2B7S.DE vs. SPPX.DE
2B7S.DE (iShares $ Treasury Bond 1-3yr UCITS ETF EUR Hedged Acc) and SPPX.DE (SPDR Bloomberg 10+ Year US Treasury Bond UCITS ETF) are both Government Bonds funds - 2B7S.DE tracks the ICE US Treasury 1-3 Year (EUR Hedged) Index while SPPX.DE tracks the Bloomberg US 10+ Year Treasury Bond. Both are passively managed. Over the past 5 years, 2B7S.DE returned 0.04%/yr vs -4.26%/yr for SPPX.DE. At a 0.36 correlation, their price movements are largely independent. 2B7S.DE charges 0.10%/yr vs 0.15%/yr for SPPX.DE.
Performance
2B7S.DE vs. SPPX.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, 2B7S.DE achieves a -0.20% return, which is significantly lower than SPPX.DE's 5.09% return.
2B7S.DE
- 1D
- 0.20%
- 1M
- 0.20%
- YTD
- -0.20%
- 6M
- 0.00%
- 1Y
- 0.99%
- 3Y*
- 2.41%
- 5Y*
- 0.04%
- 10Y*
- —
SPPX.DE
- 1D
- -0.11%
- 1M
- 5.04%
- YTD
- 5.09%
- 6M
- 5.56%
- 1Y
- 7.67%
- 3Y*
- -1.69%
- 5Y*
- -4.26%
- 10Y*
- -1.66%
2B7S.DE vs. SPPX.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
2B7S.DE iShares $ Treasury Bond 1-3yr UCITS ETF EUR Hedged Acc | -0.20% | 3.04% | 2.49% | 1.90% | -5.78% | -1.18% |
SPPX.DE SPDR Bloomberg 10+ Year US Treasury Bond UCITS ETF | 5.09% | -6.02% | -0.97% | -0.77% | -24.28% | 12.28% |
Correlation
The correlation between 2B7S.DE and SPPX.DE is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.33 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.37 |
Correlation (All Time) Calculated using the full available price history since Apr 1, 2021 | 0.36 |
Over the past year, the correlation between 2B7S.DE and SPPX.DE has dropped to 0.12 - well below their long-term average of 0.36, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
2B7S.DE vs. SPPX.DE — Risk / Return Rank
2B7S.DE
SPPX.DE
2B7S.DE vs. SPPX.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares $ Treasury Bond 1-3yr UCITS ETF EUR Hedged Acc (2B7S.DE) and SPDR Bloomberg 10+ Year US Treasury Bond UCITS ETF (SPPX.DE). 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.
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.
| 2B7S.DE | SPPX.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.45 | ||
| Sortino ratioReturn per unit of downside risk | -0.68 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.15 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 1.01 | 1.21 | -0.20 |
| Martin ratioReturn relative to average drawdown | 2.55 | 2.62 | -0.07 |
Loading charts...
Drawdowns
2B7S.DE vs. SPPX.DE - Drawdown Comparison
The maximum 2B7S.DE drawdown since its inception was -7.68%, smaller than the maximum SPPX.DE drawdown of -44.59%. Use the drawdown chart below to compare losses from any high point for 2B7S.DE and SPPX.DE.
Loading charts...
Drawdown Indicators
| 2B7S.DE | SPPX.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -7.68% | -44.59% | +36.91% |
Max Drawdown (1Y)Largest decline over 1 year | -0.98% | -6.30% | +5.32% |
Max Drawdown (3Y)Largest decline over 3 years | -1.03% | -16.53% | +15.50% |
Max Drawdown (5Y)Largest decline over 5 years | -7.50% | -36.55% | +29.05% |
Max Drawdown (10Y)Largest decline over 10 years | — | -44.59% | — |
Current DrawdownCurrent decline from peak | -0.59% | -38.37% | +37.78% |
Average DrawdownAverage peak-to-trough decline | -3.27% | -22.68% | +19.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.39% | 2.92% | -2.53% |
Volatility
2B7S.DE vs. SPPX.DE - Volatility Comparison
The current volatility for iShares $ Treasury Bond 1-3yr UCITS ETF EUR Hedged Acc (2B7S.DE) is 0.64%, while SPDR Bloomberg 10+ Year US Treasury Bond UCITS ETF (SPPX.DE) has a volatility of 2.39%. This indicates that 2B7S.DE experiences smaller price fluctuations and is considered to be less risky than SPPX.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| 2B7S.DE | SPPX.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.64% | 2.39% | -1.75% |
Volatility (6M)Calculated over the trailing 6-month period | 2.01% | 6.21% | -4.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.50% | 9.00% | -6.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.51% | 14.21% | -11.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.45% | 16.48% | -14.03% |
2B7S.DE vs. SPPX.DE - Expense Ratio Comparison
2B7S.DE has a 0.10% expense ratio, which is lower than SPPX.DE's 0.15% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
2B7S.DE vs. SPPX.DE - Dividend Comparison
2B7S.DE has not paid dividends to shareholders, while SPPX.DE's dividend yield for the trailing twelve months is around 4.42%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
2B7S.DE iShares $ Treasury Bond 1-3yr UCITS ETF EUR Hedged Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPPX.DE SPDR Bloomberg 10+ Year US Treasury Bond UCITS ETF | 4.42% | 4.77% | 4.08% | 3.14% | 2.57% | 1.63% | 2.07% | 2.42% | 2.38% | 2.77% | 1.07% |
Frequently Asked Questions
2B7S.DE and SPPX.DE have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, 2B7S.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
2B7S.DE is cheaper with a 0.10% expense ratio, compared with 0.15% for SPPX.DE.
2B7S.DE tracks ICE US Treasury 1-3 Year (EUR Hedged) Index, while SPPX.DE tracks Bloomberg US 10+ Year Treasury Bond. They also come from different issuers: iShares and State Street. Their fees differ too: 0.10% for 2B7S.DE and 0.15% for SPPX.DE.
Find the right allocation for 2B7S.DE and SPPX.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer