CLOB vs. IBID

Last updated Jun 24, 2026

CLOB (VanEck AA-BB CLO ETF) and IBID (iShares iBonds Oct 2027 Term TIPS ETF) are both exchange-traded funds - CLOB is a CLO fund actively managed by VanEck, while IBID is a Inflation-Protected Bonds fund tracking the ICE 2027 Maturity US Inflation-Linked Treasury Index. CLOB is actively managed, while IBID is passively managed. Over the past year, CLOB returned 6.15% vs 3.92% for IBID. At a correlation of -0.05, they often move in opposite directions. CLOB charges 0.45%/yr vs 0.10%/yr for IBID.

Performance

CLOB vs. IBID - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck AA-BB CLO ETF (CLOB) and iShares iBonds Oct 2027 Term TIPS ETF (IBID). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with CLOB having a 1.95% return and IBID slightly lower at 1.94%.

CLOB

• 1D: -0.00%
• 1M: 0.19%
• YTD: 1.95%
• 6M: 1.99%
• 1Y: 6.15%
• 3Y*: —
• 5Y*: —
• 10Y*: —

IBID

• 1D: -0.05%
• 1M: -0.25%
• YTD: 1.94%
• 6M: 2.03%
• 1Y: 3.92%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CLOB vs. IBID - Yearly Performance Comparison

	2026 (YTD)	2025	2024
CLOB VanEck AA-BB CLO ETF	1.95%	6.94%	2.77%
IBID iShares iBonds Oct 2027 Term TIPS ETF	1.94%	5.66%	-0.34%

Correlation

The correlation between CLOB and IBID 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 25, 2024	-0.05

Return for Risk

CLOB vs. IBID — Risk / Return Rank

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

CLOB

CLOB Risk / Return Rank: 72
CLOB Sharpe Ratio Rank: 68
CLOB Sortino Ratio Rank: 71
CLOB Omega Ratio Rank: 80
CLOB Calmar Ratio Rank: 67
CLOB Martin Ratio Rank: 76

IBID

IBID Risk / Return Rank: 95
IBID Sharpe Ratio Rank: 94
IBID Sortino Ratio Rank: 96
IBID Omega Ratio Rank: 95
IBID Calmar Ratio Rank: 95
IBID Martin Ratio Rank: 95

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.

CLOB vs. IBID - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck AA-BB CLO ETF (CLOB) 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.

	CLOB	IBID	Difference
Sharpe ratio: Return per unit of total volatility	2.10	3.19	-1.09
Sortino ratio: Return per unit of downside risk	3.02	5.38	-2.36
Omega ratio: Gain probability vs. loss probability	1.45	1.72	-0.27
Calmar ratio: Return relative to maximum drawdown	3.16	7.20	-4.04
Martin ratio: Return relative to average drawdown	13.58	29.14	-15.56

CLOB vs. IBID - Sharpe Ratio Comparison

The current CLOB Sharpe Ratio is 2.10, which is lower than the IBID Sharpe Ratio of 3.19. The chart below compares the historical Sharpe Ratios of CLOB and IBID, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

CLOB vs. IBID - Drawdown Comparison

The maximum CLOB drawdown since its inception was -5.54%, which is greater than IBID's maximum drawdown of -1.28%. Use the drawdown chart below to compare losses from any high point for CLOB and IBID.

Drawdown Indicators

	CLOB	IBID	Difference
Max Drawdown Largest peak-to-trough decline	-5.54%	-1.28%	-4.26%
Max Drawdown (1Y) Largest decline over 1 year	-1.96%	-0.55%	-1.41%
Current Drawdown Current decline from peak	-0.19%	-0.55%	+0.36%
Average Drawdown Average peak-to-trough decline	-0.30%	-0.22%	-0.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.45%	0.13%	+0.32%

Volatility

CLOB vs. IBID - Volatility Comparison

VanEck AA-BB CLO ETF (CLOB) has a higher volatility of 0.43% compared to iShares iBonds Oct 2027 Term TIPS ETF (IBID) at 0.35%. This indicates that CLOB'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.

Volatility by Period

	CLOB	IBID	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.43%	0.35%	+0.08%
Volatility (6M) Calculated over the trailing 6-month period	2.44%	0.86%	+1.58%
Volatility (1Y) Calculated over the trailing 1-year period	2.95%	1.23%	+1.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.45%	2.24%	+3.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.45%	2.24%	+3.21%

CLOB vs. IBID - Expense Ratio Comparison

CLOB has a 0.45% expense ratio, which is higher than IBID's 0.10% expense ratio.

Dividends

CLOB vs. IBID - Dividend Comparison

CLOB's dividend yield for the trailing twelve months is around 6.42%, more than IBID's 3.68% yield.

Position	TTM	2025	2024	2023
CLOB VanEck AA-BB CLO ETF	6.42%	6.61%	1.65%	0.00%
IBID iShares iBonds Oct 2027 Term TIPS ETF	3.68%	4.43%	4.24%	0.81%

Frequently Asked Questions

Can I hold both CLOB and IBID in my portfolio?

CLOB and IBID 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.

Which is riskier, CLOB or IBID?

CLOB has higher volatility (0.43%) compared to IBID (0.35%). In terms of maximum drawdown, CLOB dropped -5.54% vs IBID's -1.28%.

Which ETF is better, CLOB or IBID?

On 1-year performance, CLOB leads with 6.15% vs 3.92% for IBID. On fees, IBID is cheaper at 0.10% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, CLOB or IBID?

Over the 1-year period, CLOB has performed better with a 6.15% return vs 3.92%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, CLOB or IBID?

IBID is cheaper with a 0.10% expense ratio, compared with 0.45% for CLOB.

Which ETF pays a higher dividend yield, CLOB or IBID?

CLOB has the higher dividend yield at 6.42%, compared with 3.68% for IBID.

What is the main difference between CLOB and IBID?

CLOB is categorized as CLO, while IBID is Inflation-Protected Bonds. They also come from different issuers: VanEck and iShares. Their fees differ too: 0.45% for CLOB and 0.10% for IBID.

Which has better risk-adjusted returns?

IBID currently has the higher Sharpe Ratio (3.19 vs 2.10), 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.