HOYY vs. IBIC
HOYY (GraniteShares YieldBOOST HOOD ETF) and IBIC (iShares iBonds Oct 2026 Term TIPS ETF) are both exchange-traded funds - HOYY is a Derivative Income fund actively managed by GraniteShares, while IBIC is a Inflation-Protected Bonds fund tracking the ICE 2026 Maturity US Inflation-Linked Treasury Index. HOYY is actively managed, while IBIC is passively managed. Their -0.15 correlation means they have often moved in opposite directions in the past. HOYY charges 1.07%/yr vs 0.10%/yr for IBIC.
Performance
HOYY vs. IBIC - Performance Comparison
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Returns By Period
In the year-to-date period, HOYY achieves a -31.03% return, which is significantly lower than IBIC's 2.63% return.
HOYY
- 1D
- 0.86%
- 1M
- -4.16%
- 6M
- -19.22%
- YTD
- -31.03%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
IBIC
- 1D
- -0.04%
- 1M
- 0.18%
- 6M
- 2.33%
- YTD
- 2.63%
- 1Y
- 3.98%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 5.22%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $112.29K | $103.91K | $156.72K | |
| $985.11K | $822.88K | $536.84K |
HOYY vs. IBIC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
HOYY GraniteShares YieldBOOST HOOD ETF | -31.03% | -23.57% |
IBIC iShares iBonds Oct 2026 Term TIPS ETF | 2.63% | 0.61% |
Correlation
The correlation between HOYY and IBIC is -0.15, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Sep 30, 2025 | -0.15 |
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Return for Risk
HOYY vs. IBIC — Risk / Return Rank
HOYY
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
IBIC
HOYY vs. IBIC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GraniteShares YieldBOOST HOOD ETF (HOYY) 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.
| HOYY | IBIC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 2.07 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 14.92 | — |
| Martin ratioReturn relative to average drawdown | — | 50.81 | — |
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Drawdowns
HOYY vs. IBIC - Drawdown Comparison
The maximum HOYY drawdown since its inception was -51.67%, which is greater than IBIC's maximum drawdown of -0.90%. Use the drawdown chart below to compare losses from any high point for HOYY and IBIC.
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Drawdown Indicators
| HOYY | IBIC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.67% | -0.90% | -50.77% |
Max Drawdown (1Y)Largest decline over 1 year | — | -0.27% | — |
Current DrawdownCurrent decline from peak | -50.60% | -0.12% | -50.48% |
Average DrawdownAverage peak-to-trough decline | -35.68% | -0.10% | -35.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.08% | — |
Volatility
HOYY vs. IBIC - Volatility Comparison
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Volatility by Period
| HOYY | IBIC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 0.23% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 0.69% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 33.94% | 0.88% | +33.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.94% | 1.54% | +32.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.94% | 1.54% | +32.40% |
HOYY vs. IBIC - Expense Ratio Comparison
HOYY has a 1.07% expense ratio, which is higher than IBIC's 0.10% expense ratio.
Dividends
HOYY vs. IBIC - Dividend Comparison
HOYY's dividend yield for the trailing twelve months is around 232.02%, more than IBIC's 4.62% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
HOYY GraniteShares YieldBOOST HOOD ETF | 232.02% | 50.51% | 0.00% | 0.00% |
IBIC iShares iBonds Oct 2026 Term TIPS ETF | 4.62% | 4.43% | 4.65% | 0.83% |
Frequently Asked Questions
HOYY and IBIC have a correlation of -0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IBIC is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IBIC is cheaper with a 0.10% expense ratio, compared with 1.07% for HOYY.
HOYY has the higher dividend yield at 232.02%, compared with 4.62% for IBIC.
HOYY is categorized as Derivative Income, while IBIC is Inflation-Protected Bonds. They also come from different issuers: GraniteShares and iShares. Their fees differ too: 1.07% for HOYY and 0.10% for IBIC.
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