IBGL vs. SGOV
IBGL (iShares iBonds Dec 2055 Term Treasury ETF) and SGOV (iShares 0-3 Month Treasury Bond ETF) are both exchange-traded funds - IBGL is a Government Bonds fund tracking the ICE 2055 Maturity US Treasury Index, while SGOV is a Ultrashort Bond fund tracking the ICE 0-3 Month US Treasury Securities Index. Both are passively managed. Over the past year, IBGL returned -1.93% vs 3.85% for SGOV. Their -0.09 correlation means they have often moved in opposite directions in the past. IBGL charges 0.07%/yr vs 0.09%/yr for SGOV.
Performance
IBGL vs. SGOV - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IBGL achieves a -3.05% return, which is significantly lower than SGOV's 2.13% return.
IBGL
- 1D
- 0.39%
- 1M
- -3.47%
- 6M
- -2.70%
- YTD
- -3.05%
- 1Y
- -1.93%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -1.55%
SGOV
- 1D
- 0.02%
- 1M
- 0.29%
- 6M
- 1.82%
- YTD
- 2.13%
- 1Y
- 3.85%
- 3Y*
- 4.62%
- 5Y*
- 3.66%
- 10Y*
- —
- ALL TIME*
- 2.96%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $19.65K | $17.90K | $15.83K | |
| $1.99B | $1.87B | $2.06B |
IBGL vs. SGOV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
IBGL iShares iBonds Dec 2055 Term Treasury ETF | -3.05% | 0.99% |
SGOV iShares 0-3 Month Treasury Bond ETF | 2.13% | 3.24% |
Correlation
The correlation between IBGL and SGOV is -0.07, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.07 |
Correlation (All Time) Calculated using the full available price history since Mar 26, 2025 | -0.09 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IBGL vs. SGOV — Risk / Return Rank
IBGL
SGOV
IBGL vs. SGOV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares iBonds Dec 2055 Term Treasury ETF (IBGL) and iShares 0-3 Month Treasury Bond ETF (SGOV). 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.
| IBGL | SGOV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -21.00 | ||
| Sortino ratioReturn per unit of downside risk | -380.49 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 380.49 | -379.52 |
| Calmar ratioReturn relative to maximum drawdown | -0.26 | 388.26 | -388.52 |
| Martin ratioReturn relative to average drawdown | -0.57 | 6,151.27 | -6,151.84 |
Loading charts...
Drawdowns
IBGL vs. SGOV - Drawdown Comparison
The maximum IBGL drawdown since its inception was -9.37%, which is greater than SGOV's maximum drawdown of -0.03%. Use the drawdown chart below to compare losses from any high point for IBGL and SGOV.
Loading charts...
Drawdown Indicators
| IBGL | SGOV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -9.37% | -0.03% | -9.34% |
Max Drawdown (1Y)Largest decline over 1 year | -7.44% | -0.01% | -7.43% |
Max Drawdown (3Y)Largest decline over 3 years | — | -0.01% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -0.03% | — |
Current DrawdownCurrent decline from peak | -7.08% | 0.00% | -7.08% |
Average DrawdownAverage peak-to-trough decline | -4.09% | 0.00% | -4.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.41% | 0.00% | +3.41% |
Volatility
IBGL vs. SGOV - Volatility Comparison
iShares iBonds Dec 2055 Term Treasury ETF (IBGL) has a higher volatility of 2.43% compared to iShares 0-3 Month Treasury Bond ETF (SGOV) at 0.04%. This indicates that IBGL's price experiences larger fluctuations and is considered to be riskier than SGOV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IBGL | SGOV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.43% | 0.04% | +2.39% |
Volatility (6M)Calculated over the trailing 6-month period | 6.51% | 0.13% | +6.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.79% | 0.19% | +8.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.35% | 0.24% | +10.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.35% | 0.23% | +10.12% |
IBGL vs. SGOV - Expense Ratio Comparison
IBGL has a 0.07% expense ratio, which is lower than SGOV's 0.09% 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
IBGL vs. SGOV - Dividend Comparison
IBGL's dividend yield for the trailing twelve months is around 4.88%, more than SGOV's 3.75% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
IBGL iShares iBonds Dec 2055 Term Treasury ETF | 4.88% | 3.52% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SGOV iShares 0-3 Month Treasury Bond ETF | 3.75% | 4.10% | 5.10% | 4.87% | 1.45% | 0.03% | 0.05% |
Frequently Asked Questions
IBGL and SGOV have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IBGL has higher volatility (2.43%) compared to SGOV (0.04%). In terms of maximum drawdown, IBGL dropped -9.37% vs SGOV's -0.03%.
On 1-year performance, SGOV leads with 3.85% vs -1.93% for IBGL. On fees, IBGL is cheaper at 0.07% per year. On volatility, SGOV has been the lower-risk option at 0.04%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, SGOV has performed better with a 3.85% return vs -1.93%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IBGL is cheaper with a 0.07% expense ratio, compared with 0.09% for SGOV.
IBGL has the higher dividend yield at 4.88%, compared with 3.75% for SGOV.
IBGL is categorized as Government Bonds, while SGOV is Ultrashort Bond. IBGL tracks ICE 2055 Maturity US Treasury Index, while SGOV tracks ICE 0-3 Month US Treasury Securities Index. Their fees differ too: 0.07% for IBGL and 0.09% for SGOV.
SGOV currently has the higher Sharpe Ratio (20.78 vs -0.22), 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.
Find the right allocation for IBGL and SGOV
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer