TLT vs. NFLX
TLT (iShares 20+ Year Treasury Bond ETF) is Government Bonds fund tracking the ICE U.S. Treasury 20+ Year Bond Index, while NFLX (Netflix, Inc.) is a stock. Over the past 10 years, TLT returned -1.85%/yr vs 24.31%/yr for NFLX. At a correlation of -0.09, they often move in opposite directions.
Performance
TLT vs. NFLX - Performance Comparison
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Returns By Period
In the year-to-date period, TLT achieves a -1.08% return, which is significantly higher than NFLX's -11.86% return. Over the past 10 years, TLT has underperformed NFLX with an annualized return of -1.85%, while NFLX has yielded a comparatively higher 24.31% annualized return.
TLT
- 1D
- -0.52%
- 1M
- -1.31%
- YTD
- -1.08%
- 6M
- -1.51%
- 1Y
- 3.67%
- 3Y*
- -2.05%
- 5Y*
- -6.70%
- 10Y*
- -1.85%
NFLX
- 1D
- 0.56%
- 1M
- -5.54%
- YTD
- -11.86%
- 6M
- -14.62%
- 1Y
- -33.43%
- 3Y*
- 25.31%
- 5Y*
- 11.21%
- 10Y*
- 24.31%
TLT vs. NFLX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TLT iShares 20+ Year Treasury Bond ETF | -1.08% | 4.25% | -8.05% | 2.77% | -31.23% | -4.60% | 18.15% | 14.12% | -1.61% | 9.18% |
NFLX Netflix, Inc. | -11.86% | 5.19% | 83.07% | 65.11% | -51.05% | 11.41% | 67.11% | 20.89% | 39.44% | 55.06% |
Correlation
The correlation between TLT and NFLX is -0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.06 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.03 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.07 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.01 |
Correlation (All Time) Calculated using the full available price history since Jul 29, 2002 | -0.09 |
The correlation between TLT and NFLX shifts across timeframes, from -0.09 (all time) to 0.07 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
TLT vs. NFLX — Risk / Return Rank
TLT
NFLX
TLT vs. NFLX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares 20+ Year Treasury Bond ETF (TLT) and Netflix, Inc. (NFLX). 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.
| TLT | NFLX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.40 | ||
| Sortino ratioReturn per unit of downside risk | +2.05 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 0.82 | +0.25 |
| Calmar ratioReturn relative to maximum drawdown | 0.49 | -0.77 | +1.26 |
| Martin ratioReturn relative to average drawdown | 1.19 | -1.36 | +2.55 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| TLT | NFLX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.38 | -1.01 | +1.40 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.42 | 0.26 | -0.69 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.12 | 0.59 | -0.71 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.25 | 0.58 | -0.32 |
Drawdowns
TLT vs. NFLX - Drawdown Comparison
The maximum TLT drawdown since its inception was -48.35%, smaller than the maximum NFLX drawdown of -81.99%. Use the drawdown chart below to compare losses from any high point for TLT and NFLX.
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Drawdown Indicators
| TLT | NFLX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.35% | -81.99% | +33.64% |
Max Drawdown (1Y)Largest decline over 1 year | -7.58% | -43.35% | +35.77% |
Max Drawdown (3Y)Largest decline over 3 years | -19.18% | -43.35% | +24.17% |
Max Drawdown (5Y)Largest decline over 5 years | -43.70% | -75.95% | +32.25% |
Max Drawdown (10Y)Largest decline over 10 years | -48.35% | -75.95% | +27.60% |
Current DrawdownCurrent decline from peak | -40.92% | -38.29% | -2.63% |
Average DrawdownAverage peak-to-trough decline | -13.83% | -24.90% | +11.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.08% | 24.70% | -21.62% |
Volatility
TLT vs. NFLX - Volatility Comparison
The current volatility for iShares 20+ Year Treasury Bond ETF (TLT) is 2.65%, while Netflix, Inc. (NFLX) has a volatility of 6.64%. This indicates that TLT experiences smaller price fluctuations and is considered to be less risky than NFLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TLT | NFLX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.65% | 6.64% | -3.99% |
Volatility (6M)Calculated over the trailing 6-month period | 6.51% | 25.22% | -18.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.60% | 33.15% | -23.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.85% | 43.10% | -27.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.91% | 41.52% | -26.61% |
Dividends
TLT vs. NFLX - Dividend Comparison
TLT's dividend yield for the trailing twelve months is around 4.63%, while NFLX has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NFLX Netflix, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TLT iShares 20+ Year Treasury Bond ETF | 4.63% | 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 NFLX have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NFLX has higher volatility (6.64%) compared to TLT (2.65%). In terms of maximum drawdown, TLT dropped -48.35% vs NFLX's -81.99%.
TLT currently has the higher Sharpe Ratio (0.38 vs -1.01), 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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