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Invesco US Treasury Bond UCITS ETF EUR Hdg Dist (TRFE.DE) Alternatives

ETF · Currency in EUR · Last updated Jul 4, 2026

The ETF provides EUR-hedged distributing exposure to a broad portfolio of U.S. Treasury bonds through a UCITS ETF listed on XETRA.

Invesco US Treasury Bond UCITS ETF EUR Hdg Dist (TRFE.DE) belongs to the Government Bonds category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with TRFE.DE. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to TRFE.DE

TRFE.DE charges 0.10% annually. There are 33 ETFs in the Government Bonds category with lower expense ratios, going as low as 0.05%.

SymbolNameExpense RatioAUMInception
VUDY.DE
Vanguard U.S. Treasury 1-3 Year Bond UCITS ETF USD...0.05%—Mar 2025TRFE.DE vs VUDY.DE
SYBW.DE
State Street SPDR Bloomberg 1-3 Year U.S. Treasury...0.05%—Aug 2013TRFE.DE vs SYBW.DE
VGTY.DE
Vanguard USD Treasury Bond UCITS ETF Distributing0.05%—Feb 2016TRFE.DE vs VGTY.DE
PRAS.DE
Amundi Prime US Treasury UCITS ETF0.05%—Jan 2020TRFE.DE vs PRAS.DE
PR1T.DE
Amundi Prime US Treasury Bond 0-1 Y UCITS ETF DR U...0.05%—Jul 2020TRFE.DE vs PR1T.DE

Best Risk-Adjusted Alternatives to TRFE.DE

TRFE.DE has a PortfoliosLab risk / return rank of 12. There are 47 ETFs in the Government Bonds category with higher risk-adjusted ranks, going as high as 99.

SymbolNameRisk / Return RankAUMInception
18M1.DE
Amundi Euro Government Bond 0-6 M UCITS ETF (Acc)
99
—Jun 2009TRFE.DE vs 18M1.DE
EXVM.DE
iShares eb.rexx Government Germany 0-1yr UCITS ETF...
97
—Jul 2008TRFE.DE vs EXVM.DE
EUN6.DE
iShares € Govt Bond 0-1yr UCITS ETF EUR (Dist)
95
—Aug 2025TRFE.DE vs EUN6.DE
T1EU.DE
Invesco US Treasury Bond 0-1 Year UCITS ETF EUR Hd...
66
—Feb 2024TRFE.DE vs T1EU.DE
XCS2.DE
Xtrackers II Australia Government Bond UCITS ETF (...
39
—May 2010TRFE.DE vs XCS2.DE

Top Performing TRFE.DE Alternatives (YTD)

TRFE.DE is at -1.24% YTD. There are 64 ETFs in the Government Bonds category with higher YTD returns, going as high as 8.74%.

SymbolNameYTD ReturnAUMInception
XCS2.DE
Xtrackers II Australia Government Bond UCITS ETF (...
8.74%
—May 2010TRFE.DE vs XCS2.DE
IBCC.DE
iShares $ Treasury Bond 0-1yr UCITS ETF USD (Dist)
4.60%
—Nov 2024TRFE.DE vs IBCC.DE
BBLL.DE
JPMorgan BetaBuilders US Treasury Bond 0-1 yr UCIT...
4.60%
—Jul 2019TRFE.DE vs BBLL.DE
TRD1.DE
Invesco US Treasury Bond 0-1 Year UCITS ETF USD Di...
4.56%
—Feb 2024TRFE.DE vs TRD1.DE
PR1T.DE
Amundi Prime US Treasury Bond 0-1 Y UCITS ETF DR U...
4.54%
—Jul 2020TRFE.DE vs PR1T.DE

Lowest Volatility Alternatives to TRFE.DE

TRFE.DE has 3.98% 1-year volatility. There are 12 ETFs in the Government Bonds category with lower 1-year volatility, going as low as 0.37%.

