IBTJ vs. IBDV
IBTJ (iShares iBonds Dec 2029 Term Treasury ETF) and IBDV (iShares iBonds Dec 2030 Term Corporate ETF) are both exchange-traded funds - IBTJ is a Government Bonds fund tracking the ICE 2029 Maturity US Treasury Index, while IBDV is a Corporate Bonds fund tracking the Bloomberg December 2030 Maturity Corporate Index. Both are passively managed. Over the past 5 years, IBTJ returned -0.15%/yr vs 0.77%/yr for IBDV. Their correlation of 0.85 suggests significant overlap in exposure. IBTJ charges 0.07%/yr vs 0.10%/yr for IBDV.
Performance
IBTJ vs. IBDV - Performance Comparison
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Returns By Period
In the year-to-date period, IBTJ achieves a 0.04% return, which is significantly lower than IBDV's 0.41% return.
IBTJ
- 1D
- -0.09%
- 1M
- 0.36%
- YTD
- 0.04%
- 6M
- 0.37%
- 1Y
- 3.40%
- 3Y*
- 3.81%
- 5Y*
- -0.15%
- 10Y*
- —
IBDV
- 1D
- -0.07%
- 1M
- 0.56%
- YTD
- 0.41%
- 6M
- 0.90%
- 1Y
- 4.79%
- 3Y*
- 5.90%
- 5Y*
- 0.77%
- 10Y*
- —
IBTJ vs. IBDV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
IBTJ iShares iBonds Dec 2029 Term Treasury ETF | 0.04% | 6.89% | 1.82% | 4.49% | -12.45% | -3.57% | -0.94% |
IBDV iShares iBonds Dec 2030 Term Corporate ETF | 0.41% | 8.19% | 3.42% | 8.51% | -14.67% | -2.64% | 5.22% |
Correlation
The correlation between IBTJ and IBDV is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.87 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.90 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.87 |
Correlation (All Time) Calculated using the full available price history since Jun 25, 2020 | 0.85 |
The correlation between IBTJ and IBDV has been stable across timeframes, ranging from 0.85 to 0.90 - a consistent structural relationship.
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Return for Risk
IBTJ vs. IBDV — Risk / Return Rank
IBTJ
IBDV
IBTJ vs. IBDV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares iBonds Dec 2029 Term Treasury ETF (IBTJ) and iShares iBonds Dec 2030 Term Corporate ETF (IBDV). 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.
| IBTJ | IBDV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.21 | ||
| Sortino ratioReturn per unit of downside risk | -0.30 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.29 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 2.02 | 2.21 | -0.19 |
| Martin ratioReturn relative to average drawdown | 5.49 | 7.41 | -1.91 |
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Drawdowns
IBTJ vs. IBDV - Drawdown Comparison
The maximum IBTJ drawdown since its inception was -20.19%, smaller than the maximum IBDV drawdown of -21.85%. Use the drawdown chart below to compare losses from any high point for IBTJ and IBDV.
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Drawdown Indicators
| IBTJ | IBDV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.19% | -21.85% | +1.66% |
Max Drawdown (1Y)Largest decline over 1 year | -1.62% | -2.07% | +0.45% |
Max Drawdown (3Y)Largest decline over 3 years | -4.43% | -5.64% | +1.21% |
Max Drawdown (5Y)Largest decline over 5 years | -17.21% | -21.54% | +4.33% |
Current DrawdownCurrent decline from peak | -6.17% | -0.81% | -5.36% |
Average DrawdownAverage peak-to-trough decline | -9.71% | -7.19% | -2.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.59% | 0.62% | -0.03% |
Volatility
IBTJ vs. IBDV - Volatility Comparison
The current volatility for iShares iBonds Dec 2029 Term Treasury ETF (IBTJ) is 0.69%, while iShares iBonds Dec 2030 Term Corporate ETF (IBDV) has a volatility of 0.93%. This indicates that IBTJ experiences smaller price fluctuations and is considered to be less risky than IBDV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IBTJ | IBDV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.69% | 0.93% | -0.24% |
Volatility (6M)Calculated over the trailing 6-month period | 1.58% | 2.04% | -0.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.36% | 2.87% | -0.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.73% | 6.44% | -0.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.98% | 6.25% | -0.27% |
IBTJ vs. IBDV - Expense Ratio Comparison
IBTJ has a 0.07% expense ratio, which is lower than IBDV'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%.
Dividends
IBTJ vs. IBDV - Dividend Comparison
IBTJ's dividend yield for the trailing twelve months is around 3.80%, less than IBDV's 4.59% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
IBDV iShares iBonds Dec 2030 Term Corporate ETF | 4.59% | 4.57% | 4.69% | 4.09% | 3.02% | 1.99% | 0.90% |
IBTJ iShares iBonds Dec 2029 Term Treasury ETF | 3.80% | 3.78% | 3.95% | 3.48% | 1.86% | 0.74% | 0.61% |
Frequently Asked Questions
IBTJ and IBDV have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IBDV has higher volatility (0.93%) compared to IBTJ (0.69%). In terms of maximum drawdown, IBTJ dropped -20.19% vs IBDV's -21.85%.
On 5-year performance, IBDV leads with 0.77% vs -0.15% for IBTJ. On fees, IBTJ is cheaper at 0.07% per year. On volatility, IBTJ has been the lower-risk option at 0.69%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, IBDV has performed better with a 0.77% return vs -0.15%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IBTJ is cheaper with a 0.07% expense ratio, compared with 0.10% for IBDV.
IBDV has the higher dividend yield at 4.59%, compared with 3.80% for IBTJ.
IBTJ is categorized as Government Bonds, while IBDV is Corporate Bonds. IBTJ tracks ICE 2029 Maturity US Treasury Index, while IBDV tracks Bloomberg December 2030 Maturity Corporate Index. Their fees differ too: 0.07% for IBTJ and 0.10% for IBDV.
IBDV currently has the higher Sharpe Ratio (1.59 vs 1.39), 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.
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