^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 0.94, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
^TNX vs. ^TYX - Performance Comparison
Key characteristics
^TNX:
-0.14
^TYX:
-0.06
^TNX:
-0.06
^TYX:
0.05
^TNX:
0.99
^TYX:
1.01
^TNX:
-0.06
^TYX:
-0.02
^TNX:
-0.28
^TYX:
-0.12
^TNX:
11.04%
^TYX:
8.63%
^TNX:
21.25%
^TYX:
18.42%
^TNX:
-93.78%
^TYX:
-88.52%
^TNX:
-47.70%
^TYX:
-44.20%
Returns By Period
In the year-to-date period, ^TNX achieves a -8.24% return, which is significantly lower than ^TYX's -4.87% return. Over the past 10 years, ^TNX has outperformed ^TYX with an annualized return of 8.25%, while ^TYX has yielded a comparatively lower 5.92% annualized return.
^TNX
-8.24%
0.38%
10.86%
-3.87%
48.43%
8.25%
^TYX
-4.87%
1.99%
10.19%
0.98%
29.65%
5.92%
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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 5.81% compared to Treasury Yield 30 Years (^TYX) at 4.71%. 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.