IBAT vs. UTHY
IBAT (iShares Energy Storage & Materials ETF) and UTHY (US Treasury 30 Year Bond ETF) are both exchange-traded funds - IBAT is a Alternative Energy Equities fund tracking the STOXX Global Energy Storage and Materials, while UTHY is a Government Bonds fund tracking the ICE BofA Current 30-Year US Treasury Index - Benchmark TR Gross. Both are passively managed. Over the past year, IBAT returned 105.19% vs 3.41% for UTHY. At a 0.15 correlation, their price movements are largely independent. IBAT charges 0.47%/yr vs 0.15%/yr for UTHY.
Performance
IBAT vs. UTHY - Performance Comparison
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Returns By Period
In the year-to-date period, IBAT achieves a 51.63% return, which is significantly higher than UTHY's 0.07% return.
IBAT
- 1D
- 1.07%
- 1M
- -4.06%
- YTD
- 51.63%
- 6M
- 46.54%
- 1Y
- 105.19%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
UTHY
- 1D
- -0.30%
- 1M
- 1.32%
- YTD
- 0.07%
- 6M
- 0.39%
- 1Y
- 3.41%
- 3Y*
- -1.74%
- 5Y*
- —
- 10Y*
- —
IBAT vs. UTHY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
IBAT iShares Energy Storage & Materials ETF | 51.63% | 32.09% | -13.29% |
UTHY US Treasury 30 Year Bond ETF | 0.07% | 3.47% | -2.61% |
Correlation
The correlation between IBAT and UTHY is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Mar 21, 2024 | 0.15 |
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Return for Risk
IBAT vs. UTHY — Risk / Return Rank
IBAT
UTHY
IBAT vs. UTHY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Energy Storage & Materials ETF (IBAT) and US Treasury 30 Year Bond ETF (UTHY). 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.
| IBAT | UTHY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.36 | ||
| Sortino ratioReturn per unit of downside risk | +3.53 | ||
| Omega ratioGain probability vs. loss probability | 1.54 | 1.05 | +0.49 |
| Calmar ratioReturn relative to maximum drawdown | 7.45 | 0.33 | +7.12 |
| Martin ratioReturn relative to average drawdown | 20.84 | 0.81 | +20.03 |
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Drawdowns
IBAT vs. UTHY - Drawdown Comparison
The maximum IBAT drawdown since its inception was -28.26%, which is greater than UTHY's maximum drawdown of -21.86%. Use the drawdown chart below to compare losses from any high point for IBAT and UTHY.
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Drawdown Indicators
| IBAT | UTHY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.26% | -21.86% | -6.40% |
Max Drawdown (1Y)Largest decline over 1 year | -13.71% | -7.34% | -6.37% |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.58% | — |
Current DrawdownCurrent decline from peak | -8.98% | -11.07% | +2.09% |
Average DrawdownAverage peak-to-trough decline | -7.74% | -10.71% | +2.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.90% | 3.00% | +1.90% |
Volatility
IBAT vs. UTHY - Volatility Comparison
iShares Energy Storage & Materials ETF (IBAT) has a higher volatility of 13.41% compared to US Treasury 30 Year Bond ETF (UTHY) at 2.79%. This indicates that IBAT's price experiences larger fluctuations and is considered to be riskier than UTHY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IBAT | UTHY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.41% | 2.79% | +10.62% |
Volatility (6M)Calculated over the trailing 6-month period | 22.68% | 6.36% | +16.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.18% | 9.33% | +18.85% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.58% | 13.62% | +10.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.58% | 13.62% | +10.96% |
IBAT vs. UTHY - Expense Ratio Comparison
IBAT has a 0.47% expense ratio, which is higher than UTHY's 0.15% expense ratio.
Dividends
IBAT vs. UTHY - Dividend Comparison
IBAT's dividend yield for the trailing twelve months is around 0.76%, less than UTHY's 4.62% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
IBAT iShares Energy Storage & Materials ETF | 0.76% | 1.15% | 1.37% | 0.00% |
UTHY US Treasury 30 Year Bond ETF | 4.62% | 4.53% | 4.58% | 2.81% |
Frequently Asked Questions
IBAT and UTHY have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IBAT has higher volatility (13.41%) compared to UTHY (2.79%). In terms of maximum drawdown, IBAT dropped -28.26% vs UTHY's -21.86%.
On 1-year performance, IBAT leads with 105.19% vs 3.41% for UTHY. On fees, UTHY is cheaper at 0.15% per year. On volatility, UTHY has been the lower-risk option at 2.79%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, IBAT has performed better with a 105.19% return vs 3.41%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
UTHY is cheaper with a 0.15% expense ratio, compared with 0.47% for IBAT.
UTHY has the higher dividend yield at 4.62%, compared with 0.76% for IBAT.
IBAT is categorized as Alternative Energy Equities, while UTHY is Government Bonds. IBAT tracks STOXX Global Energy Storage and Materials, while UTHY tracks ICE BofA Current 30-Year US Treasury Index - Benchmark TR Gross. They also come from different issuers: iShares and US Benchmark Series. Their fees differ too: 0.47% for IBAT and 0.15% for UTHY.
IBAT currently has the higher Sharpe Ratio (3.63 vs 0.26), 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.
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