SSXU vs. IBID

Last updated Jun 25, 2026

SSXU (Day Hagan/Ned Davis Research Smart Sector International ETF) and IBID (iShares iBonds Oct 2027 Term TIPS ETF) are both exchange-traded funds - SSXU is a Foreign Large Cap Equities fund actively managed by Day Hagan, while IBID is a Inflation-Protected Bonds fund tracking the ICE 2027 Maturity US Inflation-Linked Treasury Index. SSXU is actively managed, while IBID is passively managed. Over the past year, SSXU returned 15.50% vs 4.00% for IBID. At a 0.10 correlation, their price movements are largely independent. SSXU charges 1.15%/yr vs 0.10%/yr for IBID.

Performance

SSXU vs. IBID - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Day Hagan/Ned Davis Research Smart Sector International ETF (SSXU) 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, SSXU achieves a 2.63% return, which is significantly higher than IBID's 1.94% return.

SSXU

• 1D: -0.42%
• 1M: -2.00%
• YTD: 2.63%
• 6M: 2.21%
• 1Y: 15.50%
• 3Y*: 12.05%
• 5Y*: —
• 10Y*: —

IBID

• 1D: -0.00%
• 1M: -0.25%
• YTD: 1.94%
• 6M: 1.99%
• 1Y: 4.00%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SSXU vs. IBID - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
SSXU Day Hagan/Ned Davis Research Smart Sector International ETF	2.63%	27.09%	5.28%	2.11%
IBID iShares iBonds Oct 2027 Term TIPS ETF	1.94%	5.66%	4.71%	2.61%

Correlation

The correlation between SSXU and IBID 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 Sep 15, 2023	0.10

The correlation between SSXU and IBID shifts across timeframes, from -0.06 (1 year) to 0.10 (all time), reflecting how their relationship changes across market environments.

Return for Risk

SSXU vs. IBID — Risk / Return Rank

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

SSXU

SSXU Risk / Return Rank: 34
SSXU Sharpe Ratio Rank: 34
SSXU Sortino Ratio Rank: 33
SSXU Omega Ratio Rank: 34
SSXU Calmar Ratio Rank: 32
SSXU Martin Ratio Rank: 36

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: 95
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.

SSXU vs. IBID - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Day Hagan/Ned Davis Research Smart Sector International ETF (SSXU) 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.

	SSXU	IBID	Difference
Sharpe ratio: Return per unit of total volatility	1.12	3.26	-2.15
Sortino ratio: Return per unit of downside risk	1.61	5.52	-3.91
Omega ratio: Gain probability vs. loss probability	1.21	1.74	-0.53
Calmar ratio: Return relative to maximum drawdown	1.45	7.30	-5.85
Martin ratio: Return relative to average drawdown	4.89	28.77	-23.88

SSXU vs. IBID - Sharpe Ratio Comparison

The current SSXU Sharpe Ratio is 1.12, which is lower than the IBID Sharpe Ratio of 3.26. The chart below compares the historical Sharpe Ratios of SSXU 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

SSXU vs. IBID - Drawdown Comparison

The maximum SSXU drawdown since its inception was -13.91%, which is greater than IBID's maximum drawdown of -1.28%. Use the drawdown chart below to compare losses from any high point for SSXU and IBID.

Drawdown Indicators

	SSXU	IBID	Difference
Max Drawdown Largest peak-to-trough decline	-13.91%	-1.28%	-12.63%
Max Drawdown (1Y) Largest decline over 1 year	-10.71%	-0.55%	-10.16%
Max Drawdown (3Y) Largest decline over 3 years	-13.91%	—	—
Current Drawdown Current decline from peak	-5.75%	-0.55%	-5.20%
Average Drawdown Average peak-to-trough decline	-3.24%	-0.22%	-3.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.18%	0.14%	+3.04%

Volatility

SSXU vs. IBID - Volatility Comparison

Day Hagan/Ned Davis Research Smart Sector International ETF (SSXU) has a higher volatility of 4.44% compared to iShares iBonds Oct 2027 Term TIPS ETF (IBID) at 0.35%. This indicates that SSXU'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

	SSXU	IBID	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.44%	0.35%	+4.09%
Volatility (6M) Calculated over the trailing 6-month period	11.94%	0.86%	+11.08%
Volatility (1Y) Calculated over the trailing 1-year period	14.02%	1.23%	+12.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.41%	2.24%	+12.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.41%	2.24%	+12.17%

SSXU vs. IBID - Expense Ratio Comparison

SSXU has a 1.15% expense ratio, which is higher than IBID's 0.10% expense ratio.

Dividends

SSXU vs. IBID - Dividend Comparison

SSXU's dividend yield for the trailing twelve months is around 2.59%, less than IBID's 3.68% yield.

Position	TTM	2025	2024	2023	2022
IBID iShares iBonds Oct 2027 Term TIPS ETF	3.68%	4.43%	4.24%	0.81%	0.00%
SSXU Day Hagan/Ned Davis Research Smart Sector International ETF	2.59%	2.66%	2.74%	2.07%	0.65%

Frequently Asked Questions

Can I hold both SSXU and IBID in my portfolio?

SSXU and IBID 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, SSXU or IBID?

SSXU has higher volatility (4.44%) compared to IBID (0.35%). In terms of maximum drawdown, SSXU dropped -13.91% vs IBID's -1.28%.

Which ETF is better, SSXU or IBID?

On 1-year performance, SSXU leads with 15.50% vs 4.00% for IBID. On fees, IBID is cheaper at 0.10% per year. On volatility, IBID has been the lower-risk option at 0.35%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SSXU or IBID?

Over the 1-year period, SSXU has performed better with a 15.50% return vs 4.00%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SSXU or IBID?

IBID is cheaper with a 0.10% expense ratio, compared with 1.15% for SSXU.

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

IBID has the higher dividend yield at 3.68%, compared with 2.59% for SSXU.

What is the main difference between SSXU and IBID?

SSXU is categorized as Foreign Large Cap Equities, while IBID is Inflation-Protected Bonds. They also come from different issuers: Day Hagan and iShares. Their fees differ too: 1.15% for SSXU and 0.10% for IBID.

Which has better risk-adjusted returns?

IBID currently has the higher Sharpe Ratio (3.26 vs 1.12), 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.