IBAT vs. REXC

Last updated Jun 4, 2026

IBAT (iShares Energy Storage & Materials ETF) and REXC (Sprott Rare Earths Ex-China ETF) are both exchange-traded funds - IBAT is a Alternative Energy Equities fund tracking the STOXX Global Energy Storage and Materials, while REXC is a Energy Equities fund tracking the Nasdaq Sprott Rare Earths Ex-China Index. Both are passively managed. A 0.67 correlation means they provide meaningful diversification when combined. IBAT charges 0.47%/yr vs 0.65%/yr for REXC.

Performance

IBAT vs. REXC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Energy Storage & Materials ETF (IBAT) and Sprott Rare Earths Ex-China ETF (REXC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

IBAT

• 1D: -1.22%
• 1M: 10.03%
• YTD: 64.52%
• 6M: 57.93%
• 1Y: 124.45%
• 3Y*: —
• 5Y*: —
• 10Y*: —

REXC

• 1D: -4.49%
• 1M: 2.64%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

IBAT vs. REXC - Yearly Performance Comparison

	2026 (YTD)
IBAT iShares Energy Storage & Materials ETF	21.42%
REXC Sprott Rare Earths Ex-China ETF	7.90%

Correlation

The correlation between IBAT and REXC is 0.67, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 16, 2026	0.67

Return for Risk

IBAT vs. REXC — Risk / Return Rank

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

IBAT

IBAT Risk / Return Rank: 95
IBAT Sharpe Ratio Rank: 97
IBAT Sortino Ratio Rank: 95
IBAT Omega Ratio Rank: 94
IBAT Calmar Ratio Rank: 97
IBAT Martin Ratio Rank: 94

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. REXC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Energy Storage & Materials ETF (IBAT) and Sprott Rare Earths Ex-China ETF (REXC). 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.

	IBAT	REXC	Difference
Sharpe ratio: Return per unit of total volatility	4.75	—	—
Sortino ratio: Return per unit of downside risk	5.12	—	—
Omega ratio: Gain probability vs. loss probability	1.68	—	—
Calmar ratio: Return relative to maximum drawdown	10.21	—	—
Martin ratio: Return relative to average drawdown	26.91	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	IBAT	REXC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	4.75	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.41	1.55	-0.14

Drawdowns

IBAT vs. REXC - Drawdown Comparison

The maximum IBAT drawdown since its inception was -28.26%, which is greater than REXC's maximum drawdown of -16.41%. Use the drawdown chart below to compare losses from any high point for IBAT and REXC.

Drawdown Indicators

	IBAT	REXC	Difference
Max Drawdown Largest peak-to-trough decline	-28.26%	-16.41%	-11.85%
Max Drawdown (1Y) Largest decline over 1 year	-12.25%	—	—
Current Drawdown Current decline from peak	-1.25%	-4.86%	+3.61%
Average Drawdown Average peak-to-trough decline	-7.74%	-4.74%	-3.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.64%	—	—

Volatility

Volatility by Period

	IBAT	REXC	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.25%	—	—
Volatility (6M) Calculated over the trailing 6-month period	20.28%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	26.35%	49.48%	-23.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.83%	49.48%	-25.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.83%	49.48%	-25.65%

IBAT vs. REXC - Expense Ratio Comparison

IBAT has a 0.47% expense ratio, which is lower than REXC's 0.65% expense ratio.

Dividends

IBAT vs. REXC - Dividend Comparison

IBAT's dividend yield for the trailing twelve months is around 0.70%, while REXC has not paid dividends to shareholders.

Position	TTM	2025	2024
IBAT iShares Energy Storage & Materials ETF	0.70%	1.15%	1.37%
REXC Sprott Rare Earths Ex-China ETF	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both IBAT and REXC in my portfolio?

IBAT and REXC have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, IBAT or REXC?

On fees, IBAT is cheaper at 0.47% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IBAT or REXC?

IBAT is cheaper with a 0.47% expense ratio, compared with 0.65% for REXC.

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

IBAT has the higher dividend yield at 0.70%, compared with 0.00% for REXC.

What is the main difference between IBAT and REXC?

IBAT is categorized as Alternative Energy Equities, while REXC is Energy Equities. IBAT tracks STOXX Global Energy Storage and Materials, while REXC tracks Nasdaq Sprott Rare Earths Ex-China Index. They also come from different issuers: iShares and Sprott. Their fees differ too: 0.47% for IBAT and 0.65% for REXC.