NEHI vs. IBIC

Last updated Jun 25, 2026

NEHI (NEOS Ethereum High Income ETF) and IBIC (iShares iBonds Oct 2026 Term TIPS ETF) are both exchange-traded funds - NEHI is a Cryptocurrency fund actively managed by Neos, while IBIC is a Inflation-Protected Bonds fund tracking the ICE 2026 Maturity US Inflation-Linked Treasury Index. NEHI is actively managed, while IBIC is passively managed. At a correlation of -0.07, they often move in opposite directions. NEHI charges 0.98%/yr vs 0.10%/yr for IBIC.

Performance

NEHI vs. IBIC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in NEOS Ethereum High Income ETF (NEHI) 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, NEHI achieves a -43.08% return, which is significantly lower than IBIC's 2.33% return.

NEHI

• 1D: -4.36%
• 1M: -22.11%
• YTD: -43.08%
• 6M: -42.18%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

IBIC

• 1D: -0.10%
• 1M: 0.02%
• YTD: 2.33%
• 6M: 2.35%
• 1Y: 4.40%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

NEHI vs. IBIC - Yearly Performance Comparison

	2026 (YTD)	2025
NEHI NEOS Ethereum High Income ETF	-43.08%	-1.24%
IBIC iShares iBonds Oct 2026 Term TIPS ETF	2.33%	0.15%

Correlation

The correlation between NEHI and IBIC is -0.07, 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 (All Time) Calculated using the full available price history since Dec 3, 2025	-0.07

Return for Risk

NEHI vs. IBIC — Risk / Return Rank

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

NEHI

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

IBIC

IBIC Risk / Return Rank: 98
IBIC Sharpe Ratio Rank: 98
IBIC Sortino Ratio Rank: 98
IBIC Omega Ratio Rank: 98
IBIC Calmar Ratio Rank: 99
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.

NEHI vs. IBIC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for NEOS Ethereum High Income ETF (NEHI) 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.

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.

	NEHI	IBIC	Difference
Sharpe ratio: Return per unit of total volatility	—	4.95	—
Sortino ratio: Return per unit of downside risk	—	8.87	—
Omega ratio: Gain probability vs. loss probability	—	2.21	—
Calmar ratio: Return relative to maximum drawdown	—	16.49	—
Martin ratio: Return relative to average drawdown	—	57.80	—

Drawdowns

NEHI vs. IBIC - Drawdown Comparison

The maximum NEHI drawdown since its inception was -49.66%, which is greater than IBIC's maximum drawdown of -0.90%. Use the drawdown chart below to compare losses from any high point for NEHI and IBIC.

Drawdown Indicators

	NEHI	IBIC	Difference
Max Drawdown Largest peak-to-trough decline	-49.66%	-0.90%	-48.76%
Max Drawdown (1Y) Largest decline over 1 year	—	-0.27%	—
Current Drawdown Current decline from peak	-49.09%	-0.17%	-48.92%
Average Drawdown Average peak-to-trough decline	-26.98%	-0.10%	-26.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.08%	—

Volatility

Volatility by Period

	NEHI	IBIC	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.19%	—
Volatility (6M) Calculated over the trailing 6-month period	—	0.67%	—
Volatility (1Y) Calculated over the trailing 1-year period	59.67%	0.90%	+58.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	59.67%	1.56%	+58.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	59.67%	1.56%	+58.11%

NEHI vs. IBIC - Expense Ratio Comparison

NEHI has a 0.98% expense ratio, which is higher than IBIC's 0.10% expense ratio.

Dividends

NEHI vs. IBIC - Dividend Comparison

NEHI's dividend yield for the trailing twelve months is around 31.05%, more than IBIC's 3.59% yield.

Position	TTM	2025	2024	2023
IBIC iShares iBonds Oct 2026 Term TIPS ETF	3.59%	4.43%	4.65%	0.83%
NEHI NEOS Ethereum High Income ETF	31.05%	2.87%	0.00%	0.00%

Frequently Asked Questions

Can I hold both NEHI and IBIC in my portfolio?

NEHI and IBIC have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, NEHI or IBIC?

On fees, IBIC is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, NEHI or IBIC?

IBIC is cheaper with a 0.10% expense ratio, compared with 0.98% for NEHI.

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

NEHI has the higher dividend yield at 31.05%, compared with 3.59% for IBIC.

What is the main difference between NEHI and IBIC?

NEHI is categorized as Cryptocurrency, while IBIC is Inflation-Protected Bonds. They also come from different issuers: Neos and iShares. Their fees differ too: 0.98% for NEHI and 0.10% for IBIC.