ISDB vs. TBLL
Compare and contrast key facts about Invesco Short Duration Bond ETF (ISDB) and Invesco Short Term Treasury ETF (TBLL).
ISDB and TBLL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ISDB is an actively managed fund by Invesco. It was launched on Dec 5, 2022. TBLL is a passively managed fund by Invesco that tracks the performance of the ICE U.S. Treasury Short Bond Index. It was launched on Jan 10, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ISDB or TBLL.
Correlation
The correlation between ISDB and TBLL is 0.19, 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
ISDB vs. TBLL - Performance Comparison
Key characteristics
ISDB:
3.21
TBLL:
13.61
ISDB:
5.17
TBLL:
37.28
ISDB:
1.70
TBLL:
11.73
ISDB:
7.56
TBLL:
66.89
ISDB:
20.32
TBLL:
593.63
ISDB:
0.27%
TBLL:
0.01%
ISDB:
1.70%
TBLL:
0.37%
ISDB:
-1.44%
TBLL:
-0.61%
ISDB:
-0.04%
TBLL:
0.00%
Returns By Period
In the year-to-date period, ISDB achieves a 0.46% return, which is significantly higher than TBLL's 0.30% return.
ISDB
0.46%
0.52%
2.50%
5.51%
N/A
N/A
TBLL
0.30%
0.33%
2.42%
5.03%
2.44%
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
ISDB vs. TBLL - Expense Ratio Comparison
ISDB has a 0.36% expense ratio, which is higher than TBLL's 0.08% expense ratio.
Risk-Adjusted Performance
ISDB vs. TBLL — Risk-Adjusted Performance Rank
ISDB
TBLL
ISDB vs. TBLL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Short Duration Bond ETF (ISDB) and Invesco Short Term Treasury ETF (TBLL). 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
ISDB vs. TBLL - Dividend Comparison
ISDB's dividend yield for the trailing twelve months is around 5.46%, more than TBLL's 4.93% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
ISDB Invesco Short Duration Bond ETF | 5.46% | 5.50% | 5.60% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TBLL Invesco Short Term Treasury ETF | 4.93% | 4.99% | 4.63% | 1.37% | 0.05% | 0.80% | 2.24% | 1.69% | 0.71% |
Drawdowns
ISDB vs. TBLL - Drawdown Comparison
The maximum ISDB drawdown since its inception was -1.44%, which is greater than TBLL's maximum drawdown of -0.61%. Use the drawdown chart below to compare losses from any high point for ISDB and TBLL. For additional features, visit the drawdowns tool.
Volatility
ISDB vs. TBLL - Volatility Comparison
Invesco Short Duration Bond ETF (ISDB) has a higher volatility of 0.54% compared to Invesco Short Term Treasury ETF (TBLL) at 0.07%. This indicates that ISDB's price experiences larger fluctuations and is considered to be riskier than TBLL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.