IBCI.L vs. TI5G.L
IBCI.L (iShares € Inflation Linked Govt Bond UCITS ETF EUR (Acc)) and TI5G.L (iShares $ TIPS 0-5 UCITS ETF GBP Hedged (Dist)) are both Inflation-Protected Bonds funds from iShares - IBCI.L tracks the BBG Euro Government Inflation-Linked Bond Index (EUR) while TI5G.L tracks the ICE U.S. Treasury Inflation Linked Bond Index 0-5. Both are passively managed. Over the past 5 years, IBCI.L returned 0.31%/yr vs 2.72%/yr for TI5G.L. At a 0.21 correlation, their price movements are largely independent. IBCI.L charges 0.09%/yr vs 0.12%/yr for TI5G.L.
Performance
IBCI.L vs. TI5G.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IBCI.L achieves a -0.01% return, which is significantly lower than TI5G.L's 1.95% return.
IBCI.L
- 1D
- 0.32%
- 1M
- -2.22%
- 6M
- -0.13%
- YTD
- -0.01%
- 1Y
- 1.23%
- 3Y*
- 1.51%
- 5Y*
- 0.31%
- 10Y*
- 1.54%
TI5G.L
- 1D
- 0.21%
- 1M
- 0.21%
- 6M
- 1.95%
- YTD
- 1.95%
- 1Y
- 3.28%
- 3Y*
- 4.89%
- 5Y*
- 2.72%
- 10Y*
- —
IBCI.L vs. TI5G.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
IBCI.L iShares € Inflation Linked Govt Bond UCITS ETF EUR (Acc) | -0.01% | 6.03% | -4.55% | 3.48% | -4.33% | -0.79% | 8.45% | 1.18% | -1.11% |
TI5G.L iShares $ TIPS 0-5 UCITS ETF GBP Hedged (Dist) | 1.95% | 5.83% | 4.52% | 3.56% | -3.60% | 5.29% | 4.00% | 3.10% | -0.72% |
Correlation
The correlation between IBCI.L and TI5G.L is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.28 |
Correlation (All Time) Calculated using the full available price history since Mar 5, 2018 | 0.21 |
The correlation between IBCI.L and TI5G.L shifts across timeframes, from 0.11 (1 year) to 0.28 (5 years), reflecting how their relationship changes across market environments.
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
IBCI.L vs. TI5G.L — Risk / Return Rank
IBCI.L
TI5G.L
IBCI.L vs. TI5G.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares € Inflation Linked Govt Bond UCITS ETF EUR (Acc) (IBCI.L) and iShares $ TIPS 0-5 UCITS ETF GBP Hedged (Dist) (TI5G.L). 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.
| IBCI.L | TI5G.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.89 | ||
| Sortino ratioReturn per unit of downside risk | -1.32 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 1.25 | -0.20 |
| Calmar ratioReturn relative to maximum drawdown | 0.37 | 3.19 | -2.82 |
| Martin ratioReturn relative to average drawdown | 0.80 | 9.79 | -8.99 |
Loading charts...
Drawdowns
IBCI.L vs. TI5G.L - Drawdown Comparison
The maximum IBCI.L drawdown since its inception was -30.47%, which is greater than TI5G.L's maximum drawdown of -5.58%. Use the drawdown chart below to compare losses from any high point for IBCI.L and TI5G.L.
Loading charts...
Drawdown Indicators
| IBCI.L | TI5G.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.47% | -5.58% | -24.89% |
Max Drawdown (1Y)Largest decline over 1 year | -3.33% | -1.02% | -2.31% |
Max Drawdown (3Y)Largest decline over 3 years | -14.28% | -1.43% | -12.85% |
Max Drawdown (5Y)Largest decline over 5 years | -14.28% | -5.58% | -8.70% |
Max Drawdown (10Y)Largest decline over 10 years | -14.53% | — | — |
Current DrawdownCurrent decline from peak | -8.52% | -0.21% | -8.31% |
Average DrawdownAverage peak-to-trough decline | -10.76% | -0.99% | -9.77% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.54% | 0.33% | +1.21% |
Volatility
IBCI.L vs. TI5G.L - Volatility Comparison
iShares € Inflation Linked Govt Bond UCITS ETF EUR (Acc) (IBCI.L) has a higher volatility of 1.41% compared to iShares $ TIPS 0-5 UCITS ETF GBP Hedged (Dist) (TI5G.L) at 0.81%. This indicates that IBCI.L's price experiences larger fluctuations and is considered to be riskier than TI5G.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IBCI.L | TI5G.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.41% | 0.81% | +0.60% |
Volatility (6M)Calculated over the trailing 6-month period | 3.72% | 1.85% | +1.87% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.90% | 2.90% | +2.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.49% | 3.34% | +8.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.76% | 3.42% | +8.34% |
IBCI.L vs. TI5G.L - Expense Ratio Comparison
IBCI.L has a 0.09% expense ratio, which is lower than TI5G.L's 0.12% 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
IBCI.L vs. TI5G.L - Dividend Comparison
IBCI.L has not paid dividends to shareholders, while TI5G.L's dividend yield for the trailing twelve months is around 5.85%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
IBCI.L iShares € Inflation Linked Govt Bond UCITS ETF EUR (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TI5G.L iShares $ TIPS 0-5 UCITS ETF GBP Hedged (Dist) | 5.85% | 5.97% | 6.84% | 5.19% | 0.32% | 0.34% | 3.06% | 3.29% | 2.36% |
Frequently Asked Questions
IBCI.L and TI5G.L have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IBCI.L is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IBCI.L is cheaper with a 0.09% expense ratio, compared with 0.12% for TI5G.L.
IBCI.L tracks BBG Euro Government Inflation-Linked Bond Index (EUR), while TI5G.L tracks ICE U.S. Treasury Inflation Linked Bond Index 0-5. Their fees differ too: 0.09% for IBCI.L and 0.12% for TI5G.L.
Find the right allocation for IBCI.L and TI5G.L
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