ITDI vs. IBID

Last updated Jun 21, 2026

ITDI (Ishares Lifepath Target Date 2065 ETF) and IBID (iShares iBonds Oct 2027 Term TIPS ETF) are both exchange-traded funds - ITDI is a Target Retirement Date fund actively managed by iShares, while IBID is a Inflation-Protected Bonds fund tracking the ICE 2027 Maturity US Inflation-Linked Treasury Index. ITDI is actively managed, while IBID is passively managed. Over the past year, ITDI returned 29.55% vs 4.04% for IBID. At a 0.02 correlation, their price movements are largely independent. ITDI charges 0.11%/yr vs 0.10%/yr for IBID.

Performance

ITDI vs. IBID - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Ishares Lifepath Target Date 2065 ETF (ITDI) and iShares iBonds Oct 2027 Term TIPS ETF (IBID). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ITDI achieves a 12.50% return, which is significantly higher than IBID's 1.99% return.

ITDI

• 1D: 1.22%
• 1M: 2.02%
• YTD: 12.50%
• 6M: 13.03%
• 1Y: 29.55%
• 3Y*: —
• 5Y*: —
• 10Y*: —

IBID

• 1D: -0.10%
• 1M: -0.17%
• YTD: 1.99%
• 6M: 2.06%
• 1Y: 4.04%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ITDI vs. IBID - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
ITDI Ishares Lifepath Target Date 2065 ETF	12.50%	21.90%	16.73%	12.17%
IBID iShares iBonds Oct 2027 Term TIPS ETF	1.99%	5.66%	4.71%	3.34%

Correlation

The correlation between ITDI and IBID is -0.14, 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	-0.14
Correlation (All Time) Calculated using the full available price history since Oct 19, 2023	0.02

The correlation between ITDI and IBID shifts across timeframes, from -0.14 (1 year) to 0.02 (all time), reflecting how their relationship changes across market environments.

Return for Risk

ITDI vs. IBID — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ITDI

ITDI Risk / Return Rank: 69
ITDI Sharpe Ratio Rank: 71
ITDI Sortino Ratio Rank: 70
ITDI Omega Ratio Rank: 70
ITDI Calmar Ratio Rank: 64
ITDI Martin Ratio Rank: 73

IBID

IBID Risk / Return Rank: 96
IBID Sharpe Ratio Rank: 94
IBID Sortino Ratio Rank: 97
IBID Omega Ratio Rank: 96
IBID Calmar Ratio Rank: 96
IBID Martin Ratio Rank: 96

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ITDI vs. IBID - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ishares Lifepath Target Date 2065 ETF (ITDI) 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.

	ITDI	IBID	Difference
Sharpe ratio: Return per unit of total volatility	2.17	3.40	-1.23
Sortino ratio: Return per unit of downside risk	2.99	5.77	-2.77
Omega ratio: Gain probability vs. loss probability	1.39	1.77	-0.38
Calmar ratio: Return relative to maximum drawdown	3.04	8.54	-5.51
Martin ratio: Return relative to average drawdown	13.08	33.17	-20.09

ITDI vs. IBID - Sharpe Ratio Comparison

The current ITDI Sharpe Ratio is 2.17, which is lower than the IBID Sharpe Ratio of 3.40. The chart below compares the historical Sharpe Ratios of ITDI and IBID, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ITDI vs. IBID - Drawdown Comparison

The maximum ITDI drawdown since its inception was -16.31%, which is greater than IBID's maximum drawdown of -1.28%. Use the drawdown chart below to compare losses from any high point for ITDI and IBID.

Drawdown Indicators

	ITDI	IBID	Difference
Max Drawdown Largest peak-to-trough decline	-16.31%	-1.28%	-15.03%
Max Drawdown (1Y) Largest decline over 1 year	-9.60%	-0.49%	-9.11%
Current Drawdown Current decline from peak	-0.46%	-0.49%	+0.03%
Average Drawdown Average peak-to-trough decline	-1.58%	-0.22%	-1.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.22%	0.13%	+2.09%

Volatility

ITDI vs. IBID - Volatility Comparison

Ishares Lifepath Target Date 2065 ETF (ITDI) has a higher volatility of 5.14% compared to iShares iBonds Oct 2027 Term TIPS ETF (IBID) at 0.36%. This indicates that ITDI'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.

Volatility by Period

	ITDI	IBID	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.14%	0.36%	+4.78%
Volatility (6M) Calculated over the trailing 6-month period	11.19%	0.86%	+10.33%
Volatility (1Y) Calculated over the trailing 1-year period	13.44%	1.24%	+12.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.64%	2.25%	+12.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.64%	2.25%	+12.39%

ITDI vs. IBID - Expense Ratio Comparison

ITDI has a 0.11% expense ratio, which is higher than IBID's 0.10% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

ITDI vs. IBID - Dividend Comparison

ITDI's dividend yield for the trailing twelve months is around 1.45%, less than IBID's 3.68% yield.

Position	TTM	2025	2024	2023
IBID iShares iBonds Oct 2027 Term TIPS ETF	3.68%	4.43%	4.24%	0.81%
ITDI Ishares Lifepath Target Date 2065 ETF	1.45%	1.63%	1.68%	0.84%

Frequently Asked Questions

Can I hold both ITDI and IBID in my portfolio?

ITDI and IBID have a correlation of -0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ITDI or IBID?

ITDI has higher volatility (5.14%) compared to IBID (0.36%). In terms of maximum drawdown, ITDI dropped -16.31% vs IBID's -1.28%.

Which ETF is better, ITDI or IBID?

On 1-year performance, ITDI leads with 29.55% vs 4.04% for IBID. On fees, IBID is cheaper at 0.10% per year. On volatility, IBID has been the lower-risk option at 0.36%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ITDI or IBID?

Over the 1-year period, ITDI has performed better with a 29.55% return vs 4.04%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ITDI or IBID?

IBID is cheaper with a 0.10% expense ratio, compared with 0.11% for ITDI.

Which ETF pays a higher dividend yield, ITDI or IBID?

IBID has the higher dividend yield at 3.68%, compared with 1.45% for ITDI.

What is the main difference between ITDI and IBID?

ITDI is categorized as Target Retirement Date, while IBID is Inflation-Protected Bonds. Their fees differ too: 0.11% for ITDI and 0.10% for IBID.

Which has better risk-adjusted returns?

IBID currently has the higher Sharpe Ratio (3.40 vs 2.17), 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.