximum TIPB drawdown since its inception was -1.32%, smaller than the maximum IBIE drawdown of -1.70%. Use the drawdown chart below to compare losses from any high point for TIPB and IBIE.
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Drawdown Indicators
| TIPB | IBIE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -1.32% | -1.70% | +0.38% |
Max Drawdown (1Y)Largest decline over 1 year | — | -0.72% | — |
Current DrawdownCurrent decline from peak | -0.85% | -0.20% | -0.65% |
Average DrawdownAverage peak-to-trough decline | -0.42% | -0.38% | -0.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.23% | — |
Volatility
TIPB vs. IBIE - Volatility Comparison
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Volatility by Period
| TIPB | IBIE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 0.30% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 1.07% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 2.60% | 1.54% | +1.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.60% | 2.80% | -0.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.60% | 2.80% | -0.20% |
TIPB vs. IBIE - Expense Ratio Comparison
Both TIPB and IBIE have an expense ratio of 0.10%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
TIPB vs. IBIE - Dividend Comparison
TIPB's dividend yield for the trailing twelve months is around 4.16%, less than IBIE's 4.96% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
IBIE iShares iBonds Oct 2028 Term TIPS ETF | 4.96% | 4.09% | 4.23% | 0.75% |
TIPB Northern Trust 2035 Inflation-Linked Distributing Ladder ETF | 4.16% | 1.09% | 0.00% | 0.00% |
Frequently Asked Questions
TIPB and IBIE have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.10% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
TIPB and IBIE have the same expense ratio: 0.10% per year.
IBIE has the higher dividend yield at 4.96%, compared with 4.16% for TIPB.
They also come from different issuers: Northern Trust and iShares.
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