CTEC vs. IBID
CTEC (Global X CleanTech ETF) and IBID (iShares iBonds Oct 2027 Term TIPS ETF) are both exchange-traded funds - CTEC is a Alternative Energy Equities fund tracking the Indxx Global CleanTech 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, CTEC returned 130.53% vs 4.68% for IBID. At a 0.04 correlation, their price movements are largely independent. CTEC charges 0.50%/yr vs 0.10%/yr for IBID.
Performance
CTEC vs. IBID - Performance Comparison
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Returns By Period
In the year-to-date period, CTEC achieves a 42.92% return, which is significantly higher than IBID's 2.40% return.
CTEC
- 1D
- -0.04%
- 1M
- 7.37%
- YTD
- 42.92%
- 6M
- 34.82%
- 1Y
- 130.53%
- 3Y*
- 2.12%
- 5Y*
- -3.60%
- 10Y*
- —
IBID
- 1D
- -0.05%
- 1M
- 0.42%
- YTD
- 2.40%
- 6M
- 2.47%
- 1Y
- 4.68%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
CTEC vs. IBID - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
CTEC Global X CleanTech ETF | 42.92% | 57.85% | -36.35% | -7.57% |
IBID iShares iBonds Oct 2027 Term TIPS ETF | 2.40% | 5.66% | 4.71% | 2.61% |
Correlation
The correlation between CTEC and IBID is -0.17, 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 | -0.17 |
Correlation (All Time) Calculated using the full available price history since Sep 18, 2023 | 0.04 |
The correlation between CTEC and IBID shifts across timeframes, from -0.17 (1 year) to 0.04 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
CTEC vs. IBID — Risk / Return Rank
CTEC
IBID
CTEC vs. IBID - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X CleanTech ETF (CTEC) 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.
| CTEC | IBID | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.02 | ||
| Sortino ratioReturn per unit of downside risk | -2.39 | ||
| Omega ratioGain probability vs. loss probability | 1.52 | 1.90 | -0.38 |
| Calmar ratioReturn relative to maximum drawdown | 7.45 | 12.89 | -5.44 |
| Martin ratioReturn relative to average drawdown | 19.38 | 39.18 | -19.80 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| CTEC | IBID | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.76 | 3.78 | -0.02 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.10 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.01 | 2.55 | -2.54 |
Drawdowns
CTEC vs. IBID - Drawdown Comparison
The maximum CTEC drawdown since its inception was -81.58%, which is greater than IBID's maximum drawdown of -1.28%. Use the drawdown chart below to compare losses from any high point for CTEC and IBID.
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Drawdown Indicators
| CTEC | IBID | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -81.58% | -1.28% | -80.30% |
Max Drawdown (1Y)Largest decline over 1 year | -17.62% | -0.36% | -17.26% |
Max Drawdown (3Y)Largest decline over 3 years | -65.77% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -76.46% | — | — |
Current DrawdownCurrent decline from peak | -45.78% | -0.05% | -45.73% |
Average DrawdownAverage peak-to-trough decline | -52.38% | -0.22% | -52.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.76% | 0.12% | +6.64% |
Volatility
CTEC vs. IBID - Volatility Comparison
Global X CleanTech ETF (CTEC) has a higher volatility of 10.93% compared to iShares iBonds Oct 2027 Term TIPS ETF (IBID) at 0.33%. This indicates that CTEC'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.
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Volatility by Period
| CTEC | IBID | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.93% | 0.33% | +10.60% |
Volatility (6M)Calculated over the trailing 6-month period | 23.73% | 0.80% | +22.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 34.93% | 1.24% | +33.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.38% | 2.25% | +34.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 37.75% | 2.25% | +35.50% |
CTEC vs. IBID - Expense Ratio Comparison
CTEC has a 0.50% expense ratio, which is higher than IBID's 0.10% expense ratio.
Dividends
CTEC vs. IBID - Dividend Comparison
CTEC's dividend yield for the trailing twelve months is around 0.52%, less than IBID's 3.67% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
CTEC Global X CleanTech ETF | 0.52% | 0.75% | 1.56% | 0.51% | 0.25% | 0.39% | 0.02% |
IBID iShares iBonds Oct 2027 Term TIPS ETF | 3.67% | 4.43% | 4.24% | 0.81% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
CTEC and IBID have a correlation of -0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CTEC has higher volatility (10.93%) compared to IBID (0.33%). In terms of maximum drawdown, CTEC dropped -81.58% vs IBID's -1.28%.
On 1-year performance, CTEC leads with 130.53% vs 4.68% for IBID. On fees, IBID is cheaper at 0.10% per year. On volatility, IBID has been the lower-risk option at 0.33%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, CTEC has performed better with a 130.53% return vs 4.68%. 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 0.50% for CTEC.
IBID has the higher dividend yield at 3.67%, compared with 0.52% for CTEC.
CTEC is categorized as Alternative Energy Equities, while IBID is Inflation-Protected Bonds. CTEC tracks Indxx Global CleanTech 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: 0.50% for CTEC and 0.10% for IBID.
IBID currently has the higher Sharpe Ratio (3.78 vs 3.76), 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.
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