U03A.L vs. MINT.L
U03A.L (iShares USD Treasury Bond 0-3 Month UCITS ETF USD (Acc)) and MINT.L (PIMCO US Dollar Short Maturity UCITS ETF USD (Dist)) are both Ultrashort Bond funds. U03A.L is passively managed, while MINT.L is actively managed. Over the past year, U03A.L returned 3.93% vs 4.52% for MINT.L. At a 0.08 correlation, their price movements are largely independent. U03A.L charges 0.07%/yr vs 0.35%/yr for MINT.L.
Performance
U03A.L vs. MINT.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, U03A.L achieves a 1.98% return, which is significantly lower than MINT.L's 2.37% return.
U03A.L
- 1D
- 0.00%
- 1M
- 0.34%
- 6M
- 1.85%
- YTD
- 1.98%
- 1Y
- 3.93%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
MINT.L
- 1D
- -0.03%
- 1M
- 0.35%
- 6M
- 2.11%
- YTD
- 2.37%
- 1Y
- 4.52%
- 3Y*
- 5.21%
- 5Y*
- 3.48%
- 10Y*
- 2.65%
U03A.L vs. MINT.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
U03A.L iShares USD Treasury Bond 0-3 Month UCITS ETF USD (Acc) | 1.98% | 3.60% |
MINT.L PIMCO US Dollar Short Maturity UCITS ETF USD (Dist) | 2.37% | 3.82% |
Correlation
The correlation between U03A.L and MINT.L is 0.10, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.10 |
Correlation (All Time) Calculated using the full available price history since Mar 3, 2025 | 0.08 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
U03A.L vs. MINT.L — Risk / Return Rank
U03A.L
MINT.L
U03A.L vs. MINT.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares USD Treasury Bond 0-3 Month UCITS ETF USD (Acc) (U03A.L) and PIMCO US Dollar Short Maturity UCITS ETF USD (Dist) (MINT.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| U03A.L | MINT.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.59 | ||
| Sortino ratioReturn per unit of downside risk | +1.20 | ||
| Omega ratioGain probability vs. loss probability | 4.68 | 3.53 | +1.14 |
| Calmar ratioReturn relative to maximum drawdown | 34.25 | 45.23 | -10.98 |
| Martin ratioReturn relative to average drawdown | 242.33 | 230.58 | +11.76 |
Loading charts...
Drawdowns
U03A.L vs. MINT.L - Drawdown Comparison
The maximum U03A.L drawdown since its inception was -0.11%, smaller than the maximum MINT.L drawdown of -3.89%. Use the drawdown chart below to compare losses from any high point for U03A.L and MINT.L.
Loading charts...
Drawdown Indicators
| U03A.L | MINT.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -0.11% | -3.89% | +3.78% |
Max Drawdown (1Y)Largest decline over 1 year | -0.11% | -0.10% | -0.01% |
Max Drawdown (3Y)Largest decline over 3 years | — | -0.62% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -2.47% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -3.89% | — |
Current DrawdownCurrent decline from peak | 0.00% | -0.03% | +0.03% |
Average DrawdownAverage peak-to-trough decline | -0.01% | -0.23% | +0.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.02% | 0.02% | 0.00% |
Volatility
U03A.L vs. MINT.L - Volatility Comparison
iShares USD Treasury Bond 0-3 Month UCITS ETF USD (Acc) (U03A.L) has a higher volatility of 0.19% compared to PIMCO US Dollar Short Maturity UCITS ETF USD (Dist) (MINT.L) at 0.14%. This indicates that U03A.L's price experiences larger fluctuations and is considered to be riskier than MINT.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| U03A.L | MINT.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.19% | 0.14% | +0.05% |
Volatility (6M)Calculated over the trailing 6-month period | 0.28% | 0.36% | -0.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 0.47% | 0.58% | -0.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 0.51% | 0.76% | -0.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 0.51% | 0.95% | -0.44% |
U03A.L vs. MINT.L - Expense Ratio Comparison
U03A.L has a 0.07% expense ratio, which is lower than MINT.L's 0.35% expense ratio.
Dividends
U03A.L vs. MINT.L - Dividend Comparison
U03A.L has not paid dividends to shareholders, while MINT.L's dividend yield for the trailing twelve months is around 4.01%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MINT.L PIMCO US Dollar Short Maturity UCITS ETF USD (Dist) | 4.01% | 4.43% | 5.18% | 4.81% | 1.51% | 0.34% | 1.17% | 2.63% | 2.33% | 1.56% | 1.31% | 0.79% |
U03A.L iShares USD Treasury Bond 0-3 Month UCITS ETF USD (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
U03A.L and MINT.L have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, U03A.L is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
U03A.L is cheaper with a 0.07% expense ratio, compared with 0.35% for MINT.L.
They also come from different issuers: iShares and PIMCO. Their fees differ too: 0.07% for U03A.L and 0.35% for MINT.L.
Find the right allocation for U03A.L and MINT.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer