Correlation
The correlation between ^FVX and TIP is -0.11. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
^FVX vs. TIP
Compare and contrast key facts about Treasury Yield 5 Years (^FVX) and iShares TIPS Bond ETF (TIP).
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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^FVX or TIP.
Performance
^FVX vs. TIP - Performance Comparison
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Key characteristics
^FVX:
-0.41
TIP:
1.09
^FVX:
-0.31
TIP:
1.36
^FVX:
0.96
TIP:
1.17
^FVX:
-0.14
TIP:
0.47
^FVX:
-0.59
TIP:
2.94
^FVX:
13.70%
TIP:
1.61%
^FVX:
24.49%
TIP:
4.76%
^FVX:
-97.53%
TIP:
-14.56%
^FVX:
-48.35%
TIP:
-5.10%
Returns By Period
In the year-to-date period, ^FVX achieves a -6.89% return, which is significantly lower than TIP's 3.04% return. Over the past 10 years, ^FVX has outperformed TIP with an annualized return of 10.34%, while TIP has yielded a comparatively lower 2.27% annualized return.
^FVX
-6.89%
4.99%
-5.12%
-9.94%
13.94%
65.04%
10.34%
TIP
3.04%
-0.67%
2.20%
5.02%
0.57%
1.27%
2.27%
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Risk-Adjusted Performance
^FVX vs. TIP — Risk-Adjusted Performance Rank
^FVX
TIP
^FVX vs. TIP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Treasury Yield 5 Years (^FVX) 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.
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Drawdowns
^FVX vs. TIP - Drawdown Comparison
The maximum ^FVX drawdown since its inception was -97.53%, which is greater than TIP's maximum drawdown of -14.56%. Use the drawdown chart below to compare losses from any high point for ^FVX and TIP.
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Volatility
^FVX vs. TIP - Volatility Comparison
Treasury Yield 5 Years (^FVX) has a higher volatility of 7.21% compared to iShares TIPS Bond ETF (TIP) at 1.44%. This indicates that ^FVX'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.
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