Invesco US Treasury Bond 1-3 Year UCITS ETF USD Dist (TRD3.DE)

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Invesco US Treasury Bond 1-3 Year UCITS ETF USD Dist (TRD3.DE) is up 3.6% since the beginning of the year. TRD3.DE is currently trading at €34 per share. Investors who bought €1,000 worth of TRD3.DE shares 5 years ago would now be looking at an investment worth €1,138.

Invesco US Treasury Bond 1-3 Year UCITS ETF USD Dist (TRD3.DE) has returned 3.63% so far this year and 6.18% over the past 12 months.

Based on dividend-adjusted daily data since Jan 11, 2019, TRD3.DE's average daily return is 0.00%, while the average monthly return is +0.05%. At this rate, an investment would double in approximately 115.6 years.

Historically, 56% of months were positive and 44% were negative. The best month was Apr 2022 with a return of +4.8%, while the worst month was Mar 2019 at -10.4%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 4 months.

On a daily basis, TRD3.DE closed higher 49% of trading days. The best single day was Mar 15, 2023 with a return of +2.7%, while the worst single day was Mar 8, 2019 at -11.0%.

Invesco US Treasury Bond 1-3 Year UCITS ETF USD Dist has an annualized alpha of 0.10%, beta of 0.05, and R2 of 0.02 versus S&P 500 Index. Calculated based on daily prices since January 11, 2019.

• This ETF tended to rise when S&P 500 Index fell (downside capture of -10.59%), but participation in market rallies was also limited (-1.65%) - a profile typical of counter-cyclical assets.
• Beta of 0.05 may look defensive, but with R2 of 0.02 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
• R2 of 0.02 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

TRD3.DE has an expense ratio of 0.06%, which is considered low.

TRD3.DE ranks 35 for risk / return — below 35% of ETFs on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.

Invesco US Treasury Bond 1-3 Year UCITS ETF USD Dist provided a 3.83% dividend yield over the last twelve months, with an annual payout of €1.29 per share.

The table displays the monthly dividend distributions for Invesco US Treasury Bond 1-3 Year UCITS ETF USD Dist. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Invesco US Treasury Bond 1-3 Year UCITS ETF USD Dist. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Invesco US Treasury Bond 1-3 Year UCITS ETF USD Dist was 13.49%, occurring on Dec 30, 2020. Recovery took 385 trading sessions.

The current Invesco US Treasury Bond 1-3 Year UCITS ETF USD Dist drawdown is 5.25%.

The chart below shows the rolling one-month volatility.