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^TYX vs. TLT
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between ^TYX and TLT is -0.94. 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.


-0.50.00.51.0-0.9

Performance

^TYX vs. TLT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Treasury Yield 30 Years (^TYX) and iShares 20+ Year Treasury Bond ETF (TLT). The values are adjusted to include any dividend payments, if applicable.

0.00%50.00%100.00%150.00%JulyAugustSeptemberOctoberNovemberDecember
-11.10%
128.48%
^TYX
TLT

Key characteristics

Sharpe Ratio

^TYX:

0.95

TLT:

-0.54

Sortino Ratio

^TYX:

1.52

TLT:

-0.66

Omega Ratio

^TYX:

1.16

TLT:

0.93

Calmar Ratio

^TYX:

0.35

TLT:

-0.17

Martin Ratio

^TYX:

2.24

TLT:

-1.13

Ulcer Index

^TYX:

8.14%

TLT:

6.75%

Daily Std Dev

^TYX:

19.32%

TLT:

14.28%

Max Drawdown

^TYX:

-88.52%

TLT:

-48.35%

Current Drawdown

^TYX:

-42.20%

TLT:

-42.06%

Returns By Period

In the year-to-date period, ^TYX achieves a 17.34% return, which is significantly higher than TLT's -7.02% return. Over the past 10 years, ^TYX has outperformed TLT with an annualized return of 5.03%, while TLT has yielded a comparatively lower -0.87% annualized return.


^TYX

YTD

17.34%

1M

2.70%

6M

7.23%

1Y

16.85%

5Y*

14.71%

10Y*

5.03%

TLT

YTD

-7.02%

1M

-1.53%

6M

-3.76%

1Y

-6.64%

5Y*

-5.98%

10Y*

-0.87%

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Risk-Adjusted Performance

^TYX vs. TLT - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Treasury Yield 30 Years (^TYX) and iShares 20+ Year Treasury Bond ETF (TLT). 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.


Sharpe ratio
The chart of Sharpe ratio for ^TYX, currently valued at 0.95, compared to the broader market0.001.002.000.95-0.56
The chart of Sortino ratio for ^TYX, currently valued at 1.52, compared to the broader market-1.000.001.002.003.001.52-0.68
The chart of Omega ratio for ^TYX, currently valued at 1.16, compared to the broader market0.901.001.101.201.301.401.160.92
The chart of Calmar ratio for ^TYX, currently valued at 0.63, compared to the broader market0.001.002.003.000.63-0.18
The chart of Martin ratio for ^TYX, currently valued at 2.24, compared to the broader market0.005.0010.0015.0020.002.24-1.32
^TYX
TLT

The current ^TYX Sharpe Ratio is 0.95, which is higher than the TLT Sharpe Ratio of -0.54. The chart below compares the historical Sharpe Ratios of ^TYX and TLT, 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-1.00-0.500.000.501.00JulyAugustSeptemberOctoberNovemberDecember
0.95
-0.56
^TYX
TLT

Drawdowns

^TYX vs. TLT - Drawdown Comparison

The maximum ^TYX drawdown since its inception was -88.52%, which is greater than TLT's maximum drawdown of -48.35%. Use the drawdown chart below to compare losses from any high point for ^TYX and TLT. For additional features, visit the drawdowns tool.


-40.00%-35.00%-30.00%-25.00%-20.00%-15.00%JulyAugustSeptemberOctoberNovemberDecember
-15.15%
-42.06%
^TYX
TLT

Volatility

^TYX vs. TLT - Volatility Comparison

Treasury Yield 30 Years (^TYX) has a higher volatility of 5.82% compared to iShares 20+ Year Treasury Bond ETF (TLT) at 4.47%. This indicates that ^TYX's price experiences larger fluctuations and is considered to be riskier than TLT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


3.00%4.00%5.00%6.00%7.00%JulyAugustSeptemberOctoberNovemberDecember
5.82%
4.47%
^TYX
TLT
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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