ILTB vs. DIAL
ILTB (iShares Core 10+ Year USD Bond ETF) and DIAL (Columbia Diversified Fixed Income Allocation ETF) are both exchange-traded funds - ILTB is a Long-Term Bond fund tracking the Bloomberg U.S. Universal 10+ Year Index (USD), while DIAL is a Multisector Bonds fund tracking the Bloomberg Beta Advantage Multi-Sector Bond Index. Both are passively managed. Over the past 5 years, ILTB returned -3.11%/yr vs 0.76%/yr for DIAL. A 0.72 correlation means they provide meaningful diversification when combined. ILTB charges 0.06%/yr vs 0.29%/yr for DIAL.
Performance
ILTB vs. DIAL - Performance Comparison
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Returns By Period
In the year-to-date period, ILTB achieves a 1.14% return, which is significantly lower than DIAL's 1.41% return.
ILTB
- 1D
- 0.34%
- 1M
- 2.86%
- YTD
- 1.14%
- 6M
- 1.09%
- 1Y
- 7.33%
- 3Y*
- 2.83%
- 5Y*
- -3.11%
- 10Y*
- 1.30%
DIAL
- 1D
- 0.11%
- 1M
- 1.59%
- YTD
- 1.41%
- 6M
- 1.68%
- 1Y
- 6.68%
- 3Y*
- 5.92%
- 5Y*
- 0.76%
- 10Y*
- —
ILTB vs. DIAL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ILTB iShares Core 10+ Year USD Bond ETF | 1.14% | 7.22% | -3.00% | 8.04% | -26.62% | -2.67% | 16.10% | 19.61% | -5.10% | 2.84% |
DIAL Columbia Diversified Fixed Income Allocation ETF | 1.41% | 9.93% | 1.69% | 8.54% | -16.13% | -1.14% | 9.08% | 14.05% | -1.98% | 0.15% |
Correlation
The correlation between ILTB and DIAL is 0.85, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.85 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.89 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.84 |
Correlation (All Time) Calculated using the full available price history since Oct 12, 2017 | 0.72 |
The correlation between ILTB and DIAL shifts across timeframes, from 0.72 (all time) to 0.89 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
ILTB vs. DIAL — Risk / Return Rank
ILTB
DIAL
ILTB vs. DIAL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core 10+ Year USD Bond ETF (ILTB) and Columbia Diversified Fixed Income Allocation ETF (DIAL). 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.
| ILTB | DIAL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.68 | ||
| Sortino ratioReturn per unit of downside risk | -1.01 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.30 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 1.36 | 2.01 | -0.65 |
| Martin ratioReturn relative to average drawdown | 3.37 | 7.68 | -4.31 |
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Drawdowns
ILTB vs. DIAL - Drawdown Comparison
The maximum ILTB drawdown since its inception was -36.88%, which is greater than DIAL's maximum drawdown of -22.19%. Use the drawdown chart below to compare losses from any high point for ILTB and DIAL.
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Drawdown Indicators
| ILTB | DIAL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.88% | -22.19% | -14.69% |
Max Drawdown (1Y)Largest decline over 1 year | -5.42% | -3.34% | -2.08% |
Max Drawdown (3Y)Largest decline over 3 years | -14.60% | -7.01% | -7.59% |
Max Drawdown (5Y)Largest decline over 5 years | -35.22% | -22.19% | -13.03% |
Max Drawdown (10Y)Largest decline over 10 years | -36.88% | — | — |
Current DrawdownCurrent decline from peak | -20.62% | -0.36% | -20.26% |
Average DrawdownAverage peak-to-trough decline | -9.94% | -5.52% | -4.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.18% | 0.87% | +1.31% |
Volatility
ILTB vs. DIAL - Volatility Comparison
iShares Core 10+ Year USD Bond ETF (ILTB) has a higher volatility of 2.16% compared to Columbia Diversified Fixed Income Allocation ETF (DIAL) at 1.47%. This indicates that ILTB's price experiences larger fluctuations and is considered to be riskier than DIAL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ILTB | DIAL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.16% | 1.47% | +0.69% |
Volatility (6M)Calculated over the trailing 6-month period | 5.66% | 3.33% | +2.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.75% | 4.11% | +3.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.64% | 7.04% | +5.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.57% | 7.02% | +4.55% |
ILTB vs. DIAL - Expense Ratio Comparison
ILTB has a 0.06% expense ratio, which is lower than DIAL's 0.29% expense ratio.
Dividends
ILTB vs. DIAL - Dividend Comparison
ILTB's dividend yield for the trailing twelve months is around 4.92%, less than DIAL's 5.02% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DIAL Columbia Diversified Fixed Income Allocation ETF | 5.02% | 4.81% | 4.67% | 3.77% | 3.47% | 2.46% | 2.61% | 3.27% | 3.56% | 0.65% | 0.00% | 0.00% |
ILTB iShares Core 10+ Year USD Bond ETF | 4.92% | 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
ILTB and DIAL have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ILTB has higher volatility (2.16%) compared to DIAL (1.47%). In terms of maximum drawdown, ILTB dropped -36.88% vs DIAL's -22.19%.
On 5-year performance, DIAL leads with 0.76% vs -3.11% for ILTB. On fees, ILTB is cheaper at 0.06% per year. On volatility, DIAL has been the lower-risk option at 1.47%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, DIAL has performed better with a 0.76% return vs -3.11%. 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 0.29% for DIAL.
DIAL has the higher dividend yield at 5.02%, compared with 4.92% for ILTB.
ILTB is categorized as Long-Term Bond, while DIAL is Multisector Bonds. ILTB tracks Bloomberg U.S. Universal 10+ Year Index (USD), while DIAL tracks Bloomberg Beta Advantage Multi-Sector Bond Index. They also come from different issuers: iShares and Ameriprise Financial. Their fees differ too: 0.06% for ILTB and 0.29% for DIAL.
DIAL currently has the higher Sharpe Ratio (1.63 vs 0.95), 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.
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