IBGB vs. GBIL
IBGB (iShares iBonds Dec 2045 Term Treasury ETF) and GBIL (Goldman Sachs Access Treasury 0-1 Year ETF) are both Government Bonds funds - IBGB tracks the ICE 2045 Maturity US Treasury Index while GBIL tracks the FTSE US Treasury 0-1 Year Composite Select Index. Both are passively managed. Over the past year, IBGB returned -0.26% vs 3.76% for GBIL. Their 0.14 correlation means their historical movements had little consistent relationship. IBGB charges 0.07%/yr vs 0.12%/yr for GBIL.
Performance
IBGB vs. GBIL - Performance Comparison
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Returns By Period
In the year-to-date period, IBGB achieves a -1.86% return, which is significantly lower than GBIL's 2.03% return.
IBGB
- 1D
- 0.77%
- 1M
- -2.11%
- 6M
- -1.81%
- YTD
- -1.86%
- 1Y
- -0.26%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 0.52%
GBIL
- 1D
- 0.03%
- 1M
- 0.31%
- 6M
- 1.74%
- YTD
- 2.03%
- 1Y
- 3.76%
- 3Y*
- 4.55%
- 5Y*
- 3.44%
- 10Y*
- —
- ALL TIME*
- 2.30%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $54.21M | $51.93M | $68.82M | |
| $32.56K | $33.15K | $77.72K |
IBGB vs. GBIL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
IBGB iShares iBonds Dec 2045 Term Treasury ETF | -1.86% | 2.62% |
GBIL Goldman Sachs Access Treasury 0-1 Year ETF | 2.03% | 3.23% |
Correlation
The correlation between IBGB and GBIL is 0.14, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.14 |
Correlation (All Time) Calculated using the full available price history since Mar 26, 2025 | 0.14 |
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Return for Risk
IBGB vs. GBIL — Risk / Return Rank
IBGB
GBIL
IBGB vs. GBIL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares iBonds Dec 2045 Term Treasury ETF (IBGB) and Goldman Sachs Access Treasury 0-1 Year ETF (GBIL). 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.
| IBGB | GBIL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -18.19 | ||
| Sortino ratioReturn per unit of downside risk | -151.14 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 93.38 | -92.37 |
| Calmar ratioReturn relative to maximum drawdown | -0.04 | 188.95 | -188.98 |
| Martin ratioReturn relative to average drawdown | -0.08 | 2,263.03 | -2,263.11 |
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Drawdowns
IBGB vs. GBIL - Drawdown Comparison
The maximum IBGB drawdown since its inception was -8.09%, which is greater than GBIL's maximum drawdown of -0.76%. Use the drawdown chart below to compare losses from any high point for IBGB and GBIL.
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Drawdown Indicators
| IBGB | GBIL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -8.09% | -0.76% | -7.33% |
Max Drawdown (1Y)Largest decline over 1 year | -6.79% | -0.02% | -6.77% |
Max Drawdown (3Y)Largest decline over 3 years | — | -0.76% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -0.76% | — |
Current DrawdownCurrent decline from peak | -5.59% | 0.00% | -5.59% |
Average DrawdownAverage peak-to-trough decline | -3.31% | -0.04% | -3.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.07% | 0.00% | +3.07% |
Volatility
IBGB vs. GBIL - Volatility Comparison
iShares iBonds Dec 2045 Term Treasury ETF (IBGB) has a higher volatility of 2.36% compared to Goldman Sachs Access Treasury 0-1 Year ETF (GBIL) at 0.06%. This indicates that IBGB's price experiences larger fluctuations and is considered to be riskier than GBIL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IBGB | GBIL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.36% | 0.06% | +2.30% |
Volatility (6M)Calculated over the trailing 6-month period | 6.21% | 0.14% | +6.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.02% | 0.21% | +7.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.37% | 0.58% | +8.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.37% | 0.47% | +8.90% |
IBGB vs. GBIL - Expense Ratio Comparison
IBGB has a 0.07% expense ratio, which is lower than GBIL's 0.12% 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%.
Dividends
IBGB vs. GBIL - Dividend Comparison
IBGB's dividend yield for the trailing twelve months is around 4.74%, more than GBIL's 3.67% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
GBIL Goldman Sachs Access Treasury 0-1 Year ETF | 3.67% | 4.02% | 4.93% | 4.77% | 1.37% | 0.00% | 0.81% | 2.20% | 1.70% | 0.74% | 0.11% |
IBGB iShares iBonds Dec 2045 Term Treasury ETF | 4.74% | 3.53% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
IBGB and GBIL have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IBGB has higher volatility (2.36%) compared to GBIL (0.06%). In terms of maximum drawdown, IBGB dropped -8.09% vs GBIL's -0.76%.
On 1-year performance, GBIL leads with 3.76% vs -0.26% for IBGB. On fees, IBGB is cheaper at 0.07% per year. On volatility, GBIL has been the lower-risk option at 0.06%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, GBIL has performed better with a 3.76% return vs -0.26%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IBGB is cheaper with a 0.07% expense ratio, compared with 0.12% for GBIL.
IBGB has the higher dividend yield at 4.74%, compared with 3.67% for GBIL.
IBGB tracks ICE 2045 Maturity US Treasury Index, while GBIL tracks FTSE US Treasury 0-1 Year Composite Select Index. They also come from different issuers: iShares and Goldman Sachs. Their fees differ too: 0.07% for IBGB and 0.12% for GBIL.
GBIL currently has the higher Sharpe Ratio (18.16 vs -0.03), 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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