TQQY vs. IBID
TQQY (GraniteShares YieldBOOST QQQ ETF) and IBID (iShares iBonds Oct 2027 Term TIPS ETF) are both exchange-traded funds - TQQY is a Leveraged Equities fund actively managed by GraniteShares, while IBID is a Inflation-Protected Bonds fund tracking the ICE 2027 Maturity US Inflation-Linked Treasury Index. TQQY is actively managed, while IBID is passively managed. Over the past year, TQQY returned 14.22% vs 4.04% for IBID. At a correlation of -0.21, they often move in opposite directions. TQQY charges 1.07%/yr vs 0.10%/yr for IBID.
Performance
TQQY vs. IBID - Performance Comparison
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Returns By Period
In the year-to-date period, TQQY achieves a 5.34% return, which is significantly higher than IBID's 1.99% return.
TQQY
- 1D
- 0.19%
- 1M
- -1.53%
- YTD
- 5.34%
- 6M
- 2.85%
- 1Y
- 14.22%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IBID
- 1D
- 0.00%
- 1M
- -0.19%
- YTD
- 1.99%
- 6M
- 2.08%
- 1Y
- 4.04%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TQQY vs. IBID - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
TQQY GraniteShares YieldBOOST QQQ ETF | 5.34% | -6.04% |
IBID iShares iBonds Oct 2027 Term TIPS ETF | 1.99% | 3.96% |
Correlation
The correlation between TQQY 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 Feb 26, 2025 | -0.21 |
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Return for Risk
TQQY vs. IBID — Risk / Return Rank
TQQY
IBID
TQQY vs. IBID - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GraniteShares YieldBOOST QQQ ETF (TQQY) 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.
| TQQY | IBID | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.62 | ||
| Sortino ratioReturn per unit of downside risk | -4.64 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.75 | -0.59 |
| Calmar ratioReturn relative to maximum drawdown | 0.74 | 8.22 | -7.48 |
| Martin ratioReturn relative to average drawdown | 1.78 | 30.99 | -29.21 |
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Drawdowns
TQQY vs. IBID - Drawdown Comparison
The maximum TQQY drawdown since its inception was -26.06%, which is greater than IBID's maximum drawdown of -1.28%. Use the drawdown chart below to compare losses from any high point for TQQY and IBID.
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Drawdown Indicators
| TQQY | IBID | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.06% | -1.28% | -24.78% |
Max Drawdown (1Y)Largest decline over 1 year | -19.35% | -0.49% | -18.86% |
Current DrawdownCurrent decline from peak | -5.90% | -0.49% | -5.41% |
Average DrawdownAverage peak-to-trough decline | -9.88% | -0.22% | -9.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.01% | 0.13% | +7.88% |
Volatility
TQQY vs. IBID - Volatility Comparison
GraniteShares YieldBOOST QQQ ETF (TQQY) has a higher volatility of 4.45% compared to iShares iBonds Oct 2027 Term TIPS ETF (IBID) at 0.35%. This indicates that TQQY'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.
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Volatility by Period
| TQQY | IBID | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.45% | 0.35% | +4.10% |
Volatility (6M)Calculated over the trailing 6-month period | 14.18% | 0.86% | +13.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.25% | 1.23% | +20.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.74% | 2.24% | +21.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.74% | 2.24% | +21.50% |
TQQY vs. IBID - Expense Ratio Comparison
TQQY has a 1.07% expense ratio, which is higher than IBID's 0.10% expense ratio.
Dividends
TQQY vs. IBID - Dividend Comparison
TQQY's dividend yield for the trailing twelve months is around 60.75%, more than IBID's 3.68% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
IBID iShares iBonds Oct 2027 Term TIPS ETF | 3.68% | 4.43% | 4.24% | 0.81% |
TQQY GraniteShares YieldBOOST QQQ ETF | 60.75% | 49.61% | 0.00% | 0.00% |
Frequently Asked Questions
TQQY 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.
TQQY has higher volatility (4.45%) compared to IBID (0.35%). In terms of maximum drawdown, TQQY dropped -26.06% vs IBID's -1.28%.
On 1-year performance, TQQY leads with 14.22% vs 4.04% 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.
Over the 1-year period, TQQY has performed better with a 14.22% return vs 4.04%. 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 1.07% for TQQY.
TQQY has the higher dividend yield at 60.75%, compared with 3.68% for IBID.
TQQY is categorized as Leveraged Equities, while IBID is Inflation-Protected Bonds. They also come from different issuers: GraniteShares and iShares. Their fees differ too: 1.07% for TQQY and 0.10% for IBID.
IBID currently has the higher Sharpe Ratio (3.29 vs 0.67), 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.
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