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IBIJ vs PBTP

iShares iBonds Oct 2033 Term TIPS ETF

IBIJBNYSE Arca

Invesco 0-5 Yr US TIPS ETF

PBTPACboe

Overlap

No data

Expense ratio

PBTP −0.03pt a year

IBIJ0.10%PBTP0.07%

Avg volume · 30D

PBTP 3.9×the volume

IBIJ21.6KPBTP83.7K

3Y return · a year

IBIJ +0.6pt

IBIJ+5.7%PBTP+5.1%

IBIJ vs PBTP Performance

Oct 31, 2025 – Oct 30, 2026

+0.2%IBIJ+2.7%PBTP

Oct 31, 2025 to Oct 30, 2026. IBIJ +0.2%. PBTP +2.7%. Use the arrow keys to read each point.−2%−1%1%2%Oct 2025Apr 2026Oct 2026
Expense ratio
IBIJ 0.10%
PBTP 0.07%, better
Fund size
IBIJ $72M
PBTP $248M
1Y total return
IBIJ +0.2%
PBTP +2.7%, better
Yield (12M)
IBIJ 5.10%, better
PBTP 3.99%
Holdings
IBIJ 4
PBTP 27
Avg volume (30D)
IBIJ 21.6K sh
PBTP 83.7K sh, better
NAV per share
IBIJ $24.96
PBTP $25.80
52W range

ETF.net Grade

IBIJ: Cost 68, Risk 37, Mission 100, Tradability 33, Holdings 33, Durability 49. PBTP: Cost 90, Risk 74, Mission 57, Tradability 58, Holdings 82, Durability 64.
Pillar letters and Scores for IBIJ, PBTP, with each pillar’s weight
PillarIBIJPBTP
Cost30% weightB68A90Higher
Mission25% weightA100HigherB57
Risk15% weightD37A74Higher
Tradability15% weightD33B58Higher
Holdings10% weightD33A82Higher
Durability5% weightC49B64Higher

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. IBIJ 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 IBIJ 14th 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 14BGTIPGoldman Sachs Access Inflation Protected USD Bond ETFScore 61
  7. Rank 14BIBIJiShares iBonds Oct 2033 Term TIPS ETFScore 61
  8. Rank 16BIBIKiShares iBonds Oct 2034 Term TIPS ETFScore 60

Our read on each fund

ETF.net Research

IBIJBiShares iBonds Oct 2033 Term TIPS ETF

PBTPAInvesco 0-5 Yr US TIPS ETF

In short

IBIJ Most target-maturity bond funds bundle corporate or plain Treasury paper. This one holds inflation-linked Treasuries with a 2033 maturity year stamped on the label, so the CPI adjustment comes with an end date instead of a perpetual roll.

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

IBIJ The fund seeks to track an index composed of U.S. Treasury Inflation-Protected Securities maturing in 2033.

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

  • IBIJ Tracks an index of U.S. Treasury Inflation-Protected Securities maturing in 2033: the inflation adjustment of TIPS inside a dated, term-structured wrapper.
  • Charges 0.10%, in line with the median target-maturity bond fund, for what is a narrower and less common corner of that shelf.
  • Rules-based and fully indexed to the ICE 2033 Maturity US Inflation-Linked Treasury Index. No manager picking bonds, no drift into other maturity years.
  • Sits in the upper half of its target-maturity peer group on our review, with high confidence in the mandate evidence behind it.
  • 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

  • IBIJ Thinly traded and modest in size, so spreads can be wider than the household-name bond ETFs. Limit orders matter more here.
  • Inflation-linked does not mean price-stable: before 2033, TIPS values still move with real yields.
  • Cheaper dated Treasury options exist in the same cohort (IBTJ at 0.07%), but they carry no inflation adjustment. Different job, different price.
  • 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 IBIJ profile⁠

Full PBTP profile⁠

IBIJ vs 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.

IBIJ vs PBTP Cost

Overpaying IBIJ vs PBTP

$626

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

  • IBIJ 0.10%

    $2,106

  • PBTP 0.07%

    $1,480

$10,000
30 years

Cost over time

  • IBIJ 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$2.5K051015202530IBIJ $2,106PBTP $1,480

Year by year

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

Expense ratio

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

PBTP 5th cheapest of 40 funds

IBIJ 7th cheapest of 40 funds

IBIJ vs PBTP Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
IBIJ 5.10%, better
PBTP 3.99%
Payout (12M)
IBIJ $1.27
PBTP $1.03
Last payment
IBIJ $0.14
PBTP $0.02
Ex-dividend
IBIJ Oct 1, 2026
PBTP Sep 21, 2026
Paid on
IBIJ Oct 6, 2026
PBTP Sep 25, 2026
Frequency
IBIJ Quarterly
PBTP Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

IBIJQuarterly · 12 paymentsAll IBIJ payments⁠
One bar per payment. 12 payments from 2017 to 2026 YTD. Dec 14, 2023 $0.16; Apr 1, 2024 $0.18; Jul 1, 2024 $0.51; Oct 1, 2024 $0.20; Dec 18, 2024 $0.21; Apr 1, 2025 $0.26; Jul 1, 2025 $0.38; Oct 1, 2025 $0.25; Dec 19, 2025 $0.31; Apr 1, 2026 $0.08; Jul 1, 2026 $0.74; Oct 1, 2026 $0.14. 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

IBIJ vs PBTP Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
IBIJ 5.7%PBTP 1.9%, better
Return per unit of riskSharpe ratio, 3 years
IBIJ 0.22PBTP 0.28, better
Worst fallMax drawdown, 5 years
IBIJ −5.2%since Sep 2023PBTP −5.5%
Market sensitivityBeta, 5 years
IBIJ 0.23PBTP 0.20

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