TIPX vs FPEI

Comparison between STATE STREET(R) SPDR(R) BLOOMBERG 1-10 YEAR TIPS ETF (TIPX, ETF) and FIRST TRUST INSTITUTIONAL PREFERRED SECURITIES AND INCOME ETF (FPEI, ETF).

5-Year PerformanceFPEI has outperformed TIPX, delivering a return of +4.2% compared to +2.1%

TIPX vs FPEI - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	TIPX(ETF)	FPEI(ETF)
Net Assets	$1.90B	$1.90B
Expense Ratio	0.15%	0.85%
Max Drawdown	16.71%	27.77%
Sharpe Ratio	-0.08	1.08
5Y Beta	0.01	0.15
5Y Dividends CAGR	14.41%	3.10%

Net Assets

TIPX

$1.90B

FPEI

$1.90B

Expense Ratio

Winner

TIPX

0.15%

FPEI

0.85%

Max Drawdown

Winner

TIPX

16.71%

FPEI

27.77%

Sharpe Ratio

TIPX

-0.08

Winner

FPEI

1.08

5Y Beta

Winner

TIPX

0.01

FPEI

0.15

5Y Dividends CAGR

Winner

TIPX

14.41%

FPEI

3.10%

TIPX vs FPEI - Historical Returns

Returns include dividend reinvestment.

Period	TIPX	FPEI
1 month	-0.32%	+0.81%
3 months	+0.33%	+2.57%
6 months	+0.97%	+2.11%
1 year	+3.45%	+7.87%
5 years(CAGR)	+2.13%	+4.18%
10 years(CAGR)	+2.85%	+5.00%
Max(CAGR)	+2.22%	+5.00%

TIPX

-0.32%

Winner

FPEI

+0.81%

TIPX

+0.33%

Winner

FPEI

+2.57%

TIPX

+0.97%

Winner

FPEI

+2.11%

TIPX

+3.45%

Winner

FPEI

+7.87%

5Y(CAGR)

TIPX

+2.13%

Winner

FPEI

+4.18%

10Y(CAGR)

TIPX

+2.85%

Winner

FPEI

+5.00%

Max(CAGR)

TIPX

+2.22%

Winner

FPEI

+5.00%

TIPX vs FPEI - Annual Returns (2013 - 2026)

Returns include dividend reinvestment.

Year	TIPX	FPEI
2026	+0.81%	+1.69%
2025	+7.03%	+9.64%
2024	+3.25%	+11.19%
2023	+4.32%	+5.88%
2022	-7.43%	-8.28%
2021	+5.29%	+4.74%
2020	+8.13%	+6.95%
2019	+6.48%	+16.30%
2018	-0.21%	-4.22%
2017	+1.64%	+2.22%
2016	+2.89%	N/A
2015	-0.07%	N/A
2014	+0.56%	N/A
2013	-3.58%	N/A

TIPX vs FPEI Drawdown Comparison

The maximum drawdown for TIPX was -10.04%, occurring on Sep 30, 2022. Recovery took 634 trading sessions.

The maximum drawdown for FPEI was -27.51%, occurring on Mar 23, 2020. Recovery took 184 trading sessions.

The current TIPX drawdown is -1.19%. The current FPEI drawdown is -0.08%.

Rank	TIPX	FPEI
#1	-10.04% Mar 8, 2022 - Sep 16, 2024	-27.51% Feb 18, 2020 - Nov 6, 2020
#2	-7.96% Mar 5, 2020 - May 28, 2020	-16.45% Sep 22, 2021 - Mar 20, 2024
#3	-5.26% Aug 15, 2014 - Jun 10, 2016	-6.01% Jan 26, 2018 - Mar 29, 2019
#4	-4.95% Jun 5, 2013 - Jun 30, 2014	-4.26% Feb 28, 2025 - May 13, 2025
#5	-3.97% Jul 6, 2016 - Mar 8, 2019	-3.62% Feb 20, 2026 - Jun 1, 2026
#6	-3.49% Nov 17, 2021 - Mar 7, 2022	-1.98% Feb 18, 2021 - Apr 13, 2021
#7	-2.32% Sep 24, 2024 - Feb 24, 2025	-1.92% Mar 26, 2024 - May 6, 2024
#8	-2.03% Apr 3, 2025 - Jun 25, 2025	-1.56% Dec 11, 2024 - Feb 5, 2025
#9	-1.78% Feb 11, 2021 - Apr 26, 2021	-1.21% Sep 30, 2024 - Dec 6, 2024
#10	-1.41% Aug 28, 2019 - Jan 2, 2020	-1.13% Nov 3, 2017 - Dec 29, 2017
#11	-1.29% Mar 17, 2026 - Apr 14, 2026	-0.97% Aug 1, 2024 - Aug 13, 2024
#12	-1.19% May 1, 2026 - Jun 23, 2026	-0.92% Oct 28, 2025 - Nov 28, 2025
#13	-1.13% Jun 30, 2014 - Aug 14, 2014	-0.92% Jul 29, 2019 - Aug 22, 2019
#14	-1.06% Jun 10, 2021 - Jul 2, 2021	-0.79% May 19, 2025 - May 29, 2025
#15	-1.03% Aug 3, 2021 - Sep 9, 2021	-0.78% May 2, 2019 - Jun 6, 2019

Correlation

Correlation between TIPX and FPEI is 0.95 which considered as a very strong positive correlation - the stocks move almost identically together.

0.95

-101

Dividend Comparison (2013 - 2026)

TIPX vs FPEI dividend yield comparison.

Year	TIPX	FPEI
2026	2.16%	2.37%
2025	3.78%	5.62%
2024	3.57%	5.55%
2023	3.56%	5.76%
2022	6.08%	5.20%
2021	4.26%	4.46%
2020	1.73%	4.90%
2019	2.53%	5.02%
2018	1.90%	5.81%
2017	2.84%	1.50%
2016	1.04%	0.00%
2015	0.06%	0.00%
2014	1.52%	0.00%
2013	0.25%	0.00%