IBRIX vs. BPRIX
IBRIX (VY BlackRock Inflation Protected Bond Portfolio) and BPRIX (BlackRock Inflation Protected Bond Fund) are both Inflation-Protected Bonds funds. Over the past 10 years, IBRIX returned 2.55%/yr vs 2.41%/yr for BPRIX. Their correlation of 0.89 suggests significant overlap in exposure. IBRIX charges 0.58%/yr vs 0.40%/yr for BPRIX.
Performance
IBRIX vs. BPRIX - Performance Comparison
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Returns By Period
In the year-to-date period, IBRIX achieves a 1.99% return, which is significantly higher than BPRIX's 0.61% return. Over the past 10 years, IBRIX has outperformed BPRIX with an annualized return of 2.55%, while BPRIX has yielded a comparatively lower 2.41% annualized return.
IBRIX
- 1D
- 0.43%
- 1M
- 0.22%
- YTD
- 1.99%
- 6M
- 2.12%
- 1Y
- 4.57%
- 3Y*
- 3.95%
- 5Y*
- 1.00%
- 10Y*
- 2.55%
BPRIX
- 1D
- 0.21%
- 1M
- 0.63%
- YTD
- 0.61%
- 6M
- 0.99%
- 1Y
- 3.67%
- 3Y*
- 3.10%
- 5Y*
- 0.49%
- 10Y*
- 2.41%
IBRIX vs. BPRIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IBRIX VY BlackRock Inflation Protected Bond Portfolio | 1.99% | 6.11% | 2.09% | 4.30% | -12.63% | 5.25% | 11.04% | 8.32% | -1.75% | 2.71% |
BPRIX BlackRock Inflation Protected Bond Fund | 0.61% | 6.84% | 1.41% | 2.92% | -12.87% | 5.76% | 11.76% | 8.33% | -1.85% | 3.10% |
Correlation
The correlation between IBRIX and BPRIX is 0.80, 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 | 0.80 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.87 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.90 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.88 |
Correlation (All Time) Calculated using the full available price history since Apr 30, 2007 | 0.89 |
The correlation between IBRIX and BPRIX shifts across timeframes, from 0.80 (1 year) to 0.90 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
IBRIX vs. BPRIX — Risk / Return Rank
IBRIX
BPRIX
IBRIX vs. BPRIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VY BlackRock Inflation Protected Bond Portfolio (IBRIX) and BlackRock Inflation Protected Bond Fund (BPRIX). 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.
| IBRIX | BPRIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.46 | ||
| Sortino ratioReturn per unit of downside risk | -0.72 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.20 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.05 | 1.62 | -0.57 |
| Martin ratioReturn relative to average drawdown | 5.81 | 5.27 | +0.54 |
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Drawdowns
IBRIX vs. BPRIX - Drawdown Comparison
The maximum IBRIX drawdown since its inception was -15.82%, roughly equal to the maximum BPRIX drawdown of -15.52%. Use the drawdown chart below to compare losses from any high point for IBRIX and BPRIX.
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Drawdown Indicators
| IBRIX | BPRIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.82% | -15.52% | -0.30% |
Max Drawdown (1Y)Largest decline over 1 year | -4.81% | -2.40% | -2.41% |
Max Drawdown (3Y)Largest decline over 3 years | -5.68% | -4.86% | -0.82% |
Max Drawdown (5Y)Largest decline over 5 years | -15.82% | -15.52% | -0.30% |
Max Drawdown (10Y)Largest decline over 10 years | -15.82% | -15.52% | -0.30% |
Current DrawdownCurrent decline from peak | -0.54% | -2.63% | +2.09% |
Average DrawdownAverage peak-to-trough decline | -4.11% | -3.81% | -0.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.83% | 0.74% | +0.09% |
Volatility
IBRIX vs. BPRIX - Volatility Comparison
The current volatility for VY BlackRock Inflation Protected Bond Portfolio (IBRIX) is 1.25%, while BlackRock Inflation Protected Bond Fund (BPRIX) has a volatility of 1.63%. This indicates that IBRIX experiences smaller price fluctuations and is considered to be less risky than BPRIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IBRIX | BPRIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.25% | 1.63% | -0.38% |
Volatility (6M)Calculated over the trailing 6-month period | 7.34% | 2.79% | +4.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.13% | 3.61% | +4.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.07% | 6.14% | +0.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.93% | 5.53% | +0.40% |
IBRIX vs. BPRIX - Expense Ratio Comparison
IBRIX has a 0.58% expense ratio, which is higher than BPRIX's 0.40% expense ratio.
Dividends
IBRIX vs. BPRIX - Dividend Comparison
IBRIX's dividend yield for the trailing twelve months is around 3.84%, less than BPRIX's 4.71% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BPRIX BlackRock Inflation Protected Bond Fund | 4.71% | 4.47% | 3.38% | 2.48% | 6.04% | 6.39% | 1.48% | 2.34% | 2.78% | 2.20% | 1.19% | 2.07% |
IBRIX VY BlackRock Inflation Protected Bond Portfolio | 3.84% | 3.31% | 3.87% | 3.55% | 4.96% | 2.68% | 1.70% | 2.38% | 2.51% | 1.52% | 0.00% | 1.41% |
Frequently Asked Questions
IBRIX and BPRIX have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BPRIX has higher volatility (1.63%) compared to IBRIX (1.25%). In terms of maximum drawdown, IBRIX dropped -15.82% vs BPRIX's -15.52%.
BPRIX currently has the higher Sharpe Ratio (1.08 vs 0.62), 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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