MSMR vs. IBID

Last updated Jun 24, 2026

MSMR (McElhenny Sheffield Managed Risk ETF) and IBID (iShares iBonds Oct 2027 Term TIPS ETF) are both exchange-traded funds - MSMR is a Diversified Portfolio fund actively managed by McElhenny Sheffield, while IBID is a Inflation-Protected Bonds fund tracking the ICE 2027 Maturity US Inflation-Linked Treasury Index. MSMR is actively managed, while IBID is passively managed. Over the past year, MSMR returned 17.41% vs 3.92% for IBID. At a 0.08 correlation, their price movements are largely independent. MSMR charges 0.97%/yr vs 0.10%/yr for IBID.

Performance

MSMR vs. IBID - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in McElhenny Sheffield Managed Risk ETF (MSMR) 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, MSMR achieves a 2.25% return, which is significantly higher than IBID's 1.94% return.

MSMR

• 1D: -0.53%
• 1M: -4.81%
• YTD: 2.25%
• 6M: 1.66%
• 1Y: 17.41%
• 3Y*: 15.44%
• 5Y*: —
• 10Y*: —

IBID

• 1D: -0.05%
• 1M: -0.25%
• YTD: 1.94%
• 6M: 2.03%
• 1Y: 3.92%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MSMR vs. IBID - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
MSMR McElhenny Sheffield Managed Risk ETF	2.25%	17.06%	21.58%	2.09%
IBID iShares iBonds Oct 2027 Term TIPS ETF	1.94%	5.66%	4.71%	2.61%

Correlation

The correlation between MSMR and IBID is -0.05, 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	-0.05
Correlation (All Time) Calculated using the full available price history since Sep 15, 2023	0.08

The correlation between MSMR and IBID shifts across timeframes, from -0.05 (1 year) to 0.08 (all time), reflecting how their relationship changes across market environments.

Return for Risk

MSMR vs. IBID — Risk / Return Rank

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

MSMR

MSMR Risk / Return Rank: 46
MSMR Sharpe Ratio Rank: 42
MSMR Sortino Ratio Rank: 41
MSMR Omega Ratio Rank: 42
MSMR Calmar Ratio Rank: 54
MSMR Martin Ratio Rank: 50

IBID

IBID Risk / Return Rank: 95
IBID Sharpe Ratio Rank: 94
IBID Sortino Ratio Rank: 96
IBID Omega Ratio Rank: 95
IBID Calmar Ratio Rank: 95
IBID Martin Ratio Rank: 95

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.

MSMR vs. IBID - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for McElhenny Sheffield Managed Risk ETF (MSMR) 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.

	MSMR	IBID	Difference
Sharpe ratio: Return per unit of total volatility	1.40	3.19	-1.79
Sortino ratio: Return per unit of downside risk	1.95	5.38	-3.44
Omega ratio: Gain probability vs. loss probability	1.26	1.72	-0.46
Calmar ratio: Return relative to maximum drawdown	2.48	7.20	-4.72
Martin ratio: Return relative to average drawdown	8.02	29.14	-21.12

MSMR vs. IBID - Sharpe Ratio Comparison

The current MSMR Sharpe Ratio is 1.40, which is lower than the IBID Sharpe Ratio of 3.19. The chart below compares the historical Sharpe Ratios of MSMR 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

MSMR vs. IBID - Drawdown Comparison

The maximum MSMR drawdown since its inception was -14.86%, which is greater than IBID's maximum drawdown of -1.28%. Use the drawdown chart below to compare losses from any high point for MSMR and IBID.

Drawdown Indicators

	MSMR	IBID	Difference
Max Drawdown Largest peak-to-trough decline	-14.86%	-1.28%	-13.58%
Max Drawdown (1Y) Largest decline over 1 year	-7.05%	-0.55%	-6.50%
Max Drawdown (3Y) Largest decline over 3 years	-8.84%	—	—
Current Drawdown Current decline from peak	-5.81%	-0.55%	-5.26%
Average Drawdown Average peak-to-trough decline	-5.12%	-0.22%	-4.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.18%	0.13%	+2.05%

Volatility

MSMR vs. IBID - Volatility Comparison

McElhenny Sheffield Managed Risk ETF (MSMR) has a higher volatility of 3.87% compared to iShares iBonds Oct 2027 Term TIPS ETF (IBID) at 0.35%. This indicates that MSMR'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

	MSMR	IBID	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.87%	0.35%	+3.52%
Volatility (6M) Calculated over the trailing 6-month period	9.45%	0.86%	+8.59%
Volatility (1Y) Calculated over the trailing 1-year period	12.47%	1.23%	+11.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.33%	2.24%	+8.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.33%	2.24%	+8.09%

MSMR vs. IBID - Expense Ratio Comparison

MSMR has a 0.97% expense ratio, which is higher than IBID's 0.10% expense ratio.

Dividends

MSMR vs. IBID - Dividend Comparison

MSMR's dividend yield for the trailing twelve months is around 1.91%, 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%
MSMR McElhenny Sheffield Managed Risk ETF	1.91%	1.51%	2.26%	0.81%	0.65%	0.07%

Frequently Asked Questions

Can I hold both MSMR and IBID in my portfolio?

MSMR and IBID have a correlation of -0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MSMR or IBID?

MSMR has higher volatility (3.87%) compared to IBID (0.35%). In terms of maximum drawdown, MSMR dropped -14.86% vs IBID's -1.28%.

Which ETF is better, MSMR or IBID?

On 1-year performance, MSMR leads with 17.41% 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.

Which ETF has performed better, MSMR or IBID?

Over the 1-year period, MSMR has performed better with a 17.41% return vs 3.92%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, MSMR or IBID?

IBID is cheaper with a 0.10% expense ratio, compared with 0.97% for MSMR.

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

IBID has the higher dividend yield at 3.68%, compared with 1.91% for MSMR.

What is the main difference between MSMR and IBID?

MSMR is categorized as Diversified Portfolio, while IBID is Inflation-Protected Bonds. They also come from different issuers: McElhenny Sheffield and iShares. Their fees differ too: 0.97% for MSMR and 0.10% for IBID.

Which has better risk-adjusted returns?

IBID currently has the higher Sharpe Ratio (3.19 vs 1.40), 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.