IBIT vs. TLT
Compare and contrast key facts about iShares Bitcoin Trust (IBIT) and iShares 20+ Year Treasury Bond ETF (TLT).
IBIT and TLT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IBIT is a passively managed fund by iShares that tracks the performance of the CME CF Bitcoin Reference Rate - New York Variant. It was launched on Jan 5, 2024. 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 IBIT 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: IBIT or TLT.
Correlation
The correlation between IBIT and TLT is 0.13, 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
IBIT vs. TLT - Performance Comparison
Loading data...
Key characteristics
IBIT:
1.26
TLT:
-0.02
IBIT:
1.84
TLT:
0.06
IBIT:
1.22
TLT:
1.01
IBIT:
2.25
TLT:
-0.01
IBIT:
4.93
TLT:
-0.05
IBIT:
12.91%
TLT:
7.85%
IBIT:
54.01%
TLT:
14.47%
IBIT:
-28.22%
TLT:
-48.35%
IBIT:
-4.69%
TLT:
-42.63%
Returns By Period
In the year-to-date period, IBIT achieves a 9.10% return, which is significantly higher than TLT's 0.14% return.
IBIT
9.10%
21.42%
16.76%
67.38%
N/A
N/A
TLT
0.14%
-0.38%
-4.28%
-0.30%
-9.84%
-0.86%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
IBIT vs. TLT - Expense Ratio Comparison
IBIT has a 0.25% expense ratio, which is higher than TLT's 0.15% 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%.
Risk-Adjusted Performance
IBIT vs. TLT — Risk-Adjusted Performance Rank
IBIT
TLT
IBIT vs. TLT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Bitcoin Trust (IBIT) 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.
Loading data...
Dividends
IBIT vs. TLT - Dividend Comparison
IBIT has not paid dividends to shareholders, while TLT's dividend yield for the trailing twelve months is around 4.39%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IBIT iShares Bitcoin Trust | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TLT iShares 20+ Year Treasury Bond ETF | 4.39% | 4.30% | 3.38% | 2.67% | 1.50% | 1.50% | 2.27% | 2.63% | 2.43% | 2.60% | 2.61% | 2.67% |
Drawdowns
IBIT vs. TLT - Drawdown Comparison
The maximum IBIT drawdown since its inception was -28.22%, smaller than the maximum TLT drawdown of -48.35%. Use the drawdown chart below to compare losses from any high point for IBIT and TLT. For additional features, visit the drawdowns tool.
Loading data...
Volatility
IBIT vs. TLT - Volatility Comparison
iShares Bitcoin Trust (IBIT) has a higher volatility of 9.95% compared to iShares 20+ Year Treasury Bond ETF (TLT) at 3.83%. This indicates that IBIT's price experiences larger fluctuations and is considered to be riskier than TLT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...