BDVL vs. IBIC

Last updated Jun 24, 2026

BDVL (iShares Disciplined Volatility Equity Active ETF) and IBIC (iShares iBonds Oct 2026 Term TIPS ETF) are both exchange-traded funds - BDVL is a Global Equities fund tracking the MSCI ACWI Minimum Volatility Index, while IBIC is a Inflation-Protected Bonds fund tracking the ICE 2026 Maturity US Inflation-Linked Treasury Index. Both are passively managed. At a correlation of -0.23, they often move in opposite directions. BDVL charges 0.40%/yr vs 0.10%/yr for IBIC.

Performance

BDVL vs. IBIC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Disciplined Volatility Equity Active ETF (BDVL) and iShares iBonds Oct 2026 Term TIPS ETF (IBIC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BDVL achieves a 4.73% return, which is significantly higher than IBIC's 2.43% return.

BDVL

• 1D: -0.97%
• 1M: -0.75%
• YTD: 4.73%
• 6M: 4.36%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

IBIC

• 1D: 0.04%
• 1M: 0.12%
• YTD: 2.43%
• 6M: 2.57%
• 1Y: 4.42%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BDVL vs. IBIC - Yearly Performance Comparison

	2026 (YTD)	2025
BDVL iShares Disciplined Volatility Equity Active ETF	4.73%	2.20%
IBIC iShares iBonds Oct 2026 Term TIPS ETF	2.43%	0.71%

Correlation

The correlation between BDVL and IBIC is -0.23, 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 (All Time) Calculated using the full available price history since Sep 15, 2025	-0.23

Return for Risk

BDVL vs. IBIC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BDVL

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

IBIC

IBIC Risk / Return Rank: 98
IBIC Sharpe Ratio Rank: 98
IBIC Sortino Ratio Rank: 98
IBIC Omega Ratio Rank: 98
IBIC Calmar Ratio Rank: 98
IBIC Martin Ratio Rank: 98

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BDVL vs. IBIC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Disciplined Volatility Equity Active ETF (BDVL) 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.

	BDVL	IBIC	Difference
Sharpe ratio: Return per unit of total volatility	—	4.99	—
Sortino ratio: Return per unit of downside risk	—	8.97	—
Omega ratio: Gain probability vs. loss probability	—	2.22	—
Calmar ratio: Return relative to maximum drawdown	—	16.56	—
Martin ratio: Return relative to average drawdown	—	58.67	—

Drawdowns

BDVL vs. IBIC - Drawdown Comparison

The maximum BDVL drawdown since its inception was -7.71%, which is greater than IBIC's maximum drawdown of -0.90%. Use the drawdown chart below to compare losses from any high point for BDVL and IBIC.

Drawdown Indicators

	BDVL	IBIC	Difference
Max Drawdown Largest peak-to-trough decline	-7.71%	-0.90%	-6.81%
Max Drawdown (1Y) Largest decline over 1 year	—	-0.27%	—
Current Drawdown Current decline from peak	-1.41%	-0.08%	-1.33%
Average Drawdown Average peak-to-trough decline	-1.18%	-0.10%	-1.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.08%	—

Volatility

Volatility by Period

	BDVL	IBIC	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.17%	—
Volatility (6M) Calculated over the trailing 6-month period	—	0.67%	—
Volatility (1Y) Calculated over the trailing 1-year period	9.71%	0.89%	+8.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.71%	1.56%	+8.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.71%	1.56%	+8.15%

BDVL vs. IBIC - Expense Ratio Comparison

BDVL has a 0.40% expense ratio, which is higher than IBIC's 0.10% expense ratio.

Dividends

BDVL vs. IBIC - Dividend Comparison

BDVL's dividend yield for the trailing twelve months is around 3.56%, which matches IBIC's 3.58% yield.

Position	TTM	2025	2024	2023
BDVL iShares Disciplined Volatility Equity Active ETF	3.56%	2.79%	0.00%	0.00%
IBIC iShares iBonds Oct 2026 Term TIPS ETF	3.58%	4.43%	4.65%	0.83%

Frequently Asked Questions

Can I hold both BDVL and IBIC in my portfolio?

BDVL and IBIC have a correlation of -0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BDVL or IBIC?

On fees, IBIC is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BDVL or IBIC?

IBIC is cheaper with a 0.10% expense ratio, compared with 0.40% for BDVL.

Which ETF pays a higher dividend yield, BDVL or IBIC?

IBIC has the higher dividend yield at 3.58%, compared with 3.56% for BDVL.

What is the main difference between BDVL and IBIC?

BDVL is categorized as Global Equities, while IBIC is Inflation-Protected Bonds. BDVL tracks MSCI ACWI Minimum Volatility Index, while IBIC tracks ICE 2026 Maturity US Inflation-Linked Treasury Index. Their fees differ too: 0.40% for BDVL and 0.10% for IBIC.