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TLTW vs. SWPPX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between TLTW and SWPPX is 0.17, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.00.2

Performance

TLTW vs. SWPPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (TLTW) and Schwab S&P 500 Index Fund (SWPPX). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
-2.56%
8.63%
TLTW
SWPPX

Key characteristics

Sharpe Ratio

TLTW:

-0.19

SWPPX:

2.07

Sortino Ratio

TLTW:

-0.18

SWPPX:

2.77

Omega Ratio

TLTW:

0.98

SWPPX:

1.39

Calmar Ratio

TLTW:

-0.11

SWPPX:

3.08

Martin Ratio

TLTW:

-0.49

SWPPX:

13.27

Ulcer Index

TLTW:

4.09%

SWPPX:

1.96%

Daily Std Dev

TLTW:

10.73%

SWPPX:

12.59%

Max Drawdown

TLTW:

-18.59%

SWPPX:

-55.06%

Current Drawdown

TLTW:

-13.22%

SWPPX:

-3.02%

Returns By Period

In the year-to-date period, TLTW achieves a -2.27% return, which is significantly lower than SWPPX's 25.40% return.


TLTW

YTD

-2.27%

1M

-1.86%

6M

-2.41%

1Y

-1.88%

5Y*

N/A

10Y*

N/A

SWPPX

YTD

25.40%

1M

-0.99%

6M

9.05%

1Y

25.83%

5Y*

14.67%

10Y*

12.96%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


TLTW vs. SWPPX - Expense Ratio Comparison

TLTW has a 0.35% expense ratio, which is higher than SWPPX's 0.02% expense ratio.


TLTW
iShares 20+ Year Treasury Bond BuyWrite Strategy ETF
Expense ratio chart for TLTW: current value at 0.35% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.35%
Expense ratio chart for SWPPX: current value at 0.02% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.02%

Risk-Adjusted Performance

TLTW vs. SWPPX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (TLTW) and Schwab S&P 500 Index Fund (SWPPX). 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.


Sharpe ratio
The chart of Sharpe ratio for TLTW, currently valued at -0.19, compared to the broader market0.002.004.00-0.192.07
The chart of Sortino ratio for TLTW, currently valued at -0.18, compared to the broader market-2.000.002.004.006.008.0010.00-0.182.77
The chart of Omega ratio for TLTW, currently valued at 0.98, compared to the broader market0.501.001.502.002.503.000.981.39
The chart of Calmar ratio for TLTW, currently valued at -0.11, compared to the broader market0.005.0010.0015.00-0.113.08
The chart of Martin ratio for TLTW, currently valued at -0.49, compared to the broader market0.0020.0040.0060.0080.00100.00-0.4913.27
TLTW
SWPPX

The current TLTW Sharpe Ratio is -0.19, which is lower than the SWPPX Sharpe Ratio of 2.07. The chart below compares the historical Sharpe Ratios of TLTW and SWPPX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
-0.19
2.07
TLTW
SWPPX

Dividends

TLTW vs. SWPPX - Dividend Comparison

TLTW's dividend yield for the trailing twelve months is around 14.49%, while SWPPX has not paid dividends to shareholders.


TTM20232022202120202019201820172016201520142013
TLTW
iShares 20+ Year Treasury Bond BuyWrite Strategy ETF
14.49%19.59%8.71%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
SWPPX
Schwab S&P 500 Index Fund
0.00%1.43%1.67%1.17%1.81%1.77%2.20%1.75%1.99%2.15%1.80%1.67%

Drawdowns

TLTW vs. SWPPX - Drawdown Comparison

The maximum TLTW drawdown since its inception was -18.59%, smaller than the maximum SWPPX drawdown of -55.06%. Use the drawdown chart below to compare losses from any high point for TLTW and SWPPX. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-13.22%
-3.02%
TLTW
SWPPX

Volatility

TLTW vs. SWPPX - Volatility Comparison

The current volatility for iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (TLTW) is 2.94%, while Schwab S&P 500 Index Fund (SWPPX) has a volatility of 4.00%. This indicates that TLTW experiences smaller price fluctuations and is considered to be less risky than SWPPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%JulyAugustSeptemberOctoberNovemberDecember
2.94%
4.00%
TLTW
SWPPX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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