ILTB vs. BBBL
ILTB (iShares Core 10+ Year USD Bond ETF) and BBBL (Bondbloxx BBB Rated 10+ Year Corporate Bond ETF) are both Long-Term Bond funds - ILTB tracks the Bloomberg U.S. Universal 10+ Year Index (USD) while BBBL tracks the Bloomberg U.S. Corporate BBB 10+ Year Index - Benchmark TR Gross. Both are passively managed. Over the past year, ILTB returned 7.17% vs 7.90% for BBBL. With a 0.96 correlation, they move nearly in lockstep. ILTB charges 0.06%/yr vs 0.19%/yr for BBBL.
Performance
ILTB vs. BBBL - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ILTB achieves a 0.30% return, which is significantly lower than BBBL's 1.22% return.
ILTB
- 1D
- -0.33%
- 1M
- 1.04%
- YTD
- 0.30%
- 6M
- -0.71%
- 1Y
- 7.17%
- 3Y*
- 2.78%
- 5Y*
- -2.88%
- 10Y*
- 1.32%
BBBL
- 1D
- -0.39%
- 1M
- 1.64%
- YTD
- 1.22%
- 6M
- 0.19%
- 1Y
- 7.90%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ILTB vs. BBBL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
ILTB iShares Core 10+ Year USD Bond ETF | 0.30% | 7.22% | 0.26% |
BBBL Bondbloxx BBB Rated 10+ Year Corporate Bond ETF | 1.22% | 7.02% | 0.89% |
Correlation
The correlation between ILTB and BBBL is 0.95 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.95 |
Correlation (All Time) Calculated using the full available price history since Jan 26, 2024 | 0.96 |
The correlation between ILTB and BBBL has been stable across timeframes, ranging from 0.95 to 0.96 - a consistent structural relationship.
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
ILTB vs. BBBL — Risk / Return Rank
ILTB
BBBL
ILTB vs. BBBL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core 10+ Year USD Bond ETF (ILTB) and Bondbloxx BBB Rated 10+ Year Corporate Bond ETF (BBBL). 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.
| ILTB | BBBL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.10 | ||
| Sortino ratioReturn per unit of downside risk | -0.14 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.18 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 1.33 | 1.46 | -0.13 |
| Martin ratioReturn relative to average drawdown | 3.38 | 3.65 | -0.27 |
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 charts...
Sharpe Ratios by Period
| ILTB | BBBL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.91 | 1.01 | -0.10 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.23 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.11 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.35 | 0.39 | -0.05 |
Drawdowns
ILTB vs. BBBL - Drawdown Comparison
The maximum ILTB drawdown since its inception was -36.88%, which is greater than BBBL's maximum drawdown of -9.43%. Use the drawdown chart below to compare losses from any high point for ILTB and BBBL.
Loading charts...
Drawdown Indicators
| ILTB | BBBL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.88% | -9.43% | -27.45% |
Max Drawdown (1Y)Largest decline over 1 year | -5.42% | -5.45% | +0.03% |
Max Drawdown (3Y)Largest decline over 3 years | -14.60% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -35.22% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -36.88% | — | — |
Current DrawdownCurrent decline from peak | -21.28% | -1.89% | -19.39% |
Average DrawdownAverage peak-to-trough decline | -9.92% | -3.31% | -6.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.13% | 2.17% | -0.04% |
Volatility
ILTB vs. BBBL - Volatility Comparison
iShares Core 10+ Year USD Bond ETF (ILTB) and Bondbloxx BBB Rated 10+ Year Corporate Bond ETF (BBBL) have volatilities of 2.50% and 2.45%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ILTB | BBBL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.50% | 2.45% | +0.05% |
Volatility (6M)Calculated over the trailing 6-month period | 5.54% | 5.75% | -0.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.88% | 7.86% | +0.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.64% | 9.80% | +2.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.56% | 9.80% | +1.76% |
ILTB vs. BBBL - Expense Ratio Comparison
ILTB has a 0.06% expense ratio, which is lower than BBBL's 0.19% 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
ILTB vs. BBBL - Dividend Comparison
ILTB's dividend yield for the trailing twelve months is around 4.96%, less than BBBL's 5.74% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BBBL Bondbloxx BBB Rated 10+ Year Corporate Bond ETF | 5.74% | 5.77% | 5.19% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ILTB iShares Core 10+ Year USD Bond ETF | 4.96% | 4.83% | 4.91% | 4.38% | 4.31% | 3.04% | 3.32% | 3.45% | 4.13% | 3.97% | 3.99% | 4.20% |
Frequently Asked Questions
With a correlation of 0.95, ILTB and BBBL move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
ILTB has higher volatility (2.50%) compared to BBBL (2.45%). In terms of maximum drawdown, ILTB dropped -36.88% vs BBBL's -9.43%.
On 1-year performance, BBBL leads with 7.90% vs 7.17% for ILTB. On fees, ILTB is cheaper at 0.06% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, BBBL has performed better with a 7.90% return vs 7.17%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
ILTB is cheaper with a 0.06% expense ratio, compared with 0.19% for BBBL.
BBBL has the higher dividend yield at 5.74%, compared with 4.96% for ILTB.
ILTB tracks Bloomberg U.S. Universal 10+ Year Index (USD), while BBBL tracks Bloomberg U.S. Corporate BBB 10+ Year Index - Benchmark TR Gross. They also come from different issuers: iShares and BondBloxx. Their fees differ too: 0.06% for ILTB and 0.19% for BBBL.
BBBL currently has the higher Sharpe Ratio (1.01 vs 0.91), 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.
Find the right allocation for ILTB and BBBL
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