IBIC vs. TDTT
Compare and contrast key facts about iShares iBonds Oct 2026 Term TIPS ETF (IBIC) and FlexShares iBoxx 3-Year Target Duration TIPS Index Fund (TDTT).
IBIC and TDTT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IBIC is a passively managed fund by iShares that tracks the performance of the ICE 2026 Maturity US Inflation-Linked Treasury Index. It was launched on Sep 13, 2023. TDTT is a passively managed fund by Northern Trust that tracks the performance of the iBoxx 3-Year Target Duration TIPS. It was launched on Sep 19, 2011. Both IBIC and TDTT are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
IBIC vs. TDTT - Performance Comparison
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IBIC vs. TDTT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
IBIC iShares iBonds Oct 2026 Term TIPS ETF | 1.43% | 4.96% | 5.25% | 2.17% |
TDTT FlexShares iBoxx 3-Year Target Duration TIPS Index Fund | 0.69% | 6.67% | 3.96% | 2.50% |
Returns By Period
In the year-to-date period, IBIC achieves a 1.43% return, which is significantly higher than TDTT's 0.69% return.
IBIC
- 1D
- -0.02%
- 1M
- 0.80%
- YTD
- 1.43%
- 6M
- 2.02%
- 1Y
- 3.90%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TDTT
- 1D
- -0.06%
- 1M
- -0.14%
- YTD
- 0.69%
- 6M
- 0.85%
- 1Y
- 3.66%
- 3Y*
- 4.29%
- 5Y*
- 3.00%
- 10Y*
- 3.03%
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IBIC vs. TDTT - Expense Ratio Comparison
IBIC has a 0.10% expense ratio, which is lower than TDTT's 0.18% 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%.
Return for Risk
IBIC vs. TDTT — Risk / Return Rank
IBIC
TDTT
IBIC vs. TDTT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares iBonds Oct 2026 Term TIPS ETF (IBIC) and FlexShares iBoxx 3-Year Target Duration TIPS Index Fund (TDTT). 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.
| IBIC | TDTT | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 3.53 | 1.56 | +1.96 |
Sortino ratioReturn per unit of downside risk | 5.84 | 2.31 | +3.53 |
Omega ratioGain probability vs. loss probability | 1.83 | 1.32 | +0.51 |
Calmar ratioReturn relative to maximum drawdown | 9.18 | 2.64 | +6.54 |
Martin ratioReturn relative to average drawdown | 33.06 | 8.57 | +24.49 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| IBIC | TDTT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.53 | 1.56 | +1.96 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.82 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.90 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 3.42 | 0.68 | +2.74 |
Correlation
The correlation between IBIC and TDTT is 0.71, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
IBIC vs. TDTT - Dividend Comparison
IBIC's dividend yield for the trailing twelve months is around 3.62%, less than TDTT's 3.70% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
IBIC iShares iBonds Oct 2026 Term TIPS ETF | 3.62% | 4.43% | 4.65% | 0.83% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TDTT FlexShares iBoxx 3-Year Target Duration TIPS Index Fund | 3.70% | 4.52% | 4.01% | 3.88% | 6.97% | 4.53% | 1.15% | 1.91% | 2.48% | 1.88% | 1.01% |
Drawdowns
IBIC vs. TDTT - Drawdown Comparison
The maximum IBIC drawdown since its inception was -0.90%, smaller than the maximum TDTT drawdown of -6.97%. Use the drawdown chart below to compare losses from any high point for IBIC and TDTT.
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Drawdown Indicators
| IBIC | TDTT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -0.90% | -6.97% | +6.07% |
Max Drawdown (1Y)Largest decline over 1 year | -0.46% | -1.40% | +0.94% |
Max Drawdown (5Y)Largest decline over 5 years | — | -6.97% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -6.97% | — |
Current DrawdownCurrent decline from peak | -0.06% | -0.51% | +0.45% |
Average DrawdownAverage peak-to-trough decline | -0.10% | -1.62% | +1.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.13% | 0.43% | -0.30% |
Volatility
IBIC vs. TDTT - Volatility Comparison
The current volatility for iShares iBonds Oct 2026 Term TIPS ETF (IBIC) is 0.37%, while FlexShares iBoxx 3-Year Target Duration TIPS Index Fund (TDTT) has a volatility of 0.65%. This indicates that IBIC experiences smaller price fluctuations and is considered to be less risky than TDTT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IBIC | TDTT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.37% | 0.65% | -0.28% |
Volatility (6M)Calculated over the trailing 6-month period | 0.62% | 1.19% | -0.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.15% | 2.35% | -1.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.61% | 3.68% | -2.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.61% | 3.38% | -1.77% |