IEF vs. TUA
Compare and contrast key facts about iShares 7-10 Year Treasury Bond ETF (IEF) and Simplify Short Term Treasury Futures Strategy ETF (TUA).
IEF and TUA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IEF is a passively managed fund by iShares that tracks the performance of the Barclays Capital U.S. 7-10 Year Treasury Bond Index. It was launched on Jul 26, 2002. TUA is an actively managed fund by Simplify. It was launched on Nov 14, 2022.
Performance
IEF vs. TUA - Performance Comparison
Loading graphics...
IEF vs. TUA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
IEF iShares 7-10 Year Treasury Bond ETF | -0.22% | 8.03% | -0.63% | 3.64% | -0.27% |
TUA Simplify Short Term Treasury Futures Strategy ETF | -3.40% | 7.27% | -3.59% | -2.04% | -0.81% |
Returns By Period
In the year-to-date period, IEF achieves a -0.22% return, which is significantly higher than TUA's -3.40% return.
IEF
- 1D
- -0.09%
- 1M
- -1.82%
- YTD
- -0.22%
- 6M
- 0.37%
- 1Y
- 3.49%
- 3Y*
- 2.22%
- 5Y*
- -0.78%
- 10Y*
- 0.78%
TUA
- 1D
- -0.19%
- 1M
- -3.25%
- YTD
- -3.40%
- 6M
- -3.08%
- 1Y
- -0.70%
- 3Y*
- -1.88%
- 5Y*
- —
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
IEF vs. TUA - Expense Ratio Comparison
IEF has a 0.15% expense ratio, which is lower than TUA's 0.16% 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%.
Return for Risk
IEF vs. TUA — Risk / Return Rank
IEF
TUA
IEF vs. TUA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares 7-10 Year Treasury Bond ETF (IEF) and Simplify Short Term Treasury Futures Strategy ETF (TUA). 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.
| IEF | TUA | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.66 | -0.09 | +0.75 |
Sortino ratioReturn per unit of downside risk | 0.97 | -0.08 | +1.05 |
Omega ratioGain probability vs. loss probability | 1.11 | 0.99 | +0.12 |
Calmar ratioReturn relative to maximum drawdown | 1.20 | -0.10 | +1.30 |
Martin ratioReturn relative to average drawdown | 2.98 | -0.29 | +3.27 |
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 graphics...
Sharpe Ratios by Period
| IEF | TUA | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.66 | -0.09 | +0.75 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.10 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.12 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.51 | -0.08 | +0.59 |
Correlation
The correlation between IEF and TUA is 0.83, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
IEF vs. TUA - Dividend Comparison
IEF's dividend yield for the trailing twelve months is around 3.85%, more than TUA's 3.75% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IEF iShares 7-10 Year Treasury Bond ETF | 3.85% | 3.77% | 3.62% | 2.91% | 1.96% | 0.83% | 1.08% | 2.08% | 2.24% | 1.82% | 1.81% | 1.90% |
TUA Simplify Short Term Treasury Futures Strategy ETF | 3.75% | 3.84% | 5.19% | 4.83% | 0.15% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
IEF vs. TUA - Drawdown Comparison
The maximum IEF drawdown since its inception was -23.93%, which is greater than TUA's maximum drawdown of -15.85%. Use the drawdown chart below to compare losses from any high point for IEF and TUA.
Loading graphics...
Drawdown Indicators
| IEF | TUA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.93% | -15.85% | -8.08% |
Max Drawdown (1Y)Largest decline over 1 year | -3.22% | -6.04% | +2.82% |
Max Drawdown (5Y)Largest decline over 5 years | -21.40% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -23.93% | — | — |
Current DrawdownCurrent decline from peak | -10.96% | -8.17% | -2.79% |
Average DrawdownAverage peak-to-trough decline | -5.30% | -8.35% | +3.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.29% | 2.12% | -0.83% |
Volatility
IEF vs. TUA - Volatility Comparison
The current volatility for iShares 7-10 Year Treasury Bond ETF (IEF) is 1.91%, while Simplify Short Term Treasury Futures Strategy ETF (TUA) has a volatility of 3.08%. This indicates that IEF experiences smaller price fluctuations and is considered to be less risky than TUA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| IEF | TUA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.91% | 3.08% | -1.17% |
Volatility (6M)Calculated over the trailing 6-month period | 3.22% | 4.61% | -1.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.35% | 7.65% | -2.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.70% | 10.93% | -3.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.63% | 10.93% | -4.30% |