^TYX vs. ^TNX
Compare and contrast key facts about Treasury Yield 30 Years (^TYX) and Treasury Yield 10 Years (^TNX).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^TYX or ^TNX.
Key characteristics
| ^TYX | ^TNX | |
|---|---|---|
| YTD Return | 8.78% | 9.88% |
| 1Y Return | 14.48% | 14.22% |
| 3Y Return (Ann) | 20.87% | 40.68% |
| 5Y Return (Ann) | 8.76% | 16.29% |
| 10Y Return (Ann) | 2.02% | 5.33% |
| Sharpe Ratio | -0.04 | 0.47 |
| Daily Std Dev | 19.71% | 25.07% |
| Max Drawdown | -93.84% | -93.78% |
| Current Drawdown | -71.26% | -47.05% |
Correlation
The correlation between ^TYX and ^TNX is 0.91, 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
^TYX vs. ^TNX - Performance Comparison
In the year-to-date period, ^TYX achieves a 8.78% return, which is significantly lower than ^TNX's 9.88% return. Over the past 10 years, ^TYX has underperformed ^TNX with an annualized return of 2.02%, while ^TNX has yielded a comparatively higher 5.33% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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
^TYX vs. ^TNX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Treasury Yield 30 Years (^TYX) and Treasury Yield 10 Years (^TNX). 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
^TYX vs. ^TNX - Drawdown Comparison
The maximum ^TYX drawdown since its inception was -93.84%, roughly equal to the maximum ^TNX drawdown of -93.78%. Use the drawdown chart below to compare losses from any high point for ^TYX and ^TNX. For additional features, visit the drawdowns tool.
Volatility
^TYX vs. ^TNX - Volatility Comparison
The current volatility for Treasury Yield 30 Years (^TYX) is 6.16%, while Treasury Yield 10 Years (^TNX) has a volatility of 6.96%. This indicates that ^TYX experiences smaller price fluctuations and is considered to be less risky than ^TNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.