MEM vs. IBID

Last updated Jun 4, 2026

MEM (Matthews Emerging Markets Equity Active ETF) and IBID (iShares iBonds Oct 2027 Term TIPS ETF) are both exchange-traded funds - MEM is a Emerging Markets Diversified fund actively managed by Matthews, while IBID is a Inflation-Protected Bonds fund tracking the ICE 2027 Maturity US Inflation-Linked Treasury Index. MEM is actively managed, while IBID is passively managed. Over the past year, MEM returned 54.36% vs 4.83% for IBID. At a 0.02 correlation, their price movements are largely independent. MEM charges 0.79%/yr vs 0.10%/yr for IBID.

Performance

MEM vs. IBID - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Matthews Emerging Markets Equity Active ETF (MEM) 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, MEM achieves a 28.39% return, which is significantly higher than IBID's 2.46% return.

MEM

• 1D: -1.34%
• 1M: 8.03%
• YTD: 28.39%
• 6M: 30.14%
• 1Y: 54.36%
• 3Y*: 23.26%
• 5Y*: —
• 10Y*: —

IBID

• 1D: 0.08%
• 1M: 0.49%
• YTD: 2.46%
• 6M: 2.57%
• 1Y: 4.83%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MEM vs. IBID - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
MEM Matthews Emerging Markets Equity Active ETF	28.39%	28.31%	10.11%	3.46%
IBID iShares iBonds Oct 2027 Term TIPS ETF	2.46%	5.66%	4.71%	2.61%

Correlation

The correlation between MEM and IBID is -0.12, 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	-0.12
Correlation (All Time) Calculated using the full available price history since Sep 18, 2023	0.02

The correlation between MEM and IBID shifts across timeframes, from -0.12 (1 year) to 0.02 (all time), reflecting how their relationship changes across market environments.

Return for Risk

MEM vs. IBID — Risk / Return Rank

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

MEM

MEM Risk / Return Rank: 77
MEM Sharpe Ratio Rank: 81
MEM Sortino Ratio Rank: 78
MEM Omega Ratio Rank: 78
MEM Calmar Ratio Rank: 75
MEM Martin Ratio Rank: 73

IBID

IBID Risk / Return Rank: 97
IBID Sharpe Ratio Rank: 95
IBID Sortino Ratio Rank: 97
IBID Omega Ratio Rank: 97
IBID Calmar Ratio Rank: 98
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.

MEM vs. IBID - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Matthews Emerging Markets Equity Active ETF (MEM) 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.

	MEM	IBID	Difference
Sharpe ratio: Return per unit of total volatility	2.65	3.91	-1.26
Sortino ratio: Return per unit of downside risk	3.47	6.75	-3.28
Omega ratio: Gain probability vs. loss probability	1.47	1.94	-0.47
Calmar ratio: Return relative to maximum drawdown	3.74	13.33	-9.59
Martin ratio: Return relative to average drawdown	13.64	39.52	-25.88
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MEM vs. IBID - Sharpe Ratio Comparison

The current MEM Sharpe Ratio is 2.65, which is lower than the IBID Sharpe Ratio of 3.91. The chart below compares the historical Sharpe Ratios of MEM 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.

Sharpe Ratios by Period

	MEM	IBID	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.65	3.91	-1.26
Sharpe Ratio (All Time) Calculated using the full available price history	1.14	2.56	-1.42

Drawdowns

MEM vs. IBID - Drawdown Comparison

The maximum MEM drawdown since its inception was -19.10%, which is greater than IBID's maximum drawdown of -1.28%. Use the drawdown chart below to compare losses from any high point for MEM and IBID.

Drawdown Indicators

	MEM	IBID	Difference
Max Drawdown Largest peak-to-trough decline	-19.10%	-1.28%	-17.82%
Max Drawdown (1Y) Largest decline over 1 year	-14.62%	-0.36%	-14.26%
Max Drawdown (3Y) Largest decline over 3 years	-19.10%	—	—
Current Drawdown Current decline from peak	-1.34%	0.00%	-1.34%
Average Drawdown Average peak-to-trough decline	-4.74%	-0.22%	-4.52%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.00%	0.12%	+3.88%

Volatility

MEM vs. IBID - Volatility Comparison

Matthews Emerging Markets Equity Active ETF (MEM) has a higher volatility of 8.97% compared to iShares iBonds Oct 2027 Term TIPS ETF (IBID) at 0.32%. This indicates that MEM'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

	MEM	IBID	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.97%	0.32%	+8.65%
Volatility (6M) Calculated over the trailing 6-month period	17.95%	0.80%	+17.15%
Volatility (1Y) Calculated over the trailing 1-year period	20.65%	1.25%	+19.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.31%	2.25%	+16.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.31%	2.25%	+16.06%

MEM vs. IBID - Expense Ratio Comparison

MEM has a 0.79% expense ratio, which is higher than IBID's 0.10% expense ratio.

Dividends

MEM vs. IBID - Dividend Comparison

MEM's dividend yield for the trailing twelve months is around 2.77%, less than IBID's 3.66% yield.

Position	TTM	2025	2024	2023	2022
IBID iShares iBonds Oct 2027 Term TIPS ETF	3.66%	4.43%	4.24%	0.81%	0.00%
MEM Matthews Emerging Markets Equity Active ETF	2.77%	3.56%	7.81%	0.01%	0.53%

Frequently Asked Questions

Can I hold both MEM and IBID in my portfolio?

MEM and IBID have a correlation of -0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MEM or IBID?

MEM has higher volatility (8.97%) compared to IBID (0.32%). In terms of maximum drawdown, MEM dropped -19.10% vs IBID's -1.28%.

Which ETF is better, MEM or IBID?

On 1-year performance, MEM leads with 54.36% vs 4.83% for IBID. On fees, IBID is cheaper at 0.10% per year. On volatility, IBID has been the lower-risk option at 0.32%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, MEM or IBID?

Over the 1-year period, MEM has performed better with a 54.36% return vs 4.83%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, MEM or IBID?

IBID is cheaper with a 0.10% expense ratio, compared with 0.79% for MEM.

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

IBID has the higher dividend yield at 3.66%, compared with 2.77% for MEM.

What is the main difference between MEM and IBID?

MEM is categorized as Emerging Markets Diversified, while IBID is Inflation-Protected Bonds. They also come from different issuers: Matthews and iShares. Their fees differ too: 0.79% for MEM and 0.10% for IBID.

Which has better risk-adjusted returns?

IBID currently has the higher Sharpe Ratio (3.91 vs 2.65), 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.