J13U.L vs. TIGB.L
J13U.L (JPMorgan BetaBuilders US Treasury Bond 1-3 yr UCITS ETF - USD (Acc)) and TIGB.L (Invesco US Treasury Bond 0-1 Year UCITS ETF GBP Hedged Dist) are both exchange-traded funds - J13U.L is a Government Bonds fund tracking the J.P. Morgan Government Bond US 1-3 Index, while TIGB.L is a Short-Term Bond fund tracking the Bloomberg US Treasury Coupons Index. Both are passively managed. Over the past 3 years, J13U.L returned 1.44%/yr vs 4.48%/yr for TIGB.L. At a correlation of -0.01, they often move in opposite directions. J13U.L charges 0.07%/yr vs 0.10%/yr for TIGB.L.
Performance
J13U.L vs. TIGB.L - Performance Comparison
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Different Trading Currencies
J13U.L is traded in GBP, while TIGB.L is traded in GBp. To make them comparable, the TIGB.L values have been converted to GBP using the latest available exchange rates.
Returns By Period
In the year-to-date period, J13U.L achieves a 0.63% return, which is significantly lower than TIGB.L's 1.42% return.
J13U.L
- 1D
- 0.08%
- 1M
- 1.09%
- YTD
- 0.63%
- 6M
- 0.21%
- 1Y
- 4.33%
- 3Y*
- 1.44%
- 5Y*
- 2.87%
- 10Y*
- —
TIGB.L
- 1D
- 0.09%
- 1M
- 0.29%
- YTD
- 1.42%
- 6M
- 1.75%
- 1Y
- 3.78%
- 3Y*
- 4.48%
- 5Y*
- —
- 10Y*
- —
J13U.L vs. TIGB.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
J13U.L JPMorgan BetaBuilders US Treasury Bond 1-3 yr UCITS ETF - USD (Acc) | 0.63% | -1.99% | 5.72% | -1.65% | 9.27% |
TIGB.L Invesco US Treasury Bond 0-1 Year UCITS ETF GBP Hedged Dist | 1.42% | 4.10% | 4.94% | 4.27% | 0.03% |
Correlation
The correlation between J13U.L and TIGB.L is -0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.02 |
Correlation (All Time) Calculated using the full available price history since Feb 7, 2022 | -0.01 |
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Return for Risk
J13U.L vs. TIGB.L — Risk / Return Rank
J13U.L
TIGB.L
J13U.L vs. TIGB.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan BetaBuilders US Treasury Bond 1-3 yr UCITS ETF - USD (Acc) (J13U.L) and Invesco US Treasury Bond 0-1 Year UCITS ETF GBP Hedged Dist (TIGB.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.
| J13U.L | TIGB.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.17 | ||
| Sortino ratioReturn per unit of downside risk | -4.99 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 2.34 | -1.22 |
| Calmar ratioReturn relative to maximum drawdown | 0.96 | 12.51 | -11.56 |
| Martin ratioReturn relative to average drawdown | 2.40 | 73.64 | -71.23 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| J13U.L | TIGB.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.70 | 3.87 | -3.17 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.36 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.25 | 5.48 | -5.22 |
Drawdowns
J13U.L vs. TIGB.L - Drawdown Comparison
The maximum J13U.L drawdown since its inception was -18.81%, which is greater than TIGB.L's maximum drawdown of -0.50%. Use the drawdown chart below to compare losses from any high point for J13U.L and TIGB.L.
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Drawdown Indicators
| J13U.L | TIGB.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.81% | -0.50% | -18.31% |
Max Drawdown (1Y)Largest decline over 1 year | -4.52% | -0.30% | -4.22% |
Max Drawdown (3Y)Largest decline over 3 years | -8.92% | -0.30% | -8.62% |
Max Drawdown (5Y)Largest decline over 5 years | -16.30% | — | — |
Current DrawdownCurrent decline from peak | -7.77% | 0.00% | -7.77% |
Average DrawdownAverage peak-to-trough decline | -9.16% | -0.03% | -9.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.80% | 0.05% | +1.75% |
Volatility
J13U.L vs. TIGB.L - Volatility Comparison
JPMorgan BetaBuilders US Treasury Bond 1-3 yr UCITS ETF - USD (Acc) (J13U.L) has a higher volatility of 1.72% compared to Invesco US Treasury Bond 0-1 Year UCITS ETF GBP Hedged Dist (TIGB.L) at 0.45%. This indicates that J13U.L's price experiences larger fluctuations and is considered to be riskier than TIGB.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| J13U.L | TIGB.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.72% | 0.45% | +1.27% |
Volatility (6M)Calculated over the trailing 6-month period | 4.51% | 0.71% | +3.80% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.15% | 0.97% | +5.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.06% | 0.74% | +7.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.57% | 0.74% | +7.83% |
J13U.L vs. TIGB.L - Expense Ratio Comparison
J13U.L has a 0.07% expense ratio, which is lower than TIGB.L's 0.10% 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%.
Dividends
J13U.L vs. TIGB.L - Dividend Comparison
J13U.L has not paid dividends to shareholders, while TIGB.L's dividend yield for the trailing twelve months is around 3.92%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
J13U.L JPMorgan BetaBuilders US Treasury Bond 1-3 yr UCITS ETF - USD (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.18% |
TIGB.L Invesco US Treasury Bond 0-1 Year UCITS ETF GBP Hedged Dist | 3.92% | 4.11% | 4.93% | 4.53% | 1.46% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
J13U.L and TIGB.L have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, J13U.L is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
J13U.L is cheaper with a 0.07% expense ratio, compared with 0.10% for TIGB.L.
J13U.L is categorized as Government Bonds, while TIGB.L is Short-Term Bond. J13U.L tracks J.P. Morgan Government Bond US 1-3 Index, while TIGB.L tracks Bloomberg US Treasury Coupons Index. They also come from different issuers: JPMorgan and Invesco. Their fees differ too: 0.07% for J13U.L and 0.10% for TIGB.L.
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