IBIE vs. ORBX

Last updated Jul 15, 2026

IBIE (iShares iBonds Oct 2028 Term TIPS ETF) and ORBX (Global X Space Tech ETF) are both exchange-traded funds - IBIE is a Inflation-Protected Bonds fund tracking the ICE 2028 Maturity US Inflation-Linked Treasury Index, while ORBX is a Aerospace & Defense fund tracking the Global X Space Tech Index. Both are passively managed. At a 0.13 correlation, their price movements are largely independent. IBIE charges 0.10%/yr vs 0.50%/yr for ORBX.

Performance

IBIE vs. ORBX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares iBonds Oct 2028 Term TIPS ETF (IBIE) and Global X Space Tech ETF (ORBX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

IBIE

• 1D: -0.06%
• 1M: -0.18%
• 6M: 1.51%
• YTD: 1.72%
• 1Y: 3.40%
• 3Y*: —
• 5Y*: —
• 10Y*: —

ORBX

• 1D: 1.13%
• 1M: -18.45%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

IBIE vs. ORBX - Yearly Performance Comparison

	2026 (YTD)
IBIE iShares iBonds Oct 2028 Term TIPS ETF	0.35%
ORBX Global X Space Tech ETF	-11.41%

Correlation

The correlation between IBIE and ORBX is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 15, 2026	0.13

Return for Risk

IBIE vs. ORBX — Risk / Return Rank

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

IBIE

IBIE Risk / Return Rank: 89
IBIE Sharpe Ratio Rank: 85
IBIE Sortino Ratio Rank: 92
IBIE Omega Ratio Rank: 90
IBIE Calmar Ratio Rank: 92
IBIE Martin Ratio Rank: 88

ORBX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

IBIE vs. ORBX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares iBonds Oct 2028 Term TIPS ETF (IBIE) 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.

	IBIE	ORBX	Difference
Sharpe ratio: Return per unit of total volatility	2.15	—	—
Sortino ratio: Return per unit of downside risk	3.60	—	—
Omega ratio: Gain probability vs. loss probability	1.45	—	—
Calmar ratio: Return relative to maximum drawdown	4.76	—	—
Martin ratio: Return relative to average drawdown	14.89	—	—

Drawdowns

IBIE vs. ORBX - Drawdown Comparison

The maximum IBIE drawdown since its inception was -1.70%, smaller than the maximum ORBX drawdown of -42.36%. Use the drawdown chart below to compare losses from any high point for IBIE and ORBX.

Drawdown Indicators

	IBIE	ORBX	Difference
Max Drawdown Largest peak-to-trough decline	-1.70%	-42.36%	+40.66%
Max Drawdown (1Y) Largest decline over 1 year	-0.72%	—	—
Current Drawdown Current decline from peak	-0.37%	-41.71%	+41.34%
Average Drawdown Average peak-to-trough decline	-0.39%	-16.98%	+16.59%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.23%	—	—

Volatility

Volatility by Period

	IBIE	ORBX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.55%	—	—
Volatility (6M) Calculated over the trailing 6-month period	1.10%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	1.59%	79.62%	-78.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.82%	79.62%	-76.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.82%	79.62%	-76.80%

IBIE vs. ORBX - Expense Ratio Comparison

IBIE has a 0.10% expense ratio, which is lower than ORBX's 0.50% expense ratio.

Dividends

IBIE vs. ORBX - Dividend Comparison

IBIE's dividend yield for the trailing twelve months is around 4.96%, while ORBX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023
IBIE iShares iBonds Oct 2028 Term TIPS ETF	4.96%	4.09%	4.23%	0.75%
ORBX Global X Space Tech ETF	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both IBIE and ORBX in my portfolio?

IBIE and ORBX have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, IBIE or ORBX?

On fees, IBIE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IBIE or ORBX?

IBIE is cheaper with a 0.10% expense ratio, compared with 0.50% for ORBX.

Which ETF pays a higher dividend yield, IBIE or ORBX?

IBIE has the higher dividend yield at 4.96%, compared with 0.00% for ORBX.

What is the main difference between IBIE and ORBX?

IBIE is categorized as Inflation-Protected Bonds, while ORBX is Aerospace & Defense. IBIE tracks ICE 2028 Maturity US Inflation-Linked Treasury 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 IBIE and 0.50% for ORBX.