USTY.L vs. INDEX
Compare and contrast key facts about SPDR Bloomberg US Treasury Bond UCITS ETF (USTY.L) and Index Funds S&P 500 Equal Weight (INDEX).
USTY.L is a passively managed fund by State Street that tracks the performance of the Bloomberg US Government TR USD. It was launched on Jun 3, 2011. INDEX is managed by Fidelity. It was launched on Mar 9, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: USTY.L or INDEX.
Key characteristics
| USTY.L | INDEX | |
|---|---|---|
| YTD Return | -0.98% | 26.99% |
| 1Y Return | -0.42% | 38.92% |
| 3Y Return (Ann) | -1.48% | 7.77% |
| 5Y Return (Ann) | -0.56% | 13.48% |
| Sharpe Ratio | 0.05 | 3.25 |
| Sortino Ratio | 0.12 | 4.35 |
| Omega Ratio | 1.01 | 1.62 |
| Calmar Ratio | 0.01 | 3.44 |
| Martin Ratio | 0.16 | 21.84 |
| Ulcer Index | 1.98% | 1.86% |
| Daily Std Dev | 6.52% | 12.47% |
| Max Drawdown | -23.03% | -38.82% |
| Current Drawdown | -19.75% | 0.00% |
Correlation
The correlation between USTY.L and INDEX is -0.00. 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
USTY.L vs. INDEX - Performance Comparison
In the year-to-date period, USTY.L achieves a -0.98% return, which is significantly lower than INDEX's 26.99% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
USTY.L vs. INDEX - Expense Ratio Comparison
USTY.L has a 0.15% expense ratio, which is lower than INDEX's 0.25% 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
USTY.L vs. INDEX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Bloomberg US Treasury Bond UCITS ETF (USTY.L) and Index Funds S&P 500 Equal Weight (INDEX). 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
USTY.L vs. INDEX - Dividend Comparison
USTY.L's dividend yield for the trailing twelve months is around 1.84%, more than INDEX's 1.23% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
USTY.L SPDR Bloomberg US Treasury Bond UCITS ETF | 1.84% | 2.81% | 1.56% | 1.31% | 2.49% | 2.78% | 1.22% | 0.00% | 0.00% | 0.00% |
INDEX Index Funds S&P 500 Equal Weight | 1.23% | 1.56% | 1.21% | 1.09% | 1.53% | 1.61% | 1.82% | 1.15% | 1.15% | 1.19% |
Drawdowns
USTY.L vs. INDEX - Drawdown Comparison
The maximum USTY.L drawdown since its inception was -23.03%, smaller than the maximum INDEX drawdown of -38.82%. Use the drawdown chart below to compare losses from any high point for USTY.L and INDEX. For additional features, visit the drawdowns tool.
Volatility
USTY.L vs. INDEX - Volatility Comparison
The current volatility for SPDR Bloomberg US Treasury Bond UCITS ETF (USTY.L) is 1.84%, while Index Funds S&P 500 Equal Weight (INDEX) has a volatility of 3.89%. This indicates that USTY.L experiences smaller price fluctuations and is considered to be less risky than INDEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.