TIPB vs. IYE

Last updated Jun 5, 2026

TIPB (Northern Trust 2035 Inflation-Linked Distributing Ladder ETF) and IYE (iShares U.S. Energy ETF) are both exchange-traded funds - TIPB is a Inflation-Protected Bonds fund actively managed by Northern Trust, while IYE is a Energy Equities fund tracking the Dow Jones U.S. Oil & Gas Index. TIPB is actively managed, while IYE is passively managed. At a correlation of -0.08, they often move in opposite directions.

Performance

TIPB vs. IYE - 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 iShares U.S. Energy ETF (IYE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TIPB achieves a 1.82% return, which is significantly lower than IYE's 31.95% return.

TIPB

• 1D: -0.04%
• 1M: -0.13%
• YTD: 1.82%
• 6M: 1.59%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

IYE

• 1D: 0.03%
• 1M: -1.09%
• YTD: 31.95%
• 6M: 28.91%
• 1Y: 46.86%
• 3Y*: 17.38%
• 5Y*: 19.52%
• 10Y*: 8.76%

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

TIPB vs. IYE - Yearly Performance Comparison

	2026 (YTD)	2025
TIPB Northern Trust 2035 Inflation-Linked Distributing Ladder ETF	1.82%	0.79%
IYE iShares U.S. Energy ETF	31.95%	6.49%

Correlation

The correlation between TIPB and IYE is -0.08, 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	-0.08

Return for Risk

TIPB vs. IYE — Risk / Return Rank

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

IYE

IYE Risk / Return Rank: 69
IYE Sharpe Ratio Rank: 73
IYE Sortino Ratio Rank: 67
IYE Omega Ratio Rank: 64
IYE Calmar Ratio Rank: 78
IYE Martin Ratio Rank: 65

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. IYE - 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 U.S. Energy ETF (IYE). 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	IYE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.37	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.76	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.30	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.32	0.26	+1.06

Drawdowns

TIPB vs. IYE - Drawdown Comparison

The maximum TIPB drawdown since its inception was -1.32%, smaller than the maximum IYE drawdown of -73.74%. Use the drawdown chart below to compare losses from any high point for TIPB and IYE.

Drawdown Indicators

	TIPB	IYE	Difference
Max Drawdown Largest peak-to-trough decline	-1.32%	-73.74%	+72.42%
Max Drawdown (1Y) Largest decline over 1 year	—	-11.92%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-20.37%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-25.61%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-68.59%	—
Current Drawdown Current decline from peak	-0.35%	-5.74%	+5.39%
Average Drawdown Average peak-to-trough decline	-0.37%	-19.36%	+18.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.04%	—

Volatility

Volatility by Period

	TIPB	IYE	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	7.92%	—
Volatility (6M) Calculated over the trailing 6-month period	—	16.06%	—
Volatility (1Y) Calculated over the trailing 1-year period	2.53%	19.96%	-17.43%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.53%	25.71%	-23.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.53%	29.51%	-26.98%

Dividends

TIPB vs. IYE - Dividend Comparison

TIPB's dividend yield for the trailing twelve months is around 3.02%, more than IYE's 2.13% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IYE iShares U.S. Energy ETF	2.13%	2.85%	2.75%	2.99%	3.37%	2.98%	4.75%	6.60%	3.16%	2.66%	2.11%	3.39%
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 IYE in my portfolio?

TIPB and IYE have a correlation of -0.08, 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 IYE?

TIPB has the higher dividend yield at 3.02%, compared with 2.13% for IYE.

What is the main difference between TIPB and IYE?

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