OM3M.DE vs. TPSA.AS
Compare and contrast key facts about iShares USD Treasury Bond 3-7 UCITS ETF USD Dist (OM3M.DE) and iShares $ TIPS UCITS ETF USD (Acc) (TPSA.AS).
OM3M.DE and TPSA.AS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. OM3M.DE is a passively managed fund by iShares that tracks the performance of the ICE US Treasury 3-7 Year. It was launched on Jul 10, 2018. TPSA.AS is a passively managed fund by iShares that tracks the performance of the Bloomberg Gbl Infl Linked US TIPS TR USD. It was launched on Dec 8, 2006. Both OM3M.DE and TPSA.AS 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: OM3M.DE or TPSA.AS.
Key characteristics
| OM3M.DE | TPSA.AS | |
|---|---|---|
| YTD Return | -0.32% | 3.97% |
| 1Y Return | -0.74% | 4.12% |
| 3Y Return (Ann) | -1.71% | 0.68% |
| 5Y Return (Ann) | -1.77% | 1.97% |
| Sharpe Ratio | -0.11 | 0.68 |
| Daily Std Dev | 6.10% | 5.76% |
| Max Drawdown | -17.16% | -19.97% |
| Current Drawdown | -15.22% | -8.98% |
Correlation
The correlation between OM3M.DE and TPSA.AS is 0.70, 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
OM3M.DE vs. TPSA.AS - Performance Comparison
In the year-to-date period, OM3M.DE achieves a -0.32% return, which is significantly lower than TPSA.AS's 3.97% 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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OM3M.DE vs. TPSA.AS - Expense Ratio Comparison
OM3M.DE has a 0.07% expense ratio, which is lower than TPSA.AS's 0.12% 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
OM3M.DE vs. TPSA.AS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares USD Treasury Bond 3-7 UCITS ETF USD Dist (OM3M.DE) and iShares $ TIPS UCITS ETF USD (Acc) (TPSA.AS). 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
OM3M.DE vs. TPSA.AS - Dividend Comparison
Neither OM3M.DE nor TPSA.AS has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
OM3M.DE iShares USD Treasury Bond 3-7 UCITS ETF USD Dist | 0.00% | 0.00% | 0.00% | 0.00% | 1.18% | 2.33% |
TPSA.AS iShares $ TIPS UCITS ETF USD (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
OM3M.DE vs. TPSA.AS - Drawdown Comparison
The maximum OM3M.DE drawdown since its inception was -17.16%, smaller than the maximum TPSA.AS drawdown of -19.97%. Use the drawdown chart below to compare losses from any high point for OM3M.DE and TPSA.AS. For additional features, visit the drawdowns tool.
Volatility
OM3M.DE vs. TPSA.AS - Volatility Comparison
The current volatility for iShares USD Treasury Bond 3-7 UCITS ETF USD Dist (OM3M.DE) is 1.32%, while iShares $ TIPS UCITS ETF USD (Acc) (TPSA.AS) has a volatility of 1.46%. This indicates that OM3M.DE experiences smaller price fluctuations and is considered to be less risky than TPSA.AS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.