TPSA.AS vs. IEF
Compare and contrast key facts about iShares $ TIPS UCITS ETF USD (Acc) (TPSA.AS) and iShares 7-10 Year Treasury Bond ETF (IEF).
TPSA.AS and IEF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TPSA.AS is a passively managed fund by iShares that tracks the performance of the Bloomberg Gbl Infl Linked US TIPS TR USD. It was launched on Dec 8, 2006. IEF is a passively managed fund by iShares that tracks the performance of the Barclays Capital U.S. 7-10 Year Treasury Bond Index. It was launched on Jul 26, 2002. Both TPSA.AS and IEF are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TPSA.AS or IEF.
Key characteristics
| TPSA.AS | IEF | |
|---|---|---|
| YTD Return | 4.51% | 4.97% |
| 1Y Return | 3.77% | 9.56% |
| 3Y Return (Ann) | 0.78% | -3.21% |
| 5Y Return (Ann) | 2.45% | -0.30% |
| 10Y Return (Ann) | 3.88% | 1.57% |
| Sharpe Ratio | 0.70 | 1.20 |
| Daily Std Dev | 5.81% | 7.78% |
| Max Drawdown | -19.97% | -23.93% |
| Current Drawdown | -8.51% | -12.73% |
Correlation
The correlation between TPSA.AS and IEF is 0.45, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
TPSA.AS vs. IEF - Performance Comparison
In the year-to-date period, TPSA.AS achieves a 4.51% return, which is significantly lower than IEF's 4.97% return. Over the past 10 years, TPSA.AS has outperformed IEF with an annualized return of 3.88%, while IEF has yielded a comparatively lower 1.57% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
TPSA.AS vs. IEF - Expense Ratio Comparison
TPSA.AS has a 0.12% expense ratio, which is lower than IEF's 0.15% 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%.
Risk-Adjusted Performance
TPSA.AS vs. IEF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares $ TIPS UCITS ETF USD (Acc) (TPSA.AS) and iShares 7-10 Year Treasury Bond ETF (IEF). 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.
Dividends
TPSA.AS vs. IEF - Dividend Comparison
TPSA.AS has not paid dividends to shareholders, while IEF's dividend yield for the trailing twelve months is around 3.23%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TPSA.AS iShares $ TIPS UCITS ETF USD (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IEF iShares 7-10 Year Treasury Bond ETF | 3.23% | 2.91% | 1.96% | 0.83% | 1.08% | 2.08% | 2.24% | 1.82% | 1.81% | 1.90% | 2.05% | 1.77% |
Drawdowns
TPSA.AS vs. IEF - Drawdown Comparison
The maximum TPSA.AS drawdown since its inception was -19.97%, smaller than the maximum IEF drawdown of -23.93%. Use the drawdown chart below to compare losses from any high point for TPSA.AS and IEF. For additional features, visit the drawdowns tool.
Volatility
TPSA.AS vs. IEF - Volatility Comparison
The current volatility for iShares $ TIPS UCITS ETF USD (Acc) (TPSA.AS) is 1.24%, while iShares 7-10 Year Treasury Bond ETF (IEF) has a volatility of 1.34%. This indicates that TPSA.AS experiences smaller price fluctuations and is considered to be less risky than IEF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.