FlexShares iBoxx 5-Year Target Duration TIPS… (TDTF) Performance
TDTF total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +0.1% since Dec 31, 2025
- 1 year
- −0.4% total return
- 5 years
- +0.9% a year
- 10 years
- +2.6% a year
- Since first price
- +2.1% a year since 2011
TDTF trailing returns vs SPY, QQQ, AGG
| Period | TDTF total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +1.4% | +1.4% | −1.0% | −5.0% | +0.9% |
| 3 months | −0.6% | −1.4% | +3.2% | +1.9% | −0.4% |
| 6 months | −1.6% | −5.0% | +7.8% | +8.4% | −1.5% |
| YTD | +0.1% | −3.7% | +12.3% | +15.1% | −1.0% |
| 1 year | −0.4% | −5.3% | +14.4% | +15.9% | −1.1% |
| 3 years | +15.7%+5.0%/yr | +1.3% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +4.8%+0.9%/yr | −17.6% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +29.6%+2.6%/yr | −9.4% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| 15 years | +38.9%+2.2%/yr | −7.1% | +696.0%+14.8%/yr | +1,299.3%+19.2%/yr | +32.2%+1.9%/yr |
| Since inceptionSep 22, 2011 | +37.0%+2.1%/yr | −8.3% | — | — | — |
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: TDTF vs SPY
From Sep 22, 2011: TDTF grew to $13,699, SPY to $87,439.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
TDTF returns by calendar year
9 of 14 full years positive. Best 2020 (+10.0%), worst 2022 (−9.7%). 2026 is year to date.
TDTF annual returns table
| Year | TDTF | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +0.1% | −3.7% | +12.3% | +15.1% | −1.0% |
| 2025 | +7.8% | −2.6% | +17.7% | +20.8% | +7.2% |
| 2024 | +2.4% | −3.4% | +24.9% | +25.6% | +1.3% |
| 2023 | +4.1% | −5.6% | +26.2% | +54.9% | +5.7% |
| 2022 | −9.7% | −12.0% | −18.2% | −32.6% | −13.0% |
| 2021 | +5.5% | −2.2% | +28.7% | +27.4% | −1.8% |
| 2020 | +10.0% | −9.6% | +18.3% | +48.6% | +7.5% |
| 2019 | +8.0% | −1.9% | +31.2% | +39.0% | +8.5% |
| 2018 | −0.8% | −2.9% | −4.6% | −0.1% | +0.1% |
| 2017 | +1.9% | −1.6% | +21.7% | +32.7% | +3.6% |
| 2016 | +4.4% | −3.2% | +12.0% | +7.1% | +2.4% |
| 2015 | −0.3% | −3.4% | +1.2% | +9.4% | +0.5% |
| 2014 | −0.5% | −4.0% | +13.5% | +19.2% | +6.0% |
| 2013 | −5.3% | −6.7% | +32.3% | +36.6% | −2.0% |
| 2012 | +5.5% | −1.7% | +16.0% | +18.1% | +3.8% |
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.
TDTF largest drawdowns
Now 2.0% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Mar 8, 2022 | −12.0% | Nov 3, 2022 | Apr 3, 2025 | 8 months | 3.1 years |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
TDTF risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2011 |
|---|---|---|---|---|
| Annualized return | +4.2% | +0.7% | +2.4% | +2.0% |
| Volatility (annualized) | 4.1% | 5.8% | 4.7% | 4.4% |
| Sharpe ratio | -0.04 | -0.47 | 0.06 | 0.14 |
| Sortino ratio | -0.05 | -0.58 | 0.07 | 0.20 |
| Best month | +2.4% | +4.6% | +4.6% | +4.6% |
| Worst month | −2.5% | −6.1% | −6.1% | −6.1% |
| Best 12 months | +9.6% | +9.6% | +10.0% | +10.0% |
| Worst 12 months | −1.5% | −9.8% | −9.8% | −9.8% |
| Positive months | 61% | 55% | 61% | 59% |
| Beta vs S&P 500 | 0.13 | 0.24 | 0.16 | — |
| Correlation with S&P 500 | 0.40 | 0.64 | 0.51 | — |
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.
TDTF rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 170 | −9.8% | +2.4% | +10.0% | 68% |
| 3-year (a year) | 146 | −2.1% | +1.4% | +8.0% | 76% |
| 5-year (a year) | 122 | −0.3% | +2.3% | +4.9% | 93% |
| 10-year (a year) | 62 | +1.1% | +2.3% | +3.2% | 100% |
Every holding period starting at a month-end since 2011. Returns for 3 years and longer are annualized.
TDTF performance overview
FlexShares iBoxx 5-Year Target Duration TIPS… (TDTF) returned −0.4% over the past year and +2.6% a year over ten years, with distributions reinvested. Since its first recorded price in 2011 it has returned +2.1% a year, turning $10,000 into about $13,699. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −12.0%, from Mar 8, 2022 to Nov 3, 2022, and it took 2.4 years to get back to the old high. TDTF finished 9 of its 14 full calendar years with a gain; the best year was 2020 (+10.0%) and the worst 2022 (−9.7%). Volatility has been 4.4% a year.
Related: TDTF chart, TDTF dividends. See the TDTF overview for the latest quote and fund facts.
TDTF performance FAQ
What is the TDTF return over the past year?
TDTF returned −0.4% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 5.3%.
What is the average annual return of TDTF?
TDTF has returned +0.9% a year over 5 years, +2.6% a year over 10 years, +2.1% a year since September 22, 2011 (total return, distributions reinvested).
How much would $10,000 invested in TDTF be worth?
$10,000 invested in TDTF at its first recorded close on September 22, 2011 would be worth about $13,699 on October 23, 2026 with distributions reinvested.
What was the worst year for TDTF?
The worst calendar year was 2022, with a total return of −9.7%. The best was 2020 at +10.0%.
What is the biggest drawdown of TDTF?
The largest peak-to-trough decline was −12.0% between March 8, 2022 and November 3, 2022. It recovered to the old high on April 3, 2025, 2.4 years after the bottom.
How volatile is TDTF?
Over the past 3 years TDTF had an annualized volatility of 4.1% and a Sharpe ratio of -0.04 (excess return over 1–3 month T-bills per unit of risk).