IBIH vs. BPH

Last updated Jun 24, 2026

IBIH (iShares iBonds Oct 2031 Term TIPS ETF) and BPH (BP p.l.c. ADRhedged ETF) are both exchange-traded funds - IBIH is a Inflation-Protected Bonds fund tracking the ICE 2031 Maturity US Inflation-Linked Treasury Index, while BPH is a Energy Equities fund actively managed by Precidian. IBIH is passively managed, while BPH is actively managed. At a correlation of -0.37, they often move in opposite directions. IBIH charges 0.10%/yr vs 0.19%/yr for BPH.

Performance

IBIH vs. BPH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares iBonds Oct 2031 Term TIPS ETF (IBIH) and BP p.l.c. ADRhedged ETF (BPH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

IBIH

• 1D: 0.02%
• 1M: -0.31%
• YTD: 0.76%
• 6M: 0.94%
• 1Y: 3.67%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BPH

• 1D: -0.55%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

IBIH vs. BPH - Yearly Performance Comparison

	2026 (YTD)
IBIH iShares iBonds Oct 2031 Term TIPS ETF	-0.31%
BPH BP p.l.c. ADRhedged ETF	-5.53%

Correlation

The correlation between IBIH and BPH is -0.37, 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 (All Time) Calculated using the full available price history since May 26, 2026	-0.37

Return for Risk

IBIH vs. BPH — Risk / Return Rank

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

IBIH

IBIH Risk / Return Rank: 39
IBIH Sharpe Ratio Rank: 34
IBIH Sortino Ratio Rank: 34
IBIH Omega Ratio Rank: 33
IBIH Calmar Ratio Rank: 48
IBIH Martin Ratio Rank: 44

BPH

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.

IBIH vs. BPH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares iBonds Oct 2031 Term TIPS ETF (IBIH) and BP p.l.c. ADRhedged ETF (BPH). 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.

	IBIH	BPH	Difference
Sharpe ratio: Return per unit of total volatility	1.14	—	—
Sortino ratio: Return per unit of downside risk	1.71	—	—
Omega ratio: Gain probability vs. loss probability	1.21	—	—
Calmar ratio: Return relative to maximum drawdown	2.17	—	—
Martin ratio: Return relative to average drawdown	6.69	—	—

Drawdowns

IBIH vs. BPH - Drawdown Comparison

The maximum IBIH drawdown since its inception was -3.94%, smaller than the maximum BPH drawdown of -9.43%. Use the drawdown chart below to compare losses from any high point for IBIH and BPH.

Drawdown Indicators

	IBIH	BPH	Difference
Max Drawdown Largest peak-to-trough decline	-3.94%	-9.43%	+5.49%
Max Drawdown (1Y) Largest decline over 1 year	-1.70%	—	—
Current Drawdown Current decline from peak	-1.45%	-8.71%	+7.26%
Average Drawdown Average peak-to-trough decline	-0.96%	-3.18%	+2.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.55%	—	—

Volatility

Volatility by Period

	IBIH	BPH	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.34%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.34%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	3.23%	24.10%	-20.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.94%	24.10%	-19.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.94%	24.10%	-19.16%

IBIH vs. BPH - Expense Ratio Comparison

IBIH has a 0.10% expense ratio, which is lower than BPH's 0.19% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

IBIH vs. BPH - Dividend Comparison

IBIH's dividend yield for the trailing twelve months is around 3.93%, more than BPH's 0.53% yield.

Position	TTM	2025	2024	2023
BPH BP p.l.c. ADRhedged ETF	0.53%	0.00%	0.00%	0.00%
IBIH iShares iBonds Oct 2031 Term TIPS ETF	3.93%	4.68%	4.34%	0.70%

Frequently Asked Questions

Can I hold both IBIH and BPH in my portfolio?

IBIH and BPH have a correlation of -0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, IBIH or BPH?

On fees, IBIH 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, IBIH or BPH?

IBIH is cheaper with a 0.10% expense ratio, compared with 0.19% for BPH.

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

IBIH has the higher dividend yield at 3.93%, compared with 0.53% for BPH.

What is the main difference between IBIH and BPH?

IBIH is categorized as Inflation-Protected Bonds, while BPH is Energy Equities. They also come from different issuers: iShares and Precidian. Their fees differ too: 0.10% for IBIH and 0.19% for BPH.