IBID vs. IBIG

Last updated Jun 6, 2026

IBID (iShares iBonds Oct 2027 Term TIPS ETF) and IBIG (iShares iBonds Oct 2030 Term TIPS ETF) are both Inflation-Protected Bonds funds from iShares - IBID tracks the ICE 2027 Maturity US Inflation-Linked Treasury Index while IBIG tracks the ICE 2030 Maturity US Inflation-Linked Treasury Index. Both are passively managed. Over the past year, IBID returned 4.83% vs 4.63% for IBIG. A 0.79 correlation means they provide meaningful diversification when combined. Both charge a 0.10% expense ratio.

Performance

IBID vs. IBIG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares iBonds Oct 2027 Term TIPS ETF (IBID) and iShares iBonds Oct 2030 Term TIPS ETF (IBIG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IBID achieves a 2.48% return, which is significantly higher than IBIG's 1.20% return.

IBID

• 1D: 0.07%
• 1M: 0.61%
• YTD: 2.48%
• 6M: 2.49%
• 1Y: 4.83%
• 3Y*: —
• 5Y*: —
• 10Y*: —

IBIG

• 1D: -0.40%
• 1M: -0.62%
• YTD: 1.20%
• 6M: 1.19%
• 1Y: 4.63%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

IBID vs. IBIG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
IBID iShares iBonds Oct 2027 Term TIPS ETF	2.48%	5.66%	4.71%	3.05%
IBIG iShares iBonds Oct 2030 Term TIPS ETF	1.20%	7.90%	2.60%	4.26%

Correlation

The correlation between IBID and IBIG is 0.55, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.55
Correlation (All Time) Calculated using the full available price history since Sep 22, 2023	0.79

Over the past year, the correlation between IBID and IBIG has dropped to 0.55 - well below their long-term average of 0.79, suggesting their price drivers have been diverging.

Return for Risk

IBID vs. IBIG — Risk / Return Rank

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

IBID

IBID Risk / Return Rank: 97
IBID Sharpe Ratio Rank: 96
IBID Sortino Ratio Rank: 98
IBID Omega Ratio Rank: 97
IBID Calmar Ratio Rank: 98
IBID Martin Ratio Rank: 97

IBIG

IBIG Risk / Return Rank: 64
IBIG Sharpe Ratio Rank: 56
IBIG Sortino Ratio Rank: 64
IBIG Omega Ratio Rank: 57
IBIG Calmar Ratio Rank: 73
IBIG Martin Ratio Rank: 68

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.

IBID vs. IBIG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares iBonds Oct 2027 Term TIPS ETF (IBID) and iShares iBonds Oct 2030 Term TIPS ETF (IBIG). 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.

	IBID	IBIG	Difference
Sharpe ratio: Return per unit of total volatility	3.92	1.77	+2.14
Sortino ratio: Return per unit of downside risk	6.77	2.77	+4.00
Omega ratio: Gain probability vs. loss probability	1.94	1.33	+0.61
Calmar ratio: Return relative to maximum drawdown	13.33	3.45	+9.88
Martin ratio: Return relative to average drawdown	41.06	11.77	+29.29
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IBID vs. IBIG - Sharpe Ratio Comparison

The current IBID Sharpe Ratio is 3.92, which is higher than the IBIG Sharpe Ratio of 1.77. The chart below compares the historical Sharpe Ratios of IBID and IBIG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	IBID	IBIG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.92	1.77	+2.14
Sharpe Ratio (All Time) Calculated using the full available price history	2.56	1.39	+1.17

Drawdowns

IBID vs. IBIG - Drawdown Comparison

The maximum IBID drawdown since its inception was -1.28%, smaller than the maximum IBIG drawdown of -3.21%. Use the drawdown chart below to compare losses from any high point for IBID and IBIG.

Drawdown Indicators

	IBID	IBIG	Difference
Max Drawdown Largest peak-to-trough decline	-1.28%	-3.21%	+1.93%
Max Drawdown (1Y) Largest decline over 1 year	-0.36%	-1.35%	+0.99%
Current Drawdown Current decline from peak	0.00%	-0.87%	+0.87%
Average Drawdown Average peak-to-trough decline	-0.22%	-0.77%	+0.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.12%	0.40%	-0.28%

Volatility

IBID vs. IBIG - Volatility Comparison

The current volatility for iShares iBonds Oct 2027 Term TIPS ETF (IBID) is 0.30%, while iShares iBonds Oct 2030 Term TIPS ETF (IBIG) has a volatility of 0.71%. This indicates that IBID experiences smaller price fluctuations and is considered to be less risky than IBIG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IBID	IBIG	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.30%	0.71%	-0.41%
Volatility (6M) Calculated over the trailing 6-month period	0.81%	1.74%	-0.93%
Volatility (1Y) Calculated over the trailing 1-year period	1.24%	2.64%	-1.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.25%	4.29%	-2.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.25%	4.29%	-2.04%

IBID vs. IBIG - Expense Ratio Comparison

Both IBID and IBIG have an expense ratio of 0.10%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

IBID vs. IBIG - Dividend Comparison

IBID's dividend yield for the trailing twelve months is around 3.66%, less than IBIG's 3.90% yield.

Position	TTM	2025	2024	2023
IBID iShares iBonds Oct 2027 Term TIPS ETF	3.66%	4.43%	4.24%	0.81%
IBIG iShares iBonds Oct 2030 Term TIPS ETF	3.90%	4.70%	4.15%	0.78%

Frequently Asked Questions

Can I hold both IBID and IBIG in my portfolio?

IBID and IBIG have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IBID or IBIG?

IBIG has higher volatility (0.71%) compared to IBID (0.30%). In terms of maximum drawdown, IBID dropped -1.28% vs IBIG's -3.21%.

Which ETF is better, IBID or IBIG?

On 1-year performance, IBID leads with 4.83% vs 4.63% for IBIG. Both ETFs have the same 0.10% expense ratio. On volatility, IBID has been the lower-risk option at 0.30%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IBID or IBIG?

Over the 1-year period, IBID has performed better with a 4.83% return vs 4.63%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IBID or IBIG?

IBID and IBIG have the same expense ratio: 0.10% per year.

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

IBIG has the higher dividend yield at 3.90%, compared with 3.66% for IBID.

What is the main difference between IBID and IBIG?

IBID tracks ICE 2027 Maturity US Inflation-Linked Treasury Index, while IBIG tracks ICE 2030 Maturity US Inflation-Linked Treasury Index.

Which has better risk-adjusted returns?

IBID currently has the higher Sharpe Ratio (3.92 vs 1.77), 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.