IBGM vs. TLTX
IBGM (iShares iBonds Dec 2056 Term Treasury ETF) and TLTX (Global X Treasury Bond Enhanced Income ETF) are both Government Bonds funds. IBGM is passively managed, while TLTX is actively managed. A 0.67 correlation means they provide meaningful diversification when combined. IBGM charges 0.07%/yr vs 0.29%/yr for TLTX.
Performance
IBGM vs. TLTX - Performance Comparison
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Returns By Period
IBGM
- 1D
- -0.67%
- 1M
- -2.81%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
TLTX
- 1D
- 0.17%
- 1M
- -2.71%
- 6M
- -1.58%
- YTD
- -0.84%
- 1Y
- 4.00%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 5.07%
IBGM vs. TLTX - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
IBGM iShares iBonds Dec 2056 Term Treasury ETF | -1.12% |
TLTX Global X Treasury Bond Enhanced Income ETF | -0.93% |
Correlation
The correlation between IBGM 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 |
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Return for Risk
IBGM vs. TLTX — Risk / Return Rank
IBGM
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
TLTX
IBGM vs. TLTX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares iBonds Dec 2056 Term Treasury ETF (IBGM) 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.
| IBGM | TLTX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.08 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 0.63 | — |
| Martin ratioReturn relative to average drawdown | — | 1.40 | — |
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Drawdowns
IBGM vs. TLTX - Drawdown Comparison
The maximum IBGM drawdown since its inception was -4.36%, smaller than the maximum TLTX drawdown of -6.35%. Use the drawdown chart below to compare losses from any high point for IBGM and TLTX.
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Drawdown Indicators
| IBGM | TLTX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -4.36% | -6.35% | +1.99% |
Max Drawdown (1Y)Largest decline over 1 year | — | -6.35% | — |
Current DrawdownCurrent decline from peak | -3.66% | -4.51% | +0.85% |
Average DrawdownAverage peak-to-trough decline | -1.40% | -2.39% | +0.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.86% | — |
Volatility
IBGM vs. TLTX - Volatility Comparison
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Volatility by Period
| IBGM | TLTX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 2.96% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 6.92% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 8.38% | 9.25% | -0.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.38% | 9.22% | -0.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.38% | 9.22% | -0.84% |
IBGM vs. TLTX - Expense Ratio Comparison
IBGM has a 0.07% expense ratio, which is lower than TLTX's 0.29% expense ratio.
Dividends
IBGM vs. TLTX - Dividend Comparison
IBGM's dividend yield for the trailing twelve months is around 1.23%, less than TLTX's 18.86% yield.
| Position | TTM | 2025 |
|---|---|---|
IBGM iShares iBonds Dec 2056 Term Treasury ETF | 1.23% | 0.00% |
TLTX Global X Treasury Bond Enhanced Income ETF | 18.86% | 7.54% |
Frequently Asked Questions
IBGM 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.
On fees, IBGM is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IBGM is cheaper with a 0.07% expense ratio, compared with 0.29% for TLTX.
TLTX has the higher dividend yield at 18.86%, compared with 1.23% for IBGM.
They also come from different issuers: iShares and Global X. Their fees differ too: 0.07% for IBGM and 0.29% for TLTX.
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