DTLE.L vs. BBLB
DTLE.L (iShares $ Treasury Bond 20+yr UCITS ETF EUR Hedged Dist) and BBLB (JPMorgan BetaBuilders U.S. Treasury Bond 20+ Year ETF) are both exchange-traded funds - DTLE.L is a Long-Term Bond fund managed by iShares, while BBLB is a Government Bonds fund tracking the ICE U.S. Treasury 20+ Year Bond Index. Over the past 3 years, DTLE.L returned -3.63%/yr vs -4.19%/yr for BBLB. A 0.65 correlation means they provide meaningful diversification when combined. DTLE.L charges 0.10%/yr vs 0.04%/yr for BBLB.
Performance
DTLE.L vs. BBLB - Performance Comparison
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Different Trading Currencies
DTLE.L is traded in EUR, while BBLB is traded in USD. To make them comparable, the BBLB values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, DTLE.L achieves a -1.71% return, which is significantly lower than BBLB's 1.01% return.
DTLE.L
- 1D
- 0.51%
- 1M
- 0.69%
- YTD
- -1.71%
- 6M
- -1.87%
- 1Y
- 1.77%
- 3Y*
- -3.63%
- 5Y*
- -8.07%
- 10Y*
- —
BBLB
- 1D
- 0.09%
- 1M
- 1.14%
- YTD
- 1.01%
- 6M
- -0.93%
- 1Y
- 1.82%
- 3Y*
- -4.19%
- 5Y*
- —
- 10Y*
- —
DTLE.L vs. BBLB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
DTLE.L iShares $ Treasury Bond 20+yr UCITS ETF EUR Hedged Dist | -1.71% | 2.25% | -9.05% | -4.56% |
BBLB JPMorgan BetaBuilders U.S. Treasury Bond 20+ Year ETF | 1.01% | -8.11% | -1.76% | -3.48% |
Correlation
The correlation between DTLE.L and BBLB is 0.53, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.53 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.66 |
Correlation (All Time) Calculated using the full available price history since Apr 21, 2023 | 0.65 |
The correlation between DTLE.L and BBLB shifts across timeframes, from 0.53 (1 year) to 0.66 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
DTLE.L vs. BBLB — Risk / Return Rank
DTLE.L
BBLB
DTLE.L vs. BBLB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares $ Treasury Bond 20+yr UCITS ETF EUR Hedged Dist (DTLE.L) and JPMorgan BetaBuilders U.S. Treasury Bond 20+ Year ETF (BBLB). 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.
| DTLE.L | BBLB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.01 | ||
| Sortino ratioReturn per unit of downside risk | -0.01 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 1.04 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 0.21 | 0.25 | -0.04 |
| Martin ratioReturn relative to average drawdown | 0.52 | 0.53 | -0.01 |
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
| DTLE.L | BBLB | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.18 | 0.19 | -0.01 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.54 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.24 | -0.30 | +0.05 |
Drawdowns
DTLE.L vs. BBLB - Drawdown Comparison
The maximum DTLE.L drawdown since its inception was -52.29%, which is greater than BBLB's maximum drawdown of -18.12%. Use the drawdown chart below to compare losses from any high point for DTLE.L and BBLB.
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Drawdown Indicators
| DTLE.L | BBLB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.29% | -18.12% | -34.17% |
Max Drawdown (1Y)Largest decline over 1 year | -8.47% | -7.39% | -1.08% |
Max Drawdown (3Y)Largest decline over 3 years | -19.18% | -17.19% | -1.99% |
Max Drawdown (5Y)Largest decline over 5 years | -45.70% | — | — |
Current DrawdownCurrent decline from peak | -47.88% | -13.66% | -34.22% |
Average DrawdownAverage peak-to-trough decline | -25.92% | -9.79% | -16.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.37% | 3.46% | -0.09% |
Volatility
DTLE.L vs. BBLB - Volatility Comparison
iShares $ Treasury Bond 20+yr UCITS ETF EUR Hedged Dist (DTLE.L) has a higher volatility of 3.46% compared to JPMorgan BetaBuilders U.S. Treasury Bond 20+ Year ETF (BBLB) at 2.20%. This indicates that DTLE.L's price experiences larger fluctuations and is considered to be riskier than BBLB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DTLE.L | BBLB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.46% | 2.20% | +1.26% |
Volatility (6M)Calculated over the trailing 6-month period | 6.73% | 7.03% | -0.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.91% | 9.78% | +0.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.94% | 13.65% | +1.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.50% | 13.65% | +1.85% |
DTLE.L vs. BBLB - Expense Ratio Comparison
DTLE.L has a 0.10% expense ratio, which is higher than BBLB's 0.04% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
DTLE.L vs. BBLB - Dividend Comparison
DTLE.L's dividend yield for the trailing twelve months is around 4.25%, less than BBLB's 4.99% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
BBLB JPMorgan BetaBuilders U.S. Treasury Bond 20+ Year ETF | 4.99% | 5.03% | 5.34% | 2.82% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
DTLE.L iShares $ Treasury Bond 20+yr UCITS ETF EUR Hedged Dist | 4.25% | 4.18% | 4.75% | 3.75% | 3.05% | 1.76% | 1.69% | 2.50% | 2.88% | 0.51% |
Frequently Asked Questions
DTLE.L and BBLB have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, BBLB is cheaper at 0.04% per year. The better choice depends on whether you care most about return, fees, risk, or income.
BBLB is cheaper with a 0.04% expense ratio, compared with 0.10% for DTLE.L.
DTLE.L is categorized as Long-Term Bond, while BBLB is Government Bonds. They also come from different issuers: iShares and JPMorgan. Their fees differ too: 0.10% for DTLE.L and 0.04% for BBLB.
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