THY vs. TBIL
Compare and contrast key facts about Agility Shares Dynamic Tactical Income ETF (THY) and US Treasury 3 Month Bill ETF (TBIL).
THY and TBIL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. THY is an actively managed fund by Toews Corp.. It was launched on Jun 25, 2020. TBIL is a passively managed fund by US Benchmark Series that tracks the performance of the ICE BofA US Treasury Bill 3 Month Index. It was launched on Aug 8, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: THY or TBIL.
Key characteristics
| THY | TBIL | |
|---|---|---|
| YTD Return | 5.87% | 4.69% |
| 1Y Return | 11.87% | 5.47% |
| Sharpe Ratio | 2.21 | 14.66 |
| Sortino Ratio | 3.30 | 79.65 |
| Omega Ratio | 1.46 | 24.24 |
| Calmar Ratio | 1.44 | 272.19 |
| Martin Ratio | 18.03 | 1,245.11 |
| Ulcer Index | 0.62% | 0.00% |
| Daily Std Dev | 5.08% | 0.37% |
| Max Drawdown | -8.56% | -0.10% |
| Current Drawdown | -1.13% | 0.00% |
Correlation
The correlation between THY and TBIL is 0.06, 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
THY vs. TBIL - Performance Comparison
In the year-to-date period, THY achieves a 5.87% return, which is significantly higher than TBIL's 4.69% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
THY vs. TBIL - Expense Ratio Comparison
THY has a 1.36% expense ratio, which is higher than TBIL's 0.15% expense ratio.
Risk-Adjusted Performance
THY vs. TBIL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Agility Shares Dynamic Tactical Income ETF (THY) and US Treasury 3 Month Bill ETF (TBIL). 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
THY vs. TBIL - Dividend Comparison
THY's dividend yield for the trailing twelve months is around 4.69%, less than TBIL's 5.39% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
THY Agility Shares Dynamic Tactical Income ETF | 4.69% | 4.59% | 2.55% | 3.46% | 1.09% |
TBIL US Treasury 3 Month Bill ETF | 5.39% | 5.00% | 1.10% | 0.00% | 0.00% |
Drawdowns
THY vs. TBIL - Drawdown Comparison
The maximum THY drawdown since its inception was -8.56%, which is greater than TBIL's maximum drawdown of -0.10%. Use the drawdown chart below to compare losses from any high point for THY and TBIL. For additional features, visit the drawdowns tool.
Volatility
THY vs. TBIL - Volatility Comparison
Agility Shares Dynamic Tactical Income ETF (THY) has a higher volatility of 0.98% compared to US Treasury 3 Month Bill ETF (TBIL) at 0.11%. This indicates that THY's price experiences larger fluctuations and is considered to be riskier than TBIL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.