WAR vs. IBIC

Last updated Jun 4, 2026

WAR (U.S. Global Technology and Aerospace & Defense ETF) and IBIC (iShares iBonds Oct 2026 Term TIPS ETF) are both exchange-traded funds - WAR is a Aerospace & Defense fund actively managed by US Global, while IBIC is a Inflation-Protected Bonds fund tracking the ICE 2026 Maturity US Inflation-Linked Treasury Index. WAR is actively managed, while IBIC is passively managed. At a correlation of -0.26, they often move in opposite directions. WAR charges 0.60%/yr vs 0.10%/yr for IBIC.

Performance

WAR vs. IBIC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in U.S. Global Technology and Aerospace & Defense ETF (WAR) and iShares iBonds Oct 2026 Term TIPS ETF (IBIC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

WAR

• 1D: -1.92%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

IBIC

• 1D: 0.02%
• 1M: 0.27%
• YTD: 2.37%
• 6M: 2.51%
• 1Y: 4.54%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

WAR vs. IBIC - Yearly Performance Comparison

	2026 (YTD)
WAR U.S. Global Technology and Aerospace & Defense ETF	2.67%
IBIC iShares iBonds Oct 2026 Term TIPS ETF	0.08%

Correlation

The correlation between WAR and IBIC is -0.26, 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 (All Time) Calculated using the full available price history since May 27, 2026	-0.26

Return for Risk

WAR vs. IBIC — Risk / Return Rank

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

IBIC

IBIC Risk / Return Rank: 98
IBIC Sharpe Ratio Rank: 97
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.

WAR vs. IBIC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for U.S. Global Technology and Aerospace & Defense ETF (WAR) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	WAR	IBIC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	5.05	—
Sharpe Ratio (All Time) Calculated using the full available price history	5.18	3.49	+1.69

Drawdowns

WAR vs. IBIC - Drawdown Comparison

The maximum WAR drawdown since its inception was -1.92%, which is greater than IBIC's maximum drawdown of -0.90%. Use the drawdown chart below to compare losses from any high point for WAR and IBIC.

Drawdown Indicators

	WAR	IBIC	Difference
Max Drawdown Largest peak-to-trough decline	-1.92%	-0.90%	-1.02%
Max Drawdown (1Y) Largest decline over 1 year	—	-0.26%	—
Current Drawdown Current decline from peak	-1.92%	-0.13%	-1.79%
Average Drawdown Average peak-to-trough decline	-0.88%	-0.10%	-0.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.07%	—

Volatility

Volatility by Period

	WAR	IBIC	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.33%	—
Volatility (6M) Calculated over the trailing 6-month period	—	0.67%	—
Volatility (1Y) Calculated over the trailing 1-year period	42.90%	0.90%	+42.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	42.90%	1.58%	+41.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	42.90%	1.58%	+41.32%

WAR vs. IBIC - Expense Ratio Comparison

WAR has a 0.60% expense ratio, which is higher than IBIC's 0.10% expense ratio.

Dividends

WAR vs. IBIC - Dividend Comparison

WAR has not paid dividends to shareholders, while IBIC's dividend yield for the trailing twelve months is around 3.59%.

Position	TTM	2025	2024	2023
IBIC iShares iBonds Oct 2026 Term TIPS ETF	3.59%	4.43%	4.65%	0.83%
WAR U.S. Global Technology and Aerospace & Defense ETF	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both WAR and IBIC in my portfolio?

WAR and IBIC have a correlation of -0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, WAR or IBIC?

On fees, IBIC is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, WAR or IBIC?

IBIC is cheaper with a 0.10% expense ratio, compared with 0.60% for WAR.

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

IBIC has the higher dividend yield at 3.59%, compared with 0.00% for WAR.

What is the main difference between WAR and IBIC?

WAR is categorized as Aerospace & Defense, while IBIC is Inflation-Protected Bonds. They also come from different issuers: US Global and iShares. Their fees differ too: 0.60% for WAR and 0.10% for IBIC.