DEMZ vs. IBIC
DEMZ (Democratic Large Cap Core ETF) and IBIC (iShares iBonds Oct 2026 Term TIPS ETF) are both exchange-traded funds - DEMZ is a Large Cap Blend Equities fund tracking the Democratic Large Cap Core 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, DEMZ returned 21.76% vs 4.40% for IBIC. At a correlation of -0.06, they often move in opposite directions. DEMZ charges 0.45%/yr vs 0.10%/yr for IBIC.
Performance
DEMZ vs. IBIC - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, DEMZ achieves a 8.22% return, which is significantly higher than IBIC's 2.33% return.
DEMZ
- 1D
- 0.20%
- 1M
- 1.96%
- YTD
- 8.22%
- 6M
- 6.93%
- 1Y
- 21.76%
- 3Y*
- 21.28%
- 5Y*
- 12.36%
- 10Y*
- —
IBIC
- 1D
- -0.10%
- 1M
- 0.02%
- YTD
- 2.33%
- 6M
- 2.35%
- 1Y
- 4.40%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
DEMZ vs. IBIC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
DEMZ Democratic Large Cap Core ETF | 8.22% | 19.84% | 22.89% | 7.68% |
IBIC iShares iBonds Oct 2026 Term TIPS ETF | 2.33% | 4.96% | 5.25% | 2.17% |
Correlation
The correlation between DEMZ and IBIC is -0.19, 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 | -0.19 |
Correlation (All Time) Calculated using the full available price history since Sep 15, 2023 | -0.06 |
The correlation between DEMZ and IBIC shifts across timeframes, from -0.19 (1 year) to -0.06 (all time), reflecting how their relationship changes across market environments.
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
DEMZ vs. IBIC — Risk / Return Rank
DEMZ
IBIC
DEMZ vs. IBIC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Democratic Large Cap Core ETF (DEMZ) 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.
| DEMZ | IBIC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.45 | ||
| Sortino ratioReturn per unit of downside risk | -6.76 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 2.21 | -0.95 |
| Calmar ratioReturn relative to maximum drawdown | 1.78 | 16.49 | -14.71 |
| Martin ratioReturn relative to average drawdown | 6.58 | 57.80 | -51.21 |
Loading charts...
Drawdowns
DEMZ vs. IBIC - Drawdown Comparison
The maximum DEMZ drawdown since its inception was -27.17%, which is greater than IBIC's maximum drawdown of -0.90%. Use the drawdown chart below to compare losses from any high point for DEMZ and IBIC.
Loading charts...
Drawdown Indicators
| DEMZ | IBIC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.17% | -0.90% | -26.27% |
Max Drawdown (1Y)Largest decline over 1 year | -12.28% | -0.27% | -12.01% |
Max Drawdown (3Y)Largest decline over 3 years | -18.69% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -27.17% | — | — |
Current DrawdownCurrent decline from peak | -2.26% | -0.17% | -2.09% |
Average DrawdownAverage peak-to-trough decline | -6.06% | -0.10% | -5.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.31% | 0.08% | +3.23% |
Volatility
DEMZ vs. IBIC - Volatility Comparison
Democratic Large Cap Core ETF (DEMZ) has a higher volatility of 5.38% compared to iShares iBonds Oct 2026 Term TIPS ETF (IBIC) at 0.19%. This indicates that DEMZ'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.
Loading charts...
Volatility by Period
| DEMZ | IBIC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.38% | 0.19% | +5.19% |
Volatility (6M)Calculated over the trailing 6-month period | 11.74% | 0.67% | +11.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.67% | 0.90% | +13.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.93% | 1.56% | +16.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.49% | 1.56% | +15.93% |
DEMZ vs. IBIC - Expense Ratio Comparison
DEMZ has a 0.45% expense ratio, which is higher than IBIC's 0.10% expense ratio.
Dividends
DEMZ vs. IBIC - Dividend Comparison
DEMZ's dividend yield for the trailing twelve months is around 0.90%, less than IBIC's 3.59% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
DEMZ Democratic Large Cap Core ETF | 0.90% | 0.98% | 0.53% | 0.90% | 0.98% | 2.46% | 0.27% |
IBIC iShares iBonds Oct 2026 Term TIPS ETF | 3.59% | 4.43% | 4.65% | 0.83% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
DEMZ and IBIC have a correlation of -0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DEMZ has higher volatility (5.38%) compared to IBIC (0.19%). In terms of maximum drawdown, DEMZ dropped -27.17% vs IBIC's -0.90%.
On 1-year performance, DEMZ leads with 21.76% vs 4.40% for IBIC. On fees, IBIC is cheaper at 0.10% per year. On volatility, IBIC has been the lower-risk option at 0.19%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, DEMZ has performed better with a 21.76% return vs 4.40%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IBIC is cheaper with a 0.10% expense ratio, compared with 0.45% for DEMZ.
IBIC has the higher dividend yield at 3.59%, compared with 0.90% for DEMZ.
DEMZ is categorized as Large Cap Blend Equities, while IBIC is Inflation-Protected Bonds. DEMZ tracks Democratic Large Cap Core Index, while IBIC tracks ICE 2026 Maturity US Inflation-Linked Treasury Index. They also come from different issuers: Reflection Asset Management, LLC and iShares. Their fees differ too: 0.45% for DEMZ and 0.10% for IBIC.
IBIC currently has the higher Sharpe Ratio (4.95 vs 1.50), 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 DEMZ and IBIC
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