TIPZ vs. MFDX
Compare and contrast key facts about PIMCO Broad US TIPS Index ETF (TIPZ) and PIMCO RAFI Dynamic Multi-Factor International Equity ETF (MFDX).
TIPZ and MFDX 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. MFDX is a passively managed fund by PIMCO that tracks the performance of the RAFI Dynamic Multi-Factor Developed Ex-U.S. Index. It was launched on Aug 31, 2017. Both TIPZ and MFDX 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. MFDX - Performance Comparison
Loading graphics...
TIPZ vs. MFDX - 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% | 0.31% |
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF | 3.63% | 34.27% | 4.40% | 17.54% | -10.27% | 11.07% | 6.90% | 19.88% | -14.88% | 7.02% |
Returns By Period
In the year-to-date period, TIPZ achieves a 1.47% return, which is significantly lower than MFDX's 3.63% 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%
MFDX
- 1D
- 3.05%
- 1M
- -7.22%
- YTD
- 3.63%
- 6M
- 8.66%
- 1Y
- 28.57%
- 3Y*
- 16.66%
- 5Y*
- 10.03%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
TIPZ vs. MFDX - Expense Ratio Comparison
TIPZ has a 0.20% expense ratio, which is lower than MFDX's 0.39% expense ratio.
Return for Risk
TIPZ vs. MFDX — Risk / Return Rank
TIPZ
MFDX
TIPZ vs. MFDX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO Broad US TIPS Index ETF (TIPZ) and PIMCO RAFI Dynamic Multi-Factor International Equity ETF (MFDX). 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 | MFDX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.65 | 1.84 | -1.19 |
Sortino ratioReturn per unit of downside risk | 0.90 | 2.47 | -1.57 |
Omega ratioGain probability vs. loss probability | 1.12 | 1.37 | -0.25 |
Calmar ratioReturn relative to maximum drawdown | 1.19 | 2.60 | -1.41 |
Martin ratioReturn relative to average drawdown | 3.44 | 10.63 | -7.19 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| TIPZ | MFDX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.65 | 1.84 | -1.19 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.17 | 0.67 | -0.51 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.41 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.52 | 0.51 | +0.01 |
Correlation
The correlation between TIPZ and MFDX is 0.11, 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. MFDX - Dividend Comparison
TIPZ's dividend yield for the trailing twelve months is around 4.44%, more than MFDX's 2.86% 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% |
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF | 2.86% | 2.97% | 3.16% | 3.12% | 2.85% | 2.99% | 1.58% | 2.88% | 2.13% | 0.71% | 0.00% | 0.00% |
Drawdowns
TIPZ vs. MFDX - Drawdown Comparison
The maximum TIPZ drawdown since its inception was -15.77%, smaller than the maximum MFDX drawdown of -36.05%. Use the drawdown chart below to compare losses from any high point for TIPZ and MFDX.
Loading graphics...
Drawdown Indicators
| TIPZ | MFDX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.77% | -36.05% | +20.28% |
Max Drawdown (1Y)Largest decline over 1 year | -2.86% | -10.66% | +7.80% |
Max Drawdown (5Y)Largest decline over 5 years | -15.77% | -25.58% | +9.81% |
Max Drawdown (10Y)Largest decline over 10 years | -15.77% | — | — |
Current DrawdownCurrent decline from peak | -2.51% | -7.30% | +4.79% |
Average DrawdownAverage peak-to-trough decline | -4.36% | -6.58% | +2.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.99% | 2.61% | -1.62% |
Volatility
TIPZ vs. MFDX - Volatility Comparison
The current volatility for PIMCO Broad US TIPS Index ETF (TIPZ) is 1.45%, while PIMCO RAFI Dynamic Multi-Factor International Equity ETF (MFDX) has a volatility of 7.29%. This indicates that TIPZ experiences smaller price fluctuations and is considered to be less risky than MFDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| TIPZ | MFDX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.45% | 7.29% | -5.84% |
Volatility (6M)Calculated over the trailing 6-month period | 2.86% | 10.27% | -7.41% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.60% | 15.63% | -11.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.38% | 14.95% | -8.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.86% | 16.42% | -10.56% |