SIMS vs. IBID
SIMS (SPDR S&P Kensho Intelligent Structures ETF) and IBID (iShares iBonds Oct 2027 Term TIPS ETF) are both exchange-traded funds - SIMS is a Global Equities fund tracking the S&P Kensho Intelligent Infrastructure Index, while IBID is a Inflation-Protected Bonds fund tracking the ICE 2027 Maturity US Inflation-Linked Treasury Index. Both are passively managed. Over the past year, SIMS returned 39.98% vs 4.83% for IBID. At a 0.04 correlation, their price movements are largely independent. SIMS charges 0.45%/yr vs 0.10%/yr for IBID.
Performance
SIMS vs. IBID - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SIMS achieves a 13.06% return, which is significantly higher than IBID's 2.46% return.
SIMS
- 1D
- -0.74%
- 1M
- 1.83%
- YTD
- 13.06%
- 6M
- 9.06%
- 1Y
- 39.98%
- 3Y*
- 12.52%
- 5Y*
- 0.71%
- 10Y*
- —
IBID
- 1D
- 0.08%
- 1M
- 0.49%
- YTD
- 2.46%
- 6M
- 2.57%
- 1Y
- 4.83%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SIMS vs. IBID - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
SIMS SPDR S&P Kensho Intelligent Structures ETF | 13.06% | 23.75% | -0.27% | 3.99% |
IBID iShares iBonds Oct 2027 Term TIPS ETF | 2.46% | 5.66% | 4.71% | 2.61% |
Correlation
The correlation between SIMS and IBID is -0.15, 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 | -0.15 |
Correlation (All Time) Calculated using the full available price history since Sep 18, 2023 | 0.04 |
The correlation between SIMS and IBID shifts across timeframes, from -0.15 (1 year) to 0.04 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SIMS vs. IBID — Risk / Return Rank
SIMS
IBID
SIMS vs. IBID - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Kensho Intelligent Structures ETF (SIMS) 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.
| SIMS | IBID | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.17 | ||
| Sortino ratioReturn per unit of downside risk | -4.44 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.94 | -0.64 |
| Calmar ratioReturn relative to maximum drawdown | 2.54 | 13.33 | -10.78 |
| Martin ratioReturn relative to average drawdown | 6.65 | 39.52 | -32.87 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| SIMS | IBID | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.74 | 3.91 | -2.17 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.03 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.25 | 2.56 | -2.30 |
Drawdowns
SIMS vs. IBID - Drawdown Comparison
The maximum SIMS drawdown since its inception was -43.97%, which is greater than IBID's maximum drawdown of -1.28%. Use the drawdown chart below to compare losses from any high point for SIMS and IBID.
Loading charts...
Drawdown Indicators
| SIMS | IBID | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.97% | -1.28% | -42.69% |
Max Drawdown (1Y)Largest decline over 1 year | -15.79% | -0.36% | -15.43% |
Max Drawdown (3Y)Largest decline over 3 years | -28.78% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -43.97% | — | — |
Current DrawdownCurrent decline from peak | -0.74% | 0.00% | -0.74% |
Average DrawdownAverage peak-to-trough decline | -16.09% | -0.22% | -15.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.03% | 0.12% | +5.91% |
Volatility
SIMS vs. IBID - Volatility Comparison
SPDR S&P Kensho Intelligent Structures ETF (SIMS) has a higher volatility of 5.15% compared to iShares iBonds Oct 2027 Term TIPS ETF (IBID) at 0.32%. This indicates that SIMS'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.
Loading charts...
Volatility by Period
| SIMS | IBID | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.15% | 0.32% | +4.83% |
Volatility (6M)Calculated over the trailing 6-month period | 14.95% | 0.80% | +14.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.26% | 1.25% | +22.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.08% | 2.25% | +22.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.02% | 2.25% | +23.77% |
SIMS vs. IBID - Expense Ratio Comparison
SIMS has a 0.45% expense ratio, which is higher than IBID's 0.10% expense ratio.
Dividends
SIMS vs. IBID - Dividend Comparison
SIMS's dividend yield for the trailing twelve months is around 0.57%, less than IBID's 3.66% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
IBID iShares iBonds Oct 2027 Term TIPS ETF | 3.66% | 4.43% | 4.24% | 0.81% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SIMS SPDR S&P Kensho Intelligent Structures ETF | 0.57% | 0.66% | 0.88% | 1.49% | 1.48% | 0.97% | 0.58% | 1.24% | 0.85% |
Frequently Asked Questions
SIMS and IBID have a correlation of -0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SIMS has higher volatility (5.15%) compared to IBID (0.32%). In terms of maximum drawdown, SIMS dropped -43.97% vs IBID's -1.28%.
On 1-year performance, SIMS leads with 39.98% vs 4.83% for IBID. On fees, IBID is cheaper at 0.10% per year. On volatility, IBID has been the lower-risk option at 0.32%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, SIMS has performed better with a 39.98% return vs 4.83%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IBID is cheaper with a 0.10% expense ratio, compared with 0.45% for SIMS.
IBID has the higher dividend yield at 3.66%, compared with 0.57% for SIMS.
SIMS is categorized as Global Equities, while IBID is Inflation-Protected Bonds. SIMS tracks S&P Kensho Intelligent Infrastructure Index, while IBID tracks ICE 2027 Maturity US Inflation-Linked Treasury Index. They also come from different issuers: State Street and iShares. Their fees differ too: 0.45% for SIMS and 0.10% for IBID.
IBID currently has the higher Sharpe Ratio (3.91 vs 1.74), 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.
Find the right allocation for SIMS and IBID
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer