TIPZ vs. BSIIX
Compare and contrast key facts about PIMCO Broad US TIPS Index ETF (TIPZ) and BlackRock Strategic Income Opportunities Fund Class I (BSIIX).
TIPZ is a passively managed fund by PIMCO that tracks the performance of the ICE BofA US Inflation-Linked Treasury. It was launched on Sep 3, 2009. BSIIX is managed by BlackRock. It was launched on Feb 5, 2008.
Performance
TIPZ vs. BSIIX - Performance Comparison
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TIPZ vs. BSIIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TIPZ PIMCO Broad US TIPS Index ETF | 1.47% | 5.87% | 1.52% | 3.37% | -12.67% | 5.48% | 10.98% | 8.64% | -1.65% | 3.12% |
BSIIX BlackRock Strategic Income Opportunities Fund Class I | -0.96% | 8.59% | 5.22% | 6.18% | -6.14% | 0.80% | 7.22% | 7.65% | -0.42% | 4.89% |
Returns By Period
In the year-to-date period, TIPZ achieves a 1.47% return, which is significantly higher than BSIIX's -0.96% return. Over the past 10 years, TIPZ has underperformed BSIIX with an annualized return of 2.40%, while BSIIX has yielded a comparatively higher 3.62% annualized return.
TIPZ
- 1D
- 0.08%
- 1M
- -1.41%
- YTD
- 1.47%
- 6M
- 0.35%
- 1Y
- 2.98%
- 3Y*
- 2.97%
- 5Y*
- 1.07%
- 10Y*
- 2.40%
BSIIX
- 1D
- 0.21%
- 1M
- -2.64%
- YTD
- -0.96%
- 6M
- 0.50%
- 1Y
- 5.73%
- 3Y*
- 5.74%
- 5Y*
- 2.54%
- 10Y*
- 3.62%
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TIPZ vs. BSIIX - Expense Ratio Comparison
TIPZ has a 0.20% expense ratio, which is lower than BSIIX's 0.69% expense ratio.
Return for Risk
TIPZ vs. BSIIX — Risk / Return Rank
TIPZ
BSIIX
TIPZ vs. BSIIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO Broad US TIPS Index ETF (TIPZ) and BlackRock Strategic Income Opportunities Fund Class I (BSIIX). 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.
| TIPZ | BSIIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.65 | 2.10 | -1.44 |
Sortino ratioReturn per unit of downside risk | 0.90 | 3.06 | -2.16 |
Omega ratioGain probability vs. loss probability | 1.12 | 1.43 | -0.31 |
Calmar ratioReturn relative to maximum drawdown | 1.19 | 2.20 | -1.01 |
Martin ratioReturn relative to average drawdown | 3.44 | 9.63 | -6.19 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| TIPZ | BSIIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.65 | 2.10 | -1.44 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.17 | 0.71 | -0.54 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.41 | 1.17 | -0.76 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.52 | 1.28 | -0.76 |
Correlation
The correlation between TIPZ and BSIIX is 0.33, 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.
Dividends
TIPZ vs. BSIIX - Dividend Comparison
TIPZ's dividend yield for the trailing twelve months is around 4.44%, less than BSIIX's 4.79% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TIPZ PIMCO Broad US TIPS Index ETF | 4.44% | 4.74% | 4.44% | 4.69% | 7.14% | 4.41% | 1.47% | 1.65% | 2.23% | 1.70% | 1.06% | 0.56% |
BSIIX BlackRock Strategic Income Opportunities Fund Class I | 4.79% | 5.07% | 4.75% | 3.33% | 3.58% | 2.98% | 2.92% | 3.54% | 3.32% | 3.45% | 2.91% | 3.19% |
Drawdowns
TIPZ vs. BSIIX - Drawdown Comparison
The maximum TIPZ drawdown since its inception was -15.77%, smaller than the maximum BSIIX drawdown of -18.76%. Use the drawdown chart below to compare losses from any high point for TIPZ and BSIIX.
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Drawdown Indicators
| TIPZ | BSIIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.77% | -18.76% | +2.99% |
Max Drawdown (1Y)Largest decline over 1 year | -2.86% | -2.84% | -0.02% |
Max Drawdown (5Y)Largest decline over 5 years | -15.77% | -9.13% | -6.64% |
Max Drawdown (10Y)Largest decline over 10 years | -15.77% | -9.91% | -5.86% |
Current DrawdownCurrent decline from peak | -2.51% | -2.64% | +0.13% |
Average DrawdownAverage peak-to-trough decline | -4.36% | -1.82% | -2.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.99% | 0.65% | +0.34% |
Volatility
TIPZ vs. BSIIX - Volatility Comparison
PIMCO Broad US TIPS Index ETF (TIPZ) has a higher volatility of 1.45% compared to BlackRock Strategic Income Opportunities Fund Class I (BSIIX) at 1.21%. This indicates that TIPZ's price experiences larger fluctuations and is considered to be riskier than BSIIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TIPZ | BSIIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.45% | 1.21% | +0.24% |
Volatility (6M)Calculated over the trailing 6-month period | 2.86% | 1.98% | +0.88% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.60% | 2.89% | +1.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.38% | 3.58% | +2.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.86% | 3.11% | +2.75% |