OCIO vs. IBIC
OCIO (ClearShares OCIO ETF) and IBIC (iShares iBonds Oct 2026 Term TIPS ETF) are both exchange-traded funds - OCIO is a Diversified Portfolio fund actively managed by ClearShares LLC, while IBIC is a Inflation-Protected Bonds fund tracking the ICE 2026 Maturity US Inflation-Linked Treasury Index. OCIO is actively managed, while IBIC is passively managed. Over the past year, OCIO returned 18.77% vs 4.42% for IBIC. At a 0.01 correlation, their price movements are largely independent. OCIO charges 0.61%/yr vs 0.10%/yr for IBIC.
Performance
OCIO vs. IBIC - Performance Comparison
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Returns By Period
In the year-to-date period, OCIO achieves a 7.89% return, which is significantly higher than IBIC's 2.43% return.
OCIO
- 1D
- -1.91%
- 1M
- 0.56%
- YTD
- 7.89%
- 6M
- 7.37%
- 1Y
- 18.77%
- 3Y*
- 13.27%
- 5Y*
- 7.15%
- 10Y*
- —
IBIC
- 1D
- 0.04%
- 1M
- 0.12%
- YTD
- 2.43%
- 6M
- 2.57%
- 1Y
- 4.42%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
OCIO vs. IBIC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
OCIO ClearShares OCIO ETF | 7.89% | 12.68% | 12.76% | 4.21% |
IBIC iShares iBonds Oct 2026 Term TIPS ETF | 2.43% | 4.96% | 5.25% | 2.17% |
Correlation
The correlation between OCIO and IBIC is -0.16, 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 | -0.16 |
Correlation (All Time) Calculated using the full available price history since Sep 15, 2023 | 0.01 |
The correlation between OCIO and IBIC shifts across timeframes, from -0.16 (1 year) to 0.01 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
OCIO vs. IBIC — Risk / Return Rank
OCIO
IBIC
OCIO vs. IBIC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ClearShares OCIO ETF (OCIO) 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.
| OCIO | IBIC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.22 | ||
| Sortino ratioReturn per unit of downside risk | -6.50 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 2.22 | -0.89 |
| Calmar ratioReturn relative to maximum drawdown | 2.70 | 16.56 | -13.86 |
| Martin ratioReturn relative to average drawdown | 11.54 | 58.67 | -47.14 |
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Drawdowns
OCIO vs. IBIC - Drawdown Comparison
The maximum OCIO drawdown since its inception was -24.21%, which is greater than IBIC's maximum drawdown of -0.90%. Use the drawdown chart below to compare losses from any high point for OCIO and IBIC.
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Drawdown Indicators
| OCIO | IBIC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.21% | -0.90% | -23.31% |
Max Drawdown (1Y)Largest decline over 1 year | -6.98% | -0.27% | -6.71% |
Max Drawdown (3Y)Largest decline over 3 years | -13.32% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -18.75% | — | — |
Current DrawdownCurrent decline from peak | -1.91% | -0.08% | -1.83% |
Average DrawdownAverage peak-to-trough decline | -4.42% | -0.10% | -4.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.63% | 0.08% | +1.55% |
Volatility
OCIO vs. IBIC - Volatility Comparison
ClearShares OCIO ETF (OCIO) has a higher volatility of 5.12% compared to iShares iBonds Oct 2026 Term TIPS ETF (IBIC) at 0.17%. This indicates that OCIO'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.
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Volatility by Period
| OCIO | IBIC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.12% | 0.17% | +4.95% |
Volatility (6M)Calculated over the trailing 6-month period | 8.93% | 0.67% | +8.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.68% | 0.89% | +9.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.79% | 1.56% | +9.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.43% | 1.56% | +9.87% |
OCIO vs. IBIC - Expense Ratio Comparison
OCIO has a 0.61% expense ratio, which is higher than IBIC's 0.10% expense ratio.
Dividends
OCIO vs. IBIC - Dividend Comparison
OCIO's dividend yield for the trailing twelve months is around 9.61%, more than IBIC's 3.58% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
IBIC iShares iBonds Oct 2026 Term TIPS ETF | 3.58% | 4.43% | 4.65% | 0.83% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
OCIO ClearShares OCIO ETF | 9.61% | 10.27% | 1.87% | 2.32% | 3.21% | 2.83% | 2.90% | 2.22% | 0.01% | 1.68% |
Frequently Asked Questions
OCIO and IBIC have a correlation of -0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
OCIO has higher volatility (5.12%) compared to IBIC (0.17%). In terms of maximum drawdown, OCIO dropped -24.21% vs IBIC's -0.90%.
On 1-year performance, OCIO leads with 18.77% vs 4.42% for IBIC. On fees, IBIC is cheaper at 0.10% per year. On volatility, IBIC has been the lower-risk option at 0.17%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, OCIO has performed better with a 18.77% return vs 4.42%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IBIC is cheaper with a 0.10% expense ratio, compared with 0.61% for OCIO.
OCIO has the higher dividend yield at 9.61%, compared with 3.58% for IBIC.
OCIO is categorized as Diversified Portfolio, while IBIC is Inflation-Protected Bonds. They also come from different issuers: ClearShares LLC and iShares. Their fees differ too: 0.61% for OCIO and 0.10% for IBIC.
IBIC currently has the higher Sharpe Ratio (4.99 vs 1.77), 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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