IAUI vs. RBIL

Last updated Jun 4, 2026

IAUI (NEOS Gold High Income ETF) and RBIL (F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF) are both exchange-traded funds - IAUI is a Derivative Income fund actively managed by Neos, while RBIL is a Inflation-Protected Bonds fund tracking the Bloomberg US Ultrashort TIPS 1-13 Months Index. IAUI is actively managed, while RBIL is passively managed. At a correlation of -0.12, they often move in opposite directions. IAUI charges 0.78%/yr vs 0.17%/yr for RBIL.

Performance

IAUI vs. RBIL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in NEOS Gold High Income ETF (IAUI) 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, IAUI achieves a 1.64% return, which is significantly lower than RBIL's 2.70% return.

IAUI

• 1D: -0.88%
• 1M: -1.01%
• YTD: 1.64%
• 6M: 4.00%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

RBIL

• 1D: 0.06%
• 1M: 0.38%
• YTD: 2.70%
• 6M: 2.79%
• 1Y: 4.57%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

IAUI vs. RBIL - Yearly Performance Comparison

	2026 (YTD)	2025
IAUI NEOS Gold High Income ETF	1.64%	20.56%
RBIL F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF	2.70%	1.88%

Correlation

The correlation between IAUI 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 (All Time) Calculated using the full available price history since Jun 6, 2025	-0.12

Return for Risk

IAUI vs. RBIL — Risk / Return Rank

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

RBIL

RBIL Risk / Return Rank: 98
RBIL Sharpe Ratio Rank: 97
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.

IAUI vs. RBIL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for NEOS Gold High Income ETF (IAUI) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	IAUI	RBIL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	5.01	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.13	4.28	-3.15

Drawdowns

IAUI vs. RBIL - Drawdown Comparison

The maximum IAUI drawdown since its inception was -16.88%, which is greater than RBIL's maximum drawdown of -0.50%. Use the drawdown chart below to compare losses from any high point for IAUI and RBIL.

Drawdown Indicators

	IAUI	RBIL	Difference
Max Drawdown Largest peak-to-trough decline	-16.88%	-0.50%	-16.38%
Max Drawdown (1Y) Largest decline over 1 year	—	-0.27%	—
Current Drawdown Current decline from peak	-13.80%	0.00%	-13.80%
Average Drawdown Average peak-to-trough decline	-3.45%	-0.06%	-3.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.07%	—

Volatility

Volatility by Period

	IAUI	RBIL	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.30%	—
Volatility (6M) Calculated over the trailing 6-month period	—	0.79%	—
Volatility (1Y) Calculated over the trailing 1-year period	20.31%	0.92%	+19.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.31%	1.05%	+19.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.31%	1.05%	+19.26%

IAUI vs. RBIL - Expense Ratio Comparison

IAUI has a 0.78% expense ratio, which is higher than RBIL's 0.17% expense ratio.

Dividends

IAUI vs. RBIL - Dividend Comparison

IAUI's dividend yield for the trailing twelve months is around 12.65%, more than RBIL's 4.60% yield.

Position	TTM	2025
IAUI NEOS Gold High Income ETF	12.65%	6.88%
RBIL F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF	4.60%	3.65%

Frequently Asked Questions

Can I hold both IAUI and RBIL in my portfolio?

IAUI 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 ETF is better, IAUI or RBIL?

On fees, RBIL is cheaper at 0.17% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IAUI or RBIL?

RBIL is cheaper with a 0.17% expense ratio, compared with 0.78% for IAUI.

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

IAUI has the higher dividend yield at 12.65%, compared with 4.60% for RBIL.

What is the main difference between IAUI and RBIL?

IAUI is categorized as Derivative Income, while RBIL is Inflation-Protected Bonds. They also come from different issuers: Neos and F/m. Their fees differ too: 0.78% for IAUI and 0.17% for RBIL.