IBGB vs. SLV
IBGB (iShares iBonds Dec 2045 Term Treasury ETF) and SLV (iShares Silver Trust) are both exchange-traded funds - IBGB is a Government Bonds fund tracking the ICE 2045 Maturity US Treasury Index, while SLV is a Silver fund tracking the LBMA Silver Price. Both are passively managed. Over the past year, IBGB returned -0.26% vs 58.45% for SLV. Their 0.08 correlation means their historical movements had little consistent relationship. IBGB charges 0.07%/yr vs 0.50%/yr for SLV.
Performance
IBGB vs. SLV - Performance Comparison
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Returns By Period
In the year-to-date period, IBGB achieves a -1.86% return, which is significantly higher than SLV's -16.42% return.
IBGB
- 1D
- 0.77%
- 1M
- -2.11%
- 6M
- -1.81%
- YTD
- -1.86%
- 1Y
- -0.26%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 0.52%
SLV
- 1D
- 2.63%
- 1M
- -2.14%
- 6M
- -30.04%
- YTD
- -16.42%
- 1Y
- 58.45%
- 3Y*
- 35.46%
- 5Y*
- 18.24%
- 10Y*
- 11.15%
- ALL TIME*
- 7.30%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $32.56K | $33.15K | $77.72K | |
| $721.48M | $758.11M | $1.24B |
IBGB vs. SLV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
IBGB iShares iBonds Dec 2045 Term Treasury ETF | -1.86% | 2.62% |
SLV iShares Silver Trust | -16.42% | 110.66% |
Correlation
The correlation between IBGB and SLV 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 | 0.08 |
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Return for Risk
IBGB vs. SLV — Risk / Return Rank
IBGB
SLV
IBGB vs. SLV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares iBonds Dec 2045 Term Treasury ETF (IBGB) and iShares Silver Trust (SLV). 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 | SLV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.99 | ||
| Sortino ratioReturn per unit of downside risk | -1.38 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.22 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | -0.04 | 1.12 | -1.16 |
| Martin ratioReturn relative to average drawdown | -0.08 | 2.12 | -2.20 |
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Drawdowns
IBGB vs. SLV - Drawdown Comparison
The maximum IBGB drawdown since its inception was -8.09%, smaller than the maximum SLV drawdown of -76.28%. Use the drawdown chart below to compare losses from any high point for IBGB and SLV.
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Drawdown Indicators
| IBGB | SLV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -8.09% | -76.28% | +68.19% |
Max Drawdown (1Y)Largest decline over 1 year | -6.79% | -52.28% | +45.49% |
Max Drawdown (3Y)Largest decline over 3 years | — | -52.28% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -52.28% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -52.28% | — |
Current DrawdownCurrent decline from peak | -5.59% | -49.02% | +43.43% |
Average DrawdownAverage peak-to-trough decline | -3.31% | -44.68% | +41.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.07% | 27.67% | -24.60% |
Volatility
IBGB vs. SLV - Volatility Comparison
The current volatility for iShares iBonds Dec 2045 Term Treasury ETF (IBGB) is 2.36%, while iShares Silver Trust (SLV) has a volatility of 11.01%. This indicates that IBGB experiences smaller price fluctuations and is considered to be less risky than SLV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IBGB | SLV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.36% | 11.01% | -8.65% |
Volatility (6M)Calculated over the trailing 6-month period | 6.21% | 44.25% | -38.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.02% | 61.39% | -53.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.37% | 37.00% | -27.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.37% | 32.22% | -22.85% |
IBGB vs. SLV - Expense Ratio Comparison
IBGB has a 0.07% expense ratio, which is lower than SLV's 0.50% expense ratio.
Dividends
IBGB vs. SLV - Dividend Comparison
IBGB's dividend yield for the trailing twelve months is around 4.74%, while SLV has not paid dividends to shareholders.
| Position | TTM | 2025 |
|---|---|---|
IBGB iShares iBonds Dec 2045 Term Treasury ETF | 4.74% | 3.53% |
SLV iShares Silver Trust | 0.00% | 0.00% |
Frequently Asked Questions
IBGB and SLV 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.
SLV has higher volatility (11.01%) compared to IBGB (2.36%). In terms of maximum drawdown, IBGB dropped -8.09% vs SLV's -76.28%.
On 1-year performance, SLV leads with 58.45% vs -0.26% for IBGB. On fees, IBGB is cheaper at 0.07% per year. On volatility, IBGB has been the lower-risk option at 2.36%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, SLV has performed better with a 58.45% 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 0.50% for SLV.
IBGB has the higher dividend yield at 4.74%, compared with 0.00% for SLV.
IBGB is categorized as Government Bonds, while SLV is Silver. IBGB tracks ICE 2045 Maturity US Treasury Index, while SLV tracks LBMA Silver Price. Their fees differ too: 0.07% for IBGB and 0.50% for SLV.
SLV currently has the higher Sharpe Ratio (0.96 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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