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IBTM.L vs. COIN
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IBTM.L vs. COIN

Last updated Jun 9, 2026

IBTM.L (iShares USD Treasury Bond 7-10yr UCITS ETF (Dist)) is Government Bonds fund tracking the ICE U.S. Treasury 7-10 Year Bond Index, while COIN (Coinbase Global, Inc.) is a stock. Over the past 5 years, IBTM.L returned -0.02%/yr vs -5.23%/yr for COIN. At a correlation of -0.10, they often move in opposite directions.

Performance

IBTM.L vs. COIN - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in iShares USD Treasury Bond 7-10yr UCITS ETF (Dist) (IBTM.L) and Coinbase Global, Inc. (COIN). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

IBTM.L is traded in GBP, while COIN is traded in USD. To make them comparable, the COIN values have been converted to GBP using the latest available exchange rates.

Returns By Period

In the year-to-date period, IBTM.L achieves a -0.45% return, which is significantly higher than COIN's -27.62% return.

IBTM.L

1D
0.18%
1M
1.03%
YTD
-0.45%
6M
-0.81%
1Y
5.41%
3Y*
0.62%
5Y*
-0.02%
10Y*
1.38%

COIN

1D
6.34%
1M
-17.67%
YTD
-27.62%
6M
-40.98%
1Y
-34.60%
3Y*
42.07%
5Y*
-5.23%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

IBTM.L vs. COIN - Yearly Performance Comparison

2026 (YTD)20252024202320222021
IBTM.L
iShares USD Treasury Bond 7-10yr UCITS ETF (Dist)		-0.45%0.89%1.46%-2.26%-4.74%4.01%
COIN
Coinbase Global, Inc.		-27.62%-15.41%45.26%366.87%-84.31%-32.56%

Correlation

The correlation between IBTM.L and COIN is -0.10, 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

-0.10

Correlation (3Y)
Calculated over the trailing 3-year period

-0.09

Correlation (5Y)
Calculated over the trailing 5-year period

-0.09

Correlation (All Time)
Calculated using the full available price history since Apr 14, 2021

-0.10

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares USD Treasury Bond 7-10yr UCITS ETF (Dist)

Coinbase Global, Inc.

Often compared with IBTM.L:
IBTM.L vs. IEFIBTM.L vs. IBTS.LIBTM.L vs. VUTA.LIBTM.L vs. VUTY.LIBTM.L vs. SGLP.LIBTM.L vs. TLTIBTM.L vs. BND
Often compared with COIN:
COIN vs. BTC-USDCOIN vs. MSTRCOIN vs. HOODCOIN vs. CRCLCOIN vs. CONYCOIN vs. GLXY.TOCOIN vs. SPY

Return for Risk

IBTM.L vs. COIN — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
IBTM.L
IBTM.L Risk / Return Rank: 2424
Overall Rank
IBTM.L Sharpe Ratio Rank: 2626
Sharpe Ratio Rank
IBTM.L Sortino Ratio Rank: 2727
Sortino Ratio Rank
IBTM.L Omega Ratio Rank: 2424
Omega Ratio Rank
IBTM.L Calmar Ratio Rank: 2323
Calmar Ratio Rank
IBTM.L Martin Ratio Rank: 2121
Martin Ratio Rank
COIN
COIN Risk / Return Rank: 2323
Overall Rank
COIN Sharpe Ratio Rank: 2020
Sharpe Ratio Rank
COIN Sortino Ratio Rank: 2222
Sortino Ratio Rank
COIN Omega Ratio Rank: 2424
Omega Ratio Rank
COIN Calmar Ratio Rank: 2323
Calmar Ratio Rank
COIN Martin Ratio Rank: 2525
Martin Ratio Rank
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.

IBTM.L vs. COIN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares USD Treasury Bond 7-10yr UCITS ETF (Dist) (IBTM.L) and Coinbase Global, Inc. (COIN). 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.

IBTM.LCOINDifference
Sharpe ratioReturn per unit of total volatility
0.86
-0.50

+1.36

Sortino ratioReturn per unit of downside risk
1.32
-0.40

+1.72

Omega ratioGain probability vs. loss probability

1.15

0.95

+0.19

Calmar ratioReturn relative to maximum drawdown

0.97

-0.52

+1.48

Martin ratioReturn relative to average drawdown

2.30

-0.86

+3.16

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IBTM.L vs. COIN - Sharpe Ratio Comparison

The current IBTM.L Sharpe Ratio is 0.86, which is higher than the COIN Sharpe Ratio of -0.50. The chart below compares the historical Sharpe Ratios of IBTM.L and COIN, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

IBTM.LCOINDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.86

-0.50

+1.36

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.00

-0.06

+0.06

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.13

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.03

-0.18

+0.21

Drawdowns

IBTM.L vs. COIN - Drawdown Comparison

The maximum IBTM.L drawdown since its inception was -52.39%, smaller than the maximum COIN drawdown of -90.21%. Use the drawdown chart below to compare losses from any high point for IBTM.L and COIN.

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Drawdown Indicators

IBTM.LCOINDifference

Max Drawdown

Largest peak-to-trough decline

-52.39%

-90.21%

+37.82%

Max Drawdown (1Y)

Largest decline over 1 year

-5.57%

-66.89%

+61.32%

Max Drawdown (3Y)

Largest decline over 3 years

-7.57%

-66.89%

+59.32%

Max Drawdown (5Y)

Largest decline over 5 years

-16.29%

-89.73%

+73.44%

Max Drawdown (10Y)

Largest decline over 10 years

-26.54%

—

—

Current Drawdown

Current decline from peak

-21.39%

-61.16%

+39.77%

Average Drawdown

Average peak-to-trough decline

-20.63%

-50.41%

+29.78%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.35%

40.26%

-37.91%

Volatility

IBTM.L vs. COIN - Volatility Comparison

The current volatility for iShares USD Treasury Bond 7-10yr UCITS ETF (Dist) (IBTM.L) is 1.59%, while Coinbase Global, Inc. (COIN) has a volatility of 21.15%. This indicates that IBTM.L experiences smaller price fluctuations and is considered to be less risky than COIN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

IBTM.LCOINDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.59%

21.15%

-19.56%

Volatility (6M)

Calculated over the trailing 6-month period

4.47%

50.38%

-45.91%

Volatility (1Y)

Calculated over the trailing 1-year period

6.26%

69.55%

-63.29%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

9.47%

84.29%

-74.82%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

10.59%

83.94%

-73.35%

Dividends

IBTM.L vs. COIN - Dividend Comparison

IBTM.L's dividend yield for the trailing twelve months is around 4.36%, while COIN has not paid dividends to shareholders.

PositionTTM20252024202320222021202020192018201720162015
COIN
Coinbase Global, Inc.		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
IBTM.L
iShares USD Treasury Bond 7-10yr UCITS ETF (Dist)		4.36%4.19%3.94%3.16%1.96%1.14%1.69%2.53%2.34%2.02%1.79%1.97%

Frequently Asked Questions

IBTM.L and COIN have a correlation of -0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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