IBTR vs. TLTX
IBTR (iShares iBonds Dec 2036 Term Treasury ETF) and TLTX (Global X Treasury Bond Enhanced Income ETF) are both Government Bonds funds. IBTR is passively managed, while TLTX is actively managed. Their 0.65 correlation means they have sometimes moved together and sometimes differently. IBTR charges 0.07%/yr vs 0.29%/yr for TLTX.
Performance
IBTR vs. TLTX - Performance Comparison
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Returns By Period
IBTR
- 1D
- -0.38%
- 1M
- -1.56%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
TLTX
- 1D
- -1.91%
- 1M
- -3.51%
- 6M
- -2.90%
- YTD
- -3.11%
- 1Y
- -0.67%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 2.62%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $481.12K | $362.65K | $277.01K | |
| $202.98K | $200.23K | $333.11K |
IBTR vs. TLTX - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
IBTR iShares iBonds Dec 2036 Term Treasury ETF | -1.13% |
TLTX Global X Treasury Bond Enhanced Income ETF | -3.20% |
Correlation
The correlation between IBTR and TLTX is 0.65, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Mar 26, 2026 | 0.65 |
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Return for Risk
IBTR vs. TLTX — Risk / Return Rank
IBTR
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
TLTX
IBTR vs. TLTX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares iBonds Dec 2036 Term Treasury ETF (IBTR) and Global X Treasury Bond Enhanced Income ETF (TLTX). 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 | TLTX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.00 | — |
| Calmar ratioReturn relative to maximum drawdown | — | -0.08 | — |
| Martin ratioReturn relative to average drawdown | — | -0.17 | — |
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Drawdowns
IBTR vs. TLTX - Drawdown Comparison
The maximum IBTR drawdown since its inception was -2.88%, smaller than the maximum TLTX drawdown of -6.70%. Use the drawdown chart below to compare losses from any high point for IBTR and TLTX.
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Drawdown Indicators
| IBTR | TLTX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -2.88% | -6.70% | +3.82% |
Max Drawdown (1Y)Largest decline over 1 year | — | -6.70% | — |
Current DrawdownCurrent decline from peak | -2.36% | -6.70% | +4.34% |
Average DrawdownAverage peak-to-trough decline | -1.07% | -2.49% | +1.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 3.03% | — |
Volatility
IBTR vs. TLTX - Volatility Comparison
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Volatility by Period
| IBTR | TLTX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 2.95% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 7.29% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 5.28% | 9.44% | -4.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.28% | 9.44% | -4.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.28% | 9.44% | -4.16% |
IBTR vs. TLTX - Expense Ratio Comparison
IBTR has a 0.07% expense ratio, which is lower than TLTX's 0.29% expense ratio.
Dividends
IBTR vs. TLTX - Dividend Comparison
IBTR's dividend yield for the trailing twelve months is around 1.01%, less than TLTX's 19.30% yield.
| Position | TTM | 2025 |
|---|---|---|
IBTR iShares iBonds Dec 2036 Term Treasury ETF | 1.01% | 0.00% |
TLTX Global X Treasury Bond Enhanced Income ETF | 19.30% | 7.54% |
Frequently Asked Questions
IBTR and TLTX have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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.
IBTR is cheaper with a 0.07% expense ratio, compared with 0.29% for TLTX.
TLTX has the higher dividend yield at 19.30%, compared with 1.01% for IBTR.
They also come from different issuers: iShares and Global X. Their fees differ too: 0.07% for IBTR and 0.29% for TLTX.
Find the right allocation for IBTR and TLTX
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