IBIE vs. IBIL
IBIE (iShares iBonds Oct 2028 Term TIPS ETF) and IBIL (iShares iBonds Oct 2035 Term TIPS ETF) are both Inflation-Protected Bonds funds from iShares - IBIE tracks the ICE 2028 Maturity US Inflation-Linked Treasury Index while IBIL tracks the ICE 2035 Maturity US Treasury TIPS Index. Both are passively managed. Over the past year, IBIE returned 3.00% vs 2.51% for IBIL. Their 0.59 correlation means they have sometimes moved together and sometimes differently. Both charge a 0.10% expense ratio.
Performance
IBIE vs. IBIL - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IBIE achieves a 1.87% return, which is significantly higher than IBIL's 0.60% return.
IBIE
- 1D
- -0.03%
- 1M
- 0.26%
- 6M
- 1.43%
- YTD
- 1.87%
- 1Y
- 3.00%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 5.30%
IBIL
- 1D
- 0.13%
- 1M
- -0.59%
- 6M
- 0.56%
- YTD
- 0.60%
- 1Y
- 2.51%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 3.96%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $740.01K | $732.57K | $770.84K | |
| $384.77K | $347.69K | $275.27K |
IBIE vs. IBIL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
IBIE iShares iBonds Oct 2028 Term TIPS ETF | 1.87% | 3.65% |
IBIL iShares iBonds Oct 2035 Term TIPS ETF | 0.60% | 4.77% |
Correlation
The correlation between IBIE and IBIL is 0.54, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.54 |
Correlation (All Time) Calculated using the full available price history since Mar 26, 2025 | 0.59 |
The correlation between IBIE and IBIL has been stable across timeframes, ranging from 0.54 to 0.59 - a consistent structural relationship.
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
IBIE vs. IBIL — Risk / Return Rank
IBIE
IBIL
IBIE vs. IBIL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares iBonds Oct 2028 Term TIPS ETF (IBIE) and iShares iBonds Oct 2035 Term TIPS ETF (IBIL). 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.
| IBIE | IBIL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.59 | ||
| Sortino ratioReturn per unit of downside risk | +2.68 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.09 | +0.33 |
| Calmar ratioReturn relative to maximum drawdown | 4.19 | 0.92 | +3.28 |
| Martin ratioReturn relative to average drawdown | 12.84 | 2.03 | +10.81 |
Loading charts...
Drawdowns
IBIE vs. IBIL - Drawdown Comparison
The maximum IBIE drawdown since its inception was -1.70%, smaller than the maximum IBIL drawdown of -5.28%. Use the drawdown chart below to compare losses from any high point for IBIE and IBIL.
Loading charts...
Drawdown Indicators
| IBIE | IBIL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -1.70% | -5.28% | +3.58% |
Max Drawdown (1Y)Largest decline over 1 year | -0.72% | -2.76% | +2.04% |
Current DrawdownCurrent decline from peak | -0.23% | -1.62% | +1.39% |
Average DrawdownAverage peak-to-trough decline | -0.38% | -1.44% | +1.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.23% | 1.24% | -1.01% |
Volatility
IBIE vs. IBIL - Volatility Comparison
The current volatility for iShares iBonds Oct 2028 Term TIPS ETF (IBIE) is 0.30%, while iShares iBonds Oct 2035 Term TIPS ETF (IBIL) has a volatility of 1.01%. This indicates that IBIE experiences smaller price fluctuations and is considered to be less risky than IBIL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IBIE | IBIL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.30% | 1.01% | -0.71% |
Volatility (6M)Calculated over the trailing 6-month period | 1.07% | 3.30% | -2.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.47% | 5.55% | -4.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.80% | 7.85% | -5.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.80% | 7.85% | -5.05% |
IBIE vs. IBIL - Expense Ratio Comparison
Both IBIE and IBIL 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
IBIE vs. IBIL - Dividend Comparison
IBIE's dividend yield for the trailing twelve months is around 4.96%, less than IBIL's 5.14% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
IBIE iShares iBonds Oct 2028 Term TIPS ETF | 4.96% | 4.09% | 4.23% | 0.75% |
IBIL iShares iBonds Oct 2035 Term TIPS ETF | 5.14% | 2.93% | 0.00% | 0.00% |
Frequently Asked Questions
IBIE and IBIL have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IBIL has higher volatility (1.01%) compared to IBIE (0.30%). In terms of maximum drawdown, IBIE dropped -1.70% vs IBIL's -5.28%.
On 1-year performance, IBIE leads with 3.00% vs 2.51% for IBIL. Both ETFs have the same 0.10% expense ratio. On volatility, IBIE has been the lower-risk option at 0.30%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, IBIE has performed better with a 3.00% return vs 2.51%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IBIE and IBIL have the same expense ratio: 0.10% per year.
IBIL has the higher dividend yield at 5.14%, compared with 4.96% for IBIE.
IBIE tracks ICE 2028 Maturity US Inflation-Linked Treasury Index, while IBIL tracks ICE 2035 Maturity US Treasury TIPS Index.
IBIE currently has the higher Sharpe Ratio (2.05 vs 0.46), 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.
Find the right allocation for IBIE and IBIL
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