IBTG vs LFAI: Grades, Fees and Holdings Compared

iShares iBonds Dec 2026 Term Treasury ETF

IBTGANasdaq

LifeX 2050 Longevity Income ETF

LFAIDCboe

Overlap

No data

Expense ratio

IBTG −0.18pt a year

IBTG0.07%LFAI0.25%

Avg volume · 30D

IBTG 4635.9×the volume

IBTG556KLFAI120

IBTG vs LFAI Performance

Nov 7, 2025 – Nov 9, 2026

+3.6%IBTG−1.9%LFAI

Expense ratio: IBTG 0.07%, better; LFAI 0.25%
Fund size: IBTG $1.82B; LFAI $4M
1Y total return: IBTG +3.6%, better; LFAI −1.9%
Yield (12M): IBTG 3.85%; LFAI 6.96%, better
Holdings: IBTG 9; LFAI 23
Avg volume (30D): IBTG 556K sh, better; LFAI 120 sh
NAV per share: IBTG $22.83; LFAI $143.66
52W range

ETF.net Grade

Pillar letters and Scores for IBTG, LFAI, with each pillar’s weight
Pillar	IBTG	LFAI
Cost30% weight	B65Higher	F10
Mission25% weight	A100Higher	F20
Risk15% weight	A84Higher	C45
Tradability15% weight	A97Higher	D38
Holdings10% weight	D36	B61Higher
Durability5% weight	A91Higher	D36

Rank among Defined-Maturity Treasury funds

How we build Categories ›

Same Category. IBTG and LFAI are both graded against the same 30 Defined-Maturity Treasury funds, so their Grades compare head to head.

Defined-Maturity Treasury⁠

Category · 30 funds

See all 30 ›

IBTG ranks 1st and LFAI 26th of 30 funds in the Defined-Maturity Treasury Category.

Rank 1AIBTGiShares iBonds Dec 2026 Term Treasury ETFScore 79
Rank 2AIBTHiShares iBonds Dec 2027 Term Treasury ETFScore 77
Rank 25DIBGKiShares iBonds Dec 2054 Term Treasury ETFScore 36
Rank 26DLFAILifeX 2050 Longevity Income ETFScore 28
Rank 26DLFAOLifeX 2055 Longevity Income ETFScore 28

Our read on each fund

ETF.net Research

IBTGAiShares iBonds Dec 2026 Term Treasury ETF

LFAIDLifeX 2050 Longevity Income ETF

In short

IBTG A bond with a ticker. IBTG holds U.S. Treasuries maturing in 2026, then winds itself down and hands back the proceeds like a maturing note. Seven basis points a year, and one rung in a suite built for laddering.

LFAI No data

Stated mandate

IBTG The fund seeks to track an index of U.S. Treasury bonds that mature in 2026.

LFAI No data

Why people hold it

IBTG Defined end date: it holds Treasuries maturing in 2026 and terminates on or about October or December 15 of its named year, then pays out what is left.ishares.com ishares.com 2
U.S. Treasury debt only, so no issuer credit calls to second-guess, and the income shows up monthly.
Costs 0.07% a year, level with the typical defined-maturity Treasury fund and the same rate as sibling rungs IBTH, IBTI, IBTJ and IBTK.
Billion-dollar asset base, close tracking of its ICE Treasury maturity index, and steady on-screen trading: one of the stronger implementations in the Treasury ladder group.

LFAI No data

Worth knowing

IBTG In the final months the portfolio shifts into cash and cash-like instruments, so income varies over time and that stretch earns whatever cash rates happen to be.ishares.com
Termination is the design, not a surprise: liquidation proceeds land in your account, reinvesting is your call, and a gain or loss versus cost basis is a taxable event.ishares.com
Not a guarantee. iShares states investors may experience losses, including near or at the termination date, and the share price moves with rates along the way.ishares.com

LFAI No data

Full IBTG profile⁠

Full LFAI profile⁠

IBTG vs LFAI Holdings

How IBTG and LFAI differ

No overlap figure

Two bond funds rarely hold the same issues.

Level by level

Asset classBonds100%
Countryby domicile100%

Sector

IBTG and LFAI share no Sector name, so they cannot be compared by Sector.

Country, concentration and asset class

Country by domicile

Country weights in IBTG and LFAI, widest gap first
Country	More in IBTGMore in LFAI	Gap	IBTG	LFAI
United States		Same weight	100.0%	100.0%

Concentration

Weight in the 10 largest Holdings

IBTG100.0%
LFAI89.6%

Securities held

IBTG7
LFAI22

Asset class

IBTG: Bonds
LFAI: Bonds

Holdings

Two bond funds rarely hold the same issues, so this page lists no shared Holdings. IBTG holds 7 securities, LFAI 22.

All 7 IBTG holdings⁠All 23 LFAI 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.

IBTG vs LFAI Cost

Overpaying LFAI vs IBTG

$3,679

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

IBTG 0.07%
$1,480
LFAI 0.25%
$5,159

Amount$10,000

Years30 years

Cost over time

IBTG 0.07%
LFAI 0.25%
Overpaying

Year by year

Year	IBTG	LFAI	Overpaying
10	$128	$455	$327
20	$503	$1,769	$1,266
30	$1,480	$5,159	$3,679

Expense ratio

0.07%IBTG, cheaper
0.25%LFAI

IBTG0.07%LFAI0.25%

0.07%0.25%

Middle half of Defined-Maturity Treasury funds
Median 0.07%

IBTG cheapest of 30 funds

LFAI 24th cheapest of 30 funds

IBTG vs LFAI Dividends

Last 12 months to Nov 9, 2026

Yield (12M): IBTG 3.85%; LFAI 6.96%, better
Payout (12M): IBTG $0.88; LFAI $10.00
Last payment: IBTG $0.08; LFAI $0.83
Ex-dividend: IBTG Nov 2, 2026; LFAI Nov 3, 2026
Paid on: IBTG Nov 5, 2026; LFAI Nov 4, 2026
Frequency: IBTG Monthly; LFAI Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

IBTGMonthly · 46 paymentsAll IBTG payments⁠

LFAIMonthly · 28 paymentsAll LFAI payments⁠

IBTG vs LFAI Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: IBTG 1.5%LFAI 63.0%since Oct 2024
Return per unit of riskSharpe ratio, 3 years: IBTG 0.12LFAI −0.77since Oct 2024
Worst fallMax drawdown, 5 years: IBTG −10.8%LFAI −91.1%since Sep 2024
Market sensitivityBeta, 5 years: IBTG 0.24LFAI 0.07; Market = 1

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