IBTE vs. GGOV

Last updated Jun 4, 2026

IBTE (iShares iBonds Dec 2024 Term Treasury ETF) and GGOV (iShares Global Government Bond USD Hedged Active ETF) are both exchange-traded funds - IBTE is a Government Bonds fund tracking the ICE 2024 Maturity US Treasury Index, while GGOV is a Global Bonds fund managed by iShares. IBTE charges 0.07%/yr vs 0.39%/yr for GGOV.

Performance

IBTE vs. GGOV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares iBonds Dec 2024 Term Treasury ETF (IBTE) and iShares Global Government Bond USD Hedged Active ETF (GGOV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

IBTE

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

GGOV

• 1D: -0.16%
• 1M: 0.60%
• YTD: 2.30%
• 6M: -1.11%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

IBTE vs. GGOV - Yearly Performance Comparison

	2026 (YTD)
IBTE iShares iBonds Dec 2024 Term Treasury ETF	0.00%
GGOV iShares Global Government Bond USD Hedged Active ETF	2.37%

Return for Risk

IBTE vs. GGOV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares iBonds Dec 2024 Term Treasury ETF (IBTE) and iShares Global Government Bond USD Hedged Active ETF (GGOV). 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.

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

Sharpe Ratios by Period

	IBTE	GGOV	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	—	-0.11	—

Drawdowns

IBTE vs. GGOV - Drawdown Comparison

The maximum IBTE drawdown since its inception was 0.00%, smaller than the maximum GGOV drawdown of -4.69%. Use the drawdown chart below to compare losses from any high point for IBTE and GGOV.

Drawdown Indicators

	IBTE	GGOV	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-4.69%	+4.69%
Current Drawdown Current decline from peak	0.00%	-1.50%	+1.50%
Average Drawdown Average peak-to-trough decline	0.00%	-1.59%	+1.59%

Volatility

Volatility by Period

	IBTE	GGOV	Difference
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	5.38%	-5.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	5.38%	-5.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	5.38%	-5.38%

IBTE vs. GGOV - Expense Ratio Comparison

IBTE has a 0.07% expense ratio, which is lower than GGOV's 0.39% expense ratio.

Dividends

IBTE vs. GGOV - Dividend Comparison

Neither IBTE nor GGOV has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Which ETF is better, IBTE or GGOV?

On fees, IBTE is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IBTE or GGOV?

IBTE is cheaper with a 0.07% expense ratio, compared with 0.39% for GGOV.

Which ETF pays a higher dividend yield, IBTE or GGOV?

IBTE and GGOV have nearly identical dividend yields, around 0.00%.

What is the main difference between IBTE and GGOV?

IBTE is categorized as Government Bonds, while GGOV is Global Bonds. Their fees differ too: 0.07% for IBTE and 0.39% for GGOV.