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VTIP vs. SPIP
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between VTIP and SPIP is 0.73, 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.


-0.50.00.51.00.7

Performance

VTIP vs. SPIP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Short-Term Inflation-Protected Securities ETF (VTIP) and SPDR Portfolio TIPS ETF (SPIP). The values are adjusted to include any dividend payments, if applicable.

16.00%18.00%20.00%22.00%24.00%26.00%JulyAugustSeptemberOctoberNovemberDecember
25.68%
16.84%
VTIP
SPIP

Key characteristics

Sharpe Ratio

VTIP:

2.50

SPIP:

0.32

Sortino Ratio

VTIP:

3.80

SPIP:

0.47

Omega Ratio

VTIP:

1.50

SPIP:

1.06

Calmar Ratio

VTIP:

6.00

SPIP:

0.14

Martin Ratio

VTIP:

15.81

SPIP:

1.18

Ulcer Index

VTIP:

0.29%

SPIP:

1.42%

Daily Std Dev

VTIP:

1.81%

SPIP:

5.28%

Max Drawdown

VTIP:

-6.27%

SPIP:

-15.38%

Current Drawdown

VTIP:

-0.51%

SPIP:

-8.63%

Returns By Period

In the year-to-date period, VTIP achieves a 4.50% return, which is significantly higher than SPIP's 2.39% return. Over the past 10 years, VTIP has outperformed SPIP with an annualized return of 2.57%, while SPIP has yielded a comparatively lower 2.12% annualized return.


VTIP

YTD

4.50%

1M

-0.04%

6M

2.35%

1Y

4.61%

5Y*

3.43%

10Y*

2.57%

SPIP

YTD

2.39%

1M

-0.71%

6M

0.67%

1Y

1.75%

5Y*

1.69%

10Y*

2.12%

Compare stocks, funds, or ETFs

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


VTIP vs. SPIP - Expense Ratio Comparison

VTIP has a 0.04% expense ratio, which is lower than SPIP's 0.12% 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%.


SPIP
SPDR Portfolio TIPS ETF
Expense ratio chart for SPIP: current value at 0.12% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.12%
Expense ratio chart for VTIP: current value at 0.04% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.04%

Risk-Adjusted Performance

VTIP vs. SPIP - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Short-Term Inflation-Protected Securities ETF (VTIP) and SPDR Portfolio TIPS ETF (SPIP). 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.


Sharpe ratio
The chart of Sharpe ratio for VTIP, currently valued at 2.50, compared to the broader market0.002.004.002.500.32
The chart of Sortino ratio for VTIP, currently valued at 3.80, compared to the broader market-2.000.002.004.006.008.0010.003.800.47
The chart of Omega ratio for VTIP, currently valued at 1.50, compared to the broader market0.501.001.502.002.503.001.501.06
The chart of Calmar ratio for VTIP, currently valued at 6.00, compared to the broader market0.005.0010.0015.006.000.14
The chart of Martin ratio for VTIP, currently valued at 15.81, compared to the broader market0.0020.0040.0060.0080.00100.0015.811.18
VTIP
SPIP

The current VTIP Sharpe Ratio is 2.50, which is higher than the SPIP Sharpe Ratio of 0.32. The chart below compares the historical Sharpe Ratios of VTIP and SPIP, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
2.50
0.32
VTIP
SPIP

Dividends

VTIP vs. SPIP - Dividend Comparison

VTIP's dividend yield for the trailing twelve months is around 1.60%, less than SPIP's 3.35% yield.


TTM20232022202120202019201820172016201520142013
VTIP
Vanguard Short-Term Inflation-Protected Securities ETF
1.60%3.36%6.84%4.68%1.20%1.95%2.45%1.52%0.76%0.00%0.82%0.05%
SPIP
SPDR Portfolio TIPS ETF
3.35%3.70%7.06%4.53%1.97%2.60%2.80%3.02%1.88%0.14%1.66%1.11%

Drawdowns

VTIP vs. SPIP - Drawdown Comparison

The maximum VTIP drawdown since its inception was -6.27%, smaller than the maximum SPIP drawdown of -15.38%. Use the drawdown chart below to compare losses from any high point for VTIP and SPIP. For additional features, visit the drawdowns tool.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-0.51%
-8.63%
VTIP
SPIP

Volatility

VTIP vs. SPIP - Volatility Comparison

The current volatility for Vanguard Short-Term Inflation-Protected Securities ETF (VTIP) is 0.39%, while SPDR Portfolio TIPS ETF (SPIP) has a volatility of 1.44%. This indicates that VTIP experiences smaller price fluctuations and is considered to be less risky than SPIP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.50%1.00%1.50%2.00%JulyAugustSeptemberOctoberNovemberDecember
0.39%
1.44%
VTIP
SPIP
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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