IBTS.L vs. SHYU.L
Compare and contrast key facts about iShares $ Treasury Bond 1-3yr UCITS ETF (IBTS.L) and iShares $ High Yield Corp Bond UCITS ETF (SHYU.L).
IBTS.L and SHYU.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. SHYU.L is a passively managed fund by iShares that tracks the performance of the Markit iBoxx USD Liquid High Yield Capped Index. It was launched on Sep 13, 2011. Both IBTS.L and SHYU.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 SHYU.L.
Key characteristics
IBTS.L | SHYU.L | |
---|---|---|
YTD Return | 2.78% | 2.47% |
1Y Return | 3.82% | 8.56% |
3Y Return (Ann) | 3.86% | 4.70% |
5Y Return (Ann) | 2.60% | 3.99% |
10Y Return (Ann) | 4.47% | 6.48% |
Sharpe Ratio | 0.45 | 1.25 |
Daily Std Dev | 7.93% | 7.58% |
Max Drawdown | -18.99% | -15.01% |
Current Drawdown | -8.35% | -0.39% |
Correlation
The correlation between IBTS.L and SHYU.L is 0.45, 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. SHYU.L - Performance Comparison
In the year-to-date period, IBTS.L achieves a 2.78% return, which is significantly higher than SHYU.L's 2.47% return. Over the past 10 years, IBTS.L has underperformed SHYU.L with an annualized return of 4.47%, while SHYU.L has yielded a comparatively higher 6.48% annualized return. 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. SHYU.L - Expense Ratio Comparison
IBTS.L has a 0.07% expense ratio, which is lower than SHYU.L's 0.50% expense ratio.
Risk-Adjusted Performance
IBTS.L vs. SHYU.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 $ High Yield Corp Bond UCITS ETF (SHYU.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. SHYU.L - Dividend Comparison
IBTS.L's dividend yield for the trailing twelve months is around 4.85%, less than SHYU.L's 5.62% 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 $ High Yield Corp Bond UCITS ETF | 5.62% | 5.76% | 4.82% | 4.27% | 5.16% | 5.58% | 5.52% | 5.74% | 5.16% | 5.87% | 5.56% | 6.09% |
Drawdowns
IBTS.L vs. SHYU.L - Drawdown Comparison
The maximum IBTS.L drawdown since its inception was -18.99%, which is greater than SHYU.L's maximum drawdown of -15.01%. Use the drawdown chart below to compare losses from any high point for IBTS.L and SHYU.L. For additional features, visit the drawdowns tool.
Volatility
IBTS.L vs. SHYU.L - Volatility Comparison
The current volatility for iShares $ Treasury Bond 1-3yr UCITS ETF (IBTS.L) is 2.72%, while iShares $ High Yield Corp Bond UCITS ETF (SHYU.L) has a volatility of 3.26%. This indicates that IBTS.L experiences smaller price fluctuations and is considered to be less risky than SHYU.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.