^IDCOT10TR vs. TLH

Last updated Apr 2, 2026

Compare and contrast key facts about ICE U.S. Treasury 10-20 Year TR Index (^IDCOT10TR) and iShares 10-20 Year Treasury Bond ETF (TLH).

TLH is a passively managed fund by iShares that tracks the performance of the ICE U.S. Treasury 10-20 Year Bond Index. It was launched on Jan 11, 2007.

Performance

^IDCOT10TR vs. TLH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ICE U.S. Treasury 10-20 Year TR Index (^IDCOT10TR) and iShares 10-20 Year Treasury Bond ETF (TLH). The values are adjusted to include any dividend payments, if applicable.

^IDCOT10TR vs. TLH - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
^IDCOT10TR ICE U.S. Treasury 10-20 Year TR Index	-0.80%	6.86%	-3.72%	3.30%	-24.68%	-5.66%	13.56%	10.96%	-0.01%	4.19%
TLH iShares 10-20 Year Treasury Bond ETF	-0.33%	6.47%	-4.21%	4.03%	-25.24%	-5.38%	13.78%	10.11%	0.37%	4.21%

Returns By Period

In the year-to-date period, ^IDCOT10TR achieves a -0.80% return, which is significantly lower than TLH's -0.33% return. Over the past 10 years, ^IDCOT10TR has outperformed TLH with an annualized return of -0.60%, while TLH has yielded a comparatively lower -0.68% annualized return.

^IDCOT10TR

• 1D: -0.01%
• 1M: -3.82%
• YTD: -0.80%
• 6M: -0.44%
• 1Y: 0.71%
• 3Y*: -0.02%
• 5Y*: -3.15%
• 10Y*: -0.60%

TLH

• 1D: -0.09%
• 1M: -3.03%
• YTD: -0.33%
• 6M: -0.51%
• 1Y: 0.57%
• 3Y*: -0.23%
• 5Y*: -3.47%
• 10Y*: -0.68%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

^IDCOT10TR vs. TLH — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

^IDCOT10TR

^IDCOT10TR Risk / Return Rank: 17
^IDCOT10TR Sharpe Ratio Rank: 16
^IDCOT10TR Sortino Ratio Rank: 14
^IDCOT10TR Omega Ratio Rank: 14
^IDCOT10TR Calmar Ratio Rank: 20
^IDCOT10TR Martin Ratio Rank: 21

TLH

TLH Risk / Return Rank: 13
TLH Sharpe Ratio Rank: 13
TLH Sortino Ratio Rank: 11
TLH Omega Ratio Rank: 11
TLH Calmar Ratio Rank: 15
TLH Martin Ratio Rank: 14

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

^IDCOT10TR vs. TLH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ICE U.S. Treasury 10-20 Year TR Index (^IDCOT10TR) and iShares 10-20 Year Treasury Bond ETF (TLH). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	^IDCOT10TR	TLH	Difference
Sharpe ratio Return per unit of total volatility	0.08	0.06	+0.01
Sortino ratio Return per unit of downside risk	0.16	0.15	+0.02
Omega ratio Gain probability vs. loss probability	1.02	1.02	0.00
Calmar ratio Return relative to maximum drawdown	0.18	0.16	+0.02
Martin ratio Return relative to average drawdown	0.41	0.37	+0.04
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

^IDCOT10TR vs. TLH - Sharpe Ratio Comparison

The current ^IDCOT10TR Sharpe Ratio is 0.08, which is comparable to the TLH Sharpe Ratio of 0.06. The chart below compares the historical Sharpe Ratios of ^IDCOT10TR and TLH, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	^IDCOT10TR	TLH	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.08	0.06	+0.01
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.25	-0.27	+0.03
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.05	-0.06	+0.01
Sharpe Ratio (All Time) Calculated using the full available price history	0.30	0.28	+0.02

Correlation

The correlation between ^IDCOT10TR and TLH is 0.89, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Drawdowns

^IDCOT10TR vs. TLH - Drawdown Comparison

The maximum ^IDCOT10TR drawdown since its inception was -41.24%, roughly equal to the maximum TLH drawdown of -41.14%. Use the drawdown chart below to compare losses from any high point for ^IDCOT10TR and TLH.

Drawdown Indicators

	^IDCOT10TR	TLH	Difference
Max Drawdown Largest peak-to-trough decline	-41.24%	-41.14%	-0.10%
Max Drawdown (1Y) Largest decline over 1 year	-7.53%	-7.57%	+0.04%
Max Drawdown (5Y) Largest decline over 5 years	-35.44%	-35.41%	-0.03%
Max Drawdown (10Y) Largest decline over 10 years	-41.24%	-41.14%	-0.10%
Current Drawdown Current decline from peak	-29.59%	-29.69%	+0.10%
Average Drawdown Average peak-to-trough decline	-10.18%	-10.59%	+0.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.25%	3.31%	-0.06%

Volatility

^IDCOT10TR vs. TLH - Volatility Comparison

ICE U.S. Treasury 10-20 Year TR Index (^IDCOT10TR) has a higher volatility of 3.44% compared to iShares 10-20 Year Treasury Bond ETF (TLH) at 3.25%. This indicates that ^IDCOT10TR's price experiences larger fluctuations and is considered to be riskier than TLH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	^IDCOT10TR	TLH	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.44%	3.25%	+0.19%
Volatility (6M) Calculated over the trailing 6-month period	5.52%	5.40%	+0.12%
Volatility (1Y) Calculated over the trailing 1-year period	9.35%	9.28%	+0.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.71%	12.69%	+0.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.93%	11.19%	-0.26%