LVIG vs. IBGA

Last updated Jun 5, 2026

LVIG (Longview Advantage Fixed Income ETF) and IBGA (iShares iBonds Dec 2044 Term Treasury ETF) are both Intermediate Core Bond funds. LVIG is actively managed, while IBGA is passively managed. Their correlation of 0.94 suggests significant overlap in exposure. LVIG charges 0.34%/yr vs 0.07%/yr for IBGA.

Performance

LVIG vs. IBGA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Longview Advantage Fixed Income ETF (LVIG) and iShares iBonds Dec 2044 Term Treasury ETF (IBGA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

LVIG

• 1D: 0.02%
• 1M: -0.37%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

IBGA

• 1D: 0.20%
• 1M: 0.37%
• YTD: -0.17%
• 6M: -0.81%
• 1Y: 4.03%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

LVIG vs. IBGA - Yearly Performance Comparison

	2026 (YTD)
LVIG Longview Advantage Fixed Income ETF	-1.20%
IBGA iShares iBonds Dec 2044 Term Treasury ETF	-1.74%

Correlation

The correlation between LVIG and IBGA is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 11, 2026	0.94

Return for Risk

LVIG vs. IBGA — Risk / Return Rank

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

IBGA

IBGA Risk / Return Rank: 17
IBGA Sharpe Ratio Rank: 17
IBGA Sortino Ratio Rank: 16
IBGA Omega Ratio Rank: 16
IBGA Calmar Ratio Rank: 17
IBGA Martin Ratio Rank: 17

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.

LVIG vs. IBGA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Longview Advantage Fixed Income ETF (LVIG) and iShares iBonds Dec 2044 Term Treasury ETF (IBGA). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	LVIG	IBGA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.50	—
Sharpe Ratio (All Time) Calculated using the full available price history	-1.01	0.23	-1.23

Drawdowns

LVIG vs. IBGA - Drawdown Comparison

The maximum LVIG drawdown since its inception was -2.59%, smaller than the maximum IBGA drawdown of -11.69%. Use the drawdown chart below to compare losses from any high point for LVIG and IBGA.

Drawdown Indicators

	LVIG	IBGA	Difference
Max Drawdown Largest peak-to-trough decline	-2.59%	-11.69%	+9.10%
Max Drawdown (1Y) Largest decline over 1 year	—	-6.60%	—
Current Drawdown Current decline from peak	-1.30%	-4.47%	+3.17%
Average Drawdown Average peak-to-trough decline	-1.01%	-5.05%	+4.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.41%	—

Volatility

Volatility by Period

	LVIG	IBGA	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.56%	—
Volatility (6M) Calculated over the trailing 6-month period	—	5.68%	—
Volatility (1Y) Calculated over the trailing 1-year period	4.97%	8.21%	-3.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.97%	9.86%	-4.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.97%	9.86%	-4.89%

LVIG vs. IBGA - Expense Ratio Comparison

LVIG has a 0.34% expense ratio, which is higher than IBGA's 0.07% expense ratio.

Dividends

LVIG vs. IBGA - Dividend Comparison

LVIG has not paid dividends to shareholders, while IBGA's dividend yield for the trailing twelve months is around 4.65%.

Position	TTM	2025	2024
IBGA iShares iBonds Dec 2044 Term Treasury ETF	4.65%	4.49%	2.03%
LVIG Longview Advantage Fixed Income ETF	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both LVIG and IBGA in my portfolio?

With a correlation of 0.94, LVIG and IBGA 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.

Which ETF is better, LVIG or IBGA?

On fees, IBGA is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, LVIG or IBGA?

IBGA is cheaper with a 0.07% expense ratio, compared with 0.34% for LVIG.

Which ETF pays a higher dividend yield, LVIG or IBGA?

IBGA has the higher dividend yield at 4.65%, compared with 0.00% for LVIG.

What is the main difference between LVIG and IBGA?

They also come from different issuers: Longview and iShares. Their fees differ too: 0.34% for LVIG and 0.07% for IBGA.