IBTJ vs. THTA
IBTJ (iShares iBonds Dec 2029 Term Treasury ETF) and THTA (SoFi Enhanced Yield ETF) are both exchange-traded funds - IBTJ is a Government Bonds fund tracking the ICE 2029 Maturity US Treasury Index, while THTA is a Derivative Income fund actively managed by SoFi. IBTJ is passively managed, while THTA is actively managed. Over the past year, IBTJ returned 3.49% vs 16.78% for THTA. At a correlation of -0.03, they often move in opposite directions. IBTJ charges 0.07%/yr vs 0.49%/yr for THTA.
Performance
IBTJ vs. THTA - Performance Comparison
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Returns By Period
In the year-to-date period, IBTJ achieves a -0.10% return, which is significantly lower than THTA's 6.86% return.
IBTJ
- 1D
- -0.14%
- 1M
- -0.10%
- YTD
- -0.10%
- 6M
- 0.01%
- 1Y
- 3.49%
- 3Y*
- 3.51%
- 5Y*
- 0.06%
- 10Y*
- —
THTA
- 1D
- -0.02%
- 1M
- 0.56%
- YTD
- 6.86%
- 6M
- 8.04%
- 1Y
- 16.78%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IBTJ vs. THTA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
IBTJ iShares iBonds Dec 2029 Term Treasury ETF | -0.10% | 6.89% | 1.82% | 4.07% |
THTA SoFi Enhanced Yield ETF | 6.86% | -10.24% | 7.31% | 1.04% |
Correlation
The correlation between IBTJ and THTA is 0.01, 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 (1Y) Calculated over the trailing 1-year period | 0.01 |
Correlation (All Time) Calculated using the full available price history since Nov 16, 2023 | -0.03 |
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Return for Risk
IBTJ vs. THTA — Risk / Return Rank
IBTJ
THTA
IBTJ vs. THTA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares iBonds Dec 2029 Term Treasury ETF (IBTJ) and SoFi Enhanced Yield ETF (THTA). 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 | THTA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.47 | ||
| Sortino ratioReturn per unit of downside risk | -2.05 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.75 | -0.49 |
| Calmar ratioReturn relative to maximum drawdown | 2.17 | 6.39 | -4.22 |
| Martin ratioReturn relative to average drawdown | 6.23 | 52.08 | -45.85 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| IBTJ | THTA | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.44 | 2.91 | -1.47 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.01 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.02 | 0.08 | -0.10 |
Drawdowns
IBTJ vs. THTA - Drawdown Comparison
The maximum IBTJ drawdown since its inception was -20.19%, smaller than the maximum THTA drawdown of -31.41%. Use the drawdown chart below to compare losses from any high point for IBTJ and THTA.
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Drawdown Indicators
| IBTJ | THTA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.19% | -31.41% | +11.22% |
Max Drawdown (1Y)Largest decline over 1 year | -1.62% | -2.64% | +1.02% |
Max Drawdown (3Y)Largest decline over 3 years | -4.47% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -17.21% | — | — |
Current DrawdownCurrent decline from peak | -6.30% | -6.79% | +0.49% |
Average DrawdownAverage peak-to-trough decline | -9.73% | -7.52% | -2.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.56% | 0.32% | +0.24% |
Volatility
IBTJ vs. THTA - Volatility Comparison
The current volatility for iShares iBonds Dec 2029 Term Treasury ETF (IBTJ) is 0.64%, while SoFi Enhanced Yield ETF (THTA) has a volatility of 0.75%. This indicates that IBTJ experiences smaller price fluctuations and is considered to be less risky than THTA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IBTJ | THTA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.64% | 0.75% | -0.11% |
Volatility (6M)Calculated over the trailing 6-month period | 1.56% | 4.00% | -2.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.43% | 5.80% | -3.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.74% | 20.25% | -14.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.99% | 20.25% | -14.26% |
IBTJ vs. THTA - Expense Ratio Comparison
IBTJ has a 0.07% expense ratio, which is lower than THTA's 0.49% expense ratio.
Dividends
IBTJ vs. THTA - Dividend Comparison
IBTJ's dividend yield for the trailing twelve months is around 3.81%, less than THTA's 11.26% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
IBTJ iShares iBonds Dec 2029 Term Treasury ETF | 3.81% | 3.78% | 3.95% | 3.48% | 1.86% | 0.74% | 0.61% |
THTA SoFi Enhanced Yield ETF | 11.26% | 12.66% | 12.44% | 0.58% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
IBTJ and THTA have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
THTA has higher volatility (0.75%) compared to IBTJ (0.64%). In terms of maximum drawdown, IBTJ dropped -20.19% vs THTA's -31.41%.
On 1-year performance, THTA leads with 16.78% vs 3.49% for IBTJ. On fees, IBTJ is cheaper at 0.07% per year. On volatility, IBTJ has been the lower-risk option at 0.64%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, THTA has performed better with a 16.78% return vs 3.49%. 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 0.49% for THTA.
THTA has the higher dividend yield at 11.26%, compared with 3.81% for IBTJ.
IBTJ is categorized as Government Bonds, while THTA is Derivative Income. They also come from different issuers: iShares and SoFi. Their fees differ too: 0.07% for IBTJ and 0.49% for THTA.
THTA currently has the higher Sharpe Ratio (2.91 vs 1.44), 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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