IEUR vs. IBIC
IEUR (iShares Core MSCI Europe ETF) and IBIC (iShares iBonds Oct 2026 Term TIPS ETF) are both exchange-traded funds - IEUR is a Europe Equities fund tracking the MSCI Europe Investable Market Index, while IBIC is a Inflation-Protected Bonds fund tracking the ICE 2026 Maturity US Inflation-Linked Treasury Index. Both are passively managed. Over the past year, IEUR returned 18.45% vs 4.42% for IBIC. At a 0.01 correlation, their price movements are largely independent. IEUR charges 0.09%/yr vs 0.10%/yr for IBIC.
Performance
IEUR vs. IBIC - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IEUR achieves a 6.23% return, which is significantly higher than IBIC's 2.43% return.
IEUR
- 1D
- -1.07%
- 1M
- -0.12%
- YTD
- 6.23%
- 6M
- 6.35%
- 1Y
- 18.45%
- 3Y*
- 16.54%
- 5Y*
- 8.37%
- 10Y*
- 10.23%
IBIC
- 1D
- 0.04%
- 1M
- 0.12%
- YTD
- 2.43%
- 6M
- 2.57%
- 1Y
- 4.42%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IEUR vs. IBIC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
IEUR iShares Core MSCI Europe ETF | 6.23% | 35.67% | 1.40% | 7.95% |
IBIC iShares iBonds Oct 2026 Term TIPS ETF | 2.43% | 4.96% | 5.25% | 2.17% |
Correlation
The correlation between IEUR and IBIC is -0.21, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.21 |
Correlation (All Time) Calculated using the full available price history since Sep 15, 2023 | 0.01 |
The correlation between IEUR and IBIC shifts across timeframes, from -0.21 (1 year) to 0.01 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IEUR vs. IBIC — Risk / Return Rank
IEUR
IBIC
IEUR vs. IBIC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core MSCI Europe ETF (IEUR) and iShares iBonds Oct 2026 Term TIPS ETF (IBIC). 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.
| IEUR | IBIC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.81 | ||
| Sortino ratioReturn per unit of downside risk | -7.23 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 2.22 | -1.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.54 | 16.56 | -15.02 |
| Martin ratioReturn relative to average drawdown | 5.77 | 58.67 | -52.91 |
Loading charts...
Drawdowns
IEUR vs. IBIC - Drawdown Comparison
The maximum IEUR drawdown since its inception was -36.96%, which is greater than IBIC's maximum drawdown of -0.90%. Use the drawdown chart below to compare losses from any high point for IEUR and IBIC.
Loading charts...
Drawdown Indicators
| IEUR | IBIC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.96% | -0.90% | -36.06% |
Max Drawdown (1Y)Largest decline over 1 year | -12.04% | -0.27% | -11.77% |
Max Drawdown (3Y)Largest decline over 3 years | -14.25% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -32.75% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -36.96% | — | — |
Current DrawdownCurrent decline from peak | -1.77% | -0.08% | -1.69% |
Average DrawdownAverage peak-to-trough decline | -8.19% | -0.10% | -8.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.21% | 0.08% | +3.13% |
Volatility
IEUR vs. IBIC - Volatility Comparison
iShares Core MSCI Europe ETF (IEUR) has a higher volatility of 4.86% compared to iShares iBonds Oct 2026 Term TIPS ETF (IBIC) at 0.17%. This indicates that IEUR's price experiences larger fluctuations and is considered to be riskier than IBIC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IEUR | IBIC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.86% | 0.17% | +4.69% |
Volatility (6M)Calculated over the trailing 6-month period | 13.31% | 0.67% | +12.64% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.72% | 0.89% | +14.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.79% | 1.56% | +16.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.30% | 1.56% | +16.74% |
IEUR vs. IBIC - Expense Ratio Comparison
IEUR has a 0.09% expense ratio, which is lower than IBIC's 0.10% 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
IEUR vs. IBIC - Dividend Comparison
IEUR's dividend yield for the trailing twelve months is around 3.24%, less than IBIC's 3.58% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IBIC iShares iBonds Oct 2026 Term TIPS ETF | 3.58% | 4.43% | 4.65% | 0.83% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IEUR iShares Core MSCI Europe ETF | 3.24% | 2.97% | 3.54% | 3.17% | 3.05% | 2.88% | 2.13% | 3.26% | 3.76% | 2.64% | 3.19% | 2.79% |
Frequently Asked Questions
IEUR and IBIC have a correlation of -0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IEUR has higher volatility (4.86%) compared to IBIC (0.17%). In terms of maximum drawdown, IEUR dropped -36.96% vs IBIC's -0.90%.
On 1-year performance, IEUR leads with 18.45% vs 4.42% for IBIC. On fees, IEUR is cheaper at 0.09% per year. On volatility, IBIC has been the lower-risk option at 0.17%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, IEUR has performed better with a 18.45% return vs 4.42%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IEUR is cheaper with a 0.09% expense ratio, compared with 0.10% for IBIC.
IBIC has the higher dividend yield at 3.58%, compared with 3.24% for IEUR.
IEUR is categorized as Europe Equities, while IBIC is Inflation-Protected Bonds. IEUR tracks MSCI Europe Investable Market Index, while IBIC tracks ICE 2026 Maturity US Inflation-Linked Treasury Index. Their fees differ too: 0.09% for IEUR and 0.10% for IBIC.
IBIC currently has the higher Sharpe Ratio (4.99 vs 1.18), 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.
Find the right allocation for IEUR and IBIC
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer