XVV vs. TIP
Compare and contrast key facts about iShares ESG Screened S&P 500 ETF (XVV) and iShares TIPS Bond ETF (TIP).
XVV and TIP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XVV is a passively managed fund by iShares that tracks the performance of the S&P 500 Sustainablility Screened Index. It was launched on Sep 22, 2020. TIP is a passively managed fund by iShares that tracks the performance of the Barclays Capital U.S. Treasury Inflation Protected Securities (TIPS) Index (Series-L). It was launched on Dec 4, 2003. Both XVV and TIP 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: XVV or TIP.
Key characteristics
| XVV | TIP | |
|---|---|---|
| YTD Return | 21.61% | 2.65% |
| 1Y Return | 34.28% | 6.10% |
| 3Y Return (Ann) | 8.11% | -2.10% |
| Sharpe Ratio | 2.68 | 1.31 |
| Sortino Ratio | 3.54 | 1.94 |
| Omega Ratio | 1.49 | 1.24 |
| Calmar Ratio | 3.88 | 0.51 |
| Martin Ratio | 17.07 | 6.43 |
| Ulcer Index | 2.08% | 1.03% |
| Daily Std Dev | 13.26% | 5.05% |
| Max Drawdown | -27.20% | -14.56% |
| Current Drawdown | -2.63% | -7.00% |
Correlation
The correlation between XVV and TIP is 0.18, 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.
Performance
XVV vs. TIP - Performance Comparison
In the year-to-date period, XVV achieves a 21.61% return, which is significantly higher than TIP's 2.65% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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XVV vs. TIP - Expense Ratio Comparison
XVV has a 0.08% expense ratio, which is lower than TIP's 0.19% 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
XVV vs. TIP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares ESG Screened S&P 500 ETF (XVV) and iShares TIPS Bond ETF (TIP). 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
XVV vs. TIP - Dividend Comparison
XVV's dividend yield for the trailing twelve months is around 1.04%, less than TIP's 2.40% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XVV iShares ESG Screened S&P 500 ETF | 1.04% | 1.25% | 1.57% | 0.81% | 0.31% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TIP iShares TIPS Bond ETF | 2.40% | 2.73% | 6.96% | 4.28% | 1.17% | 1.75% | 2.71% | 2.07% | 1.48% | 0.34% | 1.67% | 1.15% |
Drawdowns
XVV vs. TIP - Drawdown Comparison
The maximum XVV drawdown since its inception was -27.20%, which is greater than TIP's maximum drawdown of -14.56%. Use the drawdown chart below to compare losses from any high point for XVV and TIP. For additional features, visit the drawdowns tool.
Volatility
XVV vs. TIP - Volatility Comparison
iShares ESG Screened S&P 500 ETF (XVV) has a higher volatility of 3.44% compared to iShares TIPS Bond ETF (TIP) at 1.12%. This indicates that XVV's price experiences larger fluctuations and is considered to be riskier than TIP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.