IQDF vs. TDTF
IQDF (FlexShares International Quality Dividend Index Fund) and TDTF (FlexShares iBoxx 5-Year Target Duration TIPS Index Fund) are both exchange-traded funds - IQDF is a Foreign Large Cap Equities fund tracking the Northern Trust International Quality Dividend Index, while TDTF is a Inflation-Protected Bonds fund tracking the iBoxx 5-Year Target Duration TIPS. Both are passively managed. Over the past 10 years, IQDF returned 9.66%/yr vs 2.93%/yr for TDTF. At a 0.09 correlation, their price movements are largely independent. IQDF charges 0.47%/yr vs 0.18%/yr for TDTF.
Performance
IQDF vs. TDTF - Performance Comparison
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Returns By Period
In the year-to-date period, IQDF achieves a 15.38% return, which is significantly higher than TDTF's 1.52% return. Over the past 10 years, IQDF has outperformed TDTF with an annualized return of 9.66%, while TDTF has yielded a comparatively lower 2.93% annualized return.
IQDF
- 1D
- -1.02%
- 1M
- 5.16%
- YTD
- 15.38%
- 6M
- 18.18%
- 1Y
- 35.90%
- 3Y*
- 22.80%
- 5Y*
- 10.43%
- 10Y*
- 9.66%
TDTF
- 1D
- -0.13%
- 1M
- -0.44%
- YTD
- 1.52%
- 6M
- 1.18%
- 1Y
- 5.07%
- 3Y*
- 4.56%
- 5Y*
- 1.72%
- 10Y*
- 2.93%
IQDF vs. TDTF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IQDF FlexShares International Quality Dividend Index Fund | 15.38% | 35.42% | 6.62% | 20.10% | -14.69% | 10.18% | 3.54% | 20.96% | -17.39% | 23.87% |
TDTF FlexShares iBoxx 5-Year Target Duration TIPS Index Fund | 1.52% | 7.83% | 2.40% | 4.10% | -9.73% | 5.54% | 9.98% | 7.99% | -0.82% | 1.93% |
Correlation
The correlation between IQDF and TDTF is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.17 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.19 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.10 |
Correlation (All Time) Calculated using the full available price history since Apr 17, 2013 | 0.09 |
The correlation between IQDF and TDTF shifts across timeframes, from 0.09 (all time) to 0.22 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
IQDF vs. TDTF — Risk / Return Rank
IQDF
TDTF
IQDF vs. TDTF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for FlexShares International Quality Dividend Index Fund (IQDF) and FlexShares iBoxx 5-Year Target Duration TIPS Index Fund (TDTF). 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.
| IQDF | TDTF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.84 | ||
| Sortino ratioReturn per unit of downside risk | +0.80 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.30 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 3.60 | 3.22 | +0.38 |
| Martin ratioReturn relative to average drawdown | 13.93 | 10.66 | +3.26 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| IQDF | TDTF | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.50 | 1.67 | +0.84 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.68 | 0.30 | +0.37 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.58 | 0.58 | 0.00 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.44 | 0.47 | -0.03 |
Drawdowns
IQDF vs. TDTF - Drawdown Comparison
The maximum IQDF drawdown since its inception was -39.83%, which is greater than TDTF's maximum drawdown of -12.02%. Use the drawdown chart below to compare losses from any high point for IQDF and TDTF.
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Drawdown Indicators
| IQDF | TDTF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.83% | -12.02% | -27.81% |
Max Drawdown (1Y)Largest decline over 1 year | -10.03% | -1.58% | -8.45% |
Max Drawdown (3Y)Largest decline over 3 years | -13.92% | -3.79% | -10.13% |
Max Drawdown (5Y)Largest decline over 5 years | -30.34% | -12.02% | -18.32% |
Max Drawdown (10Y)Largest decline over 10 years | -39.83% | -12.02% | -27.81% |
Current DrawdownCurrent decline from peak | -1.02% | -0.57% | -0.45% |
Average DrawdownAverage peak-to-trough decline | -9.34% | -2.91% | -6.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.58% | 0.48% | +2.10% |
Volatility
IQDF vs. TDTF - Volatility Comparison
FlexShares International Quality Dividend Index Fund (IQDF) has a higher volatility of 5.63% compared to FlexShares iBoxx 5-Year Target Duration TIPS Index Fund (TDTF) at 0.73%. This indicates that IQDF's price experiences larger fluctuations and is considered to be riskier than TDTF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IQDF | TDTF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.63% | 0.73% | +4.90% |
Volatility (6M)Calculated over the trailing 6-month period | 12.23% | 1.97% | +10.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.44% | 3.06% | +11.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.49% | 5.69% | +9.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.63% | 5.07% | +11.56% |
IQDF vs. TDTF - Expense Ratio Comparison
IQDF has a 0.47% expense ratio, which is higher than TDTF's 0.18% expense ratio.
Dividends
IQDF vs. TDTF - Dividend Comparison
IQDF's dividend yield for the trailing twelve months is around 2.77%, less than TDTF's 4.71% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IQDF FlexShares International Quality Dividend Index Fund | 2.77% | 3.27% | 6.72% | 6.06% | 5.59% | 4.13% | 3.31% | 4.46% | 5.78% | 3.89% | 3.75% | 4.27% |
TDTF FlexShares iBoxx 5-Year Target Duration TIPS Index Fund | 4.71% | 4.58% | 3.98% | 3.97% | 7.60% | 4.55% | 1.13% | 1.80% | 2.60% | 2.20% | 1.51% | 0.21% |
Frequently Asked Questions
IQDF and TDTF have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IQDF has higher volatility (5.63%) compared to TDTF (0.73%). In terms of maximum drawdown, IQDF dropped -39.83% vs TDTF's -12.02%.
On 10-year performance, IQDF leads with 9.66% vs 2.93% for TDTF. On fees, TDTF is cheaper at 0.18% per year. On volatility, TDTF has been the lower-risk option at 0.73%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, IQDF has performed better with a 9.66% return vs 2.93%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
TDTF is cheaper with a 0.18% expense ratio, compared with 0.47% for IQDF.
TDTF has the higher dividend yield at 4.71%, compared with 2.77% for IQDF.
IQDF is categorized as Foreign Large Cap Equities, while TDTF is Inflation-Protected Bonds. IQDF tracks Northern Trust International Quality Dividend Index, while TDTF tracks iBoxx 5-Year Target Duration TIPS. Their fees differ too: 0.47% for IQDF and 0.18% for TDTF.
IQDF currently has the higher Sharpe Ratio (2.50 vs 1.67), 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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