IBTH vs. IBDS
Compare and contrast key facts about iShares iBonds Dec 2027 Term Treasury ETF (IBTH) and iShares iBonds Dec 2027 Term Corporate ETF (IBDS).
IBTH and IBDS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IBTH is a passively managed fund by iShares that tracks the performance of the ICE 2027 Maturity US Treasury Index. It was launched on Feb 25, 2020. IBDS is a passively managed fund by iShares that tracks the performance of the Bloomberg Barclays December 2027 Maturity Corporate Index. It was launched on Sep 14, 2017. Both IBTH and IBDS 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: IBTH or IBDS.
Key characteristics
| IBTH | IBDS | |
|---|---|---|
| YTD Return | 2.43% | 3.93% |
| 1Y Return | 5.31% | 7.54% |
| 3Y Return (Ann) | -1.07% | 0.17% |
| Sharpe Ratio | 1.54 | 2.48 |
| Sortino Ratio | 2.33 | 3.90 |
| Omega Ratio | 1.29 | 1.50 |
| Calmar Ratio | 0.40 | 0.85 |
| Martin Ratio | 5.99 | 14.29 |
| Ulcer Index | 0.83% | 0.51% |
| Daily Std Dev | 3.21% | 2.94% |
| Max Drawdown | -16.17% | -16.75% |
| Current Drawdown | -7.87% | -1.69% |
Correlation
The correlation between IBTH and IBDS is 0.74, 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
IBTH vs. IBDS - Performance Comparison
In the year-to-date period, IBTH achieves a 2.43% return, which is significantly lower than IBDS's 3.93% 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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IBTH vs. IBDS - Expense Ratio Comparison
IBTH has a 0.07% expense ratio, which is lower than IBDS's 0.10% 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%.
Risk-Adjusted Performance
IBTH vs. IBDS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares iBonds Dec 2027 Term Treasury ETF (IBTH) and iShares iBonds Dec 2027 Term Corporate ETF (IBDS). 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
IBTH vs. IBDS - Dividend Comparison
IBTH's dividend yield for the trailing twelve months is around 3.93%, less than IBDS's 4.28% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
IBTH iShares iBonds Dec 2027 Term Treasury ETF | 3.93% | 3.61% | 2.00% | 0.77% | 0.50% | 0.00% | 0.00% | 0.00% |
IBDS iShares iBonds Dec 2027 Term Corporate ETF | 4.28% | 3.81% | 2.87% | 2.19% | 2.66% | 3.31% | 3.66% | 0.97% |
Drawdowns
IBTH vs. IBDS - Drawdown Comparison
The maximum IBTH drawdown since its inception was -16.17%, roughly equal to the maximum IBDS drawdown of -16.75%. Use the drawdown chart below to compare losses from any high point for IBTH and IBDS. For additional features, visit the drawdowns tool.
Volatility
IBTH vs. IBDS - Volatility Comparison
The current volatility for iShares iBonds Dec 2027 Term Treasury ETF (IBTH) is 0.50%, while iShares iBonds Dec 2027 Term Corporate ETF (IBDS) has a volatility of 0.64%. This indicates that IBTH experiences smaller price fluctuations and is considered to be less risky than IBDS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.