SCAP vs. IBID

Last updated Jun 26, 2026

SCAP (Infracap Small Cap Income ETF) and IBID (iShares iBonds Oct 2027 Term TIPS ETF) are both exchange-traded funds - SCAP is a Small Cap Value Equities fund actively managed by InfraCap, while IBID is a Inflation-Protected Bonds fund tracking the ICE 2027 Maturity US Inflation-Linked Treasury Index. SCAP is actively managed, while IBID is passively managed. Over the past year, SCAP returned 26.46% vs 4.10% for IBID. At a 0.04 correlation, their price movements are largely independent. SCAP charges 0.80%/yr vs 0.10%/yr for IBID.

Performance

SCAP vs. IBID - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Infracap Small Cap Income ETF (SCAP) 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, SCAP achieves a 11.93% return, which is significantly higher than IBID's 2.05% return.

SCAP

• 1D: 0.76%
• 1M: 2.08%
• YTD: 11.93%
• 6M: 10.03%
• 1Y: 26.46%
• 3Y*: —
• 5Y*: —
• 10Y*: —

IBID

• 1D: 0.11%
• 1M: -0.11%
• YTD: 2.05%
• 6M: 2.10%
• 1Y: 4.10%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SCAP vs. IBID - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
SCAP Infracap Small Cap Income ETF	11.93%	11.85%	16.39%	6.37%
IBID iShares iBonds Oct 2027 Term TIPS ETF	2.05%	5.66%	4.71%	1.46%

Correlation

The correlation between SCAP and IBID 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 (1Y) Calculated over the trailing 1-year period	-0.07
Correlation (All Time) Calculated using the full available price history since Dec 12, 2023	0.04

The correlation between SCAP and IBID shifts across timeframes, from -0.07 (1 year) to 0.04 (all time), reflecting how their relationship changes across market environments.

Return for Risk

SCAP vs. IBID — Risk / Return Rank

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

SCAP

SCAP Risk / Return Rank: 52
SCAP Sharpe Ratio Rank: 53
SCAP Sortino Ratio Rank: 52
SCAP Omega Ratio Rank: 50
SCAP Calmar Ratio Rank: 53
SCAP Martin Ratio Rank: 50

IBID

IBID Risk / Return Rank: 96
IBID Sharpe Ratio Rank: 95
IBID Sortino Ratio Rank: 97
IBID Omega Ratio Rank: 96
IBID Calmar Ratio Rank: 96
IBID Martin Ratio Rank: 96

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.

SCAP vs. IBID - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Infracap Small Cap Income ETF (SCAP) 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.

	SCAP	IBID	Difference
Sharpe ratio: Return per unit of total volatility	1.61	3.34	-1.73
Sortino ratio: Return per unit of downside risk	2.26	5.66	-3.40
Omega ratio: Gain probability vs. loss probability	1.28	1.76	-0.48
Calmar ratio: Return relative to maximum drawdown	2.30	7.49	-5.19
Martin ratio: Return relative to average drawdown	7.61	28.95	-21.34

SCAP vs. IBID - Sharpe Ratio Comparison

The current SCAP Sharpe Ratio is 1.61, which is lower than the IBID Sharpe Ratio of 3.34. The chart below compares the historical Sharpe Ratios of SCAP 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

SCAP vs. IBID - Drawdown Comparison

The maximum SCAP drawdown since its inception was -24.13%, which is greater than IBID's maximum drawdown of -1.28%. Use the drawdown chart below to compare losses from any high point for SCAP and IBID.

Drawdown Indicators

	SCAP	IBID	Difference
Max Drawdown Largest peak-to-trough decline	-24.13%	-1.28%	-22.85%
Max Drawdown (1Y) Largest decline over 1 year	-11.55%	-0.55%	-11.00%
Current Drawdown Current decline from peak	-1.76%	-0.44%	-1.32%
Average Drawdown Average peak-to-trough decline	-4.18%	-0.22%	-3.96%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.49%	0.14%	+3.35%

Volatility

SCAP vs. IBID - Volatility Comparison

Infracap Small Cap Income ETF (SCAP) has a higher volatility of 5.76% compared to iShares iBonds Oct 2027 Term TIPS ETF (IBID) at 0.37%. This indicates that SCAP'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

	SCAP	IBID	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.76%	0.37%	+5.39%
Volatility (6M) Calculated over the trailing 6-month period	12.71%	0.86%	+11.85%
Volatility (1Y) Calculated over the trailing 1-year period	16.52%	1.23%	+15.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.75%	2.24%	+16.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.75%	2.24%	+16.51%

SCAP vs. IBID - Expense Ratio Comparison

SCAP has a 0.80% expense ratio, which is higher than IBID's 0.10% expense ratio.

Dividends

SCAP vs. IBID - Dividend Comparison

SCAP's dividend yield for the trailing twelve months is around 6.83%, more than IBID's 3.68% yield.

Position	TTM	2025	2024	2023
IBID iShares iBonds Oct 2027 Term TIPS ETF	3.68%	4.43%	4.24%	0.81%
SCAP Infracap Small Cap Income ETF	6.83%	6.71%	6.89%	0.27%

Frequently Asked Questions

Can I hold both SCAP and IBID in my portfolio?

SCAP and IBID 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 is riskier, SCAP or IBID?

SCAP has higher volatility (5.76%) compared to IBID (0.37%). In terms of maximum drawdown, SCAP dropped -24.13% vs IBID's -1.28%.

Which ETF is better, SCAP or IBID?

On 1-year performance, SCAP leads with 26.46% vs 4.10% for IBID. On fees, IBID is cheaper at 0.10% per year. On volatility, IBID has been the lower-risk option at 0.37%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SCAP or IBID?

Over the 1-year period, SCAP has performed better with a 26.46% return vs 4.10%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SCAP or IBID?

IBID is cheaper with a 0.10% expense ratio, compared with 0.80% for SCAP.

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

SCAP has the higher dividend yield at 6.83%, compared with 3.68% for IBID.

What is the main difference between SCAP and IBID?

SCAP is categorized as Small Cap Value Equities, while IBID is Inflation-Protected Bonds. They also come from different issuers: InfraCap and iShares. Their fees differ too: 0.80% for SCAP and 0.10% for IBID.

Which has better risk-adjusted returns?

IBID currently has the higher Sharpe Ratio (3.34 vs 1.61), 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.