DTLA.L vs. ICGA.DE
DTLA.L (iShares USD Treasury Bond 20+yr UCITS ETF USD (Acc)) and ICGA.DE (iShares MSCI China UCITS ETF USD Acc) are both exchange-traded funds - DTLA.L is a Government Bonds fund tracking the ICE US Treasury 20+ Year Index, while ICGA.DE is a China Equities fund tracking the MSCI China. Both are passively managed. Over the past 5 years, DTLA.L returned -6.06%/yr vs -5.21%/yr for ICGA.DE. At a correlation of -0.06, they often move in opposite directions. DTLA.L charges 0.07%/yr vs 0.28%/yr for ICGA.DE.
Performance
DTLA.L vs. ICGA.DE - Performance Comparison
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Different Trading Currencies
DTLA.L is traded in USD, while ICGA.DE is traded in EUR. To make them comparable, the ICGA.DE values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, DTLA.L achieves a -0.98% return, which is significantly higher than ICGA.DE's -7.94% return.
DTLA.L
- 1D
- 0.48%
- 1M
- 0.71%
- YTD
- -0.98%
- 6M
- -1.10%
- 1Y
- 3.98%
- 3Y*
- -1.52%
- 5Y*
- -6.06%
- 10Y*
- —
ICGA.DE
- 1D
- -0.41%
- 1M
- -2.76%
- YTD
- -7.94%
- 6M
- -8.76%
- 1Y
- 4.49%
- 3Y*
- 10.66%
- 5Y*
- -5.21%
- 10Y*
- —
DTLA.L vs. ICGA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
DTLA.L iShares USD Treasury Bond 20+yr UCITS ETF USD (Acc) | -0.98% | 4.47% | -6.97% | 1.69% | -30.29% | -4.46% | 17.00% | 4.14% |
ICGA.DE iShares MSCI China UCITS ETF USD Acc | -7.94% | 31.68% | 20.00% | -12.01% | -19.85% | -23.80% | 26.58% | 12.37% |
Correlation
The correlation between DTLA.L and ICGA.DE is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.13 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.07 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.01 |
Correlation (All Time) Calculated using the full available price history since Jun 26, 2019 | -0.06 |
The correlation between DTLA.L and ICGA.DE shifts across timeframes, from -0.06 (all time) to 0.13 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
DTLA.L vs. ICGA.DE — Risk / Return Rank
DTLA.L
ICGA.DE
DTLA.L vs. ICGA.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares USD Treasury Bond 20+yr UCITS ETF USD (Acc) (DTLA.L) and iShares MSCI China UCITS ETF USD Acc (ICGA.DE). 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.
| DTLA.L | ICGA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.17 | ||
| Sortino ratioReturn per unit of downside risk | +0.19 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.05 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 0.53 | 0.26 | +0.27 |
| Martin ratioReturn relative to average drawdown | 1.34 | 0.54 | +0.80 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| DTLA.L | ICGA.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.41 | 0.23 | +0.17 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.41 | -0.18 | -0.23 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.07 | 0.05 | -0.13 |
Drawdowns
DTLA.L vs. ICGA.DE - Drawdown Comparison
The maximum DTLA.L drawdown since its inception was -48.47%, smaller than the maximum ICGA.DE drawdown of -62.73%. Use the drawdown chart below to compare losses from any high point for DTLA.L and ICGA.DE.
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Drawdown Indicators
| DTLA.L | ICGA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.47% | -62.73% | +14.26% |
Max Drawdown (1Y)Largest decline over 1 year | -7.52% | -17.31% | +9.79% |
Max Drawdown (3Y)Largest decline over 3 years | -18.61% | -25.20% | +6.59% |
Max Drawdown (5Y)Largest decline over 5 years | -42.87% | -56.38% | +13.51% |
Current DrawdownCurrent decline from peak | -40.52% | -35.42% | -5.10% |
Average DrawdownAverage peak-to-trough decline | -24.06% | -32.71% | +8.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.96% | 8.33% | -5.37% |
Volatility
DTLA.L vs. ICGA.DE - Volatility Comparison
The current volatility for iShares USD Treasury Bond 20+yr UCITS ETF USD (Acc) (DTLA.L) is 3.37%, while iShares MSCI China UCITS ETF USD Acc (ICGA.DE) has a volatility of 7.41%. This indicates that DTLA.L experiences smaller price fluctuations and is considered to be less risky than ICGA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DTLA.L | ICGA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.37% | 7.41% | -4.04% |
Volatility (6M)Calculated over the trailing 6-month period | 6.53% | 14.06% | -7.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.82% | 19.30% | -9.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.93% | 29.18% | -14.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.78% | 28.17% | -13.39% |
DTLA.L vs. ICGA.DE - Expense Ratio Comparison
DTLA.L has a 0.07% expense ratio, which is lower than ICGA.DE's 0.28% expense ratio.
Dividends
DTLA.L vs. ICGA.DE - Dividend Comparison
Neither DTLA.L nor ICGA.DE has paid dividends to shareholders.
Frequently Asked Questions
DTLA.L and ICGA.DE have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, DTLA.L is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
DTLA.L is cheaper with a 0.07% expense ratio, compared with 0.28% for ICGA.DE.
DTLA.L is categorized as Government Bonds, while ICGA.DE is China Equities. DTLA.L tracks ICE US Treasury 20+ Year Index, while ICGA.DE tracks MSCI China. Their fees differ too: 0.07% for DTLA.L and 0.28% for ICGA.DE.
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