American Beacon Ionic Inflation Protection ETF (CPII) Performance
CPII total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +4.8% since Dec 31, 2025
- 1 year
- +4.3% total return
- 3 years
- +3.4% a year
- Since first price
- +3.8% a year since 2022
CPII trailing returns vs SPY, QQQ, AGG
| Period | CPII total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +0.5% | +0.5% | −1.0% | −5.0% | +0.9% |
| 3 months | +1.1% | +0.4% | +3.2% | +1.9% | −0.4% |
| 6 months | +2.1% | −0.9% | +7.8% | +8.4% | −1.5% |
| YTD | +4.8% | +1.2% | +12.3% | +15.1% | −1.0% |
| 1 year | +4.3% | −0.2% | +14.4% | +15.9% | −1.1% |
| 3 years | +10.7%+3.4%/yr | −6.0% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| Since inceptionJun 29, 2022 | +17.6%+3.8%/yr | −4.5% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: CPII vs SPY
From Jun 29, 2022: CPII grew to $11,764, SPY to $21,132.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
CPII returns by calendar year
3 of 3 full years positive. Best 2024 (+6.0%), worst 2023 (+1.8%). 2026 is year to date.
CPII annual returns table
| Year | CPII | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +4.8% | −2.1% | +12.3% | +15.1% | −1.0% |
| 2025 | +2.8% | −1.5% | +17.7% | +20.8% | +7.2% |
| 2024 | +6.0% | −4.0% | +24.9% | +25.6% | +1.3% |
| 2023 | +1.8% | −4.4% | +26.2% | +54.9% | +5.7% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
CPII risk statistics
| Statistic | 3 years | Since 2022 |
|---|---|---|
| Annualized return | +3.9% | +3.8% |
| Volatility (annualized) | 3.5% | 4.3% |
| Sharpe ratio | -0.13 | -0.08 |
| Sortino ratio | -0.18 | -0.12 |
| Best month | +2.8% | +3.1% |
| Worst month | −2.3% | −2.6% |
| Best 12 months | +7.1% | +8.0% |
| Worst 12 months | +1.6% | +0.5% |
| Positive months | 56% | 57% |
| Beta vs S&P 500 | -0.10 | — |
| Correlation with S&P 500 | -0.36 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
CPII rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 41 | +0.5% | +3.8% | +8.0% | 100% |
| 3-year (a year) | 17 | +2.9% | +3.9% | +5.1% | 100% |
Every holding period starting at a month-end since 2022. Returns for 3 years and longer are annualized.
CPII performance overview
American Beacon Ionic Inflation Protection ETF (CPII) returned +4.3% over the past year, with distributions reinvested. Since its first recorded price in 2022 it has returned +3.8% a year, turning $10,000 into about $11,764. Over the same year S&P 500 (SPY) returned +14.4%.
Related: CPII chart, CPII dividends. See the CPII overview for the latest quote and fund facts.
CPII performance FAQ
What is the CPII return over the past year?
CPII returned +4.3% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 0.2%.
How much would $10,000 invested in CPII be worth?
$10,000 invested in CPII at its first recorded close on June 29, 2022 would be worth about $11,764 on October 23, 2026 with distributions reinvested.
What was the worst year for CPII?
The worst calendar year was 2023, with a total return of +1.8%. The best was 2024 at +6.0%.
How volatile is CPII?
Over the past 3 years CPII had an annualized volatility of 3.5% and a Sharpe ratio of -0.13 (excess return over 1–3 month T-bills per unit of risk).