^TNX vs. ^TYX
Compare and contrast key facts about Treasury Yield 10 Years (^TNX) and Treasury Yield 30 Years (^TYX).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^TNX or ^TYX.
Correlation
The correlation between ^TNX and ^TYX is 0.16, 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.
Performance
^TNX vs. ^TYX - Performance Comparison
Key characteristics
^TNX:
-0.23
^TYX:
0.14
^TNX:
-0.18
^TYX:
0.34
^TNX:
0.98
^TYX:
1.04
^TNX:
-0.09
^TYX:
0.05
^TNX:
-0.44
^TYX:
0.34
^TNX:
11.33%
^TYX:
7.76%
^TNX:
21.89%
^TYX:
19.06%
^TNX:
-93.78%
^TYX:
-88.52%
^TNX:
-45.32%
^TYX:
-41.60%
Returns By Period
In the year-to-date period, ^TNX achieves a -4.07% return, which is significantly lower than ^TYX's -0.44% return. Over the past 10 years, ^TNX has outperformed ^TYX with an annualized return of 8.62%, while ^TYX has yielded a comparatively lower 6.04% annualized return.
^TNX
-4.07%
1.86%
4.45%
-5.70%
49.31%
8.62%
^TYX
-0.44%
2.34%
6.72%
-0.40%
31.55%
6.04%
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Risk-Adjusted Performance
^TNX vs. ^TYX — Risk-Adjusted Performance Rank
^TNX
^TYX
^TNX vs. ^TYX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Treasury Yield 10 Years (^TNX) and Treasury Yield 30 Years (^TYX). 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.
Drawdowns
^TNX vs. ^TYX - Drawdown Comparison
The maximum ^TNX drawdown since its inception was -93.78%, which is greater than ^TYX's maximum drawdown of -88.52%. Use the drawdown chart below to compare losses from any high point for ^TNX and ^TYX. For additional features, visit the drawdowns tool.
Volatility
^TNX vs. ^TYX - Volatility Comparison
Treasury Yield 10 Years (^TNX) has a higher volatility of 9.26% compared to Treasury Yield 30 Years (^TYX) at 8.07%. This indicates that ^TNX's price experiences larger fluctuations and is considered to be riskier than ^TYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.