IBTF vs. EDV
IBTF (iShares iBonds Dec 2025 Term Treasury ETF) and EDV (Vanguard Extended Duration Treasury ETF) are both Government Bonds funds - IBTF tracks the ICE 2025 Maturity US Treasury Index while EDV tracks the Bloomberg U.S. Treasury STRIPS 20-30 Year Equal Par Bond Index. Both are passively managed. Over the past 5 years, IBTF returned 0.80%/yr vs -12.82%/yr for EDV. Their 0.49 correlation means their historical movements had little consistent relationship. IBTF charges 0.07%/yr vs 0.05%/yr for EDV.
Performance
IBTF vs. EDV - Performance Comparison
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Returns By Period
IBTF
- 1D
- 0.00%
- 1M
- 0.00%
- 6M
- 0.00%
- YTD
- 0.00%
- 1Y
- 1.44%
- 3Y*
- 3.64%
- 5Y*
- 0.80%
- 10Y*
- —
- ALL TIME*
- 1.11%
EDV
- 1D
- 0.47%
- 1M
- -5.91%
- 6M
- -5.09%
- YTD
- -5.76%
- 1Y
- -5.56%
- 3Y*
- -4.58%
- 5Y*
- -12.82%
- 10Y*
- -4.40%
- ALL TIME*
- 2.37%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $91.73M | $72.86M | $67.75M | |
| $0.00 | $0.00 | $0.00 |
IBTF vs. EDV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
IBTF iShares iBonds Dec 2025 Term Treasury ETF | 0.00% | 3.81% | 4.60% | 4.12% | -6.39% | -2.31% | 3.85% |
EDV Vanguard Extended Duration Treasury ETF | -5.76% | 0.65% | -12.78% | 1.65% | -39.15% | -6.19% | 5.85% |
Correlation
The correlation between IBTF and EDV is -0.08, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.08 |
Correlation (3Y) Balances recent behavior with more history. | 0.24 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.45 |
Correlation (All Time) Calculated using the full available price history since Feb 28, 2020 | 0.49 |
The correlation between IBTF and EDV shifts across timeframes, from -0.08 (1 year) to 0.49 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
IBTF vs. EDV — Risk / Return Rank
IBTF
EDV
IBTF vs. EDV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares iBonds Dec 2025 Term Treasury ETF (IBTF) and Vanguard Extended Duration Treasury ETF (EDV). 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.
| IBTF | EDV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +6.36 | ||
| Sortino ratioReturn per unit of downside risk | +20.79 | ||
| Omega ratioGain probability vs. loss probability | 7.12 | 0.95 | +6.17 |
| Calmar ratioReturn relative to maximum drawdown | 39.94 | -0.42 | +40.36 |
| Martin ratioReturn relative to average drawdown | 258.91 | -0.87 | +259.78 |
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Drawdowns
IBTF vs. EDV - Drawdown Comparison
The maximum IBTF drawdown since its inception was -10.45%, smaller than the maximum EDV drawdown of -59.96%. Use the drawdown chart below to compare losses from any high point for IBTF and EDV.
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Drawdown Indicators
| IBTF | EDV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -10.45% | -59.96% | +49.51% |
Max Drawdown (1Y)Largest decline over 1 year | -0.04% | -13.24% | +13.20% |
Max Drawdown (3Y)Largest decline over 3 years | -0.43% | -22.74% | +22.31% |
Max Drawdown (5Y)Largest decline over 5 years | -9.35% | -55.03% | +45.68% |
Max Drawdown (10Y)Largest decline over 10 years | — | -59.96% | — |
Current DrawdownCurrent decline from peak | 0.00% | -56.76% | +56.76% |
Average DrawdownAverage peak-to-trough decline | -3.24% | -23.70% | +20.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.01% | 6.39% | -6.38% |
Volatility
IBTF vs. EDV - Volatility Comparison
The current volatility for iShares iBonds Dec 2025 Term Treasury ETF (IBTF) is 0.00%, while Vanguard Extended Duration Treasury ETF (EDV) has a volatility of 3.91%. This indicates that IBTF experiences smaller price fluctuations and is considered to be less risky than EDV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IBTF | EDV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.00% | 3.91% | -3.91% |
Volatility (6M)Calculated over the trailing 6-month period | 0.06% | 10.21% | -10.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 0.29% | 14.01% | -13.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.35% | 21.52% | -19.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.53% | 19.74% | -17.21% |
IBTF vs. EDV - Expense Ratio Comparison
IBTF has a 0.07% expense ratio, which is higher than EDV's 0.05% 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%.
Dividends
IBTF vs. EDV - Dividend Comparison
IBTF's dividend yield for the trailing twelve months is around 1.37%, less than EDV's 5.42% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EDV Vanguard Extended Duration Treasury ETF | 5.42% | 4.94% | 4.65% | 3.81% | 3.28% | 1.95% | 5.54% | 3.51% | 2.90% | 2.92% | 5.32% | 4.24% |
IBTF iShares iBonds Dec 2025 Term Treasury ETF | 1.37% | 3.83% | 4.32% | 4.03% | 1.93% | 0.57% | 0.59% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
IBTF and EDV have a correlation of -0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EDV has higher volatility (3.91%) compared to IBTF (0.00%). In terms of maximum drawdown, IBTF dropped -10.45% vs EDV's -59.96%.
On 5-year performance, IBTF leads with 0.80% vs -12.82% for EDV. On fees, EDV is cheaper at 0.05% per year. On volatility, IBTF has been the lower-risk option at 0.00%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, IBTF has performed better with a 0.80% return vs -12.82%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
EDV is cheaper with a 0.05% expense ratio, compared with 0.07% for IBTF.
EDV has the higher dividend yield at 5.42%, compared with 1.37% for IBTF.
IBTF tracks ICE 2025 Maturity US Treasury Index, while EDV tracks Bloomberg U.S. Treasury STRIPS 20-30 Year Equal Par Bond Index. They also come from different issuers: iShares and Vanguard. Their fees differ too: 0.07% for IBTF and 0.05% for EDV.
IBTF currently has the higher Sharpe Ratio (5.96 vs -0.40), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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