TIPB vs. TDTT

Last updated Jun 4, 2026

TIPB (Northern Trust 2035 Inflation-Linked Distributing Ladder ETF) and TDTT (FlexShares iBoxx 3-Year Target Duration TIPS Index Fund) are both Inflation-Protected Bonds funds from Northern Trust. TIPB is actively managed, while TDTT is passively managed. Their correlation of 0.82 suggests significant overlap in exposure.

Performance

TIPB vs. TDTT - 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 iBoxx 3-Year Target Duration TIPS Index Fund (TDTT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with TIPB having a 1.86% return and TDTT slightly lower at 1.81%.

TIPB

• 1D: -0.12%
• 1M: -0.22%
• YTD: 1.86%
• 6M: 1.53%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TDTT

• 1D: 0.00%
• 1M: -0.06%
• YTD: 1.81%
• 6M: 1.77%
• 1Y: 4.65%
• 3Y*: 5.00%
• 5Y*: 2.85%
• 10Y*: 3.11%

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

TIPB vs. TDTT - Yearly Performance Comparison

	2026 (YTD)	2025
TIPB Northern Trust 2035 Inflation-Linked Distributing Ladder ETF	1.86%	0.79%
TDTT FlexShares iBoxx 3-Year Target Duration TIPS Index Fund	1.81%	0.97%

Correlation

The correlation between TIPB and TDTT is 0.82, 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	0.82

Return for Risk

TIPB vs. TDTT — Risk / Return Rank

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

TDTT

TDTT Risk / Return Rank: 84
TDTT Sharpe Ratio Rank: 78
TDTT Sortino Ratio Rank: 90
TDTT Omega Ratio Rank: 84
TDTT Calmar Ratio Rank: 88
TDTT Martin Ratio Rank: 82

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. TDTT - 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 iBoxx 3-Year Target Duration TIPS Index Fund (TDTT). 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	TDTT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.54	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.78	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.92	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.35	0.69	+0.65

Drawdowns

TIPB vs. TDTT - Drawdown Comparison

The maximum TIPB drawdown since its inception was -1.32%, smaller than the maximum TDTT drawdown of -6.97%. Use the drawdown chart below to compare losses from any high point for TIPB and TDTT.

Drawdown Indicators

	TIPB	TDTT	Difference
Max Drawdown Largest peak-to-trough decline	-1.32%	-6.97%	+5.65%
Max Drawdown (1Y) Largest decline over 1 year	—	-0.90%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-1.53%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-6.97%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-6.97%	—
Current Drawdown Current decline from peak	-0.31%	-0.14%	-0.17%
Average Drawdown Average peak-to-trough decline	-0.37%	-1.60%	+1.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.28%	—

Volatility

Volatility by Period

	TIPB	TDTT	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.46%	—
Volatility (6M) Calculated over the trailing 6-month period	—	1.21%	—
Volatility (1Y) Calculated over the trailing 1-year period	2.54%	1.85%	+0.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.54%	3.67%	-1.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.54%	3.38%	-0.84%

Dividends

TIPB vs. TDTT - Dividend Comparison

TIPB's dividend yield for the trailing twelve months is around 3.02%, less than TDTT's 4.54% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
TDTT FlexShares iBoxx 3-Year Target Duration TIPS Index Fund	4.54%	4.52%	4.01%	3.88%	6.97%	4.53%	1.15%	1.91%	2.48%	1.88%	1.01%
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 TDTT in my portfolio?

TIPB and TDTT have a correlation of 0.82, 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 TDTT?

TDTT has the higher dividend yield at 4.54%, compared with 3.02% for TIPB.