TIPC vs. SKOR
TIPC (Northern Trust 2045 Inflation-Linked Distributing Ladder ETF) and SKOR (FlexShares Credit-Scored US Corporate Bond Index Fund) are both exchange-traded funds - TIPC is a Inflation-Protected Bonds fund actively managed by Northern Trust, while SKOR is a Corporate Bonds fund tracking the NorthernTrustUS Corporate Bond Quality Value Index. TIPC is actively managed, while SKOR is passively managed. Their correlation of 0.82 suggests significant overlap in exposure. TIPC charges 0.10%/yr vs 0.22%/yr for SKOR.
Performance
TIPC vs. SKOR - Performance Comparison
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Returns By Period
In the year-to-date period, TIPC achieves a 0.75% return, which is significantly higher than SKOR's 0.52% return.
TIPC
- 1D
- 0.38%
- 1M
- -0.06%
- 6M
- 0.59%
- YTD
- 0.75%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SKOR
- 1D
- 0.04%
- 1M
- 0.19%
- 6M
- 0.49%
- YTD
- 0.52%
- 1Y
- 4.27%
- 3Y*
- 5.77%
- 5Y*
- 1.69%
- 10Y*
- 2.82%
TIPC vs. SKOR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
TIPC Northern Trust 2045 Inflation-Linked Distributing Ladder ETF | 0.75% | 1.30% |
SKOR FlexShares Credit-Scored US Corporate Bond Index Fund | 0.52% | 2.55% |
Correlation
The correlation between TIPC and SKOR 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 19, 2025 | 0.82 |
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Return for Risk
TIPC vs. SKOR — Risk / Return Rank
TIPC
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
SKOR
TIPC vs. SKOR - 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 Credit-Scored US Corporate Bond Index Fund (SKOR). 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 | SKOR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.29 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.06 | — |
| Martin ratioReturn relative to average drawdown | — | 6.92 | — |
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Drawdowns
TIPC vs. SKOR - Drawdown Comparison
The maximum TIPC drawdown since its inception was -2.95%, smaller than the maximum SKOR drawdown of -15.98%. Use the drawdown chart below to compare losses from any high point for TIPC and SKOR.
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Drawdown Indicators
| TIPC | SKOR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -2.95% | -15.98% | +13.03% |
Max Drawdown (1Y)Largest decline over 1 year | — | -2.09% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -3.09% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -15.13% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -15.98% | — |
Current DrawdownCurrent decline from peak | -1.43% | -0.59% | -0.84% |
Average DrawdownAverage peak-to-trough decline | -1.02% | -2.63% | +1.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.62% | — |
Volatility
TIPC vs. SKOR - Volatility Comparison
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Volatility by Period
| TIPC | SKOR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 0.80% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 2.13% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 4.63% | 2.71% | +1.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.63% | 4.43% | +0.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.63% | 4.90% | -0.27% |
TIPC vs. SKOR - Expense Ratio Comparison
TIPC has a 0.10% expense ratio, which is lower than SKOR's 0.22% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
TIPC vs. SKOR - Dividend Comparison
TIPC's dividend yield for the trailing twelve months is around 4.95%, more than SKOR's 4.69% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SKOR FlexShares Credit-Scored US Corporate Bond Index Fund | 4.69% | 4.70% | 4.90% | 3.90% | 2.57% | 2.55% | 3.38% | 3.53% | 2.85% | 2.46% | 2.74% | 2.25% |
TIPC Northern Trust 2045 Inflation-Linked Distributing Ladder ETF | 4.95% | 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 SKOR 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.
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 0.22% for SKOR.
TIPC has the higher dividend yield at 4.95%, compared with 4.69% for SKOR.
TIPC is categorized as Inflation-Protected Bonds, while SKOR is Corporate Bonds. Their fees differ too: 0.10% for TIPC and 0.22% for SKOR.
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