IBTL vs. COR
IBTL (iShares iBonds Dec 2031 Term Treasury ETF) is Government Bonds fund tracking the ICE 2031 Maturity US Treasury Index, while COR (Cencora Inc.) is a stock. Over the past 3 years, IBTL returned 3.19%/yr vs 17.14%/yr for COR. At a 0.08 correlation, their price movements are largely independent.
Performance
IBTL vs. COR - Performance Comparison
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Returns By Period
In the year-to-date period, IBTL achieves a -0.37% return, which is significantly higher than COR's -16.27% return.
IBTL
- 1D
- -0.15%
- 1M
- 0.59%
- YTD
- -0.37%
- 6M
- -0.06%
- 1Y
- 3.51%
- 3Y*
- 3.19%
- 5Y*
- —
- 10Y*
- —
COR
- 1D
- 0.07%
- 1M
- 9.30%
- YTD
- -16.27%
- 6M
- -18.27%
- 1Y
- -3.97%
- 3Y*
- 17.14%
- 5Y*
- 20.65%
- 10Y*
- 17.47%
IBTL vs. COR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
IBTL iShares iBonds Dec 2031 Term Treasury ETF | -0.37% | 7.85% | 0.36% | 3.60% | -15.60% | -1.22% |
COR Cencora Inc. | -16.27% | 51.48% | 10.37% | 25.33% | 26.26% | 13.67% |
Correlation
The correlation between IBTL and COR is 0.10, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.12 |
Correlation (All Time) Calculated using the full available price history since Aug 30, 2021 | 0.08 |
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Return for Risk
IBTL vs. COR — Risk / Return Rank
IBTL
COR
IBTL vs. COR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares iBonds Dec 2031 Term Treasury ETF (IBTL) and Cencora Inc. (COR). 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.
| IBTL | COR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.07 | ||
| Sortino ratioReturn per unit of downside risk | +1.42 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.01 | +0.16 |
| Calmar ratioReturn relative to maximum drawdown | 1.16 | -0.12 | +1.28 |
| Martin ratioReturn relative to average drawdown | 3.19 | -0.33 | +3.52 |
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Drawdowns
IBTL vs. COR - Drawdown Comparison
The maximum IBTL drawdown since its inception was -20.93%, smaller than the maximum COR drawdown of -71.01%. Use the drawdown chart below to compare losses from any high point for IBTL and COR.
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Drawdown Indicators
| IBTL | COR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.93% | -71.01% | +50.08% |
Max Drawdown (1Y)Largest decline over 1 year | -2.83% | -32.44% | +29.61% |
Max Drawdown (3Y)Largest decline over 3 years | -7.38% | -32.44% | +25.06% |
Max Drawdown (5Y)Largest decline over 5 years | — | -32.44% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -32.44% | — |
Current DrawdownCurrent decline from peak | -7.16% | -24.54% | +17.38% |
Average DrawdownAverage peak-to-trough decline | -11.43% | -13.62% | +2.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.03% | 11.68% | -10.65% |
Volatility
IBTL vs. COR - Volatility Comparison
The current volatility for iShares iBonds Dec 2031 Term Treasury ETF (IBTL) is 1.11%, while Cencora Inc. (COR) has a volatility of 6.51%. This indicates that IBTL experiences smaller price fluctuations and is considered to be less risky than COR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IBTL | COR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.11% | 6.51% | -5.40% |
Volatility (6M)Calculated over the trailing 6-month period | 2.41% | 26.93% | -24.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.50% | 30.20% | -26.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.44% | 22.30% | -14.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.44% | 27.48% | -20.04% |
Dividends
IBTL vs. COR - Dividend Comparison
IBTL's dividend yield for the trailing twelve months is around 3.97%, more than COR's 0.83% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
COR Cencora Inc. | 0.83% | 0.67% | 0.93% | 0.96% | 1.13% | 5.13% | 6.74% | 7.48% | 2.07% | 1.61% | 1.77% | 1.17% |
IBTL iShares iBonds Dec 2031 Term Treasury ETF | 3.97% | 3.93% | 4.07% | 3.04% | 2.36% | 0.70% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
IBTL and COR have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
COR has higher volatility (6.51%) compared to IBTL (1.11%). In terms of maximum drawdown, IBTL dropped -20.93% vs COR's -71.01%.
IBTL currently has the higher Sharpe Ratio (0.94 vs -0.13), 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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