IBTG vs. RDYY

Last updated Jun 4, 2026

IBTG (iShares iBonds Dec 2026 Term Treasury ETF) and RDYY (YieldMax RDDT Option Income Strategy ETF) are both exchange-traded funds - IBTG is a Government Bonds fund tracking the ICE 2026 Maturity US Treasury Index, while RDYY is a Derivative Income fund actively managed by YieldMax. IBTG is passively managed, while RDYY is actively managed. At a 0.04 correlation, their price movements are largely independent. IBTG charges 0.07%/yr vs 0.99%/yr for RDYY.

Performance

IBTG vs. RDYY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares iBonds Dec 2026 Term Treasury ETF (IBTG) and YieldMax RDDT Option Income Strategy ETF (RDYY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IBTG achieves a 1.44% return, which is significantly higher than RDYY's -22.78% return.

IBTG

• 1D: 0.00%
• 1M: 0.28%
• YTD: 1.44%
• 6M: 1.80%
• 1Y: 4.14%
• 3Y*: 4.11%
• 5Y*: 0.84%
• 10Y*: —

RDYY

• 1D: 0.78%
• 1M: 2.65%
• YTD: -22.78%
• 6M: -20.14%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

IBTG vs. RDYY - Yearly Performance Comparison

	2026 (YTD)	2025
IBTG iShares iBonds Dec 2026 Term Treasury ETF	1.44%	1.24%
RDYY YieldMax RDDT Option Income Strategy ETF	-22.78%	-6.52%

Correlation

The correlation between IBTG and RDYY is 0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 10, 2025	0.04

Return for Risk

IBTG vs. RDYY — Risk / Return Rank

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

IBTG

IBTG Risk / Return Rank: 99
IBTG Sharpe Ratio Rank: 99
IBTG Sortino Ratio Rank: 99
IBTG Omega Ratio Rank: 99
IBTG Calmar Ratio Rank: 100
IBTG Martin Ratio Rank: 99

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.

IBTG vs. RDYY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares iBonds Dec 2026 Term Treasury ETF (IBTG) and YieldMax RDDT Option Income Strategy ETF (RDYY). 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.

	IBTG	RDYY	Difference
Sharpe ratio Return per unit of total volatility	8.02	—	—
Sortino ratio Return per unit of downside risk	20.36	—	—
Omega ratio Gain probability vs. loss probability	4.40	—	—
Calmar ratio Return relative to maximum drawdown	63.59	—	—
Martin ratio Return relative to average drawdown	256.63	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	IBTG	RDYY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	8.02	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.26	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.29	-0.67	+0.96

Drawdowns

IBTG vs. RDYY - Drawdown Comparison

The maximum IBTG drawdown since its inception was -13.62%, smaller than the maximum RDYY drawdown of -51.16%. Use the drawdown chart below to compare losses from any high point for IBTG and RDYY.

Drawdown Indicators

	IBTG	RDYY	Difference
Max Drawdown Largest peak-to-trough decline	-13.62%	-51.16%	+37.54%
Max Drawdown (1Y) Largest decline over 1 year	-0.07%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-1.33%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-12.31%	—	—
Current Drawdown Current decline from peak	0.00%	-34.14%	+34.14%
Average Drawdown Average peak-to-trough decline	-4.90%	-28.62%	+23.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.02%	—	—

Volatility

Volatility by Period

	IBTG	RDYY	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.12%	—	—
Volatility (6M) Calculated over the trailing 6-month period	0.32%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	0.52%	54.12%	-53.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.27%	54.12%	-50.85%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.45%	54.12%	-50.67%

IBTG vs. RDYY - Expense Ratio Comparison

IBTG has a 0.07% expense ratio, which is lower than RDYY's 0.99% expense ratio.

Dividends

IBTG vs. RDYY - Dividend Comparison

IBTG's dividend yield for the trailing twelve months is around 3.96%, less than RDYY's 83.18% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
IBTG iShares iBonds Dec 2026 Term Treasury ETF	3.96%	4.03%	4.08%	3.61%	2.06%	0.66%	0.53%
RDYY YieldMax RDDT Option Income Strategy ETF	83.18%	25.20%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both IBTG and RDYY in my portfolio?

IBTG and RDYY have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, IBTG or RDYY?

On fees, IBTG 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, IBTG or RDYY?

IBTG is cheaper with a 0.07% expense ratio, compared with 0.99% for RDYY.

Which ETF pays a higher dividend yield, IBTG or RDYY?

RDYY has the higher dividend yield at 83.18%, compared with 3.96% for IBTG.

What is the main difference between IBTG and RDYY?

IBTG is categorized as Government Bonds, while RDYY is Derivative Income. They also come from different issuers: iShares and YieldMax. Their fees differ too: 0.07% for IBTG and 0.99% for RDYY.