TLT vs. DIS
TLT (iShares 20+ Year Treasury Bond ETF) is Government Bonds fund tracking the ICE U.S. Treasury 20+ Year Bond Index, while DIS (The Walt Disney Company) is a stock. Over the past 10 years, TLT returned -1.75%/yr vs 0.99%/yr for DIS. At a correlation of -0.21, they often move in opposite directions.
Performance
TLT vs. DIS - Performance Comparison
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Returns By Period
In the year-to-date period, TLT achieves a 0.27% return, which is significantly higher than DIS's -12.07% return. Over the past 10 years, TLT has underperformed DIS with an annualized return of -1.75%, while DIS has yielded a comparatively higher 0.99% annualized return.
TLT
- 1D
- -0.24%
- 1M
- 2.93%
- YTD
- 0.27%
- 6M
- 0.45%
- 1Y
- 3.88%
- 3Y*
- -1.38%
- 5Y*
- -6.53%
- 10Y*
- -1.75%
DIS
- 1D
- -0.30%
- 1M
- -2.61%
- YTD
- -12.07%
- 6M
- -9.75%
- 1Y
- -14.24%
- 3Y*
- 2.95%
- 5Y*
- -10.41%
- 10Y*
- 0.99%
TLT vs. DIS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TLT iShares 20+ Year Treasury Bond ETF | 0.27% | 4.25% | -8.05% | 2.77% | -31.23% | -4.60% | 18.15% | 14.12% | -1.61% | 9.18% |
DIS The Walt Disney Company | -12.07% | 3.30% | 24.44% | 4.26% | -43.91% | -14.51% | 25.27% | 33.51% | 3.61% | 4.76% |
Correlation
The correlation between TLT and DIS is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.21 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.05 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.06 |
Correlation (All Time) Calculated using the full available price history since Jul 26, 2002 | -0.21 |
The correlation between TLT and DIS shifts across timeframes, from -0.21 (all time) to 0.21 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
TLT vs. DIS — Risk / Return Rank
TLT
DIS
TLT vs. DIS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares 20+ Year Treasury Bond ETF (TLT) and The Walt Disney Company (DIS). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| TLT | DIS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.91 | ||
| Sortino ratioReturn per unit of downside risk | +1.24 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 0.91 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | 0.38 | -0.59 | +0.97 |
| Martin ratioReturn relative to average drawdown | 0.92 | -1.18 | +2.11 |
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Drawdowns
TLT vs. DIS - Drawdown Comparison
The maximum TLT drawdown since its inception was -48.35%, smaller than the maximum DIS drawdown of -85.66%. Use the drawdown chart below to compare losses from any high point for TLT and DIS.
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Drawdown Indicators
| TLT | DIS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.35% | -85.66% | +37.31% |
Max Drawdown (1Y)Largest decline over 1 year | -7.58% | -24.97% | +17.39% |
Max Drawdown (3Y)Largest decline over 3 years | -19.18% | -32.86% | +13.68% |
Max Drawdown (5Y)Largest decline over 5 years | -43.70% | -57.33% | +13.63% |
Max Drawdown (10Y)Largest decline over 10 years | -48.35% | -60.72% | +12.37% |
Current DrawdownCurrent decline from peak | -40.12% | -49.29% | +9.17% |
Average DrawdownAverage peak-to-trough decline | -13.84% | -26.78% | +12.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.14% | 12.47% | -9.33% |
Volatility
TLT vs. DIS - Volatility Comparison
The current volatility for iShares 20+ Year Treasury Bond ETF (TLT) is 2.83%, while The Walt Disney Company (DIS) has a volatility of 5.56%. This indicates that TLT experiences smaller price fluctuations and is considered to be less risky than DIS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TLT | DIS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.83% | 5.56% | -2.73% |
Volatility (6M)Calculated over the trailing 6-month period | 6.64% | 19.26% | -12.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.68% | 24.15% | -14.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.85% | 29.33% | -13.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.91% | 28.77% | -13.86% |
Dividends
TLT vs. DIS - Dividend Comparison
TLT's dividend yield for the trailing twelve months is around 4.56%, more than DIS's 1.25% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DIS The Walt Disney Company | 1.25% | 1.10% | 0.85% | 0.33% | 0.00% | 0.00% | 0.00% | 1.22% | 1.57% | 1.51% | 1.43% | 1.30% |
TLT iShares 20+ Year Treasury Bond ETF | 4.56% | 4.43% | 4.30% | 3.38% | 2.67% | 1.50% | 1.50% | 2.27% | 2.63% | 2.43% | 2.60% | 2.61% |
Frequently Asked Questions
TLT and DIS have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DIS has higher volatility (5.56%) compared to TLT (2.83%). In terms of maximum drawdown, TLT dropped -48.35% vs DIS's -85.66%.
TLT currently has the higher Sharpe Ratio (0.30 vs -0.61), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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