FIBR vs. SGOV
FIBR (iShares U.S. Fixed Income Balanced Risk Systematic ETF) and SGOV (iShares 0-3 Month Treasury Bond ETF) are both exchange-traded funds - FIBR is a Intermediate Core-Plus Bond fund tracking the Bloomberg U.S. Fixed Income Balanced Risk Index, while SGOV is a Ultrashort Bond fund tracking the ICE 0-3 Month US Treasury Securities Index. Both are passively managed. Over the past 5 years, FIBR returned 1.54%/yr vs 3.54%/yr for SGOV. At a 0.04 correlation, their price movements are largely independent. FIBR charges 0.25%/yr vs 0.09%/yr for SGOV.
Performance
FIBR vs. SGOV - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FIBR achieves a 0.06% return, which is significantly lower than SGOV's 1.51% return.
FIBR
- 1D
- -0.27%
- 1M
- 0.22%
- YTD
- 0.06%
- 6M
- -0.05%
- 1Y
- 5.34%
- 3Y*
- 6.70%
- 5Y*
- 1.54%
- 10Y*
- 2.28%
SGOV
- 1D
- 0.01%
- 1M
- 0.29%
- YTD
- 1.51%
- 6M
- 1.80%
- 1Y
- 3.95%
- 3Y*
- 4.72%
- 5Y*
- 3.54%
- 10Y*
- —
FIBR vs. SGOV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
FIBR iShares U.S. Fixed Income Balanced Risk Systematic ETF | 0.06% | 8.32% | 6.04% | 8.22% | -13.57% | -1.00% | 2.95% |
SGOV iShares 0-3 Month Treasury Bond ETF | 1.51% | 4.24% | 5.27% | 5.12% | 1.58% | 0.04% | 0.05% |
Correlation
The correlation between FIBR and SGOV is -0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.07 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.01 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.03 |
Correlation (All Time) Calculated using the full available price history since May 29, 2020 | 0.04 |
The correlation between FIBR and SGOV shifts across timeframes, from -0.07 (1 year) to 0.04 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
FIBR vs. SGOV — Risk / Return Rank
FIBR
SGOV
FIBR vs. SGOV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Fixed Income Balanced Risk Systematic ETF (FIBR) and iShares 0-3 Month Treasury Bond ETF (SGOV). 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.
| FIBR | SGOV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -18.87 | ||
| Sortino ratioReturn per unit of downside risk | -273.67 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 195.55 | -194.30 |
| Calmar ratioReturn relative to maximum drawdown | 1.79 | 398.20 | -396.40 |
| Martin ratioReturn relative to average drawdown | 5.50 | 4,462.00 | -4,456.50 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| FIBR | SGOV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.41 | 20.28 | -18.87 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.27 | 14.73 | -14.46 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.46 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.50 | 12.48 | -11.98 |
Drawdowns
FIBR vs. SGOV - Drawdown Comparison
The maximum FIBR drawdown since its inception was -18.47%, which is greater than SGOV's maximum drawdown of -0.03%. Use the drawdown chart below to compare losses from any high point for FIBR and SGOV.
Loading charts...
Drawdown Indicators
| FIBR | SGOV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.47% | -0.03% | -18.44% |
Max Drawdown (1Y)Largest decline over 1 year | -2.99% | -0.01% | -2.98% |
Max Drawdown (3Y)Largest decline over 3 years | -3.08% | -0.01% | -3.07% |
Max Drawdown (5Y)Largest decline over 5 years | -18.47% | -0.03% | -18.44% |
Max Drawdown (10Y)Largest decline over 10 years | -18.47% | — | — |
Current DrawdownCurrent decline from peak | -1.79% | 0.00% | -1.79% |
Average DrawdownAverage peak-to-trough decline | -3.27% | -0.00% | -3.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.97% | 0.00% | +0.97% |
Volatility
FIBR vs. SGOV - Volatility Comparison
iShares U.S. Fixed Income Balanced Risk Systematic ETF (FIBR) has a higher volatility of 1.40% compared to iShares 0-3 Month Treasury Bond ETF (SGOV) at 0.05%. This indicates that FIBR's price experiences larger fluctuations and is considered to be riskier than SGOV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FIBR | SGOV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.40% | 0.05% | +1.35% |
Volatility (6M)Calculated over the trailing 6-month period | 3.10% | 0.13% | +2.97% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.80% | 0.20% | +3.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.63% | 0.24% | +5.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.95% | 0.24% | +4.71% |
FIBR vs. SGOV - Expense Ratio Comparison
FIBR has a 0.25% expense ratio, which is higher than SGOV's 0.09% 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
FIBR vs. SGOV - Dividend Comparison
FIBR's dividend yield for the trailing twelve months is around 4.62%, more than SGOV's 3.86% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIBR iShares U.S. Fixed Income Balanced Risk Systematic ETF | 4.62% | 4.78% | 5.04% | 4.44% | 3.27% | 1.92% | 2.57% | 3.27% | 3.61% | 2.74% | 2.92% | 2.26% |
SGOV iShares 0-3 Month Treasury Bond ETF | 3.86% | 4.10% | 5.10% | 4.87% | 1.45% | 0.03% | 0.05% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
FIBR and SGOV have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FIBR has higher volatility (1.40%) compared to SGOV (0.05%). In terms of maximum drawdown, FIBR dropped -18.47% vs SGOV's -0.03%.
On 5-year performance, SGOV leads with 3.54% vs 1.54% for FIBR. On fees, SGOV is cheaper at 0.09% per year. On volatility, SGOV has been the lower-risk option at 0.05%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, SGOV has performed better with a 3.54% return vs 1.54%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SGOV is cheaper with a 0.09% expense ratio, compared with 0.25% for FIBR.
FIBR has the higher dividend yield at 4.62%, compared with 3.86% for SGOV.
FIBR is categorized as Intermediate Core-Plus Bond, while SGOV is Ultrashort Bond. FIBR tracks Bloomberg U.S. Fixed Income Balanced Risk Index, while SGOV tracks ICE 0-3 Month US Treasury Securities Index. Their fees differ too: 0.25% for FIBR and 0.09% for SGOV.
SGOV currently has the higher Sharpe Ratio (20.28 vs 1.41), 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.
Find the right allocation for FIBR and SGOV
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer