TLT vs. USD=X
TLT (iShares 20+ Year Treasury Bond ETF) is Government Bonds fund tracking the ICE U.S. Treasury 20+ Year Bond Index, while USD=X (USD Cash) is a currency. Over the past 10 years, TLT returned -1.75%/yr vs 0.00%/yr for USD=X.
Performance
TLT vs. USD=X - Performance Comparison
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Returns By Period
TLT
- 1D
- -0.24%
- 1M
- 1.54%
- YTD
- 0.27%
- 6M
- 0.45%
- 1Y
- 2.88%
- 3Y*
- -1.38%
- 5Y*
- -6.53%
- 10Y*
- -1.75%
USD=X
- 1D
- 0.00%
- 1M
- 0.00%
- YTD
- 0.00%
- 6M
- 0.00%
- 1Y
- 0.00%
- 3Y*
- 0.00%
- 5Y*
- 0.00%
- 10Y*
- 0.00%
TLT vs. USD=X - 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% |
USD=X USD Cash | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
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Return for Risk
TLT vs. USD=X — Risk / Return Rank
TLT
USD=X
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
TLT vs. USD=X - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares 20+ Year Treasury Bond ETF (TLT) and USD Cash (USD=X). 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 | USD=X | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.06 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 0.38 | — | — |
| Martin ratioReturn relative to average drawdown | 0.92 | — | — |
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Drawdowns
TLT vs. USD=X - Drawdown Comparison
The maximum TLT drawdown since its inception was -48.35%, which is greater than USD=X's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for TLT and USD=X.
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Drawdown Indicators
| TLT | USD=X | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.35% | 0.00% | -48.35% |
Max Drawdown (1Y)Largest decline over 1 year | -7.58% | 0.00% | -7.58% |
Max Drawdown (3Y)Largest decline over 3 years | -19.18% | 0.00% | -19.18% |
Max Drawdown (5Y)Largest decline over 5 years | -43.70% | 0.00% | -43.70% |
Max Drawdown (10Y)Largest decline over 10 years | -48.35% | 0.00% | -48.35% |
Current DrawdownCurrent decline from peak | -40.12% | 0.00% | -40.12% |
Average DrawdownAverage peak-to-trough decline | -13.84% | 0.00% | -13.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.14% | 0.00% | +3.14% |
Volatility
TLT vs. USD=X - Volatility Comparison
iShares 20+ Year Treasury Bond ETF (TLT) has a higher volatility of 2.83% compared to USD Cash (USD=X) at 0.00%. This indicates that TLT's price experiences larger fluctuations and is considered to be riskier than USD=X based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TLT | USD=X | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.83% | 0.00% | +2.83% |
Volatility (6M)Calculated over the trailing 6-month period | 6.64% | 0.00% | +6.64% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.68% | 0.00% | +9.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.85% | 0.00% | +15.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.91% | 0.00% | +14.91% |
Frequently Asked Questions
TLT has higher volatility (2.83%) compared to USD=X (0.00%). In terms of maximum drawdown, TLT dropped -48.35% vs USD=X's 0.00%.
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