^TNX vs. ^TYX
Compare and contrast key facts about Treasury Yield 10 Years (^TNX) and Treasury Yield 30 Years (^TYX).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^TNX or ^TYX.
Correlation
The correlation between ^TNX and ^TYX is 0.94, 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.
Performance
^TNX vs. ^TYX - Performance Comparison
Key characteristics
^TNX:
0.64
^TYX:
0.65
^TNX:
1.08
^TYX:
1.08
^TNX:
1.12
^TYX:
1.12
^TNX:
0.17
^TYX:
0.24
^TNX:
1.29
^TYX:
1.51
^TNX:
10.43%
^TYX:
8.13%
^TNX:
21.57%
^TYX:
18.91%
^TNX:
-96.85%
^TYX:
-88.52%
^TNX:
-71.12%
^TYX:
-41.14%
Returns By Period
In the year-to-date period, ^TNX achieves a 0.02% return, which is significantly lower than ^TYX's 0.33% return. Over the past 10 years, ^TNX has outperformed ^TYX with an annualized return of 9.33%, while ^TYX has yielded a comparatively lower 7.03% annualized return.
^TNX
0.02%
1.11%
7.90%
11.72%
20.55%
9.33%
^TYX
0.33%
1.82%
7.40%
11.26%
16.77%
7.03%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
^TNX vs. ^TYX — Risk-Adjusted Performance Rank
^TNX
^TYX
^TNX vs. ^TYX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Treasury Yield 10 Years (^TNX) and Treasury Yield 30 Years (^TYX). 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
^TNX vs. ^TYX - Drawdown Comparison
The maximum ^TNX drawdown since its inception was -96.85%, which is greater than ^TYX's maximum drawdown of -88.52%. Use the drawdown chart below to compare losses from any high point for ^TNX and ^TYX. For additional features, visit the drawdowns tool.
Volatility
^TNX vs. ^TYX - Volatility Comparison
Treasury Yield 10 Years (^TNX) has a higher volatility of 4.53% compared to Treasury Yield 30 Years (^TYX) at 3.51%. This indicates that ^TNX's price experiences larger fluctuations and is considered to be riskier than ^TYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.