HNDL vs. IBIC
HNDL (Strategy Shares Nasdaq 7HANDL Index ETF) and IBIC (iShares iBonds Oct 2026 Term TIPS ETF) are both exchange-traded funds - HNDL is a Diversified Portfolio fund tracking the NASDAQ 7 HANDL™ 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, HNDL returned 14.43% vs 4.42% for IBIC. At a 0.13 correlation, their price movements are largely independent. HNDL charges 0.97%/yr vs 0.10%/yr for IBIC.
Performance
HNDL vs. IBIC - Performance Comparison
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Returns By Period
In the year-to-date period, HNDL achieves a 6.62% return, which is significantly higher than IBIC's 2.43% return.
HNDL
- 1D
- -0.20%
- 1M
- -0.34%
- YTD
- 6.62%
- 6M
- 6.43%
- 1Y
- 14.43%
- 3Y*
- 11.67%
- 5Y*
- 4.77%
- 10Y*
- —
IBIC
- 1D
- 0.04%
- 1M
- 0.12%
- YTD
- 2.43%
- 6M
- 2.57%
- 1Y
- 4.42%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
HNDL vs. IBIC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
HNDL Strategy Shares Nasdaq 7HANDL Index ETF | 6.62% | 10.76% | 10.66% | 5.65% |
IBIC iShares iBonds Oct 2026 Term TIPS ETF | 2.43% | 4.96% | 5.25% | 2.17% |
Correlation
The correlation between HNDL and IBIC 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 | 0.13 |
The correlation between HNDL and IBIC shifts across timeframes, from -0.14 (1 year) to 0.13 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
HNDL vs. IBIC — Risk / Return Rank
HNDL
IBIC
HNDL vs. IBIC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Strategy Shares Nasdaq 7HANDL Index ETF (HNDL) 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.
| HNDL | IBIC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.08 | ||
| Sortino ratioReturn per unit of downside risk | -6.34 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 2.22 | -0.87 |
| Calmar ratioReturn relative to maximum drawdown | 2.92 | 16.56 | -13.64 |
| Martin ratioReturn relative to average drawdown | 11.88 | 58.67 | -46.80 |
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Drawdowns
HNDL vs. IBIC - Drawdown Comparison
The maximum HNDL drawdown since its inception was -23.72%, which is greater than IBIC's maximum drawdown of -0.90%. Use the drawdown chart below to compare losses from any high point for HNDL and IBIC.
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Drawdown Indicators
| HNDL | IBIC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.72% | -0.90% | -22.82% |
Max Drawdown (1Y)Largest decline over 1 year | -4.96% | -0.27% | -4.69% |
Max Drawdown (3Y)Largest decline over 3 years | -12.25% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -23.72% | — | — |
Current DrawdownCurrent decline from peak | -0.77% | -0.08% | -0.69% |
Average DrawdownAverage peak-to-trough decline | -4.84% | -0.10% | -4.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.22% | 0.08% | +1.14% |
Volatility
HNDL vs. IBIC - Volatility Comparison
Strategy Shares Nasdaq 7HANDL Index ETF (HNDL) has a higher volatility of 2.68% compared to iShares iBonds Oct 2026 Term TIPS ETF (IBIC) at 0.17%. This indicates that HNDL'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
| HNDL | IBIC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.68% | 0.17% | +2.51% |
Volatility (6M)Calculated over the trailing 6-month period | 5.94% | 0.67% | +5.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.63% | 0.89% | +6.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.55% | 1.56% | +9.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.74% | 1.56% | +9.18% |
HNDL vs. IBIC - Expense Ratio Comparison
HNDL has a 0.97% expense ratio, which is higher than IBIC's 0.10% expense ratio.
Dividends
HNDL vs. IBIC - Dividend Comparison
HNDL's dividend yield for the trailing twelve months is around 6.89%, more than IBIC's 3.58% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
HNDL Strategy Shares Nasdaq 7HANDL Index ETF | 6.89% | 6.86% | 7.02% | 6.78% | 7.87% | 6.86% | 6.21% | 5.27% | 6.42% |
IBIC iShares iBonds Oct 2026 Term TIPS ETF | 3.58% | 4.43% | 4.65% | 0.83% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
HNDL and IBIC 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.
HNDL has higher volatility (2.68%) compared to IBIC (0.17%). In terms of maximum drawdown, HNDL dropped -23.72% vs IBIC's -0.90%.
On 1-year performance, HNDL leads with 14.43% 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, HNDL has performed better with a 14.43% 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 HNDL.
HNDL has the higher dividend yield at 6.89%, compared with 3.58% for IBIC.
HNDL is categorized as Diversified Portfolio, while IBIC is Inflation-Protected Bonds. HNDL tracks NASDAQ 7 HANDL™ Index, while IBIC tracks ICE 2026 Maturity US Inflation-Linked Treasury Index. They also come from different issuers: Rational Capital LLC and iShares. Their fees differ too: 0.97% for HNDL and 0.10% for IBIC.
IBIC currently has the higher Sharpe Ratio (4.99 vs 1.90), 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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