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^TNX vs. ^FVX
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between ^TNX and ^FVX is 0.18, 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.


-0.50.00.51.0
Correlation: 0.2

Performance

^TNX vs. ^FVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Treasury Yield 10 Years (^TNX) and Treasury Yield 5 Years (^FVX). The values are adjusted to include any dividend payments, if applicable.

-30.00%-25.00%-20.00%-15.00%-10.00%NovemberDecember2025FebruaryMarchApril
-21.74%
-20.07%
^TNX
^FVX

Key characteristics

Sharpe Ratio

^TNX:

-0.23

^FVX:

-0.63

Sortino Ratio

^TNX:

-0.18

^FVX:

-0.78

Omega Ratio

^TNX:

0.98

^FVX:

0.91

Calmar Ratio

^TNX:

-0.09

^FVX:

-0.26

Martin Ratio

^TNX:

-0.44

^FVX:

-1.14

Ulcer Index

^TNX:

11.33%

^FVX:

13.20%

Daily Std Dev

^TNX:

21.89%

^FVX:

23.59%

Max Drawdown

^TNX:

-93.78%

^FVX:

-97.53%

Current Drawdown

^TNX:

-45.32%

^FVX:

-49.16%

Returns By Period

In the year-to-date period, ^TNX achieves a -4.07% return, which is significantly higher than ^FVX's -8.36% return. Over the past 10 years, ^TNX has underperformed ^FVX with an annualized return of 8.62%, while ^FVX has yielded a comparatively higher 11.59% annualized return.


^TNX

YTD

-4.07%

1M

1.86%

6M

4.45%

1Y

-5.70%

5Y*

49.31%

10Y*

8.62%

^FVX

YTD

-8.36%

1M

-1.08%

6M

-0.12%

1Y

-13.99%

5Y*

61.56%

10Y*

11.59%

*Annualized

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Risk-Adjusted Performance

^TNX vs. ^FVX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

^TNX
The Risk-Adjusted Performance Rank of ^TNX is 2121
Overall Rank
The Sharpe Ratio Rank of ^TNX is 2020
Sharpe Ratio Rank
The Sortino Ratio Rank of ^TNX is 1919
Sortino Ratio Rank
The Omega Ratio Rank of ^TNX is 2121
Omega Ratio Rank
The Calmar Ratio Rank of ^TNX is 2323
Calmar Ratio Rank
The Martin Ratio Rank of ^TNX is 2121
Martin Ratio Rank

^FVX
The Risk-Adjusted Performance Rank of ^FVX is 77
Overall Rank
The Sharpe Ratio Rank of ^FVX is 44
Sharpe Ratio Rank
The Sortino Ratio Rank of ^FVX is 44
Sortino Ratio Rank
The Omega Ratio Rank of ^FVX is 55
Omega Ratio Rank
The Calmar Ratio Rank of ^FVX is 1414
Calmar Ratio Rank
The Martin Ratio Rank of ^FVX is 99
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

^TNX vs. ^FVX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Treasury Yield 10 Years (^TNX) and Treasury Yield 5 Years (^FVX). 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.


The chart of Sharpe ratio for ^TNX, currently valued at -0.29, compared to the broader market-0.500.000.501.001.50
^TNX: -0.29
^FVX: -0.63
The chart of Sortino ratio for ^TNX, currently valued at -0.28, compared to the broader market-1.000.001.002.00
^TNX: -0.28
^FVX: -0.78
The chart of Omega ratio for ^TNX, currently valued at 0.97, compared to the broader market0.901.001.101.201.30
^TNX: 0.97
^FVX: 0.91
The chart of Calmar ratio for ^TNX, currently valued at -0.12, compared to the broader market-0.500.000.501.00
^TNX: -0.12
^FVX: -0.26
The chart of Martin ratio for ^TNX, currently valued at -0.61, compared to the broader market-2.000.002.004.006.00
^TNX: -0.61
^FVX: -1.14

The current ^TNX Sharpe Ratio is -0.23, which is higher than the ^FVX Sharpe Ratio of -0.63. The chart below compares the historical Sharpe Ratios of ^TNX and ^FVX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.00-0.500.000.501.00NovemberDecember2025FebruaryMarchApril
-0.29
-0.63
^TNX
^FVX

Drawdowns

^TNX vs. ^FVX - Drawdown Comparison

The maximum ^TNX drawdown since its inception was -93.78%, roughly equal to the maximum ^FVX drawdown of -97.53%. Use the drawdown chart below to compare losses from any high point for ^TNX and ^FVX. For additional features, visit the drawdowns tool.


-54.00%-52.00%-50.00%-48.00%-46.00%-44.00%-42.00%-40.00%NovemberDecember2025FebruaryMarchApril
-45.32%
-49.16%
^TNX
^FVX

Volatility

^TNX vs. ^FVX - Volatility Comparison

The current volatility for Treasury Yield 10 Years (^TNX) is 9.30%, while Treasury Yield 5 Years (^FVX) has a volatility of 10.72%. This indicates that ^TNX experiences smaller price fluctuations and is considered to be less risky than ^FVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%5.00%6.00%7.00%8.00%9.00%10.00%11.00%NovemberDecember2025FebruaryMarchApril
9.30%
10.72%
^TNX
^FVX