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

Correlation

The correlation between ^TYX and ^TNX 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.


-0.50.00.51.00.9

Performance

^TYX vs. ^TNX - Performance Comparison

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

-35.00%-30.00%-25.00%-20.00%JulyAugustSeptemberOctoberNovemberDecember
-22.61%
-19.30%
^TYX
^TNX

Key characteristics

Sharpe Ratio

^TYX:

0.95

^TNX:

0.75

Sortino Ratio

^TYX:

1.52

^TNX:

1.25

Omega Ratio

^TYX:

1.16

^TNX:

1.14

Calmar Ratio

^TYX:

0.35

^TNX:

0.30

Martin Ratio

^TYX:

2.24

^TNX:

1.62

Ulcer Index

^TYX:

8.14%

^TNX:

10.31%

Daily Std Dev

^TYX:

19.32%

^TNX:

22.26%

Max Drawdown

^TYX:

-88.52%

^TNX:

-93.78%

Current Drawdown

^TYX:

-42.20%

^TNX:

-43.61%

Returns By Period

The year-to-date returns for both stocks are quite close, with ^TYX having a 17.34% return and ^TNX slightly lower at 17.02%. Over the past 10 years, ^TYX has underperformed ^TNX with an annualized return of 5.03%, while ^TNX has yielded a comparatively higher 7.22% annualized return.


^TYX

YTD

17.34%

1M

2.70%

6M

7.23%

1Y

16.85%

5Y*

14.71%

10Y*

5.03%

^TNX

YTD

17.02%

1M

2.68%

6M

6.27%

1Y

16.18%

5Y*

18.78%

10Y*

7.22%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Risk-Adjusted Performance

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

This table presents a comparison of risk-adjusted performance metrics for Treasury Yield 30 Years (^TYX) and Treasury Yield 10 Years (^TNX). 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 market0.001.002.000.950.79
The chart of Sortino ratio for ^TYX, currently valued at 1.52, compared to the broader market-1.000.001.002.003.001.521.32
The chart of Omega ratio for ^TYX, currently valued at 1.16, compared to the broader market0.901.001.101.201.301.401.161.14
The chart of Calmar ratio for ^TYX, currently valued at 0.35, compared to the broader market0.001.002.003.000.350.32
The chart of Martin ratio for ^TYX, currently valued at 2.24, compared to the broader market0.005.0010.0015.0020.002.241.68
^TYX
^TNX

The current ^TYX Sharpe Ratio is 0.95, which is comparable to the ^TNX Sharpe Ratio of 0.75. The chart below compares the historical Sharpe Ratios of ^TYX and ^TNX, 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
0.79
^TYX
^TNX

Drawdowns

^TYX vs. ^TNX - Drawdown Comparison

The maximum ^TYX drawdown since its inception was -88.52%, smaller than the maximum ^TNX drawdown of -93.78%. Use the drawdown chart below to compare losses from any high point for ^TYX and ^TNX. For additional features, visit the drawdowns tool.


-54.00%-52.00%-50.00%-48.00%-46.00%-44.00%-42.00%JulyAugustSeptemberOctoberNovemberDecember
-42.20%
-43.61%
^TYX
^TNX

Volatility

^TYX vs. ^TNX - Volatility Comparison

The current volatility for Treasury Yield 30 Years (^TYX) is 5.82%, while Treasury Yield 10 Years (^TNX) has a volatility of 6.13%. This indicates that ^TYX experiences smaller price fluctuations and is considered to be less risky than ^TNX 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%JulyAugustSeptemberOctoberNovemberDecember
5.82%
6.13%
^TYX
^TNX
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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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