IBTL vs. TDG
IBTL (iShares iBonds Dec 2031 Term Treasury ETF) is Government Bonds fund tracking the ICE 2031 Maturity US Treasury Index, while TDG (TransDigm Group Incorporated) is a stock. Over the past 3 years, IBTL returned 3.19%/yr vs 22.32%/yr for TDG. At a 0.07 correlation, their price movements are largely independent.
Performance
IBTL vs. TDG - 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 TDG's -5.55% return.
IBTL
- 1D
- -0.15%
- 1M
- 0.59%
- YTD
- -0.37%
- 6M
- -0.06%
- 1Y
- 3.51%
- 3Y*
- 3.19%
- 5Y*
- —
- 10Y*
- —
TDG
- 1D
- -0.12%
- 1M
- 9.32%
- YTD
- -5.55%
- 6M
- -2.98%
- 1Y
- -6.75%
- 3Y*
- 22.32%
- 5Y*
- 17.95%
- 10Y*
- 22.72%
IBTL vs. TDG - 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% |
TDG TransDigm Group Incorporated | -5.55% | 12.15% | 32.27% | 66.57% | 1.77% | 4.52% |
Correlation
The correlation between IBTL and TDG is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.09 |
Correlation (All Time) Calculated using the full available price history since Aug 30, 2021 | 0.07 |
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Return for Risk
IBTL vs. TDG — Risk / Return Rank
IBTL
TDG
IBTL vs. TDG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares iBonds Dec 2031 Term Treasury ETF (IBTL) and TransDigm Group Incorporated (TDG). 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 | TDG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.17 | ||
| Sortino ratioReturn per unit of downside risk | +1.57 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 0.98 | +0.18 |
| Calmar ratioReturn relative to maximum drawdown | 1.16 | -0.26 | +1.42 |
| Martin ratioReturn relative to average drawdown | 3.19 | -0.44 | +3.64 |
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Drawdowns
IBTL vs. TDG - Drawdown Comparison
The maximum IBTL drawdown since its inception was -20.93%, smaller than the maximum TDG drawdown of -62.64%. Use the drawdown chart below to compare losses from any high point for IBTL and TDG.
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Drawdown Indicators
| IBTL | TDG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.93% | -62.64% | +41.71% |
Max Drawdown (1Y)Largest decline over 1 year | -2.83% | -25.30% | +22.47% |
Max Drawdown (3Y)Largest decline over 3 years | -7.38% | -25.30% | +17.92% |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.30% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -62.64% | — |
Current DrawdownCurrent decline from peak | -7.16% | -17.18% | +10.02% |
Average DrawdownAverage peak-to-trough decline | -11.43% | -7.95% | -3.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.03% | 14.75% | -13.72% |
Volatility
IBTL vs. TDG - Volatility Comparison
The current volatility for iShares iBonds Dec 2031 Term Treasury ETF (IBTL) is 1.11%, while TransDigm Group Incorporated (TDG) has a volatility of 9.84%. This indicates that IBTL experiences smaller price fluctuations and is considered to be less risky than TDG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IBTL | TDG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.11% | 9.84% | -8.73% |
Volatility (6M)Calculated over the trailing 6-month period | 2.41% | 21.88% | -19.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.50% | 28.32% | -24.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.44% | 27.96% | -20.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.44% | 33.83% | -26.39% |
Dividends
IBTL vs. TDG - Dividend Comparison
IBTL's dividend yield for the trailing twelve months is around 3.97%, less than TDG's 7.17% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
TDG TransDigm Group Incorporated | 7.17% | 6.77% | 5.92% | 3.46% | 2.94% | 0.00% | 0.00% | 11.16% | 0.00% | 8.01% | 9.64% |
Frequently Asked Questions
IBTL and TDG have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TDG has higher volatility (9.84%) compared to IBTL (1.11%). In terms of maximum drawdown, IBTL dropped -20.93% vs TDG's -62.64%.
IBTL currently has the higher Sharpe Ratio (0.94 vs -0.23), 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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