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

IBTM.L vs. UTGN

Last updated Jun 4, 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 UTGN (UTG, Inc.) is a stock. Over the past 10 years, IBTM.L returned 2.30%/yr vs 13.83%/yr for UTGN. At a 0.46 correlation, their price movements are largely independent.

Performance

IBTM.L vs. UTGN - 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 UTG, Inc. (UTGN). 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 UTGN is traded in USD. To make them comparable, the UTGN 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 UTGN's -1.63% return. Over the past 10 years, IBTM.L has underperformed UTGN with an annualized return of 2.30%, while UTGN has yielded a comparatively higher 13.83% annualized 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%

UTGN

1D
0.27%
1M
3.76%
YTD
-1.63%
6M
1.15%
1Y
47.27%
3Y*
20.68%
5Y*
16.54%
10Y*
13.83%
*Multi-year figures are annualized to reflect compound growth (CAGR)

IBTM.L vs. UTGN - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
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%-5.92%
UTGN
UTG, Inc.		-1.63%73.47%-0.31%14.14%3.09%3.61%-27.54%4.15%38.93%28.67%

Correlation

The correlation between IBTM.L and UTGN is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.38

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

0.36

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

0.38

Correlation (10Y)
Calculated over the trailing 10-year period

0.45

Correlation (All Time)
Calculated using the full available price history since Aug 15, 2012

0.46

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)

UTG, Inc.

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Return for Risk

IBTM.L vs. UTGN — 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: 2626
Overall Rank
IBTM.L Sharpe Ratio Rank: 2828
Sharpe Ratio Rank
IBTM.L Sortino Ratio Rank: 2929
Sortino Ratio Rank
IBTM.L Omega Ratio Rank: 2626
Omega Ratio Rank
IBTM.L Calmar Ratio Rank: 2525
Calmar Ratio Rank
IBTM.L Martin Ratio Rank: 2222
Martin Ratio Rank
UTGN
UTGN Risk / Return Rank: 8282
Overall Rank
UTGN Sharpe Ratio Rank: 8080
Sharpe Ratio Rank
UTGN Sortino Ratio Rank: 7777
Sortino Ratio Rank
UTGN Omega Ratio Rank: 9595
Omega Ratio Rank
UTGN Calmar Ratio Rank: 8080
Calmar Ratio Rank
UTGN Martin Ratio Rank: 8080
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. UTGN - 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 UTG, Inc. (UTGN). 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.LUTGNDifference
Sharpe ratioReturn per unit of total volatility
1.03
1.39

-0.36

Sortino ratioReturn per unit of downside risk
1.60
2.08

-0.48

Omega ratioGain probability vs. loss probability

1.18

1.42

-0.24

Calmar ratioReturn relative to maximum drawdown

1.17

2.35

-1.18

Martin ratioReturn relative to average drawdown

2.86

5.89

-3.03

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. UTGN - Sharpe Ratio Comparison

The current IBTM.L Sharpe Ratio is 1.03, which is comparable to the UTGN Sharpe Ratio of 1.39. The chart below compares the historical Sharpe Ratios of IBTM.L and UTGN, 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.LUTGNDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.03

1.39

-0.36

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.10

0.38

-0.28

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.22

0.34

-0.12

Sharpe Ratio (All Time)

Calculated using the full available price history

0.57

0.31

+0.26

Drawdowns

IBTM.L vs. UTGN - Drawdown Comparison

The maximum IBTM.L drawdown since its inception was -25.39%, smaller than the maximum UTGN drawdown of -41.05%. Use the drawdown chart below to compare losses from any high point for IBTM.L and UTGN.

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Drawdown Indicators

IBTM.LUTGNDifference

Max Drawdown

Largest peak-to-trough decline

-25.39%

-41.05%

+15.66%

Max Drawdown (1Y)

Largest decline over 1 year

-5.58%

-20.06%

+14.48%

Max Drawdown (3Y)

Largest decline over 3 years

-6.93%

-37.89%

+30.96%

Max Drawdown (5Y)

Largest decline over 5 years

-15.83%

-38.93%

+23.10%

Max Drawdown (10Y)

Largest decline over 10 years

-25.39%

-41.05%

+15.66%

Current Drawdown

Current decline from peak

-17.49%

-14.21%

-3.28%

Average Drawdown

Average peak-to-trough decline

-10.52%

-17.37%

+6.85%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.28%

7.99%

-5.71%

Volatility

IBTM.L vs. UTGN - Volatility Comparison

The current volatility for iShares USD Treasury Bond 7-10yr UCITS ETF (Dist) (IBTM.L) is 1.86%, while UTG, Inc. (UTGN) has a volatility of 4.76%. This indicates that IBTM.L experiences smaller price fluctuations and is considered to be less risky than UTGN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

IBTM.LUTGNDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.86%

4.76%

-2.90%

Volatility (6M)

Calculated over the trailing 6-month period

4.69%

23.16%

-18.47%

Volatility (1Y)

Calculated over the trailing 1-year period

6.35%

33.85%

-27.50%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

9.51%

43.62%

-34.11%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

10.63%

41.69%

-31.06%

Dividends

IBTM.L vs. UTGN - Dividend Comparison

IBTM.L's dividend yield for the trailing twelve months is around 5.82%, while UTGN has not paid dividends to shareholders.

PositionTTM20252024202320222021202020192018201720162015
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%
UTGN
UTG, 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%

Frequently Asked Questions

IBTM.L and UTGN have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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