ELIL vs. IBIC
ELIL (Direxion Daily LLY Bull 2X Shares) and IBIC (iShares iBonds Oct 2026 Term TIPS ETF) are both exchange-traded funds - ELIL is a Leveraged Equities fund actively managed by Direxion, while IBIC is a Inflation-Protected Bonds fund tracking the ICE 2026 Maturity US Inflation-Linked Treasury Index. ELIL is actively managed, while IBIC is passively managed. Over the past year, ELIL returned 64.11% vs 4.42% for IBIC. At a correlation of -0.17, they often move in opposite directions. ELIL charges 0.97%/yr vs 0.10%/yr for IBIC.
Performance
ELIL vs. IBIC - Performance Comparison
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Returns By Period
In the year-to-date period, ELIL achieves a -4.97% return, which is significantly lower than IBIC's 2.43% return.
ELIL
- 1D
- 0.52%
- 1M
- 6.34%
- YTD
- -4.97%
- 6M
- -4.26%
- 1Y
- 64.11%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IBIC
- 1D
- 0.04%
- 1M
- 0.12%
- YTD
- 2.43%
- 6M
- 2.57%
- 1Y
- 4.42%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ELIL vs. IBIC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
ELIL Direxion Daily LLY Bull 2X Shares | -4.97% | 36.32% |
IBIC iShares iBonds Oct 2026 Term TIPS ETF | 2.43% | 2.96% |
Correlation
The correlation between ELIL and IBIC 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 Mar 26, 2025 | -0.17 |
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Return for Risk
ELIL vs. IBIC — Risk / Return Rank
ELIL
IBIC
ELIL vs. IBIC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily LLY Bull 2X Shares (ELIL) 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.
| ELIL | IBIC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -4.13 | ||
| Sortino ratioReturn per unit of downside risk | -7.42 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 2.22 | -1.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.39 | 16.56 | -15.17 |
| Martin ratioReturn relative to average drawdown | 3.12 | 58.67 | -55.55 |
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Drawdowns
ELIL vs. IBIC - Drawdown Comparison
The maximum ELIL drawdown since its inception was -56.03%, which is greater than IBIC's maximum drawdown of -0.90%. Use the drawdown chart below to compare losses from any high point for ELIL and IBIC.
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Drawdown Indicators
| ELIL | IBIC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.03% | -0.90% | -55.13% |
Max Drawdown (1Y)Largest decline over 1 year | -46.28% | -0.27% | -46.01% |
Current DrawdownCurrent decline from peak | -12.11% | -0.08% | -12.03% |
Average DrawdownAverage peak-to-trough decline | -23.60% | -0.10% | -23.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.63% | 0.08% | +20.55% |
Volatility
ELIL vs. IBIC - Volatility Comparison
Direxion Daily LLY Bull 2X Shares (ELIL) has a higher volatility of 16.31% compared to iShares iBonds Oct 2026 Term TIPS ETF (IBIC) at 0.17%. This indicates that ELIL'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
| ELIL | IBIC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.31% | 0.17% | +16.14% |
Volatility (6M)Calculated over the trailing 6-month period | 53.02% | 0.67% | +52.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 75.11% | 0.89% | +74.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 81.98% | 1.56% | +80.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 81.98% | 1.56% | +80.42% |
ELIL vs. IBIC - Expense Ratio Comparison
ELIL has a 0.97% expense ratio, which is higher than IBIC's 0.10% expense ratio.
Dividends
ELIL vs. IBIC - Dividend Comparison
ELIL's dividend yield for the trailing twelve months is around 11.72%, more than IBIC's 3.58% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
ELIL Direxion Daily LLY Bull 2X Shares | 11.72% | 10.92% | 0.00% | 0.00% |
IBIC iShares iBonds Oct 2026 Term TIPS ETF | 3.58% | 4.43% | 4.65% | 0.83% |
Frequently Asked Questions
ELIL and IBIC 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.
ELIL has higher volatility (16.31%) compared to IBIC (0.17%). In terms of maximum drawdown, ELIL dropped -56.03% vs IBIC's -0.90%.
On 1-year performance, ELIL leads with 64.11% 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, ELIL has performed better with a 64.11% 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 0.97% for ELIL.
ELIL has the higher dividend yield at 11.72%, compared with 3.58% for IBIC.
ELIL is categorized as Leveraged Equities, while IBIC is Inflation-Protected Bonds. They also come from different issuers: Direxion and iShares. Their fees differ too: 0.97% for ELIL and 0.10% for IBIC.
IBIC currently has the higher Sharpe Ratio (4.99 vs 0.86), 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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