Correlation
The correlation between FXB and IB01.L is -0.01. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
FXB vs. IB01.L
Compare and contrast key facts about Invesco CurrencyShares® British Pound Sterling Trust (FXB) and iShares USD Treasury Bond 0-1yr UCITS ETF (Acc) (IB01.L).
FXB and IB01.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FXB is a passively managed fund by Invesco that tracks the performance of the British Pound. It was launched on Jun 26, 2006. IB01.L is a passively managed fund by iShares that tracks the performance of the Bloomberg US Government TR USD. It was launched on Feb 20, 2019. Both FXB and IB01.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FXB or IB01.L.
Performance
FXB vs. IB01.L - Performance Comparison
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Key characteristics
FXB:
1.20
IB01.L:
13.27
FXB:
1.72
IB01.L:
38.31
FXB:
1.21
IB01.L:
10.06
FXB:
0.23
IB01.L:
55.47
FXB:
2.52
IB01.L:
572.28
FXB:
3.46%
IB01.L:
0.01%
FXB:
7.51%
IB01.L:
0.36%
FXB:
-48.98%
IB01.L:
-0.91%
FXB:
-30.79%
IB01.L:
-0.02%
Returns By Period
In the year-to-date period, FXB achieves a 8.83% return, which is significantly higher than IB01.L's 1.72% return.
FXB
8.83%
1.65%
7.37%
8.86%
4.84%
3.13%
-0.75%
IB01.L
1.72%
0.24%
2.13%
4.81%
4.33%
2.59%
N/A
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FXB vs. IB01.L - Expense Ratio Comparison
FXB has a 0.40% expense ratio, which is higher than IB01.L's 0.07% expense ratio.
Risk-Adjusted Performance
FXB vs. IB01.L — Risk-Adjusted Performance Rank
FXB
IB01.L
FXB vs. IB01.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco CurrencyShares® British Pound Sterling Trust (FXB) and iShares USD Treasury Bond 0-1yr UCITS ETF (Acc) (IB01.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.
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Dividends
FXB vs. IB01.L - Dividend Comparison
FXB's dividend yield for the trailing twelve months is around 2.82%, while IB01.L has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
FXB Invesco CurrencyShares® British Pound Sterling Trust | 2.82% | 3.25% | 2.60% | 0.30% |
IB01.L iShares USD Treasury Bond 0-1yr UCITS ETF (Acc) | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FXB vs. IB01.L - Drawdown Comparison
The maximum FXB drawdown since its inception was -48.98%, which is greater than IB01.L's maximum drawdown of -0.91%. Use the drawdown chart below to compare losses from any high point for FXB and IB01.L.
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Volatility
FXB vs. IB01.L - Volatility Comparison
Invesco CurrencyShares® British Pound Sterling Trust (FXB) has a higher volatility of 2.25% compared to iShares USD Treasury Bond 0-1yr UCITS ETF (Acc) (IB01.L) at 0.10%. This indicates that FXB's price experiences larger fluctuations and is considered to be riskier than IB01.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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