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

Correlation

The correlation between TIPX and TIPZ is 0.72, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.00.7

Performance

TIPX vs. TIPZ - 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 Broad US TIPS Index ETF (TIPZ). The values are adjusted to include any dividend payments, if applicable.

20.00%21.00%22.00%23.00%24.00%25.00%26.00%JulyAugustSeptemberOctoberNovemberDecember
23.09%
21.06%
TIPX
TIPZ

Key characteristics

Sharpe Ratio

TIPX:

0.85

TIPZ:

0.35

Sortino Ratio

TIPX:

1.21

TIPZ:

0.51

Omega Ratio

TIPX:

1.15

TIPZ:

1.06

Calmar Ratio

TIPX:

0.51

TIPZ:

0.15

Martin Ratio

TIPX:

3.44

TIPZ:

1.18

Ulcer Index

TIPX:

0.82%

TIPZ:

1.41%

Daily Std Dev

TIPX:

3.29%

TIPZ:

4.72%

Max Drawdown

TIPX:

-10.06%

TIPZ:

-15.41%

Current Drawdown

TIPX:

-2.16%

TIPZ:

-8.35%

Returns By Period

In the year-to-date period, TIPX achieves a 2.81% return, which is significantly higher than TIPZ's 1.55% return. Over the past 10 years, TIPX has outperformed TIPZ with an annualized return of 2.53%, while TIPZ has yielded a comparatively lower 2.15% annualized return.


TIPX

YTD

2.81%

1M

-0.51%

6M

1.42%

1Y

3.20%

5Y*

2.62%

10Y*

2.53%

TIPZ

YTD

1.55%

1M

-0.75%

6M

0.45%

1Y

1.73%

5Y*

1.69%

10Y*

2.15%

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. TIPZ - Expense Ratio Comparison

TIPX has a 0.15% expense ratio, which is lower than TIPZ'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%.


TIPZ
PIMCO Broad US TIPS Index ETF
Expense ratio chart for TIPZ: 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. TIPZ - 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 Broad US TIPS Index ETF (TIPZ). 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 market0.002.004.000.850.35
The chart of Sortino ratio for TIPX, currently valued at 1.21, compared to the broader market-2.000.002.004.006.008.0010.001.210.51
The chart of Omega ratio for TIPX, currently valued at 1.15, compared to the broader market0.501.001.502.002.503.001.151.06
The chart of Calmar ratio for TIPX, currently valued at 0.51, compared to the broader market0.005.0010.0015.000.510.15
The chart of Martin ratio for TIPX, currently valued at 3.44, compared to the broader market0.0020.0040.0060.0080.00100.003.441.18
TIPX
TIPZ

The current TIPX Sharpe Ratio is 0.85, which is higher than the TIPZ Sharpe Ratio of 0.35. The chart below compares the historical Sharpe Ratios of TIPX and TIPZ, 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 Ratio0.501.001.502.002.50JulyAugustSeptemberOctoberNovemberDecember
0.85
0.35
TIPX
TIPZ

Dividends

TIPX vs. TIPZ - Dividend Comparison

TIPX's dividend yield for the trailing twelve months is around 3.58%, less than TIPZ's 4.81% 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%
TIPZ
PIMCO Broad US TIPS Index ETF
4.81%5.21%7.14%4.83%1.47%1.65%2.41%1.70%1.06%0.56%1.09%0.73%

Drawdowns

TIPX vs. TIPZ - Drawdown Comparison

The maximum TIPX drawdown since its inception was -10.06%, smaller than the maximum TIPZ drawdown of -15.41%. Use the drawdown chart below to compare losses from any high point for TIPX and TIPZ. For additional features, visit the drawdowns tool.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-2.16%
-8.35%
TIPX
TIPZ

Volatility

TIPX vs. TIPZ - Volatility Comparison

The current volatility for SPDR Bloomberg Barclays 1-10 Year TIPS ETF (TIPX) is 0.95%, while PIMCO Broad US TIPS Index ETF (TIPZ) has a volatility of 1.37%. This indicates that TIPX experiences smaller price fluctuations and is considered to be less risky than TIPZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.60%0.80%1.00%1.20%1.40%1.60%JulyAugustSeptemberOctoberNovemberDecember
0.95%
1.37%
TIPX
TIPZ
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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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