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IBIE vs PBTP

iShares iBonds Oct 2028 Term TIPS ETF

IBIEBNYSE Arca

Invesco 0-5 Yr US TIPS ETF

PBTPACboe

Overlap

No data

Expense ratio

PBTP −0.03pt a year

IBIE0.10%PBTP0.07%

Avg volume · 30D

IBIE 1.1×the volume

IBIE93KPBTP83.7K

3Y return · a year

IBIE +0.5pt

IBIE+5.6%PBTP+5.1%

IBIE vs PBTP Performance

Oct 31, 2025 – Oct 30, 2026

+2.9%IBIE+2.7%PBTP

Oct 31, 2025 to Oct 30, 2026. IBIE +2.9%. PBTP +2.7%. Use the arrow keys to read each point.0%0.5%1%1.5%2%Oct 2025Apr 2026Oct 2026
Expense ratio
IBIE 0.10%
PBTP 0.07%, better
Fund size
IBIE $290M
PBTP $248M
1Y total return
IBIE +2.9%, better
PBTP +2.7%
Yield (12M)
IBIE 4.32%, better
PBTP 3.99%
Holdings
IBIE 7
PBTP 27
Avg volume (30D)
IBIE 93K sh, better
PBTP 83.7K sh
NAV per share
IBIE $25.81
PBTP $25.80
52W range

ETF.net Grade

IBIE: Cost 68, Risk 82, Mission 39, Tradability 61, Holdings 39, Durability 73. PBTP: Cost 90, Risk 74, Mission 57, Tradability 58, Holdings 82, Durability 64.
Pillar letters and Scores for IBIE, PBTP, with each pillar’s weight
PillarIBIEPBTP
Cost30% weightB68A90Higher
Mission25% weightD39B57Higher
Risk15% weightA82HigherA74
Tradability15% weightB61HigherB58
Holdings10% weightD39A82Higher
Durability5% weightA73HigherB64

Rank among TIPS funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. IBIE and PBTP are both graded against the same 40 TIPS funds, so their Grades compare head to head.

TIPS⁠

Category · 40 funds
See all 40 ›

PBTP ranks 4th and IBIE 18th of 40 funds in the TIPS Category.

  1. Rank 1ASCHPSchwab US TIPS ETFScore 85
  2. Rank 2ASTIPiShares 0-5 Year TIPS Bond ETFScore 80
  3. Rank 3AVTPVanguard Total Inflation-Protected Securities ETFScore 77
  4. Rank 4APBTPInvesco 0-5 Yr US TIPS ETFScore 72
  5. Rank 4AVTIPVanguard Short-Term Inflation-Protected Securities ETFScore 72
  6. Rank 17BTIPCNorthern Trust 2045 Inflation-Linked Distributing Ladder ETFScore 59
  7. Rank 18BIBIEiShares iBonds Oct 2028 Term TIPS ETFScore 58
  8. Rank 18BTIPANorthern Trust 2030 Inflation-Linked Distributing Ladder ETFScore 58

Our read on each fund

ETF.net Research

IBIEBiShares iBonds Oct 2028 Term TIPS ETF

PBTPAInvesco 0-5 Yr US TIPS ETF

In short

IBIE No data

PBTP Inflation-linked Treasuries with the long end cut off: PBTP holds only TIPS maturing inside five years, keeping the CPI adjustment while dialing down interest-rate swings.

Stated mandate

IBIE No data

PBTP The fund provides exposure to US Treasury Inflation-Protected Securities with remaining maturities from one month to less than five years.

Why people hold it

IBIE No data

  • PBTP Costs 0.07% a year, under the 0.12% median for Treasury bond ETFs.
  • Narrow by design: only TIPS with one month to under five years remaining, which leaves out the long-dated bonds that drive most price swings in broad TIPS funds.invesco.com
  • Index-tracked and running at Invesco since 2017, with distributions paid quarterly.

Worth knowing

IBIE No data

  • PBTP Thinly traded next to the big names in the aisle, so spreads can run wider and sizeable orders take more care.
  • Broad TIPS funds such as SCHP charge 0.03% and cover the whole maturity ladder. Here you pay a bit more to skip the long end.
  • Short maturities cut both ways: less real-yield duration means smaller moves when rates fall as well as when they rise.

Full IBIE profile⁠

Full PBTP profile⁠

IBIE vs PBTP Holdings

How IBIE and PBTP differ

No overlap figure

Two bond funds rarely hold the same issues.

