USD=X vs. IBTL
USD=X (USD Cash) is a currency, while IBTL (iShares iBonds Dec 2031 Term Treasury ETF) is Government Bonds fund tracking the ICE 2031 Maturity US Treasury Index. Over the past 3 years, USD=X returned 0.00%/yr vs 3.19%/yr for IBTL.
Performance
USD=X vs. IBTL - Performance Comparison
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Returns By Period
USD=X
- 1D
- 0.00%
- 1M
- 0.00%
- YTD
- 0.00%
- 6M
- 0.00%
- 1Y
- 0.00%
- 3Y*
- 0.00%
- 5Y*
- 0.00%
- 10Y*
- 0.00%
IBTL
- 1D
- -0.15%
- 1M
- 0.59%
- YTD
- -0.37%
- 6M
- -0.06%
- 1Y
- 3.51%
- 3Y*
- 3.19%
- 5Y*
- —
- 10Y*
- —
USD=X vs. IBTL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
USD=X USD Cash | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IBTL iShares iBonds Dec 2031 Term Treasury ETF | -0.37% | 7.85% | 0.36% | 3.60% | -15.60% | -1.22% |
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Return for Risk
USD=X vs. IBTL — Risk / Return Rank
USD=X
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
IBTL
USD=X vs. IBTL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for USD Cash (USD=X) and iShares iBonds Dec 2031 Term Treasury ETF (IBTL). 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.
| USD=X | IBTL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.16 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.16 | — |
| Martin ratioReturn relative to average drawdown | — | 3.19 | — |
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Drawdowns
USD=X vs. IBTL - Drawdown Comparison
The maximum USD=X drawdown since its inception was 0.00%, smaller than the maximum IBTL drawdown of -20.93%. Use the drawdown chart below to compare losses from any high point for USD=X and IBTL.
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Drawdown Indicators
| USD=X | IBTL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | 0.00% | -20.93% | +20.93% |
Max Drawdown (1Y)Largest decline over 1 year | 0.00% | -2.83% | +2.83% |
Max Drawdown (3Y)Largest decline over 3 years | 0.00% | -7.38% | +7.38% |
Max Drawdown (5Y)Largest decline over 5 years | 0.00% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | 0.00% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | -7.16% | +7.16% |
Average DrawdownAverage peak-to-trough decline | 0.00% | -11.43% | +11.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.00% | 1.03% | -1.03% |
Volatility
USD=X vs. IBTL - Volatility Comparison
The current volatility for USD Cash (USD=X) is 0.00%, while iShares iBonds Dec 2031 Term Treasury ETF (IBTL) has a volatility of 1.11%. This indicates that USD=X experiences smaller price fluctuations and is considered to be less risky than IBTL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| USD=X | IBTL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.00% | 1.11% | -1.11% |
Volatility (6M)Calculated over the trailing 6-month period | 0.00% | 2.41% | -2.41% |
Volatility (1Y)Calculated over the trailing 1-year period | 0.00% | 3.50% | -3.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 0.00% | 7.44% | -7.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 0.00% | 7.44% | -7.44% |
Frequently Asked Questions
IBTL has higher volatility (1.11%) compared to USD=X (0.00%). In terms of maximum drawdown, USD=X dropped 0.00% vs IBTL's -20.93%.
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