SNA2.DE vs. SHY
Compare and contrast key facts about iShares USD Treasury Bond UCITS ETF USD Dist (SNA2.DE) and iShares 1-3 Year Treasury Bond ETF (SHY).
SNA2.DE and SHY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SNA2.DE is a passively managed fund by iShares that tracks the performance of the ICE US Treasury Core Bond. It was launched on Aug 28, 2019. SHY is a passively managed fund by iShares that tracks the performance of the Barclays Capital U.S. 1-3 Year Treasury Bond Index. It was launched on Jul 22, 2002. Both SNA2.DE and SHY 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: SNA2.DE or SHY.
Correlation
The correlation between SNA2.DE and SHY is 0.60, 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
SNA2.DE vs. SHY - Performance Comparison
Key characteristics
SNA2.DE:
0.78
SHY:
2.87
SNA2.DE:
1.21
SHY:
4.58
SNA2.DE:
1.15
SHY:
1.60
SNA2.DE:
0.26
SHY:
4.87
SNA2.DE:
3.11
SHY:
13.14
SNA2.DE:
1.60%
SHY:
0.36%
SNA2.DE:
6.36%
SHY:
1.64%
SNA2.DE:
-19.89%
SHY:
-5.71%
SNA2.DE:
-12.23%
SHY:
0.00%
Returns By Period
In the year-to-date period, SNA2.DE achieves a 1.77% return, which is significantly higher than SHY's 0.48% return.
SNA2.DE
1.77%
0.25%
5.53%
5.62%
-1.31%
N/A
SHY
0.48%
0.36%
1.52%
4.59%
1.25%
1.29%
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SNA2.DE vs. SHY - Expense Ratio Comparison
SNA2.DE has a 0.07% expense ratio, which is lower than SHY's 0.15% 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
SNA2.DE vs. SHY — Risk-Adjusted Performance Rank
SNA2.DE
SHY
SNA2.DE vs. SHY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares USD Treasury Bond UCITS ETF USD Dist (SNA2.DE) and iShares 1-3 Year Treasury Bond ETF (SHY). 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
SNA2.DE vs. SHY - Dividend Comparison
SNA2.DE's dividend yield for the trailing twelve months is around 3.42%, less than SHY's 3.94% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SNA2.DE iShares USD Treasury Bond UCITS ETF USD Dist | 3.42% | 3.48% | 3.07% | 1.40% | 0.72% | 1.32% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SHY iShares 1-3 Year Treasury Bond ETF | 3.94% | 3.91% | 2.99% | 1.30% | 0.26% | 0.94% | 2.12% | 1.72% | 0.98% | 0.72% | 0.54% | 0.36% |
Drawdowns
SNA2.DE vs. SHY - Drawdown Comparison
The maximum SNA2.DE drawdown since its inception was -19.89%, which is greater than SHY's maximum drawdown of -5.71%. Use the drawdown chart below to compare losses from any high point for SNA2.DE and SHY. For additional features, visit the drawdowns tool.
Volatility
SNA2.DE vs. SHY - Volatility Comparison
iShares USD Treasury Bond UCITS ETF USD Dist (SNA2.DE) has a higher volatility of 1.41% compared to iShares 1-3 Year Treasury Bond ETF (SHY) at 0.35%. This indicates that SNA2.DE's price experiences larger fluctuations and is considered to be riskier than SHY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.