GXDW vs. IBID
GXDW (Global X Dorsey Wright Thematic ETF) and IBID (iShares iBonds Oct 2027 Term TIPS ETF) are both exchange-traded funds - GXDW is a Systematic Trend fund tracking the Nasdaq Dorsey Wright Thematic Rotation Total Return Index, while IBID is a Inflation-Protected Bonds fund tracking the ICE 2027 Maturity US Inflation-Linked Treasury Index. Both are passively managed. Over the past year, GXDW returned -4.05% vs 3.78% for IBID. At a 0.02 correlation, their price movements are largely independent. GXDW charges 0.50%/yr vs 0.10%/yr for IBID.
Performance
GXDW vs. IBID - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, GXDW achieves a 1.70% return, which is significantly lower than IBID's 2.21% return.
GXDW
- 1D
- 1.18%
- 1M
- -11.94%
- 6M
- -5.62%
- YTD
- 1.70%
- 1Y
- -4.05%
- 3Y*
- -4.23%
- 5Y*
- -12.06%
- 10Y*
- —
IBID
- 1D
- -0.14%
- 1M
- -0.19%
- 6M
- 2.12%
- YTD
- 2.21%
- 1Y
- 3.78%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GXDW vs. IBID - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
GXDW Global X Dorsey Wright Thematic ETF | 1.70% | 3.52% | -3.55% | -1.88% |
IBID iShares iBonds Oct 2027 Term TIPS ETF | 2.21% | 5.66% | 4.71% | 2.61% |
Correlation
The correlation between GXDW and IBID is -0.14, 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 | -0.14 |
Correlation (All Time) Calculated using the full available price history since Sep 15, 2023 | 0.02 |
The correlation between GXDW and IBID shifts across timeframes, from -0.14 (1 year) to 0.02 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
GXDW vs. IBID — Risk / Return Rank
GXDW
IBID
GXDW vs. IBID - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Dorsey Wright Thematic ETF (GXDW) and iShares iBonds Oct 2027 Term TIPS ETF (IBID). 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.
| GXDW | IBID | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.19 | ||
| Sortino ratioReturn per unit of downside risk | -5.08 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.67 | -0.67 |
| Calmar ratioReturn relative to maximum drawdown | -0.17 | 6.90 | -7.06 |
| Martin ratioReturn relative to average drawdown | -0.36 | 23.96 | -24.31 |
Loading charts...
Drawdowns
GXDW vs. IBID - Drawdown Comparison
The maximum GXDW drawdown since its inception was -67.81%, which is greater than IBID's maximum drawdown of -1.28%. Use the drawdown chart below to compare losses from any high point for GXDW and IBID.
Loading charts...
Drawdown Indicators
| GXDW | IBID | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -67.81% | -1.28% | -66.53% |
Max Drawdown (1Y)Largest decline over 1 year | -24.65% | -0.55% | -24.10% |
Max Drawdown (3Y)Largest decline over 3 years | -29.97% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -61.17% | — | — |
Current DrawdownCurrent decline from peak | -59.80% | -0.28% | -59.52% |
Average DrawdownAverage peak-to-trough decline | -43.27% | -0.23% | -43.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.33% | 0.16% | +11.17% |
Volatility
GXDW vs. IBID - Volatility Comparison
Global X Dorsey Wright Thematic ETF (GXDW) has a higher volatility of 10.60% compared to iShares iBonds Oct 2027 Term TIPS ETF (IBID) at 0.41%. This indicates that GXDW's price experiences larger fluctuations and is considered to be riskier than IBID based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| GXDW | IBID | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.60% | 0.41% | +10.19% |
Volatility (6M)Calculated over the trailing 6-month period | 23.42% | 0.91% | +22.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.44% | 1.24% | +28.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.39% | 2.23% | +26.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.92% | 2.23% | +27.69% |
GXDW vs. IBID - Expense Ratio Comparison
GXDW has a 0.50% expense ratio, which is higher than IBID's 0.10% expense ratio.
Dividends
GXDW vs. IBID - Dividend Comparison
GXDW's dividend yield for the trailing twelve months is around 1.47%, less than IBID's 4.91% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
GXDW Global X Dorsey Wright Thematic ETF | 1.47% | 1.40% | 1.08% | 1.99% | 1.48% | 1.56% | 0.48% | 0.31% |
IBID iShares iBonds Oct 2027 Term TIPS ETF | 4.91% | 4.43% | 4.24% | 0.81% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
GXDW and IBID have a correlation of -0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GXDW has higher volatility (10.60%) compared to IBID (0.41%). In terms of maximum drawdown, GXDW dropped -67.81% vs IBID's -1.28%.
On 1-year performance, IBID leads with 3.78% vs -4.05% for GXDW. On fees, IBID is cheaper at 0.10% per year. On volatility, IBID has been the lower-risk option at 0.41%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, IBID has performed better with a 3.78% return vs -4.05%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IBID is cheaper with a 0.10% expense ratio, compared with 0.50% for GXDW.
IBID has the higher dividend yield at 4.91%, compared with 1.47% for GXDW.
GXDW is categorized as Systematic Trend, while IBID is Inflation-Protected Bonds. GXDW tracks Nasdaq Dorsey Wright Thematic Rotation Total Return Index, while IBID tracks ICE 2027 Maturity US Inflation-Linked Treasury Index. They also come from different issuers: Global X and iShares. Their fees differ too: 0.50% for GXDW and 0.10% for IBID.
IBID currently has the higher Sharpe Ratio (3.05 vs -0.14), 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.
Find the right allocation for GXDW and IBID
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer