AKBTY vs. ^TNX
Compare and contrast key facts about Akbank Turk Anonim Sirketi (AKBTY) and Treasury Yield 10 Years (^TNX).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AKBTY or ^TNX.
Correlation
The correlation between AKBTY and ^TNX is 0.10, 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
AKBTY vs. ^TNX - Performance Comparison
Key characteristics
AKBTY:
0.68
^TNX:
0.75
AKBTY:
1.28
^TNX:
1.25
AKBTY:
1.14
^TNX:
1.14
AKBTY:
0.52
^TNX:
0.30
AKBTY:
2.54
^TNX:
1.62
AKBTY:
14.79%
^TNX:
10.31%
AKBTY:
55.28%
^TNX:
22.26%
AKBTY:
-90.78%
^TNX:
-93.78%
AKBTY:
-56.95%
^TNX:
-43.61%
Returns By Period
In the year-to-date period, AKBTY achieves a 51.46% return, which is significantly higher than ^TNX's 17.02% return. Over the past 10 years, AKBTY has underperformed ^TNX with an annualized return of -2.84%, while ^TNX has yielded a comparatively higher 7.22% annualized return.
AKBTY
51.46%
16.94%
-9.80%
36.54%
11.40%
-2.84%
^TNX
17.02%
2.68%
6.27%
16.18%
18.78%
7.22%
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
AKBTY vs. ^TNX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Akbank Turk Anonim Sirketi (AKBTY) 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
AKBTY vs. ^TNX - Drawdown Comparison
The maximum AKBTY drawdown since its inception was -90.78%, roughly equal to the maximum ^TNX drawdown of -93.78%. Use the drawdown chart below to compare losses from any high point for AKBTY and ^TNX. For additional features, visit the drawdowns tool.
Volatility
AKBTY vs. ^TNX - Volatility Comparison
Akbank Turk Anonim Sirketi (AKBTY) has a higher volatility of 12.85% compared to Treasury Yield 10 Years (^TNX) at 6.15%. This indicates that AKBTY's price experiences larger fluctuations and is considered to be riskier than ^TNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.