IBTJ vs. TFLO
Compare and contrast key facts about iShares iBonds Dec 2029 Term Treasury ETF (IBTJ) and iShares Treasury Floating Rate Bond ETF (TFLO).
IBTJ and TFLO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IBTJ is a passively managed fund by iShares that tracks the performance of the ICE 2029 Maturity US Treasury Index. It was launched on Feb 25, 2020. TFLO is a passively managed fund by iShares that tracks the performance of the Barclays U.S. Treasury Floating Rate Index. It was launched on Feb 3, 2014. Both IBTJ and TFLO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
IBTJ vs. TFLO - Performance Comparison
Loading graphics...
IBTJ vs. TFLO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
IBTJ iShares iBonds Dec 2029 Term Treasury ETF | 0.07% | 6.89% | 1.82% | 4.49% | -12.45% | -3.57% | 3.50% |
TFLO iShares Treasury Floating Rate Bond ETF | 0.94% | 4.22% | 5.34% | 5.12% | 1.99% | -0.02% | 0.10% |
Returns By Period
In the year-to-date period, IBTJ achieves a 0.07% return, which is significantly lower than TFLO's 0.94% return.
IBTJ
- 1D
- -0.07%
- 1M
- -0.71%
- YTD
- 0.07%
- 6M
- 1.03%
- 1Y
- 3.99%
- 3Y*
- 3.31%
- 5Y*
- 0.24%
- 10Y*
- —
TFLO
- 1D
- 0.02%
- 1M
- 0.30%
- YTD
- 0.94%
- 6M
- 2.01%
- 1Y
- 4.08%
- 3Y*
- 4.85%
- 5Y*
- 3.49%
- 10Y*
- 2.27%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
IBTJ vs. TFLO - Expense Ratio Comparison
IBTJ has a 0.07% expense ratio, which is lower than TFLO's 0.15% 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%.
Return for Risk
IBTJ vs. TFLO — Risk / Return Rank
IBTJ
TFLO
IBTJ vs. TFLO - 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 Treasury Floating Rate Bond ETF (TFLO). 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.
| IBTJ | TFLO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.38 | 13.82 | -12.44 |
Sortino ratioReturn per unit of downside risk | 2.13 | 45.26 | -43.13 |
Omega ratioGain probability vs. loss probability | 1.26 | 11.00 | -9.74 |
Calmar ratioReturn relative to maximum drawdown | 2.56 | 207.22 | -204.66 |
Martin ratioReturn relative to average drawdown | 7.74 | 736.01 | -728.27 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| IBTJ | TFLO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.38 | 13.82 | -12.44 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.04 | 9.84 | -9.80 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 4.54 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.02 | 0.97 | -0.98 |
Correlation
The correlation between IBTJ and TFLO is 0.01, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
IBTJ vs. TFLO - Dividend Comparison
IBTJ's dividend yield for the trailing twelve months is around 3.81%, less than TFLO's 4.00% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IBTJ iShares iBonds Dec 2029 Term Treasury ETF | 3.81% | 3.78% | 3.95% | 3.48% | 1.86% | 0.74% | 0.61% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TFLO iShares Treasury Floating Rate Bond ETF | 4.00% | 4.16% | 5.21% | 4.88% | 1.68% | 0.00% | 0.36% | 2.08% | 1.65% | 0.86% | 0.31% | 0.15% |
Drawdowns
IBTJ vs. TFLO - Drawdown Comparison
The maximum IBTJ drawdown since its inception was -20.19%, which is greater than TFLO's maximum drawdown of -5.01%. Use the drawdown chart below to compare losses from any high point for IBTJ and TFLO.
Loading graphics...
Drawdown Indicators
| IBTJ | TFLO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.19% | -5.01% | -15.18% |
Max Drawdown (1Y)Largest decline over 1 year | -1.62% | -0.02% | -1.60% |
Max Drawdown (5Y)Largest decline over 5 years | -17.21% | -0.13% | -17.08% |
Max Drawdown (10Y)Largest decline over 10 years | — | -0.50% | — |
Current DrawdownCurrent decline from peak | -6.14% | 0.00% | -6.14% |
Average DrawdownAverage peak-to-trough decline | -9.83% | -0.10% | -9.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.54% | 0.01% | +0.53% |
Volatility
IBTJ vs. TFLO - Volatility Comparison
iShares iBonds Dec 2029 Term Treasury ETF (IBTJ) has a higher volatility of 0.90% compared to iShares Treasury Floating Rate Bond ETF (TFLO) at 0.07%. This indicates that IBTJ's price experiences larger fluctuations and is considered to be riskier than TFLO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| IBTJ | TFLO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.90% | 0.07% | +0.83% |
Volatility (6M)Calculated over the trailing 6-month period | 1.58% | 0.21% | +1.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.91% | 0.30% | +2.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.77% | 0.36% | +5.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.07% | 0.50% | +5.57% |