TCBT.DE vs. IB26.DE
TCBT.DE (VanEck iBoxx EUR Corporates UCITS ETF) and IB26.DE (iShares iBonds Dec 2026 Term EUR Corporate UCITS ETF EUR (Dist)) are both European Corporate Bonds funds - TCBT.DE tracks the iBoxx® SD-KPI EUR Liquid Corporates while IB26.DE tracks the Bloomberg MSCI December 2026 Maturity EUR Corporate ESG Screened Index. Both are passively managed. Over the past year, TCBT.DE returned 1.72% vs 2.18% for IB26.DE. A 0.59 correlation means they provide meaningful diversification when combined. TCBT.DE charges 0.15%/yr vs 0.12%/yr for IB26.DE.
Performance
TCBT.DE vs. IB26.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, TCBT.DE achieves a 0.36% return, which is significantly lower than IB26.DE's 0.88% return.
TCBT.DE
- 1D
- -0.09%
- 1M
- -0.28%
- YTD
- 0.36%
- 6M
- 0.13%
- 1Y
- 1.72%
- 3Y*
- 3.98%
- 5Y*
- -0.18%
- 10Y*
- —
IB26.DE
- 1D
- 0.02%
- 1M
- 0.25%
- YTD
- 0.88%
- 6M
- 1.06%
- 1Y
- 2.18%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TCBT.DE vs. IB26.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
TCBT.DE VanEck iBoxx EUR Corporates UCITS ETF | 0.36% | 2.42% | 3.35% | 5.18% |
IB26.DE iShares iBonds Dec 2026 Term EUR Corporate UCITS ETF EUR (Dist) | 0.88% | 2.79% | 3.68% | 3.19% |
Correlation
The correlation between TCBT.DE and IB26.DE is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.14 |
Correlation (All Time) Calculated using the full available price history since Aug 11, 2023 | 0.59 |
Over the past year, the correlation between TCBT.DE and IB26.DE has dropped to 0.14 - well below their long-term average of 0.59, suggesting their price drivers have been diverging.
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
TCBT.DE vs. IB26.DE — Risk / Return Rank
TCBT.DE
IB26.DE
TCBT.DE vs. IB26.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck iBoxx EUR Corporates UCITS ETF (TCBT.DE) and iShares iBonds Dec 2026 Term EUR Corporate UCITS ETF EUR (Dist) (IB26.DE). 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.
| TCBT.DE | IB26.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.71 | ||
| Sortino ratioReturn per unit of downside risk | -4.56 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.66 | -0.60 |
| Calmar ratioReturn relative to maximum drawdown | 0.40 | 11.70 | -11.31 |
| Martin ratioReturn relative to average drawdown | 1.19 | 54.81 | -53.62 |
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
| TCBT.DE | IB26.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.30 | 3.01 | -2.71 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.04 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.18 | 2.62 | -2.44 |
Drawdowns
TCBT.DE vs. IB26.DE - Drawdown Comparison
The maximum TCBT.DE drawdown since its inception was -16.90%, which is greater than IB26.DE's maximum drawdown of -0.83%. Use the drawdown chart below to compare losses from any high point for TCBT.DE and IB26.DE.
Loading charts...
Drawdown Indicators
| TCBT.DE | IB26.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.90% | -0.83% | -16.07% |
Max Drawdown (1Y)Largest decline over 1 year | -3.39% | -0.18% | -3.21% |
Max Drawdown (3Y)Largest decline over 3 years | -3.39% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -16.88% | — | — |
Current DrawdownCurrent decline from peak | -2.09% | 0.00% | -2.09% |
Average DrawdownAverage peak-to-trough decline | -5.10% | -0.11% | -4.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.13% | 0.04% | +1.09% |
Volatility
TCBT.DE vs. IB26.DE - Volatility Comparison
VanEck iBoxx EUR Corporates UCITS ETF (TCBT.DE) has a higher volatility of 1.20% compared to iShares iBonds Dec 2026 Term EUR Corporate UCITS ETF EUR (Dist) (IB26.DE) at 0.25%. This indicates that TCBT.DE's price experiences larger fluctuations and is considered to be riskier than IB26.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| TCBT.DE | IB26.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.20% | 0.25% | +0.95% |
Volatility (6M)Calculated over the trailing 6-month period | 4.05% | 0.51% | +3.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.46% | 0.72% | +3.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.18% | 1.43% | +3.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.36% | 1.43% | +3.93% |
TCBT.DE vs. IB26.DE - Expense Ratio Comparison
TCBT.DE has a 0.15% expense ratio, which is higher than IB26.DE's 0.12% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
TCBT.DE vs. IB26.DE - Dividend Comparison
TCBT.DE's dividend yield for the trailing twelve months is around 2.67%, less than IB26.DE's 3.14% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
IB26.DE iShares iBonds Dec 2026 Term EUR Corporate UCITS ETF EUR (Dist) | 3.14% | 3.24% | 3.59% | 1.20% | 0.00% | 0.00% | 0.00% | 0.00% |
TCBT.DE VanEck iBoxx EUR Corporates UCITS ETF | 2.67% | 2.45% | 2.39% | 1.12% | 1.39% | 0.75% | 1.00% | 1.07% |
Frequently Asked Questions
TCBT.DE and IB26.DE have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IB26.DE is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IB26.DE is cheaper with a 0.12% expense ratio, compared with 0.15% for TCBT.DE.
TCBT.DE tracks iBoxx® SD-KPI EUR Liquid Corporates, while IB26.DE tracks Bloomberg MSCI December 2026 Maturity EUR Corporate ESG Screened Index. They also come from different issuers: VanEck and iShares. Their fees differ too: 0.15% for TCBT.DE and 0.12% for IB26.DE.
Find the right allocation for TCBT.DE and IB26.DE
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