IMFL vs. IBID
IMFL (Invesco International Developed Dynamic Multifactor ETF) and IBID (iShares iBonds Oct 2027 Term TIPS ETF) are both exchange-traded funds - IMFL is a Global Equities fund tracking the FTSE Developed ex US Invesco Dynamic Multifactor Index, while IBID is a Inflation-Protected Bonds fund tracking the ICE 2027 Maturity US Inflation-Linked Treasury Index. Both are passively managed. Over the past year, IMFL returned 29.53% vs 3.92% for IBID. At a 0.08 correlation, their price movements are largely independent. IMFL charges 0.34%/yr vs 0.10%/yr for IBID.
Performance
IMFL vs. IBID - Performance Comparison
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Returns By Period
In the year-to-date period, IMFL achieves a 14.49% return, which is significantly higher than IBID's 1.94% return.
IMFL
- 1D
- -2.84%
- 1M
- -0.86%
- YTD
- 14.49%
- 6M
- 14.56%
- 1Y
- 29.53%
- 3Y*
- 16.29%
- 5Y*
- 8.35%
- 10Y*
- —
IBID
- 1D
- -0.05%
- 1M
- -0.25%
- YTD
- 1.94%
- 6M
- 2.03%
- 1Y
- 3.92%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IMFL vs. IBID - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
IMFL Invesco International Developed Dynamic Multifactor ETF | 14.49% | 30.89% | -3.57% | 5.71% |
IBID iShares iBonds Oct 2027 Term TIPS ETF | 1.94% | 5.66% | 4.71% | 2.61% |
Correlation
The correlation between IMFL and IBID is -0.10, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.10 |
Correlation (All Time) Calculated using the full available price history since Sep 15, 2023 | 0.08 |
The correlation between IMFL and IBID shifts across timeframes, from -0.10 (1 year) to 0.08 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
IMFL vs. IBID — Risk / Return Rank
IMFL
IBID
IMFL vs. IBID - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco International Developed Dynamic Multifactor ETF (IMFL) and iShares iBonds Oct 2027 Term TIPS ETF (IBID). 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.
| IMFL | IBID | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.42 | ||
| Sortino ratioReturn per unit of downside risk | -2.96 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.72 | -0.40 |
| Calmar ratioReturn relative to maximum drawdown | 2.52 | 7.20 | -4.68 |
| Martin ratioReturn relative to average drawdown | 8.82 | 29.14 | -20.32 |
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Drawdowns
IMFL vs. IBID - Drawdown Comparison
The maximum IMFL drawdown since its inception was -33.26%, which is greater than IBID's maximum drawdown of -1.28%. Use the drawdown chart below to compare losses from any high point for IMFL and IBID.
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Drawdown Indicators
| IMFL | IBID | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.26% | -1.28% | -31.98% |
Max Drawdown (1Y)Largest decline over 1 year | -11.77% | -0.55% | -11.22% |
Max Drawdown (3Y)Largest decline over 3 years | -13.52% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -33.26% | — | — |
Current DrawdownCurrent decline from peak | -3.35% | -0.55% | -2.80% |
Average DrawdownAverage peak-to-trough decline | -7.19% | -0.22% | -6.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.36% | 0.13% | +3.23% |
Volatility
IMFL vs. IBID - Volatility Comparison
Invesco International Developed Dynamic Multifactor ETF (IMFL) has a higher volatility of 6.64% compared to iShares iBonds Oct 2027 Term TIPS ETF (IBID) at 0.35%. This indicates that IMFL's price experiences larger fluctuations and is considered to be riskier than IBID based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IMFL | IBID | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.64% | 0.35% | +6.29% |
Volatility (6M)Calculated over the trailing 6-month period | 14.32% | 0.86% | +13.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.75% | 1.23% | +15.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.24% | 2.24% | +14.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.13% | 2.24% | +13.89% |
IMFL vs. IBID - Expense Ratio Comparison
IMFL has a 0.34% expense ratio, which is higher than IBID's 0.10% expense ratio.
Dividends
IMFL vs. IBID - Dividend Comparison
IMFL's dividend yield for the trailing twelve months is around 2.96%, less than IBID's 3.68% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
IBID iShares iBonds Oct 2027 Term TIPS ETF | 3.68% | 4.43% | 4.24% | 0.81% | 0.00% | 0.00% |
IMFL Invesco International Developed Dynamic Multifactor ETF | 2.96% | 2.88% | 3.56% | 3.85% | 3.35% | 3.94% |
Frequently Asked Questions
IMFL and IBID have a correlation of -0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IMFL has higher volatility (6.64%) compared to IBID (0.35%). In terms of maximum drawdown, IMFL dropped -33.26% vs IBID's -1.28%.
On 1-year performance, IMFL leads with 29.53% vs 3.92% for IBID. On fees, IBID is cheaper at 0.10% per year. On volatility, IBID has been the lower-risk option at 0.35%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, IMFL has performed better with a 29.53% return vs 3.92%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IBID is cheaper with a 0.10% expense ratio, compared with 0.34% for IMFL.
IBID has the higher dividend yield at 3.68%, compared with 2.96% for IMFL.
IMFL is categorized as Global Equities, while IBID is Inflation-Protected Bonds. IMFL tracks FTSE Developed ex US Invesco Dynamic Multifactor Index, while IBID tracks ICE 2027 Maturity US Inflation-Linked Treasury Index. They also come from different issuers: Invesco and iShares. Their fees differ too: 0.34% for IMFL and 0.10% for IBID.
IBID currently has the higher Sharpe Ratio (3.19 vs 1.77), 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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