TLH vs. ^IDCOT10TR

Last updated Apr 2, 2026

Compare and contrast key facts about iShares 10-20 Year Treasury Bond ETF (TLH) and ICE U.S. Treasury 10-20 Year TR Index (^IDCOT10TR).

TLH is a passively managed fund by iShares that tracks the performance of the ICE U.S. Treasury 10-20 Year Bond Index. It was launched on Jan 11, 2007.

Performance

TLH vs. ^IDCOT10TR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares 10-20 Year Treasury Bond ETF (TLH) and ICE U.S. Treasury 10-20 Year TR Index (^IDCOT10TR). The values are adjusted to include any dividend payments, if applicable.

TLH vs. ^IDCOT10TR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TLH iShares 10-20 Year Treasury Bond ETF	-0.33%	6.47%	-4.21%	4.03%	-25.24%	-5.38%	13.78%	10.11%	0.37%	4.21%
^IDCOT10TR ICE U.S. Treasury 10-20 Year TR Index	-0.80%	6.86%	-3.72%	3.30%	-24.68%	-5.66%	13.56%	10.96%	-0.01%	4.19%

Returns By Period

In the year-to-date period, TLH achieves a -0.33% return, which is significantly higher than ^IDCOT10TR's -0.80% return. Over the past 10 years, TLH has underperformed ^IDCOT10TR with an annualized return of -0.68%, while ^IDCOT10TR has yielded a comparatively higher -0.60% annualized return.

TLH

• 1D: -0.09%
• 1M: -3.03%
• YTD: -0.33%
• 6M: -0.51%
• 1Y: 0.57%
• 3Y*: -0.23%
• 5Y*: -3.47%
• 10Y*: -0.68%

^IDCOT10TR

• 1D: -0.01%
• 1M: -3.82%
• YTD: -0.80%
• 6M: -0.44%
• 1Y: 0.71%
• 3Y*: -0.02%
• 5Y*: -3.15%
• 10Y*: -0.60%

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

Return for Risk

TLH vs. ^IDCOT10TR — Risk / Return Rank

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

TLH

TLH Risk / Return Rank: 13
TLH Sharpe Ratio Rank: 13
TLH Sortino Ratio Rank: 11
TLH Omega Ratio Rank: 11
TLH Calmar Ratio Rank: 15
TLH Martin Ratio Rank: 14

^IDCOT10TR

^IDCOT10TR Risk / Return Rank: 17
^IDCOT10TR Sharpe Ratio Rank: 16
^IDCOT10TR Sortino Ratio Rank: 14
^IDCOT10TR Omega Ratio Rank: 14
^IDCOT10TR Calmar Ratio Rank: 20
^IDCOT10TR Martin Ratio Rank: 21

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.

TLH vs. ^IDCOT10TR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares 10-20 Year Treasury Bond ETF (TLH) and ICE U.S. Treasury 10-20 Year TR Index (^IDCOT10TR). 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.

	TLH	^IDCOT10TR	Difference
Sharpe ratio Return per unit of total volatility	0.06	0.08	-0.01
Sortino ratio Return per unit of downside risk	0.15	0.16	-0.02
Omega ratio Gain probability vs. loss probability	1.02	1.02	0.00
Calmar ratio Return relative to maximum drawdown	0.16	0.18	-0.02
Martin ratio Return relative to average drawdown	0.37	0.41	-0.04
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TLH vs. ^IDCOT10TR - Sharpe Ratio Comparison

The current TLH Sharpe Ratio is 0.06, which is comparable to the ^IDCOT10TR Sharpe Ratio of 0.08. The chart below compares the historical Sharpe Ratios of TLH and ^IDCOT10TR, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	TLH	^IDCOT10TR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.06	0.08	-0.01
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.27	-0.25	-0.03
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.06	-0.05	-0.01
Sharpe Ratio (All Time) Calculated using the full available price history	0.28	0.30	-0.02

Correlation

The correlation between TLH and ^IDCOT10TR is 0.89, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Drawdowns

TLH vs. ^IDCOT10TR - Drawdown Comparison

The maximum TLH drawdown since its inception was -41.14%, roughly equal to the maximum ^IDCOT10TR drawdown of -41.24%. Use the drawdown chart below to compare losses from any high point for TLH and ^IDCOT10TR.

Drawdown Indicators

	TLH	^IDCOT10TR	Difference
Max Drawdown Largest peak-to-trough decline	-41.14%	-41.24%	+0.10%
Max Drawdown (1Y) Largest decline over 1 year	-7.57%	-7.53%	-0.04%
Max Drawdown (5Y) Largest decline over 5 years	-35.41%	-35.44%	+0.03%
Max Drawdown (10Y) Largest decline over 10 years	-41.14%	-41.24%	+0.10%
Current Drawdown Current decline from peak	-29.69%	-29.59%	-0.10%
Average Drawdown Average peak-to-trough decline	-10.59%	-10.18%	-0.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.31%	3.25%	+0.06%

Volatility

TLH vs. ^IDCOT10TR - Volatility Comparison

The current volatility for iShares 10-20 Year Treasury Bond ETF (TLH) is 3.25%, while ICE U.S. Treasury 10-20 Year TR Index (^IDCOT10TR) has a volatility of 3.44%. This indicates that TLH experiences smaller price fluctuations and is considered to be less risky than ^IDCOT10TR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TLH	^IDCOT10TR	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.25%	3.44%	-0.19%
Volatility (6M) Calculated over the trailing 6-month period	5.40%	5.52%	-0.12%
Volatility (1Y) Calculated over the trailing 1-year period	9.28%	9.35%	-0.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.69%	12.71%	-0.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.19%	10.93%	+0.26%