CBU7.L vs. TRIS.L

Last updated Apr 1, 2026

Compare and contrast key facts about iShares $ Treasury Bond 3-7yr UCITS ETF USD Acc (CBU7.L) and Invesco US Treasury Bond 0-1 Year UCITS ETF Dist (TRIS.L).

CBU7.L and TRIS.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CBU7.L is a passively managed fund by iShares that tracks the performance of the ICE U.S. Treasury 3-7 Year Bond Index. It was launched on Jun 3, 2009. TRIS.L is a passively managed fund by Invesco that tracks the performance of the Bloomberg US Government TR USD. It was launched on Jan 21, 2020. Both CBU7.L and TRIS.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

CBU7.L vs. TRIS.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares $ Treasury Bond 3-7yr UCITS ETF USD Acc (CBU7.L) and Invesco US Treasury Bond 0-1 Year UCITS ETF Dist (TRIS.L). The values are adjusted to include any dividend payments, if applicable.

CBU7.L vs. TRIS.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
CBU7.L iShares $ Treasury Bond 3-7yr UCITS ETF USD Acc	-0.36%	7.34%	2.16%	4.26%	-9.35%	-2.35%	6.05%
TRIS.L Invesco US Treasury Bond 0-1 Year UCITS ETF Dist	0.96%	4.55%	5.06%	4.48%	0.53%	0.33%	0.82%

Different Trading Currencies

CBU7.L is traded in USD, while TRIS.L is traded in GBp. To make them comparable, the TRIS.L values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, CBU7.L achieves a -0.36% return, which is significantly lower than TRIS.L's 0.96% return.

CBU7.L

• 1D: 0.06%
• 1M: -1.45%
• YTD: -0.36%
• 6M: 0.99%
• 1Y: 4.16%
• 3Y*: 3.59%
• 5Y*: 0.58%
• 10Y*: 1.43%

TRIS.L

• 1D: 0.24%
• 1M: 0.27%
• YTD: 0.96%
• 6M: 2.02%
• 1Y: 4.25%
• 3Y*: 4.86%
• 5Y*: 3.17%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

CBU7.L vs. TRIS.L - Expense Ratio Comparison

CBU7.L has a 0.07% expense ratio, which is higher than TRIS.L's 0.06% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

CBU7.L

iShares $ Treasury Bond 3-7yr UCITS ETF USD Acc

TRIS.L

Invesco US Treasury Bond 0-1 Year UCITS ETF Dist

Return for Risk

CBU7.L vs. TRIS.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CBU7.L

CBU7.L Risk / Return Rank: 65
CBU7.L Sharpe Ratio Rank: 68
CBU7.L Sortino Ratio Rank: 68
CBU7.L Omega Ratio Rank: 62
CBU7.L Calmar Ratio Rank: 68
CBU7.L Martin Ratio Rank: 58

TRIS.L

TRIS.L Risk / Return Rank: 17
TRIS.L Sharpe Ratio Rank: 19
TRIS.L Sortino Ratio Rank: 17
TRIS.L Omega Ratio Rank: 16
TRIS.L Calmar Ratio Rank: 17
TRIS.L Martin Ratio Rank: 16

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CBU7.L vs. TRIS.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares $ Treasury Bond 3-7yr UCITS ETF USD Acc (CBU7.L) and Invesco US Treasury Bond 0-1 Year UCITS ETF Dist (TRIS.L). 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.

	CBU7.L	TRIS.L	Difference
Sharpe ratio Return per unit of total volatility	1.21	1.02	+0.19
Sortino ratio Return per unit of downside risk	1.75	1.55	+0.19
Omega ratio Gain probability vs. loss probability	1.23	1.18	+0.05
Calmar ratio Return relative to maximum drawdown	1.76	4.82	-3.07
Martin ratio Return relative to average drawdown	5.81	14.49	-8.68
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CBU7.L vs. TRIS.L - Sharpe Ratio Comparison

The current CBU7.L Sharpe Ratio is 1.21, which is comparable to the TRIS.L Sharpe Ratio of 1.02. The chart below compares the historical Sharpe Ratios of CBU7.L and TRIS.L, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	CBU7.L	TRIS.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.21	1.02	+0.19
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.12	0.67	-0.55
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.35	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.59	0.55	+0.04

Correlation

The correlation between CBU7.L and TRIS.L is 0.08, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

CBU7.L vs. TRIS.L - Dividend Comparison

CBU7.L has not paid dividends to shareholders, while TRIS.L's dividend yield for the trailing twelve months is around 3.97%.

	TTM	2025	2024	2023	2022	2021	2020
CBU7.L iShares $ Treasury Bond 3-7yr UCITS ETF USD Acc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
TRIS.L Invesco US Treasury Bond 0-1 Year UCITS ETF Dist	3.97%	4.26%	4.87%	4.68%	1.52%	0.10%	0.57%

Drawdowns

CBU7.L vs. TRIS.L - Drawdown Comparison

The maximum CBU7.L drawdown since its inception was -14.18%, which is greater than TRIS.L's maximum drawdown of -2.50%. Use the drawdown chart below to compare losses from any high point for CBU7.L and TRIS.L.

Drawdown Indicators

	CBU7.L	TRIS.L	Difference
Max Drawdown Largest peak-to-trough decline	-14.18%	-18.99%	+4.81%
Max Drawdown (1Y) Largest decline over 1 year	-2.23%	-6.27%	+4.04%
Max Drawdown (5Y) Largest decline over 5 years	-13.55%	-15.37%	+1.82%
Max Drawdown (10Y) Largest decline over 10 years	-14.18%	—	—
Current Drawdown Current decline from peak	-1.45%	-4.67%	+3.22%
Average Drawdown Average peak-to-trough decline	-3.36%	-9.91%	+6.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.68%	3.36%	-2.68%

Volatility

CBU7.L vs. TRIS.L - Volatility Comparison

The current volatility for iShares $ Treasury Bond 3-7yr UCITS ETF USD Acc (CBU7.L) is 1.15%, while Invesco US Treasury Bond 0-1 Year UCITS ETF Dist (TRIS.L) has a volatility of 1.66%. This indicates that CBU7.L experiences smaller price fluctuations and is considered to be less risky than TRIS.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CBU7.L	TRIS.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.15%	1.66%	-0.51%
Volatility (6M) Calculated over the trailing 6-month period	1.91%	3.08%	-1.17%
Volatility (1Y) Calculated over the trailing 1-year period	3.43%	4.15%	-0.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.67%	4.73%	-0.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.09%	4.92%	-0.83%