IWM vs. IBID
IWM (iShares Russell 2000 ETF) and IBID (iShares iBonds Oct 2027 Term TIPS ETF) are both exchange-traded funds - IWM is a Small Cap Blend Equities fund tracking the Russell 2000 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, IWM returned 42.76% vs 4.04% for IBID. At a 0.04 correlation, their price movements are largely independent. IWM charges 0.19%/yr vs 0.10%/yr for IBID.
Performance
IWM vs. IBID - Performance Comparison
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Returns By Period
In the year-to-date period, IWM achieves a 20.58% return, which is significantly higher than IBID's 1.99% return.
IWM
- 1D
- 1.97%
- 1M
- 4.89%
- YTD
- 20.58%
- 6M
- 18.35%
- 1Y
- 42.76%
- 3Y*
- 18.09%
- 5Y*
- 7.21%
- 10Y*
- 11.32%
IBID
- 1D
- -0.10%
- 1M
- -0.17%
- YTD
- 1.99%
- 6M
- 2.06%
- 1Y
- 4.04%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IWM vs. IBID - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
IWM iShares Russell 2000 ETF | 20.58% | 12.66% | 11.38% | 9.08% |
IBID iShares iBonds Oct 2027 Term TIPS ETF | 1.99% | 5.66% | 4.71% | 2.61% |
Correlation
The correlation between IWM and IBID is -0.15, 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 | -0.15 |
Correlation (All Time) Calculated using the full available price history since Sep 15, 2023 | 0.04 |
The correlation between IWM and IBID shifts across timeframes, from -0.15 (1 year) to 0.04 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
IWM vs. IBID — Risk / Return Rank
IWM
IBID
IWM vs. IBID - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Russell 2000 ETF (IWM) 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.
| IWM | IBID | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.23 | ||
| Sortino ratioReturn per unit of downside risk | -2.81 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.77 | -0.42 |
| Calmar ratioReturn relative to maximum drawdown | 3.87 | 8.54 | -4.68 |
| Martin ratioReturn relative to average drawdown | 13.69 | 33.17 | -19.48 |
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Drawdowns
IWM vs. IBID - Drawdown Comparison
The maximum IWM drawdown since its inception was -59.05%, which is greater than IBID's maximum drawdown of -1.28%. Use the drawdown chart below to compare losses from any high point for IWM and IBID.
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Drawdown Indicators
| IWM | IBID | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.05% | -1.28% | -57.77% |
Max Drawdown (1Y)Largest decline over 1 year | -11.03% | -0.49% | -10.54% |
Max Drawdown (3Y)Largest decline over 3 years | -27.50% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -31.91% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -41.13% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | -0.49% | +0.49% |
Average DrawdownAverage peak-to-trough decline | -10.75% | -0.22% | -10.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.11% | 0.13% | +2.98% |
Volatility
IWM vs. IBID - Volatility Comparison
iShares Russell 2000 ETF (IWM) has a higher volatility of 6.81% compared to iShares iBonds Oct 2027 Term TIPS ETF (IBID) at 0.36%. This indicates that IWM'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
| IWM | IBID | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.81% | 0.36% | +6.45% |
Volatility (6M)Calculated over the trailing 6-month period | 14.31% | 0.86% | +13.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.70% | 1.24% | +18.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.61% | 2.25% | +20.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.09% | 2.25% | +20.84% |
IWM vs. IBID - Expense Ratio Comparison
IWM has a 0.19% 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
IWM vs. IBID - Dividend Comparison
IWM's dividend yield for the trailing twelve months is around 0.90%, less than IBID's 3.68% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IBID iShares iBonds Oct 2027 Term TIPS ETF | 3.68% | 4.43% | 4.24% | 0.81% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IWM iShares Russell 2000 ETF | 0.90% | 1.04% | 1.15% | 1.35% | 1.48% | 0.94% | 1.04% | 1.26% | 1.40% | 1.26% | 1.38% | 1.54% |
Frequently Asked Questions
IWM and IBID have a correlation of -0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IWM has higher volatility (6.81%) compared to IBID (0.36%). In terms of maximum drawdown, IWM dropped -59.05% vs IBID's -1.28%.
On 1-year performance, IWM leads with 42.76% 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.
Over the 1-year period, IWM has performed better with a 42.76% return vs 4.04%. 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 0.19% for IWM.
IBID has the higher dividend yield at 3.68%, compared with 0.90% for IWM.
IWM is categorized as Small Cap Blend Equities, while IBID is Inflation-Protected Bonds. IWM tracks Russell 2000 Index, while IBID tracks ICE 2027 Maturity US Inflation-Linked Treasury Index. Their fees differ too: 0.19% for IWM and 0.10% for IBID.
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.
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