SPP7.DE vs. TLTW
Compare and contrast key facts about SPDR Bloomberg 7-10 Year US Treasury Bond UCITS ETF (SPP7.DE) and iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (TLTW).
SPP7.DE and TLTW are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SPP7.DE is a passively managed fund by State Street that tracks the performance of the Bloomberg US 7-10 Year Treasury Bond. It was launched on Feb 17, 2016. TLTW is a passively managed fund by iShares that tracks the performance of the CBOE TLT 2% OTM Buywrite Index (USD). It was launched on Jun 18, 2022. Both SPP7.DE and TLTW 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: SPP7.DE or TLTW.
Correlation
The correlation between SPP7.DE and TLTW is 0.68, 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
SPP7.DE vs. TLTW - Performance Comparison
Key characteristics
SPP7.DE:
0.86
TLTW:
0.40
SPP7.DE:
1.44
TLTW:
0.59
SPP7.DE:
1.17
TLTW:
1.08
SPP7.DE:
0.36
TLTW:
0.24
SPP7.DE:
3.61
TLTW:
0.85
SPP7.DE:
1.81%
TLTW:
4.84%
SPP7.DE:
7.56%
TLTW:
10.38%
SPP7.DE:
-20.31%
TLTW:
-18.59%
SPP7.DE:
-10.97%
TLTW:
-11.22%
Returns By Period
In the year-to-date period, SPP7.DE achieves a 1.88% return, which is significantly lower than TLTW's 2.22% return.
SPP7.DE
1.88%
0.42%
4.19%
7.25%
-0.85%
N/A
TLTW
2.22%
2.26%
-4.75%
3.86%
N/A
N/A
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SPP7.DE vs. TLTW - Expense Ratio Comparison
SPP7.DE has a 0.15% expense ratio, which is lower than TLTW's 0.35% expense ratio.
Risk-Adjusted Performance
SPP7.DE vs. TLTW — Risk-Adjusted Performance Rank
SPP7.DE
TLTW
SPP7.DE vs. TLTW - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Bloomberg 7-10 Year US Treasury Bond UCITS ETF (SPP7.DE) and iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (TLTW). 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
SPP7.DE vs. TLTW - Dividend Comparison
SPP7.DE's dividend yield for the trailing twelve months is around 3.84%, less than TLTW's 15.14% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
SPP7.DE SPDR Bloomberg 7-10 Year US Treasury Bond UCITS ETF | 3.84% | 3.47% | 4.07% | 1.66% | 0.97% | 1.69% | 2.33% | 1.98% | 1.99% | 0.70% |
TLTW iShares 20+ Year Treasury Bond BuyWrite Strategy ETF | 15.14% | 14.47% | 19.59% | 8.71% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
SPP7.DE vs. TLTW - Drawdown Comparison
The maximum SPP7.DE drawdown since its inception was -20.31%, which is greater than TLTW's maximum drawdown of -18.59%. Use the drawdown chart below to compare losses from any high point for SPP7.DE and TLTW. For additional features, visit the drawdowns tool.
Volatility
SPP7.DE vs. TLTW - Volatility Comparison
SPDR Bloomberg 7-10 Year US Treasury Bond UCITS ETF (SPP7.DE) and iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (TLTW) have volatilities of 1.63% and 1.61%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.