IBIH vs. SGOV
IBIH (iShares iBonds Oct 2031 Term TIPS ETF) and SGOV (iShares 0-3 Month Treasury Bond ETF) are both exchange-traded funds - IBIH is a Inflation-Protected Bonds fund tracking the ICE 2031 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, IBIH returned 5.04% vs 3.95% for SGOV. At a 0.02 correlation, their price movements are largely independent. IBIH charges 0.10%/yr vs 0.09%/yr for SGOV.
Performance
IBIH vs. SGOV - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IBIH achieves a 1.60% return, which is significantly higher than SGOV's 1.52% return.
IBIH
- 1D
- -0.08%
- 1M
- -0.34%
- YTD
- 1.60%
- 6M
- 1.34%
- 1Y
- 5.04%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SGOV
- 1D
- 0.01%
- 1M
- 0.29%
- YTD
- 1.52%
- 6M
- 1.79%
- 1Y
- 3.95%
- 3Y*
- 4.72%
- 5Y*
- 3.54%
- 10Y*
- —
IBIH vs. SGOV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
IBIH iShares iBonds Oct 2031 Term TIPS ETF | 1.60% | 8.47% | 1.73% | 4.60% |
SGOV iShares 0-3 Month Treasury Bond ETF | 1.52% | 4.24% | 5.27% | 1.47% |
Correlation
The correlation between IBIH 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 |
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
IBIH vs. SGOV — Risk / Return Rank
IBIH
SGOV
IBIH vs. SGOV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares iBonds Oct 2031 Term TIPS ETF (IBIH) 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.
| IBIH | SGOV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -18.66 | ||
| Sortino ratioReturn per unit of downside risk | -273.18 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 195.55 | -194.26 |
| Calmar ratioReturn relative to maximum drawdown | 2.98 | 398.20 | -395.22 |
| Martin ratioReturn relative to average drawdown | 10.16 | 4,462.00 | -4,451.84 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| IBIH | SGOV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.62 | 20.28 | -18.66 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 14.74 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.24 | 12.49 | -11.25 |
Drawdowns
IBIH vs. SGOV - Drawdown Comparison
The maximum IBIH drawdown since its inception was -3.94%, which is greater than SGOV's maximum drawdown of -0.03%. Use the drawdown chart below to compare losses from any high point for IBIH and SGOV.
Loading charts...
Drawdown Indicators
| IBIH | SGOV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -3.94% | -0.03% | -3.91% |
Max Drawdown (1Y)Largest decline over 1 year | -1.70% | -0.01% | -1.69% |
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 | -0.62% | 0.00% | -0.62% |
Average DrawdownAverage peak-to-trough decline | -0.96% | -0.00% | -0.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.51% | 0.00% | +0.51% |
Volatility
IBIH vs. SGOV - Volatility Comparison
iShares iBonds Oct 2031 Term TIPS ETF (IBIH) has a higher volatility of 0.83% compared to iShares 0-3 Month Treasury Bond ETF (SGOV) at 0.05%. This indicates that IBIH'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
| IBIH | SGOV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.83% | 0.05% | +0.78% |
Volatility (6M)Calculated over the trailing 6-month period | 2.09% | 0.13% | +1.96% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.15% | 0.20% | +2.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.93% | 0.24% | +4.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.93% | 0.24% | +4.69% |
IBIH vs. SGOV - Expense Ratio Comparison
IBIH 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
IBIH vs. SGOV - Dividend Comparison
IBIH's dividend yield for the trailing twelve months is around 3.90%, more than SGOV's 3.86% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
IBIH iShares iBonds Oct 2031 Term TIPS ETF | 3.90% | 4.68% | 4.34% | 0.70% | 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
IBIH 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.
IBIH has higher volatility (0.83%) compared to SGOV (0.05%). In terms of maximum drawdown, IBIH dropped -3.94% vs SGOV's -0.03%.
On 1-year performance, IBIH leads with 5.04% 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.
Over the 1-year period, IBIH has performed better with a 5.04% return vs 3.95%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SGOV is cheaper with a 0.09% expense ratio, compared with 0.10% for IBIH.
IBIH has the higher dividend yield at 3.90%, compared with 3.86% for SGOV.
IBIH is categorized as Inflation-Protected Bonds, while SGOV is Ultrashort Bond. IBIH tracks ICE 2031 Maturity US Inflation-Linked Treasury Index, while SGOV tracks ICE 0-3 Month US Treasury Securities Index. Their fees differ too: 0.10% for IBIH and 0.09% for SGOV.
SGOV currently has the higher Sharpe Ratio (20.28 vs 1.62), 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 IBIH 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