BNB-USD vs. TLT

Last updated Apr 2, 2026

Compare and contrast key facts about Binance Coin (BNB-USD) and iShares 20+ Year Treasury Bond ETF (TLT).

TLT is a passively managed fund by iShares that tracks the performance of the ICE U.S. Treasury 20+ Year Bond Index. It was launched on Jul 22, 2002.

Performance

BNB-USD vs. TLT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Binance Coin (BNB-USD) and iShares 20+ Year Treasury Bond ETF (TLT). The values are adjusted to include any dividend payments, if applicable.

BNB-USD vs. TLT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BNB-USD Binance Coin	-28.97%	23.21%	124.36%	26.83%	-51.86%	1,277.47%	170.06%	126.63%	-29.71%	333.78%
TLT iShares 20+ Year Treasury Bond ETF	0.07%	4.25%	-8.05%	2.77%	-31.23%	-4.60%	18.15%	14.12%	-1.61%	1.10%

Returns By Period

In the year-to-date period, BNB-USD achieves a -28.97% return, which is significantly lower than TLT's 0.07% return.

BNB-USD

• 1D: -0.55%
• 1M: -3.80%
• YTD: -28.97%
• 6M: -40.26%
• 1Y: 0.35%
• 3Y*: 25.02%
• 5Y*: 13.07%
• 10Y*: —

TLT

• 1D: -0.10%
• 1M: -3.35%
• YTD: 0.07%
• 6M: -1.23%
• 1Y: -1.44%
• 3Y*: -2.81%
• 5Y*: -5.87%
• 10Y*: -1.39%

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

Return for Risk

BNB-USD vs. TLT — Risk / Return Rank

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

BNB-USD

BNB-USD Risk / Return Rank: 79
BNB-USD Sharpe Ratio Rank: 80
BNB-USD Sortino Ratio Rank: 80
BNB-USD Omega Ratio Rank: 79
BNB-USD Calmar Ratio Rank: 79
BNB-USD Martin Ratio Rank: 79

TLT

TLT Risk / Return Rank: 9
TLT Sharpe Ratio Rank: 9
TLT Sortino Ratio Rank: 8
TLT Omega Ratio Rank: 8
TLT Calmar Ratio Rank: 11
TLT Martin Ratio Rank: 11

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.

BNB-USD vs. TLT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Binance Coin (BNB-USD) and iShares 20+ Year Treasury Bond ETF (TLT). 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.

	BNB-USD	TLT	Difference
Sharpe ratio Return per unit of total volatility	0.01	-0.13	+0.13
Sortino ratio Return per unit of downside risk	0.38	-0.10	+0.48
Omega ratio Gain probability vs. loss probability	1.04	0.99	+0.05
Calmar ratio Return relative to maximum drawdown	-0.52	-0.06	-0.46
Martin ratio Return relative to average drawdown	-0.91	-0.13	-0.78
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BNB-USD vs. TLT - Sharpe Ratio Comparison

The current BNB-USD Sharpe Ratio is 0.01, which is higher than the TLT Sharpe Ratio of -0.13. The chart below compares the historical Sharpe Ratios of BNB-USD and TLT, 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

	BNB-USD	TLT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.01	-0.13	+0.13
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.19	-0.37	+0.56
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	-0.09	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.01	0.26	+0.75

Correlation

The correlation between BNB-USD and TLT is 0.00, 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.

Drawdowns

BNB-USD vs. TLT - Drawdown Comparison

The maximum BNB-USD drawdown since its inception was -79.74%, which is greater than TLT's maximum drawdown of -48.35%. Use the drawdown chart below to compare losses from any high point for BNB-USD and TLT.

Drawdown Indicators

	BNB-USD	TLT	Difference
Max Drawdown Largest peak-to-trough decline	-79.74%	-48.35%	-31.39%
Max Drawdown (1Y) Largest decline over 1 year	-55.35%	-9.23%	-46.12%
Max Drawdown (5Y) Largest decline over 5 years	-70.85%	-43.70%	-27.15%
Max Drawdown (10Y) Largest decline over 10 years	—	-48.35%	—
Current Drawdown Current decline from peak	-53.08%	-40.23%	-12.85%
Average Drawdown Average peak-to-trough decline	-38.39%	-13.62%	-24.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	31.88%	4.39%	+27.49%

Volatility

BNB-USD vs. TLT - Volatility Comparison

Binance Coin (BNB-USD) has a higher volatility of 9.91% compared to iShares 20+ Year Treasury Bond ETF (TLT) at 3.71%. This indicates that BNB-USD's price experiences larger fluctuations and is considered to be riskier than TLT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BNB-USD	TLT	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.91%	3.71%	+6.20%
Volatility (6M) Calculated over the trailing 6-month period	43.48%	6.61%	+36.87%
Volatility (1Y) Calculated over the trailing 1-year period	43.41%	11.40%	+32.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	57.54%	15.88%	+41.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	80.80%	14.93%	+65.87%