IBIG vs. SGOV

Last updated Jun 3, 2026

IBIG (iShares iBonds Oct 2030 Term TIPS ETF) and SGOV (iShares 0-3 Month Treasury Bond ETF) are both exchange-traded funds - IBIG is a Inflation-Protected Bonds fund tracking the ICE 2030 Maturity US Inflation-Linked 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, IBIG returned 4.94% vs 3.95% for SGOV. At a 0.02 correlation, their price movements are largely independent. IBIG charges 0.10%/yr vs 0.09%/yr for SGOV.

Performance

IBIG vs. SGOV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares iBonds Oct 2030 Term TIPS ETF (IBIG) and iShares 0-3 Month Treasury Bond ETF (SGOV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IBIG achieves a 1.74% return, which is significantly higher than SGOV's 1.51% return.

IBIG

• 1D: -0.02%
• 1M: -0.34%
• YTD: 1.74%
• 6M: 1.65%
• 1Y: 4.94%
• 3Y*: —
• 5Y*: —
• 10Y*: —

SGOV

• 1D: 0.01%
• 1M: 0.29%
• YTD: 1.51%
• 6M: 1.80%
• 1Y: 3.95%
• 3Y*: 4.72%
• 5Y*: 3.54%
• 10Y*: —

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

IBIG vs. SGOV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
IBIG iShares iBonds Oct 2030 Term TIPS ETF	1.74%	7.90%	2.60%	4.26%
SGOV iShares 0-3 Month Treasury Bond ETF	1.51%	4.24%	5.27%	1.47%

Correlation

The correlation between IBIG and SGOV is -0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.01
Correlation (All Time) Calculated using the full available price history since Sep 22, 2023	0.02

Return for Risk

IBIG vs. SGOV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IBIG

IBIG Risk / Return Rank: 62
IBIG Sharpe Ratio Rank: 54
IBIG Sortino Ratio Rank: 63
IBIG Omega Ratio Rank: 56
IBIG Calmar Ratio Rank: 71
IBIG Martin Ratio Rank: 65

SGOV

SGOV Risk / Return Rank: 100
SGOV Sharpe Ratio Rank: 100
SGOV Sortino Ratio Rank: 100
SGOV Omega Ratio Rank: 100
SGOV Calmar Ratio Rank: 100
SGOV Martin Ratio Rank: 100

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

IBIG vs. SGOV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares iBonds Oct 2030 Term TIPS ETF (IBIG) 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.

	IBIG	SGOV	Difference
Sharpe ratio Return per unit of total volatility	1.90	20.28	-18.38
Sortino ratio Return per unit of downside risk	2.99	275.69	-272.70
Omega ratio Gain probability vs. loss probability	1.35	195.55	-194.20
Calmar ratio Return relative to maximum drawdown	3.58	398.20	-394.62
Martin ratio Return relative to average drawdown	12.15	4,462.00	-4,449.85
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IBIG vs. SGOV - Sharpe Ratio Comparison

The current IBIG Sharpe Ratio is 1.90, which is lower than the SGOV Sharpe Ratio of 20.28. The chart below compares the historical Sharpe Ratios of IBIG and SGOV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	IBIG	SGOV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.90	20.28	-18.38
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	14.73	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.44	12.48	-11.04

Drawdowns

IBIG vs. SGOV - Drawdown Comparison

The maximum IBIG drawdown since its inception was -3.21%, which is greater than SGOV's maximum drawdown of -0.03%. Use the drawdown chart below to compare losses from any high point for IBIG and SGOV.

Drawdown Indicators

	IBIG	SGOV	Difference
Max Drawdown Largest peak-to-trough decline	-3.21%	-0.03%	-3.18%
Max Drawdown (1Y) Largest decline over 1 year	-1.35%	-0.01%	-1.34%
Max Drawdown (3Y) Largest decline over 3 years	—	-0.01%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-0.03%	—
Current Drawdown Current decline from peak	-0.34%	0.00%	-0.34%
Average Drawdown Average peak-to-trough decline	-0.77%	-0.00%	-0.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.40%	0.00%	+0.40%

Volatility

IBIG vs. SGOV - Volatility Comparison

iShares iBonds Oct 2030 Term TIPS ETF (IBIG) has a higher volatility of 0.61% compared to iShares 0-3 Month Treasury Bond ETF (SGOV) at 0.05%. This indicates that IBIG'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.

Volatility by Period

	IBIG	SGOV	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.61%	0.05%	+0.56%
Volatility (6M) Calculated over the trailing 6-month period	1.72%	0.13%	+1.59%
Volatility (1Y) Calculated over the trailing 1-year period	2.62%	0.20%	+2.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.29%	0.24%	+4.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.29%	0.24%	+4.05%

IBIG vs. SGOV - Expense Ratio Comparison

IBIG has a 0.10% expense ratio, which is higher than SGOV's 0.09% 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

IBIG vs. SGOV - Dividend Comparison

IBIG's dividend yield for the trailing twelve months is around 3.88%, which matches SGOV's 3.86% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
IBIG iShares iBonds Oct 2030 Term TIPS ETF	3.88%	4.70%	4.15%	0.78%	0.00%	0.00%	0.00%
SGOV iShares 0-3 Month Treasury Bond ETF	3.86%	4.10%	5.10%	4.87%	1.45%	0.03%	0.05%

Frequently Asked Questions

Can I hold both IBIG and SGOV in my portfolio?

IBIG and SGOV have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IBIG or SGOV?

IBIG has higher volatility (0.61%) compared to SGOV (0.05%). In terms of maximum drawdown, IBIG dropped -3.21% vs SGOV's -0.03%.

Which ETF is better, IBIG or SGOV?

On 1-year performance, IBIG leads with 4.94% vs 3.95% for SGOV. On fees, SGOV is cheaper at 0.09% per year. On volatility, SGOV has been the lower-risk option at 0.05%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IBIG or SGOV?

Over the 1-year period, IBIG has performed better with a 4.94% return vs 3.95%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IBIG or SGOV?

SGOV is cheaper with a 0.09% expense ratio, compared with 0.10% for IBIG.

Which ETF pays a higher dividend yield, IBIG or SGOV?

IBIG has the higher dividend yield at 3.88%, compared with 3.86% for SGOV.

What is the main difference between IBIG and SGOV?

IBIG is categorized as Inflation-Protected Bonds, while SGOV is Ultrashort Bond. IBIG tracks ICE 2030 Maturity US Inflation-Linked Treasury Index, while SGOV tracks ICE 0-3 Month US Treasury Securities Index. Their fees differ too: 0.10% for IBIG and 0.09% for SGOV.

Which has better risk-adjusted returns?

SGOV currently has the higher Sharpe Ratio (20.28 vs 1.90), 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.