IBGK vs. EDV
IBGK (iShares iBonds Dec 2054 Term Treasury ETF) and EDV (Vanguard Extended Duration Treasury ETF) are both exchange-traded funds - IBGK is a Long-Term Bond fund tracking the ICE 2054 Maturity US Treasury Index, while EDV is a Government Bonds fund tracking the Bloomberg U.S. Treasury STRIPS 20-30 Year Equal Par Bond Index. Both are passively managed. Over the past year, IBGK returned -1.96% vs -5.56% for EDV. Their 0.98 correlation means they have historically moved very closely together. IBGK charges 0.07%/yr vs 0.05%/yr for EDV.
Performance
IBGK vs. EDV - Performance Comparison
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Returns By Period
In the year-to-date period, IBGK achieves a -3.18% return, which is significantly higher than EDV's -5.76% return.
IBGK
- 1D
- 0.42%
- 1M
- -3.43%
- 6M
- -2.71%
- YTD
- -3.18%
- 1Y
- -1.96%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -1.45%
EDV
- 1D
- 0.47%
- 1M
- -5.91%
- 6M
- -5.09%
- YTD
- -5.76%
- 1Y
- -5.56%
- 3Y*
- -4.58%
- 5Y*
- -12.82%
- 10Y*
- -4.40%
- ALL TIME*
- 2.37%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $91.73M | $72.86M | $67.75M | |
| $14.80K | $17.29K | $31.57K |
IBGK vs. EDV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
IBGK iShares iBonds Dec 2054 Term Treasury ETF | -3.18% | 3.66% | -3.44% |
EDV Vanguard Extended Duration Treasury ETF | -5.76% | 0.65% | -4.64% |
Correlation
The correlation between IBGK and EDV is 0.99 - they have historically moved very closely together. At this level, their price movements offset little of one another.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.99 |
Correlation (All Time) Calculated using the full available price history since Jun 12, 2024 | 0.98 |
The correlation between IBGK and EDV has been stable across timeframes, ranging from 0.98 to 0.99 - a consistent structural relationship.
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Return for Risk
IBGK vs. EDV — Risk / Return Rank
IBGK
EDV
IBGK vs. EDV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares iBonds Dec 2054 Term Treasury ETF (IBGK) and Vanguard Extended Duration Treasury ETF (EDV). 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.
| IBGK | EDV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.18 | ||
| Sortino ratioReturn per unit of downside risk | +0.22 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 0.95 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | -0.26 | -0.42 | +0.16 |
| Martin ratioReturn relative to average drawdown | -0.57 | -0.87 | +0.30 |
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Drawdowns
IBGK vs. EDV - Drawdown Comparison
The maximum IBGK drawdown since its inception was -14.62%, smaller than the maximum EDV drawdown of -59.96%. Use the drawdown chart below to compare losses from any high point for IBGK and EDV.
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Drawdown Indicators
| IBGK | EDV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.62% | -59.96% | +45.34% |
Max Drawdown (1Y)Largest decline over 1 year | -7.48% | -13.24% | +5.76% |
Max Drawdown (3Y)Largest decline over 3 years | — | -22.74% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -55.03% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -59.96% | — |
Current DrawdownCurrent decline from peak | -11.76% | -56.76% | +45.00% |
Average DrawdownAverage peak-to-trough decline | -8.15% | -23.70% | +15.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.44% | 6.39% | -2.95% |
Volatility
IBGK vs. EDV - Volatility Comparison
The current volatility for iShares iBonds Dec 2054 Term Treasury ETF (IBGK) is 2.45%, while Vanguard Extended Duration Treasury ETF (EDV) has a volatility of 3.91%. This indicates that IBGK experiences smaller price fluctuations and is considered to be less risky than EDV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IBGK | EDV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.45% | 3.91% | -1.46% |
Volatility (6M)Calculated over the trailing 6-month period | 6.58% | 10.21% | -3.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.86% | 14.01% | -5.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.62% | 21.52% | -9.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.62% | 19.74% | -8.12% |
IBGK vs. EDV - Expense Ratio Comparison
IBGK has a 0.07% expense ratio, which is higher than EDV's 0.05% 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%.
Dividends
IBGK vs. EDV - Dividend Comparison
IBGK's dividend yield for the trailing twelve months is around 4.84%, less than EDV's 5.42% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EDV Vanguard Extended Duration Treasury ETF | 5.42% | 4.94% | 4.65% | 3.81% | 3.28% | 1.95% | 5.54% | 3.51% | 2.90% | 2.92% | 5.32% | 4.24% |
IBGK iShares iBonds Dec 2054 Term Treasury ETF | 4.84% | 4.59% | 3.15% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.99, IBGK and EDV move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
EDV has higher volatility (3.91%) compared to IBGK (2.45%). In terms of maximum drawdown, IBGK dropped -14.62% vs EDV's -59.96%.
On 1-year performance, IBGK leads with -1.96% vs -5.56% for EDV. On fees, EDV is cheaper at 0.05% per year. On volatility, IBGK has been the lower-risk option at 2.45%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, IBGK has performed better with a -1.96% return vs -5.56%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
EDV is cheaper with a 0.05% expense ratio, compared with 0.07% for IBGK.
EDV has the higher dividend yield at 5.42%, compared with 4.84% for IBGK.
IBGK is categorized as Long-Term Bond, while EDV is Government Bonds. IBGK tracks ICE 2054 Maturity US Treasury Index, while EDV tracks Bloomberg U.S. Treasury STRIPS 20-30 Year Equal Par Bond Index. They also come from different issuers: iShares and Vanguard. Their fees differ too: 0.07% for IBGK and 0.05% for EDV.
IBGK currently has the higher Sharpe Ratio (-0.22 vs -0.40), 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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