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IBIM vs. TLT
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IBIM vs. TLT

Last updated Jun 30, 2026
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IBIM (iShares iBonds Oct 2036 Term TIPS ETF) and TLT (iShares 20+ Year Treasury Bond ETF) are both exchange-traded funds - IBIM is a Inflation-Protected Bonds fund managed by iShares, while TLT is a Government Bonds fund tracking the ICE U.S. Treasury 20+ Year Bond Index. A 0.74 correlation means they provide meaningful diversification when combined.

Performance

IBIM vs. TLT - 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 20+ Year Treasury Bond ETF (TLT). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

IBIM

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

TLT

1D
0.10%
1M
2.37%
YTD
2.23%
6M
1.17%
1Y
4.63%
3Y*
-1.30%
5Y*
-6.43%
10Y*
-1.96%
*Multi-year figures are annualized to reflect compound growth (CAGR)

IBIM vs. TLT - Yearly Performance Comparison

2026 (YTD)
IBIM
iShares iBonds Oct 2036 Term TIPS ETF		1.94%
TLT
iShares 20+ Year Treasury Bond ETF		1.88%

Correlation

The correlation between IBIM and TLT is 0.74, 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

0.74

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iShares iBonds Oct 2036 Term TIPS ETF

iShares 20+ Year Treasury Bond ETF

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Return for Risk

IBIM vs. TLT — 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.

TLT
TLT Risk / Return Rank: 1616
Overall Rank
TLT Sharpe Ratio Rank: 1616
Sharpe Ratio Rank
TLT Sortino Ratio Rank: 1515
Sortino Ratio Rank
TLT Omega Ratio Rank: 1414
Omega Ratio Rank
TLT Calmar Ratio Rank: 1616
Calmar Ratio Rank
TLT Martin Ratio Rank: 1616
Martin Ratio Rank
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. TLT - 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 20+ Year Treasury Bond ETF (TLT). 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.

IBIMTLTDifference
Sharpe ratioReturn per unit of total volatility

—

0.49

—

Sortino ratioReturn per unit of downside risk

—

0.78

—

Omega ratioGain probability vs. loss probability

—

1.09

—

Calmar ratioReturn relative to maximum drawdown

—

0.61

—

Martin ratioReturn relative to average drawdown

—

1.45

—

IBIM vs. TLT - Sharpe Ratio Comparison

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Drawdowns

IBIM vs. TLT - Drawdown Comparison

The maximum IBIM drawdown since its inception was -1.84%, smaller than the maximum TLT drawdown of -48.35%. Use the drawdown chart below to compare losses from any high point for IBIM and TLT.

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Drawdown Indicators

IBIMTLTDifference

Max Drawdown

Largest peak-to-trough decline

-1.84%

-48.35%

+46.51%

Max Drawdown (1Y)

Largest decline over 1 year

—

-7.58%

—

Max Drawdown (3Y)

Largest decline over 3 years

—

-18.88%

—

Max Drawdown (5Y)

Largest decline over 5 years

—

-43.70%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-48.35%

—

Current Drawdown

Current decline from peak

-0.18%

-38.94%

+38.76%

Average Drawdown

Average peak-to-trough decline

-0.51%

-13.89%

+13.38%

Ulcer Index

Depth and duration of drawdowns from previous peaks

—

3.20%

—

Volatility

IBIM vs. TLT - Volatility Comparison

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Volatility by Period

IBIMTLTDifference

Volatility (1M)

Calculated over the trailing 1-month period

—

2.44%

—

Volatility (6M)

Calculated over the trailing 6-month period

—

6.71%

—

Volatility (1Y)

Calculated over the trailing 1-year period

4.85%

9.53%

-4.68%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

4.85%

15.81%

-10.96%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

4.85%

14.87%

-10.02%

Dividends

IBIM vs. TLT - Dividend Comparison

IBIM has not paid dividends to shareholders, while TLT's dividend yield for the trailing twelve months is around 4.48%.

PositionTTM20252024202320222021202020192018201720162015
IBIM
iShares iBonds Oct 2036 Term TIPS ETF		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
TLT
iShares 20+ Year Treasury Bond ETF		4.48%4.43%4.30%3.38%2.67%1.50%1.50%2.27%2.63%2.43%2.60%2.61%

Frequently Asked Questions

IBIM and TLT have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

TLT has the higher dividend yield at 4.48%, compared with 0.00% for IBIM.

IBIM is categorized as Inflation-Protected Bonds, while TLT is Government Bonds.

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