IBTMvsIEFETF Comparison
VS
iShares iBonds Dec 2032 Term Treasury ETF (IBTM) and iShares 7-10 Year Treasury Bond ETF (IEF) belong to the same industry segment: US Government Bonds. Both ETFs have the same top 2 sector exposures: Sovereign and Non-Corporate. IBTM is less expensive with a Total Expense Ratio (TER) of 0.07%, versus 0.15% for IEF. IBTM is down -0.89% year-to-date (YTD) with +$82M in YTD flows. IEF performs worse with -1.44% YTD performance, and -$1.41B in YTD flows. Run a side-by-side ETF comparison of IBTM and IEF below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
Find out how industry players manage ETF portfolios. Discover our library of Model portfolios
IBTM vs IEF performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 09/03/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | IBTM IEF | -0.20%-0.22% | -0.43%-0.82% | -0.89%-1.44% | +0.41%+0.07% | +11.58%+10.35% | n/a-8.27% |
| Flows | IBTM IEF | +$3M-$4.79B | +$26M-$4.80B | +$82M-$1.41B | +$247M+$8.35B | +$468M+$15.27B | -+$34.37B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | IBTM IEF | +3.77%+4.74% | +3.75%+4.56% | +5.90%+6.27% | n/a+7.63% |
| Max drawdown | IBTM IEF | -1.43%-2.09% | -3.24%-4.05% | -6.35%-6.88% | n/a-20.98% |
| Max drawdown duration | IBTM IEF | 66d66d | 186d186d | 318d319d | n/a1815d |
Trading data
IBTM | IEF | |
Last sale 9/4/2026 at 1:30 PM | $22.26 | $92.26 |
| Previous close 09/03/2026 | $22.28 | $92.28 |
| Consolidated volume 09/03/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of September 4, 2026
1-year trailing difference
Create an account to view replication metrics
Join for free
IBTM | IEF | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Advertisement
Main metrics
Last update 9/4/2026 at 1:30 PM
Live
Closed
IBTM | IEF | |
|---|---|---|
| Last price | $22.26 | $92.26 |
| 1D performance | -0.07% | -0.02% |
| AuM | $557.83 M | $42.10 B |
| E/R | 0.07% | 0.15% |
Advertisement
Exposure
Countries
IBTM
USA
100%
Other
-0%
IEF
USA
100.01%
Other
-0.01%
Sectors
IBTM
Sovereign
99.91%
Other
0.09%
IEF
Sovereign
99.9%
Other
0.1%
Advertisement
Diversification
IBTM
Total weight of top 15 holdings out of 15
99.91%
IEF
Total weight of top 14 holdings out of 14
100.01%
Top 15 holdings
Data as of July 31, 2026
IBTM
USA, Notes 4.125% 15nov2032, USD (F-2032)
11.49%
USA, Notes 2.875% 15may2032, USD (C-2032)
11.02%
USA, Notes 1.875% 15feb2032, USD (B-2032)
10.82%
USA, Notes 2.75% 15aug2032, USD (E-2032)
10.53%
USA, Notes 4.375% 31jan2032, USD (G-2032)
5.25%
USA, Notes 4.125% 29feb2032, USD (H-2032)
5.17%
USA, Notes 4.125% 31mar2032, USD (J-2032)
5.15%
USA, Notes 4% 31jul2032, USD (N-2032)
5.13%
USA, Notes 4.125% 31may2032, USD (L-2032)
5.10%
USA, Notes 4% 30apr2032, USD (K-2032)
5.09%
USA, Notes 3.875% 31aug2032, USD (P-2032)
5.07%
USA, Notes 3.875% 30sep2032, USD (Q-2032)
5.05%
USA, Notes 4% 30jun2032, USD (M-2032)
5.05%
USA, Notes 3.75% 31oct2032, USD (R-2032)
5.00%
USA, Notes 3.75% 30nov2032, USD (S-2032)
4.98%
IEF
USA, Notes 4.125% 15feb2036, USD (B-2036)
9.71%
USA, Notes 4.625% 15feb2035, USD (B-2035)
8.93%
USA, Notes 4.25% 15aug2035, USD (E-2035)
8.88%
USA, Notes 4% 15feb2034, USD (B-2034)
8.75%
USA, Notes 4.25% 15nov2034, USD (F-2034)
8.71%
USA, Notes 4.5% 15nov2033, USD (F-2033)
8.61%
USA, Notes 4% 15nov2035, USD (F-2035)
8.60%
USA, Notes 4.375% 15may2034, USD (C-2034)
8.39%
USA, Notes 4.25% 15may2035, USD (C-2035)
8.29%
USA, Notes 3.875% 15aug2034, USD (E-2034)
6.85%
USA, Notes 4.375% 15may2036, USD (C-2036)
6.24%
USA, Notes 3.875% 15aug2033, USD (E-2033)
4.69%
USA, Notes 3.375% 15may2033, USD (C-2033)
3.27%
BlackRock Cash Funds - Treasury
0.11%
Frequently asked questions about IBTM and IEF
How have the IBTM and IEF ETFs performed in 2026?
As of September 3, 2026, IBTM is down -0.89% year-to-date (YTD), while IEF has lost -1.44%. That puts IBTM better performer ahead so far this year.
Which ETF is attracting more investor money: IBTM or IEF?
Year-to-date, the IBTM ETF saw +$82M in flows, compared to -$1.41B for IEF.
Which ETF is more volatile: IBTM or IEF?
Over the past year, IBTM had a volatility of 3.75%, while IEF experienced 4.56%.
Which ETF is bigger: IBTM or IEF?
As of September 3, 2026, IBTM holds $557.83 M in assets under management (AUM), while IEF manages $42.10 B.
What sectors do the IBTM and IEF ETFs invest in?
IBTM leans toward sectors like Sovereign. Meanwhile, IEF focuses on Sovereign.
What are the top holdings of the IBTM ETF and IEF ETF?
IBTM top holdings include USA, Notes 4.125% 15nov2032, USD (F-2032), USA, Notes 2.875% 15may2032, USD (C-2032) and USA, Notes 1.875% 15feb2032, USD (B-2032). IEF holds in its top three: USA, Notes 4.125% 15feb2036, USD (B-2036), USA, Notes 4.625% 15feb2035, USD (B-2035) and USA, Notes 4.25% 15aug2035, USD (E-2035).
Which ETF is more diversified: IBTM or IEF?
IBTM holds 16 securities with 99.91% of its assets in the top 15. IEF has 14 securities.
Advertisement
Latest news about IBTM & IEF
Investors Hate TreasuryDirect: These Treasury ETFs Offer a Solution
November 19, 2024
IEF
3 Famous Investment Portfolios (And How to Make Them with ETFs)
February 8, 2024
IEF
ETF Insights: Top 5 Fund Flows and Segments for March 2023
April 13, 2023
IEF
Advertisement
Advertisement
