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ICPIvsAPRZETF Comparison

ETF 1
ICPI

iShares 0-1 Year TIPS Bond ETF

This fund is part of
Money Market Bonds
-0%
VS
ETF 2
APRZ

TrueShares Structured Outcome (April) ETF - USD

This fund is part of
Options Strategies
-0.47%

iShares 0-1 Year TIPS Bond ETF (ICPI) belongs to the Money Market Bonds segment. TrueShares Structured Outcome (April) ETF - USD (APRZ) is part of the Options Strategies segment. Both ETFs have the same top 2 sector exposures: Sovereign and Non-Corporate. ICPI is less expensive with a Total Expense Ratio (TER) of 0.09%, versus 0.79% for APRZ. ICPI is up 3.2% year-to-date (YTD) with +$21M in YTD flows. APRZ performs better with 7.89% YTD performance, and +$15M in YTD flows. Run a side-by-side ETF comparison of ICPI and APRZ below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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ICPI vs APRZ performance and flow charts

Performance

0.00.51.01.52.0%Aug 3Aug 10Aug 17Aug 24Aug 31

Cumulative Flows

02,000,0004,000,0006,000,0008,000,000Aug 3Aug 10Aug 17Aug 24Aug 31

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Historic performance and flows
Data as of 09/01/2026
1M3MYTD1Y3Y5Y
Perf.
ICPI
APRZ
+0.45%+0.17%
+0.70%-0.02%
+3.20%+7.89%
n/a+13.54%
n/a+51.01%
n/a+61.32%
Flows
ICPI
APRZ
+$9M-
+$12M-$804K
+$21M+$15M
-+$17M
-+$23M
-+$22M
Volatility and drawdown
3M1Y3Y5Y
Volatility
ICPI
APRZ
+0.93%+11.24%
n/a+10.81%
n/a+11.70%
n/a+12.74%
Max drawdown
ICPI
APRZ
-0.29%-3.65%
n/a-8.53%
n/a-15.14%
n/a-18.15%
Max drawdown duration
ICPI
APRZ
34d62d
n/a94d
n/a127d
n/a527d
Trading data

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ICPI
APRZ
Last sale
9/2/2026 at 1:30 PM
$50.18
$40.29
Previous close
09/01/2026
$50.21
$40.61
Consolidated volume
09/01/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of September 2, 2026
1-year trailing difference

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APRZ
is actively managed and doesn’t replicate an index

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ICPI
APRZ
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 9/2/2026 at 1:30 PM
Live
Closed
ICPI
APRZ
Last price
$50.18
$40.29
1D performance
-0.05%
-0.79%
AuM$22.57 M$33.09 M
E/R0.09%0.79%
Characteristics
ICPI
APRZ
Management strategyPassiveActive
ProvideriSharesTrueShares
BenchmarkICE U.S. Treasury 0-1 Year Inflation Linked Bond Index-
N° of holdings52
Asset class--
Trailing 12m distribution yield
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Inception dateNovember 19, 2025April 1, 2021
ESGNoNo
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Exposure

Countries

ICPI
USA
100%
APRZ
USA
89.22%
Other
10.78%

Sectors

ICPI
Sovereign
99.79%
Other
0.21%
APRZ
Sovereign
89.12%
Other
10.88%
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Diversification

ICPI

Total weight of top 5 holdings out of 5

100%
APRZ

Total weight of top 2 holdings out of 2

89.22%

Top 15 holdings

Data as of July 31, 2026
ICPI
USA, TIPS 0.125% 15apr2027, USD (X-2027)
31.32%
USA, TIPS 0.125% 15oct2026, USD (AE-2026)
31.02%
USA, TIPS 0.375% 15jan2027, USD (A-2027)
24.82%
USA, TIPS 2.375% 15jan2027, USD
12.63%
BlackRock Liquidity T-Fund
0.21%
APRZ
USA, Bills 0% 18mar2027, USD (364D)
89.12%
State Street Institutional US Government Money Market Fund
0.09%
Frequently asked questions about ICPI and APRZ

How have the ICPI and APRZ ETFs performed in 2026?

As of September 1, 2026, ICPI is up 3.2% year-to-date (YTD), while APRZ has returned 7.89%. That puts APRZ better performer ahead so far this year.

Which ETF is attracting more investor money: ICPI or APRZ?

Year-to-date, the ICPI ETF saw +$21M in flows, compared to +$15M for APRZ.

Which ETF is bigger: ICPI or APRZ?

As of September 1, 2026, ICPI holds $22.57 M in assets under management (AUM), while APRZ manages $33.09 M.

What sectors do the ICPI and APRZ ETFs invest in?

ICPI leans toward sectors like Sovereign. Meanwhile, APRZ focuses on Sovereign.

What are the top holdings of the ICPI ETF and APRZ ETF?

ICPI top holdings include USA, TIPS 0.125% 15apr2027, USD (X-2027), USA, TIPS 0.125% 15oct2026, USD (AE-2026) and USA, TIPS 0.375% 15jan2027, USD (A-2027). APRZ holds in its top three: USA, Bills 0% 18mar2027, USD (364D) and State Street Institutional US Government Money Market Fund.

Which ETF is more diversified: ICPI or APRZ?

ICPI has 5 securities and APRZ has 2 securities.

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