TIPB vs. TLTD
TIPB (Northern Trust 2035 Inflation-Linked Distributing Ladder ETF) and TLTD (FlexShares Morningstar Developed Markets ex-US Factor Tilt) are both exchange-traded funds - TIPB is a Inflation-Protected Bonds fund actively managed by Northern Trust, while TLTD is a Global Equities fund tracking the Morningstar Developed Markets ex-US Factor Tilt Index. TIPB is actively managed, while TLTD is passively managed. At a 0.26 correlation, their price movements are largely independent.
Performance
TIPB vs. TLTD - Performance Comparison
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Returns By Period
In the year-to-date period, TIPB achieves a 1.03% return, which is significantly lower than TLTD's 7.09% return.
TIPB
- 1D
- -0.02%
- 1M
- -0.41%
- YTD
- 1.03%
- 6M
- 1.14%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TLTD
- 1D
- -1.68%
- 1M
- -1.28%
- YTD
- 7.09%
- 6M
- 7.21%
- 1Y
- 25.06%
- 3Y*
- 19.69%
- 5Y*
- 9.65%
- 10Y*
- 10.09%
TIPB vs. TLTD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
TIPB Northern Trust 2035 Inflation-Linked Distributing Ladder ETF | 1.03% | 0.79% |
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt | 7.09% | 8.81% |
Correlation
The correlation between TIPB and TLTD is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Aug 19, 2025 | 0.26 |
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Return for Risk
TIPB vs. TLTD — Risk / Return Rank
TIPB
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
TLTD
TIPB vs. TLTD - 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 Morningstar Developed Markets ex-US Factor Tilt (TLTD). 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 | TLTD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.30 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.08 | — |
| Martin ratioReturn relative to average drawdown | — | 7.83 | — |
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Drawdowns
TIPB vs. TLTD - Drawdown Comparison
The maximum TIPB drawdown since its inception was -1.32%, smaller than the maximum TLTD drawdown of -40.62%. Use the drawdown chart below to compare losses from any high point for TIPB and TLTD.
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Drawdown Indicators
| TIPB | TLTD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -1.32% | -40.62% | +39.30% |
Max Drawdown (1Y)Largest decline over 1 year | — | -12.11% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -13.10% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -28.96% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -40.62% | — |
Current DrawdownCurrent decline from peak | -1.12% | -3.58% | +2.46% |
Average DrawdownAverage peak-to-trough decline | -0.38% | -7.66% | +7.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 3.21% | — |
Volatility
TIPB vs. TLTD - Volatility Comparison
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Volatility by Period
| TIPB | TLTD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 4.58% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 12.53% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 2.65% | 14.89% | -12.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.65% | 16.03% | -13.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.65% | 16.58% | -13.93% |
Dividends
TIPB vs. TLTD - Dividend Comparison
TIPB's dividend yield for the trailing twelve months is around 3.04%, less than TLTD's 3.42% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt | 3.42% | 3.44% | 3.88% | 3.39% | 2.76% | 3.44% | 2.04% | 3.46% | 3.16% | 2.71% | 2.93% | 2.56% |
Frequently Asked Questions
TIPB and TLTD have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TLTD has the higher dividend yield at 3.42%, compared with 3.04% for TIPB.
TIPB is categorized as Inflation-Protected Bonds, while TLTD is Global Equities.
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