IBTE vs. VTAPX
Compare and contrast key facts about iShares iBonds Dec 2024 Term Treasury ETF (IBTE) and Vanguard Short-Term Inflation-Protected Securities Index Fund Admiral Shares (VTAPX).
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. VTAPX is managed by Vanguard. It was launched on Oct 16, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IBTE or VTAPX.
Performance
IBTE vs. VTAPX - Performance Comparison
Returns By Period
The year-to-date returns for both investments are quite close, with IBTE having a 4.47% return and VTAPX slightly higher at 4.59%.
IBTE
4.47%
0.38%
2.52%
5.21%
N/A
N/A
VTAPX
4.59%
0.00%
3.19%
6.07%
3.41%
2.35%
Key characteristics
| IBTE | VTAPX | |
|---|---|---|
| Sharpe Ratio | 9.08 | 3.03 |
| Sortino Ratio | 21.98 | 5.02 |
| Omega Ratio | 4.72 | 1.68 |
| Calmar Ratio | 2.18 | 4.74 |
| Martin Ratio | 316.84 | 21.75 |
| Ulcer Index | 0.02% | 0.28% |
| Daily Std Dev | 0.57% | 1.99% |
| Max Drawdown | -6.78% | -5.33% |
| Current Drawdown | 0.00% | -0.47% |
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IBTE vs. VTAPX - Expense Ratio Comparison
IBTE has a 0.07% expense ratio, which is higher than VTAPX's 0.06% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Correlation
The correlation between IBTE and VTAPX is 0.38, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Risk-Adjusted Performance
IBTE vs. VTAPX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares iBonds Dec 2024 Term Treasury ETF (IBTE) and Vanguard Short-Term Inflation-Protected Securities Index Fund Admiral Shares (VTAPX). 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
IBTE vs. VTAPX - Dividend Comparison
IBTE's dividend yield for the trailing twelve months is around 4.73%, more than VTAPX's 2.88% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IBTE iShares iBonds Dec 2024 Term Treasury ETF | 4.73% | 4.22% | 2.00% | 0.46% | 0.73% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VTAPX Vanguard Short-Term Inflation-Protected Securities Index Fund Admiral Shares | 2.88% | 2.84% | 6.82% | 4.68% | 1.19% | 1.94% | 2.45% | 1.52% | 0.76% | 0.00% | 0.82% | 0.06% |
Drawdowns
IBTE vs. VTAPX - Drawdown Comparison
The maximum IBTE drawdown since its inception was -6.78%, which is greater than VTAPX's maximum drawdown of -5.33%. Use the drawdown chart below to compare losses from any high point for IBTE and VTAPX. For additional features, visit the drawdowns tool.
Volatility
IBTE vs. VTAPX - Volatility Comparison
The current volatility for iShares iBonds Dec 2024 Term Treasury ETF (IBTE) is 0.17%, while Vanguard Short-Term Inflation-Protected Securities Index Fund Admiral Shares (VTAPX) has a volatility of 0.46%. This indicates that IBTE experiences smaller price fluctuations and is considered to be less risky than VTAPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.