DWAW vs. IBIC
DWAW (AdvisorShares Dorsey Wright FSM All Cap World ETF) and IBIC (iShares iBonds Oct 2026 Term TIPS ETF) are both exchange-traded funds - DWAW is a Large Cap Growth Equities fund actively managed by AdvisorShares, while IBIC is a Inflation-Protected Bonds fund tracking the ICE 2026 Maturity US Inflation-Linked Treasury Index. DWAW is actively managed, while IBIC is passively managed. Over the past year, DWAW returned 24.71% vs 4.42% for IBIC. At a correlation of -0.04, they often move in opposite directions. DWAW charges 1.24%/yr vs 0.10%/yr for IBIC.
Performance
DWAW vs. IBIC - Performance Comparison
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Returns By Period
In the year-to-date period, DWAW achieves a 14.00% return, which is significantly higher than IBIC's 2.43% return.
DWAW
- 1D
- -3.01%
- 1M
- 1.62%
- YTD
- 14.00%
- 6M
- 13.09%
- 1Y
- 24.71%
- 3Y*
- 18.75%
- 5Y*
- 7.55%
- 10Y*
- —
IBIC
- 1D
- 0.04%
- 1M
- 0.12%
- YTD
- 2.43%
- 6M
- 2.57%
- 1Y
- 4.42%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
DWAW vs. IBIC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
DWAW AdvisorShares Dorsey Wright FSM All Cap World ETF | 14.00% | 10.85% | 18.48% | 8.69% |
IBIC iShares iBonds Oct 2026 Term TIPS ETF | 2.43% | 4.96% | 5.25% | 2.17% |
Correlation
The correlation between DWAW and IBIC is -0.20, 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 | -0.20 |
Correlation (All Time) Calculated using the full available price history since Sep 15, 2023 | -0.04 |
The correlation between DWAW and IBIC shifts across timeframes, from -0.20 (1 year) to -0.04 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
DWAW vs. IBIC — Risk / Return Rank
DWAW
IBIC
DWAW vs. IBIC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AdvisorShares Dorsey Wright FSM All Cap World ETF (DWAW) 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.
| DWAW | IBIC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.50 | ||
| Sortino ratioReturn per unit of downside risk | -6.91 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 2.22 | -0.95 |
| Calmar ratioReturn relative to maximum drawdown | 2.14 | 16.56 | -14.42 |
| Martin ratioReturn relative to average drawdown | 8.53 | 58.67 | -50.14 |
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Drawdowns
DWAW vs. IBIC - Drawdown Comparison
The maximum DWAW drawdown since its inception was -31.55%, which is greater than IBIC's maximum drawdown of -0.90%. Use the drawdown chart below to compare losses from any high point for DWAW and IBIC.
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Drawdown Indicators
| DWAW | IBIC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.55% | -0.90% | -30.65% |
Max Drawdown (1Y)Largest decline over 1 year | -11.58% | -0.27% | -11.31% |
Max Drawdown (3Y)Largest decline over 3 years | -22.91% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -28.43% | — | — |
Current DrawdownCurrent decline from peak | -3.01% | -0.08% | -2.93% |
Average DrawdownAverage peak-to-trough decline | -10.90% | -0.10% | -10.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.90% | 0.08% | +2.82% |
Volatility
DWAW vs. IBIC - Volatility Comparison
AdvisorShares Dorsey Wright FSM All Cap World ETF (DWAW) has a higher volatility of 7.22% compared to iShares iBonds Oct 2026 Term TIPS ETF (IBIC) at 0.17%. This indicates that DWAW'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.
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Volatility by Period
| DWAW | IBIC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.22% | 0.17% | +7.05% |
Volatility (6M)Calculated over the trailing 6-month period | 14.32% | 0.67% | +13.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.78% | 0.89% | +15.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.30% | 1.56% | +17.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.57% | 1.56% | +23.01% |
DWAW vs. IBIC - Expense Ratio Comparison
DWAW has a 1.24% expense ratio, which is higher than IBIC's 0.10% expense ratio.
Dividends
DWAW vs. IBIC - Dividend Comparison
DWAW's dividend yield for the trailing twelve months is around 0.67%, less than IBIC's 3.58% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
DWAW AdvisorShares Dorsey Wright FSM All Cap World ETF | 0.67% | 0.76% | 0.00% | 1.70% | 0.53% | 1.45% | 0.16% |
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
DWAW and IBIC have a correlation of -0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DWAW has higher volatility (7.22%) compared to IBIC (0.17%). In terms of maximum drawdown, DWAW dropped -31.55% vs IBIC's -0.90%.
On 1-year performance, DWAW leads with 24.71% 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.
Over the 1-year period, DWAW has performed better with a 24.71% return vs 4.42%. 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 1.24% for DWAW.
IBIC has the higher dividend yield at 3.58%, compared with 0.67% for DWAW.
DWAW is categorized as Large Cap Growth Equities, while IBIC is Inflation-Protected Bonds. They also come from different issuers: AdvisorShares and iShares. Their fees differ too: 1.24% for DWAW and 0.10% for IBIC.
IBIC currently has the higher Sharpe Ratio (4.99 vs 1.48), 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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