UTRE vs. IBTF
Compare and contrast key facts about US Treasury 3 Year Note ETF (UTRE) and iShares iBonds Dec 2025 Term Treasury ETF (IBTF).
UTRE and IBTF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. UTRE is a passively managed fund by US Benchmark Series that tracks the performance of the ICE BofA Current 3-Year US Treasury Index - Benchmark TR Gross. It was launched on Mar 27, 2023. IBTF is a passively managed fund by iShares that tracks the performance of the ICE 2025 Maturity US Treasury Index. It was launched on Feb 25, 2020. Both UTRE and IBTF are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
UTRE vs. IBTF - Performance Comparison
Loading graphics...
UTRE vs. IBTF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
UTRE US Treasury 3 Year Note ETF | 0.13% | 5.68% | 2.96% | 2.16% |
IBTF iShares iBonds Dec 2025 Term Treasury ETF | 0.00% | 3.81% | 4.60% | 2.49% |
Returns By Period
UTRE
- 1D
- 0.12%
- 1M
- -0.85%
- YTD
- 0.13%
- 6M
- 1.22%
- 1Y
- 3.73%
- 3Y*
- 3.57%
- 5Y*
- —
- 10Y*
- —
IBTF
- 1D
- 0.00%
- 1M
- 0.00%
- YTD
- 0.00%
- 6M
- 0.73%
- 1Y
- 2.88%
- 3Y*
- 3.59%
- 5Y*
- 1.00%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
UTRE vs. IBTF - Expense Ratio Comparison
UTRE has a 0.15% expense ratio, which is higher than IBTF's 0.07% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Return for Risk
UTRE vs. IBTF — Risk / Return Rank
UTRE
IBTF
UTRE vs. IBTF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for US Treasury 3 Year Note ETF (UTRE) and iShares iBonds Dec 2025 Term Treasury ETF (IBTF). 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.
| UTRE | IBTF | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.64 | 7.41 | -5.77 |
Sortino ratioReturn per unit of downside risk | 2.52 | 17.29 | -14.77 |
Omega ratioGain probability vs. loss probability | 1.31 | 4.32 | -3.01 |
Calmar ratioReturn relative to maximum drawdown | 2.63 | 82.67 | -80.04 |
Martin ratioReturn relative to average drawdown | 9.11 | 244.42 | -235.31 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| UTRE | IBTF | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.64 | 7.41 | -5.77 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.43 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.33 | 0.45 | +0.88 |
Correlation
The correlation between UTRE and IBTF is 0.55, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
UTRE vs. IBTF - Dividend Comparison
UTRE's dividend yield for the trailing twelve months is around 3.81%, more than IBTF's 3.14% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
UTRE US Treasury 3 Year Note ETF | 3.81% | 3.60% | 4.01% | 3.14% | 0.00% | 0.00% | 0.00% |
IBTF iShares iBonds Dec 2025 Term Treasury ETF | 3.14% | 3.83% | 4.32% | 4.03% | 1.93% | 0.57% | 0.59% |
Drawdowns
UTRE vs. IBTF - Drawdown Comparison
The maximum UTRE drawdown since its inception was -2.80%, smaller than the maximum IBTF drawdown of -10.45%. Use the drawdown chart below to compare losses from any high point for UTRE and IBTF.
Loading graphics...
Drawdown Indicators
| UTRE | IBTF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -2.80% | -10.45% | +7.65% |
Max Drawdown (1Y)Largest decline over 1 year | -1.44% | -0.04% | -1.40% |
Max Drawdown (5Y)Largest decline over 5 years | — | -9.53% | — |
Current DrawdownCurrent decline from peak | -0.85% | 0.00% | -0.85% |
Average DrawdownAverage peak-to-trough decline | -0.77% | -3.42% | +2.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.41% | 0.01% | +0.40% |
Volatility
UTRE vs. IBTF - Volatility Comparison
US Treasury 3 Year Note ETF (UTRE) has a higher volatility of 0.82% compared to iShares iBonds Dec 2025 Term Treasury ETF (IBTF) at 0.00%. This indicates that UTRE's price experiences larger fluctuations and is considered to be riskier than IBTF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| UTRE | IBTF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.82% | 0.00% | +0.82% |
Volatility (6M)Calculated over the trailing 6-month period | 1.36% | 0.25% | +1.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.28% | 0.46% | +1.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.74% | 2.39% | +0.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.74% | 2.60% | +0.14% |