TIPZ vs. BESF

Last updated Jun 24, 2026

TIPZ (PIMCO Broad US TIPS Index ETF) and BESF (Bastion Energy ETF) are both exchange-traded funds - TIPZ is a Inflation-Protected Bonds fund tracking the ICE BofA US Inflation-Linked Treasury, while BESF is a Energy Equities fund actively managed by Bastion. TIPZ is passively managed, while BESF is actively managed. Over the past year, TIPZ returned 3.58% vs 61.61% for BESF. At a correlation of -0.17, they often move in opposite directions. TIPZ charges 0.20%/yr vs 0.80%/yr for BESF.

Performance

TIPZ vs. BESF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PIMCO Broad US TIPS Index ETF (TIPZ) and Bastion Energy ETF (BESF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TIPZ achieves a 1.90% return, which is significantly lower than BESF's 16.12% return.

TIPZ

• 1D: -0.01%
• 1M: -0.02%
• YTD: 1.90%
• 6M: 0.95%
• 1Y: 3.58%
• 3Y*: 3.45%
• 5Y*: 0.62%
• 10Y*: 2.37%

BESF

• 1D: 1.01%
• 1M: -6.28%
• YTD: 16.12%
• 6M: 15.17%
• 1Y: 61.61%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

TIPZ vs. BESF - Yearly Performance Comparison

	2026 (YTD)	2025
TIPZ PIMCO Broad US TIPS Index ETF	1.90%	2.48%
BESF Bastion Energy ETF	16.12%	38.76%

Correlation

The correlation between TIPZ and BESF is -0.16, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.16
Correlation (All Time) Calculated using the full available price history since Jun 4, 2025	-0.17

Return for Risk

TIPZ vs. BESF — Risk / Return Rank

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

TIPZ

TIPZ Risk / Return Rank: 30
TIPZ Sharpe Ratio Rank: 27
TIPZ Sortino Ratio Rank: 26
TIPZ Omega Ratio Rank: 25
TIPZ Calmar Ratio Rank: 35
TIPZ Martin Ratio Rank: 35

BESF

BESF Risk / Return Rank: 84
BESF Sharpe Ratio Rank: 86
BESF Sortino Ratio Rank: 83
BESF Omega Ratio Rank: 77
BESF Calmar Ratio Rank: 92
BESF Martin Ratio Rank: 83

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

TIPZ vs. BESF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PIMCO Broad US TIPS Index ETF (TIPZ) and Bastion Energy ETF (BESF). 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.

	TIPZ	BESF	Difference
Sharpe ratio: Return per unit of total volatility	0.92	2.52	-1.59
Sortino ratio: Return per unit of downside risk	1.35	3.34	-2.00
Omega ratio: Gain probability vs. loss probability	1.17	1.41	-0.24
Calmar ratio: Return relative to maximum drawdown	1.65	5.64	-3.99
Martin ratio: Return relative to average drawdown	5.08	15.57	-10.50

TIPZ vs. BESF - Sharpe Ratio Comparison

The current TIPZ Sharpe Ratio is 0.92, which is lower than the BESF Sharpe Ratio of 2.52. The chart below compares the historical Sharpe Ratios of TIPZ and BESF, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

TIPZ vs. BESF - Drawdown Comparison

The maximum TIPZ drawdown since its inception was -15.77%, which is greater than BESF's maximum drawdown of -10.97%. Use the drawdown chart below to compare losses from any high point for TIPZ and BESF.

Drawdown Indicators

	TIPZ	BESF	Difference
Max Drawdown Largest peak-to-trough decline	-15.77%	-10.97%	-4.80%
Max Drawdown (1Y) Largest decline over 1 year	-2.18%	-10.97%	+8.79%
Max Drawdown (3Y) Largest decline over 3 years	-4.74%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-15.77%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-15.77%	—	—
Current Drawdown Current decline from peak	-2.09%	-8.73%	+6.64%
Average Drawdown Average peak-to-trough decline	-4.32%	-2.74%	-1.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.71%	3.97%	-3.26%

Volatility

TIPZ vs. BESF - Volatility Comparison

The current volatility for PIMCO Broad US TIPS Index ETF (TIPZ) is 1.19%, while Bastion Energy ETF (BESF) has a volatility of 6.97%. This indicates that TIPZ experiences smaller price fluctuations and is considered to be less risky than BESF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TIPZ	BESF	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.19%	6.97%	-5.78%
Volatility (6M) Calculated over the trailing 6-month period	3.00%	14.93%	-11.93%
Volatility (1Y) Calculated over the trailing 1-year period	3.90%	24.75%	-20.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.35%	24.39%	-18.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.85%	24.39%	-18.54%

TIPZ vs. BESF - Expense Ratio Comparison

TIPZ has a 0.20% expense ratio, which is lower than BESF's 0.80% expense ratio.

Dividends

TIPZ vs. BESF - Dividend Comparison

TIPZ's dividend yield for the trailing twelve months is around 5.14%, less than BESF's 5.86% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BESF Bastion Energy ETF	5.86%	6.39%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
TIPZ PIMCO Broad US TIPS Index ETF	5.14%	4.74%	4.44%	4.69%	7.14%	4.41%	1.47%	1.65%	2.23%	1.70%	1.06%	0.56%

Frequently Asked Questions

Can I hold both TIPZ and BESF in my portfolio?

TIPZ and BESF have a correlation of -0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TIPZ or BESF?

BESF has higher volatility (6.97%) compared to TIPZ (1.19%). In terms of maximum drawdown, TIPZ dropped -15.77% vs BESF's -10.97%.

Which ETF is better, TIPZ or BESF?

On 1-year performance, BESF leads with 61.61% vs 3.58% for TIPZ. On fees, TIPZ is cheaper at 0.20% per year. On volatility, TIPZ has been the lower-risk option at 1.19%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TIPZ or BESF?

Over the 1-year period, BESF has performed better with a 61.61% return vs 3.58%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TIPZ or BESF?

TIPZ is cheaper with a 0.20% expense ratio, compared with 0.80% for BESF.

Which ETF pays a higher dividend yield, TIPZ or BESF?

BESF has the higher dividend yield at 5.86%, compared with 5.14% for TIPZ.

What is the main difference between TIPZ and BESF?

TIPZ is categorized as Inflation-Protected Bonds, while BESF is Energy Equities. They also come from different issuers: PIMCO and Bastion. Their fees differ too: 0.20% for TIPZ and 0.80% for BESF.

Which has better risk-adjusted returns?

BESF currently has the higher Sharpe Ratio (2.52 vs 0.92), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.