AFLG vs. IBIC
AFLG (First Trust Active Factor Large Cap ETF) and IBIC (iShares iBonds Oct 2026 Term TIPS ETF) are both exchange-traded funds - AFLG is a Large Cap Growth Equities fund tracking the Goldman Sachs ActiveBeta U.S. Large Cap Equity Index, while IBIC is a Inflation-Protected Bonds fund tracking the ICE 2026 Maturity US Inflation-Linked Treasury Index. Both are passively managed. Over the past year, AFLG returned 23.41% vs 3.98% for IBIC. Their -0.04 correlation means they have often moved in opposite directions in the past. AFLG charges 0.55%/yr vs 0.10%/yr for IBIC.
Performance
AFLG vs. IBIC - Performance Comparison
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Returns By Period
In the year-to-date period, AFLG achieves a 15.37% return, which is significantly higher than IBIC's 2.63% return.
AFLG
- 1D
- -0.46%
- 1M
- 3.80%
- 6M
- 12.49%
- YTD
- 15.37%
- 1Y
- 23.41%
- 3Y*
- 21.75%
- 5Y*
- 12.64%
- 10Y*
- —
- ALL TIME*
- 14.17%
IBIC
- 1D
- -0.04%
- 1M
- 0.18%
- 6M
- 2.33%
- YTD
- 2.63%
- 1Y
- 3.98%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 5.22%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $3.21M | $3.12M | $2.75M | |
| $985.11K | $822.88K | $536.84K |
AFLG vs. IBIC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
AFLG First Trust Active Factor Large Cap ETF | 15.37% | 14.23% | 27.02% | 7.72% |
IBIC iShares iBonds Oct 2026 Term TIPS ETF | 2.63% | 4.96% | 5.25% | 2.17% |
Correlation
The correlation between AFLG and IBIC is -0.20, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.20 |
Correlation (All Time) Calculated using the full available price history since Sep 15, 2023 | -0.04 |
The correlation between AFLG and IBIC shifts across timeframes, from -0.20 (1 year) to -0.04 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
AFLG vs. IBIC — Risk / Return Rank
AFLG
IBIC
AFLG vs. IBIC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Active Factor Large Cap ETF (AFLG) and iShares iBonds Oct 2026 Term TIPS ETF (IBIC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AFLG | IBIC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.56 | ||
| Sortino ratioReturn per unit of downside risk | -5.27 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 2.07 | -0.72 |
| Calmar ratioReturn relative to maximum drawdown | 2.87 | 14.92 | -12.05 |
| Martin ratioReturn relative to average drawdown | 12.35 | 50.81 | -38.46 |
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Drawdowns
AFLG vs. IBIC - Drawdown Comparison
The maximum AFLG drawdown since its inception was -35.84%, which is greater than IBIC's maximum drawdown of -0.90%. Use the drawdown chart below to compare losses from any high point for AFLG and IBIC.
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Drawdown Indicators
| AFLG | IBIC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.84% | -0.90% | -34.94% |
Max Drawdown (1Y)Largest decline over 1 year | -8.19% | -0.27% | -7.92% |
Max Drawdown (3Y)Largest decline over 3 years | -17.49% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -23.48% | — | — |
Current DrawdownCurrent decline from peak | -0.46% | -0.12% | -0.34% |
Average DrawdownAverage peak-to-trough decline | -5.60% | -0.10% | -5.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.90% | 0.08% | +1.82% |
Volatility
AFLG vs. IBIC - Volatility Comparison
First Trust Active Factor Large Cap ETF (AFLG) has a higher volatility of 3.22% compared to iShares iBonds Oct 2026 Term TIPS ETF (IBIC) at 0.23%. This indicates that AFLG's price experiences larger fluctuations and is considered to be riskier than IBIC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AFLG | IBIC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.22% | 0.23% | +2.99% |
Volatility (6M)Calculated over the trailing 6-month period | 9.49% | 0.69% | +8.80% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.03% | 0.88% | +11.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.88% | 1.54% | +14.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.06% | 1.54% | +17.52% |
AFLG vs. IBIC - Expense Ratio Comparison
AFLG has a 0.55% expense ratio, which is higher than IBIC's 0.10% expense ratio.
Dividends
AFLG vs. IBIC - Dividend Comparison
AFLG's dividend yield for the trailing twelve months is around 0.69%, less than IBIC's 4.62% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
AFLG First Trust Active Factor Large Cap ETF | 0.69% | 0.84% | 0.53% | 1.53% | 1.52% | 0.93% | 1.28% | 0.20% |
IBIC iShares iBonds Oct 2026 Term TIPS ETF | 4.62% | 4.43% | 4.65% | 0.83% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
AFLG and IBIC have a correlation of -0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AFLG has higher volatility (3.22%) compared to IBIC (0.23%). In terms of maximum drawdown, AFLG dropped -35.84% vs IBIC's -0.90%.
On 1-year performance, AFLG leads with 23.41% vs 3.98% for IBIC. On fees, IBIC is cheaper at 0.10% per year. On volatility, IBIC has been the lower-risk option at 0.23%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, AFLG has performed better with a 23.41% return vs 3.98%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IBIC is cheaper with a 0.10% expense ratio, compared with 0.55% for AFLG.
IBIC has the higher dividend yield at 4.62%, compared with 0.69% for AFLG.
AFLG is categorized as Large Cap Growth Equities, while IBIC is Inflation-Protected Bonds. AFLG tracks Goldman Sachs ActiveBeta U.S. Large Cap Equity Index, while IBIC tracks ICE 2026 Maturity US Inflation-Linked Treasury Index. They also come from different issuers: First Trust and iShares. Their fees differ too: 0.55% for AFLG and 0.10% for IBIC.
IBIC currently has the higher Sharpe Ratio (4.52 vs 1.96), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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