TIPD vs. WIP
TIPD (Northern Trust 2055 Inflation-Linked Distributing Ladder ETF) and WIP (SPDR FTSE International Government Inflation-Protected Bond ETF) are both Inflation-Protected Bonds funds. TIPD is actively managed, while WIP is passively managed. At a 0.49 correlation, their price movements are largely independent. TIPD charges 0.10%/yr vs 0.50%/yr for WIP.
Performance
TIPD vs. WIP - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, TIPD achieves a -0.94% return, which is significantly lower than WIP's 1.55% return.
TIPD
- 1D
- -0.41%
- 1M
- -1.47%
- 6M
- -1.21%
- YTD
- -0.94%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
WIP
- 1D
- -0.77%
- 1M
- -0.68%
- 6M
- -0.74%
- YTD
- 1.55%
- 1Y
- 4.38%
- 3Y*
- 3.16%
- 5Y*
- -0.95%
- 10Y*
- 1.33%
- ALL TIME*
- 1.11%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $20.92K | $17.52K | $11.98K | |
| $1.46M | $2.62M | $4.69M |
TIPD vs. WIP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
TIPD Northern Trust 2055 Inflation-Linked Distributing Ladder ETF | -0.94% | 1.97% |
WIP SPDR FTSE International Government Inflation-Protected Bond ETF | 1.55% | 4.62% |
Correlation
The correlation between TIPD and WIP is 0.49, 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 | 0.49 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
TIPD vs. WIP — Risk / Return Rank
TIPD
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
WIP
TIPD vs. WIP - 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 SPDR FTSE International Government Inflation-Protected Bond ETF (WIP). 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 | WIP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.09 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 0.85 | — |
| Martin ratioReturn relative to average drawdown | — | 2.70 | — |
Loading charts...
Drawdowns
TIPD vs. WIP - Drawdown Comparison
The maximum TIPD drawdown since its inception was -4.01%, smaller than the maximum WIP drawdown of -29.60%. Use the drawdown chart below to compare losses from any high point for TIPD and WIP.
Loading charts...
Drawdown Indicators
| TIPD | WIP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -4.01% | -29.60% | +25.59% |
Max Drawdown (1Y)Largest decline over 1 year | — | -5.16% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -11.16% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -28.66% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -28.84% | — |
Current DrawdownCurrent decline from peak | -3.64% | -6.40% | +2.76% |
Average DrawdownAverage peak-to-trough decline | -1.63% | -8.56% | +6.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.69% | — |
Volatility
TIPD vs. WIP - Volatility Comparison
Loading charts...
Volatility by Period
| TIPD | WIP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 1.94% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 7.12% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 6.10% | 8.63% | -2.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.10% | 11.45% | -5.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.10% | 10.14% | -4.04% |
TIPD vs. WIP - Expense Ratio Comparison
TIPD has a 0.10% expense ratio, which is lower than WIP's 0.50% expense ratio.
Dividends
TIPD vs. WIP - Dividend Comparison
TIPD's dividend yield for the trailing twelve months is around 6.95%, more than WIP's 6.08% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TIPD Northern Trust 2055 Inflation-Linked Distributing Ladder ETF | 6.95% | 1.87% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
WIP SPDR FTSE International Government Inflation-Protected Bond ETF | 6.08% | 5.51% | 6.06% | 6.54% | 11.15% | 4.63% | 1.59% | 2.49% | 4.05% | 1.91% | 1.27% | 1.14% |
Frequently Asked Questions
TIPD and WIP have a correlation of 0.49, 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 0.50% for WIP.
TIPD has the higher dividend yield at 6.95%, compared with 6.08% for WIP.
They also come from different issuers: Northern Trust and State Street. Their fees differ too: 0.10% for TIPD and 0.50% for WIP.
Find the right allocation for TIPD and WIP
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer