UMDD vs. IBIC
UMDD (ProShares UltraPro MidCap400) and IBIC (iShares iBonds Oct 2026 Term TIPS ETF) are both exchange-traded funds - UMDD is a Leveraged Equities fund tracking the S&P MidCap 400 Index (300%), while IBIC is a Inflation-Protected Bonds fund tracking the ICE 2026 Maturity US Inflation-Linked Treasury Index. Both are passively managed. Over the past year, UMDD returned 68.09% vs 4.49% for IBIC. At a correlation of -0.02, they often move in opposite directions. UMDD charges 0.95%/yr vs 0.10%/yr for IBIC.
Performance
UMDD vs. IBIC - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, UMDD achieves a 38.92% return, which is significantly higher than IBIC's 2.34% return.
UMDD
- 1D
- 0.96%
- 1M
- 7.76%
- YTD
- 38.92%
- 6M
- 36.59%
- 1Y
- 68.09%
- 3Y*
- 27.72%
- 5Y*
- 2.53%
- 10Y*
- 11.80%
IBIC
- 1D
- -0.03%
- 1M
- 0.28%
- YTD
- 2.34%
- 6M
- 2.50%
- 1Y
- 4.49%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
UMDD vs. IBIC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
UMDD ProShares UltraPro MidCap400 | 38.92% | -2.57% | 19.68% | 20.33% |
IBIC iShares iBonds Oct 2026 Term TIPS ETF | 2.34% | 4.96% | 5.25% | 2.17% |
Correlation
The correlation between UMDD and IBIC is -0.18, 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 | -0.18 |
Correlation (All Time) Calculated using the full available price history since Sep 18, 2023 | -0.02 |
The correlation between UMDD and IBIC shifts across timeframes, from -0.18 (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
UMDD vs. IBIC — Risk / Return Rank
UMDD
IBIC
UMDD vs. IBIC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares UltraPro MidCap400 (UMDD) 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.
| UMDD | IBIC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.52 | ||
| Sortino ratioReturn per unit of downside risk | -6.93 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 2.22 | -0.97 |
| Calmar ratioReturn relative to maximum drawdown | 2.63 | 17.09 | -14.46 |
| Martin ratioReturn relative to average drawdown | 8.80 | 66.52 | -57.72 |
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
| UMDD | IBIC | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.47 | 4.99 | -3.52 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.04 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.19 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.33 | 3.48 | -3.16 |
Drawdowns
UMDD vs. IBIC - Drawdown Comparison
The maximum UMDD drawdown since its inception was -86.24%, which is greater than IBIC's maximum drawdown of -0.90%. Use the drawdown chart below to compare losses from any high point for UMDD and IBIC.
Loading charts...
Drawdown Indicators
| UMDD | IBIC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -86.24% | -0.90% | -85.34% |
Max Drawdown (1Y)Largest decline over 1 year | -26.04% | -0.26% | -25.78% |
Max Drawdown (3Y)Largest decline over 3 years | -60.33% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -64.61% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -86.24% | — | — |
Current DrawdownCurrent decline from peak | -4.86% | -0.16% | -4.70% |
Average DrawdownAverage peak-to-trough decline | -23.61% | -0.10% | -23.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.76% | 0.07% | +7.69% |
Volatility
UMDD vs. IBIC - Volatility Comparison
ProShares UltraPro MidCap400 (UMDD) has a higher volatility of 13.04% compared to iShares iBonds Oct 2026 Term TIPS ETF (IBIC) at 0.32%. This indicates that UMDD'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
| UMDD | IBIC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.04% | 0.32% | +12.72% |
Volatility (6M)Calculated over the trailing 6-month period | 34.22% | 0.67% | +33.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 46.65% | 0.90% | +45.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 58.91% | 1.58% | +57.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 62.27% | 1.58% | +60.69% |
UMDD vs. IBIC - Expense Ratio Comparison
UMDD has a 0.95% expense ratio, which is higher than IBIC's 0.10% expense ratio.
Dividends
UMDD vs. IBIC - Dividend Comparison
UMDD's dividend yield for the trailing twelve months is around 0.75%, less than IBIC's 3.59% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% | 0.00% | 0.00% |
UMDD ProShares UltraPro MidCap400 | 0.75% | 1.00% | 0.76% | 0.19% | 0.49% | 0.06% | 0.08% | 0.64% | 0.32% | 0.00% | 0.03% | 0.06% |
Frequently Asked Questions
UMDD and IBIC have a correlation of -0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
UMDD has higher volatility (13.04%) compared to IBIC (0.32%). In terms of maximum drawdown, UMDD dropped -86.24% vs IBIC's -0.90%.
On 1-year performance, UMDD leads with 68.09% vs 4.49% for IBIC. On fees, IBIC is cheaper at 0.10% per year. On volatility, IBIC has been the lower-risk option at 0.32%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, UMDD has performed better with a 68.09% return vs 4.49%. 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 0.95% for UMDD.
IBIC has the higher dividend yield at 3.59%, compared with 0.75% for UMDD.
UMDD is categorized as Leveraged Equities, while IBIC is Inflation-Protected Bonds. UMDD tracks S&P MidCap 400 Index (300%), while IBIC tracks ICE 2026 Maturity US Inflation-Linked Treasury Index. They also come from different issuers: ProShares and iShares. Their fees differ too: 0.95% for UMDD and 0.10% for IBIC.
IBIC currently has the higher Sharpe Ratio (4.99 vs 1.47), 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 UMDD 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