EFIV vs. IBIC

Last updated Jun 24, 2026

EFIV (State Street SPDR S&P 500 ESG ETF) and IBIC (iShares iBonds Oct 2026 Term TIPS ETF) are both exchange-traded funds - EFIV is a S&P 500 fund tracking the S&P 500 ESG 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, EFIV returned 27.67% vs 4.42% for IBIC. At a correlation of -0.06, they often move in opposite directions. Both charge a 0.10% expense ratio.

Performance

EFIV vs. IBIC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in State Street SPDR S&P 500 ESG ETF (EFIV) 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, EFIV achieves a 8.70% return, which is significantly higher than IBIC's 2.43% return.

EFIV

• 1D: -1.65%
• 1M: -0.29%
• YTD: 8.70%
• 6M: 8.03%
• 1Y: 27.67%
• 3Y*: 20.78%
• 5Y*: 13.94%
• 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)

EFIV vs. IBIC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
EFIV State Street SPDR S&P 500 ESG ETF	8.70%	18.47%	23.80%	6.07%
IBIC iShares iBonds Oct 2026 Term TIPS ETF	2.43%	4.96%	5.25%	2.17%

Correlation

The correlation between EFIV and IBIC is -0.23, 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	-0.23
Correlation (All Time) Calculated using the full available price history since Sep 15, 2023	-0.06

The correlation between EFIV and IBIC shifts across timeframes, from -0.23 (1 year) to -0.06 (all time), reflecting how their relationship changes across market environments.

Return for Risk

EFIV vs. IBIC — Risk / Return Rank

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

EFIV

EFIV Risk / Return Rank: 71
EFIV Sharpe Ratio Rank: 74
EFIV Sortino Ratio Rank: 72
EFIV Omega Ratio Rank: 72
EFIV Calmar Ratio Rank: 63
EFIV 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.

EFIV vs. IBIC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for State Street SPDR S&P 500 ESG ETF (EFIV) 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.

	EFIV	IBIC	Difference
Sharpe ratio: Return per unit of total volatility	2.23	4.99	-2.76
Sortino ratio: Return per unit of downside risk	3.05	8.97	-5.92
Omega ratio: Gain probability vs. loss probability	1.40	2.22	-0.82
Calmar ratio: Return relative to maximum drawdown	2.94	16.56	-13.62
Martin ratio: Return relative to average drawdown	13.37	58.67	-45.30

EFIV vs. IBIC - Sharpe Ratio Comparison

The current EFIV Sharpe Ratio is 2.23, which is lower than the IBIC Sharpe Ratio of 4.99. The chart below compares the historical Sharpe Ratios of EFIV 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

EFIV vs. IBIC - Drawdown Comparison

The maximum EFIV drawdown since its inception was -24.52%, which is greater than IBIC's maximum drawdown of -0.90%. Use the drawdown chart below to compare losses from any high point for EFIV and IBIC.

Drawdown Indicators

	EFIV	IBIC	Difference
Max Drawdown Largest peak-to-trough decline	-24.52%	-0.90%	-23.62%
Max Drawdown (1Y) Largest decline over 1 year	-9.44%	-0.27%	-9.17%
Max Drawdown (3Y) Largest decline over 3 years	-19.23%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-24.52%	—	—
Current Drawdown Current decline from peak	-2.43%	-0.08%	-2.35%
Average Drawdown Average peak-to-trough decline	-4.78%	-0.10%	-4.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.07%	0.08%	+1.99%

Volatility

EFIV vs. IBIC - Volatility Comparison

State Street SPDR S&P 500 ESG ETF (EFIV) has a higher volatility of 5.15% compared to iShares iBonds Oct 2026 Term TIPS ETF (IBIC) at 0.17%. This indicates that EFIV'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

	EFIV	IBIC	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.15%	0.17%	+4.98%
Volatility (6M) Calculated over the trailing 6-month period	10.07%	0.67%	+9.40%
Volatility (1Y) Calculated over the trailing 1-year period	12.50%	0.89%	+11.61%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.04%	1.56%	+15.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.87%	1.56%	+15.31%

EFIV vs. IBIC - Expense Ratio Comparison

Both EFIV and IBIC have an expense ratio of 0.10%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

EFIV vs. IBIC - Dividend Comparison

EFIV's dividend yield for the trailing twelve months is around 0.98%, less than IBIC's 3.58% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
EFIV State Street SPDR S&P 500 ESG ETF	0.98%	1.03%	1.20%	1.37%	1.64%	1.19%	0.65%
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 EFIV and IBIC in my portfolio?

EFIV and IBIC have a correlation of -0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EFIV or IBIC?

EFIV has higher volatility (5.15%) compared to IBIC (0.17%). In terms of maximum drawdown, EFIV dropped -24.52% vs IBIC's -0.90%.

Which ETF is better, EFIV or IBIC?

On 1-year performance, EFIV leads with 27.67% vs 4.42% for IBIC. Both ETFs have the same 0.10% expense ratio. 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, EFIV or IBIC?

Over the 1-year period, EFIV has performed better with a 27.67% return vs 4.42%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, EFIV or IBIC?

EFIV and IBIC have the same expense ratio: 0.10% per year.

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

IBIC has the higher dividend yield at 3.58%, compared with 0.98% for EFIV.

What is the main difference between EFIV and IBIC?

EFIV is categorized as S&P 500, while IBIC is Inflation-Protected Bonds. EFIV tracks S&P 500 ESG Index, while IBIC tracks ICE 2026 Maturity US Inflation-Linked Treasury Index. They also come from different issuers: State Street and iShares.

Which has better risk-adjusted returns?

IBIC currently has the higher Sharpe Ratio (4.99 vs 2.23), 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.