IBTI vs. SLJY

Last updated Jul 16, 2026

IBTI (iShares iBonds Dec 2028 Term Treasury ETF) and SLJY (Amplify SILJ Covered Call ETF) are both exchange-traded funds - IBTI is a Government Bonds fund tracking the ICE 2028 Maturity US Treasury Index, while SLJY is a Derivative Income fund actively managed by Amplify. IBTI is passively managed, while SLJY is actively managed. At a 0.23 correlation, their price movements are largely independent. IBTI charges 0.07%/yr vs 0.75%/yr for SLJY.

Performance

IBTI vs. SLJY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares iBonds Dec 2028 Term Treasury ETF (IBTI) and Amplify SILJ Covered Call ETF (SLJY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IBTI achieves a 0.64% return, which is significantly higher than SLJY's -6.88% return.

IBTI

• 1D: 0.07%
• 1M: 0.15%
• 6M: 0.55%
• YTD: 0.64%
• 1Y: 3.43%
• 3Y*: 3.96%
• 5Y*: 0.01%
• 10Y*: —

SLJY

• 1D: -0.59%
• 1M: -10.96%
• 6M: -18.86%
• YTD: -6.88%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

IBTI vs. SLJY - Yearly Performance Comparison

	2026 (YTD)	2025
IBTI iShares iBonds Dec 2028 Term Treasury ETF	0.64%	1.87%
SLJY Amplify SILJ Covered Call ETF	-6.88%	42.11%

Correlation

The correlation between IBTI and SLJY is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Aug 19, 2025	0.23

Return for Risk

IBTI vs. SLJY — Risk / Return Rank

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

IBTI

IBTI Risk / Return Rank: 80
IBTI Sharpe Ratio Rank: 81
IBTI Sortino Ratio Rank: 90
IBTI Omega Ratio Rank: 86
IBTI Calmar Ratio Rank: 76
IBTI Martin Ratio Rank: 69

SLJY

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

IBTI vs. SLJY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares iBonds Dec 2028 Term Treasury ETF (IBTI) and Amplify SILJ Covered Call ETF (SLJY). 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.

	IBTI	SLJY	Difference
Sharpe ratio: Return per unit of total volatility	2.05	—	—
Sortino ratio: Return per unit of downside risk	3.36	—	—
Omega ratio: Gain probability vs. loss probability	1.41	—	—
Calmar ratio: Return relative to maximum drawdown	3.14	—	—
Martin ratio: Return relative to average drawdown	10.05	—	—

Drawdowns

IBTI vs. SLJY - Drawdown Comparison

The maximum IBTI drawdown since its inception was -18.45%, smaller than the maximum SLJY drawdown of -33.74%. Use the drawdown chart below to compare losses from any high point for IBTI and SLJY.

Drawdown Indicators

	IBTI	SLJY	Difference
Max Drawdown Largest peak-to-trough decline	-18.45%	-33.74%	+15.29%
Max Drawdown (1Y) Largest decline over 1 year	-1.10%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-3.11%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-16.18%	—	—
Current Drawdown Current decline from peak	-3.59%	-32.26%	+28.67%
Average Drawdown Average peak-to-trough decline	-8.17%	-12.03%	+3.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.34%	—	—

Volatility

Volatility by Period

	IBTI	SLJY	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.52%	—	—
Volatility (6M) Calculated over the trailing 6-month period	1.15%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	1.68%	49.61%	-47.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.98%	49.61%	-44.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.13%	49.61%	-44.48%

IBTI vs. SLJY - Expense Ratio Comparison

IBTI has a 0.07% expense ratio, which is lower than SLJY's 0.75% expense ratio.

Dividends

IBTI vs. SLJY - Dividend Comparison

IBTI's dividend yield for the trailing twelve months is around 3.79%, less than SLJY's 21.86% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
IBTI iShares iBonds Dec 2028 Term Treasury ETF	3.79%	3.87%	3.92%	3.27%	1.70%	0.90%	0.56%
SLJY Amplify SILJ Covered Call ETF	21.86%	6.26%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both IBTI and SLJY in my portfolio?

IBTI and SLJY have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, IBTI or SLJY?

On fees, IBTI 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, IBTI or SLJY?

IBTI is cheaper with a 0.07% expense ratio, compared with 0.75% for SLJY.

Which ETF pays a higher dividend yield, IBTI or SLJY?

SLJY has the higher dividend yield at 21.86%, compared with 3.79% for IBTI.

What is the main difference between IBTI and SLJY?

IBTI is categorized as Government Bonds, while SLJY is Derivative Income. They also come from different issuers: iShares and Amplify. Their fees differ too: 0.07% for IBTI and 0.75% for SLJY.