PANW vs. IBTA.L
PANW (Palo Alto Networks, Inc.) is a stock, while IBTA.L (iShares USD Treasury Bond 1-3yr UCITS ETF (Acc)) is Government Bonds fund tracking the ICE US Treasury 1-3 Year Index. Over the past 5 years, PANW returned 36.26%/yr vs 1.89%/yr for IBTA.L. At a correlation of -0.02, they often move in opposite directions.
Performance
PANW vs. IBTA.L - Performance Comparison
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Returns By Period
In the year-to-date period, PANW achieves a 54.47% return, which is significantly higher than IBTA.L's 0.51% return.
PANW
- 1D
- 1.76%
- 1M
- 17.18%
- YTD
- 54.47%
- 6M
- 53.08%
- 1Y
- 44.97%
- 3Y*
- 32.16%
- 5Y*
- 36.26%
- 10Y*
- 29.54%
IBTA.L
- 1D
- 0.00%
- 1M
- 0.34%
- YTD
- 0.51%
- 6M
- 0.85%
- 1Y
- 3.48%
- 3Y*
- 4.33%
- 5Y*
- 1.89%
- 10Y*
- —
PANW vs. IBTA.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PANW Palo Alto Networks, Inc. | 54.47% | 1.23% | 23.41% | 111.32% | -24.81% | 56.66% | 53.68% | 22.78% | 29.95% | 27.84% |
IBTA.L iShares USD Treasury Bond 1-3yr UCITS ETF (Acc) | 0.51% | 5.34% | 4.07% | 4.21% | -3.75% | -0.64% | 3.14% | 3.62% | 1.40% | -0.20% |
Correlation
The correlation between PANW and IBTA.L is -0.07, 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 | -0.07 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.06 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.01 |
Correlation (All Time) Calculated using the full available price history since Apr 13, 2017 | -0.02 |
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Return for Risk
PANW vs. IBTA.L — Risk / Return Rank
PANW
IBTA.L
PANW vs. IBTA.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Palo Alto Networks, Inc. (PANW) and iShares USD Treasury Bond 1-3yr UCITS ETF (Acc) (IBTA.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.
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.
| PANW | IBTA.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.03 | ||
| Sortino ratioReturn per unit of downside risk | -1.91 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.63 | -0.41 |
| Calmar ratioReturn relative to maximum drawdown | 1.26 | 5.15 | -3.90 |
| Martin ratioReturn relative to average drawdown | 2.84 | 17.76 | -14.92 |
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Drawdowns
PANW vs. IBTA.L - Drawdown Comparison
The maximum PANW drawdown since its inception was -47.98%, which is greater than IBTA.L's maximum drawdown of -5.80%. Use the drawdown chart below to compare losses from any high point for PANW and IBTA.L.
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Drawdown Indicators
| PANW | IBTA.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.98% | -5.80% | -42.18% |
Max Drawdown (1Y)Largest decline over 1 year | -36.01% | -0.67% | -35.34% |
Max Drawdown (3Y)Largest decline over 3 years | -36.01% | -0.89% | -35.12% |
Max Drawdown (5Y)Largest decline over 5 years | -36.01% | -5.70% | -30.31% |
Max Drawdown (10Y)Largest decline over 10 years | -47.98% | — | — |
Current DrawdownCurrent decline from peak | -5.30% | 0.00% | -5.30% |
Average DrawdownAverage peak-to-trough decline | -14.68% | -0.96% | -13.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.88% | 0.20% | +15.68% |
Volatility
PANW vs. IBTA.L - Volatility Comparison
Palo Alto Networks, Inc. (PANW) has a higher volatility of 16.60% compared to iShares USD Treasury Bond 1-3yr UCITS ETF (Acc) (IBTA.L) at 0.52%. This indicates that PANW's price experiences larger fluctuations and is considered to be riskier than IBTA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PANW | IBTA.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.60% | 0.52% | +16.08% |
Volatility (6M)Calculated over the trailing 6-month period | 32.32% | 1.13% | +31.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 39.03% | 1.58% | +37.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 41.73% | 2.17% | +39.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.64% | 1.93% | +36.71% |
Dividends
PANW vs. IBTA.L - Dividend Comparison
Neither PANW nor IBTA.L has paid dividends to shareholders.
Frequently Asked Questions
PANW and IBTA.L have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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