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GTO vs TIP

Invesco Total Return Bond ETF vs iShares TIPS Bond ETF

GTO

Invesco Total Return Bond ETF

Annual cost

0.35%

Fund size

$2.3B

TIP

iShares TIPS Bond ETF

Annual cost

0.18%

Fund size

$15.1B

Key differences

Both GTO and TIP are fixed income ETFs. GTO charges 0.35% a year and TIP 0.18%. The main difference: GTO follows a active selection strategy; TIP uses index tracking.

  • GTO follows a active selection strategy; TIP uses index tracking.
  • TIP costs 0.17% less per year.
  • TIP is much larger than GTO. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, GTO has delivered higher annualized returns.
  • TIP has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

GTOTIP
Annual cost (TER)0.35%0.18%
Fund size (AUM)$2.3B$15.1B
Since20162003
Dividend yield4.75%2.81%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+5.5%+4.3%
CAGR 3Y+4.6%+3.5%
CAGR 5Y+0.0%+0.9%
Sharpe 3Y0.21-0.00
Volatility 1Y3.43%3.42%
Max drawdown-20.75%-14.51%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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