IBDV vs. IBTK
Compare and contrast key facts about iShares iBonds Dec 2030 Term Corporate ETF (IBDV) and iShares iBonds Dec 2030 Term Treasury ETF (IBTK).
IBDV and IBTK are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IBDV is a passively managed fund by iShares that tracks the performance of the Bloomberg December 2030 Maturity Corporate Index. It was launched on Jun 23, 2020. IBTK is a passively managed fund by iShares that tracks the performance of the ICE 2030 Maturity US Treasury Index. It was launched on Jul 14, 2020. Both IBDV and IBTK are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IBDV or IBTK.
Key characteristics
| IBDV | IBTK | |
|---|---|---|
| YTD Return | 2.99% | 0.85% |
| 1Y Return | 9.05% | 5.56% |
| 3Y Return (Ann) | -1.34% | -3.52% |
| Sharpe Ratio | 1.72 | 0.89 |
| Sortino Ratio | 2.55 | 1.31 |
| Omega Ratio | 1.31 | 1.16 |
| Calmar Ratio | 0.59 | 0.24 |
| Martin Ratio | 7.05 | 2.66 |
| Ulcer Index | 1.25% | 1.86% |
| Daily Std Dev | 5.11% | 5.56% |
| Max Drawdown | -21.84% | -22.85% |
| Current Drawdown | -7.14% | -16.08% |
Correlation
The correlation between IBDV and IBTK is 0.77, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
IBDV vs. IBTK - Performance Comparison
In the year-to-date period, IBDV achieves a 2.99% return, which is significantly higher than IBTK's 0.85% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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IBDV vs. IBTK - Expense Ratio Comparison
IBDV has a 0.10% expense ratio, which is higher than IBTK'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%.
Risk-Adjusted Performance
IBDV vs. IBTK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares iBonds Dec 2030 Term Corporate ETF (IBDV) and iShares iBonds Dec 2030 Term Treasury ETF (IBTK). 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.
Dividends
IBDV vs. IBTK - Dividend Comparison
IBDV's dividend yield for the trailing twelve months is around 4.65%, more than IBTK's 3.90% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
IBDV iShares iBonds Dec 2030 Term Corporate ETF | 4.65% | 4.10% | 3.03% | 2.00% | 0.90% |
IBTK iShares iBonds Dec 2030 Term Treasury ETF | 3.90% | 3.06% | 2.26% | 0.84% | 0.26% |
Drawdowns
IBDV vs. IBTK - Drawdown Comparison
The maximum IBDV drawdown since its inception was -21.84%, roughly equal to the maximum IBTK drawdown of -22.85%. Use the drawdown chart below to compare losses from any high point for IBDV and IBTK. For additional features, visit the drawdowns tool.
Volatility
IBDV vs. IBTK - Volatility Comparison
iShares iBonds Dec 2030 Term Corporate ETF (IBDV) and iShares iBonds Dec 2030 Term Treasury ETF (IBTK) have volatilities of 1.30% and 1.30%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.