DDV vs. IBTO
DDV (Defined Duration 5 ETF) and IBTO (iShares iBonds Dec 2033 Term Treasury ETF) are both Intermediate Core Bond funds. DDV is actively managed, while IBTO is passively managed. A 0.66 correlation means they provide meaningful diversification when combined. DDV charges 0.25%/yr vs 0.07%/yr for IBTO.
Performance
DDV vs. IBTO - Performance Comparison
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Returns By Period
In the year-to-date period, DDV achieves a 2.35% return, which is significantly higher than IBTO's -0.35% return.
DDV
- 1D
- -0.08%
- 1M
- 0.42%
- YTD
- 2.35%
- 6M
- 2.50%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IBTO
- 1D
- 0.29%
- 1M
- 0.66%
- YTD
- -0.35%
- 6M
- -0.43%
- 1Y
- 3.55%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
DDV vs. IBTO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
DDV Defined Duration 5 ETF | 2.35% | 0.47% |
IBTO iShares iBonds Dec 2033 Term Treasury ETF | -0.35% | -0.05% |
Correlation
The correlation between DDV and IBTO is 0.66, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 13, 2025 | 0.66 |
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Return for Risk
DDV vs. IBTO — Risk / Return Rank
DDV
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
IBTO
DDV vs. IBTO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Defined Duration 5 ETF (DDV) and iShares iBonds Dec 2033 Term Treasury ETF (IBTO). 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.
| DDV | IBTO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.14 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.00 | — |
| Martin ratioReturn relative to average drawdown | — | 2.66 | — |
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Drawdowns
DDV vs. IBTO - Drawdown Comparison
The maximum DDV drawdown since its inception was -1.92%, smaller than the maximum IBTO drawdown of -8.36%. Use the drawdown chart below to compare losses from any high point for DDV and IBTO.
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Drawdown Indicators
| DDV | IBTO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -1.92% | -8.36% | +6.44% |
Max Drawdown (1Y)Largest decline over 1 year | — | -3.66% | — |
Current DrawdownCurrent decline from peak | -0.10% | -2.41% | +2.31% |
Average DrawdownAverage peak-to-trough decline | -0.35% | -2.37% | +2.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.37% | — |
Volatility
DDV vs. IBTO - Volatility Comparison
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Volatility by Period
| DDV | IBTO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 1.32% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 3.14% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 2.67% | 4.38% | -1.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.67% | 6.59% | -3.92% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.67% | 6.59% | -3.92% |
DDV vs. IBTO - Expense Ratio Comparison
DDV has a 0.25% expense ratio, which is higher than IBTO's 0.07% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
DDV vs. IBTO - Dividend Comparison
DDV's dividend yield for the trailing twelve months is around 1.21%, less than IBTO's 4.14% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
DDV Defined Duration 5 ETF | 1.21% | 0.42% | 0.00% | 0.00% |
IBTO iShares iBonds Dec 2033 Term Treasury ETF | 4.14% | 4.05% | 4.23% | 1.66% |
Frequently Asked Questions
DDV and IBTO have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IBTO is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IBTO is cheaper with a 0.07% expense ratio, compared with 0.25% for DDV.
IBTO has the higher dividend yield at 4.14%, compared with 1.21% for DDV.
They also come from different issuers: Discipline Funds and iShares. Their fees differ too: 0.25% for DDV and 0.07% for IBTO.
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