IBIK vs. ACWI
IBIK (iShares iBonds Oct 2034 Term TIPS ETF) and ACWI (iShares MSCI ACWI ETF) are both exchange-traded funds - IBIK is a Inflation-Protected Bonds fund tracking the iBonds Oct 2034 Term TIPS Index, while ACWI is a Global Equities fund tracking the MSCI All Country World Index. Both are passively managed. Over the past year, IBIK returned 4.26% vs 29.31% for ACWI. At a 0.20 correlation, their price movements are largely independent. IBIK charges 0.10%/yr vs 0.32%/yr for ACWI.
Performance
IBIK vs. ACWI - Performance Comparison
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Returns By Period
In the year-to-date period, IBIK achieves a 0.59% return, which is significantly lower than ACWI's 12.10% return.
IBIK
- 1D
- -0.46%
- 1M
- -0.23%
- YTD
- 0.59%
- 6M
- 0.77%
- 1Y
- 4.26%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ACWI
- 1D
- -0.10%
- 1M
- 1.68%
- YTD
- 12.10%
- 6M
- 11.90%
- 1Y
- 29.31%
- 3Y*
- 20.81%
- 5Y*
- 11.34%
- 10Y*
- 13.32%
IBIK vs. ACWI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
IBIK iShares iBonds Oct 2034 Term TIPS ETF | 0.59% | 8.78% | 1.63% |
ACWI iShares MSCI ACWI ETF | 12.10% | 22.41% | 7.70% |
Correlation
The correlation between IBIK and ACWI is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since May 24, 2024 | 0.20 |
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Return for Risk
IBIK vs. ACWI — Risk / Return Rank
IBIK
ACWI
IBIK vs. ACWI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares iBonds Oct 2034 Term TIPS ETF (IBIK) and iShares MSCI ACWI ETF (ACWI). 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.
| IBIK | ACWI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.17 | ||
| Sortino ratioReturn per unit of downside risk | -1.49 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.40 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | 1.71 | 3.03 | -1.32 |
| Martin ratioReturn relative to average drawdown | 5.66 | 13.22 | -7.56 |
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Drawdowns
IBIK vs. ACWI - Drawdown Comparison
The maximum IBIK drawdown since its inception was -5.59%, smaller than the maximum ACWI drawdown of -56.00%. Use the drawdown chart below to compare losses from any high point for IBIK and ACWI.
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Drawdown Indicators
| IBIK | ACWI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -5.59% | -56.00% | +50.41% |
Max Drawdown (1Y)Largest decline over 1 year | -2.50% | -9.73% | +7.23% |
Max Drawdown (3Y)Largest decline over 3 years | — | -16.55% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -26.42% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.53% | — |
Current DrawdownCurrent decline from peak | -1.49% | -0.85% | -0.64% |
Average DrawdownAverage peak-to-trough decline | -1.24% | -8.59% | +7.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.75% | 2.22% | -1.47% |
Volatility
IBIK vs. ACWI - Volatility Comparison
The current volatility for iShares iBonds Oct 2034 Term TIPS ETF (IBIK) is 1.57%, while iShares MSCI ACWI ETF (ACWI) has a volatility of 5.16%. This indicates that IBIK experiences smaller price fluctuations and is considered to be less risky than ACWI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IBIK | ACWI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.57% | 5.16% | -3.59% |
Volatility (6M)Calculated over the trailing 6-month period | 3.09% | 11.20% | -8.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.23% | 13.50% | -9.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.36% | 16.17% | -10.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.36% | 17.15% | -11.79% |
IBIK vs. ACWI - Expense Ratio Comparison
IBIK has a 0.10% expense ratio, which is lower than ACWI's 0.32% expense ratio.
Dividends
IBIK vs. ACWI - Dividend Comparison
IBIK's dividend yield for the trailing twelve months is around 3.77%, more than ACWI's 1.42% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ACWI iShares MSCI ACWI ETF | 1.42% | 1.55% | 1.70% | 1.88% | 1.79% | 1.71% | 1.43% | 2.33% | 2.18% | 1.94% | 2.19% | 2.56% |
IBIK iShares iBonds Oct 2034 Term TIPS ETF | 3.77% | 4.43% | 2.67% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
IBIK and ACWI have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ACWI has higher volatility (5.16%) compared to IBIK (1.57%). In terms of maximum drawdown, IBIK dropped -5.59% vs ACWI's -56.00%.
On 1-year performance, ACWI leads with 29.31% vs 4.26% for IBIK. On fees, IBIK is cheaper at 0.10% per year. On volatility, IBIK has been the lower-risk option at 1.57%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, ACWI has performed better with a 29.31% return vs 4.26%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IBIK is cheaper with a 0.10% expense ratio, compared with 0.32% for ACWI.
IBIK has the higher dividend yield at 3.77%, compared with 1.42% for ACWI.
IBIK is categorized as Inflation-Protected Bonds, while ACWI is Global Equities. IBIK tracks iBonds Oct 2034 Term TIPS Index, while ACWI tracks MSCI All Country World Index. Their fees differ too: 0.10% for IBIK and 0.32% for ACWI.
ACWI currently has the higher Sharpe Ratio (2.18 vs 1.01), 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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