IBTS.L vs. IBTM.L
Compare and contrast key facts about iShares $ Treasury Bond 1-3yr UCITS ETF (IBTS.L) and iShares USD Treasury Bond 7-10yr UCITS ETF (Dist) (IBTM.L).
IBTS.L and IBTM.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IBTS.L is a passively managed fund by iShares that tracks the performance of the ICE U.S. Treasury 1-3 Year Bond Index. It was launched on Jun 2, 2006. IBTM.L is a passively managed fund by iShares that tracks the performance of the Bloomberg US Government TR USD. It was launched on Dec 8, 2006. Both IBTS.L and IBTM.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IBTS.L or IBTM.L.
Key characteristics
IBTS.L | IBTM.L | |
---|---|---|
YTD Return | 2.78% | -1.81% |
1Y Return | 3.82% | -6.07% |
3Y Return (Ann) | 3.86% | -1.74% |
5Y Return (Ann) | 2.60% | 0.27% |
10Y Return (Ann) | 4.47% | 4.38% |
Sharpe Ratio | 0.45 | -0.79 |
Daily Std Dev | 7.93% | 8.23% |
Max Drawdown | -18.99% | -25.88% |
Current Drawdown | -8.35% | -24.38% |
Correlation
The correlation between IBTS.L and IBTM.L is 0.59, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
IBTS.L vs. IBTM.L - Performance Comparison
In the year-to-date period, IBTS.L achieves a 2.78% return, which is significantly higher than IBTM.L's -1.81% return. Both investments have delivered pretty close results over the past 10 years, with IBTS.L having a 4.47% annualized return and IBTM.L not far behind at 4.38%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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IBTS.L vs. IBTM.L - Expense Ratio Comparison
Both IBTS.L and IBTM.L have an expense ratio of 0.07%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
IBTS.L vs. IBTM.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares $ Treasury Bond 1-3yr UCITS ETF (IBTS.L) and iShares USD Treasury Bond 7-10yr UCITS ETF (Dist) (IBTM.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.
Dividends
IBTS.L vs. IBTM.L - Dividend Comparison
IBTS.L's dividend yield for the trailing twelve months is around 4.85%, more than IBTM.L's 4.01% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
iShares $ Treasury Bond 1-3yr UCITS ETF | 4.85% | 3.79% | 0.88% | 0.85% | 2.33% | 3.05% | 2.01% | 1.31% | 0.91% | 0.76% | 0.42% | 0.30% |
iShares USD Treasury Bond 7-10yr UCITS ETF (Dist) | 4.01% | 3.93% | 2.34% | 1.57% | 2.13% | 3.25% | 3.07% | 2.64% | 2.40% | 3.01% | 3.44% | 3.02% |
Drawdowns
IBTS.L vs. IBTM.L - Drawdown Comparison
The maximum IBTS.L drawdown since its inception was -18.99%, smaller than the maximum IBTM.L drawdown of -25.88%. Use the drawdown chart below to compare losses from any high point for IBTS.L and IBTM.L. For additional features, visit the drawdowns tool.
Volatility
IBTS.L vs. IBTM.L - Volatility Comparison
The current volatility for iShares $ Treasury Bond 1-3yr UCITS ETF (IBTS.L) is 2.72%, while iShares USD Treasury Bond 7-10yr UCITS ETF (Dist) (IBTM.L) has a volatility of 3.40%. This indicates that IBTS.L experiences smaller price fluctuations and is considered to be less risky than IBTM.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.