IBIJ vs. STIP

Last updated Jun 30, 2026

IBIJ (iShares iBonds Oct 2033 Term TIPS ETF) and STIP (iShares 0-5 Year TIPS Bond ETF) are both Inflation-Protected Bonds funds from iShares. Over the past year, IBIJ returned 4.51% vs 3.76% for STIP. Their correlation of 0.83 suggests significant overlap in exposure. IBIJ charges 0.10%/yr vs 0.06%/yr for STIP.

Performance

IBIJ vs. STIP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares iBonds Oct 2033 Term TIPS ETF (IBIJ) and iShares 0-5 Year TIPS Bond ETF (STIP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IBIJ achieves a 1.61% return, which is significantly lower than STIP's 1.70% return.

IBIJ

• 1D: 0.09%
• 1M: -0.33%
• YTD: 1.61%
• 6M: 1.33%
• 1Y: 4.51%
• 3Y*: —
• 5Y*: —
• 10Y*: —

STIP

• 1D: 0.07%
• 1M: -0.32%
• YTD: 1.70%
• 6M: 1.68%
• 1Y: 3.76%
• 3Y*: 5.14%
• 5Y*: 3.31%
• 10Y*: 3.07%

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

IBIJ vs. STIP - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
IBIJ iShares iBonds Oct 2033 Term TIPS ETF	1.61%	8.59%	0.69%	4.98%
STIP iShares 0-5 Year TIPS Bond ETF	1.70%	6.03%	4.77%	2.42%

Correlation

The correlation between IBIJ and STIP is 0.81, 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	0.81
Correlation (All Time) Calculated using the full available price history since Sep 21, 2023	0.83

The correlation between IBIJ and STIP has been stable across timeframes, ranging from 0.81 to 0.83 - a consistent structural relationship.

Return for Risk

IBIJ vs. STIP — Risk / Return Rank

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

IBIJ

IBIJ Risk / Return Rank: 38
IBIJ Sharpe Ratio Rank: 35
IBIJ Sortino Ratio Rank: 35
IBIJ Omega Ratio Rank: 32
IBIJ Calmar Ratio Rank: 44
IBIJ Martin Ratio Rank: 44

STIP

STIP Risk / Return Rank: 91
STIP Sharpe Ratio Rank: 88
STIP Sortino Ratio Rank: 92
STIP Omega Ratio Rank: 91
STIP Calmar Ratio Rank: 92
STIP Martin Ratio Rank: 91

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.

IBIJ vs. STIP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares iBonds Oct 2033 Term TIPS ETF (IBIJ) and iShares 0-5 Year TIPS Bond ETF (STIP). 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.

	IBIJ	STIP	Difference
Sharpe ratio: Return per unit of total volatility	1.14	2.46	-1.32
Sortino ratio: Return per unit of downside risk	1.70	3.87	-2.17
Omega ratio: Gain probability vs. loss probability	1.20	1.51	-0.31
Calmar ratio: Return relative to maximum drawdown	1.95	5.21	-3.26
Martin ratio: Return relative to average drawdown	6.23	18.19	-11.96

IBIJ vs. STIP - Sharpe Ratio Comparison

The current IBIJ Sharpe Ratio is 1.14, which is lower than the STIP Sharpe Ratio of 2.46. The chart below compares the historical Sharpe Ratios of IBIJ and STIP, 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

IBIJ vs. STIP - Drawdown Comparison

The maximum IBIJ drawdown since its inception was -5.27%, roughly equal to the maximum STIP drawdown of -5.50%. Use the drawdown chart below to compare losses from any high point for IBIJ and STIP.

Drawdown Indicators

	IBIJ	STIP	Difference
Max Drawdown Largest peak-to-trough decline	-5.27%	-5.50%	+0.23%
Max Drawdown (1Y) Largest decline over 1 year	-2.32%	-0.73%	-1.59%
Max Drawdown (3Y) Largest decline over 3 years	—	-0.95%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-5.50%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-5.50%	—
Current Drawdown Current decline from peak	-0.61%	-0.36%	-0.25%
Average Drawdown Average peak-to-trough decline	-1.29%	-0.99%	-0.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.72%	0.21%	+0.51%

Volatility

IBIJ vs. STIP - Volatility Comparison

iShares iBonds Oct 2033 Term TIPS ETF (IBIJ) has a higher volatility of 1.51% compared to iShares 0-5 Year TIPS Bond ETF (STIP) at 0.64%. This indicates that IBIJ's price experiences larger fluctuations and is considered to be riskier than STIP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IBIJ	STIP	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.51%	0.64%	+0.87%
Volatility (6M) Calculated over the trailing 6-month period	2.89%	1.15%	+1.74%
Volatility (1Y) Calculated over the trailing 1-year period	3.97%	1.54%	+2.43%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.87%	2.74%	+3.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.87%	2.46%	+3.41%

IBIJ vs. STIP - Expense Ratio Comparison

IBIJ has a 0.10% expense ratio, which is higher than STIP's 0.06% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

IBIJ vs. STIP - Dividend Comparison

IBIJ's dividend yield for the trailing twelve months is around 3.93%, less than STIP's 4.32% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
IBIJ iShares iBonds Oct 2033 Term TIPS ETF	3.93%	4.66%	4.42%	0.60%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
STIP iShares 0-5 Year TIPS Bond ETF	4.32%	4.11%	2.62%	2.84%	6.04%	4.15%	1.40%	2.06%	2.44%	1.59%	0.89%

Frequently Asked Questions

Can I hold both IBIJ and STIP in my portfolio?

IBIJ and STIP have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IBIJ or STIP?

IBIJ has higher volatility (1.51%) compared to STIP (0.64%). In terms of maximum drawdown, IBIJ dropped -5.27% vs STIP's -5.50%.

Which ETF is better, IBIJ or STIP?

On 1-year performance, IBIJ leads with 4.51% vs 3.76% for STIP. On fees, STIP is cheaper at 0.06% per year. On volatility, STIP has been the lower-risk option at 0.64%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IBIJ or STIP?

Over the 1-year period, IBIJ has performed better with a 4.51% return vs 3.76%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IBIJ or STIP?

STIP is cheaper with a 0.06% expense ratio, compared with 0.10% for IBIJ.

Which ETF pays a higher dividend yield, IBIJ or STIP?

STIP has the higher dividend yield at 4.32%, compared with 3.93% for IBIJ.

What is the main difference between IBIJ and STIP?

Their fees differ too: 0.10% for IBIJ and 0.06% for STIP.

Which has better risk-adjusted returns?

STIP currently has the higher Sharpe Ratio (2.46 vs 1.14), 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.