RINC vs. IBIC

Last updated Jun 4, 2026

RINC (AXS Real Estate Income ETF) and IBIC (iShares iBonds Oct 2026 Term TIPS ETF) are both exchange-traded funds - RINC is a REIT fund tracking the Gapstow Real Estate Income Index, while IBIC is a Inflation-Protected Bonds fund tracking the ICE 2026 Maturity US Inflation-Linked Treasury Index. Both are passively managed. At a 0.07 correlation, their price movements are largely independent. RINC charges 0.89%/yr vs 0.10%/yr for IBIC.

Performance

RINC vs. IBIC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AXS Real Estate Income ETF (RINC) and iShares iBonds Oct 2026 Term TIPS ETF (IBIC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

RINC

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 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)

RINC vs. IBIC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
RINC AXS Real Estate Income ETF	0.00%	7.75%	-5.74%	2.75%
IBIC iShares iBonds Oct 2026 Term TIPS ETF	2.37%	4.96%	5.25%	2.17%

Correlation

The correlation between RINC and IBIC is -0.09, 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	-0.09
Correlation (All Time) Calculated using the full available price history since Sep 18, 2023	0.07

The correlation between RINC and IBIC shifts across timeframes, from -0.09 (1 year) to 0.07 (all time), reflecting how their relationship changes across market environments.

Return for Risk

RINC vs. IBIC — Risk / Return Rank

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

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.

RINC vs. IBIC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AXS Real Estate Income ETF (RINC) 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.

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

Sharpe Ratios by Period

	RINC	IBIC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	5.05	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	3.49	—

Drawdowns

Drawdown Indicators

	RINC	IBIC	Difference
Max Drawdown Largest peak-to-trough decline	—	-0.90%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-0.26%	—
Current Drawdown Current decline from peak	—	-0.13%	—
Average Drawdown Average peak-to-trough decline	—	-0.10%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.07%	—

Volatility

Volatility by Period

	RINC	IBIC	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.33%	—
Volatility (6M) Calculated over the trailing 6-month period	—	0.67%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	0.90%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	1.58%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	1.58%	—

RINC vs. IBIC - Expense Ratio Comparison

RINC has a 0.89% expense ratio, which is higher than IBIC's 0.10% expense ratio.

Dividends

RINC vs. IBIC - Dividend Comparison

RINC's dividend yield for the trailing twelve months is around 2.16%, less 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%
RINC AXS Real Estate Income ETF	2.16%	6.04%	10.85%	3.88%

Frequently Asked Questions

Can I hold both RINC and IBIC in my portfolio?

RINC and IBIC have a correlation of -0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, RINC 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, RINC or IBIC?

IBIC is cheaper with a 0.10% expense ratio, compared with 0.89% for RINC.

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

IBIC has the higher dividend yield at 3.59%, compared with 2.16% for RINC.

What is the main difference between RINC and IBIC?

RINC is categorized as REIT, while IBIC is Inflation-Protected Bonds. RINC tracks Gapstow Real Estate Income Index, while IBIC tracks ICE 2026 Maturity US Inflation-Linked Treasury Index. They also come from different issuers: AXS and iShares. Their fees differ too: 0.89% for RINC and 0.10% for IBIC.