IBB1.DE vs. TLT
IBB1.DE (iShares $ Treasury Bond 7-10yr UCITS ETF EUR Hedged Dist) and TLT (iShares 20+ Year Treasury Bond ETF) are both exchange-traded funds - IBB1.DE is a Intermediate Core Bond fund tracking the ICE U.S. Treasury 7-10 Year Bond Index, while TLT is a Government Bonds fund tracking the ICE U.S. Treasury 20+ Year Bond Index. Both are passively managed. Over the past 5 years, IBB1.DE returned -2.84%/yr vs -5.23%/yr for TLT. A 0.59 correlation means they provide meaningful diversification when combined. IBB1.DE charges 0.10%/yr vs 0.15%/yr for TLT.
Performance
IBB1.DE vs. TLT - Performance Comparison
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Different Trading Currencies
IBB1.DE is traded in EUR, while TLT is traded in USD. To make them comparable, the TLT values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, IBB1.DE achieves a -0.93% return, which is significantly lower than TLT's 5.53% return.
IBB1.DE
- 1D
- 0.00%
- 1M
- 1.04%
- YTD
- -0.93%
- 6M
- -0.69%
- 1Y
- 1.46%
- 3Y*
- 0.93%
- 5Y*
- -2.84%
- 10Y*
- —
TLT
- 1D
- -0.10%
- 1M
- 5.45%
- YTD
- 5.53%
- 6M
- 4.77%
- 1Y
- 7.04%
- 3Y*
- -2.84%
- 5Y*
- -5.23%
- 10Y*
- -2.15%
IBB1.DE vs. TLT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
IBB1.DE iShares $ Treasury Bond 7-10yr UCITS ETF EUR Hedged Dist | -0.93% | 6.33% | -2.48% | 1.21% | -16.90% | -3.98% | 8.42% | 5.14% |
TLT iShares 20+ Year Treasury Bond ETF | 5.53% | -8.12% | -1.98% | -0.31% | -26.97% | 2.54% | 8.41% | 15.38% |
Correlation
The correlation between IBB1.DE and TLT is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.42 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.59 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.60 |
Correlation (All Time) Calculated using the full available price history since Feb 27, 2019 | 0.59 |
The correlation between IBB1.DE and TLT shifts across timeframes, from 0.42 (1 year) to 0.60 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
IBB1.DE vs. TLT — Risk / Return Rank
IBB1.DE
TLT
IBB1.DE vs. TLT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares $ Treasury Bond 7-10yr UCITS ETF EUR Hedged Dist (IBB1.DE) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| IBB1.DE | TLT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.43 | ||
| Sortino ratioReturn per unit of downside risk | -0.62 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.13 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 0.33 | 0.95 | -0.62 |
| Martin ratioReturn relative to average drawdown | 0.88 | 2.00 | -1.13 |
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Drawdowns
IBB1.DE vs. TLT - Drawdown Comparison
The maximum IBB1.DE drawdown since its inception was -27.47%, smaller than the maximum TLT drawdown of -46.77%. Use the drawdown chart below to compare losses from any high point for IBB1.DE and TLT.
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Drawdown Indicators
| IBB1.DE | TLT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.47% | -46.77% | +19.30% |
Max Drawdown (1Y)Largest decline over 1 year | -4.42% | -7.42% | +3.00% |
Max Drawdown (3Y)Largest decline over 3 years | -7.75% | -17.13% | +9.38% |
Max Drawdown (5Y)Largest decline over 5 years | -24.47% | -39.79% | +15.32% |
Max Drawdown (10Y)Largest decline over 10 years | — | -46.77% | — |
Current DrawdownCurrent decline from peak | -19.16% | -41.48% | +22.32% |
Average DrawdownAverage peak-to-trough decline | -13.53% | -18.59% | +5.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.66% | 3.52% | -1.86% |
Volatility
IBB1.DE vs. TLT - Volatility Comparison
The current volatility for iShares $ Treasury Bond 7-10yr UCITS ETF EUR Hedged Dist (IBB1.DE) is 1.54%, while iShares 20+ Year Treasury Bond ETF (TLT) has a volatility of 2.45%. This indicates that IBB1.DE 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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Volatility by Period
| IBB1.DE | TLT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.54% | 2.45% | -0.91% |
Volatility (6M)Calculated over the trailing 6-month period | 3.70% | 7.27% | -3.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.81% | 9.69% | -4.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.61% | 16.16% | -8.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.18% | 15.53% | -8.35% |
IBB1.DE vs. TLT - Expense Ratio Comparison
IBB1.DE has a 0.10% expense ratio, which is lower than TLT'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
IBB1.DE vs. TLT - Dividend Comparison
IBB1.DE's dividend yield for the trailing twelve months is around 4.32%, less than TLT's 4.48% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IBB1.DE iShares $ Treasury Bond 7-10yr UCITS ETF EUR Hedged Dist | 4.32% | 4.12% | 3.98% | 3.06% | 2.05% | 1.15% | 1.56% | 1.68% | 0.00% | 0.00% | 0.00% | 0.00% |
TLT iShares 20+ Year Treasury Bond ETF | 4.48% | 4.43% | 4.30% | 3.38% | 2.67% | 1.50% | 1.50% | 2.27% | 2.63% | 2.43% | 2.60% | 2.61% |
Frequently Asked Questions
IBB1.DE and TLT have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IBB1.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IBB1.DE is cheaper with a 0.10% expense ratio, compared with 0.15% for TLT.
IBB1.DE is categorized as Intermediate Core Bond, while TLT is Government Bonds. IBB1.DE tracks ICE U.S. Treasury 7-10 Year Bond Index, while TLT tracks ICE U.S. Treasury 20+ Year Bond Index. Their fees differ too: 0.10% for IBB1.DE and 0.15% for TLT.
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