TDIV vs. IBDU
TDIV (First Trust NASDAQ Technology Dividend Index Fund) and IBDU (iShares iBonds Dec 2029 Term Corporate ETF) are both exchange-traded funds - TDIV is a Technology Equities fund tracking the NASDAQ Technology Dividend Index, while IBDU is a Corporate Bonds fund tracking the Bloomberg December 2029 Maturity Corporate Index. Both are passively managed. Over the past 5 years, TDIV returned 19.29%/yr vs 1.29%/yr for IBDU. At a 0.18 correlation, their price movements are largely independent. TDIV charges 0.50%/yr vs 0.10%/yr for IBDU.
Performance
TDIV vs. IBDU - Performance Comparison
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Returns By Period
In the year-to-date period, TDIV achieves a 30.57% return, which is significantly higher than IBDU's 0.54% return.
TDIV
- 1D
- -1.79%
- 1M
- 15.82%
- YTD
- 30.57%
- 6M
- 28.79%
- 1Y
- 53.63%
- 3Y*
- 33.27%
- 5Y*
- 19.29%
- 10Y*
- 19.34%
IBDU
- 1D
- -0.13%
- 1M
- 0.12%
- YTD
- 0.54%
- 6M
- 0.88%
- 1Y
- 4.76%
- 3Y*
- 5.73%
- 5Y*
- 1.29%
- 10Y*
- —
TDIV vs. IBDU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
TDIV First Trust NASDAQ Technology Dividend Index Fund | 30.57% | 25.27% | 24.43% | 36.71% | -22.13% | 29.49% | 17.55% | 7.84% |
IBDU iShares iBonds Dec 2029 Term Corporate ETF | 0.54% | 7.59% | 3.62% | 8.67% | -13.04% | -2.05% | 10.38% | 2.22% |
Correlation
The correlation between TDIV and IBDU is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.26 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.20 |
Correlation (All Time) Calculated using the full available price history since Sep 20, 2019 | 0.18 |
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Return for Risk
TDIV vs. IBDU — Risk / Return Rank
TDIV
IBDU
TDIV vs. IBDU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust NASDAQ Technology Dividend Index Fund (TDIV) and iShares iBonds Dec 2029 Term Corporate ETF (IBDU). 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.
| TDIV | IBDU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.81 | ||
| Sortino ratioReturn per unit of downside risk | +0.56 | ||
| Omega ratioGain probability vs. loss probability | 1.49 | 1.41 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 5.02 | 3.02 | +2.00 |
| Martin ratioReturn relative to average drawdown | 15.64 | 11.33 | +4.31 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| TDIV | IBDU | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.93 | 2.12 | +0.81 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.94 | 0.23 | +0.71 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.93 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.88 | 0.33 | +0.55 |
Drawdowns
TDIV vs. IBDU - Drawdown Comparison
The maximum TDIV drawdown since its inception was -31.97%, which is greater than IBDU's maximum drawdown of -19.44%. Use the drawdown chart below to compare losses from any high point for TDIV and IBDU.
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Drawdown Indicators
| TDIV | IBDU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.97% | -19.44% | -12.53% |
Max Drawdown (1Y)Largest decline over 1 year | -10.74% | -1.59% | -9.15% |
Max Drawdown (3Y)Largest decline over 3 years | -23.00% | -4.14% | -18.86% |
Max Drawdown (5Y)Largest decline over 5 years | -31.97% | -19.44% | -12.53% |
Max Drawdown (10Y)Largest decline over 10 years | -31.97% | — | — |
Current DrawdownCurrent decline from peak | -1.79% | -0.54% | -1.25% |
Average DrawdownAverage peak-to-trough decline | -4.84% | -5.41% | +0.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.44% | 0.42% | +3.02% |
Volatility
TDIV vs. IBDU - Volatility Comparison
First Trust NASDAQ Technology Dividend Index Fund (TDIV) has a higher volatility of 6.86% compared to iShares iBonds Dec 2029 Term Corporate ETF (IBDU) at 0.58%. This indicates that TDIV's price experiences larger fluctuations and is considered to be riskier than IBDU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TDIV | IBDU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.86% | 0.58% | +6.28% |
Volatility (6M)Calculated over the trailing 6-month period | 13.91% | 1.49% | +12.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.47% | 2.26% | +16.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.67% | 5.72% | +14.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.85% | 7.32% | +13.53% |
TDIV vs. IBDU - Expense Ratio Comparison
TDIV has a 0.50% expense ratio, which is higher than IBDU's 0.10% expense ratio.
Dividends
TDIV vs. IBDU - Dividend Comparison
TDIV's dividend yield for the trailing twelve months is around 1.12%, less than IBDU's 4.66% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IBDU iShares iBonds Dec 2029 Term Corporate ETF | 4.66% | 4.67% | 4.75% | 4.21% | 3.34% | 2.29% | 2.42% | 0.74% | 0.00% | 0.00% | 0.00% | 0.00% |
TDIV First Trust NASDAQ Technology Dividend Index Fund | 1.12% | 1.40% | 1.59% | 1.74% | 2.51% | 1.76% | 2.07% | 2.27% | 2.97% | 2.27% | 2.45% | 2.52% |
Frequently Asked Questions
TDIV and IBDU have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TDIV has higher volatility (6.86%) compared to IBDU (0.58%). In terms of maximum drawdown, TDIV dropped -31.97% vs IBDU's -19.44%.
On 5-year performance, TDIV leads with 19.29% vs 1.29% for IBDU. On fees, IBDU is cheaper at 0.10% per year. On volatility, IBDU has been the lower-risk option at 0.58%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, TDIV has performed better with a 19.29% return vs 1.29%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IBDU is cheaper with a 0.10% expense ratio, compared with 0.50% for TDIV.
IBDU has the higher dividend yield at 4.66%, compared with 1.12% for TDIV.
TDIV is categorized as Technology Equities, while IBDU is Corporate Bonds. TDIV tracks NASDAQ Technology Dividend Index, while IBDU tracks Bloomberg December 2029 Maturity Corporate Index. They also come from different issuers: First Trust and iShares. Their fees differ too: 0.50% for TDIV and 0.10% for IBDU.
TDIV currently has the higher Sharpe Ratio (2.93 vs 2.12), 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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