Which returned more over the last year, IBDX or SPBO?

In the year to Oct 9, 2026, with distributions reinvested, IBDX returned −1.0% and SPBO −1.8%.

Which is cheaper, IBDX or SPBO?

SPBO is cheaper, by 0.07 percentage points a year. That is about $7 on $10,000 held for a year. Fees come from each fund's prospectus.

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IBDX vs SPBO: Differences, Returns & Fees

IBDX's duration was 5.0 years on Jul 31, 2026 and SPBO's 6.9 on Jun 30, 2026; SPBO charges 0.03% to IBDX's 0.10%. Net assets: $1.8bn on Oct 9, 2026 for iShares iBonds Dec 2032 Term Corporate ETF, and $2.1bn on Oct 8, 2026 for State Street SPDR Portfolio Corporate Bond ETF.

SPBO costs 0.07 points a year less; their one-year returns differ by 0.8 points; SPBO is 1.2 times larger.

IBDX vs SPBO: Differences, Returns & Fees
	IBDX	SPBO
Expense ratio	0.10%	0.03%
Net assets, as of Oct 8, 2026	$1.8bn	$2.1bn
Total return, 1 year	−1.0%	−1.8%
What it tracks	Bloomberg December 2032 Maturity Corporate Index	Bloomberg U.S. Corporate Bond Index ?
Holdings in common	4%
Below its high	3.7%, high on Feb 27, 2026	4.0%, high on Feb 26, 2026

Holdings in common uses holdings dated Jun 30, 2026 and Jul 31, 2026.

−1.0%

IBDX total return, 1 year

−1.8%

SPBO total return, 1 year

0.10%

IBDX expense ratio

0.03%

SPBO expense ratio

What they hold in common

By the books each fund has filed, IBDX and SPBO hold 4% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026 and Jul 31, 2026.

50%

half

4% in common

Positions both hold, largest shared weight first

Holding IBDX SPBO

Meta Platforms, Inc., due Nov 15, 2032 1.20% 0.12%

UBS Americas, Inc., due Jul 15, 2032 0.25% 0.10%

PepsiCo, Inc., due Jul 23, 2032 0.27% 0.09%

Providence St Joseph Health Obligated Group, due Oct 1, 2032 0.13% 0.08%

Apple, Inc., due May 12, 2032 0.30% 0.08%

Broadcom, Inc., due Jul 15, 2032 0.50% 0.08%

Sumitomo Mitsui Financial Group, Inc., due Jan 15, 2032 0.18% 0.07%

Mastercard, Inc., due Jan 15, 2032 0.35% 0.07%

GE HealthCare Technologies, Inc., due Nov 22, 2032 0.55% 0.07%

Williams Cos., Inc. (The), due Mar 15, 2032 0.14% 0.06%

Johnson & Johnson, due Mar 1, 2032 0.35% 0.06%

Baxter International, Inc., due Feb 1, 2032 0.41% 0.06%

Only in IBDX

Verizon Communications, Inc., due Mar 15, 2032 1.24%

Amazon.com, Inc., due Dec 1, 2032 0.67%

Ford Motor Co., due Feb 12, 2032 0.66%

Broadcom, Inc., due Nov 15, 2032 0.58%

Ford Motor Co., due Aug 19, 2032 0.53%

Philip Morris International, Inc., due Nov 17, 2032 0.48%

Altria Group, Inc., due Feb 4, 2032 0.48%

UnitedHealth Group, Inc., due May 15, 2032 0.47%

Only in SPBO

Bank of America Corp, due Jul 21, 2028 0.27%

Bank of America Corp, due May 14, 2038 0.22%

Anheuser-Busch Cos LLC / Anheuser-Busch InBev Worldwide Inc, due Feb 1, 2046 0.20%

BAT Capital Corp, due Aug 2, 2043 0.18%

Bank of America Corp, due Mar 5, 2029 0.16%

Bank of America Corp, due Dec 20, 2028 0.16%

CVS Health Corp, due Jun 1, 2044 0.16%

JPMorgan Chase & Co, due Jul 23, 2036 0.15%

Check overlap with more funds →

On the same fields

IBDX

iShares iBonds Dec 2032 Term Corporate ETF

SPBO

State Street SPDR Portfolio Corporate Bond ETF

Where it sits Bond ETF Bond ETF

Issuer iShares State Street

What it is Tracks an index Tracks an index

Total return, 1 year −1.0% −1.8%

Its benchmark over the same days not published −1.9% (VTC)

Gap to its benchmark not available +0.1 pts vs VTC

Expense ratio 0.10% 0.03%

Holdings 434 4403

Net assets, IBDX as of Oct 9, 2026 and SPBO as of Oct 8, 2026 $1.8bn $2.1bn

IBDX and SPBO on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.

About IBDX

IBDX tracks an index. Over the year to Oct 9, 2026 it returned −1.0% with distributions reinvested. The prospectus expense ratio is 0.10% a year. It sat 3.7% below its high of Feb 27, 2026 on Oct 9, 2026.

About SPBO

SPBO tracks an index. Over the year to Oct 9, 2026 it returned −1.8% with distributions reinvested, against −1.9% for its benchmark, the Bloomberg U.S. Corporate Bond Index ?. The prospectus expense ratio is 0.03% a year. It sat 4.0% below its high of Feb 26, 2026 on Oct 9, 2026.

Questions people ask

Which returned more over the last year, IBDX or SPBO?: In the year to Oct 9, 2026, with distributions reinvested, IBDX returned −1.0% and SPBO −1.8%.
Which is cheaper, IBDX or SPBO?: SPBO is cheaper, by 0.07 percentage points a year. That is about $7 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

IBDX vs VTC IBDX vs QLTA BSCW vs IBDX IBDX vs UCON SPBO vs UCON SPBO vs USIG SPBO vs VTC SPBO vs SUSC

IBDX on its own →SPBO on its own →Hold both: look the portfolio through →Rankings →Standards and sources →

Where these figures came from

IBDX filings on SEC EDGAR ↗IBDX prospectus with the expense ratio (SEC) ↗iShares page for IBDX ↗SPBO filings on SEC EDGAR ↗SPBO prospectus with the expense ratio (SEC) ↗State Street website ↗

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, IBDX against SPBO, data as of Oct 9, 2026. https://etfiq.com/compare/any/ibdx-vs-spbo

Open data

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.