TIPC vs. IQDF
TIPC (Northern Trust 2045 Inflation-Linked Distributing Ladder ETF) and IQDF (FlexShares International Quality Dividend Index Fund) are both exchange-traded funds - TIPC is a Inflation-Protected Bonds fund actively managed by Northern Trust, while IQDF is a Foreign Large Cap Equities fund tracking the Northern Trust International Quality Dividend Index. TIPC is actively managed, while IQDF is passively managed. At a 0.34 correlation, their price movements are largely independent. TIPC charges 0.10%/yr vs 0.47%/yr for IQDF.
Performance
TIPC vs. IQDF - 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 IQDF's 14.58% return.
TIPC
- 1D
- 0.03%
- 1M
- -0.45%
- 6M
- 1.01%
- YTD
- 0.93%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IQDF
- 1D
- 0.53%
- 1M
- -0.69%
- 6M
- 12.76%
- YTD
- 14.58%
- 1Y
- 29.10%
- 3Y*
- 21.72%
- 5Y*
- 10.74%
- 10Y*
- 9.60%
TIPC vs. IQDF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
TIPC Northern Trust 2045 Inflation-Linked Distributing Ladder ETF | 0.93% | 1.30% |
IQDF FlexShares International Quality Dividend Index Fund | 14.58% | 8.95% |
Correlation
The correlation between TIPC and IQDF is 0.34, 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 | 0.34 |
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Return for Risk
TIPC vs. IQDF — Risk / Return Rank
TIPC
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
IQDF
TIPC vs. IQDF - 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 FlexShares International Quality Dividend Index Fund (IQDF). 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 | IQDF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.34 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.98 | — |
| Martin ratioReturn relative to average drawdown | — | 11.22 | — |
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Drawdowns
TIPC vs. IQDF - Drawdown Comparison
The maximum TIPC drawdown since its inception was -2.95%, smaller than the maximum IQDF drawdown of -39.83%. Use the drawdown chart below to compare losses from any high point for TIPC and IQDF.
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Drawdown Indicators
| TIPC | IQDF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -2.95% | -39.83% | +36.88% |
Max Drawdown (1Y)Largest decline over 1 year | — | -10.03% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -13.92% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -29.31% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -39.83% | — |
Current DrawdownCurrent decline from peak | -1.26% | -2.53% | +1.27% |
Average DrawdownAverage peak-to-trough decline | -0.99% | -9.29% | +8.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.66% | — |
Volatility
TIPC vs. IQDF - Volatility Comparison
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Volatility by Period
| TIPC | IQDF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 6.75% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 13.68% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 4.68% | 15.53% | -10.85% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.68% | 15.72% | -11.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.68% | 16.47% | -11.79% |
TIPC vs. IQDF - Expense Ratio Comparison
TIPC has a 0.10% expense ratio, which is lower than IQDF's 0.47% expense ratio.
Dividends
TIPC vs. IQDF - Dividend Comparison
TIPC's dividend yield for the trailing twelve months is around 4.94%, more than IQDF's 3.05% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IQDF FlexShares International Quality Dividend Index Fund | 3.05% | 3.27% | 6.72% | 6.06% | 5.59% | 4.13% | 3.31% | 4.46% | 5.78% | 3.89% | 3.75% | 4.27% |
TIPC Northern Trust 2045 Inflation-Linked Distributing Ladder ETF | 4.94% | 1.20% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
TIPC and IQDF have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, TIPC is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
TIPC is cheaper with a 0.10% expense ratio, compared with 0.47% for IQDF.
TIPC has the higher dividend yield at 4.94%, compared with 3.05% for IQDF.
TIPC is categorized as Inflation-Protected Bonds, while IQDF is Foreign Large Cap Equities. Their fees differ too: 0.10% for TIPC and 0.47% for IQDF.
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