IBDS vs. IBDP

Last updated Apr 1, 2026

Compare and contrast key facts about iShares iBonds Dec 2027 Term Corporate ETF (IBDS) and iShares iBonds Dec 2024 Term Corporate ETF (IBDP).

IBDS and IBDP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IBDS is a passively managed fund by iShares that tracks the performance of the Bloomberg Barclays December 2027 Maturity Corporate Index. It was launched on Sep 14, 2017. IBDP is a passively managed fund by iShares that tracks the performance of the Bloomberg December 2024 Maturity Corporate Index. It was launched on Mar 11, 2015. Both IBDS and IBDP 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

IBDS vs. IBDP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares iBonds Dec 2027 Term Corporate ETF (IBDS) and iShares iBonds Dec 2024 Term Corporate ETF (IBDP). The values are adjusted to include any dividend payments, if applicable.

IBDS vs. IBDP - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IBDS iShares iBonds Dec 2027 Term Corporate ETF	0.53%	5.86%	4.61%	6.44%	-9.52%	-1.56%	8.95%	15.08%	-2.76%	1.14%
IBDP iShares iBonds Dec 2024 Term Corporate ETF	0.00%	0.00%	5.02%	5.16%	-3.89%	-0.64%	6.14%	11.00%	-1.37%	0.22%

Returns By Period

IBDS

• 1D: 0.17%
• 1M: -0.10%
• YTD: 0.53%
• 6M: 1.76%
• 1Y: 4.69%
• 3Y*: 4.94%
• 5Y*: 1.60%
• 10Y*: —

IBDP

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

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

IBDS vs. IBDP - Expense Ratio Comparison

Both IBDS and IBDP have an expense ratio of 0.10%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

IBDS

iShares iBonds Dec 2027 Term Corporate ETF

IBDP

iShares iBonds Dec 2024 Term Corporate ETF

Return for Risk

IBDS vs. IBDP — Risk / Return Rank

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

IBDS

IBDS Risk / Return Rank: 98
IBDS Sharpe Ratio Rank: 98
IBDS Sortino Ratio Rank: 98
IBDS Omega Ratio Rank: 98
IBDS Calmar Ratio Rank: 97
IBDS Martin Ratio Rank: 98

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.

IBDS vs. IBDP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares iBonds Dec 2027 Term Corporate ETF (IBDS) and iShares iBonds Dec 2024 Term Corporate ETF (IBDP). 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.

	IBDS	IBDP	Difference
Sharpe ratio Return per unit of total volatility	3.06	—	—
Sortino ratio Return per unit of downside risk	4.76	—	—
Omega ratio Gain probability vs. loss probability	1.78	—	—
Calmar ratio Return relative to maximum drawdown	5.20	—	—
Martin ratio Return relative to average drawdown	29.11	—	—
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

	IBDS	IBDP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.06	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.38	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.56	—	—

Correlation

The correlation between IBDS and IBDP is 0.58, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

IBDS vs. IBDP - Dividend Comparison

IBDS's dividend yield for the trailing twelve months is around 4.33%, while IBDP has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IBDS iShares iBonds Dec 2027 Term Corporate ETF	4.33%	4.36%	4.37%	3.81%	2.87%	2.19%	2.66%	3.32%	3.66%	0.97%	0.00%	0.00%
IBDP iShares iBonds Dec 2024 Term Corporate ETF	0.00%	0.00%	3.93%	3.01%	2.06%	1.86%	2.51%	3.15%	3.35%	3.15%	3.23%	3.74%

Drawdowns

Drawdown Indicators

	IBDS	IBDP	Difference
Max Drawdown Largest peak-to-trough decline	-16.75%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-0.91%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-14.98%	—	—
Current Drawdown Current decline from peak	-0.10%	—	—
Average Drawdown Average peak-to-trough decline	-3.43%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	0.16%	—	—

Volatility

Volatility by Period

	IBDS	IBDP	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.42%	—	—
Volatility (6M) Calculated over the trailing 6-month period	0.71%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	1.54%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.21%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.60%	—	—