TSY3.L vs. IBTU.L
Compare and contrast key facts about SPDR Bloomberg 1-3 Year US Treasury Bond UCITS ETF (TSY3.L) and iShares USD Treasury Bond 0-1yr UCITS ETF USD (Dist) (IBTU.L).
TSY3.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. TSY3.L is a passively managed fund by State Street that tracks the performance of the Bloomberg US Government TR USD. It was launched on Aug 27, 2013. 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 TSY3.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: TSY3.L or IBTU.L.
Correlation
The correlation between TSY3.L and IBTU.L is 0.07, 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
TSY3.L vs. IBTU.L - Performance Comparison
Key characteristics
TSY3.L:
0.79
IBTU.L:
10.45
TSY3.L:
1.23
IBTU.L:
23.62
TSY3.L:
1.14
IBTU.L:
5.61
TSY3.L:
0.39
IBTU.L:
49.39
TSY3.L:
2.67
IBTU.L:
306.43
TSY3.L:
1.82%
IBTU.L:
0.02%
TSY3.L:
6.17%
IBTU.L:
0.49%
TSY3.L:
-18.75%
IBTU.L:
-0.62%
TSY3.L:
-6.67%
IBTU.L:
0.00%
Returns By Period
In the year-to-date period, TSY3.L achieves a -0.18% return, which is significantly lower than IBTU.L's 0.60% return.
TSY3.L
-0.18%
-2.10%
5.13%
4.67%
24.58%
18.24%
IBTU.L
0.60%
0.40%
2.39%
5.16%
2.49%
N/A
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TSY3.L vs. IBTU.L - Expense Ratio Comparison
TSY3.L has a 0.15% expense ratio, which is higher than IBTU.L'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
TSY3.L vs. IBTU.L — Risk-Adjusted Performance Rank
TSY3.L
IBTU.L
TSY3.L vs. IBTU.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Bloomberg 1-3 Year US Treasury Bond UCITS ETF (TSY3.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
TSY3.L vs. IBTU.L - Dividend Comparison
TSY3.L's dividend yield for the trailing twelve months is around 4.30%, less than IBTU.L's 6.78% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TSY3.L SPDR Bloomberg 1-3 Year US Treasury Bond UCITS ETF | 4.30% | 4.07% | 3.02% | 60.48% | 18.08% | 1.84% | 2.14% | 1.31% | 1.04% | 0.63% | 27.78% | 17.53% |
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% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
TSY3.L vs. IBTU.L - Drawdown Comparison
The maximum TSY3.L drawdown since its inception was -18.75%, 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 TSY3.L and IBTU.L. For additional features, visit the drawdowns tool.
Volatility
TSY3.L vs. IBTU.L - Volatility Comparison
SPDR Bloomberg 1-3 Year US Treasury Bond UCITS ETF (TSY3.L) has a higher volatility of 1.10% compared to iShares USD Treasury Bond 0-1yr UCITS ETF USD (Dist) (IBTU.L) at 0.11%. This indicates that TSY3.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.