EDGF vs. IBTO

Last updated Apr 16, 2026

EDGF (3EDGE Dynamic Fixed Income ETF) and IBTO (iShares iBonds Dec 2033 Term Treasury ETF) are both Intermediate Core Bond funds. EDGF is actively managed, while IBTO is passively managed. Over the past year, EDGF returned 3.83% vs 5.12% for IBTO. A 0.78 correlation means they provide meaningful diversification when combined. EDGF charges 0.79%/yr vs 0.07%/yr for IBTO.

Performance

EDGF vs. IBTO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in 3EDGE Dynamic Fixed Income ETF (EDGF) and iShares iBonds Dec 2033 Term Treasury ETF (IBTO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EDGF achieves a 0.70% return, which is significantly higher than IBTO's 0.39% return.

EDGF

• 1D: 0.00%
• 1M: 0.38%
• YTD: 0.70%
• 6M: 0.94%
• 1Y: 3.83%
• 3Y*: —
• 5Y*: —
• 10Y*: —

IBTO

• 1D: -0.20%
• 1M: -0.10%
• YTD: 0.39%
• 6M: 0.44%
• 1Y: 5.12%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

EDGF vs. IBTO - Yearly Performance Comparison

	2026 (YTD)	2025	2024
EDGF 3EDGE Dynamic Fixed Income ETF	0.70%	4.36%	-1.41%
IBTO iShares iBonds Dec 2033 Term Treasury ETF	0.39%	8.23%	-4.21%

Correlation

The correlation between EDGF and IBTO is 0.69, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.69
Correlation (All Time) Calculated using the full available price history since Oct 4, 2024	0.78

The correlation between EDGF and IBTO has been stable across timeframes, ranging from 0.69 to 0.78 — a consistent structural relationship.

Return for Risk

EDGF vs. IBTO — Risk / Return Rank

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

EDGF

EDGF Risk / Return Rank: 56
EDGF Sharpe Ratio Rank: 42
EDGF Sortino Ratio Rank: 48
EDGF Omega Ratio Rank: 46
EDGF Calmar Ratio Rank: 79
EDGF Martin Ratio Rank: 64

IBTO

IBTO Risk / Return Rank: 25
IBTO Sharpe Ratio Rank: 23
IBTO Sortino Ratio Rank: 23
IBTO Omega Ratio Rank: 21
IBTO Calmar Ratio Rank: 30
IBTO Martin Ratio Rank: 27

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.

EDGF vs. IBTO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for 3EDGE Dynamic Fixed Income ETF (EDGF) 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.

	EDGF	IBTO	Difference
Sharpe ratio Return per unit of total volatility	1.80	1.08	+0.72
Sortino ratio Return per unit of downside risk	2.73	1.60	+1.14
Omega ratio Gain probability vs. loss probability	1.35	1.19	+0.16
Calmar ratio Return relative to maximum drawdown	4.48	2.09	+2.40
Martin ratio Return relative to average drawdown	13.74	5.87	+7.86
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EDGF vs. IBTO - Sharpe Ratio Comparison

The current EDGF Sharpe Ratio is 1.80, which is higher than the IBTO Sharpe Ratio of 1.08. The chart below compares the historical Sharpe Ratios of EDGF and IBTO, 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

	EDGF	IBTO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.80	1.08	+0.72
Sharpe Ratio (All Time) Calculated using the full available price history	0.97	0.50	+0.47

Drawdowns

EDGF vs. IBTO - Drawdown Comparison

The maximum EDGF drawdown since its inception was -1.62%, smaller than the maximum IBTO drawdown of -8.36%. Use the drawdown chart below to compare losses from any high point for EDGF and IBTO.

Drawdown Indicators

	EDGF	IBTO	Difference
Max Drawdown Largest peak-to-trough decline	-1.62%	-8.36%	+6.74%
Max Drawdown (1Y) Largest decline over 1 year	-0.92%	-3.03%	+2.11%
Current Drawdown Current decline from peak	-0.27%	-1.68%	+1.41%
Average Drawdown Average peak-to-trough decline	-0.48%	-2.37%	+1.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.30%	1.08%	-0.78%

Volatility

EDGF vs. IBTO - Volatility Comparison

The current volatility for 3EDGE Dynamic Fixed Income ETF (EDGF) is 0.40%, while iShares iBonds Dec 2033 Term Treasury ETF (IBTO) has a volatility of 1.71%. This indicates that EDGF experiences smaller price fluctuations and is considered to be less risky than IBTO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EDGF	IBTO	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.40%	1.71%	-1.31%
Volatility (6M) Calculated over the trailing 6-month period	1.45%	2.96%	-1.51%
Volatility (1Y) Calculated over the trailing 1-year period	2.16%	4.79%	-2.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.44%	6.71%	-4.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.44%	6.71%	-4.27%

EDGF vs. IBTO - Expense Ratio Comparison

EDGF has a 0.79% expense ratio, which is higher than IBTO's 0.07% expense ratio.

Dividends

EDGF vs. IBTO - Dividend Comparison

EDGF's dividend yield for the trailing twelve months is around 3.46%, less than IBTO's 4.10% yield.

	TTM	2025	2024	2023
EDGF 3EDGE Dynamic Fixed Income ETF	3.46%	3.61%	0.49%	0.00%
IBTO iShares iBonds Dec 2033 Term Treasury ETF	4.10%	4.05%	4.23%	1.66%