PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
TIPZ vs. LTPZ
Performance
Return for Risk
Dividends
Drawdowns
Volatility

TIPZ vs. LTPZ

Last updated Apr 1, 2026

Compare and contrast key facts about PIMCO Broad US TIPS Index ETF (TIPZ) and PIMCO 15+ Year US TIPS Index ETF (LTPZ).

TIPZ and LTPZ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. LTPZ is a passively managed fund by PIMCO that tracks the performance of the ICE BofA US Inflation-Linked Treasury (15+ Y). It was launched on Sep 3, 2009. Both TIPZ and LTPZ are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

TIPZ vs. LTPZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PIMCO Broad US TIPS Index ETF (TIPZ) and PIMCO 15+ Year US TIPS Index ETF (LTPZ). The values are adjusted to include any dividend payments, if applicable.

Loading graphics...

TIPZ vs. LTPZ - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
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%
LTPZ
PIMCO 15+ Year US TIPS Index ETF		-1.39%4.00%-4.80%0.96%-31.71%7.02%24.89%17.47%-7.22%9.07%

Returns By Period

In the year-to-date period, TIPZ achieves a 1.47% return, which is significantly higher than LTPZ's -1.39% return. Over the past 10 years, TIPZ has outperformed LTPZ with an annualized return of 2.40%, while LTPZ has yielded a comparatively lower 0.59% 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%

LTPZ

1D
-0.10%
1M
-4.79%
YTD
-1.39%
6M
-2.84%
1Y
-2.68%
3Y*
-2.37%
5Y*
-4.68%
10Y*
0.59%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

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

PIMCO Broad US TIPS Index ETF

PIMCO 15+ Year US TIPS Index ETF

Often compared with TIPZ:
TIPZ vs. TIPTIPZ vs. TIPXTIPZ vs. ITPS.LTIPZ vs. STIPTIPZ vs. TDTTTIPZ vs. RINFTIPZ vs. VTIP
Often compared with LTPZ:
LTPZ vs. SCHPLTPZ vs. TLTLTPZ vs. TIPXLTPZ vs. VTIPLTPZ vs. VGLTLTPZ vs. HYSLTPZ vs. JNK

TIPZ vs. LTPZ - Expense Ratio Comparison

Both TIPZ and LTPZ have an expense ratio of 0.20%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

TIPZ
PIMCO Broad US TIPS Index ETF
LTPZ
PIMCO 15+ Year US TIPS Index ETF

Return for Risk

TIPZ vs. LTPZ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
TIPZ
TIPZ Risk / Return Rank: 3737
Overall Rank
TIPZ Sharpe Ratio Rank: 3636
Sharpe Ratio Rank
TIPZ Sortino Ratio Rank: 3232
Sortino Ratio Rank
TIPZ Omega Ratio Rank: 3131
Omega Ratio Rank
TIPZ Calmar Ratio Rank: 4848
Calmar Ratio Rank
TIPZ Martin Ratio Rank: 3838
Martin Ratio Rank
LTPZ
LTPZ Risk / Return Rank: 88
Overall Rank
LTPZ Sharpe Ratio Rank: 88
Sharpe Ratio Rank
LTPZ Sortino Ratio Rank: 77
Sortino Ratio Rank
LTPZ Omega Ratio Rank: 77
Omega Ratio Rank
LTPZ Calmar Ratio Rank: 99
Calmar Ratio Rank
LTPZ Martin Ratio Rank: 99
Martin Ratio Rank
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. LTPZ - Risk-Adjusted Trends Comparison

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

TIPZLTPZDifference

Sharpe ratio

Return per unit of total volatility

0.65

-0.24

+0.89

Sortino ratio

Return per unit of downside risk

0.90

-0.24

+1.14

Omega ratio

Gain probability vs. loss probability

1.12

0.97

+0.15

Calmar ratio

Return relative to maximum drawdown

1.19

-0.21

+1.40

Martin ratio

Return relative to average drawdown

3.44

-0.43

+3.87

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TIPZ vs. LTPZ - Sharpe Ratio Comparison

The current TIPZ Sharpe Ratio is 0.65, which is higher than the LTPZ Sharpe Ratio of -0.24. The chart below compares the historical Sharpe Ratios of TIPZ 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.

Loading graphics...

Sharpe Ratios by Period

TIPZLTPZDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.65

-0.24

+0.89

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.17

-0.30

+0.46

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.41

0.04

+0.37

Sharpe Ratio (All Time)

Calculated using the full available price history

0.52

0.21

+0.31

Correlation

The correlation between TIPZ and LTPZ is 0.88, 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.

Dividends

TIPZ vs. LTPZ - Dividend Comparison

TIPZ's dividend yield for the trailing twelve months is around 4.44%, less than LTPZ's 4.64% yield.

TTM20252024202320222021202020192018201720162015
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%
LTPZ
PIMCO 15+ Year US TIPS Index ETF		4.64%4.64%3.71%3.71%8.38%3.56%1.42%1.74%3.05%2.25%2.32%0.71%

Drawdowns

TIPZ vs. LTPZ - Drawdown Comparison

The maximum TIPZ drawdown since its inception was -15.77%, smaller than the maximum LTPZ drawdown of -40.99%. Use the drawdown chart below to compare losses from any high point for TIPZ and LTPZ.

Loading graphics...

Drawdown Indicators

TIPZLTPZDifference

Max Drawdown

Largest peak-to-trough decline

-15.77%

-40.99%

+25.22%

Max Drawdown (1Y)

Largest decline over 1 year

-2.86%

-7.82%

+4.96%

Max Drawdown (5Y)

Largest decline over 5 years

-15.77%

-40.99%

+25.22%

Max Drawdown (10Y)

Largest decline over 10 years

-15.77%

-40.99%

+25.22%

Current Drawdown

Current decline from peak

-2.51%

-33.95%

+31.44%

Average Drawdown

Average peak-to-trough decline

-4.36%

-12.19%

+7.83%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.99%

3.92%

-2.93%

Volatility

TIPZ vs. LTPZ - Volatility Comparison

The current volatility for PIMCO Broad US TIPS Index ETF (TIPZ) is 1.45%, while PIMCO 15+ Year US TIPS Index ETF (LTPZ) has a volatility of 3.99%. This indicates that TIPZ 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.

Loading graphics...

Volatility by Period

TIPZLTPZDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.45%

3.99%

-2.54%

Volatility (6M)

Calculated over the trailing 6-month period

2.86%

6.46%

-3.60%

Volatility (1Y)

Calculated over the trailing 1-year period

4.60%

11.28%

-6.68%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

6.38%

15.92%

-9.54%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

5.86%

15.10%

-9.24%