PBTP vs HIPS

Comparison between INVESCO 0-5 YR US TIPS ETF (PBTP, ETF) and GraniteShares HIPS US High Income ETF (HIPS, ETF).

5-Year PerformanceHIPS has outperformed PBTP, delivering a return of +4.8% compared to +3.1%

PBTP vs HIPS - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PBTP(ETF)	HIPS(ETF)
Net Assets	$116M	$116M
Expense Ratio	0.07%	1.17%
Max Drawdown	9.90%	61.65%
Sharpe Ratio	-0.69	0.48
5Y Beta	-0.01	0.48
P/E Ratio	N/A	15.29
Forward P/E	N/A	10.20
PEG Ratio	N/A	0.09
5Y Dividends CAGR	27.17%	1.61%
P/S Ratio	N/A	2.41
P/B Ratio	N/A	1.12

Net Assets

PBTP

$116M

HIPS

$116M

Expense Ratio

Winner

PBTP

0.07%

HIPS

1.17%

Max Drawdown

Winner

PBTP

9.90%

HIPS

61.65%

Sharpe Ratio

PBTP

-0.69

Winner

HIPS

0.48

5Y Beta

Winner

PBTP

-0.01

HIPS

0.48

P/E Ratio

PBTP

N/A

HIPS

15.29

Forward P/E

PBTP

N/A

HIPS

10.20

PEG Ratio

PBTP

N/A

HIPS

0.09

5Y Dividends CAGR

Winner

PBTP

27.17%

HIPS

1.61%

P/S Ratio

PBTP

N/A

HIPS

2.41

P/B Ratio

PBTP

N/A

HIPS

1.12

PBTP vs HIPS - Historical Returns

Returns include dividend reinvestment.

Period	PBTP	HIPS
1 month	+0.51%	+3.70%
3 months	+0.41%	+4.06%
6 months	+1.53%	+5.53%
1 year	+2.84%	+8.55%
5 years(CAGR)	+3.13%	+4.83%
10 years(CAGR)	+3.35%	+5.14%
Max(CAGR)	+3.35%	+4.45%

PBTP

+0.51%

Winner

HIPS

+3.70%

PBTP

+0.41%

Winner

HIPS

+4.06%

PBTP

+1.53%

Winner

HIPS

+5.53%

PBTP

+2.84%

Winner

HIPS

+8.55%

5Y(CAGR)

PBTP

+3.13%

Winner

HIPS

+4.83%

10Y(CAGR)

PBTP

+3.35%

Winner

HIPS

+5.14%

Max(CAGR)

PBTP

+3.35%

Winner

HIPS

+4.45%

PBTP vs HIPS - Annual Returns (2015 - 2026)

Returns include dividend reinvestment.

Year	PBTP	HIPS
2026	+2.24%	+7.13%
2025	+5.90%	+0.92%
2024	+4.79%	+14.22%
2023	+4.57%	+14.87%
2022	-3.02%	-13.14%
2021	+5.41%	+24.50%
2020	+4.75%	-11.19%
2019	+4.74%	+22.36%
2018	+0.59%	-10.35%
2017	+0.04%	+5.25%
2016	N/A	+22.17%
2015	N/A	-15.30%

PBTP vs HIPS Drawdown Comparison

The maximum drawdown for PBTP was -5.44%, occurring on Sep 30, 2022. Recovery took 443 trading sessions.

The maximum drawdown for HIPS was -53.03%, occurring on Mar 23, 2020. Recovery took 302 trading sessions.

The current HIPS drawdown is -0.17%.

Rank	PBTP	HIPS
#1	-5.44% Mar 11, 2022 - Dec 14, 2023	-53.03% Feb 20, 2020 - May 3, 2021
#2	-5.35% Mar 5, 2020 - Jun 8, 2020	-32.09% Feb 5, 2015 - Dec 9, 2016
#3	-2.18% Nov 17, 2021 - Mar 1, 2022	-21.31% Nov 16, 2021 - Feb 23, 2024
#4	-1.04% Nov 15, 2018 - Jan 31, 2019	-18.70% Aug 24, 2018 - Apr 15, 2019
#5	-1.03% Apr 30, 2025 - Jun 26, 2025	-15.41% Feb 20, 2025 - Jan 14, 2026
#6	-1.00% Apr 3, 2025 - Apr 28, 2025	-11.12% Jan 23, 2018 - Jul 6, 2018
#7	-0.97% Aug 24, 2018 - Nov 15, 2018	-6.26% Jun 14, 2021 - Oct 14, 2021
#8	-0.81% Sep 24, 2024 - Jan 15, 2025	-5.73% Apr 15, 2019 - Jul 16, 2019
#9	-0.75% Jun 2, 2026 - Aug 20, 2026	-5.69% Jul 19, 2017 - Jan 16, 2018
#10	-0.68% Jan 31, 2024 - Mar 1, 2024	-5.59% May 1, 2026 - Aug 14, 2026
#11	-0.66% Mar 17, 2026 - Apr 7, 2026	-5.44% Jul 31, 2024 - Aug 26, 2024
#12	-0.63% Aug 3, 2021 - Aug 27, 2021	-4.87% Dec 2, 2024 - Feb 14, 2025
#13	-0.63% May 18, 2021 - Jul 2, 2021	-4.63% Jul 24, 2019 - Sep 19, 2019
#14	-0.60% Feb 12, 2021 - Mar 2, 2021	-4.52% Jan 16, 2026 - Apr 15, 2026
#15	-0.53% Oct 22, 2025 - Jan 7, 2026	-4.42% Feb 21, 2017 - Apr 25, 2017

Correlation

Correlation between PBTP and HIPS is 0.86 which considered as a strong positive correlation - the stocks tend to move together.

0.86

-101

Dividend Comparison (2015 - 2026)

PBTP vs HIPS dividend yield comparison.

Year	PBTP	HIPS
2026	2.77%	6.35%
2025	3.82%	11.04%
2024	2.59%	10.04%
2023	2.36%	10.32%
2022	5.33%	10.76%
2021	3.12%	8.43%
2020	1.25%	9.50%
2019	2.12%	6.93%
2018	2.33%	8.66%
2017	0.73%	7.28%
2016	0.00%	7.20%
2015	0.00%	8.17%