^IDCOTCTR vs. IBTS.L
Compare and contrast key facts about ICE U.S. Treasury Core Bond TR Index (^IDCOTCTR) and iShares $ Treasury Bond 1-3yr UCITS ETF (IBTS.L).
IBTS.L is a passively managed fund by iShares that tracks the performance of the ICE U.S. Treasury 1-3 Year Bond Index. It was launched on Jun 2, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^IDCOTCTR or IBTS.L.
Key characteristics
| ^IDCOTCTR | IBTS.L | |
|---|---|---|
| YTD Return | 4.73% | -0.81% |
| 1Y Return | 9.12% | -1.01% |
| 3Y Return (Ann) | -1.94% | 2.46% |
| 5Y Return (Ann) | 0.08% | 0.43% |
| 10Y Return (Ann) | 1.46% | 3.74% |
| Sharpe Ratio | 1.59 | -0.13 |
| Daily Std Dev | 5.80% | 7.72% |
| Max Drawdown | -18.88% | -18.99% |
| Current Drawdown | -8.72% | -11.55% |
Correlation
The correlation between ^IDCOTCTR and IBTS.L is 0.14, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
^IDCOTCTR vs. IBTS.L - Performance Comparison
In the year-to-date period, ^IDCOTCTR achieves a 4.73% return, which is significantly higher than IBTS.L's -0.81% return. Over the past 10 years, ^IDCOTCTR has underperformed IBTS.L with an annualized return of 1.46%, while IBTS.L has yielded a comparatively higher 3.74% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
^IDCOTCTR vs. IBTS.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ICE U.S. Treasury Core Bond TR Index (^IDCOTCTR) and iShares $ Treasury Bond 1-3yr UCITS ETF (IBTS.L). 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.
Drawdowns
^IDCOTCTR vs. IBTS.L - Drawdown Comparison
The maximum ^IDCOTCTR drawdown since its inception was -18.88%, roughly equal to the maximum IBTS.L drawdown of -18.99%. Use the drawdown chart below to compare losses from any high point for ^IDCOTCTR and IBTS.L. For additional features, visit the drawdowns tool.
Volatility
^IDCOTCTR vs. IBTS.L - Volatility Comparison
The current volatility for ICE U.S. Treasury Core Bond TR Index (^IDCOTCTR) is 1.11%, while iShares $ Treasury Bond 1-3yr UCITS ETF (IBTS.L) has a volatility of 3.34%. This indicates that ^IDCOTCTR experiences smaller price fluctuations and is considered to be less risky than IBTS.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.