DXIV vs. IBIC

Last updated Jun 24, 2026

DXIV (Dimensional International Vector Equity ETF) and IBIC (iShares iBonds Oct 2026 Term TIPS ETF) are both exchange-traded funds - DXIV is a Foreign Small & Mid Cap Equities fund actively managed by Dimensional Fund Advisors, while IBIC is a Inflation-Protected Bonds fund tracking the ICE 2026 Maturity US Inflation-Linked Treasury Index. DXIV is actively managed, while IBIC is passively managed. Over the past year, DXIV returned 25.98% vs 4.42% for IBIC. At a correlation of -0.08, they often move in opposite directions. DXIV charges 0.30%/yr vs 0.10%/yr for IBIC.

Performance

DXIV vs. IBIC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Dimensional International Vector Equity ETF (DXIV) 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, DXIV achieves a 7.60% return, which is significantly higher than IBIC's 2.43% return.

DXIV

• 1D: -2.70%
• 1M: -2.87%
• YTD: 7.60%
• 6M: 7.42%
• 1Y: 25.98%
• 3Y*: —
• 5Y*: —
• 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)

DXIV vs. IBIC - Yearly Performance Comparison

	2026 (YTD)	2025	2024
DXIV Dimensional International Vector Equity ETF	7.60%	39.12%	-3.78%
IBIC iShares iBonds Oct 2026 Term TIPS ETF	2.43%	4.96%	1.21%

Correlation

The correlation between DXIV and IBIC is -0.15, 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	-0.15
Correlation (All Time) Calculated using the full available price history since Sep 12, 2024	-0.08

Return for Risk

DXIV vs. IBIC — Risk / Return Rank

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

DXIV

DXIV Risk / Return Rank: 57
DXIV Sharpe Ratio Rank: 59
DXIV Sortino Ratio Rank: 57
DXIV Omega Ratio Rank: 58
DXIV Calmar Ratio Rank: 52
DXIV Martin Ratio Rank: 57

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.

DXIV vs. IBIC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dimensional International Vector Equity ETF (DXIV) 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.

	DXIV	IBIC	Difference
Sharpe ratio: Return per unit of total volatility	1.85	4.99	-3.14
Sortino ratio: Return per unit of downside risk	2.53	8.97	-6.45
Omega ratio: Gain probability vs. loss probability	1.34	2.22	-0.89
Calmar ratio: Return relative to maximum drawdown	2.41	16.56	-14.16
Martin ratio: Return relative to average drawdown	9.38	58.67	-49.29

DXIV vs. IBIC - Sharpe Ratio Comparison

The current DXIV Sharpe Ratio is 1.85, which is lower than the IBIC Sharpe Ratio of 4.99. The chart below compares the historical Sharpe Ratios of DXIV 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

DXIV vs. IBIC - Drawdown Comparison

The maximum DXIV drawdown since its inception was -13.71%, which is greater than IBIC's maximum drawdown of -0.90%. Use the drawdown chart below to compare losses from any high point for DXIV and IBIC.

Drawdown Indicators

	DXIV	IBIC	Difference
Max Drawdown Largest peak-to-trough decline	-13.71%	-0.90%	-12.81%
Max Drawdown (1Y) Largest decline over 1 year	-10.84%	-0.27%	-10.57%
Current Drawdown Current decline from peak	-4.22%	-0.08%	-4.14%
Average Drawdown Average peak-to-trough decline	-2.45%	-0.10%	-2.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.78%	0.08%	+2.70%

Volatility

DXIV vs. IBIC - Volatility Comparison

Dimensional International Vector Equity ETF (DXIV) has a higher volatility of 4.98% compared to iShares iBonds Oct 2026 Term TIPS ETF (IBIC) at 0.17%. This indicates that DXIV'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

	DXIV	IBIC	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.98%	0.17%	+4.81%
Volatility (6M) Calculated over the trailing 6-month period	11.93%	0.67%	+11.26%
Volatility (1Y) Calculated over the trailing 1-year period	14.12%	0.89%	+13.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.56%	1.56%	+14.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.56%	1.56%	+14.00%

DXIV vs. IBIC - Expense Ratio Comparison

DXIV has a 0.30% expense ratio, which is higher than IBIC's 0.10% expense ratio.

Dividends

DXIV vs. IBIC - Dividend Comparison

DXIV's dividend yield for the trailing twelve months is around 2.36%, less than IBIC's 3.58% yield.

Position	TTM	2025	2024	2023
DXIV Dimensional International Vector Equity ETF	2.36%	2.50%	0.64%	0.00%
IBIC iShares iBonds Oct 2026 Term TIPS ETF	3.58%	4.43%	4.65%	0.83%

Frequently Asked Questions

Can I hold both DXIV and IBIC in my portfolio?

DXIV and IBIC have a correlation of -0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DXIV or IBIC?

DXIV has higher volatility (4.98%) compared to IBIC (0.17%). In terms of maximum drawdown, DXIV dropped -13.71% vs IBIC's -0.90%.

Which ETF is better, DXIV or IBIC?

On 1-year performance, DXIV leads with 25.98% 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, DXIV or IBIC?

Over the 1-year period, DXIV has performed better with a 25.98% return vs 4.42%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DXIV or IBIC?

IBIC is cheaper with a 0.10% expense ratio, compared with 0.30% for DXIV.

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

IBIC has the higher dividend yield at 3.58%, compared with 2.36% for DXIV.

What is the main difference between DXIV and IBIC?

DXIV is categorized as Foreign Small & Mid Cap Equities, while IBIC is Inflation-Protected Bonds. They also come from different issuers: Dimensional Fund Advisors and iShares. Their fees differ too: 0.30% for DXIV and 0.10% for IBIC.

Which has better risk-adjusted returns?

IBIC currently has the higher Sharpe Ratio (4.99 vs 1.85), 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.