CTEC vs. IBIC

Last updated Jun 24, 2026

CTEC (Global X CleanTech ETF) and IBIC (iShares iBonds Oct 2026 Term TIPS ETF) are both exchange-traded funds - CTEC is a Alternative Energy Equities fund tracking the Indxx Global CleanTech 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, CTEC returned 97.04% vs 4.42% for IBIC. At a 0.06 correlation, their price movements are largely independent. CTEC charges 0.50%/yr vs 0.10%/yr for IBIC.

Performance

CTEC vs. IBIC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X CleanTech ETF (CTEC) 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, CTEC achieves a 22.71% return, which is significantly higher than IBIC's 2.43% return.

CTEC

• 1D: -6.61%
• 1M: -11.86%
• YTD: 22.71%
• 6M: 19.40%
• 1Y: 97.04%
• 3Y*: -1.56%
• 5Y*: -7.77%
• 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)

CTEC vs. IBIC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
CTEC Global X CleanTech ETF	22.71%	57.85%	-36.35%	-9.42%
IBIC iShares iBonds Oct 2026 Term TIPS ETF	2.43%	4.96%	5.25%	2.17%

Correlation

The correlation between CTEC and IBIC is -0.09, 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	-0.09
Correlation (All Time) Calculated using the full available price history since Sep 15, 2023	0.06

The correlation between CTEC and IBIC shifts across timeframes, from -0.09 (1 year) to 0.06 (all time), reflecting how their relationship changes across market environments.

Return for Risk

CTEC vs. IBIC — Risk / Return Rank

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

CTEC

CTEC Risk / Return Rank: 78
CTEC Sharpe Ratio Rank: 85
CTEC Sortino Ratio Rank: 71
CTEC Omega Ratio Rank: 70
CTEC Calmar Ratio Rank: 89
CTEC Martin Ratio Rank: 74

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.

CTEC vs. IBIC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X CleanTech ETF (CTEC) 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.

	CTEC	IBIC	Difference
Sharpe ratio: Return per unit of total volatility	2.61	4.99	-2.38
Sortino ratio: Return per unit of downside risk	3.03	8.97	-5.95
Omega ratio: Gain probability vs. loss probability	1.39	2.22	-0.84
Calmar ratio: Return relative to maximum drawdown	5.03	16.56	-11.53
Martin ratio: Return relative to average drawdown	13.11	58.67	-45.56

CTEC vs. IBIC - Sharpe Ratio Comparison

The current CTEC Sharpe Ratio is 2.61, which is lower than the IBIC Sharpe Ratio of 4.99. The chart below compares the historical Sharpe Ratios of CTEC and IBIC, 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

CTEC vs. IBIC - Drawdown Comparison

The maximum CTEC drawdown since its inception was -81.58%, which is greater than IBIC's maximum drawdown of -0.90%. Use the drawdown chart below to compare losses from any high point for CTEC and IBIC.

Drawdown Indicators

	CTEC	IBIC	Difference
Max Drawdown Largest peak-to-trough decline	-81.58%	-0.90%	-80.68%
Max Drawdown (1Y) Largest decline over 1 year	-19.39%	-0.27%	-19.12%
Max Drawdown (3Y) Largest decline over 3 years	-65.77%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-76.46%	—	—
Current Drawdown Current decline from peak	-53.45%	-0.08%	-53.37%
Average Drawdown Average peak-to-trough decline	-52.35%	-0.10%	-52.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.43%	0.08%	+7.35%

Volatility

CTEC vs. IBIC - Volatility Comparison

Global X CleanTech ETF (CTEC) has a higher volatility of 16.15% compared to iShares iBonds Oct 2026 Term TIPS ETF (IBIC) at 0.17%. This indicates that CTEC'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.

Volatility by Period

	CTEC	IBIC	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.15%	0.17%	+15.98%
Volatility (6M) Calculated over the trailing 6-month period	27.21%	0.67%	+26.54%
Volatility (1Y) Calculated over the trailing 1-year period	37.40%	0.89%	+36.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.94%	1.56%	+35.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	38.09%	1.56%	+36.53%

CTEC vs. IBIC - Expense Ratio Comparison

CTEC has a 0.50% expense ratio, which is higher than IBIC's 0.10% expense ratio.

Dividends

CTEC vs. IBIC - Dividend Comparison

CTEC's dividend yield for the trailing twelve months is around 0.61%, less than IBIC's 3.58% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
CTEC Global X CleanTech ETF	0.61%	0.75%	1.56%	0.51%	0.25%	0.39%	0.02%
IBIC iShares iBonds Oct 2026 Term TIPS ETF	3.58%	4.43%	4.65%	0.83%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both CTEC and IBIC in my portfolio?

CTEC and IBIC have a correlation of -0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CTEC or IBIC?

CTEC has higher volatility (16.15%) compared to IBIC (0.17%). In terms of maximum drawdown, CTEC dropped -81.58% vs IBIC's -0.90%.

Which ETF is better, CTEC or IBIC?

On 1-year performance, CTEC leads with 97.04% vs 4.42% for IBIC. On fees, IBIC is cheaper at 0.10% per year. On volatility, IBIC has been the lower-risk option at 0.17%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, CTEC or IBIC?

Over the 1-year period, CTEC has performed better with a 97.04% return vs 4.42%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, CTEC or IBIC?

IBIC is cheaper with a 0.10% expense ratio, compared with 0.50% for CTEC.

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

IBIC has the higher dividend yield at 3.58%, compared with 0.61% for CTEC.

What is the main difference between CTEC and IBIC?

CTEC is categorized as Alternative Energy Equities, while IBIC is Inflation-Protected Bonds. CTEC tracks Indxx Global CleanTech Index, while IBIC tracks ICE 2026 Maturity US Inflation-Linked Treasury Index. They also come from different issuers: Global X and iShares. Their fees differ too: 0.50% for CTEC and 0.10% for IBIC.

Which has better risk-adjusted returns?

IBIC currently has the higher Sharpe Ratio (4.99 vs 2.61), 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.