FVD vs. IBIC
FVD (First Trust Value Line Dividend Index Fund) and IBIC (iShares iBonds Oct 2026 Term TIPS ETF) are both exchange-traded funds - FVD is a Mid Cap Value Equities fund tracking the Value Line Dividend 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, FVD returned 9.84% vs 4.38% for IBIC. At a 0.02 correlation, their price movements are largely independent. FVD charges 0.61%/yr vs 0.10%/yr for IBIC.
Performance
FVD vs. IBIC - Performance Comparison
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Returns By Period
In the year-to-date period, FVD achieves a 3.30% return, which is significantly higher than IBIC's 2.39% return.
FVD
- 1D
- -0.17%
- 1M
- -1.17%
- YTD
- 3.30%
- 6M
- 2.96%
- 1Y
- 9.84%
- 3Y*
- 8.73%
- 5Y*
- 5.99%
- 10Y*
- 8.54%
IBIC
- 1D
- 0.06%
- 1M
- 0.08%
- YTD
- 2.39%
- 6M
- 2.49%
- 1Y
- 4.38%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FVD vs. IBIC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
FVD First Trust Value Line Dividend Index Fund | 3.30% | 8.16% | 10.04% | 4.54% |
IBIC iShares iBonds Oct 2026 Term TIPS ETF | 2.39% | 4.96% | 5.25% | 2.17% |
Correlation
The correlation between FVD and IBIC is -0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.08 |
Correlation (All Time) Calculated using the full available price history since Sep 15, 2023 | 0.02 |
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Return for Risk
FVD vs. IBIC — Risk / Return Rank
FVD
IBIC
FVD vs. IBIC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Value Line Dividend Index Fund (FVD) 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.
| FVD | IBIC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.93 | ||
| Sortino ratioReturn per unit of downside risk | -7.36 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 2.21 | -1.04 |
| Calmar ratioReturn relative to maximum drawdown | 1.37 | 16.41 | -15.05 |
| Martin ratioReturn relative to average drawdown | 3.52 | 58.11 | -54.59 |
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Drawdowns
FVD vs. IBIC - Drawdown Comparison
The maximum FVD drawdown since its inception was -51.00%, which is greater than IBIC's maximum drawdown of -0.90%. Use the drawdown chart below to compare losses from any high point for FVD and IBIC.
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Drawdown Indicators
| FVD | IBIC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.00% | -0.90% | -50.10% |
Max Drawdown (1Y)Largest decline over 1 year | -7.23% | -0.27% | -6.96% |
Max Drawdown (3Y)Largest decline over 3 years | -11.97% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -16.41% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -35.25% | — | — |
Current DrawdownCurrent decline from peak | -4.95% | -0.11% | -4.84% |
Average DrawdownAverage peak-to-trough decline | -5.44% | -0.10% | -5.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.80% | 0.08% | +2.72% |
Volatility
FVD vs. IBIC - Volatility Comparison
First Trust Value Line Dividend Index Fund (FVD) has a higher volatility of 3.12% compared to iShares iBonds Oct 2026 Term TIPS ETF (IBIC) at 0.16%. This indicates that FVD'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
| FVD | IBIC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.12% | 0.16% | +2.96% |
Volatility (6M)Calculated over the trailing 6-month period | 7.05% | 0.67% | +6.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.73% | 0.89% | +8.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.76% | 1.57% | +11.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.46% | 1.57% | +13.89% |
FVD vs. IBIC - Expense Ratio Comparison
FVD has a 0.61% expense ratio, which is higher than IBIC's 0.10% expense ratio.
Dividends
FVD vs. IBIC - Dividend Comparison
FVD's dividend yield for the trailing twelve months is around 2.29%, less than IBIC's 3.59% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FVD First Trust Value Line Dividend Index Fund | 2.29% | 2.36% | 2.23% | 2.34% | 2.20% | 1.75% | 2.31% | 2.03% | 2.50% | 2.10% | 2.04% | 2.34% |
IBIC iShares iBonds Oct 2026 Term TIPS ETF | 3.59% | 4.43% | 4.65% | 0.83% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
FVD and IBIC have a correlation of -0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FVD has higher volatility (3.12%) compared to IBIC (0.16%). In terms of maximum drawdown, FVD dropped -51.00% vs IBIC's -0.90%.
On 1-year performance, FVD leads with 9.84% vs 4.38% for IBIC. On fees, IBIC is cheaper at 0.10% per year. On volatility, IBIC has been the lower-risk option at 0.16%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, FVD has performed better with a 9.84% return vs 4.38%. 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 0.61% for FVD.
IBIC has the higher dividend yield at 3.59%, compared with 2.29% for FVD.
FVD is categorized as Mid Cap Value Equities, while IBIC is Inflation-Protected Bonds. FVD tracks Value Line Dividend Index, while IBIC tracks ICE 2026 Maturity US Inflation-Linked Treasury Index. They also come from different issuers: First Trust and iShares. Their fees differ too: 0.61% for FVD and 0.10% for IBIC.
IBIC currently has the higher Sharpe Ratio (4.94 vs 1.02), 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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