IBTP vs IVV
iShares iBonds Dec 2034 Term Treasury ETF vs iShares Core S&P 500 ETF
Which is better, IBTP or IVV?
Short Term Government Bond against Large Cap Blend.
IVV has a lower expense ratio. IVV led over 1Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | IBTP | IVV |
|---|---|---|
| Expense Ratio | 0.07% | 0.03%Best |
| AUM | $292M | $876.4B |
| Dividend Yield | 4.09% | 1.06% |
| Holdings | 6 | 508 |
| YTD Return | -2.37% | +12.27%Best |
| 1Y Return | -2.02% | +17.04%Best |
| 3Y Return (annualized) | - | +21.24% |
| 5Y Return (annualized) | - | +13.08% |
| Volatility (annualized) | 5.4%Best | 11.9% |
| Max Drawdown | -6.9%Best | -18.8% |
| $10,000 over 2.3 years | $10,694 | $14,573Best |
| Top 10 Weight | - | 37.8% |
| Fund Family | iShares by BlackRock (US) | iShares by BlackRock (US) |
| Category | Fixed Income | Equity |
| Style | Short Term Government Bond | Large Cap Blend |
| Inception | Jun 11, 2024 | May 15, 2000 |
Volatility and max drawdown, and the $10,000 over 2.3 years row, are measured over the window both funds cover: Jun 12, 2024 to Sep 17, 2026 (2.3 years).
IBTP vs IVV growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.3 years both funds cover.
IBTP vs IVV Performance
iShares iBonds Dec 2034 Term Treasury ETF (IBTP) is an ETF from iShares by BlackRock (US) and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year IBTP returned -2.02% while IVV returned +17.04%. Year to date, IBTP is down 2.37% versus a gain of 12.27% for IVV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 11.9% compared with 5.4% for IBTP. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -6.9% for IBTP and -18.8% for IVV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.19. They move largely independently of each other.
Fees and Cost Over Time
IBTP charges 0.07% per year while IVV charges 0.03%. On a $10,000 position that is $7 vs $3 annually, a gap of $4 per year that compounds over a long holding period. On income, IBTP currently yields 4.09% against 1.06% for IVV.
Holdings Overlap
1.0% of IBTP's money is in holdings IVV also owns. 0.1% of IVV's money is in holdings IBTP also owns.
We cannot see either book well enough to say how much of this pair is duplicated.
1 positions in common, counted across the 5 positions we hold weights for in IBTP and 490 in IVV, against full books of 6 and 508.
What only one of them owns
Our book lists 481 positions for IVV that do not appear in our book for IBTP (98.5% of the fund), and 4 for IBTP that do not appear in IVV (99.6%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in IBTP | Weight in IVV | Difference |
|---|---|---|---|
| XTSLABlackrock Cash Funds: Treasury, Sl Agency Shares | 0.99% | 0.15% | 0.84% |
You are not choosing between two funds in isolation.
Whichever of IBTP and IVV you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IBTP or IVV?
IBTP has an expense ratio of 0.07% while IVV charges 0.03%. IVV is the cheaper option, by $4 a year on a $10,000 investment.
Which performed better, IBTP or IVV?
Over the past year IBTP returned -2.02% vs +17.04% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (2 years), IBTP annualized +2.96% vs +17.79% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IBTP or IVV?
IVV has been the more volatile fund at 11.9% annualized versus 5.4% for IBTP. Worst drawdown: IBTP -6.9% vs IVV -18.8%.
Should I hold both IBTP and IVV?
IBTP and IVV have a monthly-return correlation of 0.19, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, IBTP or IVV?
IBTP yields 4.09% while IVV yields 1.06%, so IBTP currently pays the higher dividend yield.
Is IVV better than IBTP?
IVV has a lower expense ratio. IVV led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.