FXB vs. TLT
Compare and contrast key facts about Invesco CurrencyShares® British Pound Sterling Trust (FXB) and iShares 20+ Year Treasury Bond ETF (TLT).
FXB and TLT 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. TLT is a passively managed fund by iShares that tracks the performance of the Barclays Capital U.S. 20+ Year Treasury Bond Index. It was launched on Jul 26, 2002. Both FXB and TLT 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 TLT.
Correlation
The correlation between FXB and TLT is 0.24, 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.
Performance
FXB vs. TLT - Performance Comparison
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Key characteristics
FXB:
1.30
TLT:
0.01
FXB:
1.93
TLT:
0.09
FXB:
1.23
TLT:
1.01
FXB:
0.25
TLT:
-0.00
FXB:
2.79
TLT:
-0.01
FXB:
3.45%
TLT:
7.81%
FXB:
7.36%
TLT:
14.43%
FXB:
-48.98%
TLT:
-48.35%
FXB:
-31.71%
TLT:
-42.09%
Returns By Period
In the year-to-date period, FXB achieves a 7.38% return, which is significantly higher than TLT's 1.08% return. Over the past 10 years, FXB has underperformed TLT with an annualized return of -1.14%, while TLT has yielded a comparatively higher -0.54% annualized return.
FXB
7.38%
2.92%
4.46%
9.43%
2.87%
-1.14%
TLT
1.08%
1.10%
-3.86%
0.64%
-9.36%
-0.54%
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FXB vs. TLT - Expense Ratio Comparison
FXB has a 0.40% expense ratio, which is higher than TLT's 0.15% expense ratio.
Risk-Adjusted Performance
FXB vs. TLT — Risk-Adjusted Performance Rank
FXB
TLT
FXB vs. TLT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco CurrencyShares® British Pound Sterling Trust (FXB) 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.
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Dividends
FXB vs. TLT - Dividend Comparison
FXB's dividend yield for the trailing twelve months is around 2.86%, less than TLT's 4.35% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FXB Invesco CurrencyShares® British Pound Sterling Trust | 2.86% | 3.25% | 2.60% | 0.30% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TLT iShares 20+ Year Treasury Bond ETF | 4.35% | 4.30% | 3.38% | 2.67% | 1.50% | 1.50% | 2.27% | 2.63% | 2.43% | 2.60% | 2.61% | 2.67% |
Drawdowns
FXB vs. TLT - Drawdown Comparison
The maximum FXB drawdown since its inception was -48.98%, roughly equal to the maximum TLT drawdown of -48.35%. Use the drawdown chart below to compare losses from any high point for FXB and TLT. For additional features, visit the drawdowns tool.
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Volatility
FXB vs. TLT - Volatility Comparison
The current volatility for Invesco CurrencyShares® British Pound Sterling Trust (FXB) is 2.60%, while iShares 20+ Year Treasury Bond ETF (TLT) has a volatility of 4.67%. This indicates that FXB experiences smaller price fluctuations and is considered to be less risky than TLT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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