FIBR vs. RAVI
Compare and contrast key facts about iShares U.S. Fixed Income Balanced Risk Systematic ETF (FIBR) and FlexShares Ultra-Short Income ETF (RAVI).
FIBR and RAVI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FIBR is a passively managed fund by iShares that tracks the performance of the Bloomberg U.S. Fixed Income Balanced Risk Index. It was launched on Feb 24, 2015. RAVI is an actively managed fund by FlexShares. It was launched on Oct 9, 2012.
Performance
FIBR vs. RAVI - Performance Comparison
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FIBR vs. RAVI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FIBR iShares U.S. Fixed Income Balanced Risk Systematic ETF | -0.11% | 8.32% | 6.04% | 8.22% | -13.57% | -1.00% | 3.31% | 10.03% | -0.93% | 3.89% |
RAVI FlexShares Ultra-Short Income ETF | 0.72% | 4.98% | 5.67% | 5.55% | 0.15% | -0.04% | 2.06% | 3.49% | 1.65% | 1.22% |
Returns By Period
In the year-to-date period, FIBR achieves a -0.11% return, which is significantly lower than RAVI's 0.72% return. Both investments have delivered pretty close results over the past 10 years, with FIBR having a 2.49% annualized return and RAVI not far ahead at 2.61%.
FIBR
- 1D
- 0.44%
- 1M
- -1.96%
- YTD
- -0.11%
- 6M
- 0.96%
- 1Y
- 6.43%
- 3Y*
- 6.53%
- 5Y*
- 1.67%
- 10Y*
- 2.49%
RAVI
- 1D
- 0.06%
- 1M
- 0.03%
- YTD
- 0.72%
- 6M
- 1.90%
- 1Y
- 4.36%
- 3Y*
- 5.24%
- 5Y*
- 3.38%
- 10Y*
- 2.61%
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FIBR vs. RAVI - Expense Ratio Comparison
Both FIBR and RAVI have an expense ratio of 0.25%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Return for Risk
FIBR vs. RAVI — Risk / Return Rank
FIBR
RAVI
FIBR vs. RAVI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Fixed Income Balanced Risk Systematic ETF (FIBR) and FlexShares Ultra-Short Income ETF (RAVI). 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.
| FIBR | RAVI | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.67 | 8.55 | -6.88 |
Sortino ratioReturn per unit of downside risk | 2.40 | 14.44 | -12.04 |
Omega ratioGain probability vs. loss probability | 1.31 | 3.86 | -2.54 |
Calmar ratioReturn relative to maximum drawdown | 2.25 | 12.19 | -9.94 |
Martin ratioReturn relative to average drawdown | 9.19 | 78.58 | -69.39 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FIBR | RAVI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.67 | 8.55 | -6.88 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.30 | 2.40 | -2.10 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.51 | 2.04 | -1.53 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.50 | 1.99 | -1.48 |
Correlation
The correlation between FIBR and RAVI is 0.31, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
FIBR vs. RAVI - Dividend Comparison
FIBR's dividend yield for the trailing twelve months is around 4.70%, more than RAVI's 4.50% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIBR iShares U.S. Fixed Income Balanced Risk Systematic ETF | 4.70% | 4.78% | 5.04% | 4.44% | 3.27% | 1.92% | 2.57% | 3.27% | 3.61% | 2.74% | 2.92% | 2.26% |
RAVI FlexShares Ultra-Short Income ETF | 4.50% | 4.59% | 5.34% | 4.55% | 1.70% | 0.90% | 1.29% | 2.53% | 2.22% | 1.28% | 0.90% | 0.00% |
Drawdowns
FIBR vs. RAVI - Drawdown Comparison
The maximum FIBR drawdown since its inception was -18.47%, which is greater than RAVI's maximum drawdown of -3.72%. Use the drawdown chart below to compare losses from any high point for FIBR and RAVI.
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Drawdown Indicators
| FIBR | RAVI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.47% | -3.72% | -14.75% |
Max Drawdown (1Y)Largest decline over 1 year | -2.84% | -0.36% | -2.48% |
Max Drawdown (5Y)Largest decline over 5 years | -18.47% | -3.28% | -15.19% |
Max Drawdown (10Y)Largest decline over 10 years | -18.47% | -3.72% | -14.75% |
Current DrawdownCurrent decline from peak | -1.96% | 0.00% | -1.96% |
Average DrawdownAverage peak-to-trough decline | -3.30% | -0.18% | -3.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.69% | 0.06% | +0.63% |
Volatility
FIBR vs. RAVI - Volatility Comparison
iShares U.S. Fixed Income Balanced Risk Systematic ETF (FIBR) has a higher volatility of 1.91% compared to FlexShares Ultra-Short Income ETF (RAVI) at 0.16%. This indicates that FIBR's price experiences larger fluctuations and is considered to be riskier than RAVI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FIBR | RAVI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.91% | 0.16% | +1.75% |
Volatility (6M)Calculated over the trailing 6-month period | 2.96% | 0.28% | +2.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.87% | 0.51% | +3.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.59% | 1.41% | +4.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.93% | 1.29% | +3.64% |