TPSA.AS vs. OM3M.DE
Compare and contrast key facts about iShares $ TIPS UCITS ETF USD (Acc) (TPSA.AS) and iShares USD Treasury Bond 3-7 UCITS ETF USD Dist (OM3M.DE).
TPSA.AS and OM3M.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TPSA.AS is a passively managed fund by iShares that tracks the performance of the Bloomberg Gbl Infl Linked US TIPS TR USD. It was launched on Dec 8, 2006. OM3M.DE is a passively managed fund by iShares that tracks the performance of the ICE US Treasury 3-7 Year. It was launched on Jul 10, 2018. Both TPSA.AS and OM3M.DE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TPSA.AS or OM3M.DE.
Key characteristics
| TPSA.AS | OM3M.DE | |
|---|---|---|
| YTD Return | 3.97% | -0.32% |
| 1Y Return | 4.12% | -0.74% |
| 3Y Return (Ann) | 0.68% | -1.71% |
| 5Y Return (Ann) | 1.97% | -1.77% |
| Sharpe Ratio | 0.68 | -0.11 |
| Daily Std Dev | 5.76% | 6.10% |
| Max Drawdown | -19.97% | -17.16% |
| Current Drawdown | -8.98% | -15.22% |
Correlation
The correlation between TPSA.AS and OM3M.DE is 0.70, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
TPSA.AS vs. OM3M.DE - Performance Comparison
In the year-to-date period, TPSA.AS achieves a 3.97% return, which is significantly higher than OM3M.DE's -0.32% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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TPSA.AS vs. OM3M.DE - Expense Ratio Comparison
TPSA.AS has a 0.12% expense ratio, which is higher than OM3M.DE's 0.07% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
TPSA.AS vs. OM3M.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares $ TIPS UCITS ETF USD (Acc) (TPSA.AS) and iShares USD Treasury Bond 3-7 UCITS ETF USD Dist (OM3M.DE). 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.
Dividends
TPSA.AS vs. OM3M.DE - Dividend Comparison
Neither TPSA.AS nor OM3M.DE has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
TPSA.AS iShares $ TIPS UCITS ETF USD (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
OM3M.DE iShares USD Treasury Bond 3-7 UCITS ETF USD Dist | 0.00% | 0.00% | 0.00% | 0.00% | 1.18% | 2.33% |
Drawdowns
TPSA.AS vs. OM3M.DE - Drawdown Comparison
The maximum TPSA.AS drawdown since its inception was -19.97%, which is greater than OM3M.DE's maximum drawdown of -17.16%. Use the drawdown chart below to compare losses from any high point for TPSA.AS and OM3M.DE. For additional features, visit the drawdowns tool.
Volatility
TPSA.AS vs. OM3M.DE - Volatility Comparison
iShares $ TIPS UCITS ETF USD (Acc) (TPSA.AS) has a higher volatility of 1.46% compared to iShares USD Treasury Bond 3-7 UCITS ETF USD Dist (OM3M.DE) at 1.32%. This indicates that TPSA.AS's price experiences larger fluctuations and is considered to be riskier than OM3M.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.