GBIL vs. IBTE

Last updated Jun 3, 2026

GBIL (Goldman Sachs Access Treasury 0-1 Year ETF) and IBTE (iShares iBonds Dec 2024 Term Treasury ETF) are both Government Bonds funds - GBIL tracks the FTSE US Treasury 0-1 Year Composite Select Index while IBTE tracks the ICE 2024 Maturity US Treasury Index. Both are passively managed. GBIL charges 0.12%/yr vs 0.07%/yr for IBTE.

Performance

GBIL vs. IBTE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs Access Treasury 0-1 Year ETF (GBIL) and iShares iBonds Dec 2024 Term Treasury ETF (IBTE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

GBIL

• 1D: 0.00%
• 1M: 0.26%
• YTD: 1.40%
• 6M: 1.73%
• 1Y: 3.89%
• 3Y*: 4.63%
• 5Y*: 3.31%
• 10Y*: —

IBTE

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GBIL vs. IBTE - Yearly Performance Comparison

	2026 (YTD)
GBIL Goldman Sachs Access Treasury 0-1 Year ETF	1.05%
IBTE iShares iBonds Dec 2024 Term Treasury ETF	0.00%

Return for Risk

GBIL vs. IBTE — Risk / Return Rank

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

GBIL

GBIL Risk / Return Rank: 100
GBIL Sharpe Ratio Rank: 100
GBIL Sortino Ratio Rank: 100
GBIL Omega Ratio Rank: 100
GBIL Calmar Ratio Rank: 100
GBIL Martin Ratio Rank: 100

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.

GBIL vs. IBTE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Access Treasury 0-1 Year ETF (GBIL) and iShares iBonds Dec 2024 Term Treasury ETF (IBTE). 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.

	GBIL	IBTE	Difference
Sharpe ratio Return per unit of total volatility	16.76	—	—
Sortino ratio Return per unit of downside risk	102.35	—	—
Omega ratio Gain probability vs. loss probability	39.22	—	—
Calmar ratio Return relative to maximum drawdown	195.38	—	—
Martin ratio Return relative to average drawdown	1,603.24	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	GBIL	IBTE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	16.76	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	5.77	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	4.87	—	—

Drawdowns

GBIL vs. IBTE - Drawdown Comparison

The maximum GBIL drawdown since its inception was -0.76%, which is greater than IBTE's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for GBIL and IBTE.

Drawdown Indicators

	GBIL	IBTE	Difference
Max Drawdown Largest peak-to-trough decline	-0.76%	0.00%	-0.76%
Max Drawdown (1Y) Largest decline over 1 year	-0.02%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-0.76%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-0.76%	—	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-0.04%	0.00%	-0.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.00%	—	—

Volatility

Volatility by Period

	GBIL	IBTE	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.04%	—	—
Volatility (6M) Calculated over the trailing 6-month period	0.14%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	0.23%	0.00%	+0.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.58%	0.00%	+0.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.47%	0.00%	+0.47%

GBIL vs. IBTE - Expense Ratio Comparison

GBIL has a 0.12% expense ratio, which is higher than IBTE'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

GBIL vs. IBTE - Dividend Comparison

GBIL's dividend yield for the trailing twelve months is around 3.74%, while IBTE has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
GBIL Goldman Sachs Access Treasury 0-1 Year ETF	3.74%	4.02%	4.93%	4.77%	1.37%	0.00%	0.81%	2.20%	1.70%	0.74%	0.11%
IBTE iShares iBonds Dec 2024 Term Treasury ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, GBIL or IBTE?

On fees, IBTE is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GBIL or IBTE?

IBTE is cheaper with a 0.07% expense ratio, compared with 0.12% for GBIL.

Which ETF pays a higher dividend yield, GBIL or IBTE?

GBIL has the higher dividend yield at 3.74%, compared with 0.00% for IBTE.

What is the main difference between GBIL and IBTE?

GBIL tracks FTSE US Treasury 0-1 Year Composite Select Index, while IBTE tracks ICE 2024 Maturity US Treasury Index. They also come from different issuers: Goldman Sachs and iShares. Their fees differ too: 0.12% for GBIL and 0.07% for IBTE.