ETIDX vs. BIBL

Last updated Jun 24, 2026

ETIDX (Eventide Dividend Opportunities Fund) and BIBL (Inspire 100 ETF) are both funds - ETIDX is a Mid Cap Blend Equities fund managed by Eventide Funds, while BIBL is a Large Cap Growth Equities fund tracking the Inspire 100 Index. Over the past 5 years, ETIDX returned 9.97%/yr vs 10.30%/yr for BIBL. Their correlation of 0.91 suggests significant overlap in exposure. ETIDX charges 0.95%/yr vs 0.35%/yr for BIBL.

Performance

ETIDX vs. BIBL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Eventide Dividend Opportunities Fund (ETIDX) and Inspire 100 ETF (BIBL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ETIDX achieves a 21.57% return, which is significantly lower than BIBL's 24.57% return.

ETIDX

• 1D: 1.49%
• 1M: 4.38%
• YTD: 21.57%
• 6M: 20.04%
• 1Y: 24.79%
• 3Y*: 19.94%
• 5Y*: 9.97%
• 10Y*: —

BIBL

• 1D: -2.18%
• 1M: 4.42%
• YTD: 24.57%
• 6M: 23.10%
• 1Y: 40.13%
• 3Y*: 22.41%
• 5Y*: 10.30%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ETIDX vs. BIBL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ETIDX Eventide Dividend Opportunities Fund	21.57%	5.67%	16.56%	19.67%	-21.77%	31.98%	25.38%	27.07%	-10.37%	2.54%
BIBL Inspire 100 ETF	24.57%	17.27%	12.49%	17.87%	-23.26%	27.44%	22.62%	29.68%	-7.64%	4.42%

Correlation

The correlation between ETIDX and BIBL is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.91
Correlation (3Y) Calculated over the trailing 3-year period	0.91
Correlation (5Y) Calculated over the trailing 5-year period	0.93
Correlation (All Time) Calculated using the full available price history since Oct 31, 2017	0.91

The correlation between ETIDX and BIBL has been stable across timeframes, ranging from 0.91 to 0.93 - a consistent structural relationship.

Return for Risk

ETIDX vs. BIBL — Risk / Return Rank

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

ETIDX

ETIDX Risk / Return Rank: 52
ETIDX Sharpe Ratio Rank: 42
ETIDX Sortino Ratio Rank: 39
ETIDX Omega Ratio Rank: 38
ETIDX Calmar Ratio Rank: 80
ETIDX Martin Ratio Rank: 59

BIBL

BIBL Risk / Return Rank: 82
BIBL Sharpe Ratio Rank: 81
BIBL Sortino Ratio Rank: 78
BIBL Omega Ratio Rank: 76
BIBL Calmar Ratio Rank: 86
BIBL Martin Ratio Rank: 89

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.

ETIDX vs. BIBL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Eventide Dividend Opportunities Fund (ETIDX) and Inspire 100 ETF (BIBL). 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.

	ETIDX	BIBL	Difference
Sharpe ratio: Return per unit of total volatility	1.77	2.45	-0.68
Sortino ratio: Return per unit of downside risk	2.42	3.25	-0.83
Omega ratio: Gain probability vs. loss probability	1.30	1.42	-0.12
Calmar ratio: Return relative to maximum drawdown	3.46	4.51	-1.05
Martin ratio: Return relative to average drawdown	11.12	19.18	-8.06

ETIDX vs. BIBL - Sharpe Ratio Comparison

The current ETIDX Sharpe Ratio is 1.77, which is comparable to the BIBL Sharpe Ratio of 2.45. The chart below compares the historical Sharpe Ratios of ETIDX and BIBL, 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

ETIDX vs. BIBL - Drawdown Comparison

The maximum ETIDX drawdown since its inception was -34.12%, smaller than the maximum BIBL drawdown of -36.12%. Use the drawdown chart below to compare losses from any high point for ETIDX and BIBL.

Drawdown Indicators

	ETIDX	BIBL	Difference
Max Drawdown Largest peak-to-trough decline	-34.12%	-36.12%	+2.00%
Max Drawdown (1Y) Largest decline over 1 year	-7.60%	-8.94%	+1.34%
Max Drawdown (3Y) Largest decline over 3 years	-20.51%	-20.60%	+0.09%
Max Drawdown (5Y) Largest decline over 5 years	-29.11%	-30.85%	+1.74%
Current Drawdown Current decline from peak	0.00%	-2.18%	+2.18%
Average Drawdown Average peak-to-trough decline	-7.06%	-7.00%	-0.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.36%	2.10%	+0.26%

Volatility

ETIDX vs. BIBL - Volatility Comparison

The current volatility for Eventide Dividend Opportunities Fund (ETIDX) is 5.59%, while Inspire 100 ETF (BIBL) has a volatility of 6.91%. This indicates that ETIDX experiences smaller price fluctuations and is considered to be less risky than BIBL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ETIDX	BIBL	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.59%	6.91%	-1.32%
Volatility (6M) Calculated over the trailing 6-month period	12.02%	13.67%	-1.65%
Volatility (1Y) Calculated over the trailing 1-year period	14.88%	16.47%	-1.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.78%	19.76%	-1.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.27%	21.11%	-2.84%

ETIDX vs. BIBL - Expense Ratio Comparison

ETIDX has a 0.95% expense ratio, which is higher than BIBL's 0.35% expense ratio.

Dividends

ETIDX vs. BIBL - Dividend Comparison

ETIDX's dividend yield for the trailing twelve months is around 2.94%, more than BIBL's 0.95% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
BIBL Inspire 100 ETF	0.95%	1.01%	0.92%	1.02%	0.98%	17.87%	1.67%	1.30%	1.49%	0.31%
ETIDX Eventide Dividend Opportunities Fund	2.94%	3.58%	0.64%	0.67%	1.98%	2.78%	1.05%	1.99%	2.16%	1.41%

Frequently Asked Questions

Can I hold both ETIDX and BIBL in my portfolio?

With a correlation of 0.91, ETIDX and BIBL move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, ETIDX or BIBL?

BIBL has higher volatility (6.91%) compared to ETIDX (5.59%). In terms of maximum drawdown, ETIDX dropped -34.12% vs BIBL's -36.12%.

Which has better risk-adjusted returns?

BIBL currently has the higher Sharpe Ratio (2.45 vs 1.77), 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.