IBDW vs. ORBX
IBDW (iShares iBonds Dec 2031 Term Corporate ETF) and ORBX (Global X Space Tech ETF) are both exchange-traded funds - IBDW is a Corporate Bonds fund tracking the Bloomberg December 2031 Maturity Corporate Index, while ORBX is a Aerospace & Defense fund tracking the Global X Space Tech Index. Both are passively managed. Their 0.27 correlation means their historical movements had little consistent relationship. IBDW charges 0.10%/yr vs 0.50%/yr for ORBX.
Performance
IBDW vs. ORBX - Performance Comparison
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Returns By Period
IBDW
- 1D
- -0.12%
- 1M
- -0.72%
- 6M
- -0.52%
- YTD
- -0.19%
- 1Y
- 2.32%
- 3Y*
- 5.88%
- 5Y*
- -0.05%
- 10Y*
- —
- ALL TIME*
- 0.38%
ORBX
- 1D
- 0.38%
- 1M
- -25.65%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $10.34M | $10.53M | $11.54M | |
| $1.11M | $1.59M | $5.52M |
IBDW vs. ORBX - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
IBDW iShares iBonds Dec 2031 Term Corporate ETF | -0.83% |
ORBX Global X Space Tech ETF | -23.09% |
Correlation
The correlation between IBDW and ORBX is 0.27, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Apr 15, 2026 | 0.27 |
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Return for Risk
IBDW vs. ORBX — Risk / Return Rank
IBDW
ORBX
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
IBDW vs. ORBX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares iBonds Dec 2031 Term Corporate ETF (IBDW) and Global X Space Tech ETF (ORBX). 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.
| IBDW | ORBX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.17 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.38 | — | — |
| Martin ratioReturn relative to average drawdown | 3.96 | — | — |
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Drawdowns
IBDW vs. ORBX - Drawdown Comparison
The maximum IBDW drawdown since its inception was -23.87%, smaller than the maximum ORBX drawdown of -51.53%. Use the drawdown chart below to compare losses from any high point for IBDW and ORBX.
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Drawdown Indicators
| IBDW | ORBX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.87% | -51.53% | +27.66% |
Max Drawdown (1Y)Largest decline over 1 year | -2.42% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -5.61% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -23.80% | — | — |
Current DrawdownCurrent decline from peak | -1.46% | -49.40% | +47.94% |
Average DrawdownAverage peak-to-trough decline | -9.20% | -22.31% | +13.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.84% | — | — |
Volatility
IBDW vs. ORBX - Volatility Comparison
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Volatility by Period
| IBDW | ORBX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.86% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 2.57% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 3.43% | 75.43% | -72.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.20% | 75.43% | -68.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.16% | 75.43% | -68.27% |
IBDW vs. ORBX - Expense Ratio Comparison
IBDW has a 0.10% expense ratio, which is lower than ORBX's 0.50% expense ratio.
Dividends
IBDW vs. ORBX - Dividend Comparison
IBDW's dividend yield for the trailing twelve months is around 4.81%, while ORBX has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
IBDW iShares iBonds Dec 2031 Term Corporate ETF | 4.41% | 4.78% | 5.00% | 4.50% | 3.70% | 1.10% |
ORBX Global X Space Tech ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
IBDW and ORBX have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IBDW is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IBDW is cheaper with a 0.10% expense ratio, compared with 0.50% for ORBX.
IBDW has the higher dividend yield at 4.41%, compared with 0.00% for ORBX.
IBDW is categorized as Corporate Bonds, while ORBX is Aerospace & Defense. IBDW tracks Bloomberg December 2031 Maturity Corporate Index, while ORBX tracks Global X Space Tech Index. They also come from different issuers: iShares and Global X. Their fees differ too: 0.10% for IBDW and 0.50% for ORBX.
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