BIV vs IEF

Comparison between VANGUARD INTERMEDIATE-TERM BOND INDEX FUND ETF SHARES (BIV, ETF) and ISHARES 7-10 YEAR TREASURY BOND ETF (IEF, ETF).

5-Year PerformanceBIV has outperformed IEF, delivering a return of +0.4% compared to -0.9%

BIV vs IEF - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BIV(ETF)	IEF(ETF)
Net Assets	$52B	$49B
Expense Ratio	0.03%	0.15%
Max Drawdown	25.30%	27.72%
Sharpe Ratio	0.35	0.05
5Y Beta	0.03	-0.00
5Y Dividends CAGR	3.55%	29.93%

Net Assets

Winner

BIV

$52B

IEF

$49B

Expense Ratio

Winner

BIV

0.03%

IEF

0.15%

Max Drawdown

Winner

BIV

25.30%

IEF

27.72%

Sharpe Ratio

Winner

BIV

0.35

IEF

0.05

5Y Beta

BIV

0.03

Winner

IEF

-0.00

5Y Dividends CAGR

BIV

3.55%

Winner

IEF

29.93%

BIV vs IEF - Historical Returns

Returns include dividend reinvestment.

Period	BIV	IEF
1 month	+0.04%	-0.20%
3 months	-0.12%	-0.23%
6 months	+0.73%	+0.10%
1 year	+5.74%	+4.64%
5 years(CAGR)	+0.41%	-0.94%
10 years(CAGR)	+2.00%	+0.74%
Max(CAGR)	+3.87%	+3.44%

Winner

BIV

+0.04%

IEF

-0.20%

Winner

BIV

-0.12%

IEF

-0.23%

Winner

BIV

+0.73%

IEF

+0.10%

Winner

BIV

+5.74%

IEF

+4.64%

5Y(CAGR)

Winner

BIV

+0.41%

IEF

-0.94%

10Y(CAGR)

Winner

BIV

+2.00%

IEF

+0.74%

Max(CAGR)

Winner

BIV

+3.87%

IEF

+3.44%

BIV vs IEF - Annual Returns (2002 - 2026)

Returns include dividend reinvestment.

Year	BIV	IEF
2026	+0.31%	+0.11%
2025	+8.48%	+7.97%
2024	+2.01%	-0.26%
2023	+5.52%	+2.84%
2022	-12.65%	-14.36%
2021	-2.39%	-3.35%
2020	+9.43%	+9.50%
2019	+10.08%	+7.80%
2018	+0.14%	+1.32%
2017	+3.73%	+2.60%
2016	+2.78%	+0.58%
2015	+0.81%	+1.00%
2014	+7.02%	+8.64%
2013	-3.49%	-5.66%
2012	+6.89%	+4.33%
2011	+11.22%	+16.00%
2010	+8.70%	+9.10%
2009	+5.49%	-5.23%
2008	+6.85%	+17.07%
2007	+6.32%	+10.05%
2006	N/A	+2.53%
2005	N/A	+2.44%
2004	N/A	+4.97%
2003	N/A	+3.73%
2002	N/A	+6.25%

BIV vs IEF Drawdown Comparison

The maximum drawdown for BIV was -18.95%, occurring on Oct 20, 2022. Recovery took 1387 trading sessions.

The maximum drawdown for IEF was -23.92%, occurring on Oct 19, 2023. This drawdown has not yet recovered.

The current BIV drawdown is -1.54%. The current IEF drawdown is -10.74%.

Rank	BIV	IEF
#1	-18.95% Aug 6, 2020 - Feb 13, 2026	-23.92% Aug 4, 2020 - Oct 19, 2023
#2	-13.63% Sep 15, 2008 - Dec 16, 2008	-10.40% Dec 30, 2008 - Jun 28, 2010
#3	-9.16% Mar 6, 2020 - May 22, 2020	-9.07% May 1, 2013 - Oct 14, 2014
#4	-7.66% May 1, 2013 - Aug 13, 2014	-8.81% Jul 8, 2016 - May 28, 2019
#5	-6.02% Nov 4, 2010 - Jun 1, 2011	-8.53% Jun 13, 2003 - Mar 16, 2004
#6	-5.93% Jul 8, 2016 - Sep 5, 2017	-8.01% Oct 11, 2010 - Jul 13, 2011
#7	-5.76% Dec 30, 2008 - Jul 8, 2009	-7.21% Mar 16, 2004 - Sep 22, 2004
#8	-5.05% Sep 7, 2017 - Jan 31, 2019	-6.18% Mar 20, 2008 - Sep 15, 2008
#9	-3.93% Mar 19, 2008 - Sep 15, 2008	-5.37% Sep 17, 2008 - Nov 19, 2008
#10	-3.59% Jan 30, 2015 - Feb 2, 2016	-5.35% Jan 30, 2015 - Jan 28, 2016
#11	-3.14% May 8, 2007 - Aug 17, 2007	-4.91% Jun 1, 2005 - Sep 21, 2006
#12	-2.87% Feb 27, 2026 - Mar 26, 2026	-4.68% Mar 9, 2020 - Apr 1, 2020
#13	-2.77% Sep 22, 2011 - Dec 16, 2011	-4.40% Sep 22, 2011 - Dec 19, 2011
#14	-2.74% Nov 30, 2009 - Mar 2, 2010	-4.03% Oct 9, 2002 - Feb 13, 2003
#15	-2.46% Sep 4, 2019 - Oct 4, 2019	-3.91% Feb 9, 2005 - May 5, 2005

Correlation

Correlation between BIV and IEF is 0.98 which considered as a very strong positive correlation - the stocks move almost identically together.

0.98

-101

Dividend Comparison (2002 - 2026)

BIV vs IEF dividend yield comparison.

Year	BIV	IEF
2026	1.40%	1.29%
2025	4.01%	3.77%
2024	3.79%	3.62%
2023	3.09%	2.91%
2022	2.41%	1.96%
2021	3.42%	0.83%
2020	2.95%	1.08%
2019	2.75%	2.08%
2018	2.88%	2.24%
2017	2.69%	1.82%
2016	3.01%	1.81%
2015	3.02%	1.90%
2014	3.42%	2.05%
2013	4.22%	1.77%
2012	5.15%	1.79%
2011	5.17%	2.55%
2010	4.54%	3.24%
2009	4.39%	3.96%
2008	4.45%	3.71%
2007	3.09%	4.29%
2006	0.00%	4.23%
2005	0.00%	3.87%
2004	0.00%	3.74%
2003	0.00%	3.80%
2002	0.00%	2.07%