TIPD vs. HYGV
TIPD (Northern Trust 2055 Inflation-Linked Distributing Ladder ETF) and HYGV (FlexShares High Yield Value-Scored US Bond Index Fund) are both exchange-traded funds - TIPD is a Inflation-Protected Bonds fund actively managed by Northern Trust, while HYGV is a High Yield Bonds fund tracking the Northern Trust High Yield Value-Scored US Corporate Bond Index. TIPD is actively managed, while HYGV is passively managed. A 0.51 correlation means they provide meaningful diversification when combined. TIPD charges 0.10%/yr vs 0.37%/yr for HYGV.
Performance
TIPD vs. HYGV - Performance Comparison
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Returns By Period
In the year-to-date period, TIPD achieves a 0.74% return, which is significantly lower than HYGV's 2.18% return.
TIPD
- 1D
- 0.01%
- 1M
- -0.43%
- 6M
- 0.84%
- YTD
- 0.74%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
HYGV
- 1D
- 0.21%
- 1M
- 0.75%
- 6M
- 2.06%
- YTD
- 2.18%
- 1Y
- 5.71%
- 3Y*
- 8.29%
- 5Y*
- 3.36%
- 10Y*
- —
TIPD vs. HYGV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
TIPD Northern Trust 2055 Inflation-Linked Distributing Ladder ETF | 0.74% | 1.97% |
HYGV FlexShares High Yield Value-Scored US Bond Index Fund | 2.18% | 2.96% |
Correlation
The correlation between TIPD and HYGV is 0.51, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Aug 19, 2025 | 0.51 |
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Return for Risk
TIPD vs. HYGV — Risk / Return Rank
TIPD
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
HYGV
TIPD vs. HYGV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Northern Trust 2055 Inflation-Linked Distributing Ladder ETF (TIPD) and FlexShares High Yield Value-Scored US Bond Index Fund (HYGV). 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.
| TIPD | HYGV | 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 | — | 2.17 | — |
| Martin ratioReturn relative to average drawdown | — | 9.31 | — |
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Drawdowns
TIPD vs. HYGV - Drawdown Comparison
The maximum TIPD drawdown since its inception was -4.01%, smaller than the maximum HYGV drawdown of -23.47%. Use the drawdown chart below to compare losses from any high point for TIPD and HYGV.
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Drawdown Indicators
| TIPD | HYGV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -4.01% | -23.47% | +19.46% |
Max Drawdown (1Y)Largest decline over 1 year | — | -2.68% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -5.56% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -17.12% | — |
Current DrawdownCurrent decline from peak | -2.01% | 0.00% | -2.01% |
Average DrawdownAverage peak-to-trough decline | -1.56% | -3.29% | +1.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.62% | — |
Volatility
TIPD vs. HYGV - Volatility Comparison
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Volatility by Period
| TIPD | HYGV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 0.99% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 3.09% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 6.17% | 3.86% | +2.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.17% | 7.60% | -1.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.17% | 9.16% | -2.99% |
TIPD vs. HYGV - Expense Ratio Comparison
TIPD has a 0.10% expense ratio, which is lower than HYGV's 0.37% expense ratio.
Dividends
TIPD vs. HYGV - Dividend Comparison
TIPD's dividend yield for the trailing twelve months is around 6.83%, less than HYGV's 7.37% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
HYGV FlexShares High Yield Value-Scored US Bond Index Fund | 7.37% | 7.48% | 8.20% | 8.77% | 7.64% | 6.07% | 6.18% | 7.95% | 5.63% |
TIPD Northern Trust 2055 Inflation-Linked Distributing Ladder ETF | 6.83% | 1.87% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
TIPD and HYGV have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, TIPD is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
TIPD is cheaper with a 0.10% expense ratio, compared with 0.37% for HYGV.
HYGV has the higher dividend yield at 7.37%, compared with 6.83% for TIPD.
TIPD is categorized as Inflation-Protected Bonds, while HYGV is High Yield Bonds. Their fees differ too: 0.10% for TIPD and 0.37% for HYGV.
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