HYDR vs. RBIL

Last updated Jun 5, 2026

HYDR (Global X Hydrogen ETF) and RBIL (F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF) are both exchange-traded funds - HYDR is a Alternative Energy Equities fund tracking the Solactive Global Hydrogen Index - Benchmark TR Net, while RBIL is a Inflation-Protected Bonds fund tracking the Bloomberg US Ultrashort TIPS 1-13 Months Index. Both are passively managed. Over the past year, HYDR returned 232.59% vs 4.60% for RBIL. At a correlation of -0.13, they often move in opposite directions. HYDR charges 0.50%/yr vs 0.17%/yr for RBIL.

Performance

HYDR vs. RBIL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Hydrogen ETF (HYDR) and F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF (RBIL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HYDR achieves a 101.95% return, which is significantly higher than RBIL's 2.67% return.

HYDR

• 1D: -3.90%
• 1M: 2.47%
• YTD: 101.95%
• 6M: 76.41%
• 1Y: 232.59%
• 3Y*: 14.46%
• 5Y*: —
• 10Y*: —

RBIL

• 1D: -0.03%
• 1M: 0.34%
• YTD: 2.67%
• 6M: 2.74%
• 1Y: 4.60%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

HYDR vs. RBIL - Yearly Performance Comparison

	2026 (YTD)	2025
HYDR Global X Hydrogen ETF	101.95%	65.09%
RBIL F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF	2.67%	2.91%

Correlation

The correlation between HYDR and RBIL is -0.12, 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	-0.12
Correlation (All Time) Calculated using the full available price history since Feb 26, 2025	-0.13

Return for Risk

HYDR vs. RBIL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

HYDR

HYDR Risk / Return Rank: 91
HYDR Sharpe Ratio Rank: 96
HYDR Sortino Ratio Rank: 92
HYDR Omega Ratio Rank: 85
HYDR Calmar Ratio Rank: 95
HYDR Martin Ratio Rank: 87

RBIL

RBIL Risk / Return Rank: 98
RBIL Sharpe Ratio Rank: 98
RBIL Sortino Ratio Rank: 98
RBIL Omega Ratio Rank: 98
RBIL Calmar Ratio Rank: 98
RBIL Martin Ratio Rank: 98

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

HYDR vs. RBIL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Hydrogen ETF (HYDR) and F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF (RBIL). 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.

	HYDR	RBIL	Difference
Sharpe ratio: Return per unit of total volatility	4.32	5.06	-0.73
Sortino ratio: Return per unit of downside risk	4.37	8.01	-3.64
Omega ratio: Gain probability vs. loss probability	1.52	2.41	-0.89
Calmar ratio: Return relative to maximum drawdown	7.87	17.11	-9.25
Martin ratio: Return relative to average drawdown	18.50	71.11	-52.61
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HYDR vs. RBIL - Sharpe Ratio Comparison

The current HYDR Sharpe Ratio is 4.32, which is comparable to the RBIL Sharpe Ratio of 5.06. The chart below compares the historical Sharpe Ratios of HYDR and RBIL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	HYDR	RBIL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	4.32	5.06	-0.73
Sharpe Ratio (All Time) Calculated using the full available price history	-0.24	4.24	-4.48

Drawdowns

HYDR vs. RBIL - Drawdown Comparison

The maximum HYDR drawdown since its inception was -89.28%, which is greater than RBIL's maximum drawdown of -0.50%. Use the drawdown chart below to compare losses from any high point for HYDR and RBIL.

Drawdown Indicators

	HYDR	RBIL	Difference
Max Drawdown Largest peak-to-trough decline	-89.28%	-0.50%	-88.78%
Max Drawdown (1Y) Largest decline over 1 year	-29.76%	-0.27%	-29.49%
Max Drawdown (3Y) Largest decline over 3 years	-70.32%	—	—
Current Drawdown Current decline from peak	-53.63%	-0.03%	-53.60%
Average Drawdown Average peak-to-trough decline	-64.20%	-0.06%	-64.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.64%	0.06%	+12.58%

Volatility

HYDR vs. RBIL - Volatility Comparison

Global X Hydrogen ETF (HYDR) has a higher volatility of 18.28% compared to F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF (RBIL) at 0.30%. This indicates that HYDR's price experiences larger fluctuations and is considered to be riskier than RBIL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HYDR	RBIL	Difference
Volatility (1M) Calculated over the trailing 1-month period	18.28%	0.30%	+17.98%
Volatility (6M) Calculated over the trailing 6-month period	35.72%	0.79%	+34.93%
Volatility (1Y) Calculated over the trailing 1-year period	54.22%	0.92%	+53.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	47.24%	1.05%	+46.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	47.24%	1.05%	+46.19%

HYDR vs. RBIL - Expense Ratio Comparison

HYDR has a 0.50% expense ratio, which is higher than RBIL's 0.17% expense ratio.

Dividends

HYDR vs. RBIL - Dividend Comparison

HYDR's dividend yield for the trailing twelve months is around 1.89%, less than RBIL's 4.60% yield.

Position	TTM	2025	2024	2023	2022	2021
HYDR Global X Hydrogen ETF	1.89%	3.82%	0.40%	0.00%	0.00%	0.06%
RBIL F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF	4.60%	3.65%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both HYDR and RBIL in my portfolio?

HYDR and RBIL have a correlation of -0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HYDR or RBIL?

HYDR has higher volatility (18.28%) compared to RBIL (0.30%). In terms of maximum drawdown, HYDR dropped -89.28% vs RBIL's -0.50%.

Which ETF is better, HYDR or RBIL?

On 1-year performance, HYDR leads with 232.59% vs 4.60% for RBIL. On fees, RBIL is cheaper at 0.17% per year. On volatility, RBIL has been the lower-risk option at 0.30%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, HYDR or RBIL?

Over the 1-year period, HYDR has performed better with a 232.59% return vs 4.60%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, HYDR or RBIL?

RBIL is cheaper with a 0.17% expense ratio, compared with 0.50% for HYDR.

Which ETF pays a higher dividend yield, HYDR or RBIL?

RBIL has the higher dividend yield at 4.60%, compared with 1.89% for HYDR.

What is the main difference between HYDR and RBIL?

HYDR is categorized as Alternative Energy Equities, while RBIL is Inflation-Protected Bonds. HYDR tracks Solactive Global Hydrogen Index - Benchmark TR Net, while RBIL tracks Bloomberg US Ultrashort TIPS 1-13 Months Index. They also come from different issuers: Global X and F/m. Their fees differ too: 0.50% for HYDR and 0.17% for RBIL.

Which has better risk-adjusted returns?

RBIL currently has the higher Sharpe Ratio (5.06 vs 4.32), 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.