TIPB vs. IBII
TIPB (Northern Trust 2035 Inflation-Linked Distributing Ladder ETF) and IBII (iShares iBonds Oct 2032 Term TIPS ETF) are both Inflation-Protected Bonds funds. TIPB is actively managed, while IBII is passively managed. With a 0.95 correlation, they move nearly in lockstep.
Performance
TIPB vs. IBII - Performance Comparison
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Returns By Period
In the year-to-date period, TIPB achieves a 1.03% return, which is significantly higher than IBII's 0.60% return.
TIPB
- 1D
- -0.02%
- 1M
- -0.41%
- YTD
- 1.03%
- 6M
- 1.14%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IBII
- 1D
- -0.08%
- 1M
- -0.52%
- YTD
- 0.60%
- 6M
- 0.67%
- 1Y
- 3.71%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TIPB vs. IBII - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
TIPB Northern Trust 2035 Inflation-Linked Distributing Ladder ETF | 1.03% | 0.79% |
IBII iShares iBonds Oct 2032 Term TIPS ETF | 0.60% | 1.35% |
Correlation
The correlation between TIPB and IBII is 0.95 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Aug 19, 2025 | 0.95 |
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Return for Risk
TIPB vs. IBII — Risk / Return Rank
TIPB
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
IBII
TIPB vs. IBII - 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 2032 Term TIPS ETF (IBII). 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 | IBII | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.19 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.88 | — |
| Martin ratioReturn relative to average drawdown | — | 5.97 | — |
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Drawdowns
TIPB vs. IBII - Drawdown Comparison
The maximum TIPB drawdown since its inception was -1.32%, smaller than the maximum IBII drawdown of -4.65%. Use the drawdown chart below to compare losses from any high point for TIPB and IBII.
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Drawdown Indicators
| TIPB | IBII | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -1.32% | -4.65% | +3.33% |
Max Drawdown (1Y)Largest decline over 1 year | — | -1.98% | — |
Current DrawdownCurrent decline from peak | -1.12% | -1.66% | +0.54% |
Average DrawdownAverage peak-to-trough decline | -0.38% | -1.12% | +0.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.62% | — |
Volatility
TIPB vs. IBII - Volatility Comparison
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Volatility by Period
| TIPB | IBII | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 1.36% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 2.53% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 2.65% | 3.48% | -0.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.65% | 5.42% | -2.77% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.65% | 5.42% | -2.77% |
Dividends
TIPB vs. IBII - Dividend Comparison
TIPB's dividend yield for the trailing twelve months is around 3.04%, less than IBII's 4.09% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
IBII iShares iBonds Oct 2032 Term TIPS ETF | 4.09% | 4.80% | 4.76% | 1.10% |
TIPB Northern Trust 2035 Inflation-Linked Distributing Ladder ETF | 3.04% | 1.09% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.95, TIPB and IBII move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
IBII has the higher dividend yield at 4.09%, compared with 3.04% for TIPB.
They also come from different issuers: Northern Trust and iShares.
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