IBDQ vs. VNQ

Last updated Apr 2, 2026

Compare and contrast key facts about iShares iBonds Dec 2025 Term Corporate ETF (IBDQ) and Vanguard Real Estate ETF (VNQ).

IBDQ and VNQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IBDQ is a passively managed fund by iShares that tracks the performance of the Bloomberg December 2025 Maturity Corporate. It was launched on Mar 12, 2015. VNQ is a passively managed fund by Vanguard that tracks the performance of the MSCI US Investable Market Real Estate 25/50 Index. It was launched on Sep 23, 2004. Both IBDQ and VNQ 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

IBDQ vs. VNQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares iBonds Dec 2025 Term Corporate ETF (IBDQ) and Vanguard Real Estate ETF (VNQ). The values are adjusted to include any dividend payments, if applicable.

IBDQ vs. VNQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IBDQ iShares iBonds Dec 2025 Term Corporate ETF	0.00%	4.13%	5.12%	5.23%	-5.91%	-1.49%	8.27%	13.59%	-2.39%	6.28%
VNQ Vanguard Real Estate ETF	1.67%	3.24%	4.81%	11.85%	-26.25%	40.54%	-4.61%	28.91%	-6.03%	4.90%

Returns By Period

IBDQ

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

VNQ

• 1D: 0.36%
• 1M: -6.21%
• YTD: 1.67%
• 6M: -0.84%
• 1Y: 2.18%
• 3Y*: 6.57%
• 5Y*: 2.86%
• 10Y*: 4.69%

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

IBDQ vs. VNQ - Expense Ratio Comparison

IBDQ has a 0.10% expense ratio, which is lower than VNQ's 0.13% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

VNQ

Vanguard Real Estate ETF

IBDQ

iShares iBonds Dec 2025 Term Corporate ETF

Return for Risk

IBDQ vs. VNQ — Risk / Return Rank

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

VNQ

VNQ Risk / Return Rank: 15
VNQ Sharpe Ratio Rank: 14
VNQ Sortino Ratio Rank: 14
VNQ Omega Ratio Rank: 14
VNQ Calmar Ratio Rank: 15
VNQ Martin Ratio Rank: 17

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.

IBDQ vs. VNQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares iBonds Dec 2025 Term Corporate ETF (IBDQ) and Vanguard Real Estate ETF (VNQ). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	IBDQ	VNQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.13	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.15	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.23	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.26	—

Correlation

The correlation between IBDQ and VNQ is 0.19, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

IBDQ vs. VNQ - Dividend Comparison

IBDQ's dividend yield for the trailing twelve months is around 2.77%, less than VNQ's 3.92% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IBDQ iShares iBonds Dec 2025 Term Corporate ETF	2.77%	3.77%	3.81%	3.27%	2.23%	2.07%	2.51%	3.21%	3.52%	3.28%	3.39%	2.64%
VNQ Vanguard Real Estate ETF	3.92%	3.92%	3.85%	3.95%	3.91%	2.56%	3.93%	3.39%	4.74%	4.23%	4.82%	3.92%

Drawdowns

Drawdown Indicators

	IBDQ	VNQ	Difference
Max Drawdown Largest peak-to-trough decline	—	-73.07%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-12.44%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-34.48%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-42.40%	—
Current Drawdown Current decline from peak	—	-9.24%	—
Average Drawdown Average peak-to-trough decline	—	-13.71%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.21%	—

Volatility

Volatility by Period

	IBDQ	VNQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.57%	—
Volatility (6M) Calculated over the trailing 6-month period	—	9.28%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	16.31%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	18.80%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	20.70%	—