IBTM.L vs. UB82.L
IBTM.L (iShares USD Treasury Bond 7-10yr UCITS ETF (Dist)) and UB82.L (UBS ETF (LU) Bloomberg US 7-10 Year Treasury Bond UCITS ETF (USD) A-dis) are both Government Bonds funds - IBTM.L tracks the ICE U.S. Treasury 7-10 Year Bond Index while UB82.L tracks the Bloomberg US 7-10 Year Treasury Bond Index. Both are passively managed. Over the past 5 years, IBTM.L returned 0.99%/yr vs 0.01%/yr for UB82.L. At a 0.41 correlation, their price movements are largely independent. IBTM.L charges 0.07%/yr vs 0.05%/yr for UB82.L.
Performance
IBTM.L vs. UB82.L - Performance Comparison
Loading charts...
Different Trading Currencies
IBTM.L is traded in GBP, while UB82.L is traded in GBp. To make them comparable, the UB82.L 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 -0.03% return, which is significantly higher than UB82.L's -0.11% return.
IBTM.L
- 1D
- 0.15%
- 1M
- 1.68%
- YTD
- -0.03%
- 6M
- -0.91%
- 1Y
- 6.38%
- 3Y*
- 1.26%
- 5Y*
- 0.99%
- 10Y*
- 2.30%
UB82.L
- 1D
- 0.14%
- 1M
- 1.11%
- YTD
- -0.11%
- 6M
- -1.72%
- 1Y
- 4.20%
- 3Y*
- -0.32%
- 5Y*
- 0.01%
- 10Y*
- —
IBTM.L vs. UB82.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IBTM.L iShares USD Treasury Bond 7-10yr UCITS ETF (Dist) | -0.03% | 2.28% | 2.56% | -1.50% | -4.38% | -1.34% | 6.45% | 6.25% | 7.34% | -2.58% |
UB82.L UBS ETF (LU) Bloomberg US 7-10 Year Treasury Bond UCITS ETF (USD) A-dis | -0.11% | 0.56% | 0.48% | -3.11% | -6.16% | -0.72% | 4.31% | 7.61% | 4.05% | 0.00% |
Correlation
The correlation between IBTM.L and UB82.L is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.83 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.64 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.50 |
Correlation (All Time) Calculated using the full available price history since Nov 20, 2017 | 0.41 |
Over the past year, IBTM.L and UB82.L have become more correlated (0.83) than their long-term average of 0.41, meaning their price movements have been converging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IBTM.L vs. UB82.L — Risk / Return Rank
IBTM.L
UB82.L
IBTM.L vs. UB82.L - 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 UBS ETF (LU) Bloomberg US 7-10 Year Treasury Bond UCITS ETF (USD) A-dis (UB82.L). 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.L | UB82.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.32 | ||
| Sortino ratioReturn per unit of downside risk | +0.51 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.13 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 1.17 | 0.97 | +0.19 |
| Martin ratioReturn relative to average drawdown | 2.86 | 2.37 | +0.49 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| IBTM.L | UB82.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.03 | 0.72 | +0.32 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.10 | 0.00 | +0.10 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.22 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.57 | 0.13 | +0.45 |
Drawdowns
IBTM.L vs. UB82.L - Drawdown Comparison
The maximum IBTM.L drawdown since its inception was -25.39%, which is greater than UB82.L's maximum drawdown of -23.85%. Use the drawdown chart below to compare losses from any high point for IBTM.L and UB82.L.
Loading charts...
Drawdown Indicators
| IBTM.L | UB82.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.39% | -23.85% | -1.54% |
Max Drawdown (1Y)Largest decline over 1 year | -5.58% | -4.86% | -0.72% |
Max Drawdown (3Y)Largest decline over 3 years | -6.93% | -7.79% | +0.86% |
Max Drawdown (5Y)Largest decline over 5 years | -15.83% | -16.39% | +0.56% |
Max Drawdown (10Y)Largest decline over 10 years | -25.39% | — | — |
Current DrawdownCurrent decline from peak | -17.49% | -19.32% | +1.83% |
Average DrawdownAverage peak-to-trough decline | -10.52% | -16.83% | +6.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.28% | 2.15% | +0.13% |
Volatility
IBTM.L vs. UB82.L - Volatility Comparison
iShares USD Treasury Bond 7-10yr UCITS ETF (Dist) (IBTM.L) has a higher volatility of 1.86% compared to UBS ETF (LU) Bloomberg US 7-10 Year Treasury Bond UCITS ETF (USD) A-dis (UB82.L) at 1.50%. This indicates that IBTM.L's price experiences larger fluctuations and is considered to be riskier than UB82.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IBTM.L | UB82.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.86% | 1.50% | +0.36% |
Volatility (6M)Calculated over the trailing 6-month period | 4.69% | 4.44% | +0.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.35% | 6.57% | -0.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.51% | 12.54% | -3.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.63% | 16.00% | -5.37% |
IBTM.L vs. UB82.L - Expense Ratio Comparison
IBTM.L has a 0.07% expense ratio, which is higher than UB82.L's 0.05% 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%.
Dividends
IBTM.L vs. UB82.L - Dividend Comparison
IBTM.L's dividend yield for the trailing twelve months is around 5.82%, more than UB82.L's 3.10% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IBTM.L iShares USD Treasury Bond 7-10yr UCITS ETF (Dist) | 5.82% | 5.55% | 5.00% | 3.93% | 2.34% | 1.57% | 2.13% | 3.25% | 3.07% | 2.64% | 2.40% | 3.01% |
UB82.L UBS ETF (LU) Bloomberg US 7-10 Year Treasury Bond UCITS ETF (USD) A-dis | 3.10% | 2.20% | 2.52% | 2.82% | 1.33% | 0.99% | 1.81% | 1.93% | 2.69% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
IBTM.L and UB82.L have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, UB82.L is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
UB82.L is cheaper with a 0.05% expense ratio, compared with 0.07% for IBTM.L.
IBTM.L tracks ICE U.S. Treasury 7-10 Year Bond Index, while UB82.L tracks Bloomberg US 7-10 Year Treasury Bond Index. They also come from different issuers: iShares and UBS. Their fees differ too: 0.07% for IBTM.L and 0.05% for UB82.L.
Find the right allocation for IBTM.L and UB82.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer