IBTP vs IVV
iShares iBonds Dec 2034 Term Treasury ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | IBTP | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.07% | 0.03% | |
| AUM | $283M | $865.2B | |
| Dividend Yield | 4.03% | 1.09% | |
| Holdings | 5 | 508 | |
| YTD Return | -1.43% | +13.80% | |
| 1Y Return | +0.94% | +23.01% | |
| 3Y Return (annualized) | - | +21.77% | |
| 5Y Return (annualized) | - | +13.39% | |
| Volatility (annualized) | 5.4% | 15.1% | |
| Max Drawdown | -6.9% | -56.5% | |
| Fund Family | iShares by BlackRock (US) | iShares by BlackRock (US) | |
| Category | Fixed Income | Equity | |
| Inception | Jun 11, 2024 | May 15, 2000 |
IBTP vs IVV Performance
iShares iBonds Dec 2034 Term Treasury ETF (IBTP) is a ETF from iShares by BlackRock (US) and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year IBTP returned +0.94% while IVV returned +23.01%. Year to date, IBTP is down 1.43% versus a gain of 13.80% for IVV.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% 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 -56.5% for IVV. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.17. They move independently enough that combining them can meaningfully diversify a portfolio.
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 4.03% against 1.09% for IVV.
Holdings Overlap
IBTP and IVV share 0 holdings out of 509 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
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. On a $10,000 investment, that is $4 per year of difference.
Which performed better, IBTP or IVV?
Over the past year IBTP returned +0.94% vs +23.01% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (2 years), IBTP annualized +3.56% vs +7.04% for IVV. Past performance does not guarantee future results.
Which is riskier, IBTP or IVV?
IVV has been the more volatile fund at 15.1% annualized versus 5.4% for IBTP. Worst drawdown: IBTP -6.9% vs IVV -56.5%.
Should I hold both IBTP and IVV?
IBTP and IVV have a monthly-return correlation of 0.17, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IBTP and IVV?
IBTP and IVV share 0 common holdings with a 0.0% weight overlap. Combined, they hold 509 unique securities.
Which pays a higher dividend, IBTP or IVV?
IBTP yields 4.03% while IVV yields 1.09%, so IBTP currently pays the higher dividend yield.
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