IBTJ vs IBTK: Grades, Fees and Holdings Compared

iShares iBonds Dec 2029 Term Treasury ETF

IBTJANasdaq

iShares iBonds Dec 2030 Term Treasury ETF

IBTKANasdaq

Overlap

No data

Expense ratio

IBTJ0.07%IBTK0.07%

Avg volume · 30D

IBTK 1.1×the volume

IBTJ398KIBTK432K

5Y return · a year

IBTJ +0.7pt

IBTJ+0.1%IBTK−0.6%

IBTJ vs IBTK Performance

Oct 29, 2021 – Oct 30, 2026

+0.5%IBTJ−3.2%IBTK

Expense ratio: IBTJ 0.07%; IBTK 0.07%
Fund size: IBTJ $1.56B; IBTK $1.23B
1Y total return: IBTJ +1.1%, better; IBTK +0.2%
Yield (12M): IBTJ 3.78%; IBTK 3.79%, better
Holdings: IBTJ 40; IBTK 28
Avg volume (30D): IBTJ 398K sh; IBTK 432K sh, better
NAV per share: IBTJ $21.42; IBTK $19.23
52W range

ETF.net Grade

Pillar letters and Scores for IBTJ, IBTK, with each pillar’s weight
Pillar	IBTJ	IBTK
Cost30% weight	B65	B65
Mission25% weight	A100	A100
Risk15% weight	C53Higher	C48
Tradability15% weight	B63Higher	B60
Holdings10% weight	A73Higher	B65
Durability5% weight	A88Higher	A84

Rank among Defined-Maturity Treasury funds

How we build Categories ›

Same Category. IBTJ and IBTK 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 ›

IBTJ ranks 4th and IBTK 5th of 30 funds in the Defined-Maturity Treasury Category.

Rank 1AIBTGiShares iBonds Dec 2026 Term Treasury ETFScore 80
Rank 2AIBTHiShares iBonds Dec 2027 Term Treasury ETFScore 78
Rank 3AIBTIiShares iBonds Dec 2028 Term Treasury ETFScore 76
Rank 4AIBTJiShares iBonds Dec 2029 Term Treasury ETFScore 73
Rank 5AIBTKiShares iBonds Dec 2030 Term Treasury ETFScore 71
Rank 6BIBTLiShares iBonds Dec 2031 Term Treasury ETFScore 70

Our read on each fund

ETF.net Research

IBTJAiShares iBonds Dec 2029 Term Treasury ETF

IBTKAiShares iBonds Dec 2030 Term Treasury ETF

In short

IBTJ One rung of a Treasury ladder in a single ticker. IBTJ holds only US Treasuries maturing in 2029, giving a defined end date instead of a bond fund that rolls its maturities forever.

IBTK A single rung of a Treasury ladder in ETF form: IBTK owns only U.S. government bonds maturing in 2030, so it behaves more like one bond with an end date than an open-ended bond fund.

Stated mandate

IBTJ The fund seeks to track an index of U.S. Treasury bonds maturing in 2029, offering defined-maturity exposure for income, stability, bond-ladder construction, and interest-rate-risk management.

IBTK The fund seeks to follow an index made up of U.S. Treasury bonds that mature in 2030.

Why people hold it

IBTJ Charges 0.07% a year, under the typical fund in its target-maturity group, and it does the job with Treasuries while most top-ranked peers (IBDU, BSCT, VBCB) hold corporate credit.
Defined maturity does ladder work for you: roughly 30 Treasuries, all maturing in 2029, tracked against the ICE 2029 Maturity US Treasury Index.
Hugs its index closely and ranks among the strongest implementations in its target-maturity peer group. A multi-billion-dollar iShares fund that has been trading since 2020, paying monthly.

IBTK Charges 0.07% a year against a 0.10% median for target-maturity bond funds. Cheap matters most where the underlying asset is plain Treasuries.
Tracks the ICE 2030 Maturity US Treasury Index tightly, one of the cleaner implementations among the 126 target-maturity funds we cover.
U.S. Treasuries only. No corporate credit in the basket, so what you get is government paper with a 2030 finish line.
One rung in a stackable set: sibling IBTJ does the same job for 2029 at the same 0.07% fee, letting maturities be laddered year by year.

Worth knowing

IBTJ It is one maturity year of one issuer: US Treasuries due 2029. No credit spread, no spread of maturities. A building block, not a whole bond sleeve.
Until 2029 the share price still moves with interest rates. The defined maturity fixes the end date, not the ride getting there.
Trading is moderate rather than headline-Treasury-ETF busy, which matters most on larger orders.

IBTK Built around one date. As 2030 approaches the bonds' remaining life shortens, so rate sensitivity fades and the fund starts acting like short-term paper.
Before that date it still moves with rates. A defined maturity is not a defined price along the way.
Moderately traded rather than heavily traded, a concentrated slice of the Treasury curve held by a couple dozen issues.

Full IBTJ profile⁠

Full IBTK profile⁠

IBTJ vs IBTK Holdings

How IBTJ and IBTK differ

No overlap figure

Two bond funds rarely hold the same issues.

Level by level

Asset classFixed Income100%
Countryby domicile100%

Sector

No Sector split for IBTK.

Country, concentration and asset class

Country by domicile

Country weights in IBTJ and IBTK, widest gap first
Country	More in IBTJMore in IBTK	IBTJ	IBTK
United States	Same weight	100.0%	100.0%

Concentration

Weight in the 10 largest Holdings

IBTJ35.7%
IBTK53.1%

Securities held

IBTJ38
IBTK26

Asset class

IBTJ: Fixed Income
IBTK: Fixed Income

Holdings

Two bond funds rarely hold the same issues, so this page lists no shared Holdings. IBTJ holds 38 securities, IBTK 26.

All 37 IBTJ holdings⁠All 26 IBTK 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.

IBTJ vs IBTK Cost

Same expense ratio

$1,480

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

IBTJ 0.07%
$1,480
IBTK 0.07%
$1,480

Amount$10,000

Years30 years

Cost over time

IBTJ 0.07%
IBTK 0.07%

Year by year

Year	IBTJ	IBTK
10	$128	$128
20	$503	$503
30	$1,480	$1,480

Expense ratio

0.07%IBTJ
0.07%IBTK

IBTJ0.07%IBTK0.07%

0.07%0.25%

Middle half of Defined-Maturity Treasury funds
Median 0.07%

IBTJ cheapest of 30 funds

IBTK cheapest of 30 funds

IBTJ vs IBTK Dividends

Last 12 months to Oct 30, 2026

Yield (12M): IBTJ 3.78%; IBTK 3.79%, better
Payout (12M): IBTJ $0.81; IBTK $0.73
Last payment: IBTJ $0.07; IBTK $0.06
Ex-dividend: IBTJ Oct 1, 2026; IBTK Oct 1, 2026
Paid on: IBTJ Oct 6, 2026; IBTK Oct 6, 2026
Frequency: IBTJ Monthly; IBTK Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

IBTJMonthly · 45 paymentsAll IBTJ payments⁠

IBTKMonthly · 45 paymentsAll IBTK payments⁠

IBTJ vs IBTK Risk

Fall from peak · 5 years

IBTJ
IBTK

Risk facts

VolatilityStd dev, 3 years: IBTJ 4.0%, betterIBTK 4.9%
Return per unit of riskSharpe ratio, 3 years: IBTJ 0.13, betterIBTK 0.12
Worst fallMax drawdown, 5 years: IBTJ −15.9%, betterIBTK −18.5%
Market sensitivityBeta, 5 years: IBTJ 0.72IBTK 0.88; Market = 1

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