Level by level

  • Sector2 Sectors0.0%
  • Asset classFixed Income100%
  • Countryby domicile100%

Sector

Sector weights in IBIE and PBTP, widest gap first
SectorMore in IBIEMore in PBTP
TreasuriesIBIE +100.0 points
GovernmentPBTP +100.0 points

Country, concentration and asset class

Country by domicile

Country weights in IBIE and PBTP, widest gap first
CountryMore in IBIEMore in PBTP
United StatesSame weight

Concentration

Weight in the 10 largest Holdings

  • IBIE100.6%
  • PBTP47.4%

Securities held

  • IBIE6
  • PBTP25

Asset class

IBIE
Fixed Income
PBTP
Fixed Income

Holdings

Two bond funds rarely hold the same issues, so this page lists no shared Holdings. IBIE holds 6 securities, PBTP 25.

All 6 IBIE holdings⁠All 25 PBTP holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

IBIE vs PBTP Cost

Overpaying IBIE vs PBTP

$626

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • IBIE 0.10%

    $2,106

  • PBTP 0.07%

    $1,480

$10,000
30 years

Cost over time

  • IBIE 0.10%
  • PBTP 0.07%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$500$1K$1.5K$2K$2.5K051015202530IBIE $2,106PBTP $1,480

Year by year

YearIBIEPBTPOverpaying
10$183$128$55
20$717$503$214
30$2,106$1,480$626

Expense ratio

  • 0.10%IBIE
  • 0.07%PBTP, cheaper
  • Middle half of TIPS funds
  • Median 0.10%

PBTP 5th cheapest of 40 funds

IBIE 7th cheapest of 40 funds

IBIE vs PBTP Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
IBIE 4.32%, better
PBTP 3.99%
Payout (12M)
IBIE $1.11
PBTP $1.03
Last payment
IBIE $0.10
PBTP $0.02
Ex-dividend
IBIE Oct 1, 2026
PBTP Sep 21, 2026
Paid on
IBIE Oct 6, 2026
PBTP Sep 25, 2026
Frequency
IBIE Quarterly
PBTP Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

IBIEQuarterly · 12 paymentsAll IBIE payments⁠
One bar per payment. 12 payments from 2017 to 2026 YTD. Dec 14, 2023 $0.19; Apr 1, 2024 $0.19; Jul 1, 2024 $0.48; Oct 1, 2024 $0.21; Dec 18, 2024 $0.20; Apr 1, 2025 $0.27; Jul 1, 2025 $0.25; Oct 1, 2025 $0.26; Dec 19, 2025 $0.28; Apr 1, 2026 $0.06; Jul 1, 2026 $0.67; Oct 1, 2026 $0.10. Use the arrow keys to read each point.$0$0.502017202020232026YTD
PBTPQuarterly · 33 paymentsAll PBTP payments⁠
One bar per payment. 33 payments from 2017 to 2026 YTD. Dec 18, 2017 $0.18; Jun 18, 2018 $0.29; Sep 24, 2018 $0.20; Dec 24, 2018 $0.08; Jun 24, 2019 $0.29; Sep 23, 2019 $0.12; Dec 23, 2019 $0.12; Mar 23, 2020 $0.001; Jun 22, 2020 $0.01; Sep 21, 2020 $0.08; Dec 21, 2020 $0.23; Jun 21, 2021 $0.13; Sep 20, 2021 $0.35; Dec 20, 2021 $0.35; Mar 21, 2022 $0.13; Jun 21, 2022 $0.40; Sep 19, 2022 $0.51; Dec 19, 2022 $0.26; Mar 20, 2023 $0.0073; Jun 20, 2023 $0.29; Sep 18, 2023 $0.16; Dec 18, 2023 $0.13; Mar 18, 2024 $0.03; Jun 24, 2024 $0.43; Sep 23, 2024 $0.09; Dec 23, 2024 $0.11; Mar 24, 2025 $0.21; Jun 23, 2025 $0.27; Sep 22, 2025 $0.22; Dec 22, 2025 $0.30; Mar 23, 2026 $0.04; Jun 22, 2026 $0.68; Sep 21, 2026 $0.02. Use the arrow keys to read each point.$0$0.502017202020232026YTD

IBIE vs PBTP Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
IBIE 2.5%PBTP 1.9%, better
Return per unit of riskSharpe ratio, 3 years
IBIE 0.41, betterPBTP 0.28
Worst fallMax drawdown, 5 years
IBIE −1.7%since Sep 2023PBTP −5.5%
Market sensitivityBeta, 5 years
IBIE 0.08PBTP 0.20

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