XUT3.L vs. IDTL.L
XUT3.L (Xtrackers II US Treasuries 1-3 UCITS ETF 1D) and IDTL.L (iShares Treasury Bond 20+ UCITS) are both Government Bonds funds - XUT3.L tracks the iBoxx USD Treasuries 1-3 Index while IDTL.L tracks the ICE U.S. Treasury 20+ Year Bond Index. Both are passively managed. Over the past 10 years, XUT3.L returned 1.70%/yr vs -1.57%/yr for IDTL.L. A 0.58 correlation means they provide meaningful diversification when combined. XUT3.L charges 0.06%/yr vs 0.07%/yr for IDTL.L.
Performance
XUT3.L vs. IDTL.L - Performance Comparison
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Returns By Period
In the year-to-date period, XUT3.L achieves a 0.55% return, which is significantly lower than IDTL.L's 0.78% return. Over the past 10 years, XUT3.L has outperformed IDTL.L with an annualized return of 1.70%, while IDTL.L has yielded a comparatively lower -1.57% annualized return.
XUT3.L
- 1D
- 0.08%
- 1M
- 0.24%
- YTD
- 0.55%
- 6M
- 0.74%
- 1Y
- 3.01%
- 3Y*
- 4.25%
- 5Y*
- 1.90%
- 10Y*
- 1.70%
IDTL.L
- 1D
- 0.94%
- 1M
- 3.97%
- YTD
- 0.78%
- 6M
- 1.40%
- 1Y
- 4.67%
- 3Y*
- -1.34%
- 5Y*
- -6.06%
- 10Y*
- -1.57%
XUT3.L vs. IDTL.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XUT3.L Xtrackers II US Treasuries 1-3 UCITS ETF 1D | 0.55% | 5.06% | 4.13% | 4.10% | -3.60% | -0.62% | 2.95% | 3.56% | 1.44% | 0.27% |
IDTL.L iShares Treasury Bond 20+ UCITS | 0.78% | 4.76% | -7.22% | 2.19% | -30.46% | -4.64% | 17.12% | 15.70% | -1.91% | 9.06% |
Correlation
The correlation between XUT3.L and IDTL.L is 0.59, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.59 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.61 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.60 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.57 |
Correlation (All Time) Calculated using the full available price history since Jan 21, 2015 | 0.58 |
The correlation between XUT3.L and IDTL.L has been stable across timeframes, ranging from 0.57 to 0.61 - a consistent structural relationship.
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Return for Risk
XUT3.L vs. IDTL.L — Risk / Return Rank
XUT3.L
IDTL.L
XUT3.L vs. IDTL.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers II US Treasuries 1-3 UCITS ETF 1D (XUT3.L) and iShares Treasury Bond 20+ UCITS (IDTL.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.
| XUT3.L | IDTL.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.20 | ||
| Sortino ratioReturn per unit of downside risk | +3.59 | ||
| Omega ratioGain probability vs. loss probability | 1.57 | 1.08 | +0.48 |
| Calmar ratioReturn relative to maximum drawdown | 4.47 | 0.60 | +3.86 |
| Martin ratioReturn relative to average drawdown | 17.00 | 1.46 | +15.54 |
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Drawdowns
XUT3.L vs. IDTL.L - Drawdown Comparison
The maximum XUT3.L drawdown since its inception was -5.45%, smaller than the maximum IDTL.L drawdown of -48.31%. Use the drawdown chart below to compare losses from any high point for XUT3.L and IDTL.L.
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Drawdown Indicators
| XUT3.L | IDTL.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -5.45% | -48.31% | +42.86% |
Max Drawdown (1Y)Largest decline over 1 year | -0.67% | -7.72% | +7.05% |
Max Drawdown (3Y)Largest decline over 3 years | -0.91% | -18.59% | +17.68% |
Max Drawdown (5Y)Largest decline over 5 years | -5.45% | -43.00% | +37.55% |
Max Drawdown (10Y)Largest decline over 10 years | -5.45% | -48.31% | +42.86% |
Current DrawdownCurrent decline from peak | -0.11% | -39.19% | +39.08% |
Average DrawdownAverage peak-to-trough decline | -0.55% | -20.50% | +19.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.18% | 3.20% | -3.02% |
Volatility
XUT3.L vs. IDTL.L - Volatility Comparison
The current volatility for Xtrackers II US Treasuries 1-3 UCITS ETF 1D (XUT3.L) is 0.39%, while iShares Treasury Bond 20+ UCITS (IDTL.L) has a volatility of 2.35%. This indicates that XUT3.L experiences smaller price fluctuations and is considered to be less risky than IDTL.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XUT3.L | IDTL.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.39% | 2.35% | -1.96% |
Volatility (6M)Calculated over the trailing 6-month period | 0.83% | 6.88% | -6.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.13% | 9.96% | -8.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.89% | 15.10% | -13.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.49% | 14.68% | -13.19% |
XUT3.L vs. IDTL.L - Expense Ratio Comparison
XUT3.L has a 0.06% expense ratio, which is lower than IDTL.L's 0.07% 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%.
Dividends
XUT3.L vs. IDTL.L - Dividend Comparison
XUT3.L's dividend yield for the trailing twelve months is around 2.84%, less than IDTL.L's 4.62% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IDTL.L iShares Treasury Bond 20+ UCITS | 4.62% | 4.31% | 4.66% | 3.79% | 3.01% | 1.74% | 1.76% | 2.49% | 2.79% | 2.59% | 2.63% | 2.14% |
XUT3.L Xtrackers II US Treasuries 1-3 UCITS ETF 1D | 2.84% | 2.70% | 2.35% | 1.80% | 1.00% | 2.89% | 2.43% | 1.16% | 1.00% | 0.69% | 0.00% | 0.00% |
Frequently Asked Questions
XUT3.L and IDTL.L have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XUT3.L is cheaper at 0.06% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XUT3.L is cheaper with a 0.06% expense ratio, compared with 0.07% for IDTL.L.
XUT3.L tracks iBoxx USD Treasuries 1-3 Index, while IDTL.L tracks ICE U.S. Treasury 20+ Year Bond Index. They also come from different issuers: Xtrackers and iShares. Their fees differ too: 0.06% for XUT3.L and 0.07% for IDTL.L.
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