IBTF vs. IBTE
Compare and contrast key facts about iShares iBonds Dec 2025 Term Treasury ETF (IBTF) and iShares iBonds Dec 2024 Term Treasury ETF (IBTE).
IBTF and IBTE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IBTF is a passively managed fund by iShares that tracks the performance of the ICE 2025 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 IBTF 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: IBTF or IBTE.
Key characteristics
| IBTF | IBTE | |
|---|---|---|
| YTD Return | 3.87% | 4.38% |
| 1Y Return | 5.41% | 5.25% |
| 3Y Return (Ann) | 0.41% | 1.31% |
| Sharpe Ratio | 4.58 | 9.11 |
| Sortino Ratio | 7.91 | 22.16 |
| Omega Ratio | 2.20 | 4.75 |
| Calmar Ratio | 0.79 | 2.09 |
| Martin Ratio | 47.61 | 319.54 |
| Ulcer Index | 0.11% | 0.02% |
| Daily Std Dev | 1.14% | 0.58% |
| Max Drawdown | -10.45% | -6.78% |
| Current Drawdown | -1.53% | 0.00% |
Correlation
The correlation between IBTF and IBTE is 0.78, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
IBTF vs. IBTE - Performance Comparison
In the year-to-date period, IBTF achieves a 3.87% return, which is significantly lower than IBTE's 4.38% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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IBTF vs. IBTE - Expense Ratio Comparison
Both IBTF 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
IBTF vs. IBTE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares iBonds Dec 2025 Term Treasury ETF (IBTF) 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
IBTF vs. IBTE - Dividend Comparison
IBTF's dividend yield for the trailing twelve months is around 4.30%, less than IBTE's 4.74% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
IBTF iShares iBonds Dec 2025 Term Treasury ETF | 4.30% | 4.03% | 1.92% | 0.57% | 0.59% |
IBTE iShares iBonds Dec 2024 Term Treasury ETF | 4.74% | 4.22% | 2.00% | 0.46% | 0.73% |
Drawdowns
IBTF vs. IBTE - Drawdown Comparison
The maximum IBTF drawdown since its inception was -10.45%, which is greater than IBTE's maximum drawdown of -6.78%. Use the drawdown chart below to compare losses from any high point for IBTF and IBTE. For additional features, visit the drawdowns tool.
Volatility
IBTF vs. IBTE - Volatility Comparison
iShares iBonds Dec 2025 Term Treasury ETF (IBTF) has a higher volatility of 0.25% compared to iShares iBonds Dec 2024 Term Treasury ETF (IBTE) at 0.17%. This indicates that IBTF's price experiences larger fluctuations and is considered to be riskier than IBTE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.