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TBLL vs. ICSH
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between TBLL and ICSH is -0.07. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


Performance

TBLL vs. ICSH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Short Term Treasury ETF (TBLL) and iShares Ultra Short-Term Bond ETF (ICSH). The values are adjusted to include any dividend payments, if applicable.

18.00%20.00%22.00%24.00%December2025FebruaryMarchAprilMay
19.84%
24.63%
TBLL
ICSH

Key characteristics

Sharpe Ratio

TBLL:

14.11

ICSH:

12.10

Sortino Ratio

TBLL:

40.89

ICSH:

28.89

Omega Ratio

TBLL:

13.97

ICSH:

6.48

Calmar Ratio

TBLL:

64.73

ICSH:

65.95

Martin Ratio

TBLL:

616.69

ICSH:

370.91

Ulcer Index

TBLL:

0.01%

ICSH:

0.01%

Daily Std Dev

TBLL:

0.34%

ICSH:

0.45%

Max Drawdown

TBLL:

-0.61%

ICSH:

-3.94%

Current Drawdown

TBLL:

0.00%

ICSH:

0.00%

Returns By Period

In the year-to-date period, TBLL achieves a 1.42% return, which is significantly lower than ICSH's 1.70% return.


TBLL

YTD

1.42%

1M

0.30%

6M

2.15%

1Y

4.86%

5Y*

2.52%

10Y*

N/A

ICSH

YTD

1.70%

1M

0.35%

6M

2.41%

1Y

5.41%

5Y*

2.95%

10Y*

2.57%

*Annualized

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TBLL vs. ICSH - Expense Ratio Comparison

Both TBLL and ICSH have an expense ratio of 0.08%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.


Risk-Adjusted Performance

TBLL vs. ICSH — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TBLL
The Risk-Adjusted Performance Rank of TBLL is 100100
Overall Rank
The Sharpe Ratio Rank of TBLL is 100100
Sharpe Ratio Rank
The Sortino Ratio Rank of TBLL is 100100
Sortino Ratio Rank
The Omega Ratio Rank of TBLL is 100100
Omega Ratio Rank
The Calmar Ratio Rank of TBLL is 100100
Calmar Ratio Rank
The Martin Ratio Rank of TBLL is 100100
Martin Ratio Rank

ICSH
The Risk-Adjusted Performance Rank of ICSH is 100100
Overall Rank
The Sharpe Ratio Rank of ICSH is 100100
Sharpe Ratio Rank
The Sortino Ratio Rank of ICSH is 100100
Sortino Ratio Rank
The Omega Ratio Rank of ICSH is 100100
Omega Ratio Rank
The Calmar Ratio Rank of ICSH is 100100
Calmar Ratio Rank
The Martin Ratio Rank of ICSH is 100100
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

TBLL vs. ICSH - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Short Term Treasury ETF (TBLL) and iShares Ultra Short-Term Bond ETF (ICSH). 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.


The current TBLL Sharpe Ratio is 14.11, which is comparable to the ICSH Sharpe Ratio of 12.10. The chart below compares the historical Sharpe Ratios of TBLL and ICSH, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio9.0010.0011.0012.0013.0014.00December2025FebruaryMarchAprilMay
14.11
12.10
TBLL
ICSH

Dividends

TBLL vs. ICSH - Dividend Comparison

TBLL's dividend yield for the trailing twelve months is around 4.70%, less than ICSH's 4.97% yield.


TTM20242023202220212020201920182017201620152014
TBLL
Invesco Short Term Treasury ETF
4.70%4.99%4.63%1.37%0.05%0.80%2.24%1.69%0.71%0.00%0.00%0.00%
ICSH
iShares Ultra Short-Term Bond ETF
4.97%5.24%4.78%1.66%0.42%1.21%2.61%2.20%1.36%0.88%0.54%0.46%

Drawdowns

TBLL vs. ICSH - Drawdown Comparison

The maximum TBLL drawdown since its inception was -0.61%, smaller than the maximum ICSH drawdown of -3.94%. Use the drawdown chart below to compare losses from any high point for TBLL and ICSH. For additional features, visit the drawdowns tool.


-0.08%-0.06%-0.04%-0.02%0.00%December2025FebruaryMarchAprilMay00
TBLL
ICSH

Volatility

TBLL vs. ICSH - Volatility Comparison

The current volatility for Invesco Short Term Treasury ETF (TBLL) is 0.07%, while iShares Ultra Short-Term Bond ETF (ICSH) has a volatility of 0.17%. This indicates that TBLL experiences smaller price fluctuations and is considered to be less risky than ICSH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.06%0.08%0.10%0.12%0.14%0.16%0.18%December2025FebruaryMarchAprilMay
0.07%
0.17%
TBLL
ICSH