IBDR vs RAVI: Differences, Returns & Fees
On Jul 31, 2026 IBDR's duration was 0.2 years and RAVI's 0.5; IBDR charges 0.10% to RAVI's 0.25%. Net assets: $2.9bn on Oct 20, 2026 for iShares iBonds Dec 2026 Term Corporate ETF, and $1.5bn on Jul 31, 2026 for Northern Trust Ultra-Short Fixed Income ETF.
IBDR costs 0.15 points a year less; their one-year returns differ by 0.1 points; IBDR is 2.3 times larger.
| IBDR | RAVI | |
|---|---|---|
| Expense ratio | 0.10% | 0.25% |
| Net assets, as of Jul 31, 2026 | $3.4bn | $1.5bn |
| Total return, 1 year | +3.9% | +3.8% |
| What it tracks | not read by ETFIQ | No index, actively managed |
| Holdings in common | 4% | |
Holdings in common uses holdings dated Jul 31, 2026.
IBDR and RAVI are built for the same job. How do they differ in cost, holdings and results?
- What each follows. IBDR follows not read by ETFIQ and RAVI follows No index, actively managed.
- Holdings in common. 4% of the weight is in the same securities (holdings dated Jul 31, 2026).
- Number of holdings. IBDR holds 81 positions and RAVI holds 244.
Data as of Oct 20, 2026. The differences are picked by a fixed rule, in a fixed order; the PDF prints it. Page 2 has the returns, overlap, risks and sources.
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What they hold in common
By the books each fund has filed, IBDR and RAVI hold 4% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026.
half
4% in common
On the same fields
IBDR and RAVI on the fields both publish, as of Oct 20, 2026. Source: ETFIQ.
About IBDR
IBDR tracks an index. Over the year to Oct 20, 2026 it returned +3.9% with distributions reinvested. The prospectus expense ratio is 0.10% a year.
About RAVI
RAVI is actively managed and tracks no index. Over the year to Oct 20, 2026 it returned +3.8% with distributions reinvested. The prospectus expense ratio is 0.25% a year.
Questions people ask
- Which returned more over the last year, IBDR or RAVI?
- In the year to Oct 20, 2026, with distributions reinvested, IBDR returned +3.9% and RAVI +3.8%.
- Which is cheaper, IBDR or RAVI?
- IBDR is cheaper, by 0.15 percentage points a year. That is about $15 on $10,000 held for a year. Fees come from each fund's prospectus.
ETFIQ links to the documents behind every figure; a link is not an endorsement. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
Cite this pageCitation, APA and Markdown
ETFIQ, IBDR against RAVI, data as of Oct 20, 2026. https://etfiq.com/compare/any/ibdr-vs-ravi
ETFIQ. (Oct 20, 2026). IBDR against RAVI. Retrieved from https://etfiq.com/compare/any/ibdr-vs-ravi
[IBDR against RAVI (ETFIQ, Oct 20, 2026)](https://etfiq.com/compare/any/ibdr-vs-ravi)
Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.