IBGC vs. TLTX

Last updated Jun 27, 2026

IBGC (iShares iBonds Dec 2046 Term Treasury ETF) and TLTX (Global X Treasury Bond Enhanced Income ETF) are both Government Bonds funds. IBGC is passively managed, while TLTX is actively managed. A 0.67 correlation means they provide meaningful diversification when combined. IBGC charges 0.07%/yr vs 0.29%/yr for TLTX.

Performance

IBGC vs. TLTX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares iBonds Dec 2046 Term Treasury ETF (IBGC) and Global X Treasury Bond Enhanced Income ETF (TLTX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

IBGC

• 1D: 0.10%
• 1M: 2.56%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TLTX

• 1D: -0.02%
• 1M: 2.39%
• YTD: 1.98%
• 6M: 1.69%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

IBGC vs. TLTX - Yearly Performance Comparison

	2026 (YTD)
IBGC iShares iBonds Dec 2046 Term Treasury ETF	2.82%
TLTX Global X Treasury Bond Enhanced Income ETF	1.88%

Correlation

The correlation between IBGC and TLTX is 0.67, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 26, 2026	0.67

Return for Risk

IBGC vs. TLTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares iBonds Dec 2046 Term Treasury ETF (IBGC) and Global X Treasury Bond Enhanced Income ETF (TLTX). 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.

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

Drawdowns

IBGC vs. TLTX - Drawdown Comparison

The maximum IBGC drawdown since its inception was -4.29%, smaller than the maximum TLTX drawdown of -6.35%. Use the drawdown chart below to compare losses from any high point for IBGC and TLTX.

Drawdown Indicators

	IBGC	TLTX	Difference
Max Drawdown Largest peak-to-trough decline	-4.29%	-6.35%	+2.06%
Current Drawdown Current decline from peak	0.00%	-1.80%	+1.80%
Average Drawdown Average peak-to-trough decline	-1.14%	-2.28%	+1.14%

Volatility

Volatility by Period

	IBGC	TLTX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	8.43%	9.24%	-0.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.43%	9.24%	-0.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.43%	9.24%	-0.81%

IBGC vs. TLTX - Expense Ratio Comparison

IBGC has a 0.07% expense ratio, which is lower than TLTX's 0.29% expense ratio.

Dividends

IBGC vs. TLTX - Dividend Comparison

IBGC's dividend yield for the trailing twelve months is around 0.79%, less than TLTX's 17.11% yield.

Position	TTM	2025
IBGC iShares iBonds Dec 2046 Term Treasury ETF	0.79%	0.00%
TLTX Global X Treasury Bond Enhanced Income ETF	17.11%	7.54%

Frequently Asked Questions

Can I hold both IBGC and TLTX in my portfolio?

IBGC and TLTX have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, IBGC or TLTX?

On fees, IBGC is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IBGC or TLTX?

IBGC is cheaper with a 0.07% expense ratio, compared with 0.29% for TLTX.

Which ETF pays a higher dividend yield, IBGC or TLTX?

TLTX has the higher dividend yield at 17.11%, compared with 0.79% for IBGC.

What is the main difference between IBGC and TLTX?

They also come from different issuers: iShares and Global X. Their fees differ too: 0.07% for IBGC and 0.29% for TLTX.