TIGB.L vs. BBIL.L

Last updated Jun 4, 2026

TIGB.L (Invesco US Treasury Bond 0-1 Year UCITS ETF GBP Hedged Dist) and BBIL.L (JPM BetaBuilders US Treasury Bond 0-1 yr UCITS ETF USD Acc) are both Short-Term Bond funds - TIGB.L tracks the Bloomberg US Treasury Coupons Index while BBIL.L tracks the ICE BofA 0-1Y US Treasury TR USD. Both are passively managed. Over the past 3 years, TIGB.L returned 4.45%/yr vs 1.99%/yr for BBIL.L. At a correlation of -0.12, they often move in opposite directions. Both charge a 0.10% expense ratio.

Performance

TIGB.L vs. BBIL.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Invesco US Treasury Bond 0-1 Year UCITS ETF GBP Hedged Dist (TIGB.L) and JPM BetaBuilders US Treasury Bond 0-1 yr UCITS ETF USD Acc (BBIL.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

TIGB.L is traded in GBp, while BBIL.L is traded in USD. To make them comparable, the BBIL.L values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, TIGB.L achieves a 1.32% return, which is significantly lower than BBIL.L's 1.56% return.

TIGB.L

• 1D: 0.01%
• 1M: 0.25%
• YTD: 1.32%
• 6M: 1.67%
• 1Y: 3.76%
• 3Y*: 4.45%
• 5Y*: —
• 10Y*: —

BBIL.L

• 1D: -0.03%
• 1M: 1.20%
• YTD: 1.56%
• 6M: 1.03%
• 1Y: 4.43%
• 3Y*: 1.99%
• 5Y*: 4.33%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

TIGB.L vs. BBIL.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
TIGB.L Invesco US Treasury Bond 0-1 Year UCITS ETF GBP Hedged Dist	1.32%	4.10%	4.94%	4.27%	0.03%
BBIL.L JPM BetaBuilders US Treasury Bond 0-1 yr UCITS ETF USD Acc	1.56%	-3.12%	7.00%	-0.35%	13.12%

Correlation

The correlation between TIGB.L and BBIL.L is -0.14, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.14
Correlation (3Y) Calculated over the trailing 3-year period	-0.12
Correlation (All Time) Calculated using the full available price history since Feb 7, 2022	-0.12

Return for Risk

TIGB.L vs. BBIL.L — Risk / Return Rank

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

TIGB.L

TIGB.L Risk / Return Rank: 97
TIGB.L Sharpe Ratio Rank: 95
TIGB.L Sortino Ratio Rank: 97
TIGB.L Omega Ratio Rank: 98
TIGB.L Calmar Ratio Rank: 97
TIGB.L Martin Ratio Rank: 98

BBIL.L

BBIL.L Risk / Return Rank: 99
BBIL.L Sharpe Ratio Rank: 99
BBIL.L Sortino Ratio Rank: 99
BBIL.L Omega Ratio Rank: 99
BBIL.L Calmar Ratio Rank: 99
BBIL.L Martin Ratio Rank: 99

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

TIGB.L vs. BBIL.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco US Treasury Bond 0-1 Year UCITS ETF GBP Hedged Dist (TIGB.L) and JPM BetaBuilders US Treasury Bond 0-1 yr UCITS ETF USD Acc (BBIL.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.

	TIGB.L	BBIL.L	Difference
Sharpe ratio: Return per unit of total volatility	3.85	0.70	+3.16
Sortino ratio: Return per unit of downside risk	6.01	1.03	+4.98
Omega ratio: Gain probability vs. loss probability	2.33	1.12	+1.21
Calmar ratio: Return relative to maximum drawdown	12.43	0.89	+11.53
Martin ratio: Return relative to average drawdown	73.02	2.43	+70.59
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TIGB.L vs. BBIL.L - Sharpe Ratio Comparison

The current TIGB.L Sharpe Ratio is 3.85, which is higher than the BBIL.L Sharpe Ratio of 0.70. The chart below compares the historical Sharpe Ratios of TIGB.L and BBIL.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	TIGB.L	BBIL.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.85	0.70	+3.16
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.51	—
Sharpe Ratio (All Time) Calculated using the full available price history	5.45	0.17	+5.29

Drawdowns

TIGB.L vs. BBIL.L - Drawdown Comparison

The maximum TIGB.L drawdown since its inception was -0.50%, smaller than the maximum BBIL.L drawdown of -19.25%. Use the drawdown chart below to compare losses from any high point for TIGB.L and BBIL.L.

Drawdown Indicators

	TIGB.L	BBIL.L	Difference
Max Drawdown Largest peak-to-trough decline	-0.50%	-19.25%	+18.75%
Max Drawdown (1Y) Largest decline over 1 year	-0.30%	-5.15%	+4.85%
Max Drawdown (3Y) Largest decline over 3 years	-0.30%	-9.83%	+9.53%
Max Drawdown (5Y) Largest decline over 5 years	—	-15.96%	—
Current Drawdown Current decline from peak	-0.01%	-6.49%	+6.48%
Average Drawdown Average peak-to-trough decline	-0.03%	-9.87%	+9.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.05%	1.90%	-1.85%

Volatility

TIGB.L vs. BBIL.L - Volatility Comparison

The current volatility for Invesco US Treasury Bond 0-1 Year UCITS ETF GBP Hedged Dist (TIGB.L) is 0.44%, while JPM BetaBuilders US Treasury Bond 0-1 yr UCITS ETF USD Acc (BBIL.L) has a volatility of 1.76%. This indicates that TIGB.L experiences smaller price fluctuations and is considered to be less risky than BBIL.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TIGB.L	BBIL.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.44%	1.76%	-1.32%
Volatility (6M) Calculated over the trailing 6-month period	0.70%	5.00%	-4.30%
Volatility (1Y) Calculated over the trailing 1-year period	0.97%	6.64%	-5.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.74%	8.54%	-7.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.74%	8.91%	-8.17%

TIGB.L vs. BBIL.L - Expense Ratio Comparison

Both TIGB.L and BBIL.L have an expense ratio of 0.10%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

TIGB.L vs. BBIL.L - Dividend Comparison

TIGB.L's dividend yield for the trailing twelve months is around 3.92%, while BBIL.L has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022
BBIL.L JPM BetaBuilders US Treasury Bond 0-1 yr UCITS ETF USD Acc	0.00%	0.00%	0.00%	0.00%	0.00%
TIGB.L Invesco US Treasury Bond 0-1 Year UCITS ETF GBP Hedged Dist	3.92%	4.11%	4.93%	4.53%	1.46%

Frequently Asked Questions

Can I hold both TIGB.L and BBIL.L in my portfolio?

TIGB.L and BBIL.L have a correlation of -0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TIGB.L or BBIL.L?

Both ETFs have the same 0.10% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TIGB.L or BBIL.L?

TIGB.L and BBIL.L have the same expense ratio: 0.10% per year.

What is the main difference between TIGB.L and BBIL.L?

TIGB.L tracks Bloomberg US Treasury Coupons Index, while BBIL.L tracks ICE BofA 0-1Y US Treasury TR USD. They also come from different issuers: Invesco and J.P. Morgan.