BABX vs. IBIC
BABX (GraniteShares 2x Long BABA Daily ETF) and IBIC (iShares iBonds Oct 2026 Term TIPS ETF) are both exchange-traded funds - BABX is a Leveraged Equities fund actively managed by GraniteShares, while IBIC is a Inflation-Protected Bonds fund tracking the ICE 2026 Maturity US Inflation-Linked Treasury Index. BABX is actively managed, while IBIC is passively managed. Over the past year, BABX returned -12.32% vs 4.49% for IBIC. At a correlation of -0.02, they often move in opposite directions. BABX charges 1.15%/yr vs 0.10%/yr for IBIC.
Performance
BABX vs. IBIC - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BABX achieves a -34.02% return, which is significantly lower than IBIC's 2.34% return.
BABX
- 1D
- -2.02%
- 1M
- -11.70%
- YTD
- -34.02%
- 6M
- -43.39%
- 1Y
- -12.32%
- 3Y*
- 5.92%
- 5Y*
- —
- 10Y*
- —
IBIC
- 1D
- -0.03%
- 1M
- 0.28%
- YTD
- 2.34%
- 6M
- 2.50%
- 1Y
- 4.49%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BABX vs. IBIC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
BABX GraniteShares 2x Long BABA Daily ETF | -34.02% | 123.85% | 1.23% | -20.63% |
IBIC iShares iBonds Oct 2026 Term TIPS ETF | 2.34% | 4.96% | 5.25% | 2.17% |
Correlation
The correlation between BABX and IBIC is -0.13, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.13 |
Correlation (All Time) Calculated using the full available price history since Sep 18, 2023 | -0.02 |
The correlation between BABX and IBIC shifts across timeframes, from -0.13 (1 year) to -0.02 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BABX vs. IBIC — Risk / Return Rank
BABX
IBIC
BABX vs. IBIC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GraniteShares 2x Long BABA Daily ETF (BABX) 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.
| BABX | IBIC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -5.13 | ||
| Sortino ratioReturn per unit of downside risk | -8.56 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 2.22 | -1.17 |
| Calmar ratioReturn relative to maximum drawdown | -0.19 | 17.09 | -17.28 |
| Martin ratioReturn relative to average drawdown | -0.34 | 66.52 | -66.85 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| BABX | IBIC | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.14 | 4.99 | -5.13 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.03 | 3.48 | -3.51 |
Drawdowns
BABX vs. IBIC - Drawdown Comparison
The maximum BABX drawdown since its inception was -70.62%, which is greater than IBIC's maximum drawdown of -0.90%. Use the drawdown chart below to compare losses from any high point for BABX and IBIC.
Loading charts...
Drawdown Indicators
| BABX | IBIC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.62% | -0.90% | -69.72% |
Max Drawdown (1Y)Largest decline over 1 year | -64.86% | -0.26% | -64.60% |
Max Drawdown (3Y)Largest decline over 3 years | -64.86% | — | — |
Current DrawdownCurrent decline from peak | -62.76% | -0.16% | -62.60% |
Average DrawdownAverage peak-to-trough decline | -45.26% | -0.10% | -45.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 36.51% | 0.07% | +36.44% |
Volatility
BABX vs. IBIC - Volatility Comparison
GraniteShares 2x Long BABA Daily ETF (BABX) has a higher volatility of 29.33% compared to iShares iBonds Oct 2026 Term TIPS ETF (IBIC) at 0.32%. This indicates that BABX'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.
Loading charts...
Volatility by Period
| BABX | IBIC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 29.33% | 0.32% | +29.01% |
Volatility (6M)Calculated over the trailing 6-month period | 57.66% | 0.67% | +56.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 87.54% | 0.90% | +86.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 83.08% | 1.58% | +81.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 83.08% | 1.58% | +81.50% |
BABX vs. IBIC - Expense Ratio Comparison
BABX has a 1.15% expense ratio, which is higher than IBIC's 0.10% expense ratio.
Dividends
BABX vs. IBIC - Dividend Comparison
BABX has not paid dividends to shareholders, while IBIC's dividend yield for the trailing twelve months is around 3.59%.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
BABX GraniteShares 2x Long BABA Daily ETF | 0.00% | 0.00% | 0.00% | 0.00% |
IBIC iShares iBonds Oct 2026 Term TIPS ETF | 3.59% | 4.43% | 4.65% | 0.83% |
Frequently Asked Questions
BABX and IBIC have a correlation of -0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BABX has higher volatility (29.33%) compared to IBIC (0.32%). In terms of maximum drawdown, BABX dropped -70.62% vs IBIC's -0.90%.
On 1-year performance, IBIC leads with 4.49% vs -12.32% for BABX. On fees, IBIC is cheaper at 0.10% per year. On volatility, IBIC has been the lower-risk option at 0.32%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, IBIC has performed better with a 4.49% return vs -12.32%. 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 1.15% for BABX.
IBIC has the higher dividend yield at 3.59%, compared with 0.00% for BABX.
BABX is categorized as Leveraged Equities, while IBIC is Inflation-Protected Bonds. They also come from different issuers: GraniteShares and iShares. Their fees differ too: 1.15% for BABX and 0.10% for IBIC.
IBIC currently has the higher Sharpe Ratio (4.99 vs -0.14), 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.
Find the right allocation for BABX and IBIC
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer