IBTO vs. DDV
IBTO (iShares iBonds Dec 2033 Term Treasury ETF) and DDV (Defined Duration 5 ETF) are both Intermediate Core Bond funds. IBTO is passively managed, while DDV is actively managed. A 0.68 correlation means they provide meaningful diversification when combined. IBTO charges 0.07%/yr vs 0.25%/yr for DDV.
Performance
IBTO vs. DDV - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IBTO achieves a -0.58% return, which is significantly lower than DDV's 2.23% return.
IBTO
- 1D
- -0.21%
- 1M
- -0.17%
- YTD
- -0.58%
- 6M
- -1.02%
- 1Y
- 4.04%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
DDV
- 1D
- -0.02%
- 1M
- 0.73%
- YTD
- 2.23%
- 6M
- 2.65%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IBTO vs. DDV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
IBTO iShares iBonds Dec 2033 Term Treasury ETF | -0.58% | 0.19% |
DDV Defined Duration 5 ETF | 2.23% | 0.71% |
Correlation
The correlation between IBTO and DDV is 0.68, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 14, 2025 | 0.68 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IBTO vs. DDV — Risk / Return Rank
IBTO
DDV
IBTO vs. DDV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares iBonds Dec 2033 Term Treasury ETF (IBTO) and Defined Duration 5 ETF (DDV). 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.
| IBTO | DDV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.16 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.11 | — | — |
| Martin ratioReturn relative to average drawdown | 3.21 | — | — |
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 charts...
Sharpe Ratios by Period
| IBTO | DDV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.91 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.43 | 2.06 | -1.63 |
Drawdowns
IBTO vs. DDV - Drawdown Comparison
The maximum IBTO drawdown since its inception was -8.36%, which is greater than DDV's maximum drawdown of -1.92%. Use the drawdown chart below to compare losses from any high point for IBTO and DDV.
Loading charts...
Drawdown Indicators
| IBTO | DDV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -8.36% | -1.92% | -6.44% |
Max Drawdown (1Y)Largest decline over 1 year | -3.66% | — | — |
Current DrawdownCurrent decline from peak | -2.63% | -0.12% | -2.51% |
Average DrawdownAverage peak-to-trough decline | -2.37% | -0.35% | -2.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.26% | — | — |
Volatility
IBTO vs. DDV - Volatility Comparison
Loading charts...
Volatility by Period
| IBTO | DDV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.32% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 3.02% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 4.46% | 2.68% | +1.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.61% | 2.68% | +3.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.61% | 2.68% | +3.93% |
IBTO vs. DDV - Expense Ratio Comparison
IBTO has a 0.07% expense ratio, which is lower than DDV's 0.25% 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
IBTO vs. DDV - Dividend Comparison
IBTO's dividend yield for the trailing twelve months is around 4.15%, more than DDV's 1.21% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
DDV Defined Duration 5 ETF | 1.21% | 0.42% | 0.00% | 0.00% |
IBTO iShares iBonds Dec 2033 Term Treasury ETF | 4.15% | 4.05% | 4.23% | 1.66% |
Frequently Asked Questions
IBTO and DDV have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IBTO is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IBTO is cheaper with a 0.07% expense ratio, compared with 0.25% for DDV.
IBTO has the higher dividend yield at 4.15%, compared with 1.21% for DDV.
They also come from different issuers: iShares and Discipline Funds. Their fees differ too: 0.07% for IBTO and 0.25% for DDV.
Find the right allocation for IBTO and DDV
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer