IBTR vs. GBIL

Last updated Jul 12, 2026

IBTR (iShares iBonds Dec 2036 Term Treasury ETF) and GBIL (Goldman Sachs Access Treasury 0-1 Year ETF) are both Government Bonds funds - IBTR tracks the ICE 2036 Maturity US Treasury Index while GBIL tracks the FTSE US Treasury 0-1 Year Composite Select Index. Both are passively managed. At a 0.16 correlation, their price movements are largely independent. IBTR charges 0.07%/yr vs 0.12%/yr for GBIL.

Performance

IBTR vs. GBIL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares iBonds Dec 2036 Term Treasury ETF (IBTR) and Goldman Sachs Access Treasury 0-1 Year ETF (GBIL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

IBTR

• 1D: -0.12%
• 1M: -0.45%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

GBIL

• 1D: 0.03%
• 1M: 0.29%
• 6M: 1.71%
• YTD: 1.79%
• 1Y: 3.82%
• 3Y*: 4.60%
• 5Y*: 3.39%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

IBTR vs. GBIL - Yearly Performance Comparison

	2026 (YTD)
IBTR iShares iBonds Dec 2036 Term Treasury ETF	-0.16%
GBIL Goldman Sachs Access Treasury 0-1 Year ETF	1.04%

Correlation

The correlation between IBTR and GBIL is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 26, 2026	0.16

Return for Risk

IBTR vs. GBIL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IBTR

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

GBIL

GBIL Risk / Return Rank: 100
GBIL Sharpe Ratio Rank: 100
GBIL Sortino Ratio Rank: 100
GBIL Omega Ratio Rank: 100
GBIL Calmar Ratio Rank: 100
GBIL Martin Ratio Rank: 100

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

IBTR vs. GBIL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares iBonds Dec 2036 Term Treasury ETF (IBTR) and Goldman Sachs Access Treasury 0-1 Year ETF (GBIL). 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.

	IBTR	GBIL	Difference
Sharpe ratio: Return per unit of total volatility	—	16.87	—
Sortino ratio: Return per unit of downside risk	—	109.20	—
Omega ratio: Gain probability vs. loss probability	—	48.19	—
Calmar ratio: Return relative to maximum drawdown	—	192.92	—
Martin ratio: Return relative to average drawdown	—	1,697.29	—

Drawdowns

IBTR vs. GBIL - Drawdown Comparison

The maximum IBTR drawdown since its inception was -2.88%, which is greater than GBIL's maximum drawdown of -0.76%. Use the drawdown chart below to compare losses from any high point for IBTR and GBIL.

Drawdown Indicators

	IBTR	GBIL	Difference
Max Drawdown Largest peak-to-trough decline	-2.88%	-0.76%	-2.12%
Max Drawdown (1Y) Largest decline over 1 year	—	-0.02%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-0.76%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-0.76%	—
Current Drawdown Current decline from peak	-1.41%	0.00%	-1.41%
Average Drawdown Average peak-to-trough decline	-0.92%	-0.04%	-0.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.00%	—

Volatility

Volatility by Period

	IBTR	GBIL	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.06%	—
Volatility (6M) Calculated over the trailing 6-month period	—	0.14%	—
Volatility (1Y) Calculated over the trailing 1-year period	5.42%	0.23%	+5.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.42%	0.58%	+4.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.42%	0.47%	+4.95%

IBTR vs. GBIL - Expense Ratio Comparison

IBTR has a 0.07% expense ratio, which is lower than GBIL's 0.12% 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

IBTR vs. GBIL - Dividend Comparison

IBTR's dividend yield for the trailing twelve months is around 1.00%, less than GBIL's 3.71% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
GBIL Goldman Sachs Access Treasury 0-1 Year ETF	3.71%	4.02%	4.93%	4.77%	1.37%	0.00%	0.81%	2.20%	1.70%	0.74%	0.11%
IBTR iShares iBonds Dec 2036 Term Treasury ETF	1.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both IBTR and GBIL in my portfolio?

IBTR and GBIL have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, IBTR or GBIL?

On fees, IBTR is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IBTR or GBIL?

IBTR is cheaper with a 0.07% expense ratio, compared with 0.12% for GBIL.

Which ETF pays a higher dividend yield, IBTR or GBIL?

GBIL has the higher dividend yield at 3.71%, compared with 1.00% for IBTR.

What is the main difference between IBTR and GBIL?

IBTR tracks ICE 2036 Maturity US Treasury Index, while GBIL tracks FTSE US Treasury 0-1 Year Composite Select Index. They also come from different issuers: iShares and Goldman Sachs. Their fees differ too: 0.07% for IBTR and 0.12% for GBIL.