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IBTOvsIBGBETF Comparison

ETF 1
IBTO

iShares iBonds Dec 2033 Term Treasury ETF

This fund is part of
US Government Bonds
+0.09%
VS
ETF 2
IBGB

iShares iBonds Dec 2045 Term Treasury ETF

This fund is part of
US Government Bonds
+0.09%

iShares iBonds Dec 2033 Term Treasury ETF (IBTO) and iShares iBonds Dec 2045 Term Treasury ETF (IBGB) belong to the same industry segment: US Government Bonds. Both ETFs have the same top 2 sector exposures: Sovereign and Non-Corporate. Both IBTO and IBGB have the same Total Expense Ratio (TER) of 0.07%. IBTO is down -1.13% year-to-date (YTD) with +$70M in YTD flows. IBGB performs worse with -2.28% YTD performance, and +$2M in YTD flows. Run a side-by-side ETF comparison of IBTO and IBGB below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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IBTO vs IBGB performance and flow charts

Performance

-0.50.00.51.01.5%Aug 3Aug 10Aug 17Aug 24Aug 31

Cumulative Flows

05,000,00010,000,00015,000,00020,000,000Aug 3Aug 10Aug 17Aug 24Aug 31

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Historic performance and flows
Data as of 09/03/2026
1M3MYTD1Y3Y5Y
Perf.
IBTO
IBGB
-0.22%+0.33%
-0.58%-1.86%
-1.13%-2.28%
+0.29%+0.09%
+10.80%n/a
n/an/a
Flows
IBTO
IBGB
+$24M-
+$32M-
+$70M+$2M
+$113M+$5M
+$463M-
--
Volatility and drawdown
3M1Y3Y5Y
Volatility
IBTO
IBGB
+4.21%+8.32%
+4.17%+8.06%
+6.28%n/a
n/an/a
Max drawdown
IBTO
IBGB
-1.68%-4.81%
-3.64%-6.80%
-6.89%n/a
n/an/a
Max drawdown duration
IBTO
IBGB
66d66d
186d186d
318dn/a
n/an/a
Trading data

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IBTO
IBGB
Last sale
9/4/2026 at 1:30 PM
$23.59
$23.40
Previous close
09/03/2026
$23.61
$23.40
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 5, 2026
1-year trailing difference

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IBTO
IBGB
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 9/4/2026 at 1:30 PM
Live
Closed
IBTO
IBGB
Last price
$23.59
$23.40
1D performance
-0.10%
+0.01%
AuM$483.99 M$9.35 M
E/R0.07%0.07%
Characteristics
IBTO
IBGB
Management strategyPassivePassive
ProvideriSharesiShares
BenchmarkICE Bofa 2033 Maturity US Treasury IndexICE 2045 Maturity US Treasury Index
N° of holdings119
Asset classFixed Income-
Trailing 12m distribution yield
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Inception dateJune 29, 2023March 26, 2025
ESGNoNo
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Exposure

Countries

IBTO
USA
100%
Other
0%
IBGB
USA
100%

Sectors

IBTO
Sovereign
99.97%
Other
0.03%
IBGB
Sovereign
99.99%
Other
0.01%

Diversification

IBTO

Total weight of top 11 holdings out of 11

100%
IBGB

Total weight of top 9 holdings out of 9

100%

Top 15 holdings

Data as of July 31, 2026
IBTO
USA, Notes 4.5% 15nov2033, USD (F-2033)
17.44%
USA, Notes 3.875% 15aug2033, USD (E-2033)
15.72%
USA, Notes 3.5% 15feb2033, USD (B-2033)
14.35%
USA, Notes 3.375% 15may2033, USD (C-2033)
13.86%
USA, Notes 4.25% 31mar2033, USD (J-2033)
7.69%
USA, Notes 4.25% 30jun2033, USD (M-2033)
6.48%
USA, Notes 3.75% 28feb2033, USD (H-2033)
6.41%
USA, Notes 4.25% 31may2033, USD (L-2033)
6.38%
USA, Notes 4% 31jan2033, USD (G-2033)
6.19%
USA, Notes 4.125% 30apr2033, USD (K-2033)
5.45%
BlackRock Cash Funds - Treasury
0.03%
IBGB
USA, Bonds 5% 15may2045, USD
18.85%
USA, Bonds 4.875% 15aug2045, USD
18.76%
USA, Bonds 4.75% 15feb2045, USD
18.48%
USA, Bonds 4.625% 15nov2045, USD
17.93%
USA, Bonds 2.5% 15feb2045, USD
10.20%
USA, Bonds 2.875% 15aug2045, USD
6.54%
USA, Bonds 3% 15may2045, USD
5.02%
USA, Bonds 3% 15nov2045, USD
4.20%
BlackRock Cash Funds - Treasury
0.01%
Frequently asked questions about IBTO and IBGB

How have the IBTO and IBGB ETFs performed in 2026?

As of September 3, 2026, IBTO is down -1.13% year-to-date (YTD), while IBGB has lost -2.28%. That puts IBTO better performer ahead so far this year.

Which ETF is attracting more investor money: IBTO or IBGB?

Year-to-date, the IBTO ETF saw +$70M in flows, compared to +$2M for IBGB.

Which ETF is more volatile: IBTO or IBGB?

Over the past year, IBTO had a volatility of 4.17%, while IBGB experienced 8.06%.

Which ETF is bigger: IBTO or IBGB?

As of September 3, 2026, IBTO holds $483.99 M in assets under management (AUM), while IBGB manages $9.35 M.

What sectors do the IBTO and IBGB ETFs invest in?

IBTO leans toward sectors like Sovereign. Meanwhile, IBGB focuses on Sovereign.

What are the top holdings of the IBTO ETF and IBGB ETF?

IBTO top holdings include USA, Notes 4.5% 15nov2033, USD (F-2033), USA, Notes 3.875% 15aug2033, USD (E-2033) and USA, Notes 3.5% 15feb2033, USD (B-2033). IBGB holds in its top three: USA, Bonds 5% 15may2045, USD, USA, Bonds 4.875% 15aug2045, USD and USA, Bonds 4.75% 15feb2045, USD.

Which ETF is more diversified: IBTO or IBGB?

IBTO has 11 securities and IBGB has 9 securities.

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