XISE vs. IBID

Last updated Jun 5, 2026

XISE (FT Cboe Vest U.S. Equity Buffer & Premium Income ETF – September) and IBID (iShares iBonds Oct 2027 Term TIPS ETF) are both exchange-traded funds - XISE is a Options Trading fund actively managed by FT Vest, while IBID is a Inflation-Protected Bonds fund tracking the ICE 2027 Maturity US Inflation-Linked Treasury Index. XISE is actively managed, while IBID is passively managed. Over the past year, XISE returned 6.80% vs 4.68% for IBID. At a correlation of -0.01, they often move in opposite directions. XISE charges 0.85%/yr vs 0.10%/yr for IBID.

Performance

XISE vs. IBID - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Cboe Vest U.S. Equity Buffer & Premium Income ETF – September (XISE) 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, XISE achieves a 3.04% return, which is significantly higher than IBID's 2.40% return.

XISE

• 1D: 0.03%
• 1M: 0.72%
• YTD: 3.04%
• 6M: 3.72%
• 1Y: 6.80%
• 3Y*: —
• 5Y*: —
• 10Y*: —

IBID

• 1D: -0.05%
• 1M: 0.42%
• YTD: 2.40%
• 6M: 2.47%
• 1Y: 4.68%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

XISE vs. IBID - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
XISE FT Cboe Vest U.S. Equity Buffer & Premium Income ETF – September	3.04%	6.42%	5.70%	3.09%
IBID iShares iBonds Oct 2027 Term TIPS ETF	2.40%	5.66%	4.71%	2.53%

Correlation

The correlation between XISE 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 Sep 19, 2023	-0.01

The correlation between XISE and IBID shifts across timeframes, from -0.15 (1 year) to -0.01 (all time), reflecting how their relationship changes across market environments.

Return for Risk

XISE vs. IBID — Risk / Return Rank

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

XISE

XISE Risk / Return Rank: 81
XISE Sharpe Ratio Rank: 72
XISE Sortino Ratio Rank: 82
XISE Omega Ratio Rank: 87
XISE Calmar Ratio Rank: 74
XISE Martin Ratio Rank: 90

IBID

IBID Risk / Return Rank: 97
IBID Sharpe Ratio Rank: 95
IBID Sortino Ratio Rank: 97
IBID Omega Ratio Rank: 97
IBID Calmar Ratio Rank: 98
IBID Martin Ratio Rank: 97

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.

XISE vs. IBID - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Cboe Vest U.S. Equity Buffer & Premium Income ETF – September (XISE) 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.

	XISE	IBID	Difference
Sharpe ratio: Return per unit of total volatility	2.31	3.78	-1.47
Sortino ratio: Return per unit of downside risk	3.59	6.52	-2.93
Omega ratio: Gain probability vs. loss probability	1.53	1.90	-0.37
Calmar ratio: Return relative to maximum drawdown	3.64	12.89	-9.25
Martin ratio: Return relative to average drawdown	20.31	39.18	-18.87
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XISE vs. IBID - Sharpe Ratio Comparison

The current XISE Sharpe Ratio is 2.31, which is lower than the IBID Sharpe Ratio of 3.78. The chart below compares the historical Sharpe Ratios of XISE 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.

Sharpe Ratios by Period

	XISE	IBID	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.31	3.78	-1.47
Sharpe Ratio (All Time) Calculated using the full available price history	1.39	2.55	-1.16

Drawdowns

XISE vs. IBID - Drawdown Comparison

The maximum XISE drawdown since its inception was -6.17%, which is greater than IBID's maximum drawdown of -1.28%. Use the drawdown chart below to compare losses from any high point for XISE and IBID.

Drawdown Indicators

	XISE	IBID	Difference
Max Drawdown Largest peak-to-trough decline	-6.17%	-1.28%	-4.89%
Max Drawdown (1Y) Largest decline over 1 year	-1.88%	-0.36%	-1.52%
Current Drawdown Current decline from peak	0.00%	-0.05%	+0.05%
Average Drawdown Average peak-to-trough decline	-0.24%	-0.22%	-0.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.34%	0.12%	+0.22%

Volatility

XISE vs. IBID - Volatility Comparison

FT Cboe Vest U.S. Equity Buffer & Premium Income ETF – September (XISE) has a higher volatility of 0.37% compared to iShares iBonds Oct 2027 Term TIPS ETF (IBID) at 0.33%. This indicates that XISE'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

	XISE	IBID	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.37%	0.33%	+0.04%
Volatility (6M) Calculated over the trailing 6-month period	2.33%	0.80%	+1.53%
Volatility (1Y) Calculated over the trailing 1-year period	2.96%	1.24%	+1.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.92%	2.25%	+2.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.92%	2.25%	+2.67%

XISE vs. IBID - Expense Ratio Comparison

XISE has a 0.85% expense ratio, which is higher than IBID's 0.10% expense ratio.

Dividends

XISE vs. IBID - Dividend Comparison

XISE's dividend yield for the trailing twelve months is around 5.92%, more than IBID's 3.67% yield.

Position	TTM	2025	2024	2023
IBID iShares iBonds Oct 2027 Term TIPS ETF	3.67%	4.43%	4.24%	0.81%
XISE FT Cboe Vest U.S. Equity Buffer & Premium Income ETF – September	5.92%	5.81%	7.04%	1.20%

Frequently Asked Questions

Can I hold both XISE and IBID in my portfolio?

XISE 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.

Which is riskier, XISE or IBID?

XISE has higher volatility (0.37%) compared to IBID (0.33%). In terms of maximum drawdown, XISE dropped -6.17% vs IBID's -1.28%.

Which ETF is better, XISE or IBID?

On 1-year performance, XISE leads with 6.80% vs 4.68% for IBID. On fees, IBID is cheaper at 0.10% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, XISE or IBID?

Over the 1-year period, XISE has performed better with a 6.80% return vs 4.68%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, XISE or IBID?

IBID is cheaper with a 0.10% expense ratio, compared with 0.85% for XISE.

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

XISE has the higher dividend yield at 5.92%, compared with 3.67% for IBID.

What is the main difference between XISE and IBID?

XISE is categorized as Options Trading, while IBID is Inflation-Protected Bonds. They also come from different issuers: FT Vest and iShares. Their fees differ too: 0.85% for XISE and 0.10% for IBID.

Which has better risk-adjusted returns?

IBID currently has the higher Sharpe Ratio (3.78 vs 2.31), 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.