MVLL vs. IBIC

Last updated Jun 4, 2026

MVLL (GraniteShares 2x Long MRVL Daily ETF) and IBIC (iShares iBonds Oct 2026 Term TIPS ETF) are both exchange-traded funds - MVLL is a Leveraged Equities fund tracking the Marvell Technology Inc. (MRVL), while IBIC is a Inflation-Protected Bonds fund tracking the ICE 2026 Maturity US Inflation-Linked Treasury Index. Both are passively managed. Over the past year, MVLL returned 1215.17% vs 4.54% for IBIC. At a correlation of -0.15, they often move in opposite directions. MVLL charges 1.50%/yr vs 0.10%/yr for IBIC.

Performance

MVLL vs. IBIC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares 2x Long MRVL Daily ETF (MVLL) and iShares iBonds Oct 2026 Term TIPS ETF (IBIC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MVLL achieves a 842.68% return, which is significantly higher than IBIC's 2.37% return.

MVLL

• 1D: 7.14%
• 1M: 201.84%
• YTD: 842.68%
• 6M: 558.01%
• 1Y: 1,215.17%
• 3Y*: —
• 5Y*: —
• 10Y*: —

IBIC

• 1D: 0.02%
• 1M: 0.27%
• YTD: 2.37%
• 6M: 2.51%
• 1Y: 4.54%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MVLL vs. IBIC - Yearly Performance Comparison

	2026 (YTD)	2025
MVLL GraniteShares 2x Long MRVL Daily ETF	842.68%	-10.19%
IBIC iShares iBonds Oct 2026 Term TIPS ETF	2.37%	3.30%

Correlation

The correlation between MVLL and IBIC is -0.11, 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	-0.11
Correlation (All Time) Calculated using the full available price history since Mar 10, 2025	-0.15

Return for Risk

MVLL vs. IBIC — Risk / Return Rank

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

MVLL

MVLL Risk / Return Rank: 96
MVLL Sharpe Ratio Rank: 99
MVLL Sortino Ratio Rank: 94
MVLL Omega Ratio Rank: 92
MVLL Calmar Ratio Rank: 99
MVLL Martin Ratio Rank: 97

IBIC

IBIC Risk / Return Rank: 98
IBIC Sharpe Ratio Rank: 97
IBIC Sortino Ratio Rank: 98
IBIC Omega Ratio Rank: 98
IBIC Calmar Ratio Rank: 98
IBIC Martin Ratio Rank: 98

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.

MVLL vs. IBIC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares 2x Long MRVL Daily ETF (MVLL) and iShares iBonds Oct 2026 Term TIPS ETF (IBIC). 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.

	MVLL	IBIC	Difference
Sharpe ratio: Return per unit of total volatility	9.23	5.05	+4.18
Sortino ratio: Return per unit of downside risk	4.79	9.12	-4.33
Omega ratio: Gain probability vs. loss probability	1.63	2.24	-0.61
Calmar ratio: Return relative to maximum drawdown	25.11	17.27	+7.84
Martin ratio: Return relative to average drawdown	52.27	67.45	-15.18
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MVLL vs. IBIC - Sharpe Ratio Comparison

The current MVLL Sharpe Ratio is 9.23, which is higher than the IBIC Sharpe Ratio of 5.05. The chart below compares the historical Sharpe Ratios of MVLL and IBIC, 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

	MVLL	IBIC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	9.23	5.05	+4.18
Sharpe Ratio (All Time) Calculated using the full available price history	3.33	3.49	-0.16

Drawdowns

MVLL vs. IBIC - Drawdown Comparison

The maximum MVLL drawdown since its inception was -59.02%, which is greater than IBIC's maximum drawdown of -0.90%. Use the drawdown chart below to compare losses from any high point for MVLL and IBIC.

Drawdown Indicators

	MVLL	IBIC	Difference
Max Drawdown Largest peak-to-trough decline	-59.02%	-0.90%	-58.12%
Max Drawdown (1Y) Largest decline over 1 year	-48.93%	-0.26%	-48.67%
Current Drawdown Current decline from peak	0.00%	-0.13%	+0.13%
Average Drawdown Average peak-to-trough decline	-22.42%	-0.10%	-22.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	23.46%	0.07%	+23.39%

Volatility

MVLL vs. IBIC - Volatility Comparison

GraniteShares 2x Long MRVL Daily ETF (MVLL) has a higher volatility of 60.78% compared to iShares iBonds Oct 2026 Term TIPS ETF (IBIC) at 0.33%. This indicates that MVLL's price experiences larger fluctuations and is considered to be riskier than IBIC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MVLL	IBIC	Difference
Volatility (1M) Calculated over the trailing 1-month period	60.78%	0.33%	+60.45%
Volatility (6M) Calculated over the trailing 6-month period	96.08%	0.67%	+95.41%
Volatility (1Y) Calculated over the trailing 1-year period	133.11%	0.90%	+132.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	139.63%	1.58%	+138.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	139.63%	1.58%	+138.05%

MVLL vs. IBIC - Expense Ratio Comparison

MVLL has a 1.50% expense ratio, which is higher than IBIC's 0.10% expense ratio.

Dividends

MVLL vs. IBIC - Dividend Comparison

MVLL has not paid dividends to shareholders, while IBIC's dividend yield for the trailing twelve months is around 3.59%.

Position	TTM	2025	2024	2023
IBIC iShares iBonds Oct 2026 Term TIPS ETF	3.59%	4.43%	4.65%	0.83%
MVLL GraniteShares 2x Long MRVL Daily ETF	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both MVLL and IBIC in my portfolio?

MVLL and IBIC have a correlation of -0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MVLL or IBIC?

MVLL has higher volatility (60.78%) compared to IBIC (0.33%). In terms of maximum drawdown, MVLL dropped -59.02% vs IBIC's -0.90%.

Which ETF is better, MVLL or IBIC?

On 1-year performance, MVLL leads with 1215.17% vs 4.54% for IBIC. On fees, IBIC is cheaper at 0.10% per year. On volatility, IBIC has been the lower-risk option at 0.33%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, MVLL or IBIC?

Over the 1-year period, MVLL has performed better with a 1215.17% return vs 4.54%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, MVLL or IBIC?

IBIC is cheaper with a 0.10% expense ratio, compared with 1.50% for MVLL.

Which ETF pays a higher dividend yield, MVLL or IBIC?

IBIC has the higher dividend yield at 3.59%, compared with 0.00% for MVLL.

What is the main difference between MVLL and IBIC?

MVLL is categorized as Leveraged Equities, while IBIC is Inflation-Protected Bonds. MVLL tracks Marvell Technology Inc. (MRVL), while IBIC tracks ICE 2026 Maturity US Inflation-Linked Treasury Index. They also come from different issuers: GraniteShares and iShares. Their fees differ too: 1.50% for MVLL and 0.10% for IBIC.

Which has better risk-adjusted returns?

MVLL currently has the higher Sharpe Ratio (9.23 vs 5.05), 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.