Correlation
The correlation between TIPT and IAK is 0.32, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
TIPT vs. IAK
Compare and contrast key facts about Tiptree Inc. (TIPT) and iShares U.S. Insurance ETF (IAK).
IAK is a passively managed fund by iShares that tracks the performance of the Dow Jones U.S. Select Insurance Index. It was launched on May 5, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TIPT or IAK.
Performance
TIPT vs. IAK - Performance Comparison
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Key characteristics
TIPT:
0.94
IAK:
1.03
TIPT:
1.40
IAK:
1.51
TIPT:
1.19
IAK:
1.21
TIPT:
1.35
IAK:
1.85
TIPT:
3.88
IAK:
5.00
TIPT:
7.97%
IAK:
4.27%
TIPT:
33.99%
IAK:
19.97%
TIPT:
-68.75%
IAK:
-77.38%
TIPT:
-10.99%
IAK:
-1.59%
Returns By Period
In the year-to-date period, TIPT achieves a 6.90% return, which is significantly lower than IAK's 8.36% return. Over the past 10 years, TIPT has outperformed IAK with an annualized return of 14.75%, while IAK has yielded a comparatively lower 12.70% annualized return.
TIPT
6.90%
7.50%
-1.00%
29.83%
29.10%
31.69%
14.75%
IAK
8.36%
3.96%
-0.25%
18.63%
17.44%
22.69%
12.70%
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Risk-Adjusted Performance
TIPT vs. IAK — Risk-Adjusted Performance Rank
TIPT
IAK
TIPT vs. IAK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Tiptree Inc. (TIPT) and iShares U.S. Insurance ETF (IAK). 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.
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Dividends
TIPT vs. IAK - Dividend Comparison
TIPT's dividend yield for the trailing twelve months is around 2.21%, more than IAK's 1.65% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TIPT Tiptree Inc. | 2.21% | 2.35% | 1.05% | 1.16% | 1.16% | 3.19% | 1.90% | 2.42% | 2.02% | 1.63% | 1.63% | 0.00% |
IAK iShares U.S. Insurance ETF | 1.65% | 1.49% | 1.44% | 1.69% | 2.26% | 2.07% | 1.84% | 2.33% | 1.62% | 1.68% | 1.62% | 1.57% |
Drawdowns
TIPT vs. IAK - Drawdown Comparison
The maximum TIPT drawdown since its inception was -68.75%, smaller than the maximum IAK drawdown of -77.38%. Use the drawdown chart below to compare losses from any high point for TIPT and IAK.
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Volatility
TIPT vs. IAK - Volatility Comparison
Tiptree Inc. (TIPT) has a higher volatility of 9.29% compared to iShares U.S. Insurance ETF (IAK) at 5.00%. This indicates that TIPT's price experiences larger fluctuations and is considered to be riskier than IAK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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