IBAT vs. SGOV
Compare and contrast key facts about iShares Energy Storage & Materials ETF (IBAT) and iShares 0-3 Month Treasury Bond ETF (SGOV).
IBAT and SGOV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IBAT is a passively managed fund by iShares that tracks the performance of the STOXX Global Energy Storage and Materials. It was launched on Mar 19, 2024. SGOV is a passively managed fund by iShares that tracks the performance of the ICE 0-3 Month US Treasury Securities Index. It was launched on May 26, 2020. Both IBAT and SGOV are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
IBAT vs. SGOV - Performance Comparison
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IBAT vs. SGOV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
IBAT iShares Energy Storage & Materials ETF | 18.93% | 32.09% | -13.19% |
SGOV iShares 0-3 Month Treasury Bond ETF | 0.86% | 4.24% | 4.03% |
Returns By Period
In the year-to-date period, IBAT achieves a 18.93% return, which is significantly higher than SGOV's 0.86% return.
IBAT
- 1D
- 3.41%
- 1M
- -5.33%
- YTD
- 18.93%
- 6M
- 21.28%
- 1Y
- 63.22%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SGOV
- 1D
- 0.00%
- 1M
- 0.29%
- YTD
- 0.86%
- 6M
- 1.88%
- 1Y
- 4.07%
- 3Y*
- 4.79%
- 5Y*
- 3.40%
- 10Y*
- —
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IBAT vs. SGOV - Expense Ratio Comparison
IBAT has a 0.47% expense ratio, which is higher than SGOV's 0.09% expense ratio.
Return for Risk
IBAT vs. SGOV — Risk / Return Rank
IBAT
SGOV
IBAT vs. SGOV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Energy Storage & Materials ETF (IBAT) 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.
| IBAT | SGOV | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.47 | 20.61 | -18.14 |
Sortino ratioReturn per unit of downside risk | 3.04 | 284.11 | -281.07 |
Omega ratioGain probability vs. loss probability | 1.41 | 201.50 | -200.09 |
Calmar ratioReturn relative to maximum drawdown | 4.62 | 408.95 | -404.32 |
Martin ratioReturn relative to average drawdown | 12.36 | 4,591.55 | -4,579.18 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| IBAT | SGOV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.47 | 20.61 | -18.14 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 14.11 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.73 | 12.33 | -11.60 |
Correlation
The correlation between IBAT and SGOV is -0.06. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Dividends
IBAT vs. SGOV - Dividend Comparison
IBAT's dividend yield for the trailing twelve months is around 0.97%, less than SGOV's 3.99% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
IBAT iShares Energy Storage & Materials ETF | 0.97% | 1.15% | 1.37% | 0.00% | 0.00% | 0.00% | 0.00% |
SGOV iShares 0-3 Month Treasury Bond ETF | 3.99% | 4.10% | 5.10% | 4.87% | 1.45% | 0.03% | 0.05% |
Drawdowns
IBAT vs. SGOV - Drawdown Comparison
The maximum IBAT drawdown since its inception was -28.26%, which is greater than SGOV's maximum drawdown of -0.03%. Use the drawdown chart below to compare losses from any high point for IBAT and SGOV.
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Drawdown Indicators
| IBAT | SGOV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.26% | -0.03% | -28.23% |
Max Drawdown (1Y)Largest decline over 1 year | -13.12% | -0.01% | -13.11% |
Max Drawdown (5Y)Largest decline over 5 years | — | -0.03% | — |
Current DrawdownCurrent decline from peak | -7.49% | 0.00% | -7.49% |
Average DrawdownAverage peak-to-trough decline | -8.28% | 0.00% | -8.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.90% | 0.00% | +4.90% |
Volatility
IBAT vs. SGOV - Volatility Comparison
iShares Energy Storage & Materials ETF (IBAT) has a higher volatility of 10.76% compared to iShares 0-3 Month Treasury Bond ETF (SGOV) at 0.06%. This indicates that IBAT'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.
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Volatility by Period
| IBAT | SGOV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.76% | 0.06% | +10.70% |
Volatility (6M)Calculated over the trailing 6-month period | 20.10% | 0.13% | +19.97% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.78% | 0.20% | +25.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.85% | 0.24% | +22.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.85% | 0.24% | +22.61% |