IBII vs. IRVH
IBII (iShares iBonds Oct 2032 Term TIPS ETF) and IRVH (Global X Interest Rate Volatility & Inflation Hedge ETF) are both Inflation-Protected Bonds funds. IBII is passively managed, while IRVH is actively managed. Over the past year, IBII returned 3.76% vs -3.50% for IRVH. A 0.65 correlation means they provide meaningful diversification when combined. IBII charges 0.10%/yr vs 0.50%/yr for IRVH.
Performance
IBII vs. IRVH - Performance Comparison
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Returns By Period
In the year-to-date period, IBII achieves a 1.45% return, which is significantly higher than IRVH's -4.04% return.
IBII
- 1D
- 0.20%
- 1M
- 0.72%
- 6M
- 1.36%
- YTD
- 1.45%
- 1Y
- 3.76%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IRVH
- 1D
- 0.31%
- 1M
- 0.18%
- 6M
- -2.85%
- YTD
- -4.04%
- 1Y
- -3.50%
- 3Y*
- -0.02%
- 5Y*
- —
- 10Y*
- —
IBII vs. IRVH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
IBII iShares iBonds Oct 2032 Term TIPS ETF | 1.45% | 8.65% | 1.21% | 4.85% |
IRVH Global X Interest Rate Volatility & Inflation Hedge ETF | -4.04% | 7.71% | -5.49% | 5.73% |
Correlation
The correlation between IBII and IRVH is 0.61, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.61 |
Correlation (All Time) Calculated using the full available price history since Sep 21, 2023 | 0.65 |
The correlation between IBII and IRVH has been stable across timeframes, ranging from 0.61 to 0.65 - a consistent structural relationship.
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Return for Risk
IBII vs. IRVH — Risk / Return Rank
IBII
IRVH
IBII vs. IRVH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares iBonds Oct 2032 Term TIPS ETF (IBII) and Global X Interest Rate Volatility & Inflation Hedge ETF (IRVH). 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.
| IBII | IRVH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.83 | ||
| Sortino ratioReturn per unit of downside risk | +2.61 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 0.89 | +0.31 |
| Calmar ratioReturn relative to maximum drawdown | 1.91 | -0.56 | +2.47 |
| Martin ratioReturn relative to average drawdown | 5.61 | -1.16 | +6.77 |
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Drawdowns
IBII vs. IRVH - Drawdown Comparison
The maximum IBII drawdown since its inception was -4.65%, smaller than the maximum IRVH drawdown of -14.98%. Use the drawdown chart below to compare losses from any high point for IBII and IRVH.
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Drawdown Indicators
| IBII | IRVH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -4.65% | -14.98% | +10.33% |
Max Drawdown (1Y)Largest decline over 1 year | -1.98% | -6.28% | +4.30% |
Max Drawdown (3Y)Largest decline over 3 years | — | -8.03% | — |
Current DrawdownCurrent decline from peak | -0.82% | -10.98% | +10.16% |
Average DrawdownAverage peak-to-trough decline | -1.12% | -9.74% | +8.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.67% | 3.02% | -2.35% |
Volatility
IBII vs. IRVH - Volatility Comparison
iShares iBonds Oct 2032 Term TIPS ETF (IBII) and Global X Interest Rate Volatility & Inflation Hedge ETF (IRVH) have volatilities of 1.33% and 1.33%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IBII | IRVH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.33% | 1.33% | 0.00% |
Volatility (6M)Calculated over the trailing 6-month period | 2.59% | 3.37% | -0.78% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.48% | 4.80% | -1.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.37% | 8.74% | -3.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.37% | 8.74% | -3.37% |
IBII vs. IRVH - Expense Ratio Comparison
IBII has a 0.10% expense ratio, which is lower than IRVH's 0.50% expense ratio.
Dividends
IBII vs. IRVH - Dividend Comparison
IBII's dividend yield for the trailing twelve months is around 5.18%, less than IRVH's 5.64% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
IBII iShares iBonds Oct 2032 Term TIPS ETF | 5.18% | 4.80% | 4.76% | 1.10% | 0.00% |
IRVH Global X Interest Rate Volatility & Inflation Hedge ETF | 5.64% | 4.89% | 3.34% | 3.69% | 2.73% |
Frequently Asked Questions
IBII and IRVH have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IRVH has higher volatility (1.33%) compared to IBII (1.33%). In terms of maximum drawdown, IBII dropped -4.65% vs IRVH's -14.98%.
On 1-year performance, IBII leads with 3.76% vs -3.50% for IRVH. On fees, IBII is cheaper at 0.10% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, IBII has performed better with a 3.76% return vs -3.50%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IBII is cheaper with a 0.10% expense ratio, compared with 0.50% for IRVH.
IRVH has the higher dividend yield at 5.64%, compared with 5.18% for IBII.
They also come from different issuers: iShares and Global X. Their fees differ too: 0.10% for IBII and 0.50% for IRVH.
IBII currently has the higher Sharpe Ratio (1.09 vs -0.74), 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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