PIMCO 1-5 Year U.S. TIPS Index… (STPZ) Performance
STPZ total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +1.4% since Dec 31, 2025
- 1 year
- +1.3% total return
- 5 years
- +2.4% a year
- 10 years
- +2.8% a year
- Since first price
- +2.4% a year since 2009
STPZ trailing returns vs AGG, TLT, SPY
| Period | STPZ total return | Price only | U.S. bonds (AGG) | 20+ yr Treasuries (TLT) | S&P 500 (SPY) |
|---|---|---|---|---|---|
| 1 month | +1.3% | +1.3% | +0.9% | +1.5% | −1.0% |
| 3 months | +0.1% | −0.6% | −0.4% | −1.0% | +3.2% |
| 6 months | −0.1% | −3.4% | −1.5% | −3.8% | +7.8% |
| YTD | +1.4% | −2.1% | −1.0% | −3.4% | +12.3% |
| 1 year | +1.3% | −3.2% | −1.1% | −6.9% | +14.4% |
| 3 years | +15.3%+4.8%/yr | +4.6% | +16.6%+5.2%/yr | +9.7%+3.1%/yr | +87.4%+23.3%/yr |
| 5 years | +12.8%+2.4%/yr | −4.6% | −0.8%−0.2%/yr | −32.5%−7.6%/yr | +79.3%+12.4%/yr |
| 10 years | +31.4%+2.8%/yr | −0.4% | +14.0%+1.3%/yr | −18.7%−2.0%/yr | +315.9%+15.3%/yr |
| 15 years | +33.9%+2.0%/yr | −1.7% | +32.2%+1.9%/yr | +9.9%+0.6%/yr | +696.0%+14.8%/yr |
| Since inceptionAug 21, 2009 | +49.9%+2.4%/yr | +5.1% | — | — | — |
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: STPZ vs AGG
From Aug 21, 2009: STPZ grew to $14,994, AGG to $15,173.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
STPZ returns by calendar year
12 of 16 full years positive. Best 2025 (+6.4%), worst 2022 (−4.5%). 2026 is year to date.
STPZ annual returns table
| Year | STPZ | Largest drop | AGG | TLT | SPY |
|---|---|---|---|---|---|
| 2026YTD | +1.4% | −1.8% | −1.0% | −3.4% | +12.3% |
| 2025 | +6.4% | −1.4% | +7.2% | +4.3% | +17.7% |
| 2024 | +4.3% | −1.1% | +1.3% | −8.1% | +24.9% |
| 2023 | +4.3% | −2.0% | +5.7% | +2.8% | +26.2% |
| 2022 | −4.5% | −6.7% | −13.0% | −31.2% | −18.2% |
| 2021 | +5.6% | −1.4% | −1.8% | −4.6% | +28.7% |
| 2020 | +5.4% | −6.8% | +7.5% | +18.2% | +18.3% |
| 2019 | +4.8% | −0.8% | +8.5% | +14.1% | +31.2% |
| 2018 | +0.2% | −1.0% | +0.1% | −1.6% | −4.6% |
| 2017 | +0.5% | −1.1% | +3.6% | +9.2% | +21.7% |
| 2016 | +2.9% | −1.3% | +2.4% | +1.2% | +12.0% |
| 2015 | −0.3% | −2.1% | +0.5% | −1.8% | +1.2% |
| 2014 | −1.4% | −3.5% | +6.0% | +27.3% | +13.5% |
| 2013 | −2.1% | −3.9% | −2.0% | −13.4% | +32.3% |
| 2012 | +2.3% | −1.2% | +3.8% | +2.6% | +16.0% |
| 2011 | +4.7% | −2.0% | +7.7% | +34.0% | +1.9% |
| 2010 | +3.5% | −1.9% | +6.4% | +9.0% | +15.1% |
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.
STPZ largest drawdowns
Now 0.5% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Mar 4, 2020 | −6.8% | Mar 18, 2020 | Jun 8, 2020 | 14 days | 3 months |
| Mar 11, 2022 | −6.7% | Sep 30, 2022 | Jun 4, 2024 | 7 months | 2.2 years |
Declines from a closing high (distributions reinvested) of 5% or more. Underwater = time from the peak until the old high was regained.
STPZ risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2009 |
|---|---|---|---|---|
| Annualized return | +4.5% | +2.3% | +2.6% | +2.3% |
| Volatility (annualized) | 2.3% | 3.3% | 2.7% | 2.6% |
| Sharpe ratio | 0.04 | -0.38 | 0.14 | 0.39 |
| Sortino ratio | 0.06 | -0.46 | 0.18 | 0.56 |
| Best month | +1.5% | +2.1% | +2.1% | +2.1% |
| Worst month | −1.3% | −3.6% | −3.6% | −3.6% |
| Best 12 months | +8.6% | +8.6% | +8.6% | +8.6% |
| Worst 12 months | +0.4% | −4.5% | −4.5% | −4.5% |
| Positive months | 69% | 63% | 63% | 59% |
| Beta vs S&P 500 | 0.04 | 0.11 | 0.09 | — |
| Correlation with S&P 500 | 0.22 | 0.54 | 0.52 | — |
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.
STPZ rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 195 | −4.5% | +2.3% | +8.6% | 75% |
| 3-year (a year) | 171 | −1.2% | +1.7% | +5.3% | 88% |
| 5-year (a year) | 147 | −0.2% | +2.2% | +3.9% | 95% |
| 10-year (a year) | 87 | +1.0% | +1.7% | +3.0% | 100% |
Every holding period starting at a month-end since 2009. Returns for 3 years and longer are annualized.
STPZ performance overview
PIMCO 1-5 Year U.S. TIPS Index… (STPZ) returned +1.3% over the past year and +2.8% a year over ten years, with distributions reinvested. Since its first recorded price in 2009 it has returned +2.4% a year, turning $10,000 into about $14,994. Over the same year U.S. bonds (AGG) returned −1.1%.
The deepest decline was −6.8%, from Mar 4, 2020 to Mar 18, 2020, and it took 3 months to get back to the old high. STPZ finished 12 of its 16 full calendar years with a gain; the best year was 2025 (+6.4%) and the worst 2022 (−4.5%). Volatility has been 2.6% a year.
Related: STPZ chart, STPZ dividends, STPZ bond profile. See the STPZ overview for the latest quote and fund facts.
STPZ performance FAQ
What is the STPZ return over the past year?
STPZ returned +1.3% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 3.2%.
What is the average annual return of STPZ?
STPZ has returned +2.4% a year over 5 years, +2.8% a year over 10 years, +2.4% a year since August 21, 2009 (total return, distributions reinvested).
How much would $10,000 invested in STPZ be worth?
$10,000 invested in STPZ at its first recorded close on August 21, 2009 would be worth about $14,994 on October 23, 2026 with distributions reinvested.
What was the worst year for STPZ?
The worst calendar year was 2022, with a total return of −4.5%. The best was 2025 at +6.4%.
What is the biggest drawdown of STPZ?
The largest peak-to-trough decline was −6.8% between March 4, 2020 and March 18, 2020. It recovered to the old high on June 8, 2020, 3 months after the bottom.
How volatile is STPZ?
Over the past 3 years STPZ had an annualized volatility of 2.3% and a Sharpe ratio of 0.04 (excess return over 1–3 month T-bills per unit of risk).