DTLE.L vs. LUTR.L
DTLE.L (iShares $ Treasury Bond 20+yr UCITS ETF EUR Hedged Dist) and LUTR.L (SPDR Bloomberg 10+ Year US Treasury Bond UCITS ETF) are both exchange-traded funds - DTLE.L is a Long-Term Bond fund managed by iShares, while LUTR.L is a Government Bonds fund tracking the Bloomberg US Treasury 10+ Year Index. Over the past 5 years, DTLE.L returned -8.07%/yr vs -4.32%/yr for LUTR.L. Their correlation of 0.83 suggests significant overlap in exposure. DTLE.L charges 0.10%/yr vs 0.15%/yr for LUTR.L.
Performance
DTLE.L vs. LUTR.L - Performance Comparison
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Different Trading Currencies
DTLE.L is traded in EUR, while LUTR.L is traded in USD. To make them comparable, the LUTR.L 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 LUTR.L's 0.28% 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*
- —
LUTR.L
- 1D
- 0.21%
- 1M
- 1.33%
- YTD
- 0.28%
- 6M
- -0.63%
- 1Y
- 2.59%
- 3Y*
- -3.24%
- 5Y*
- -4.32%
- 10Y*
- -1.17%
DTLE.L vs. LUTR.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DTLE.L iShares $ Treasury Bond 20+yr UCITS ETF EUR Hedged Dist | -1.71% | 2.25% | -9.05% | -0.58% | -32.40% | -5.28% | 15.20% | 12.29% | -4.46% | -0.11% |
LUTR.L SPDR Bloomberg 10+ Year US Treasury Bond UCITS ETF | 0.28% | -7.04% | 0.46% | -0.57% | -24.47% | 2.26% | 6.99% | 19.58% | 2.91% | -0.98% |
Correlation
The correlation between DTLE.L and LUTR.L is 0.73, 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 | 0.73 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.82 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.85 |
Correlation (All Time) Calculated using the full available price history since Sep 26, 2017 | 0.83 |
The correlation between DTLE.L and LUTR.L shifts across timeframes, from 0.73 (1 year) to 0.85 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
DTLE.L vs. LUTR.L — Risk / Return Rank
DTLE.L
LUTR.L
DTLE.L vs. LUTR.L - 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 SPDR Bloomberg 10+ Year US Treasury Bond UCITS ETF (LUTR.L). 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 | LUTR.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.11 | ||
| Sortino ratioReturn per unit of downside risk | -0.14 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 1.05 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 0.21 | 0.40 | -0.19 |
| Martin ratioReturn relative to average drawdown | 0.52 | 0.86 | -0.34 |
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 | LUTR.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.18 | 0.29 | -0.11 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.54 | -0.30 | -0.24 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | -0.08 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.24 | -0.09 | -0.15 |
Drawdowns
DTLE.L vs. LUTR.L - Drawdown Comparison
The maximum DTLE.L drawdown since its inception was -52.29%, which is greater than LUTR.L's maximum drawdown of -44.33%. Use the drawdown chart below to compare losses from any high point for DTLE.L and LUTR.L.
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Drawdown Indicators
| DTLE.L | LUTR.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.29% | -44.33% | -7.96% |
Max Drawdown (1Y)Largest decline over 1 year | -8.47% | -6.52% | -1.95% |
Max Drawdown (3Y)Largest decline over 3 years | -19.18% | -15.90% | -3.28% |
Max Drawdown (5Y)Largest decline over 5 years | -45.70% | -36.40% | -9.30% |
Max Drawdown (10Y)Largest decline over 10 years | — | -44.33% | — |
Current DrawdownCurrent decline from peak | -47.88% | -40.69% | -7.19% |
Average DrawdownAverage peak-to-trough decline | -25.92% | -22.21% | -3.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.37% | 3.00% | +0.37% |
Volatility
DTLE.L vs. LUTR.L - Volatility Comparison
iShares $ Treasury Bond 20+yr UCITS ETF EUR Hedged Dist (DTLE.L) has a higher volatility of 3.46% compared to SPDR Bloomberg 10+ Year US Treasury Bond UCITS ETF (LUTR.L) at 2.76%. This indicates that DTLE.L's price experiences larger fluctuations and is considered to be riskier than LUTR.L 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 | LUTR.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.46% | 2.76% | +0.70% |
Volatility (6M)Calculated over the trailing 6-month period | 6.73% | 6.53% | +0.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.91% | 9.06% | +0.85% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.94% | 14.63% | +0.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.50% | 14.35% | +1.15% |
DTLE.L vs. LUTR.L - Expense Ratio Comparison
DTLE.L has a 0.10% expense ratio, which is lower than LUTR.L's 0.15% expense ratio. Despite the difference, 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. LUTR.L - Dividend Comparison
DTLE.L's dividend yield for the trailing twelve months is around 4.25%, less than LUTR.L's 4.63% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
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% | 0.00% |
LUTR.L SPDR Bloomberg 10+ Year US Treasury Bond UCITS ETF | 4.63% | 4.40% | 4.22% | 3.13% | 2.56% | 1.72% | 1.91% | 3.60% | 2.49% | 2.61% | 1.14% |
Frequently Asked Questions
DTLE.L and LUTR.L have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, DTLE.L is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
DTLE.L is cheaper with a 0.10% expense ratio, compared with 0.15% for LUTR.L.
DTLE.L is categorized as Long-Term Bond, while LUTR.L is Government Bonds. They also come from different issuers: iShares and State Street. Their fees differ too: 0.10% for DTLE.L and 0.15% for LUTR.L.
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