IBTA.L vs. TEM

Last updated Jun 16, 2026

IBTA.L (iShares USD Treasury Bond 1-3yr UCITS ETF (Acc)) is Government Bonds fund tracking the ICE US Treasury 1-3 Year Index, while TEM (Tempus AI, Inc) is a stock. Over the past year, IBTA.L returned 3.48% vs -26.60% for TEM. At a 0.03 correlation, their price movements are largely independent.

Performance

IBTA.L vs. TEM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares USD Treasury Bond 1-3yr UCITS ETF (Acc) (IBTA.L) and Tempus AI, Inc (TEM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IBTA.L achieves a 0.51% return, which is significantly higher than TEM's -11.40% return.

IBTA.L

• 1D: 0.00%
• 1M: 0.34%
• YTD: 0.51%
• 6M: 0.85%
• 1Y: 3.48%
• 3Y*: 4.33%
• 5Y*: 1.89%
• 10Y*: —

TEM

• 1D: 9.41%
• 1M: 19.10%
• YTD: -11.40%
• 6M: -23.81%
• 1Y: -26.60%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

IBTA.L vs. TEM - Yearly Performance Comparison

	2026 (YTD)	2025	2024
IBTA.L iShares USD Treasury Bond 1-3yr UCITS ETF (Acc)	0.51%	5.34%	2.93%
TEM Tempus AI, Inc	-11.40%	74.91%	-15.60%

Correlation

The correlation between IBTA.L and TEM is -0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.01
Correlation (All Time) Calculated using the full available price history since Jun 14, 2024	0.03

Return for Risk

IBTA.L vs. TEM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IBTA.L

IBTA.L Risk / Return Rank: 87
IBTA.L Sharpe Ratio Rank: 75
IBTA.L Sortino Ratio Rank: 87
IBTA.L Omega Ratio Rank: 94
IBTA.L Calmar Ratio Rank: 91
IBTA.L Martin Ratio Rank: 89

TEM

TEM Risk / Return Rank: 26
TEM Sharpe Ratio Rank: 24
TEM Sortino Ratio Rank: 26
TEM Omega Ratio Rank: 26
TEM Calmar Ratio Rank: 27
TEM Martin Ratio Rank: 28

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

IBTA.L vs. TEM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares USD Treasury Bond 1-3yr UCITS ETF (Acc) (IBTA.L) and Tempus AI, Inc (TEM). 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.

	IBTA.L	TEM	Difference
Sharpe ratio: Return per unit of total volatility	2.19	-0.41	+2.60
Sortino ratio: Return per unit of downside risk	3.57	-0.24	+3.80
Omega ratio: Gain probability vs. loss probability	1.63	0.97	+0.66
Calmar ratio: Return relative to maximum drawdown	5.15	-0.45	+5.61
Martin ratio: Return relative to average drawdown	17.76	-0.74	+18.51

IBTA.L vs. TEM - Sharpe Ratio Comparison

The current IBTA.L Sharpe Ratio is 2.19, which is higher than the TEM Sharpe Ratio of -0.41. The chart below compares the historical Sharpe Ratios of IBTA.L and TEM, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

IBTA.L vs. TEM - Drawdown Comparison

The maximum IBTA.L drawdown since its inception was -5.80%, smaller than the maximum TEM drawdown of -58.99%. Use the drawdown chart below to compare losses from any high point for IBTA.L and TEM.

Drawdown Indicators

	IBTA.L	TEM	Difference
Max Drawdown Largest peak-to-trough decline	-5.80%	-58.99%	+53.19%
Max Drawdown (1Y) Largest decline over 1 year	-0.67%	-58.96%	+58.29%
Max Drawdown (3Y) Largest decline over 3 years	-0.89%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-5.70%	—	—
Current Drawdown Current decline from peak	0.00%	-49.33%	+49.33%
Average Drawdown Average peak-to-trough decline	-0.96%	-32.03%	+31.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.20%	35.80%	-35.60%

Volatility

IBTA.L vs. TEM - Volatility Comparison

The current volatility for iShares USD Treasury Bond 1-3yr UCITS ETF (Acc) (IBTA.L) is 0.52%, while Tempus AI, Inc (TEM) has a volatility of 23.47%. This indicates that IBTA.L experiences smaller price fluctuations and is considered to be less risky than TEM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IBTA.L	TEM	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.52%	23.47%	-22.95%
Volatility (6M) Calculated over the trailing 6-month period	1.13%	46.76%	-45.63%
Volatility (1Y) Calculated over the trailing 1-year period	1.58%	64.92%	-63.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.17%	98.42%	-96.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.93%	98.42%	-96.49%

Dividends

IBTA.L vs. TEM - Dividend Comparison

Neither IBTA.L nor TEM has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both IBTA.L and TEM in my portfolio?

IBTA.L and TEM have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.