IBTF vs. LFAW
IBTF (iShares iBonds Dec 2025 Term Treasury ETF) and LFAW (LifeX 2060 Longevity Income ETF) are both Government Bonds funds. IBTF is passively managed, while LFAW is actively managed. Over the past year, IBTF returned 1.44% vs -0.59% for LFAW. Their 0.03 correlation means their historical movements had little consistent relationship. IBTF charges 0.07%/yr vs 0.25%/yr for LFAW.
Performance
IBTF vs. LFAW - Performance Comparison
Loading charts...
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%
LFAW
- 1D
- 0.40%
- 1M
- -2.74%
- 6M
- -2.10%
- YTD
- -2.53%
- 1Y
- -0.59%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -3.46%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $4.20K | $3.06K | $6.26K |
IBTF vs. LFAW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
IBTF iShares iBonds Dec 2025 Term Treasury ETF | 0.00% | 3.81% | 1.24% |
LFAW LifeX 2060 Longevity Income ETF | -2.53% | 6.00% | -9.41% |
Correlation
The correlation between IBTF and LFAW is -0.06, 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. | -0.06 |
Correlation (All Time) Calculated using the full available price history since Sep 16, 2024 | 0.03 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IBTF vs. LFAW — Risk / Return Rank
IBTF
LFAW
IBTF vs. LFAW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares iBonds Dec 2025 Term Treasury ETF (IBTF) and LifeX 2060 Longevity Income ETF (LFAW). 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 | LFAW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +6.04 | ||
| Sortino ratioReturn per unit of downside risk | +20.38 | ||
| Omega ratioGain probability vs. loss probability | 7.12 | 0.99 | +6.13 |
| Calmar ratioReturn relative to maximum drawdown | 39.94 | -0.09 | +40.04 |
| Martin ratioReturn relative to average drawdown | 258.91 | -0.21 | +259.12 |
Loading charts...
Drawdowns
IBTF vs. LFAW - Drawdown Comparison
The maximum IBTF drawdown since its inception was -10.45%, smaller than the maximum LFAW drawdown of -11.37%. Use the drawdown chart below to compare losses from any high point for IBTF and LFAW.
Loading charts...
Drawdown Indicators
| IBTF | LFAW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -10.45% | -11.37% | +0.92% |
Max Drawdown (1Y)Largest decline over 1 year | -0.04% | -6.34% | +6.30% |
Max Drawdown (3Y)Largest decline over 3 years | -0.43% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -9.35% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | -6.41% | +6.41% |
Average DrawdownAverage peak-to-trough decline | -3.24% | -5.36% | +2.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.01% | 2.86% | -2.85% |
Volatility
IBTF vs. LFAW - Volatility Comparison
The current volatility for iShares iBonds Dec 2025 Term Treasury ETF (IBTF) is 0.00%, while LifeX 2060 Longevity Income ETF (LFAW) has a volatility of 2.03%. This indicates that IBTF experiences smaller price fluctuations and is considered to be less risky than LFAW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IBTF | LFAW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.00% | 2.03% | -2.03% |
Volatility (6M)Calculated over the trailing 6-month period | 0.06% | 5.67% | -5.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 0.29% | 7.35% | -7.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.35% | 8.86% | -6.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.53% | 8.86% | -6.33% |
IBTF vs. LFAW - Expense Ratio Comparison
IBTF has a 0.07% expense ratio, which is lower than LFAW's 0.25% 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
IBTF vs. LFAW - Dividend Comparison
IBTF's dividend yield for the trailing twelve months is around 1.37%, less than LFAW's 6.58% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
IBTF iShares iBonds Dec 2025 Term Treasury ETF | 1.37% | 3.83% | 4.32% | 4.03% | 1.93% | 0.57% | 0.59% |
LFAW LifeX 2060 Longevity Income ETF | 6.58% | 9.85% | 1.47% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
IBTF and LFAW have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LFAW has higher volatility (2.03%) compared to IBTF (0.00%). In terms of maximum drawdown, IBTF dropped -10.45% vs LFAW's -11.37%.
On 1-year performance, IBTF leads with 1.44% vs -0.59% for LFAW. On fees, IBTF is cheaper at 0.07% 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 1-year period, IBTF has performed better with a 1.44% return vs -0.59%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IBTF is cheaper with a 0.07% expense ratio, compared with 0.25% for LFAW.
LFAW has the higher dividend yield at 6.58%, compared with 1.37% for IBTF.
They also come from different issuers: iShares and Stone Ridge. Their fees differ too: 0.07% for IBTF and 0.25% for LFAW.
IBTF currently has the higher Sharpe Ratio (5.96 vs -0.08), 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.
Find the right allocation for IBTF and LFAW
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer