IS04.DE vs. TLT
Compare and contrast key facts about iShares USD Treasury Bond 20+yr UCITS ETF (Dist) (IS04.DE) and iShares 20+ Year Treasury Bond ETF (TLT).
IS04.DE and TLT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IS04.DE is a passively managed fund by iShares that tracks the performance of the ICE US Treasury 20+ Year. It was launched on Jan 20, 2015. TLT is a passively managed fund by iShares that tracks the performance of the Barclays Capital U.S. 20+ Year Treasury Bond Index. It was launched on Jul 26, 2002. Both IS04.DE and TLT 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: IS04.DE or TLT.
Key characteristics
| IS04.DE | TLT | |
|---|---|---|
| YTD Return | -0.83% | -6.14% |
| 1Y Return | 8.41% | 4.03% |
| 3Y Return (Ann) | -9.52% | -12.58% |
| 5Y Return (Ann) | -4.51% | -5.92% |
| Sharpe Ratio | 0.68 | 0.43 |
| Sortino Ratio | 1.08 | 0.70 |
| Omega Ratio | 1.12 | 1.08 |
| Calmar Ratio | 0.20 | 0.14 |
| Martin Ratio | 1.96 | 1.05 |
| Ulcer Index | 4.47% | 6.10% |
| Daily Std Dev | 12.96% | 15.01% |
| Max Drawdown | -45.95% | -48.35% |
| Current Drawdown | -38.25% | -41.52% |
Correlation
The correlation between IS04.DE and TLT is 0.72, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
IS04.DE vs. TLT - Performance Comparison
In the year-to-date period, IS04.DE achieves a -0.83% return, which is significantly higher than TLT's -6.14% 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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IS04.DE vs. TLT - Expense Ratio Comparison
IS04.DE has a 0.07% expense ratio, which is lower than TLT'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
IS04.DE vs. TLT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares USD Treasury Bond 20+yr UCITS ETF (Dist) (IS04.DE) and iShares 20+ Year Treasury Bond ETF (TLT). 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
IS04.DE vs. TLT - Dividend Comparison
IS04.DE's dividend yield for the trailing twelve months is around 4.24%, more than TLT's 4.10% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IS04.DE iShares USD Treasury Bond 20+yr UCITS ETF (Dist) | 4.24% | 3.82% | 3.04% | 1.71% | 1.86% | 2.49% | 2.79% | 2.72% | 2.56% | 2.14% | 0.00% | 0.00% |
TLT iShares 20+ Year Treasury Bond ETF | 4.10% | 3.38% | 2.67% | 1.50% | 1.50% | 2.27% | 2.63% | 2.43% | 2.60% | 2.61% | 2.67% | 3.26% |
Drawdowns
IS04.DE vs. TLT - Drawdown Comparison
The maximum IS04.DE drawdown since its inception was -45.95%, roughly equal to the maximum TLT drawdown of -48.35%. Use the drawdown chart below to compare losses from any high point for IS04.DE and TLT. For additional features, visit the drawdowns tool.
Volatility
IS04.DE vs. TLT - Volatility Comparison
iShares USD Treasury Bond 20+yr UCITS ETF (Dist) (IS04.DE) and iShares 20+ Year Treasury Bond ETF (TLT) have volatilities of 4.87% and 5.07%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.