| STIP | |
|---|---|
| Total return | +34.2% |
| Annualised (CAGR) | +3.0% |
| Volatility (annualised) | +2.3% |
| Sharpe (rf = 0) | 1.30 |
| Deepest drawdown | -5.5% |
| Drawdown peak → trough | 2022-03-11 → 2022-09-30 |
| Dividend yield (12m distributions) | 4.98% (as of 2026-09-29) |
| Rebalancing (from its prospectus) | Monthly |
Rebalancing: per the fund's prospectus summary, its index is rebalanced monthly. That schedule is set by the index provider, not by a view on where the market is going — and it says nothing about how often you should rebalance a portfolio; that side is covered in how often index funds rebalance.
Over the 10.0 years to 2026-09-29 the fund returned +34.2% in total (+3.0% a year), with a deepest drawdown of -5.5% from 2022-03-11 to 2022-09-30. Its worst calendar year was 2022 (-3.0%), its best 2025 (+6.0%).
| Year | STIP |
|---|---|
| 2026 | +0.9% |
| 2025 | +6.0% |
| 2024 | +4.8% |
| 2023 | +4.6% |
| 2022 | -3.0% |
| 2021 | +5.7% |
| 2020 | +5.2% |
| 2019 | +4.9% |
| 2018 | +0.5% |
| 2017 | +0.7% |
| 2016 | -0.1% |
+34.2% in total, which works out to +3.0% a year over the 10 years to 2026-09-29. Both figures assume dividends were reinvested and the fund's own fees were already deducted, so they are what an investor would have kept — before tax.
2022 — its calendar-year return was -3.0% (net of fees, dividends reinvested). Its best year was 2025 (+6.0%).
-5.5%, from a peak on 2022-03-11 to a trough on 2022-09-30. From that trough it took 440 days (about 14.5 months) to climb back to the earlier peak.
Over the last 12 months it distributed 4.98% of its share price (as of 2026-09-29). That is a past distribution, not a promise of future income, and it is already counted in every return figure on this page.
It does not say STIP is a good or bad fund, and it is not a forecast. Returns above are history: they already include dividends and already exclude the fund's own fees. A drawdown of -5.5% means an investor who bought at the peak would have watched that much value disappear before it recovered — how long that takes is the part most tables leave out.