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VTAPX vs. IPBAX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

VTAPX vs. IPBAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Short-Term Inflation-Protected Securities Index Fund Admiral Shares (VTAPX) and Allspring Real Return Fund (IPBAX). The values are adjusted to include any dividend payments, if applicable.

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VTAPX vs. IPBAX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
VTAPX
Vanguard Short-Term Inflation-Protected Securities Index Fund Admiral Shares
0.97%6.03%4.73%4.59%-2.84%5.26%4.97%4.85%0.53%0.82%
IPBAX
Allspring Real Return Fund
11.78%10.37%8.12%5.35%-10.75%7.74%8.03%9.87%-4.02%4.07%

Returns By Period

In the year-to-date period, VTAPX achieves a 0.97% return, which is significantly lower than IPBAX's 11.78% return. Over the past 10 years, VTAPX has underperformed IPBAX with an annualized return of 3.05%, while IPBAX has yielded a comparatively higher 4.92% annualized return.


VTAPX

1D
0.28%
1M
0.04%
YTD
0.97%
6M
1.31%
1Y
3.86%
3Y*
4.67%
5Y*
3.48%
10Y*
3.05%

IPBAX

1D
0.25%
1M
-0.06%
YTD
11.78%
6M
13.53%
1Y
23.01%
3Y*
10.78%
5Y*
6.29%
10Y*
4.92%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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VTAPX vs. IPBAX - Expense Ratio Comparison

VTAPX has a 0.06% expense ratio, which is lower than IPBAX's 0.78% expense ratio.


Return for Risk

VTAPX vs. IPBAX — Risk / Return Rank

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

VTAPX
VTAPX Risk / Return Rank: 9696
Overall Rank
VTAPX Sharpe Ratio Rank: 9595
Sharpe Ratio Rank
VTAPX Sortino Ratio Rank: 9696
Sortino Ratio Rank
VTAPX Omega Ratio Rank: 9494
Omega Ratio Rank
VTAPX Calmar Ratio Rank: 9898
Calmar Ratio Rank
VTAPX Martin Ratio Rank: 9696
Martin Ratio Rank

IPBAX
IPBAX Risk / Return Rank: 9797
Overall Rank
IPBAX Sharpe Ratio Rank: 9898
Sharpe Ratio Rank
IPBAX Sortino Ratio Rank: 9797
Sortino Ratio Rank
IPBAX Omega Ratio Rank: 9595
Omega Ratio Rank
IPBAX Calmar Ratio Rank: 9999
Calmar Ratio Rank
IPBAX Martin Ratio Rank: 9898
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.

VTAPX vs. IPBAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Short-Term Inflation-Protected Securities Index Fund Admiral Shares (VTAPX) and Allspring Real Return Fund (IPBAX). 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.


VTAPXIPBAXDifference

Sharpe ratio

Return per unit of total volatility

2.28

2.91

-0.63

Sortino ratio

Return per unit of downside risk

3.41

3.98

-0.57

Omega ratio

Gain probability vs. loss probability

1.49

1.53

-0.04

Calmar ratio

Return relative to maximum drawdown

4.65

6.12

-1.47

Martin ratio

Return relative to average drawdown

14.74

22.57

-7.83

VTAPX vs. IPBAX - Sharpe Ratio Comparison

The current VTAPX Sharpe Ratio is 2.28, which is comparable to the IPBAX Sharpe Ratio of 2.91. The chart below compares the historical Sharpe Ratios of VTAPX and IPBAX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


VTAPXIPBAXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.28

2.91

-0.63

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

1.31

0.89

+0.42

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

1.37

0.83

+0.54

Sharpe Ratio (All Time)

Calculated using the full available price history

1.04

0.70

+0.35

Correlation

The correlation between VTAPX and IPBAX is 0.64, 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.


Dividends

VTAPX vs. IPBAX - Dividend Comparison

VTAPX's dividend yield for the trailing twelve months is around 3.55%, more than IPBAX's 2.33% yield.


TTM20252024202320222021202020192018201720162015
VTAPX
Vanguard Short-Term Inflation-Protected Securities Index Fund Admiral Shares
3.55%3.78%2.68%2.84%6.82%4.67%1.19%1.94%2.45%1.52%0.76%0.00%
IPBAX
Allspring Real Return Fund
2.33%2.58%2.26%3.71%5.07%3.84%1.26%2.12%2.57%1.96%1.77%2.13%

Drawdowns

VTAPX vs. IPBAX - Drawdown Comparison

The maximum VTAPX drawdown since its inception was -5.33%, smaller than the maximum IPBAX drawdown of -15.13%. Use the drawdown chart below to compare losses from any high point for VTAPX and IPBAX.


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Drawdown Indicators


VTAPXIPBAXDifference

Max Drawdown

Largest peak-to-trough decline

-5.33%

-15.13%

+9.80%

Max Drawdown (1Y)

Largest decline over 1 year

-0.92%

-3.84%

+2.92%

Max Drawdown (5Y)

Largest decline over 5 years

-5.33%

-13.94%

+8.61%

Max Drawdown (10Y)

Largest decline over 10 years

-5.33%

-13.94%

+8.61%

Current Drawdown

Current decline from peak

-0.28%

-0.38%

+0.10%

Average Drawdown

Average peak-to-trough decline

-1.04%

-3.15%

+2.11%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.29%

1.04%

-0.75%

Volatility

VTAPX vs. IPBAX - Volatility Comparison

The current volatility for Vanguard Short-Term Inflation-Protected Securities Index Fund Admiral Shares (VTAPX) is 0.59%, while Allspring Real Return Fund (IPBAX) has a volatility of 3.22%. This indicates that VTAPX experiences smaller price fluctuations and is considered to be less risky than IPBAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


VTAPXIPBAXDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.59%

3.22%

-2.63%

Volatility (6M)

Calculated over the trailing 6-month period

0.96%

6.48%

-5.52%

Volatility (1Y)

Calculated over the trailing 1-year period

1.79%

8.01%

-6.22%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

2.67%

7.12%

-4.45%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

2.23%

5.93%

-3.70%