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TIPX vs. FLHY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between TIPX and FLHY is 0.12, 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.


Performance

TIPX vs. FLHY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR Bloomberg Barclays 1-10 Year TIPS ETF (TIPX) and Franklin Liberty High Yield Corporate ETF (FLHY). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

TIPX:

1.86

FLHY:

1.34

Sortino Ratio

TIPX:

2.69

FLHY:

1.95

Omega Ratio

TIPX:

1.37

FLHY:

1.34

Calmar Ratio

TIPX:

1.47

FLHY:

1.88

Martin Ratio

TIPX:

6.98

FLHY:

9.50

Ulcer Index

TIPX:

0.95%

FLHY:

0.89%

Daily Std Dev

TIPX:

3.47%

FLHY:

6.07%

Max Drawdown

TIPX:

-10.06%

FLHY:

-22.57%

Current Drawdown

TIPX:

-0.78%

FLHY:

0.00%

Returns By Period

In the year-to-date period, TIPX achieves a 3.71% return, which is significantly higher than FLHY's 2.57% return.


TIPX

YTD

3.71%

1M

0.69%

6M

3.74%

1Y

6.40%

5Y*

2.83%

10Y*

2.76%

FLHY

YTD

2.57%

1M

3.43%

6M

2.97%

1Y

8.05%

5Y*

6.55%

10Y*

N/A

*Annualized

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TIPX vs. FLHY - Expense Ratio Comparison

TIPX has a 0.15% expense ratio, which is lower than FLHY's 0.40% expense ratio.


Risk-Adjusted Performance

TIPX vs. FLHY — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TIPX
The Risk-Adjusted Performance Rank of TIPX is 9292
Overall Rank
The Sharpe Ratio Rank of TIPX is 9595
Sharpe Ratio Rank
The Sortino Ratio Rank of TIPX is 9595
Sortino Ratio Rank
The Omega Ratio Rank of TIPX is 9494
Omega Ratio Rank
The Calmar Ratio Rank of TIPX is 8888
Calmar Ratio Rank
The Martin Ratio Rank of TIPX is 8989
Martin Ratio Rank

FLHY
The Risk-Adjusted Performance Rank of FLHY is 9191
Overall Rank
The Sharpe Ratio Rank of FLHY is 8989
Sharpe Ratio Rank
The Sortino Ratio Rank of FLHY is 8989
Sortino Ratio Rank
The Omega Ratio Rank of FLHY is 9292
Omega Ratio Rank
The Calmar Ratio Rank of FLHY is 9393
Calmar Ratio Rank
The Martin Ratio Rank of FLHY is 9393
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

TIPX vs. FLHY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR Bloomberg Barclays 1-10 Year TIPS ETF (TIPX) and Franklin Liberty High Yield Corporate ETF (FLHY). 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.


The current TIPX Sharpe Ratio is 1.86, which is higher than the FLHY Sharpe Ratio of 1.34. The chart below compares the historical Sharpe Ratios of TIPX and FLHY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

TIPX vs. FLHY - Dividend Comparison

TIPX's dividend yield for the trailing twelve months is around 3.38%, less than FLHY's 6.58% yield.


TTM20242023202220212020201920182017201620152014
TIPX
SPDR Bloomberg Barclays 1-10 Year TIPS ETF
3.38%3.57%3.57%6.08%4.26%1.73%2.52%1.90%2.84%1.04%0.06%1.52%
FLHY
Franklin Liberty High Yield Corporate ETF
6.58%6.51%6.26%6.54%5.51%5.47%5.05%4.27%0.00%0.00%0.00%0.00%

Drawdowns

TIPX vs. FLHY - Drawdown Comparison

The maximum TIPX drawdown since its inception was -10.06%, smaller than the maximum FLHY drawdown of -22.57%. Use the drawdown chart below to compare losses from any high point for TIPX and FLHY. For additional features, visit the drawdowns tool.


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Volatility

TIPX vs. FLHY - Volatility Comparison

The current volatility for SPDR Bloomberg Barclays 1-10 Year TIPS ETF (TIPX) is 1.30%, while Franklin Liberty High Yield Corporate ETF (FLHY) has a volatility of 1.56%. This indicates that TIPX experiences smaller price fluctuations and is considered to be less risky than FLHY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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