IBIG vs. IBIE

Last updated Jun 5, 2026

IBIG (iShares iBonds Oct 2030 Term TIPS ETF) and IBIE (iShares iBonds Oct 2028 Term TIPS ETF) are both Inflation-Protected Bonds funds from iShares - IBIG tracks the ICE 2030 Maturity US Inflation-Linked Treasury Index while IBIE tracks the ICE 2028 Maturity US Inflation-Linked Treasury Index. Both are passively managed. Over the past year, IBIG returned 4.77% vs 4.68% for IBIE. Their correlation of 0.89 suggests significant overlap in exposure. Both charge a 0.10% expense ratio.

Performance

IBIG vs. IBIE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares iBonds Oct 2030 Term TIPS ETF (IBIG) and iShares iBonds Oct 2028 Term TIPS ETF (IBIE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IBIG achieves a 1.60% return, which is significantly lower than IBIE's 2.09% return.

IBIG

• 1D: -0.04%
• 1M: -0.25%
• YTD: 1.60%
• 6M: 1.46%
• 1Y: 4.77%
• 3Y*: —
• 5Y*: —
• 10Y*: —

IBIE

• 1D: -0.02%
• 1M: 0.30%
• YTD: 2.09%
• 6M: 2.10%
• 1Y: 4.68%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

IBIG vs. IBIE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
IBIG iShares iBonds Oct 2030 Term TIPS ETF	1.60%	7.90%	2.60%	4.26%
IBIE iShares iBonds Oct 2028 Term TIPS ETF	2.09%	6.46%	3.95%	3.49%

Correlation

The correlation between IBIG and IBIE is 0.80, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.80
Correlation (All Time) Calculated using the full available price history since Sep 22, 2023	0.89

The correlation between IBIG and IBIE has been stable across timeframes, ranging from 0.80 to 0.89 - a consistent structural relationship.

Return for Risk

IBIG vs. IBIE — Risk / Return Rank

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

IBIG

IBIG Risk / Return Rank: 63
IBIG Sharpe Ratio Rank: 55
IBIG Sortino Ratio Rank: 63
IBIG Omega Ratio Rank: 56
IBIG Calmar Ratio Rank: 72
IBIG Martin Ratio Rank: 67

IBIE

IBIE Risk / Return Rank: 94
IBIE Sharpe Ratio Rank: 90
IBIE Sortino Ratio Rank: 96
IBIE Omega Ratio Rank: 94
IBIE Calmar Ratio Rank: 96
IBIE Martin Ratio Rank: 94

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.

IBIG vs. IBIE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares iBonds Oct 2030 Term TIPS ETF (IBIG) and iShares iBonds Oct 2028 Term TIPS ETF (IBIE). 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.

	IBIG	IBIE	Difference
Sharpe ratio: Return per unit of total volatility	1.84	3.02	-1.18
Sortino ratio: Return per unit of downside risk	2.90	5.46	-2.56
Omega ratio: Gain probability vs. loss probability	1.34	1.67	-0.33
Calmar ratio: Return relative to maximum drawdown	3.55	8.51	-4.96
Martin ratio: Return relative to average drawdown	12.17	25.61	-13.43
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IBIG vs. IBIE - Sharpe Ratio Comparison

The current IBIG Sharpe Ratio is 1.84, which is lower than the IBIE Sharpe Ratio of 3.02. The chart below compares the historical Sharpe Ratios of IBIG and IBIE, 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

	IBIG	IBIE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.84	3.02	-1.18
Sharpe Ratio (All Time) Calculated using the full available price history	1.43	2.01	-0.59

Drawdowns

IBIG vs. IBIE - Drawdown Comparison

The maximum IBIG drawdown since its inception was -3.21%, which is greater than IBIE's maximum drawdown of -1.70%. Use the drawdown chart below to compare losses from any high point for IBIG and IBIE.

Drawdown Indicators

	IBIG	IBIE	Difference
Max Drawdown Largest peak-to-trough decline	-3.21%	-1.70%	-1.51%
Max Drawdown (1Y) Largest decline over 1 year	-1.35%	-0.55%	-0.80%
Current Drawdown Current decline from peak	-0.47%	-0.02%	-0.45%
Average Drawdown Average peak-to-trough decline	-0.77%	-0.39%	-0.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.40%	0.19%	+0.21%

Volatility

IBIG vs. IBIE - Volatility Comparison

iShares iBonds Oct 2030 Term TIPS ETF (IBIG) has a higher volatility of 0.60% compared to iShares iBonds Oct 2028 Term TIPS ETF (IBIE) at 0.36%. This indicates that IBIG's price experiences larger fluctuations and is considered to be riskier than IBIE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IBIG	IBIE	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.60%	0.36%	+0.24%
Volatility (6M) Calculated over the trailing 6-month period	1.70%	0.97%	+0.73%
Volatility (1Y) Calculated over the trailing 1-year period	2.61%	1.56%	+1.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.28%	2.85%	+1.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.28%	2.85%	+1.43%

IBIG vs. IBIE - Expense Ratio Comparison

Both IBIG and IBIE 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

IBIG vs. IBIE - Dividend Comparison

IBIG's dividend yield for the trailing twelve months is around 3.89%, more than IBIE's 3.25% yield.

Position	TTM	2025	2024	2023
IBIE iShares iBonds Oct 2028 Term TIPS ETF	3.25%	4.09%	4.23%	0.75%
IBIG iShares iBonds Oct 2030 Term TIPS ETF	3.89%	4.70%	4.15%	0.78%

Frequently Asked Questions

Can I hold both IBIG and IBIE in my portfolio?

IBIG and IBIE have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IBIG or IBIE?

IBIG has higher volatility (0.60%) compared to IBIE (0.36%). In terms of maximum drawdown, IBIG dropped -3.21% vs IBIE's -1.70%.

Which ETF is better, IBIG or IBIE?

On 1-year performance, IBIG leads with 4.77% vs 4.68% for IBIE. Both ETFs have the same 0.10% expense ratio. On volatility, IBIE has been the lower-risk option at 0.36%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IBIG or IBIE?

Over the 1-year period, IBIG has performed better with a 4.77% return vs 4.68%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IBIG or IBIE?

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

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

IBIG has the higher dividend yield at 3.89%, compared with 3.25% for IBIE.

What is the main difference between IBIG and IBIE?

IBIG tracks ICE 2030 Maturity US Inflation-Linked Treasury Index, while IBIE tracks ICE 2028 Maturity US Inflation-Linked Treasury Index.

Which has better risk-adjusted returns?

IBIE currently has the higher Sharpe Ratio (3.02 vs 1.84), 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.