LEMB vs. TLT
Compare and contrast key facts about iShares J.P. Morgan EM Local Currency Bond ETF (LEMB) and iShares 20+ Year Treasury Bond ETF (TLT).
LEMB and TLT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. LEMB is a passively managed fund by iShares that tracks the performance of the J.P. Morgan GBI-EM Global 15 cap 4.5 floor. It was launched on Oct 18, 2011. 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 LEMB 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: LEMB or TLT.
Correlation
The correlation between LEMB and TLT is 0.42, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
LEMB vs. TLT - Performance Comparison
Key characteristics
LEMB:
1.24
TLT:
0.39
LEMB:
1.86
TLT:
0.63
LEMB:
1.23
TLT:
1.07
LEMB:
0.47
TLT:
0.13
LEMB:
2.70
TLT:
0.74
LEMB:
3.37%
TLT:
7.59%
LEMB:
7.30%
TLT:
14.43%
LEMB:
-28.42%
TLT:
-48.35%
LEMB:
-11.63%
TLT:
-40.70%
Returns By Period
In the year-to-date period, LEMB achieves a 7.20% return, which is significantly higher than TLT's 3.51% return. Over the past 10 years, LEMB has outperformed TLT with an annualized return of 0.23%, while TLT has yielded a comparatively lower -0.72% annualized return.
LEMB
7.20%
3.28%
4.68%
9.32%
1.65%
0.23%
TLT
3.51%
-1.36%
-1.01%
5.65%
-9.51%
-0.72%
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LEMB vs. TLT - Expense Ratio Comparison
LEMB has a 0.30% expense ratio, which is higher than TLT's 0.15% expense ratio.
Risk-Adjusted Performance
LEMB vs. TLT — Risk-Adjusted Performance Rank
LEMB
TLT
LEMB vs. TLT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares J.P. Morgan EM Local Currency Bond ETF (LEMB) 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
LEMB vs. TLT - Dividend Comparison
LEMB has not paid dividends to shareholders, while TLT's dividend yield for the trailing twelve months is around 4.21%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LEMB iShares J.P. Morgan EM Local Currency Bond ETF | 0.00% | 0.00% | 1.34% | 0.86% | 3.89% | 0.00% | 4.39% | 6.91% | 0.00% | 0.00% | 0.64% | 2.85% |
TLT iShares 20+ Year Treasury Bond ETF | 4.21% | 4.30% | 3.38% | 2.67% | 1.50% | 1.50% | 2.27% | 2.63% | 2.43% | 2.60% | 2.61% | 2.67% |
Drawdowns
LEMB vs. TLT - Drawdown Comparison
The maximum LEMB drawdown since its inception was -28.42%, smaller than the maximum TLT drawdown of -48.35%. Use the drawdown chart below to compare losses from any high point for LEMB and TLT. For additional features, visit the drawdowns tool.
Volatility
LEMB vs. TLT - Volatility Comparison
The current volatility for iShares J.P. Morgan EM Local Currency Bond ETF (LEMB) is 3.36%, while iShares 20+ Year Treasury Bond ETF (TLT) has a volatility of 5.88%. This indicates that LEMB experiences smaller price fluctuations and is considered to be less risky than TLT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.