SHY vs. TMUS
SHY (iShares 1-3 Year Treasury Bond ETF) is Government Bonds fund tracking the ICE US Treasury 1-3 Year Index, while TMUS (T-Mobile US, Inc.) is a stock. Over the past 10 years, SHY returned 1.65%/yr vs 16.24%/yr for TMUS. At a correlation of -0.09, they often move in opposite directions.
Performance
SHY vs. TMUS - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SHY achieves a 0.70% return, which is significantly higher than TMUS's -2.66% return. Over the past 10 years, SHY has underperformed TMUS with an annualized return of 1.65%, while TMUS has yielded a comparatively higher 16.24% annualized return.
SHY
- 1D
- -0.04%
- 1M
- 0.25%
- 6M
- 0.74%
- YTD
- 0.70%
- 1Y
- 2.97%
- 3Y*
- 4.14%
- 5Y*
- 1.78%
- 10Y*
- 1.65%
- ALL TIME*
- 1.95%
TMUS
- 1D
- 1.67%
- 1M
- 7.69%
- 6M
- 6.08%
- YTD
- -2.66%
- 1Y
- -12.27%
- 3Y*
- 13.24%
- 5Y*
- 7.19%
- 10Y*
- 16.24%
- ALL TIME*
- 18.39%
SHY vs. TMUS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SHY iShares 1-3 Year Treasury Bond ETF | 0.70% | 4.95% | 3.92% | 4.16% | -3.88% | -0.71% | 3.03% | 3.38% | 1.46% | 0.26% |
TMUS T-Mobile US, Inc. | -2.66% | -6.58% | 39.70% | 15.02% | 20.71% | -13.99% | 71.96% | 23.28% | 0.16% | 10.43% |
Correlation
The correlation between SHY and TMUS is -0.00, 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 | -0.00 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.06 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.09 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.01 |
Correlation (All Time) Calculated using the full available price history since Apr 19, 2007 | -0.09 |
The correlation between SHY and TMUS shifts across timeframes, from -0.09 (all time) to 0.09 (5 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SHY vs. TMUS — Risk / Return Rank
SHY
TMUS
SHY vs. TMUS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares 1-3 Year Treasury Bond ETF (SHY) and T-Mobile US, Inc. (TMUS). 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.
| SHY | TMUS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.63 | ||
| Sortino ratioReturn per unit of downside risk | +3.94 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 0.94 | +0.49 |
| Calmar ratioReturn relative to maximum drawdown | 3.35 | -0.36 | +3.72 |
| Martin ratioReturn relative to average drawdown | 13.14 | -0.62 | +13.76 |
Loading charts...
Drawdowns
SHY vs. TMUS - Drawdown Comparison
The maximum SHY drawdown since its inception was -5.71%, smaller than the maximum TMUS drawdown of -86.29%. Use the drawdown chart below to compare losses from any high point for SHY and TMUS.
Loading charts...
Drawdown Indicators
| SHY | TMUS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -5.71% | -86.29% | +80.58% |
Max Drawdown (1Y)Largest decline over 1 year | -0.89% | -34.02% | +33.13% |
Max Drawdown (3Y)Largest decline over 3 years | -0.97% | -37.13% | +36.16% |
Max Drawdown (5Y)Largest decline over 5 years | -5.71% | -37.13% | +31.42% |
Max Drawdown (10Y)Largest decline over 10 years | -5.71% | -37.13% | +31.42% |
Current DrawdownCurrent decline from peak | -0.05% | -26.67% | +26.62% |
Average DrawdownAverage peak-to-trough decline | -0.52% | -25.98% | +25.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.23% | 19.82% | -19.59% |
Volatility
SHY vs. TMUS - Volatility Comparison
The current volatility for iShares 1-3 Year Treasury Bond ETF (SHY) is 0.41%, while T-Mobile US, Inc. (TMUS) has a volatility of 10.23%. This indicates that SHY experiences smaller price fluctuations and is considered to be less risky than TMUS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SHY | TMUS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.41% | 10.23% | -9.82% |
Volatility (6M)Calculated over the trailing 6-month period | 1.06% | 20.95% | -19.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.38% | 26.25% | -24.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.00% | 24.30% | -22.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.58% | 26.17% | -24.59% |
Dividends
SHY vs. TMUS - Dividend Comparison
SHY's dividend yield for the trailing twelve months is around 3.65%, more than TMUS's 2.01% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SHY iShares 1-3 Year Treasury Bond ETF | 3.65% | 3.81% | 3.92% | 2.99% | 1.30% | 0.26% | 0.94% | 2.12% | 1.72% | 0.98% | 0.71% | 0.54% |
TMUS T-Mobile US, Inc. | 2.01% | 1.80% | 1.28% | 0.41% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
SHY and TMUS have a correlation of -0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TMUS has higher volatility (10.23%) compared to SHY (0.41%). In terms of maximum drawdown, SHY dropped -5.71% vs TMUS's -86.29%.
SHY currently has the higher Sharpe Ratio (2.16 vs -0.47), 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.
Find the right allocation for SHY and TMUS
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer