JUCY vs. IBTM

Last updated Jun 23, 2026

JUCY (Aptus Enhanced Yield ETF) and IBTM (iShares iBonds Dec 2032 Term Treasury ETF) are both Intermediate Core Bond funds. JUCY is actively managed, while IBTM is passively managed. Over the past 3 years, JUCY returned 4.45%/yr vs 2.71%/yr for IBTM. At a 0.22 correlation, their price movements are largely independent. JUCY charges 0.60%/yr vs 0.07%/yr for IBTM.

Performance

JUCY vs. IBTM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Aptus Enhanced Yield ETF (JUCY) and iShares iBonds Dec 2032 Term Treasury ETF (IBTM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JUCY achieves a 2.71% return, which is significantly higher than IBTM's -0.61% return.

JUCY

• 1D: -0.09%
• 1M: 0.04%
• YTD: 2.71%
• 6M: 2.71%
• 1Y: 7.03%
• 3Y*: 4.45%
• 5Y*: —
• 10Y*: —

IBTM

• 1D: -0.31%
• 1M: 0.33%
• YTD: -0.61%
• 6M: -0.56%
• 1Y: 3.09%
• 3Y*: 2.71%
• 5Y*: —
• 10Y*: —

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

JUCY vs. IBTM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
JUCY Aptus Enhanced Yield ETF	2.71%	5.50%	3.89%	3.27%	0.54%
IBTM iShares iBonds Dec 2032 Term Treasury ETF	-0.61%	8.06%	-0.14%	3.48%	2.58%

Correlation

The correlation between JUCY and IBTM is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.32
Correlation (3Y) Calculated over the trailing 3-year period	0.23
Correlation (All Time) Calculated using the full available price history since Nov 1, 2022	0.22

Return for Risk

JUCY vs. IBTM — Risk / Return Rank

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

JUCY

JUCY Risk / Return Rank: 77
JUCY Sharpe Ratio Rank: 61
JUCY Sortino Ratio Rank: 66
JUCY Omega Ratio Rank: 68
JUCY Calmar Ratio Rank: 95
JUCY Martin Ratio Rank: 95

IBTM

IBTM Risk / Return Rank: 21
IBTM Sharpe Ratio Rank: 22
IBTM Sortino Ratio Rank: 21
IBTM Omega Ratio Rank: 19
IBTM Calmar Ratio Rank: 21
IBTM Martin Ratio Rank: 21

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.

JUCY vs. IBTM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Aptus Enhanced Yield ETF (JUCY) and iShares iBonds Dec 2032 Term Treasury ETF (IBTM). 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.

	JUCY	IBTM	Difference
Sharpe ratio: Return per unit of total volatility	1.97	0.77	+1.21
Sortino ratio: Return per unit of downside risk	2.93	1.16	+1.77
Omega ratio: Gain probability vs. loss probability	1.39	1.13	+0.26
Calmar ratio: Return relative to maximum drawdown	7.53	0.95	+6.58
Martin ratio: Return relative to average drawdown	29.57	2.51	+27.06

JUCY vs. IBTM - Sharpe Ratio Comparison

The current JUCY Sharpe Ratio is 1.97, which is higher than the IBTM Sharpe Ratio of 0.77. The chart below compares the historical Sharpe Ratios of JUCY and IBTM, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

JUCY vs. IBTM - Drawdown Comparison

The maximum JUCY drawdown since its inception was -1.56%, smaller than the maximum IBTM drawdown of -13.60%. Use the drawdown chart below to compare losses from any high point for JUCY and IBTM.

Drawdown Indicators

	JUCY	IBTM	Difference
Max Drawdown Largest peak-to-trough decline	-1.56%	-13.60%	+12.04%
Max Drawdown (1Y) Largest decline over 1 year	-0.94%	-3.26%	+2.32%
Max Drawdown (3Y) Largest decline over 3 years	-1.56%	-7.86%	+6.30%
Current Drawdown Current decline from peak	-0.41%	-2.49%	+2.08%
Average Drawdown Average peak-to-trough decline	-0.32%	-4.78%	+4.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.24%	1.23%	-0.99%

Volatility

JUCY vs. IBTM - Volatility Comparison

Aptus Enhanced Yield ETF (JUCY) and iShares iBonds Dec 2032 Term Treasury ETF (IBTM) have volatilities of 1.23% and 1.23%, 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.

Volatility by Period

	JUCY	IBTM	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.23%	1.23%	0.00%
Volatility (6M) Calculated over the trailing 6-month period	2.40%	2.89%	-0.49%
Volatility (1Y) Calculated over the trailing 1-year period	3.59%	4.05%	-0.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.36%	7.53%	-4.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.36%	7.53%	-4.17%

JUCY vs. IBTM - Expense Ratio Comparison

JUCY has a 0.60% expense ratio, which is higher than IBTM's 0.07% expense ratio.

Dividends

JUCY vs. IBTM - Dividend Comparison

JUCY's dividend yield for the trailing twelve months is around 8.25%, more than IBTM's 3.96% yield.

Position	TTM	2025	2024	2023	2022
IBTM iShares iBonds Dec 2032 Term Treasury ETF	3.96%	3.87%	3.96%	3.39%	1.38%
JUCY Aptus Enhanced Yield ETF	8.25%	7.98%	7.83%	9.31%	0.58%

Frequently Asked Questions

Can I hold both JUCY and IBTM in my portfolio?

JUCY and IBTM have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JUCY or IBTM?

IBTM has higher volatility (1.23%) compared to JUCY (1.23%). In terms of maximum drawdown, JUCY dropped -1.56% vs IBTM's -13.60%.

Which ETF is better, JUCY or IBTM?

On 3-year performance, JUCY leads with 4.45% vs 2.71% for IBTM. On fees, IBTM is cheaper at 0.07% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, JUCY or IBTM?

Over the 3-year period, JUCY has performed better with a 4.45% return vs 2.71%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, JUCY or IBTM?

IBTM is cheaper with a 0.07% expense ratio, compared with 0.60% for JUCY.

Which ETF pays a higher dividend yield, JUCY or IBTM?

JUCY has the higher dividend yield at 8.25%, compared with 3.96% for IBTM.

What is the main difference between JUCY and IBTM?

They also come from different issuers: Aptus and iShares. Their fees differ too: 0.60% for JUCY and 0.07% for IBTM.

Which has better risk-adjusted returns?

JUCY currently has the higher Sharpe Ratio (1.97 vs 0.77), 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.