IBTD vs. IBTE
Compare and contrast key facts about iShares iBonds Dec 2023 Term Treasury ETF (IBTD) and iShares iBonds Dec 2024 Term Treasury ETF (IBTE).
IBTD and IBTE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IBTD is a passively managed fund by iShares that tracks the performance of the ICE 2023 Maturity US Treasury Index. It was launched on Feb 25, 2020. IBTE is a passively managed fund by iShares that tracks the performance of the ICE 2024 Maturity US Treasury Index. It was launched on Feb 25, 2020. Both IBTD and IBTE 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: IBTD or IBTE.
Correlation
The correlation between IBTD and IBTE is 0.55, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
IBTD vs. IBTE - Performance Comparison
Key characteristics
Returns By Period
IBTD
N/A
N/A
N/A
N/A
N/A
N/A
IBTE
N/A
N/A
N/A
N/A
N/A
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
IBTD vs. IBTE - Expense Ratio Comparison
Both IBTD and IBTE have an expense ratio of 0.07%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
IBTD vs. IBTE — Risk-Adjusted Performance Rank
IBTD
IBTE
IBTD vs. IBTE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares iBonds Dec 2023 Term Treasury ETF (IBTD) and iShares iBonds Dec 2024 Term Treasury ETF (IBTE). 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
IBTD vs. IBTE - Dividend Comparison
Neither IBTD nor IBTE has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
IBTD iShares iBonds Dec 2023 Term Treasury ETF | 0.00% | 4.25% | 1.72% | 0.25% | 0.49% |
IBTE iShares iBonds Dec 2024 Term Treasury ETF | 4.22% | 4.23% | 2.00% | 0.47% | 0.54% |
Drawdowns
IBTD vs. IBTE - Drawdown Comparison
Volatility
IBTD vs. IBTE - Volatility Comparison
The current volatility for iShares iBonds Dec 2023 Term Treasury ETF (IBTD) is 0.00%, while iShares iBonds Dec 2024 Term Treasury ETF (IBTE) has a volatility of 0.15%. This indicates that IBTD experiences smaller price fluctuations and is considered to be less risky than IBTE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.