ZCBC vs. IBTE

Last updated Jun 6, 2026

ZCBC (Global X Zero Coupon Bond 2032 ETF) and IBTE (iShares iBonds Dec 2024 Term Treasury ETF) are both Government Bonds funds - ZCBC tracks the FTSE Zero Coupon U.S. Treasury STRIPS 2032 Maturity Index while IBTE tracks the ICE 2024 Maturity US Treasury Index. Both are passively managed. Both charge a 0.07% expense ratio.

Performance

ZCBC vs. IBTE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Zero Coupon Bond 2032 ETF (ZCBC) and iShares iBonds Dec 2024 Term Treasury ETF (IBTE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ZCBC

• 1D: -0.51%
• 1M: -1.15%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

IBTE

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ZCBC vs. IBTE - Yearly Performance Comparison

	2026 (YTD)
ZCBC Global X Zero Coupon Bond 2032 ETF	-1.15%
IBTE iShares iBonds Dec 2024 Term Treasury ETF	0.00%

Return for Risk

ZCBC vs. IBTE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Zero Coupon Bond 2032 ETF (ZCBC) and iShares iBonds Dec 2024 Term Treasury ETF (IBTE). 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

	ZCBC	IBTE	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.42	—	—

Drawdowns

ZCBC vs. IBTE - Drawdown Comparison

The maximum ZCBC drawdown since its inception was -3.65%, which is greater than IBTE's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for ZCBC and IBTE.

Drawdown Indicators

	ZCBC	IBTE	Difference
Max Drawdown Largest peak-to-trough decline	-3.65%	0.00%	-3.65%
Current Drawdown Current decline from peak	-3.05%	0.00%	-3.05%
Average Drawdown Average peak-to-trough decline	-1.46%	0.00%	-1.46%

Volatility

Volatility by Period

	ZCBC	IBTE	Difference
Volatility (1Y) Calculated over the trailing 1-year period	4.59%	0.00%	+4.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.59%	0.00%	+4.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.59%	0.00%	+4.59%

ZCBC vs. IBTE - Expense Ratio Comparison

Both ZCBC and IBTE have an expense ratio of 0.07%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

ZCBC vs. IBTE - Dividend Comparison

ZCBC's dividend yield for the trailing twelve months is around 1.61%, while IBTE has not paid dividends to shareholders.

Position	TTM
IBTE iShares iBonds Dec 2024 Term Treasury ETF	0.00%
ZCBC Global X Zero Coupon Bond 2032 ETF	1.61%

Frequently Asked Questions

Which ETF is better, ZCBC or IBTE?

Both ETFs have the same 0.07% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ZCBC or IBTE?

ZCBC and IBTE have the same expense ratio: 0.07% per year.

Which ETF pays a higher dividend yield, ZCBC or IBTE?

ZCBC has the higher dividend yield at 1.61%, compared with 0.00% for IBTE.

What is the main difference between ZCBC and IBTE?

ZCBC tracks FTSE Zero Coupon U.S. Treasury STRIPS 2032 Maturity Index, while IBTE tracks ICE 2024 Maturity US Treasury Index. They also come from different issuers: Global X and iShares.