TIPC vs. IBIC
TIPC (Northern Trust 2045 Inflation-Linked Distributing Ladder ETF) and IBIC (iShares iBonds Oct 2026 Term TIPS ETF) are both Inflation-Protected Bonds funds. TIPC is actively managed, while IBIC is passively managed. At a correlation of -0.06, they often move in opposite directions. Both charge a 0.10% expense ratio.
Performance
TIPC vs. IBIC - Performance Comparison
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Returns By Period
In the year-to-date period, TIPC achieves a 0.93% return, which is significantly lower than IBIC's 2.45% return.
TIPC
- 1D
- 0.03%
- 1M
- -0.45%
- 6M
- 1.01%
- YTD
- 0.93%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IBIC
- 1D
- -0.02%
- 1M
- 0.08%
- 6M
- 2.43%
- YTD
- 2.45%
- 1Y
- 4.33%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TIPC vs. IBIC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
TIPC Northern Trust 2045 Inflation-Linked Distributing Ladder ETF | 0.93% | 1.30% |
IBIC iShares iBonds Oct 2026 Term TIPS ETF | 2.45% | 1.20% |
Correlation
The correlation between TIPC and IBIC is -0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Aug 19, 2025 | -0.06 |
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Return for Risk
TIPC vs. IBIC — Risk / Return Rank
TIPC
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
IBIC
TIPC vs. IBIC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Northern Trust 2045 Inflation-Linked Distributing Ladder ETF (TIPC) and iShares iBonds Oct 2026 Term TIPS ETF (IBIC). 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.
| TIPC | IBIC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 2.20 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 16.52 | — |
| Martin ratioReturn relative to average drawdown | — | 56.63 | — |
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Drawdowns
TIPC vs. IBIC - Drawdown Comparison
The maximum TIPC drawdown since its inception was -2.95%, which is greater than IBIC's maximum drawdown of -0.90%. Use the drawdown chart below to compare losses from any high point for TIPC and IBIC.
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Drawdown Indicators
| TIPC | IBIC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -2.95% | -0.90% | -2.05% |
Max Drawdown (1Y)Largest decline over 1 year | — | -0.27% | — |
Current DrawdownCurrent decline from peak | -1.26% | -0.05% | -1.21% |
Average DrawdownAverage peak-to-trough decline | -0.99% | -0.10% | -0.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.08% | — |
Volatility
TIPC vs. IBIC - Volatility Comparison
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Volatility by Period
| TIPC | IBIC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 0.25% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 0.68% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 4.68% | 0.90% | +3.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.68% | 1.56% | +3.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.68% | 1.56% | +3.12% |
TIPC vs. IBIC - Expense Ratio Comparison
Both TIPC and IBIC have an expense ratio of 0.10%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
TIPC vs. IBIC - Dividend Comparison
TIPC's dividend yield for the trailing twelve months is around 4.94%, more than IBIC's 4.63% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
IBIC iShares iBonds Oct 2026 Term TIPS ETF | 4.63% | 4.43% | 4.65% | 0.83% |
TIPC Northern Trust 2045 Inflation-Linked Distributing Ladder ETF | 4.94% | 1.20% | 0.00% | 0.00% |
Frequently Asked Questions
TIPC and IBIC have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.10% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
TIPC and IBIC have the same expense ratio: 0.10% per year.
TIPC has the higher dividend yield at 4.94%, compared with 4.63% for IBIC.
They also come from different issuers: Northern Trust and iShares.
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