IBTM.L vs. V3PL.DE

Last updated Jun 13, 2026

IBTM.L (iShares USD Treasury Bond 7-10yr UCITS ETF (Dist)) and V3PL.DE (Vanguard ESG Developed Asia Pacific All Cap UCITS ETF (USD) Distributing) are both exchange-traded funds - IBTM.L is a Government Bonds fund tracking the ICE U.S. Treasury 7-10 Year Bond Index, while V3PL.DE is a Asia Pacific Equities fund tracking the FTSE Developed Asia Pacific All Cap Choice. Both are passively managed. Over the past 3 years, IBTM.L returned 0.81%/yr vs 19.16%/yr for V3PL.DE. At a 0.01 correlation, their price movements are largely independent. IBTM.L charges 0.07%/yr vs 0.17%/yr for V3PL.DE.

Performance

IBTM.L vs. V3PL.DE - 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 Vanguard ESG Developed Asia Pacific All Cap UCITS ETF (USD) Distributing (V3PL.DE). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

IBTM.L is traded in GBP, while V3PL.DE is traded in EUR. To make them comparable, the V3PL.DE 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 -0.44% return, which is significantly lower than V3PL.DE's 30.43% return.

IBTM.L

• 1D: -0.27%
• 1M: 1.13%
• YTD: -0.44%
• 6M: -0.61%
• 1Y: 4.98%
• 3Y*: 0.81%
• 5Y*: -0.07%
• 10Y*: 1.18%

V3PL.DE

• 1D: -1.71%
• 1M: 4.67%
• YTD: 30.43%
• 6M: 33.08%
• 1Y: 53.12%
• 3Y*: 19.16%
• 5Y*: —
• 10Y*: —

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

IBTM.L vs. V3PL.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
IBTM.L iShares USD Treasury Bond 7-10yr UCITS ETF (Dist)	-0.44%	0.89%	1.46%	-2.26%	-6.38%
V3PL.DE Vanguard ESG Developed Asia Pacific All Cap UCITS ETF (USD) Distributing	30.43%	22.44%	2.73%	8.11%	6.27%

Correlation

The correlation between IBTM.L and V3PL.DE is -0.04, 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	-0.04
Correlation (3Y) Calculated over the trailing 3-year period	0.04
Correlation (All Time) Calculated using the full available price history since Oct 13, 2022	0.01

Return for Risk

IBTM.L vs. V3PL.DE — 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: 23
IBTM.L Sharpe Ratio Rank: 25
IBTM.L Sortino Ratio Rank: 26
IBTM.L Omega Ratio Rank: 22
IBTM.L Calmar Ratio Rank: 22
IBTM.L Martin Ratio Rank: 20

V3PL.DE

V3PL.DE Risk / Return Rank: 86
V3PL.DE Sharpe Ratio Rank: 86
V3PL.DE Sortino Ratio Rank: 87
V3PL.DE Omega Ratio Rank: 86
V3PL.DE Calmar Ratio Rank: 84
V3PL.DE Martin Ratio Rank: 84

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. V3PL.DE - 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 Vanguard ESG Developed Asia Pacific All Cap UCITS ETF (USD) Distributing (V3PL.DE). 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.

	IBTM.L	V3PL.DE	Difference
Sharpe ratio: Return per unit of total volatility	0.79	3.10	-2.30
Sortino ratio: Return per unit of downside risk	1.22	4.11	-2.89
Omega ratio: Gain probability vs. loss probability	1.14	1.58	-0.44
Calmar ratio: Return relative to maximum drawdown	0.89	4.67	-3.78
Martin ratio: Return relative to average drawdown	2.08	16.88	-14.79

IBTM.L vs. V3PL.DE - Sharpe Ratio Comparison

The current IBTM.L Sharpe Ratio is 0.79, which is lower than the V3PL.DE Sharpe Ratio of 3.10. The chart below compares the historical Sharpe Ratios of IBTM.L and V3PL.DE, 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

IBTM.L vs. V3PL.DE - Drawdown Comparison

The maximum IBTM.L drawdown since its inception was -52.39%, which is greater than V3PL.DE's maximum drawdown of -15.48%. Use the drawdown chart below to compare losses from any high point for IBTM.L and V3PL.DE.

Drawdown Indicators

	IBTM.L	V3PL.DE	Difference
Max Drawdown Largest peak-to-trough decline	-52.39%	-15.48%	-36.91%
Max Drawdown (1Y) Largest decline over 1 year	-5.57%	-11.58%	+6.01%
Max Drawdown (3Y) Largest decline over 3 years	-7.57%	-15.48%	+7.91%
Max Drawdown (5Y) Largest decline over 5 years	-16.29%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-26.54%	—	—
Current Drawdown Current decline from peak	-21.38%	-1.75%	-19.63%
Average Drawdown Average peak-to-trough decline	-20.63%	-2.91%	-17.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.38%	3.21%	-0.83%

Volatility

IBTM.L vs. V3PL.DE - Volatility Comparison

The current volatility for iShares USD Treasury Bond 7-10yr UCITS ETF (Dist) (IBTM.L) is 1.55%, while Vanguard ESG Developed Asia Pacific All Cap UCITS ETF (USD) Distributing (V3PL.DE) has a volatility of 6.79%. This indicates that IBTM.L experiences smaller price fluctuations and is considered to be less risky than V3PL.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IBTM.L	V3PL.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.55%	6.79%	-5.24%
Volatility (6M) Calculated over the trailing 6-month period	4.49%	15.07%	-10.58%
Volatility (1Y) Calculated over the trailing 1-year period	6.25%	17.45%	-11.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.47%	14.65%	-5.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.58%	14.65%	-4.07%

IBTM.L vs. V3PL.DE - Expense Ratio Comparison

IBTM.L has a 0.07% expense ratio, which is lower than V3PL.DE's 0.17% expense ratio. Despite the difference, 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. V3PL.DE - Dividend Comparison

IBTM.L's dividend yield for the trailing twelve months is around 4.36%, more than V3PL.DE's 1.42% 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)	4.36%	4.19%	3.94%	3.16%	1.96%	1.14%	1.69%	2.53%	2.34%	2.02%	1.79%	1.97%
V3PL.DE Vanguard ESG Developed Asia Pacific All Cap UCITS ETF (USD) Distributing	1.42%	1.90%	2.16%	2.13%	0.14%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both IBTM.L and V3PL.DE in my portfolio?

IBTM.L and V3PL.DE have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, IBTM.L or V3PL.DE?

On fees, IBTM.L is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IBTM.L or V3PL.DE?

IBTM.L is cheaper with a 0.07% expense ratio, compared with 0.17% for V3PL.DE.

What is the main difference between IBTM.L and V3PL.DE?

IBTM.L is categorized as Government Bonds, while V3PL.DE is Asia Pacific Equities. IBTM.L tracks ICE U.S. Treasury 7-10 Year Bond Index, while V3PL.DE tracks FTSE Developed Asia Pacific All Cap Choice. They also come from different issuers: iShares and Vanguard. Their fees differ too: 0.07% for IBTM.L and 0.17% for V3PL.DE.