TR3G.L vs. IBTU.L
Compare and contrast key facts about Invesco US Treasury Bond 1-3 Year UCITS ETF A (TR3G.L) and iShares USD Treasury Bond 0-1yr UCITS ETF USD (Dist) (IBTU.L).
TR3G.L and IBTU.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TR3G.L is a passively managed fund by Invesco that tracks the performance of the Bloomberg US Government TR USD. It was launched on Jan 11, 2019. IBTU.L is a passively managed fund by iShares that tracks the performance of the Bloomberg US Government TR USD. It was launched on Feb 20, 2019. Both TR3G.L and IBTU.L 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: TR3G.L or IBTU.L.
Correlation
The correlation between TR3G.L and IBTU.L is 0.08, 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.
Performance
TR3G.L vs. IBTU.L - Performance Comparison
Key characteristics
TR3G.L:
0.78
IBTU.L:
10.45
TR3G.L:
1.22
IBTU.L:
23.62
TR3G.L:
1.14
IBTU.L:
5.61
TR3G.L:
0.40
IBTU.L:
49.39
TR3G.L:
2.71
IBTU.L:
306.43
TR3G.L:
1.81%
IBTU.L:
0.02%
TR3G.L:
6.24%
IBTU.L:
0.49%
TR3G.L:
-18.79%
IBTU.L:
-0.62%
TR3G.L:
-6.58%
IBTU.L:
0.00%
Returns By Period
In the year-to-date period, TR3G.L achieves a -0.18% return, which is significantly lower than IBTU.L's 0.60% return.
TR3G.L
-0.18%
-2.09%
5.11%
4.69%
1.87%
N/A
IBTU.L
0.60%
0.40%
2.39%
5.16%
2.49%
N/A
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TR3G.L vs. IBTU.L - Expense Ratio Comparison
TR3G.L has a 0.06% expense ratio, which is lower than IBTU.L's 0.07% expense ratio. Despite the difference, 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
TR3G.L vs. IBTU.L — Risk-Adjusted Performance Rank
TR3G.L
IBTU.L
TR3G.L vs. IBTU.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco US Treasury Bond 1-3 Year UCITS ETF A (TR3G.L) and iShares USD Treasury Bond 0-1yr UCITS ETF USD (Dist) (IBTU.L). 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
TR3G.L vs. IBTU.L - Dividend Comparison
TR3G.L's dividend yield for the trailing twelve months is around 4.32%, less than IBTU.L's 6.78% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
TR3G.L Invesco US Treasury Bond 1-3 Year UCITS ETF A | 4.32% | 4.31% | 4.18% | 1.99% | 0.31% | 1.28% | 1.70% |
IBTU.L iShares USD Treasury Bond 0-1yr UCITS ETF USD (Dist) | 6.78% | 6.82% | 3.99% | 0.44% | 0.10% | 1.28% | 1.21% |
Drawdowns
TR3G.L vs. IBTU.L - Drawdown Comparison
The maximum TR3G.L drawdown since its inception was -18.79%, which is greater than IBTU.L's maximum drawdown of -0.62%. Use the drawdown chart below to compare losses from any high point for TR3G.L and IBTU.L. For additional features, visit the drawdowns tool.
Volatility
TR3G.L vs. IBTU.L - Volatility Comparison
Invesco US Treasury Bond 1-3 Year UCITS ETF A (TR3G.L) has a higher volatility of 1.15% compared to iShares USD Treasury Bond 0-1yr UCITS ETF USD (Dist) (IBTU.L) at 0.11%. This indicates that TR3G.L's price experiences larger fluctuations and is considered to be riskier than IBTU.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.