TRP vs. TLT
Compare and contrast key facts about TC Energy Corporation (TRP) and iShares 20+ Year Treasury Bond ETF (TLT).
TLT is a passively managed fund by iShares that tracks the performance of the Barclays Capital U.S. 20+ Year Treasury Bond Index. It was launched on Jul 26, 2002.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TRP or TLT.
Correlation
The correlation between TRP and TLT is -0.12. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
TRP vs. TLT - Performance Comparison
Key characteristics
TRP:
2.11
TLT:
-0.51
TRP:
2.88
TLT:
-0.62
TRP:
1.36
TLT:
0.93
TRP:
1.26
TLT:
-0.17
TRP:
8.97
TLT:
-1.08
TRP:
4.14%
TLT:
6.74%
TRP:
17.58%
TLT:
14.30%
TRP:
-54.94%
TLT:
-48.35%
TRP:
-9.66%
TLT:
-41.84%
Returns By Period
In the year-to-date period, TRP achieves a 34.79% return, which is significantly higher than TLT's -6.66% return. Over the past 10 years, TRP has outperformed TLT with an annualized return of 7.53%, while TLT has yielded a comparatively lower -0.98% annualized return.
TRP
34.79%
-8.93%
35.42%
37.14%
6.55%
7.53%
TLT
-6.66%
-1.53%
-3.39%
-7.29%
-5.93%
-0.98%
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Risk-Adjusted Performance
TRP vs. TLT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for TC Energy Corporation (TRP) and iShares 20+ Year Treasury Bond ETF (TLT). 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
TRP vs. TLT - Dividend Comparison
TRP's dividend yield for the trailing twelve months is around 6.23%, more than TLT's 4.24% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TRP TC Energy Corporation | 6.23% | 7.81% | 10.02% | 8.57% | 6.49% | 4.67% | 8.42% | 4.37% | 6.89% | 7.15% | 3.86% | 4.24% |
TLT iShares 20+ Year Treasury Bond ETF | 4.24% | 3.38% | 2.67% | 1.50% | 1.50% | 2.27% | 2.63% | 2.43% | 2.60% | 2.61% | 2.67% | 3.26% |
Drawdowns
TRP vs. TLT - Drawdown Comparison
The maximum TRP drawdown since its inception was -54.94%, which is greater than TLT's maximum drawdown of -48.35%. Use the drawdown chart below to compare losses from any high point for TRP and TLT. For additional features, visit the drawdowns tool.
Volatility
TRP vs. TLT - Volatility Comparison
TC Energy Corporation (TRP) and iShares 20+ Year Treasury Bond ETF (TLT) have volatilities of 4.63% and 4.54%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.