IBTE vs. SLDR

Last updated Jun 4, 2026

IBTE (iShares iBonds Dec 2024 Term Treasury ETF) and SLDR (Global X Short-Term Treasury Ladder ETF) are both Government Bonds funds - IBTE tracks the ICE 2024 Maturity US Treasury Index while SLDR tracks the FTSE US Treasury 1-3 Years Laddered Bond Index. Both are passively managed. IBTE charges 0.07%/yr vs 0.12%/yr for SLDR.

Performance

IBTE vs. SLDR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares iBonds Dec 2024 Term Treasury ETF (IBTE) and Global X Short-Term Treasury Ladder ETF (SLDR). 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*: —

SLDR

• 1D: -0.04%
• 1M: 0.13%
• YTD: 0.31%
• 6M: 0.69%
• 1Y: 3.14%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

IBTE vs. SLDR - Yearly Performance Comparison

	2026 (YTD)
IBTE iShares iBonds Dec 2024 Term Treasury ETF	0.00%
SLDR Global X Short-Term Treasury Ladder ETF	-0.03%

Return for Risk

IBTE vs. SLDR — Risk / Return Rank

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

SLDR

SLDR Risk / Return Rank: 81
SLDR Sharpe Ratio Rank: 78
SLDR Sortino Ratio Rank: 88
SLDR Omega Ratio Rank: 92
SLDR Calmar Ratio Rank: 73
SLDR Martin Ratio Rank: 74

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.

IBTE vs. SLDR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares iBonds Dec 2024 Term Treasury ETF (IBTE) and Global X Short-Term Treasury Ladder ETF (SLDR). 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	SLDR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.51	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	2.58	—

Drawdowns

IBTE vs. SLDR - Drawdown Comparison

The maximum IBTE drawdown since its inception was 0.00%, smaller than the maximum SLDR drawdown of -0.87%. Use the drawdown chart below to compare losses from any high point for IBTE and SLDR.

Drawdown Indicators

	IBTE	SLDR	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-0.87%	+0.87%
Max Drawdown (1Y) Largest decline over 1 year	—	-0.87%	—
Current Drawdown Current decline from peak	0.00%	-0.28%	+0.28%
Average Drawdown Average peak-to-trough decline	0.00%	-0.14%	+0.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.23%	—

Volatility

Volatility by Period

	IBTE	SLDR	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.37%	—
Volatility (6M) Calculated over the trailing 6-month period	—	0.78%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	1.25%	-1.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	1.24%	-1.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	1.24%	-1.24%

IBTE vs. SLDR - Expense Ratio Comparison

IBTE has a 0.07% expense ratio, which is lower than SLDR's 0.12% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

IBTE vs. SLDR - Dividend Comparison

IBTE has not paid dividends to shareholders, while SLDR's dividend yield for the trailing twelve months is around 3.72%.

Position	TTM	2025	2024
IBTE iShares iBonds Dec 2024 Term Treasury ETF	0.00%	0.00%	0.00%
SLDR Global X Short-Term Treasury Ladder ETF	3.72%	3.80%	0.98%

Frequently Asked Questions

Which ETF is better, IBTE or SLDR?

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 SLDR?

IBTE is cheaper with a 0.07% expense ratio, compared with 0.12% for SLDR.

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

SLDR has the higher dividend yield at 3.72%, compared with 0.00% for IBTE.

What is the main difference between IBTE and SLDR?

IBTE tracks ICE 2024 Maturity US Treasury Index, while SLDR tracks FTSE US Treasury 1-3 Years Laddered Bond Index. They also come from different issuers: iShares and Global X. Their fees differ too: 0.07% for IBTE and 0.12% for SLDR.