T1AP.L vs. IBTU.L
Compare and contrast key facts about Invesco US Treasury Bond 0-1 Year UCITS ETF Acc (T1AP.L) and iShares USD Treasury Bond 0-1yr UCITS ETF USD (Dist) (IBTU.L).
T1AP.L and IBTU.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. T1AP.L is a passively managed fund by Invesco that tracks the performance of the Bloomberg US Government TR USD. It was launched on Jan 21, 2020. IBTU.L is a passively managed fund by iShares that tracks the performance of the Bloomberg US Government TR USD. It was launched on Feb 20, 2019. Both T1AP.L and IBTU.L 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: T1AP.L or IBTU.L.
Correlation
The correlation between T1AP.L and IBTU.L is 0.01, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
T1AP.L vs. IBTU.L - Performance Comparison
Key characteristics
T1AP.L:
0.86
IBTU.L:
10.36
T1AP.L:
1.32
IBTU.L:
23.44
T1AP.L:
1.16
IBTU.L:
5.57
T1AP.L:
0.25
IBTU.L:
48.99
T1AP.L:
2.36
IBTU.L:
303.94
T1AP.L:
2.35%
IBTU.L:
0.02%
T1AP.L:
6.47%
IBTU.L:
0.49%
T1AP.L:
-21.77%
IBTU.L:
-0.62%
T1AP.L:
-15.22%
IBTU.L:
0.00%
Returns By Period
In the year-to-date period, T1AP.L achieves a 0.27% return, which is significantly lower than IBTU.L's 0.56% return.
T1AP.L
0.27%
-1.82%
6.32%
5.74%
3.07%
N/A
IBTU.L
0.56%
0.32%
2.35%
5.16%
2.48%
N/A
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T1AP.L vs. IBTU.L - Expense Ratio Comparison
T1AP.L has a 0.06% expense ratio, which is lower than IBTU.L's 0.07% 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
T1AP.L vs. IBTU.L — Risk-Adjusted Performance Rank
T1AP.L
IBTU.L
T1AP.L vs. IBTU.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco US Treasury Bond 0-1 Year UCITS ETF Acc (T1AP.L) and iShares USD Treasury Bond 0-1yr UCITS ETF USD (Dist) (IBTU.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.
Dividends
T1AP.L vs. IBTU.L - Dividend Comparison
T1AP.L has not paid dividends to shareholders, while IBTU.L's dividend yield for the trailing twelve months is around 6.78%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
T1AP.L Invesco US Treasury Bond 0-1 Year UCITS ETF Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IBTU.L iShares USD Treasury Bond 0-1yr UCITS ETF USD (Dist) | 6.78% | 6.82% | 3.99% | 0.44% | 0.10% | 1.28% | 1.21% |
Drawdowns
T1AP.L vs. IBTU.L - Drawdown Comparison
The maximum T1AP.L drawdown since its inception was -21.77%, which is greater than IBTU.L's maximum drawdown of -0.62%. Use the drawdown chart below to compare losses from any high point for T1AP.L and IBTU.L. For additional features, visit the drawdowns tool.
Volatility
T1AP.L vs. IBTU.L - Volatility Comparison
Invesco US Treasury Bond 0-1 Year UCITS ETF Acc (T1AP.L) has a higher volatility of 1.19% compared to iShares USD Treasury Bond 0-1yr UCITS ETF USD (Dist) (IBTU.L) at 0.11%. This indicates that T1AP.L's price experiences larger fluctuations and is considered to be riskier than IBTU.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.