SymbolNameVolatility 1YAUMInception
18M1.DE
Amundi Euro Government Bond 0-6 M UCITS ETF (Acc)0.37%—Jun 2009TRFE.DE vs 18M1.DE
EXVM.DE
iShares eb.rexx Government Germany 0-1yr UCITS ETF...0.54%—Jul 2008TRFE.DE vs EXVM.DE
EUN6.DE
iShares € Govt Bond 0-1yr UCITS ETF EUR (Dist)0.64%—Aug 2025TRFE.DE vs EUN6.DE
T1EU.DE
Invesco US Treasury Bond 0-1 Year UCITS ETF EUR Hd...1.45%—Feb 2024TRFE.DE vs T1EU.DE
EXHC.DE
iShares eb.rexx Government Germany 2.5-5.5yr UCITS...2.39%—Jun 2003TRFE.DE vs EXHC.DE

Lowest Drawdown Alternatives to TRFE.DE

TRFE.DE has a 1-year max drawdown of -3.40%. There are 16 ETFs in the Government Bonds category with shallower 1-year drawdowns, going as shallow as -0.06%.

SymbolNameMax Drawdown 1YAUMInception
18M1.DE
Amundi Euro Government Bond 0-6 M UCITS ETF (Acc)
-0.06%
—Jun 2009TRFE.DE vs 18M1.DE
EXVM.DE
iShares eb.rexx Government Germany 0-1yr UCITS ETF...
-0.12%
—Jul 2008TRFE.DE vs EXVM.DE
EUN6.DE
iShares € Govt Bond 0-1yr UCITS ETF EUR (Dist)
-0.32%
—Aug 2025TRFE.DE vs EUN6.DE
T1EU.DE
Invesco US Treasury Bond 0-1 Year UCITS ETF EUR Hd...
-0.51%
—Feb 2024TRFE.DE vs T1EU.DE
2B7S.DE
iShares $ Treasury Bond 1-3yr UCITS ETF EUR Hedged...
-0.98%
—Apr 2018TRFE.DE vs 2B7S.DE

Other ETFs from Invesco

The 10 most viewed Invesco ETFs shown here include EQQQ.DE, FWIA.DE, EQQB.DE and span 6 categories.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
EQQQ.DE
Invesco EQQQ NASDAQ-100 UCITS ETFNasdaq-100
73
19.56%
—Dec 2002TRFE.DE vs EQQQ.DE
FWIA.DE
Invesco FTSE All-World UCITS ETF AccGlobal Equities
85
13.31%
—Jun 2023TRFE.DE vs FWIA.DE
EQQB.DE
Invesco EQQQ Nasdaq-100 UCITS ETF AccNasdaq-100
72
19.04%
—Sep 2018TRFE.DE vs EQQB.DE
P500.DE
Invesco S&P 500 UCITS ETFS&P 500
77
12.30%
—May 2010TRFE.DE vs P500.DE
FWEA.DE
Invesco FTSE All-World UCITS ETF EUR PfHdg AccGlobal Equities
70
10.02%
—Jun 2023TRFE.DE vs FWEA.DE
IQSA.DE
Invesco Global Active ESG Equity UCITS ETF USD AccGlobal Equities, ESG
92
18.17%
—Sep 2022TRFE.DE vs IQSA.DE
SMLD.DE
Invesco Morningstar US Energy Infrastructure MLP U...Energy Equities
30
19.81%
—May 2013TRFE.DE vs SMLD.DE
EQQX.DE
Invesco Nasdaq-100 Swap UCITS ETF AccNasdaq-100
43
19.18%
—Mar 2021TRFE.DE vs EQQX.DE
D500.DE
Invesco S&P 500 UCITS ETF DistS&P 500
78
12.32%
—Oct 2015TRFE.DE vs D500.DE
WDTE.DE
Invesco S&P World Information Technology ESG UCITS...Technology Equities
34
11.66%
—Apr 2023TRFE.DE vs WDTE.DE

Compare TRFE.DE with Any Fund or Stock

Compare TRFE.DE with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

 

Diversifiers

Pair TRFE.DE with funds that move differently

Invesco US Treasury Bond UCITS ETF EUR Hdg Dist alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to TRFE.DE.

Explore TRFE.DE Diversifiers