SQLV vs. IBIC
SQLV (Royce Quant Small-Cap Quality Value ETF) and IBIC (iShares iBonds Oct 2026 Term TIPS ETF) are both exchange-traded funds - SQLV is a Small Cap Value Equities fund actively managed by Franklin Templeton, while IBIC is a Inflation-Protected Bonds fund tracking the ICE 2026 Maturity US Inflation-Linked Treasury Index. SQLV is actively managed, while IBIC is passively managed. Over the past year, SQLV returned 25.91% vs 4.54% for IBIC. At a correlation of -0.02, they often move in opposite directions. SQLV charges 0.60%/yr vs 0.10%/yr for IBIC.
Performance
SQLV vs. IBIC - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SQLV achieves a 12.76% return, which is significantly higher than IBIC's 2.37% return.
SQLV
- 1D
- -1.66%
- 1M
- 1.74%
- YTD
- 12.76%
- 6M
- 12.70%
- 1Y
- 25.91%
- 3Y*
- 12.10%
- 5Y*
- 6.01%
- 10Y*
- —
IBIC
- 1D
- 0.02%
- 1M
- 0.27%
- YTD
- 2.37%
- 6M
- 2.51%
- 1Y
- 4.54%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SQLV vs. IBIC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
SQLV Royce Quant Small-Cap Quality Value ETF | 12.76% | 2.50% | 4.76% | 14.09% |
IBIC iShares iBonds Oct 2026 Term TIPS ETF | 2.37% | 4.96% | 5.25% | 2.17% |
Correlation
The correlation between SQLV and IBIC is -0.20, 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 | -0.20 |
Correlation (All Time) Calculated using the full available price history since Sep 18, 2023 | -0.02 |
The correlation between SQLV and IBIC shifts across timeframes, from -0.20 (1 year) to -0.02 (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
SQLV vs. IBIC — Risk / Return Rank
SQLV
IBIC
SQLV vs. IBIC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Royce Quant Small-Cap Quality Value ETF (SQLV) 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.
| SQLV | IBIC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.57 | ||
| Sortino ratioReturn per unit of downside risk | -6.94 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 2.24 | -0.99 |
| Calmar ratioReturn relative to maximum drawdown | 2.94 | 17.27 | -14.33 |
| Martin ratioReturn relative to average drawdown | 8.77 | 67.45 | -58.68 |
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
| SQLV | IBIC | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.48 | 5.05 | -3.57 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.29 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.38 | 3.49 | -3.11 |
Drawdowns
SQLV vs. IBIC - Drawdown Comparison
The maximum SQLV drawdown since its inception was -48.34%, which is greater than IBIC's maximum drawdown of -0.90%. Use the drawdown chart below to compare losses from any high point for SQLV and IBIC.
Loading charts...
Drawdown Indicators
| SQLV | IBIC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.34% | -0.90% | -47.44% |
Max Drawdown (1Y)Largest decline over 1 year | -8.84% | -0.26% | -8.58% |
Max Drawdown (3Y)Largest decline over 3 years | -26.86% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -26.86% | — | — |
Current DrawdownCurrent decline from peak | -1.66% | -0.13% | -1.53% |
Average DrawdownAverage peak-to-trough decline | -8.95% | -0.10% | -8.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.96% | 0.07% | +2.89% |
Volatility
SQLV vs. IBIC - Volatility Comparison
Royce Quant Small-Cap Quality Value ETF (SQLV) has a higher volatility of 4.30% compared to iShares iBonds Oct 2026 Term TIPS ETF (IBIC) at 0.33%. This indicates that SQLV'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.
Loading charts...
Volatility by Period
| SQLV | IBIC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.30% | 0.33% | +3.97% |
Volatility (6M)Calculated over the trailing 6-month period | 11.36% | 0.67% | +10.69% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.70% | 0.90% | +16.80% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.99% | 1.58% | +19.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.36% | 1.58% | +21.78% |
SQLV vs. IBIC - Expense Ratio Comparison
SQLV has a 0.60% expense ratio, which is higher than IBIC's 0.10% expense ratio.
Dividends
SQLV vs. IBIC - Dividend Comparison
SQLV's dividend yield for the trailing twelve months is around 1.01%, less than IBIC's 3.59% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
IBIC iShares iBonds Oct 2026 Term TIPS ETF | 3.59% | 4.43% | 4.65% | 0.83% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SQLV Royce Quant Small-Cap Quality Value ETF | 1.01% | 1.15% | 1.11% | 1.09% | 1.24% | 1.12% | 1.22% | 1.20% | 1.08% | 0.40% |
Frequently Asked Questions
SQLV and IBIC have a correlation of -0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SQLV has higher volatility (4.30%) compared to IBIC (0.33%). In terms of maximum drawdown, SQLV dropped -48.34% vs IBIC's -0.90%.
On 1-year performance, SQLV leads with 25.91% vs 4.54% for IBIC. On fees, IBIC is cheaper at 0.10% per year. On volatility, IBIC has been the lower-risk option at 0.33%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, SQLV has performed better with a 25.91% return vs 4.54%. 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 0.60% for SQLV.
IBIC has the higher dividend yield at 3.59%, compared with 1.01% for SQLV.
SQLV is categorized as Small Cap Value Equities, while IBIC is Inflation-Protected Bonds. They also come from different issuers: Franklin Templeton and iShares. Their fees differ too: 0.60% for SQLV and 0.10% for IBIC.
IBIC currently has the higher Sharpe Ratio (5.05 vs 1.48), 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 SQLV and IBIC
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