IBHI vs. SGOV
Compare and contrast key facts about iShares iBonds 2029 Term High Yield and Income ETF (IBHI) and iShares 0-3 Month Treasury Bond ETF (SGOV).
IBHI and SGOV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IBHI is a passively managed fund by iShares that tracks the performance of the Bloomberg 2029 Term High Yield and Income Index - Benchmark TR Gross. It was launched on Mar 8, 2022. SGOV is a passively managed fund by iShares that tracks the performance of the ICE 0-3 Month US Treasury Bill Index. It was launched on May 26, 2020. Both IBHI and SGOV are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IBHI or SGOV.
Correlation
The correlation between IBHI and SGOV is 0.01, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
IBHI vs. SGOV - Performance Comparison
Key characteristics
IBHI:
1.93
SGOV:
22.21
IBHI:
2.74
SGOV:
511.09
IBHI:
1.36
SGOV:
512.09
IBHI:
3.87
SGOV:
524.34
IBHI:
13.83
SGOV:
8,323.57
IBHI:
0.70%
SGOV:
0.00%
IBHI:
5.04%
SGOV:
0.24%
IBHI:
-13.65%
SGOV:
-0.03%
IBHI:
-0.07%
SGOV:
0.00%
Returns By Period
In the year-to-date period, IBHI achieves a 0.90% return, which is significantly higher than SGOV's 0.22% return.
IBHI
0.90%
1.89%
4.81%
9.70%
N/A
N/A
SGOV
0.22%
0.38%
2.46%
5.22%
N/A
N/A
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IBHI vs. SGOV - Expense Ratio Comparison
IBHI has a 0.35% expense ratio, which is higher than SGOV's 0.03% expense ratio.
Risk-Adjusted Performance
IBHI vs. SGOV — Risk-Adjusted Performance Rank
IBHI
SGOV
IBHI vs. SGOV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares iBonds 2029 Term High Yield and Income ETF (IBHI) 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.
Dividends
IBHI vs. SGOV - Dividend Comparison
IBHI's dividend yield for the trailing twelve months is around 6.59%, more than SGOV's 5.09% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
IBHI iShares iBonds 2029 Term High Yield and Income ETF | 6.59% | 6.65% | 6.49% | 5.26% | 0.00% | 0.00% |
SGOV iShares 0-3 Month Treasury Bond ETF | 5.09% | 5.10% | 4.87% | 1.45% | 0.03% | 0.04% |
Drawdowns
IBHI vs. SGOV - Drawdown Comparison
The maximum IBHI drawdown since its inception was -13.65%, which is greater than SGOV's maximum drawdown of -0.03%. Use the drawdown chart below to compare losses from any high point for IBHI and SGOV. For additional features, visit the drawdowns tool.
Volatility
IBHI vs. SGOV - Volatility Comparison
iShares iBonds 2029 Term High Yield and Income ETF (IBHI) has a higher volatility of 2.03% compared to iShares 0-3 Month Treasury Bond ETF (SGOV) at 0.06%. This indicates that IBHI'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.