JXI vs. TLT
JXI (iShares Global Utilities ETF) and TLT (iShares 20+ Year Treasury Bond ETF) are both exchange-traded funds - JXI is a Utilities Equities fund tracking the S&P Global 1200 Utilities (Sector) Capped Index (USD) (Net), while TLT is a Government Bonds fund tracking the ICE U.S. Treasury 20+ Year Bond Index. Both are passively managed. Over the past 10 years, JXI returned 8.89%/yr vs -2.38%/yr for TLT. Their -0.06 correlation means they have often moved in opposite directions in the past. JXI charges 0.39%/yr vs 0.15%/yr for TLT.
Performance
JXI vs. TLT - Performance Comparison
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Returns By Period
In the year-to-date period, JXI achieves a 7.87% return, which is significantly higher than TLT's -3.49% return. Over the past 10 years, JXI has outperformed TLT with an annualized return of 8.89%, while TLT has yielded a comparatively lower -2.38% annualized return.
JXI
- 1D
- -0.39%
- 1M
- -2.11%
- 6M
- 4.02%
- YTD
- 7.87%
- 1Y
- 13.52%
- 3Y*
- 15.24%
- 5Y*
- 9.72%
- 10Y*
- 8.89%
- ALL TIME*
- 6.21%
TLT
- 1D
- -0.66%
- 1M
- -3.81%
- 6M
- -3.46%
- YTD
- -3.49%
- 1Y
- -2.45%
- 3Y*
- -1.80%
- 5Y*
- -8.18%
- 10Y*
- -2.38%
- ALL TIME*
- 3.47%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.04M | $1.55M | $2.20M | |
| $2.33B | $2.02B | $2.19B |
JXI vs. TLT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JXI iShares Global Utilities ETF | 7.87% | 25.91% | 13.14% | 0.63% | -4.17% | 10.88% | 5.19% | 23.94% | 2.31% | 14.79% |
TLT iShares 20+ Year Treasury Bond ETF | -3.49% | 4.25% | -8.05% | 2.77% | -31.23% | -4.60% | 18.15% | 14.12% | -1.61% | 9.18% |
Correlation
The correlation between JXI and TLT is 0.29, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.29 |
Correlation (3Y) Balances recent behavior with more history. | 0.37 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.28 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.18 |
Correlation (All Time) Calculated using the full available price history since Sep 22, 2006 | -0.06 |
The correlation between JXI and TLT shifts across timeframes, from -0.06 (all time) to 0.37 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
JXI vs. TLT — Risk / Return Rank
JXI
TLT
JXI vs. TLT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global Utilities ETF (JXI) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| JXI | TLT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.22 | ||
| Sortino ratioReturn per unit of downside risk | +1.63 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 0.99 | +0.21 |
| Calmar ratioReturn relative to maximum drawdown | 1.78 | -0.14 | +1.92 |
| Martin ratioReturn relative to average drawdown | 4.74 | -0.30 | +5.04 |
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Drawdowns
JXI vs. TLT - Drawdown Comparison
The maximum JXI drawdown since its inception was -50.23%, roughly equal to the maximum TLT drawdown of -48.35%. Use the drawdown chart below to compare losses from any high point for JXI and TLT.
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Drawdown Indicators
| JXI | TLT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.23% | -48.35% | -1.88% |
Max Drawdown (1Y)Largest decline over 1 year | -8.09% | -7.74% | -0.35% |
Max Drawdown (3Y)Largest decline over 3 years | -12.16% | -14.79% | +2.63% |
Max Drawdown (5Y)Largest decline over 5 years | -22.45% | -43.70% | +21.25% |
Max Drawdown (10Y)Largest decline over 10 years | -34.20% | -48.35% | +14.15% |
Current DrawdownCurrent decline from peak | -5.10% | -42.36% | +37.26% |
Average DrawdownAverage peak-to-trough decline | -12.75% | -13.99% | +1.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.03% | 3.57% | -0.54% |
Volatility
JXI vs. TLT - Volatility Comparison
iShares Global Utilities ETF (JXI) has a higher volatility of 3.81% compared to iShares 20+ Year Treasury Bond ETF (TLT) at 2.46%. This indicates that JXI's price experiences larger fluctuations and is considered to be riskier than TLT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JXI | TLT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.81% | 2.46% | +1.35% |
Volatility (6M)Calculated over the trailing 6-month period | 10.97% | 6.85% | +4.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.08% | 9.32% | +3.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.42% | 15.74% | -0.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.98% | 14.83% | +2.15% |
JXI vs. TLT - Expense Ratio Comparison
JXI has a 0.39% expense ratio, which is higher than TLT's 0.15% expense ratio.
Dividends
JXI vs. TLT - Dividend Comparison
JXI's dividend yield for the trailing twelve months is around 2.44%, less than TLT's 4.75% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JXI iShares Global Utilities ETF | 2.44% | 2.56% | 3.02% | 3.58% | 3.13% | 2.78% | 2.65% | 3.43% | 3.16% | 3.62% | 4.77% | 3.78% |
TLT iShares 20+ Year Treasury Bond ETF | 4.34% | 4.43% | 4.30% | 3.38% | 2.67% | 1.50% | 1.50% | 2.27% | 2.63% | 2.43% | 2.60% | 2.61% |
Frequently Asked Questions
JXI and TLT have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
JXI has higher volatility (3.81%) compared to TLT (2.46%). In terms of maximum drawdown, JXI dropped -50.23% vs TLT's -48.35%.
On 10-year performance, JXI leads with 8.89% vs -2.38% for TLT. On fees, TLT is cheaper at 0.15% per year. On volatility, TLT has been the lower-risk option at 2.46%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, JXI has performed better with a 8.89% return vs -2.38%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
TLT is cheaper with a 0.15% expense ratio, compared with 0.39% for JXI.
TLT has the higher dividend yield at 4.34%, compared with 2.44% for JXI.
JXI is categorized as Utilities Equities, while TLT is Government Bonds. JXI tracks S&P Global 1200 Utilities (Sector) Capped Index (USD) (Net), while TLT tracks ICE U.S. Treasury 20+ Year Bond Index. Their fees differ too: 0.39% for JXI and 0.15% for TLT.
JXI currently has the higher Sharpe Ratio (1.10 vs -0.11), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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