IBIH vs. LIBD

Last updated Aug 4, 2026

IBIH (iShares iBonds Oct 2031 Term TIPS ETF) and LIBD (LifeX 2065 Inflation-Protected Longevity Income ETF) are both Inflation-Protected Bonds funds. IBIH is passively managed, while LIBD is actively managed. Over the past year, IBIH returned 2.27% vs -1.67% for LIBD. Their 0.69 correlation means they have sometimes moved together and sometimes differently. IBIH charges 0.10%/yr vs 0.25%/yr for LIBD.

Performance

IBIH vs. LIBD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares iBonds Oct 2031 Term TIPS ETF (IBIH) and LifeX 2065 Inflation-Protected Longevity Income ETF (LIBD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IBIH achieves a 1.12% return, which is significantly higher than LIBD's -2.58% return.

IBIH

• 1D: 0.07%
• 1M: -0.18%
• 6M: 0.59%
• YTD: 1.12%
• 1Y: 2.27%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 5.54%

LIBD

• 1D: 0.36%
• 1M: -2.91%
• 6M: -2.25%
• YTD: -2.58%
• 1Y: -1.67%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -2.05%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
IBIH iShares iBonds Oct 2031 Term TIPS ETF	$436.09K	$430.66K	$433.48K
LIBD LifeX 2065 Inflation-Protected Longevity Income ETF	$6.72K	$11.19K	$6.51K

IBIH vs. LIBD - Yearly Performance Comparison

	2026 (YTD)	2025
IBIH iShares iBonds Oct 2031 Term TIPS ETF	1.12%	8.54%
LIBD LifeX 2065 Inflation-Protected Longevity Income ETF	-2.58%	-0.63%

Correlation

The correlation between IBIH and LIBD is 0.63, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.63
Correlation (All Time) Calculated using the full available price history since Jan 6, 2025	0.69

The correlation between IBIH and LIBD has been stable across timeframes, ranging from 0.63 to 0.69 - a consistent structural relationship.

Return for Risk

IBIH vs. LIBD — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

IBIH

IBIH Risk / Return Rank: 31
IBIH Sharpe Ratio Rank: 29
IBIH Sortino Ratio Rank: 28
IBIH Omega Ratio Rank: 26
IBIH Calmar Ratio Rank: 36
IBIH Martin Ratio Rank: 34

LIBD

LIBD Risk / Return Rank: 7
LIBD Sharpe Ratio Rank: 8
LIBD Sortino Ratio Rank: 7
LIBD Omega Ratio Rank: 7
LIBD Calmar Ratio Rank: 8
LIBD Martin Ratio Rank: 7

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

IBIH vs. LIBD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares iBonds Oct 2031 Term TIPS ETF (IBIH) and LifeX 2065 Inflation-Protected Longevity Income ETF (LIBD). 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	LIBD	Difference
Sharpe ratio: Return per unit of total volatility	0.75	-0.21	+0.96
Sortino ratio: Return per unit of downside risk	1.09	-0.25	+1.34
Omega ratio: Gain probability vs. loss probability	1.13	0.97	+0.16
Calmar ratio: Return relative to maximum drawdown	1.34	-0.24	+1.58
Martin ratio: Return relative to average drawdown	3.55	-0.49	+4.04

IBIH vs. LIBD - Sharpe Ratio Comparison

The current IBIH Sharpe Ratio is 0.75, which is higher than the LIBD Sharpe Ratio of -0.21. The chart below compares the historical Sharpe Ratios of IBIH and LIBD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

IBIH vs. LIBD - Drawdown Comparison

The maximum IBIH drawdown since its inception was -3.94%, smaller than the maximum LIBD drawdown of -7.31%. Use the drawdown chart below to compare losses from any high point for IBIH and LIBD.

Drawdown Indicators

	IBIH	LIBD	Difference
Max Drawdown Largest peak-to-trough decline	-3.94%	-7.31%	+3.37%
Max Drawdown (1Y) Largest decline over 1 year	-1.70%	-6.96%	+5.26%
Current Drawdown Current decline from peak	-1.10%	-6.63%	+5.53%
Average Drawdown Average peak-to-trough decline	-0.96%	-3.47%	+2.51%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.64%	3.42%	-2.78%

Volatility

IBIH vs. LIBD - Volatility Comparison

The current volatility for iShares iBonds Oct 2031 Term TIPS ETF (IBIH) is 0.68%, while LifeX 2065 Inflation-Protected Longevity Income ETF (LIBD) has a volatility of 1.86%. This indicates that IBIH experiences smaller price fluctuations and is considered to be less risky than LIBD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IBIH	LIBD	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.68%	1.86%	-1.18%
Volatility (6M) Calculated over the trailing 6-month period	2.37%	5.84%	-3.47%
Volatility (1Y) Calculated over the trailing 1-year period	3.05%	7.83%	-4.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.86%	9.93%	-5.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.86%	9.93%	-5.07%

IBIH vs. LIBD - Expense Ratio Comparison

IBIH has a 0.10% expense ratio, which is lower than LIBD's 0.25% 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. LIBD - Dividend Comparison

IBIH's dividend yield for the trailing twelve months is around 4.97%, less than LIBD's 11.85% yield.

Position	TTM	2025	2024	2023
IBIH iShares iBonds Oct 2031 Term TIPS ETF	4.97%	4.68%	4.34%	0.70%
LIBD LifeX 2065 Inflation-Protected Longevity Income ETF	11.85%	13.52%	0.00%	0.00%

Frequently Asked Questions

Can I hold both IBIH and LIBD in my portfolio?

IBIH and LIBD have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IBIH or LIBD?

LIBD has higher volatility (1.86%) compared to IBIH (0.68%). In terms of maximum drawdown, IBIH dropped -3.94% vs LIBD's -7.31%.

Which ETF is better, IBIH or LIBD?

On 1-year performance, IBIH leads with 2.27% vs -1.67% for LIBD. On fees, IBIH is cheaper at 0.10% per year. On volatility, IBIH has been the lower-risk option at 0.68%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IBIH or LIBD?

Over the 1-year period, IBIH has performed better with a 2.27% return vs -1.67%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IBIH or LIBD?

IBIH is cheaper with a 0.10% expense ratio, compared with 0.25% for LIBD.

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

LIBD has the higher dividend yield at 11.85%, compared with 4.97% for IBIH.

What is the main difference between IBIH and LIBD?

They also come from different issuers: iShares and Stone Ridge. Their fees differ too: 0.10% for IBIH and 0.25% for LIBD.

Which has better risk-adjusted returns?

IBIH currently has the higher Sharpe Ratio (0.75 vs -0.21), 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.