IBIM vs. SGOV

Last updated Jun 30, 2026

IBIM (iShares iBonds Oct 2036 Term TIPS ETF) and SGOV (iShares 0-3 Month Treasury Bond ETF) are both exchange-traded funds - IBIM is a Inflation-Protected Bonds fund managed by iShares, while SGOV is a Ultrashort Bond fund tracking the ICE 0-3 Month US Treasury Securities Index. At a correlation of -0.11, they often move in opposite directions.

Performance

IBIM vs. SGOV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares iBonds Oct 2036 Term TIPS ETF (IBIM) and iShares 0-3 Month Treasury Bond ETF (SGOV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

IBIM

• 1D: 0.36%
• 1M: 0.14%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SGOV

• 1D: 0.02%
• 1M: 0.30%
• YTD: 1.77%
• 6M: 1.79%
• 1Y: 3.91%
• 3Y*: 4.67%
• 5Y*: 3.59%
• 10Y*: —

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

IBIM vs. SGOV - Yearly Performance Comparison

	2026 (YTD)
IBIM iShares iBonds Oct 2036 Term TIPS ETF	1.94%
SGOV iShares 0-3 Month Treasury Bond ETF	0.95%

Correlation

The correlation between IBIM and SGOV is -0.11, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 26, 2026	-0.11

Return for Risk

IBIM vs. SGOV — Risk / Return Rank

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

IBIM

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

IBIM vs. SGOV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares iBonds Oct 2036 Term TIPS ETF (IBIM) 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.

	IBIM	SGOV	Difference
Sharpe ratio: Return per unit of total volatility	—	20.43	—
Sortino ratio: Return per unit of downside risk	—	272.85	—
Omega ratio: Gain probability vs. loss probability	—	193.55	—
Calmar ratio: Return relative to maximum drawdown	—	394.03	—
Martin ratio: Return relative to average drawdown	—	4,415.26	—

Drawdowns

IBIM vs. SGOV - Drawdown Comparison

The maximum IBIM drawdown since its inception was -1.84%, which is greater than SGOV's maximum drawdown of -0.03%. Use the drawdown chart below to compare losses from any high point for IBIM and SGOV.

Drawdown Indicators

	IBIM	SGOV	Difference
Max Drawdown Largest peak-to-trough decline	-1.84%	-0.03%	-1.81%
Max Drawdown (1Y) Largest decline over 1 year	—	-0.01%	—
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	-0.18%	0.00%	-0.18%
Average Drawdown Average peak-to-trough decline	-0.51%	-0.00%	-0.51%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.00%	—

Volatility

Volatility by Period

	IBIM	SGOV	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.04%	—
Volatility (6M) Calculated over the trailing 6-month period	—	0.12%	—
Volatility (1Y) Calculated over the trailing 1-year period	4.85%	0.19%	+4.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.85%	0.24%	+4.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.85%	0.24%	+4.61%

Dividends

IBIM vs. SGOV - Dividend Comparison

IBIM has not paid dividends to shareholders, while SGOV's dividend yield for the trailing twelve months is around 3.85%.

Position	TTM	2025	2024	2023	2022	2021	2020
IBIM iShares iBonds Oct 2036 Term TIPS ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SGOV iShares 0-3 Month Treasury Bond ETF	3.85%	4.10%	5.10%	4.87%	1.45%	0.03%	0.05%

Frequently Asked Questions

Can I hold both IBIM and SGOV in my portfolio?

IBIM and SGOV have a correlation of -0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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

SGOV has the higher dividend yield at 3.85%, compared with 0.00% for IBIM.

What is the main difference between IBIM and SGOV?

IBIM is categorized as Inflation-Protected Bonds, while SGOV is Ultrashort Bond.