TIPB vs. SKOR

Last updated Jun 25, 2026

TIPB (Northern Trust 2035 Inflation-Linked Distributing Ladder ETF) and SKOR (FlexShares Credit-Scored US Corporate Bond Index Fund) are both exchange-traded funds - TIPB is a Inflation-Protected Bonds fund actively managed by Northern Trust, while SKOR is a Corporate Bonds fund tracking the NorthernTrustUS Corporate Bond Quality Value Index. TIPB is actively managed, while SKOR is passively managed. A 0.73 correlation means they provide meaningful diversification when combined.

Performance

TIPB vs. SKOR - 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 FlexShares Credit-Scored US Corporate Bond Index Fund (SKOR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TIPB achieves a 1.25% return, which is significantly higher than SKOR's 0.67% return.

TIPB

• 1D: 0.21%
• 1M: -0.20%
• YTD: 1.25%
• 6M: 1.21%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SKOR

• 1D: 0.22%
• 1M: 0.70%
• YTD: 0.67%
• 6M: 0.67%
• 1Y: 4.51%
• 3Y*: 6.06%
• 5Y*: 1.84%
• 10Y*: 2.84%

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

TIPB vs. SKOR - Yearly Performance Comparison

	2026 (YTD)	2025
TIPB Northern Trust 2035 Inflation-Linked Distributing Ladder ETF	1.25%	0.79%
SKOR FlexShares Credit-Scored US Corporate Bond Index Fund	0.67%	2.55%

Correlation

The correlation between TIPB and SKOR is 0.73, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Aug 19, 2025	0.73

Return for Risk

TIPB vs. SKOR — Risk / Return Rank

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

TIPB

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

SKOR

SKOR Risk / Return Rank: 54
SKOR Sharpe Ratio Rank: 55
SKOR Sortino Ratio Rank: 59
SKOR Omega Ratio Rank: 55
SKOR Calmar Ratio Rank: 49
SKOR Martin Ratio Rank: 49

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. SKOR - 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 FlexShares Credit-Scored US Corporate Bond Index Fund (SKOR). 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	SKOR	Difference
Sharpe ratio: Return per unit of total volatility	—	1.67	—
Sortino ratio: Return per unit of downside risk	—	2.49	—
Omega ratio: Gain probability vs. loss probability	—	1.31	—
Calmar ratio: Return relative to maximum drawdown	—	2.17	—
Martin ratio: Return relative to average drawdown	—	7.45	—

Drawdowns

TIPB vs. SKOR - Drawdown Comparison

The maximum TIPB drawdown since its inception was -1.32%, smaller than the maximum SKOR drawdown of -15.98%. Use the drawdown chart below to compare losses from any high point for TIPB and SKOR.

Drawdown Indicators

	TIPB	SKOR	Difference
Max Drawdown Largest peak-to-trough decline	-1.32%	-15.98%	+14.66%
Max Drawdown (1Y) Largest decline over 1 year	—	-2.09%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-3.11%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-15.13%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-15.98%	—
Current Drawdown Current decline from peak	-0.91%	-0.45%	-0.46%
Average Drawdown Average peak-to-trough decline	-0.39%	-2.64%	+2.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.61%	—

Volatility

Volatility by Period

	TIPB	SKOR	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.86%	—
Volatility (6M) Calculated over the trailing 6-month period	—	2.08%	—
Volatility (1Y) Calculated over the trailing 1-year period	2.65%	2.72%	-0.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.65%	4.43%	-1.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.65%	4.90%	-2.25%

Dividends

TIPB vs. SKOR - Dividend Comparison

TIPB's dividend yield for the trailing twelve months is around 3.04%, less than SKOR's 4.65% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SKOR FlexShares Credit-Scored US Corporate Bond Index Fund	4.65%	4.70%	4.90%	3.90%	2.57%	2.55%	3.38%	3.53%	2.85%	2.46%	2.74%	2.25%
TIPB Northern Trust 2035 Inflation-Linked Distributing Ladder ETF	3.04%	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 SKOR in my portfolio?

TIPB and SKOR have a correlation of 0.73, 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 SKOR?

SKOR has the higher dividend yield at 4.65%, compared with 3.04% for TIPB.

What is the main difference between TIPB and SKOR?

TIPB is categorized as Inflation-Protected Bonds, while SKOR is Corporate Bonds.