TIPB vs. STIP

Last updated Jun 3, 2026

TIPB (Northern Trust 2035 Inflation-Linked Distributing Ladder ETF) and STIP (iShares 0-5 Year TIPS Bond ETF) are both Inflation-Protected Bonds funds. TIPB is actively managed, while STIP is passively managed. Their correlation of 0.85 suggests significant overlap in exposure.

Performance

TIPB vs. STIP - 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 0-5 Year TIPS Bond ETF (STIP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with TIPB having a 1.99% return and STIP slightly higher at 2.04%.

TIPB

• 1D: -0.02%
• 1M: -0.10%
• YTD: 1.99%
• 6M: 1.66%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

STIP

• 1D: 0.00%
• 1M: 0.03%
• YTD: 2.04%
• 6M: 2.03%
• 1Y: 4.68%
• 3Y*: 5.23%
• 5Y*: 3.37%
• 10Y*: 3.18%

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

TIPB vs. STIP - Yearly Performance Comparison

	2026 (YTD)	2025
TIPB Northern Trust 2035 Inflation-Linked Distributing Ladder ETF	1.99%	0.79%
STIP iShares 0-5 Year TIPS Bond ETF	2.04%	1.06%

Correlation

The correlation between TIPB and STIP is 0.85, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Aug 20, 2025	0.85

Return for Risk

TIPB vs. STIP — Risk / Return Rank

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

STIP

STIP Risk / Return Rank: 93
STIP Sharpe Ratio Rank: 91
STIP Sortino Ratio Rank: 96
STIP Omega Ratio Rank: 94
STIP Calmar Ratio Rank: 93
STIP Martin Ratio Rank: 94

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. STIP - 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 0-5 Year TIPS Bond ETF (STIP). 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	STIP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	3.23	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.23	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	1.30	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.42	1.07	+0.35

Drawdowns

TIPB vs. STIP - Drawdown Comparison

The maximum TIPB drawdown since its inception was -1.32%, smaller than the maximum STIP drawdown of -5.50%. Use the drawdown chart below to compare losses from any high point for TIPB and STIP.

Drawdown Indicators

	TIPB	STIP	Difference
Max Drawdown Largest peak-to-trough decline	-1.32%	-5.50%	+4.18%
Max Drawdown (1Y) Largest decline over 1 year	—	-0.69%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-0.95%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-5.50%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-5.50%	—
Current Drawdown Current decline from peak	-0.19%	-0.03%	-0.16%
Average Drawdown Average peak-to-trough decline	-0.37%	-0.99%	+0.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.18%	—

Volatility

Volatility by Period

	TIPB	STIP	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.40%	—
Volatility (6M) Calculated over the trailing 6-month period	—	0.99%	—
Volatility (1Y) Calculated over the trailing 1-year period	2.54%	1.46%	+1.08%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.54%	2.75%	-0.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.54%	2.45%	+0.09%

Dividends

TIPB vs. STIP - Dividend Comparison

TIPB's dividend yield for the trailing twelve months is around 3.02%, less than STIP's 4.30% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
STIP iShares 0-5 Year TIPS Bond ETF	4.30%	4.11%	2.62%	2.84%	6.04%	4.15%	1.40%	2.06%	2.44%	1.59%	0.89%
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%

Frequently Asked Questions

Can I hold both TIPB and STIP in my portfolio?

TIPB and STIP have a correlation of 0.85, 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 STIP?

STIP has the higher dividend yield at 4.30%, compared with 3.02% for TIPB.

What is the main difference between TIPB and STIP?

They also come from different issuers: Northern Trust and iShares.