SRHR vs. IBIC

Last updated Jun 20, 2026

SRHR (SRH REIT Covered Call ETF) and IBIC (iShares iBonds Oct 2026 Term TIPS ETF) are both exchange-traded funds - SRHR is a REIT fund actively managed by SRH, while IBIC is a Inflation-Protected Bonds fund tracking the ICE 2026 Maturity US Inflation-Linked Treasury Index. SRHR is actively managed, while IBIC is passively managed. Over the past year, SRHR returned 12.74% vs 4.44% for IBIC. At a 0.06 correlation, their price movements are largely independent. SRHR charges 0.75%/yr vs 0.10%/yr for IBIC.

Performance

SRHR vs. IBIC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SRH REIT Covered Call ETF (SRHR) and iShares iBonds Oct 2026 Term TIPS ETF (IBIC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SRHR achieves a 12.13% return, which is significantly higher than IBIC's 2.33% return.

SRHR

• 1D: 0.56%
• 1M: 0.23%
• YTD: 12.13%
• 6M: 13.55%
• 1Y: 12.74%
• 3Y*: —
• 5Y*: —
• 10Y*: —

IBIC

• 1D: 0.10%
• 1M: -0.02%
• YTD: 2.33%
• 6M: 2.45%
• 1Y: 4.44%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SRHR vs. IBIC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
SRHR SRH REIT Covered Call ETF	12.13%	-0.91%	3.94%	15.98%
IBIC iShares iBonds Oct 2026 Term TIPS ETF	2.33%	4.96%	5.25%	1.70%

Correlation

The correlation between SRHR and IBIC is -0.06, 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	-0.06
Correlation (All Time) Calculated using the full available price history since Nov 2, 2023	0.06

The correlation between SRHR and IBIC shifts across timeframes, from -0.06 (1 year) to 0.06 (all time), reflecting how their relationship changes across market environments.

Return for Risk

SRHR vs. IBIC — Risk / Return Rank

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

SRHR

SRHR Risk / Return Rank: 29
SRHR Sharpe Ratio Rank: 28
SRHR Sortino Ratio Rank: 27
SRHR Omega Ratio Rank: 25
SRHR Calmar Ratio Rank: 32
SRHR Martin Ratio Rank: 32

IBIC

IBIC Risk / Return Rank: 98
IBIC Sharpe Ratio Rank: 98
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.

SRHR vs. IBIC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SRH REIT Covered Call ETF (SRHR) 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.

	SRHR	IBIC	Difference
Sharpe ratio: Return per unit of total volatility	0.97	4.99	-4.01
Sortino ratio: Return per unit of downside risk	1.43	9.02	-7.59
Omega ratio: Gain probability vs. loss probability	1.17	2.23	-1.06
Calmar ratio: Return relative to maximum drawdown	1.53	16.64	-15.11
Martin ratio: Return relative to average drawdown	4.51	59.19	-54.68

SRHR vs. IBIC - Sharpe Ratio Comparison

The current SRHR Sharpe Ratio is 0.97, which is lower than the IBIC Sharpe Ratio of 4.99. The chart below compares the historical Sharpe Ratios of SRHR and IBIC, 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

SRHR vs. IBIC - Drawdown Comparison

The maximum SRHR drawdown since its inception was -18.68%, which is greater than IBIC's maximum drawdown of -0.90%. Use the drawdown chart below to compare losses from any high point for SRHR and IBIC.

Drawdown Indicators

	SRHR	IBIC	Difference
Max Drawdown Largest peak-to-trough decline	-18.68%	-0.90%	-17.78%
Max Drawdown (1Y) Largest decline over 1 year	-8.34%	-0.27%	-8.07%
Current Drawdown Current decline from peak	-2.46%	-0.17%	-2.29%
Average Drawdown Average peak-to-trough decline	-4.85%	-0.10%	-4.75%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.83%	0.08%	+2.75%

Volatility

SRHR vs. IBIC - Volatility Comparison

SRH REIT Covered Call ETF (SRHR) has a higher volatility of 4.33% compared to iShares iBonds Oct 2026 Term TIPS ETF (IBIC) at 0.22%. This indicates that SRHR'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.

Volatility by Period

	SRHR	IBIC	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.33%	0.22%	+4.11%
Volatility (6M) Calculated over the trailing 6-month period	9.98%	0.67%	+9.31%
Volatility (1Y) Calculated over the trailing 1-year period	13.17%	0.89%	+12.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.83%	1.57%	+14.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.83%	1.57%	+14.26%

SRHR vs. IBIC - Expense Ratio Comparison

SRHR has a 0.75% expense ratio, which is higher than IBIC's 0.10% expense ratio.

Dividends

SRHR vs. IBIC - Dividend Comparison

SRHR's dividend yield for the trailing twelve months is around 6.33%, more 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%
SRHR SRH REIT Covered Call ETF	6.33%	7.07%	6.90%	0.95%

Frequently Asked Questions

Can I hold both SRHR and IBIC in my portfolio?

SRHR and IBIC have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SRHR or IBIC?

SRHR has higher volatility (4.33%) compared to IBIC (0.22%). In terms of maximum drawdown, SRHR dropped -18.68% vs IBIC's -0.90%.

Which ETF is better, SRHR or IBIC?

On 1-year performance, SRHR leads with 12.74% vs 4.44% for IBIC. On fees, IBIC is cheaper at 0.10% per year. On volatility, IBIC has been the lower-risk option at 0.22%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SRHR or IBIC?

Over the 1-year period, SRHR has performed better with a 12.74% return vs 4.44%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SRHR or IBIC?

IBIC is cheaper with a 0.10% expense ratio, compared with 0.75% for SRHR.

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

SRHR has the higher dividend yield at 6.33%, compared with 3.59% for IBIC.

What is the main difference between SRHR and IBIC?

SRHR is categorized as REIT, while IBIC is Inflation-Protected Bonds. They also come from different issuers: SRH and iShares. Their fees differ too: 0.75% for SRHR and 0.10% for IBIC.

Which has better risk-adjusted returns?

IBIC currently has the higher Sharpe Ratio (4.99 vs 0.97), 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.