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. Their 0.27 correlation means their historical movements had little consistent relationship. TIPB charges 0.10%/yr vs 0.39%/yr for TLTD.
Performance
TIPB vs. TLTD - Performance Comparison
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Returns By Period
In the year-to-date period, TIPB achieves a 1.32% return, which is significantly lower than TLTD's 10.80% return.
TIPB
- 1D
- -0.11%
- 1M
- -0.15%
- 6M
- 0.74%
- YTD
- 1.32%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
TLTD
- 1D
- -0.59%
- 1M
- 2.12%
- 6M
- 5.39%
- YTD
- 10.80%
- 1Y
- 26.67%
- 3Y*
- 19.08%
- 5Y*
- 10.51%
- 10Y*
- 9.85%
- ALL TIME*
- 8.36%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $2.11K | $9.22K | $33.66K | |
| $485.65K | $693.91K | $796.76K |
TIPB vs. TLTD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
TIPB Northern Trust 2035 Inflation-Linked Distributing Ladder ETF | 1.32% | 0.79% |
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt | 10.80% | 8.81% |
Correlation
The correlation between TIPB and TLTD is 0.27, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Aug 19, 2025 | 0.27 |
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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 | — | 1.32 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.21 | — |
| Martin ratioReturn relative to average drawdown | — | 8.20 | — |
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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 | -0.85% | -0.59% | -0.26% |
Average DrawdownAverage peak-to-trough decline | -0.42% | -7.62% | +7.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 3.26% | — |
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 | — | 4.17% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 12.73% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 2.60% | 14.89% | -12.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.60% | 16.01% | -13.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.60% | 16.53% | -13.93% |
TIPB vs. TLTD - Expense Ratio Comparison
TIPB has a 0.10% expense ratio, which is lower than TLTD's 0.39% expense ratio.
Dividends
TIPB vs. TLTD - Dividend Comparison
TIPB's dividend yield for the trailing twelve months is around 4.16%, more than TLTD's 3.30% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TIPB Northern Trust 2035 Inflation-Linked Distributing Ladder ETF | 4.16% | 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 | 3.30% | 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 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, TIPB is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
TIPB is cheaper with a 0.10% expense ratio, compared with 0.39% for TLTD.
TIPB has the higher dividend yield at 4.16%, compared with 3.30% for TLTD.
TIPB is categorized as Inflation-Protected Bonds, while TLTD is Global Equities. Their fees differ too: 0.10% for TIPB and 0.39% for TLTD.
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