IBAT vs. IBID

Last updated Jun 24, 2026

IBAT (iShares Energy Storage & Materials ETF) and IBID (iShares iBonds Oct 2027 Term TIPS ETF) are both exchange-traded funds - IBAT is a Alternative Energy Equities fund tracking the STOXX Global Energy Storage and Materials, while IBID is a Inflation-Protected Bonds fund tracking the ICE 2027 Maturity US Inflation-Linked Treasury Index. Both are passively managed. Over the past year, IBAT returned 118.21% vs 3.92% for IBID. At a correlation of -0.06, they often move in opposite directions. IBAT charges 0.47%/yr vs 0.10%/yr for IBID.

Performance

IBAT vs. IBID - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Energy Storage & Materials ETF (IBAT) and iShares iBonds Oct 2027 Term TIPS ETF (IBID). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IBAT achieves a 57.07% return, which is significantly higher than IBID's 1.94% return.

IBAT

• 1D: -6.13%
• 1M: -0.00%
• YTD: 57.07%
• 6M: 55.05%
• 1Y: 118.21%
• 3Y*: —
• 5Y*: —
• 10Y*: —

IBID

• 1D: -0.05%
• 1M: -0.25%
• YTD: 1.94%
• 6M: 2.03%
• 1Y: 3.92%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

IBAT vs. IBID - Yearly Performance Comparison

	2026 (YTD)	2025	2024
IBAT iShares Energy Storage & Materials ETF	57.07%	32.09%	-13.29%
IBID iShares iBonds Oct 2027 Term TIPS ETF	1.94%	5.66%	4.30%

Correlation

The correlation between IBAT and IBID is -0.15, 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	-0.15
Correlation (All Time) Calculated using the full available price history since Mar 21, 2024	-0.06

Return for Risk

IBAT vs. IBID — Risk / Return Rank

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

IBAT

IBAT Risk / Return Rank: 94
IBAT Sharpe Ratio Rank: 97
IBAT Sortino Ratio Rank: 93
IBAT Omega Ratio Rank: 93
IBAT Calmar Ratio Rank: 96
IBAT Martin Ratio Rank: 93

IBID

IBID Risk / Return Rank: 95
IBID Sharpe Ratio Rank: 94
IBID Sortino Ratio Rank: 96
IBID Omega Ratio Rank: 95
IBID Calmar Ratio Rank: 95
IBID Martin Ratio Rank: 95

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.

IBAT vs. IBID - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Energy Storage & Materials ETF (IBAT) and iShares iBonds Oct 2027 Term TIPS ETF (IBID). 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.

	IBAT	IBID	Difference
Sharpe ratio: Return per unit of total volatility	4.11	3.19	+0.92
Sortino ratio: Return per unit of downside risk	4.27	5.38	-1.11
Omega ratio: Gain probability vs. loss probability	1.60	1.72	-0.11
Calmar ratio: Return relative to maximum drawdown	8.67	7.20	+1.47
Martin ratio: Return relative to average drawdown	24.09	29.14	-5.05

IBAT vs. IBID - Sharpe Ratio Comparison

The current IBAT Sharpe Ratio is 4.11, which is comparable to the IBID Sharpe Ratio of 3.19. The chart below compares the historical Sharpe Ratios of IBAT and IBID, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

IBAT vs. IBID - Drawdown Comparison

The maximum IBAT drawdown since its inception was -28.26%, which is greater than IBID's maximum drawdown of -1.28%. Use the drawdown chart below to compare losses from any high point for IBAT and IBID.

Drawdown Indicators

	IBAT	IBID	Difference
Max Drawdown Largest peak-to-trough decline	-28.26%	-1.28%	-26.98%
Max Drawdown (1Y) Largest decline over 1 year	-13.71%	-0.55%	-13.16%
Current Drawdown Current decline from peak	-6.13%	-0.55%	-5.58%
Average Drawdown Average peak-to-trough decline	-7.70%	-0.22%	-7.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.93%	0.13%	+4.80%

Volatility

IBAT vs. IBID - Volatility Comparison

iShares Energy Storage & Materials ETF (IBAT) has a higher volatility of 14.59% compared to iShares iBonds Oct 2027 Term TIPS ETF (IBID) at 0.35%. This indicates that IBAT's price experiences larger fluctuations and is considered to be riskier than IBID based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IBAT	IBID	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.59%	0.35%	+14.24%
Volatility (6M) Calculated over the trailing 6-month period	23.56%	0.86%	+22.70%
Volatility (1Y) Calculated over the trailing 1-year period	28.95%	1.23%	+27.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.02%	2.24%	+22.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.02%	2.24%	+22.78%

IBAT vs. IBID - Expense Ratio Comparison

IBAT has a 0.47% expense ratio, which is higher than IBID's 0.10% expense ratio.

Dividends

IBAT vs. IBID - Dividend Comparison

IBAT's dividend yield for the trailing twelve months is around 0.68%, less than IBID's 3.68% yield.

Position	TTM	2025	2024	2023
IBAT iShares Energy Storage & Materials ETF	0.68%	1.15%	1.37%	0.00%
IBID iShares iBonds Oct 2027 Term TIPS ETF	3.68%	4.43%	4.24%	0.81%

Frequently Asked Questions

Can I hold both IBAT and IBID in my portfolio?

IBAT and IBID 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.

Which is riskier, IBAT or IBID?

IBAT has higher volatility (14.59%) compared to IBID (0.35%). In terms of maximum drawdown, IBAT dropped -28.26% vs IBID's -1.28%.

Which ETF is better, IBAT or IBID?

On 1-year performance, IBAT leads with 118.21% vs 3.92% for IBID. On fees, IBID is cheaper at 0.10% per year. On volatility, IBID has been the lower-risk option at 0.35%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IBAT or IBID?

Over the 1-year period, IBAT has performed better with a 118.21% return vs 3.92%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IBAT or IBID?

IBID is cheaper with a 0.10% expense ratio, compared with 0.47% for IBAT.

Which ETF pays a higher dividend yield, IBAT or IBID?

IBID has the higher dividend yield at 3.68%, compared with 0.68% for IBAT.

What is the main difference between IBAT and IBID?

IBAT is categorized as Alternative Energy Equities, while IBID is Inflation-Protected Bonds. IBAT tracks STOXX Global Energy Storage and Materials, while IBID tracks ICE 2027 Maturity US Inflation-Linked Treasury Index. Their fees differ too: 0.47% for IBAT and 0.10% for IBID.

Which has better risk-adjusted returns?

IBAT currently has the higher Sharpe Ratio (4.11 vs 3.19), 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.