CHIQ vs. IBID
CHIQ (Global X MSCI China Consumer Discretionary ETF) and IBID (iShares iBonds Oct 2027 Term TIPS ETF) are both exchange-traded funds - CHIQ is a China Equities fund tracking the MSCI China Consumer Discretionary 10/50 Index, while IBID is a Inflation-Protected Bonds fund tracking the ICE 2027 Maturity US Inflation-Linked Treasury Index. Both are passively managed. Over the past year, CHIQ returned -20.71% vs 3.92% for IBID. At a 0.00 correlation, their price movements are largely independent. CHIQ charges 0.65%/yr vs 0.10%/yr for IBID.
Performance
CHIQ vs. IBID - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CHIQ achieves a -23.02% return, which is significantly lower than IBID's 1.94% return.
CHIQ
- 1D
- -1.68%
- 1M
- -11.75%
- YTD
- -23.02%
- 6M
- -23.86%
- 1Y
- -20.71%
- 3Y*
- -0.66%
- 5Y*
- -12.72%
- 10Y*
- 6.04%
IBID
- 1D
- -0.05%
- 1M
- -0.25%
- YTD
- 1.94%
- 6M
- 2.03%
- 1Y
- 3.92%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
CHIQ vs. IBID - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
CHIQ Global X MSCI China Consumer Discretionary ETF | -23.02% | 13.69% | 10.74% | -5.31% |
IBID iShares iBonds Oct 2027 Term TIPS ETF | 1.94% | 5.66% | 4.71% | 2.61% |
Correlation
The correlation between CHIQ and IBID is -0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.04 |
Correlation (All Time) Calculated using the full available price history since Sep 15, 2023 | 0.00 |
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
CHIQ vs. IBID — Risk / Return Rank
CHIQ
IBID
CHIQ vs. IBID - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X MSCI China Consumer Discretionary ETF (CHIQ) and iShares iBonds Oct 2027 Term TIPS ETF (IBID). 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.
| CHIQ | IBID | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -4.12 | ||
| Sortino ratioReturn per unit of downside risk | -6.66 | ||
| Omega ratioGain probability vs. loss probability | 0.86 | 1.72 | -0.86 |
| Calmar ratioReturn relative to maximum drawdown | -0.63 | 7.20 | -7.84 |
| Martin ratioReturn relative to average drawdown | -1.52 | 29.14 | -30.65 |
Loading charts...
Drawdowns
CHIQ vs. IBID - Drawdown Comparison
The maximum CHIQ drawdown since its inception was -67.04%, which is greater than IBID's maximum drawdown of -1.28%. Use the drawdown chart below to compare losses from any high point for CHIQ and IBID.
Loading charts...
Drawdown Indicators
| CHIQ | IBID | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -67.04% | -1.28% | -65.76% |
Max Drawdown (1Y)Largest decline over 1 year | -32.87% | -0.55% | -32.32% |
Max Drawdown (3Y)Largest decline over 3 years | -32.87% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -59.95% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -67.04% | — | — |
Current DrawdownCurrent decline from peak | -59.61% | -0.55% | -59.06% |
Average DrawdownAverage peak-to-trough decline | -30.68% | -0.22% | -30.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.68% | 0.13% | +13.55% |
Volatility
CHIQ vs. IBID - Volatility Comparison
Global X MSCI China Consumer Discretionary ETF (CHIQ) has a higher volatility of 6.60% compared to iShares iBonds Oct 2027 Term TIPS ETF (IBID) at 0.35%. This indicates that CHIQ's price experiences larger fluctuations and is considered to be riskier than IBID based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CHIQ | IBID | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.60% | 0.35% | +6.25% |
Volatility (6M)Calculated over the trailing 6-month period | 16.22% | 0.86% | +15.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.46% | 1.23% | +21.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.74% | 2.24% | +35.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.43% | 2.24% | +30.19% |
CHIQ vs. IBID - Expense Ratio Comparison
CHIQ has a 0.65% expense ratio, which is higher than IBID's 0.10% expense ratio.
Dividends
CHIQ vs. IBID - Dividend Comparison
CHIQ's dividend yield for the trailing twelve months is around 1.92%, less than IBID's 3.68% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CHIQ Global X MSCI China Consumer Discretionary ETF | 1.92% | 1.48% | 2.65% | 2.26% | 0.38% | 0.00% | 0.11% | 1.05% | 2.71% | 0.62% | 1.51% | 4.86% |
IBID iShares iBonds Oct 2027 Term TIPS ETF | 3.68% | 4.43% | 4.24% | 0.81% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
CHIQ and IBID have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CHIQ has higher volatility (6.60%) compared to IBID (0.35%). In terms of maximum drawdown, CHIQ dropped -67.04% vs IBID's -1.28%.
On 1-year performance, IBID leads with 3.92% vs -20.71% for CHIQ. On fees, IBID is cheaper at 0.10% per year. On volatility, IBID has been the lower-risk option at 0.35%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, IBID has performed better with a 3.92% return vs -20.71%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IBID is cheaper with a 0.10% expense ratio, compared with 0.65% for CHIQ.
IBID has the higher dividend yield at 3.68%, compared with 1.92% for CHIQ.
CHIQ is categorized as China Equities, while IBID is Inflation-Protected Bonds. CHIQ tracks MSCI China Consumer Discretionary 10/50 Index, while IBID tracks ICE 2027 Maturity US Inflation-Linked Treasury Index. They also come from different issuers: Global X and iShares. Their fees differ too: 0.65% for CHIQ and 0.10% for IBID.
IBID currently has the higher Sharpe Ratio (3.19 vs -0.93), 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 CHIQ and IBID
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