- Issuer
- Invesco
- Inception Date
- Feb 23, 2024
- Category
- Government Bonds
- Leveraged
- 1x (No leverage)
- Index Tracked
- Invesco US Treasury Bond 0-1 Year UCITS ETF
- Distribution Policy
- Accumulating
- Asset Class
- Bond
Share Price Chart
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Performance
TRIA.L Performance Chart
Invesco US Treasury Bond 0-1 Year UCITS ETF (TRIA.L) is up 1.9% since the beginning of the year. TRIA.L is currently trading at $49 per share. Investors who bought $1,000 worth of TRIA.L shares 5 years ago would now be looking at an investment worth $1,179.
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Returns By Period
Invesco US Treasury Bond 0-1 Year UCITS ETF (TRIA.L) has returned 1.88% so far this year and 4.06% over the past 12 months.
Invesco US Treasury Bond 0-1 Year UCITS ETF
- 1D
- 0.05%
- 1M
- 0.34%
- 6M
- 1.77%
- YTD
- 1.88%
- 1Y
- 4.06%
- 3Y*
- 4.67%
- 5Y*
- 3.35%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- 0.38%
- 1M
- 0.24%
- 6M
- 9.32%
- YTD
- 10.62%
- 1Y
- 21.28%
- 3Y*
- 18.90%
- 5Y*
- 11.84%
- 10Y*
- 13.36%
TRIA.L Monthly Returns History
Based on dividend-adjusted daily data since Jan 21, 2020, TRIA.L's average daily return is +0.01%, while the average monthly return is +0.22%. At this rate, an investment would double in approximately 26.3 years.
Historically, 76% of months were positive and 24% were negative. The best month was Mar 2020 with a return of +0.7%, while the worst month was Jun 2022 at -0.2%. The longest winning streak lasted 46 consecutive months, and the longest losing streak was 6 months.
On a daily basis, TRIA.L closed higher 42% of trading days. The best single day was Feb 3, 2026 with a return of +1.3%, while the worst single day was Feb 4, 2026 at -1.2%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.25% | 0.29% | 0.21% | 0.31% | 0.31% | 0.23% | 0.26% | 1.88% | |||||
| 2025 | 0.33% | 0.35% | 0.37% | 0.30% | 0.30% | 0.39% | 0.32% | 0.45% | 0.36% | 0.36% | 0.30% | 0.42% | 4.33% |
| 2024 | 0.41% | 0.30% | 0.41% | 0.34% | 0.50% | 0.41% | 0.54% | 0.51% | 0.58% | 0.27% | 0.33% | 0.46% | 5.17% |
| 2023 | 0.34% | 0.22% | 0.60% | 0.29% | 0.21% | 0.40% | 0.43% | 0.49% | 0.35% | 0.47% | 0.53% | 0.53% | 4.97% |
| 2022 | -0.12% | -0.05% | -0.15% | -0.02% | 0.12% | -0.22% | 0.07% | 0.10% | -0.07% | 0.15% | 0.27% | 0.46% | 0.53% |
| 2021 | -0.00% | 0.00% | 0.05% | -0.02% | 0.00% | 0.00% | 0.00% | 0.02% | 0.00% | 0.00% | -0.02% | -0.02% | 0.00% |
Benchmark Metrics
Invesco US Treasury Bond 0-1 Year UCITS ETF has an annualized alpha of 2.78%, beta of 0.00, and R2 of 0.00 versus S&P 500 Index. Calculated based on daily prices since January 21, 2020.
- This ETF captured 4.67% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -6.09%) - a profile typical of hedging or uncorrelated assets.
- Beta of 0.00 may look defensive, but with R2 of 0.00 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 0.00 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.
- Alpha
- 2.78%
- Beta
- 0.00
- R²
- 0.00
- Upside Capture
- 4.67%
- Downside Capture
- -6.09%
Expense Ratio
TRIA.L has an expense ratio of 0.06%, which is considered low.
Return for Risk
Risk / Return Rank
TRIA.L ranks 80 for risk / return — better than 80% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Invesco US Treasury Bond 0-1 Year UCITS ETF (TRIA.L) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| TRIA.L | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.29 | ||
| Sortino ratioReturn per unit of downside risk | +0.50 | ||
| Omega ratioGain probability vs. loss probability | 2.44 | 1.31 | +1.13 |
| Calmar ratioReturn relative to maximum drawdown | 3.28 | 2.35 | +0.93 |
| Martin ratioReturn relative to average drawdown | 9.26 | 10.19 | -0.93 |
Dividends
Dividend History
Drawdowns
Drawdowns Chart
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Invesco US Treasury Bond 0-1 Year UCITS ETF. 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 0-1 Year UCITS ETF was 1.22%, occurring on Feb 4, 2026. Recovery took 89 trading sessions.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-1.22%Feb 2026 | 0s | 4mo 11d | 4mo 11dFeb 2026 - Jun 2026 | — |
-0.65%Jun 2022 | 6mo 24d | 5mo 13d | 1y 2dNov 2021 - Nov 2022 | Bear market2022 |
-0.62%Jan 2026 | 0s | 7d | 7dJan 2026 - Feb 2026 | — |
-0.44%Mar 2020 | 0s | 7d | 7dMar 2020 - Mar 2020 | COVID crash2020 |
-0.13%Jan 2025 | 0s | 1d | 1dJan 2025 - Jan 2025 | — |
Drawdown Indicators
| TRIA.L | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -1.22% | -56.78% | +55.56% |
Max Drawdown (1Y)Largest decline over 1 year | -1.22% | -9.10% | +7.88% |
Max Drawdown (3Y)Largest decline over 3 years | -1.22% | -18.90% | +17.68% |
Max Drawdown (5Y)Largest decline over 5 years | -1.22% | -25.43% | +24.21% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | 0.00% | -0.49% | +0.49% |
Average DrawdownAverage peak-to-trough decline | -0.09% | -10.70% | +10.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.43% | 2.09% | -1.66% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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