IBTU.L vs. USFR.L
Compare and contrast key facts about iShares USD Treasury Bond 0-1yr UCITS ETF USD (Dist) (IBTU.L) and WisdomTree USD Floating Rate Treasury Bond UCITS ETF USD (USFR.L).
IBTU.L and USFR.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IBTU.L is a passively managed fund by iShares that tracks the performance of the Bloomberg US Government TR USD. It was launched on Feb 20, 2019. USFR.L is a passively managed fund by WisdomTree that tracks the performance of the Bloomberg US Government TR USD. It was launched on Mar 21, 2019. Both IBTU.L and USFR.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: IBTU.L or USFR.L.
Key characteristics
| IBTU.L | USFR.L | |
|---|---|---|
| YTD Return | 4.49% | 4.73% |
| 1Y Return | 5.35% | 5.28% |
| 3Y Return (Ann) | 3.50% | 3.92% |
| 5Y Return (Ann) | 2.32% | 2.46% |
| Sharpe Ratio | 11.62 | 2.69 |
| Sortino Ratio | 30.43 | 3.93 |
| Omega Ratio | 7.08 | 1.72 |
| Calmar Ratio | 67.80 | 8.21 |
| Martin Ratio | 461.69 | 31.97 |
| Ulcer Index | 0.01% | 0.16% |
| Daily Std Dev | 0.46% | 1.94% |
| Max Drawdown | -0.62% | -2.99% |
| Current Drawdown | -0.02% | 0.00% |
Correlation
The correlation between IBTU.L and USFR.L is 0.14, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
IBTU.L vs. USFR.L - Performance Comparison
In the year-to-date period, IBTU.L achieves a 4.49% return, which is significantly lower than USFR.L's 4.73% 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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IBTU.L vs. USFR.L - Expense Ratio Comparison
IBTU.L has a 0.07% expense ratio, which is lower than USFR.L's 0.15% 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%.
Risk-Adjusted Performance
IBTU.L vs. USFR.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares USD Treasury Bond 0-1yr UCITS ETF USD (Dist) (IBTU.L) and WisdomTree USD Floating Rate Treasury Bond UCITS ETF USD (USFR.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
IBTU.L vs. USFR.L - Dividend Comparison
IBTU.L's dividend yield for the trailing twelve months is around 6.87%, more than USFR.L's 5.27% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
IBTU.L iShares USD Treasury Bond 0-1yr UCITS ETF USD (Dist) | 6.87% | 3.99% | 0.44% | 0.10% | 1.28% | 1.21% |
USFR.L WisdomTree USD Floating Rate Treasury Bond UCITS ETF USD | 5.27% | 4.58% | 0.78% | 0.00% | 0.57% | 1.09% |
Drawdowns
IBTU.L vs. USFR.L - Drawdown Comparison
The maximum IBTU.L drawdown since its inception was -0.62%, smaller than the maximum USFR.L drawdown of -2.99%. Use the drawdown chart below to compare losses from any high point for IBTU.L and USFR.L. For additional features, visit the drawdowns tool.
Volatility
IBTU.L vs. USFR.L - Volatility Comparison
The current volatility for iShares USD Treasury Bond 0-1yr UCITS ETF USD (Dist) (IBTU.L) is 0.20%, while WisdomTree USD Floating Rate Treasury Bond UCITS ETF USD (USFR.L) has a volatility of 0.49%. This indicates that IBTU.L experiences smaller price fluctuations and is considered to be less risky than USFR.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.