IBIG vs. IBIH

Last updated Jun 5, 2026

IBIG (iShares iBonds Oct 2030 Term TIPS ETF) and IBIH (iShares iBonds Oct 2031 Term TIPS ETF) are both Inflation-Protected Bonds funds from iShares - IBIG tracks the ICE 2030 Maturity US Inflation-Linked Treasury Index while IBIH tracks the ICE 2031 Maturity US Inflation-Linked Treasury Index. Both are passively managed. Over the past year, IBIG returned 4.77% vs 5.04% for IBIH. With a 0.97 correlation, they move nearly in lockstep. Both charge a 0.10% expense ratio.

Performance

IBIG vs. IBIH - 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 2031 Term TIPS ETF (IBIH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

As of year-to-date, both investments have demonstrated similar returns, with IBIG at 1.60% and IBIH at 1.60%.

IBIG

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

IBIH

• 1D: -0.08%
• 1M: -0.34%
• YTD: 1.60%
• 6M: 1.34%
• 1Y: 5.04%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

IBIG vs. IBIH - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
IBIG iShares iBonds Oct 2030 Term TIPS ETF	1.60%	7.90%	2.60%	4.26%
IBIH iShares iBonds Oct 2031 Term TIPS ETF	1.60%	8.47%	1.73%	4.60%

Correlation

The correlation between IBIG and IBIH is 0.95, 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	0.95
Correlation (All Time) Calculated using the full available price history since Sep 22, 2023	0.97

The correlation between IBIG and IBIH has been stable across timeframes, ranging from 0.95 to 0.97 - a consistent structural relationship.

Return for Risk

IBIG vs. IBIH — 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

IBIH

IBIH Risk / Return Rank: 53
IBIH Sharpe Ratio Rank: 47
IBIH Sortino Ratio Rank: 53
IBIH Omega Ratio Rank: 47
IBIH Calmar Ratio Rank: 61
IBIH Martin Ratio Rank: 58

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. IBIH - 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 2031 Term TIPS ETF (IBIH). 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	IBIH	Difference
Sharpe ratio: Return per unit of total volatility	1.84	1.62	+0.22
Sortino ratio: Return per unit of downside risk	2.90	2.51	+0.39
Omega ratio: Gain probability vs. loss probability	1.34	1.29	+0.05
Calmar ratio: Return relative to maximum drawdown	3.55	2.98	+0.57
Martin ratio: Return relative to average drawdown	12.17	10.16	+2.01
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. IBIH - Sharpe Ratio Comparison

The current IBIG Sharpe Ratio is 1.84, which is comparable to the IBIH Sharpe Ratio of 1.62. The chart below compares the historical Sharpe Ratios of IBIG and IBIH, 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	IBIH	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.84	1.62	+0.22
Sharpe Ratio (All Time) Calculated using the full available price history	1.43	1.24	+0.19

Drawdowns

IBIG vs. IBIH - Drawdown Comparison

The maximum IBIG drawdown since its inception was -3.21%, smaller than the maximum IBIH drawdown of -3.94%. Use the drawdown chart below to compare losses from any high point for IBIG and IBIH.

Drawdown Indicators

	IBIG	IBIH	Difference
Max Drawdown Largest peak-to-trough decline	-3.21%	-3.94%	+0.73%
Max Drawdown (1Y) Largest decline over 1 year	-1.35%	-1.70%	+0.35%
Current Drawdown Current decline from peak	-0.47%	-0.62%	+0.15%
Average Drawdown Average peak-to-trough decline	-0.77%	-0.96%	+0.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.40%	0.51%	-0.11%

Volatility

IBIG vs. IBIH - Volatility Comparison

The current volatility for iShares iBonds Oct 2030 Term TIPS ETF (IBIG) is 0.60%, while iShares iBonds Oct 2031 Term TIPS ETF (IBIH) has a volatility of 0.83%. This indicates that IBIG experiences smaller price fluctuations and is considered to be less risky than IBIH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IBIG	IBIH	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.60%	0.83%	-0.23%
Volatility (6M) Calculated over the trailing 6-month period	1.70%	2.09%	-0.39%
Volatility (1Y) Calculated over the trailing 1-year period	2.61%	3.15%	-0.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.28%	4.93%	-0.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.28%	4.93%	-0.65%

IBIG vs. IBIH - Expense Ratio Comparison

Both IBIG and IBIH 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. IBIH - Dividend Comparison

IBIG's dividend yield for the trailing twelve months is around 3.89%, which matches IBIH's 3.90% yield.

Position	TTM	2025	2024	2023
IBIG iShares iBonds Oct 2030 Term TIPS ETF	3.89%	4.70%	4.15%	0.78%
IBIH iShares iBonds Oct 2031 Term TIPS ETF	3.90%	4.68%	4.34%	0.70%

Frequently Asked Questions

Can I hold both IBIG and IBIH in my portfolio?

With a correlation of 0.95, IBIG and IBIH move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, IBIG or IBIH?

IBIH has higher volatility (0.83%) compared to IBIG (0.60%). In terms of maximum drawdown, IBIG dropped -3.21% vs IBIH's -3.94%.

Which ETF is better, IBIG or IBIH?

On 1-year performance, IBIH leads with 5.04% vs 4.77% for IBIG. Both ETFs have the same 0.10% expense ratio. On volatility, IBIG has been the lower-risk option at 0.60%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IBIG or IBIH?

Over the 1-year period, IBIH has performed better with a 5.04% return vs 4.77%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IBIG or IBIH?

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

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

IBIH has the higher dividend yield at 3.90%, compared with 3.89% for IBIG.

What is the main difference between IBIG and IBIH?

IBIG tracks ICE 2030 Maturity US Inflation-Linked Treasury Index, while IBIH tracks ICE 2031 Maturity US Inflation-Linked Treasury Index.

Which has better risk-adjusted returns?

IBIG currently has the higher Sharpe Ratio (1.84 vs 1.62), 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.