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

Correlation

The correlation between TIPX and LTPZ is 0.62, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.00.6

Performance

TIPX vs. LTPZ - 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 PIMCO 15+ Year US TIPS Index ETF (LTPZ). The values are adjusted to include any dividend payments, if applicable.

10.00%15.00%20.00%25.00%JulyAugustSeptemberOctoberNovemberDecember
23.09%
11.08%
TIPX
LTPZ

Key characteristics

Sharpe Ratio

TIPX:

0.85

LTPZ:

-0.46

Sortino Ratio

TIPX:

1.21

LTPZ:

-0.55

Omega Ratio

TIPX:

1.15

LTPZ:

0.94

Calmar Ratio

TIPX:

0.51

LTPZ:

-0.15

Martin Ratio

TIPX:

3.44

LTPZ:

-1.20

Ulcer Index

TIPX:

0.82%

LTPZ:

4.73%

Daily Std Dev

TIPX:

3.29%

LTPZ:

12.39%

Max Drawdown

TIPX:

-10.06%

LTPZ:

-40.99%

Current Drawdown

TIPX:

-2.16%

LTPZ:

-35.25%

Returns By Period

In the year-to-date period, TIPX achieves a 2.81% return, which is significantly higher than LTPZ's -4.30% return. Over the past 10 years, TIPX has outperformed LTPZ with an annualized return of 2.53%, while LTPZ has yielded a comparatively lower 0.68% annualized return.


TIPX

YTD

2.81%

1M

-0.51%

6M

1.42%

1Y

3.20%

5Y*

2.62%

10Y*

2.53%

LTPZ

YTD

-4.30%

1M

-2.66%

6M

-3.47%

1Y

-4.97%

5Y*

-2.69%

10Y*

0.68%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


TIPX vs. LTPZ - Expense Ratio Comparison

TIPX has a 0.15% expense ratio, which is lower than LTPZ's 0.20% 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%.


LTPZ
PIMCO 15+ Year US TIPS Index ETF
Expense ratio chart for LTPZ: current value at 0.20% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.20%
Expense ratio chart for TIPX: current value at 0.15% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.15%

Risk-Adjusted Performance

TIPX vs. LTPZ - 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 PIMCO 15+ Year US TIPS Index ETF (LTPZ). 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.


Sharpe ratio
The chart of Sharpe ratio for TIPX, currently valued at 0.85, compared to the broader market0.002.004.000.85-0.46
The chart of Sortino ratio for TIPX, currently valued at 1.21, compared to the broader market-2.000.002.004.006.008.0010.001.21-0.55
The chart of Omega ratio for TIPX, currently valued at 1.15, compared to the broader market0.501.001.502.002.503.001.150.94
The chart of Calmar ratio for TIPX, currently valued at 0.51, compared to the broader market0.005.0010.0015.000.51-0.15
The chart of Martin ratio for TIPX, currently valued at 3.44, compared to the broader market0.0020.0040.0060.0080.00100.003.44-1.20
TIPX
LTPZ

The current TIPX Sharpe Ratio is 0.85, which is higher than the LTPZ Sharpe Ratio of -0.46. The chart below compares the historical Sharpe Ratios of TIPX and LTPZ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
0.85
-0.46
TIPX
LTPZ

Dividends

TIPX vs. LTPZ - Dividend Comparison

TIPX's dividend yield for the trailing twelve months is around 3.58%, more than LTPZ's 3.49% yield.


TTM20232022202120202019201820172016201520142013
TIPX
SPDR Bloomberg Barclays 1-10 Year TIPS ETF
3.58%3.57%6.07%4.26%1.73%2.53%1.90%2.85%1.04%0.06%1.52%0.25%
LTPZ
PIMCO 15+ Year US TIPS Index ETF
3.49%3.71%8.38%3.56%1.42%1.74%3.80%2.25%2.32%0.71%1.77%1.28%

Drawdowns

TIPX vs. LTPZ - Drawdown Comparison

The maximum TIPX drawdown since its inception was -10.06%, smaller than the maximum LTPZ drawdown of -40.99%. Use the drawdown chart below to compare losses from any high point for TIPX and LTPZ. For additional features, visit the drawdowns tool.


-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-2.16%
-35.25%
TIPX
LTPZ

Volatility

TIPX vs. LTPZ - Volatility Comparison

The current volatility for SPDR Bloomberg Barclays 1-10 Year TIPS ETF (TIPX) is 0.95%, while PIMCO 15+ Year US TIPS Index ETF (LTPZ) has a volatility of 3.46%. This indicates that TIPX experiences smaller price fluctuations and is considered to be less risky than LTPZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%2.00%3.00%4.00%JulyAugustSeptemberOctoberNovemberDecember
0.95%
3.46%
TIPX
LTPZ
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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