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IBIH vs PBTP

iShares iBonds Oct 2031 Term TIPS ETF

IBIHBNYSE Arca

Invesco 0-5 Yr US TIPS ETF

PBTPACboe

Overlap

No data

Expense ratio

PBTP −0.03pt a year

IBIH0.10%PBTP0.07%

Avg volume · 30D

PBTP 1.4×the volume

IBIH59.4KPBTP83.7K

3Y return · a year

IBIH +0.7pt

IBIH+5.8%PBTP+5.1%

IBIH vs PBTP Performance

Oct 31, 2025 – Oct 30, 2026

+0.8%IBIH+2.7%PBTP

Oct 31, 2025 to Oct 30, 2026. IBIH +0.8%. PBTP +2.7%. Use the arrow keys to read each point.−1%0%2%Oct 2025Apr 2026Oct 2026
Expense ratio
IBIH 0.10%
PBTP 0.07%, better
Fund size
IBIH $154M
PBTP $248M
1Y total return
IBIH +0.8%
PBTP +2.7%, better
Yield (12M)
IBIH 4.42%, better
PBTP 3.99%
Holdings
IBIH 5
PBTP 27
Avg volume (30D)
IBIH 59.4K sh
PBTP 83.7K sh, better
NAV per share
IBIH $25.41
PBTP $25.80
52W range

ETF.net Grade

IBIH: Cost 68, Risk 42, Mission 93, Tradability 50, Holdings 34, Durability 57. PBTP: Cost 90, Risk 74, Mission 57, Tradability 58, Holdings 82, Durability 64.
Pillar letters and Scores for IBIH, PBTP, with each pillar’s weight
PillarIBIHPBTP
Cost30% weightB68A90Higher
Mission25% weightA93HigherB57
Risk15% weightC42A74Higher
Tradability15% weightC50B58Higher
Holdings10% weightD34A82Higher
Durability5% weightB57B64Higher

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. IBIH 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 IBIH 10th 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 10BIBIGiShares iBonds Oct 2030 Term TIPS ETFScore 63
  7. Rank 10BIBIHiShares iBonds Oct 2031 Term TIPS ETFScore 63
  8. Rank 10BIBIIiShares iBonds Oct 2032 Term TIPS ETFScore 63

Our read on each fund

ETF.net Research

IBIHBiShares iBonds Oct 2031 Term TIPS ETF

PBTPAInvesco 0-5 Yr US TIPS ETF

In short

IBIH Inflation protection with an end date. IBIH tracks an ICE index of Treasury inflation-protected bonds maturing in 2031, so it behaves like one rung of a ladder instead of a TIPS fund that rolls its maturities forever.

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

IBIH The fund seeks to follow an index of U.S. Treasury Inflation-Protected Securities maturing in 2031.

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

  • IBIH One narrow job: US TIPS maturing in 2031, measured against an ICE index built for that single maturity year. You always know which vintage you own.ishares.com
  • Everything inside is US government inflation-linked debt, so credit risk is off the table and the moving parts are real yields and inflation.ishares.com
  • Fee is 0.10% a year, right at the median for target-maturity bond ETFs, and the fund has been running since 2023.
  • Designed to slot beside other dated rungs, so a do-it-yourself inflation ladder is a matter of picking years rather than buying individual Treasuries.ishares.com
  • 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

  • IBIH Small and thinly traded next to broad TIPS funds. Spreads can be wider, and bigger orders take more care to fill.
  • A single maturity year of Treasuries means a short holdings list. Concentrated by design, though the issuer behind every bond is the same one.
  • Distributions come quarterly and ride on CPI-linked principal adjustments, so the size of the check moves with inflation rather than sitting still.ishares.com
  • 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 IBIH profile⁠

Full PBTP profile⁠

IBIH vs PBTP Holdings

How IBIH 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 IBIH and PBTP, widest gap first
SectorMore in IBIHMore in PBTP
TreasuriesIBIH +100.0 points
GovernmentPBTP +100.0 points

Country, concentration and asset class

Country by domicile

Country weights in IBIH and PBTP, widest gap first
CountryMore in IBIHMore in PBTP
United StatesSame weight

Concentration

Weight in the 10 largest Holdings

  • IBIH100.2%
  • PBTP47.4%

Securities held

  • IBIH4
  • PBTP25

Asset class

IBIH
Fixed Income
PBTP
Fixed Income

Holdings

Two bond funds rarely hold the same issues, so this page lists no shared Holdings. IBIH holds 4 securities, PBTP 25.

All 3 IBIH 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.

IBIH vs PBTP Cost

Overpaying IBIH vs PBTP

$626

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

  • IBIH 0.10%

    $2,106

  • PBTP 0.07%

    $1,480

$10,000
30 years

Cost over time

  • IBIH 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$2.5K051015202530IBIH $2,106PBTP $1,480

Year by year

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

Expense ratio

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

PBTP 5th cheapest of 40 funds

IBIH 7th cheapest of 40 funds

IBIH vs PBTP Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
IBIH 4.42%, better
PBTP 3.99%
Payout (12M)
IBIH $1.12
PBTP $1.03
Last payment
IBIH $0.13
PBTP $0.02
Ex-dividend
IBIH Oct 1, 2026
PBTP Sep 21, 2026
Paid on
IBIH Oct 6, 2026
PBTP Sep 25, 2026
Frequency
IBIH Quarterly
PBTP Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

IBIHQuarterly · 12 paymentsAll IBIH payments⁠
One bar per payment. 12 payments from 2017 to 2026 YTD. Dec 14, 2023 $0.18; Apr 1, 2024 $0.19; Jul 1, 2024 $0.50; Oct 1, 2024 $0.19; Dec 18, 2024 $0.20; Apr 1, 2025 $0.27; Jul 1, 2025 $0.36; Oct 1, 2025 $0.28; Dec 19, 2025 $0.31; Apr 1, 2026 $0.08; Jul 1, 2026 $0.61; Oct 1, 2026 $0.13. 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

IBIH vs PBTP Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
IBIH 4.7%PBTP 1.9%, better
Return per unit of riskSharpe ratio, 3 years
IBIH 0.28PBTP 0.28Same figure. Both funds show the same value, so neither comes out ahead.
Worst fallMax drawdown, 5 years
IBIH −3.9%since Sep 2023PBTP −5.5%
Market sensitivityBeta, 5 years
IBIH 0.19PBTP 0.20

Popular comparisons

  • IBIHBvsSCHPA

    iShares iBonds Oct 2031 Term TIPS ETF · Schwab US TIPS ETF

    Expense ratio
    0.10% · 0.03%
    Category
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  • PBTPAvsSCHPA

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    0.10% · 0.05%
    Category
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  • PBTPAvsVTPA

    Invesco 0-5 Yr US TIPS ETF · Vanguard Total Inflation-Protected Securities ETF

    Expense ratio
    0.07% · 0.05%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.