IBIF vs. DXJ
IBIF (iShares iBonds Oct 2029 Term TIPS ETF) and DXJ (WisdomTree Japan Hedged Equity Fund) are both exchange-traded funds - IBIF is a Inflation-Protected Bonds fund tracking the ICE 2029 Maturity US Inflation-Linked Treasury Index, while DXJ is a Japan Equities fund tracking the WisdomTree Japan Hedged Equity Index. Both are passively managed. Over the past year, IBIF returned 4.69% vs 56.31% for DXJ. At a correlation of -0.10, they often move in opposite directions. IBIF charges 0.10%/yr vs 0.48%/yr for DXJ.
Performance
IBIF vs. DXJ - Performance Comparison
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Returns By Period
In the year-to-date period, IBIF achieves a 1.81% return, which is significantly lower than DXJ's 20.35% return.
IBIF
- 1D
- -0.09%
- 1M
- -0.08%
- YTD
- 1.81%
- 6M
- 1.76%
- 1Y
- 4.69%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
DXJ
- 1D
- 0.59%
- 1M
- 6.44%
- YTD
- 20.35%
- 6M
- 23.80%
- 1Y
- 56.31%
- 3Y*
- 33.61%
- 5Y*
- 26.28%
- 10Y*
- 18.20%
IBIF vs. DXJ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
IBIF iShares iBonds Oct 2029 Term TIPS ETF | 1.81% | 7.27% | 3.11% | 3.95% |
DXJ WisdomTree Japan Hedged Equity Fund | 20.35% | 32.78% | 29.83% | 0.08% |
Correlation
The correlation between IBIF and DXJ is -0.15, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.15 |
Correlation (All Time) Calculated using the full available price history since Sep 22, 2023 | -0.10 |
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Return for Risk
IBIF vs. DXJ — Risk / Return Rank
IBIF
DXJ
IBIF vs. DXJ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares iBonds Oct 2029 Term TIPS ETF (IBIF) and WisdomTree Japan Hedged Equity Fund (DXJ). 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.
| IBIF | DXJ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.93 | ||
| Sortino ratioReturn per unit of downside risk | -0.43 | ||
| Omega ratioGain probability vs. loss probability | 1.46 | 1.59 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 4.96 | 5.15 | -0.19 |
| Martin ratioReturn relative to average drawdown | 16.65 | 20.14 | -3.49 |
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
| IBIF | DXJ | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.33 | 3.25 | -0.93 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 1.39 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.90 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.70 | 0.43 | +1.28 |
Drawdowns
IBIF vs. DXJ - Drawdown Comparison
The maximum IBIF drawdown since its inception was -2.50%, smaller than the maximum DXJ drawdown of -49.63%. Use the drawdown chart below to compare losses from any high point for IBIF and DXJ.
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Drawdown Indicators
| IBIF | DXJ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -2.50% | -49.63% | +47.13% |
Max Drawdown (1Y)Largest decline over 1 year | -0.95% | -10.98% | +10.03% |
Max Drawdown (3Y)Largest decline over 3 years | — | -22.19% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -22.19% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -39.14% | — |
Current DrawdownCurrent decline from peak | -0.21% | 0.00% | -0.21% |
Average DrawdownAverage peak-to-trough decline | -0.55% | -14.34% | +13.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.29% | 2.80% | -2.51% |
Volatility
IBIF vs. DXJ - Volatility Comparison
The current volatility for iShares iBonds Oct 2029 Term TIPS ETF (IBIF) is 0.45%, while WisdomTree Japan Hedged Equity Fund (DXJ) has a volatility of 3.40%. This indicates that IBIF experiences smaller price fluctuations and is considered to be less risky than DXJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IBIF | DXJ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.45% | 3.40% | -2.95% |
Volatility (6M)Calculated over the trailing 6-month period | 1.33% | 13.10% | -11.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.03% | 17.44% | -15.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.54% | 18.96% | -15.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.54% | 20.18% | -16.64% |
IBIF vs. DXJ - Expense Ratio Comparison
IBIF has a 0.10% expense ratio, which is lower than DXJ's 0.48% expense ratio.
Dividends
IBIF vs. DXJ - Dividend Comparison
IBIF's dividend yield for the trailing twelve months is around 3.74%, more than DXJ's 1.07% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DXJ WisdomTree Japan Hedged Equity Fund | 1.07% | 1.29% | 3.48% | 3.44% | 3.02% | 2.64% | 2.53% | 2.47% | 2.92% | 2.30% | 1.98% | 5.95% |
IBIF iShares iBonds Oct 2029 Term TIPS ETF | 3.74% | 4.51% | 4.05% | 0.96% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
IBIF and DXJ have a correlation of -0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DXJ has higher volatility (3.40%) compared to IBIF (0.45%). In terms of maximum drawdown, IBIF dropped -2.50% vs DXJ's -49.63%.
On 1-year performance, DXJ leads with 56.31% vs 4.69% for IBIF. On fees, IBIF is cheaper at 0.10% per year. On volatility, IBIF has been the lower-risk option at 0.45%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, DXJ has performed better with a 56.31% return vs 4.69%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IBIF is cheaper with a 0.10% expense ratio, compared with 0.48% for DXJ.
IBIF has the higher dividend yield at 3.74%, compared with 1.07% for DXJ.
IBIF is categorized as Inflation-Protected Bonds, while DXJ is Japan Equities. IBIF tracks ICE 2029 Maturity US Inflation-Linked Treasury Index, while DXJ tracks WisdomTree Japan Hedged Equity Index. They also come from different issuers: iShares and WisdomTree. Their fees differ too: 0.10% for IBIF and 0.48% for DXJ.
DXJ currently has the higher Sharpe Ratio (3.25 vs 2.33), 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.
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