iShares Treasury ETF (IGB.AX) belongs to the Government Bonds category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with IGB.AX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Best Risk-Adjusted Alternatives to IGB.AX
IGB.AX has a PortfoliosLab risk / return rank of 13. There are 2 ETFs in the Government Bonds category with higher risk-adjusted ranks, going as high as 14.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| SPDR ETFs Australia - State Street SPDR S&P/ASX iB... | 14 | — | Jul 2012 | IGB.AX vs GOVT.AX | |
| Russell Investments Australian Semi-Government Bon... | 14 | — | Mar 2012 | IGB.AX vs RSM.AX | |
| BetaShares Australian Government Bond ETF | 11 | — | Jul 2019 | IGB.AX vs AGVT.AX | |
| Vanguard Australian Government Bond Index ETF | 11 | — | Apr 2012 | IGB.AX vs VGB.AX | |
| Russell Investments Australian Government Bond ETF | 10 | — | Mar 2012 | IGB.AX vs RGB.AX |
Top Performing IGB.AX Alternatives (YTD)
IGB.AX is at 1.50% YTD. There is 1 ETF in the Government Bonds category with a higher YTD return, going as high as 1.56%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Russell Investments Australian Government Bond ETF | 1.56% | — | Mar 2012 | IGB.AX vs RGB.AX | |
| BetaShares Australian Government Bond ETF | 1.45% | — | Jul 2019 | IGB.AX vs AGVT.AX | |
| Russell Investments Australian Semi-Government Bon... | 1.44% | — | Mar 2012 | IGB.AX vs RSM.AX | |
| SPDR ETFs Australia - State Street SPDR S&P/ASX iB... | 1.20% | — | Jul 2012 | IGB.AX vs GOVT.AX | |
| Vanguard Australian Government Bond Index ETF | 0.93% | — | Apr 2012 | IGB.AX vs VGB.AX |
Lowest Volatility Alternatives to IGB.AX
IGB.AX has 4.01% 1-year volatility. There is 1 ETF in the Government Bonds category with lower 1-year volatility, going as low as 3.93%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Australian Government Bond Index ETF | 3.93% | — | Apr 2012 | IGB.AX vs VGB.AX | |
| SPDR ETFs Australia - State Street SPDR S&P/ASX iB... | 4.01% | — | Jul 2012 | IGB.AX vs GOVT.AX | |
| Russell Investments Australian Semi-Government Bon... | 4.05% | — | Mar 2012 | IGB.AX vs RSM.AX | |
| BetaShares Australian Government Bond ETF | 4.95% | — | Jul 2019 | IGB.AX vs AGVT.AX | |
| Russell Investments Australian Government Bond ETF | 5.73% | — | Mar 2012 | IGB.AX vs RGB.AX |
Lowest Drawdown Alternatives to IGB.AX
IGB.AX has a 1-year max drawdown of -3.87%. No ETFs in the Government Bonds category have shallower 1-year drawdowns; the lowest-drawdown alternatives shown here go as shallow as -3.96%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SPDR ETFs Australia - State Street SPDR S&P/ASX iB... | -3.96% | — | Jul 2012 | IGB.AX vs GOVT.AX | |
| Russell Investments Australian Semi-Government Bon... | -3.96% | — | Mar 2012 | IGB.AX vs RSM.AX | |
| Vanguard Australian Government Bond Index ETF | -4.83% | — | Apr 2012 | IGB.AX vs VGB.AX | |
| Russell Investments Australian Government Bond ETF | -5.77% | — | Mar 2012 | IGB.AX vs RGB.AX | |
| BetaShares Australian Government Bond ETF | -6.03% | — | Jul 2019 | IGB.AX vs AGVT.AX |
Other ETFs from iShares
The 10 most viewed iShares ETFs shown here include GLDN.AX, IOZ.AX, IVV.AX and span 8 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Ishares Physical Gold ETF | Gold, Precious Metals | 17 | -11.15% | — | Nov 2023 | IGB.AX vs GLDN.AX | |
| Ishares Core S&P/ASX 200 ETF | Australia Equities, Asia Pacific Equities | 19 | 3.07% | — | Dec 2010 | IGB.AX vs IOZ.AX | |
| iShares S&P 500 ETF | S&P 500 | 38 | 5.73% | — | May 2000 | IGB.AX vs IVV.AX | |
| iShares Core FTSE Global Infrastructure (AUD Hedge... | Global Equities | 67 | 12.44% | — | May 2023 | IGB.AX vs GLIN.AX | |
| iShares Core Cash ETF | Money Market | 98 | 2.24% | — | Jun 2017 | IGB.AX vs BILL.AX | |
| iShares Edge MSCI Australia Multifactor ETF | Multi-factor | 12 | -1.94% | — | Oct 2016 | IGB.AX vs AUMF.AX | |
| iShares Edge MSCI Australia Minimum Volatility ETF | Global Equities | 16 | 1.32% | — | Oct 2016 | IGB.AX vs MVOL.AX | |
| iShares MSCI World ex Australia Minimum Volatility... | Global Equities | 27 | 1.58% | — | Oct 2016 | IGB.AX vs WVOL.AX | |
| iShares World Equity Factor ETF | Global Equities | 50 | 5.97% | — | Oct 2016 | IGB.AX vs WDMF.AX | |
| iShares Government Inflation ETF | Global Equities | 19 | 1.76% | — | Mar 2012 | IGB.AX vs ILB.AX |
Compare IGB.AX with Any Fund or Stock
Compare IGB.AX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair IGB.AX with funds that move differently
iShares Treasury ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to IGB.AX.
Explore IGB.AX Diversifiers