IB26.DE vs. TCBT.DE
IB26.DE (iShares iBonds Dec 2026 Term EUR Corporate UCITS ETF EUR (Dist)) and TCBT.DE (VanEck iBoxx EUR Corporates UCITS ETF) are both European Corporate Bonds funds - IB26.DE tracks the Bloomberg MSCI December 2026 Maturity EUR Corporate ESG Screened Index while TCBT.DE tracks the iBoxx® SD-KPI EUR Liquid Corporates. Both are passively managed. Over the past year, IB26.DE returned 2.17% vs 1.34% for TCBT.DE. A 0.59 correlation means they provide meaningful diversification when combined. IB26.DE charges 0.12%/yr vs 0.15%/yr for TCBT.DE.
Performance
IB26.DE vs. TCBT.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IB26.DE achieves a 0.88% return, which is significantly higher than TCBT.DE's 0.36% return.
IB26.DE
- 1D
- 0.02%
- 1M
- 0.29%
- YTD
- 0.88%
- 6M
- 1.06%
- 1Y
- 2.17%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TCBT.DE
- 1D
- -0.09%
- 1M
- 0.63%
- YTD
- 0.36%
- 6M
- 0.02%
- 1Y
- 1.34%
- 3Y*
- 3.98%
- 5Y*
- -0.18%
- 10Y*
- —
IB26.DE vs. TCBT.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
IB26.DE iShares iBonds Dec 2026 Term EUR Corporate UCITS ETF EUR (Dist) | 0.88% | 2.79% | 3.68% | 3.19% |
TCBT.DE VanEck iBoxx EUR Corporates UCITS ETF | 0.36% | 2.42% | 3.35% | 5.18% |
Correlation
The correlation between IB26.DE and TCBT.DE is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.14 |
Correlation (All Time) Calculated using the full available price history since Aug 11, 2023 | 0.59 |
Over the past year, the correlation between IB26.DE and TCBT.DE has dropped to 0.14 - well below their long-term average of 0.59, suggesting their price drivers have been diverging.
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
IB26.DE vs. TCBT.DE — Risk / Return Rank
IB26.DE
TCBT.DE
IB26.DE vs. TCBT.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares iBonds Dec 2026 Term EUR Corporate UCITS ETF EUR (Dist) (IB26.DE) and VanEck iBoxx EUR Corporates UCITS ETF (TCBT.DE). 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.
| IB26.DE | TCBT.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.71 | ||
| Sortino ratioReturn per unit of downside risk | +4.56 | ||
| Omega ratioGain probability vs. loss probability | 1.66 | 1.06 | +0.60 |
| Calmar ratioReturn relative to maximum drawdown | 11.70 | 0.40 | +11.31 |
| Martin ratioReturn relative to average drawdown | 54.81 | 1.19 | +53.62 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| IB26.DE | TCBT.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.01 | 0.30 | +2.71 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | -0.04 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 2.62 | 0.18 | +2.44 |
Drawdowns
IB26.DE vs. TCBT.DE - Drawdown Comparison
The maximum IB26.DE drawdown since its inception was -0.83%, smaller than the maximum TCBT.DE drawdown of -16.90%. Use the drawdown chart below to compare losses from any high point for IB26.DE and TCBT.DE.
Loading charts...
Drawdown Indicators
| IB26.DE | TCBT.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -0.83% | -16.90% | +16.07% |
Max Drawdown (1Y)Largest decline over 1 year | -0.18% | -3.39% | +3.21% |
Max Drawdown (3Y)Largest decline over 3 years | — | -3.39% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -16.88% | — |
Current DrawdownCurrent decline from peak | 0.00% | -2.09% | +2.09% |
Average DrawdownAverage peak-to-trough decline | -0.11% | -5.10% | +4.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.04% | 1.13% | -1.09% |
Volatility
IB26.DE vs. TCBT.DE - Volatility Comparison
The current volatility for iShares iBonds Dec 2026 Term EUR Corporate UCITS ETF EUR (Dist) (IB26.DE) is 0.25%, while VanEck iBoxx EUR Corporates UCITS ETF (TCBT.DE) has a volatility of 1.20%. This indicates that IB26.DE experiences smaller price fluctuations and is considered to be less risky than TCBT.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IB26.DE | TCBT.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.25% | 1.20% | -0.95% |
Volatility (6M)Calculated over the trailing 6-month period | 0.51% | 4.05% | -3.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 0.72% | 4.46% | -3.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.43% | 5.18% | -3.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.43% | 5.36% | -3.93% |
IB26.DE vs. TCBT.DE - Expense Ratio Comparison
IB26.DE has a 0.12% expense ratio, which is lower than TCBT.DE's 0.15% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
IB26.DE vs. TCBT.DE - Dividend Comparison
IB26.DE's dividend yield for the trailing twelve months is around 3.14%, more than TCBT.DE's 2.67% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
IB26.DE iShares iBonds Dec 2026 Term EUR Corporate UCITS ETF EUR (Dist) | 3.14% | 3.24% | 3.59% | 1.20% | 0.00% | 0.00% | 0.00% | 0.00% |
TCBT.DE VanEck iBoxx EUR Corporates UCITS ETF | 2.67% | 2.45% | 2.39% | 1.12% | 1.39% | 0.75% | 1.00% | 1.07% |
Frequently Asked Questions
IB26.DE and TCBT.DE 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.
On fees, IB26.DE is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IB26.DE is cheaper with a 0.12% expense ratio, compared with 0.15% for TCBT.DE.
IB26.DE tracks Bloomberg MSCI December 2026 Maturity EUR Corporate ESG Screened Index, while TCBT.DE tracks iBoxx® SD-KPI EUR Liquid Corporates. They also come from different issuers: iShares and VanEck. Their fees differ too: 0.12% for IB26.DE and 0.15% for TCBT.DE.
Find the right allocation for IB26.DE and TCBT.DE
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