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IBIM vs PBTP

iShares iBonds Oct 2036 Term TIPS ETF

IBIMCNYSE Arca

Invesco 0-5 Yr US TIPS ETF

PBTPACboe

Overlap

No data

Expense ratio

PBTP −0.03pt a year

IBIM0.10%PBTP0.07%

Avg volume · 30D

PBTP 2.9×the volume

IBIM28.7KPBTP83.7K

IBIM vs PBTP Performance

Jul 31, 2026 – Oct 30, 2026

−0.6%IBIM+0.6%PBTP

Jul 31, 2026 to Oct 30, 2026. IBIM −0.6%. PBTP +0.6%. Use the arrow keys to read each point.−4%−3%−2%0%Jul 2026Sep 2026Oct 2026
Expense ratio
IBIM 0.10%
PBTP 0.07%, better
Fund size
IBIM $52M
PBTP $248M
1Y total return
IBIM No data
PBTP +2.7%
Yield (12M)
IBIM No data
PBTP 3.99%
Holdings
IBIM 4
PBTP 27
Avg volume (30D)
IBIM 28.7K sh
PBTP 83.7K sh, better
NAV per share
IBIM $24.31
PBTP $25.80
52W range

ETF.net Grade

IBIM: Cost 68, Risk 36, Mission not scored, Tradability 28, Holdings 30, Durability 33. PBTP: Cost 90, Risk 74, Mission 57, Tradability 58, Holdings 82, Durability 64.
Pillar letters and Scores for IBIM, PBTP, with each pillar’s weight
PillarIBIMPBTP
Cost30% weightB68A90Higher
Mission25% weightNot scoredB57
Risk15% weightD36A74Higher
Tradability15% weightD28B58Higher
Holdings10% weightD30A82Higher
Durability5% weightD33B64Higher

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. IBIM 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 IBIM 28th 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 27CJCPIJPMorgan Inflation Managed Bond ETFScore 47
  7. Rank 28CIBIMiShares iBonds Oct 2036 Term TIPS ETFScore 46
  8. Rank 29CLTPZPIMCO 15+ Year U.S. TIPS Index Exchange-Traded FundScore 43

Our read on each fund

ETF.net Research

IBIMCiShares iBonds Oct 2036 Term TIPS ETF

PBTPAInvesco 0-5 Yr US TIPS ETF

In short

IBIM A bond-ladder rung with inflation protection built in. IBIM tracks an index of Treasury TIPS maturing in 2036, giving the sleeve a defined end date instead of a fund that rolls its bonds 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

IBIM The fund seeks to track an index of U.S. Treasury Inflation-Protected Securities (TIPS) maturing in 2036. It is designed to provide inflation protection, support bond-ladder construction, and manage interest-rate risk with a defined maturity.

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

  • IBIM Inflation-linked Treasuries plus a defined maturity, a pairing that's uncommon in a target-maturity aisle dominated by corporate and nominal Treasury rungs.
  • Purpose-built as a ladder rung: the bonds inside mature together in 2036, which is how iShares frames it for laddering and managing interest-rate risk.ishares.com
  • Charges 0.10%, the median fee for target-maturity bond ETFs, though sibling nominal-Treasury rungs such as IBTJ come cheaper at 0.07%.
  • 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

  • IBIM Small and lightly traded, so bid-ask spreads can run wider than on large Treasury funds.
  • A 2026 launch means the track record is thin, and the fund currently sits in the lower half of its target-maturity peer group.
  • Narrow by design: one maturity year of US TIPS, not a broad bond sleeve, and distributions arrive annually or semiannually rather than monthly.
  • 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 IBIM profile⁠

Full PBTP profile⁠

IBIM 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.

IBIM vs PBTP Cost

Overpaying IBIM vs PBTP

$626

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

  • IBIM 0.10%

    $2,106

  • PBTP 0.07%

    $1,480

$10,000
30 years

Cost over time

  • IBIM 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$2.5K051015202530IBIM $2,106PBTP $1,480

Year by year

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

Expense ratio

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

PBTP 5th cheapest of 40 funds

IBIM 7th cheapest of 40 funds

IBIM vs PBTP Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
IBIM No data
PBTP 3.99%
Payout (12M)
IBIM No data
PBTP $1.03
Last payment
IBIM $0.09
PBTP $0.02
Ex-dividend
IBIM Oct 1, 2026
PBTP Sep 21, 2026
Paid on
IBIM Oct 6, 2026
PBTP Sep 25, 2026
Frequency
IBIM Quarterly
PBTP Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

IBIMQuarterly · 2 paymentsAll IBIM payments⁠
One bar per payment. 2 payments from 2017 to 2026 YTD. Jul 1, 2026 $0.46; Oct 1, 2026 $0.09. 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

IBIM vs PBTP Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
IBIM No dataPBTP 1.9%
Return per unit of riskSharpe ratio, 3 years
IBIM No dataPBTP 0.28
Worst fallMax drawdown, 5 years
IBIM No dataPBTP −5.5%
Market sensitivityBeta, 5 years
IBIM 0.26PBTP 0.20

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