CEMF.DE vs. SPP3.DE

Last updated Apr 1, 2026

Compare and contrast key facts about iShares $ Treasury Bond 7-10yr UCITS ETF EUR Hedged Acc (CEMF.DE) and SPDR Bloomberg 3-7 Year US Treasury Bond UCITS ETF (SPP3.DE).

CEMF.DE and SPP3.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CEMF.DE is a passively managed fund by iShares that tracks the performance of the ICE US Treasury 7-10 Year Bond Index. It was launched on Mar 28, 2024. SPP3.DE is a passively managed fund by State Street that tracks the performance of the Bloomberg US 3-7 Year Treasury Bond. It was launched on Feb 17, 2016. Both CEMF.DE and SPP3.DE 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

CEMF.DE vs. SPP3.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares $ Treasury Bond 7-10yr UCITS ETF EUR Hedged Acc (CEMF.DE) and SPDR Bloomberg 3-7 Year US Treasury Bond UCITS ETF (SPP3.DE). The values are adjusted to include any dividend payments, if applicable.

CEMF.DE vs. SPP3.DE - Yearly Performance Comparison

	2026 (YTD)	2025
CEMF.DE iShares $ Treasury Bond 7-10yr UCITS ETF EUR Hedged Acc	-1.01%	2.59%
SPP3.DE SPDR Bloomberg 3-7 Year US Treasury Bond UCITS ETF	1.96%	0.81%

Returns By Period

In the year-to-date period, CEMF.DE achieves a -1.01% return, which is significantly lower than SPP3.DE's 1.96% return.

CEMF.DE

• 1D: -0.09%
• 1M: -2.57%
• YTD: -1.01%
• 6M: -0.45%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SPP3.DE

• 1D: -0.47%
• 1M: 1.15%
• YTD: 1.96%
• 6M: 2.88%
• 1Y: -2.31%
• 3Y*: 1.62%
• 5Y*: 1.12%
• 10Y*: 1.29%

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

CEMF.DE vs. SPP3.DE - Expense Ratio Comparison

CEMF.DE has a 0.10% expense ratio, which is lower than SPP3.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%.

SPP3.DE

SPDR Bloomberg 3-7 Year US Treasury Bond UCITS ETF

CEMF.DE

iShares $ Treasury Bond 7-10yr UCITS ETF EUR Hedged Acc

Return for Risk

CEMF.DE vs. SPP3.DE — Risk / Return Rank

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

SPP3.DE

SPP3.DE Risk / Return Rank: 6
SPP3.DE Sharpe Ratio Rank: 6
SPP3.DE Sortino Ratio Rank: 5
SPP3.DE Omega Ratio Rank: 5
SPP3.DE Calmar Ratio Rank: 6
SPP3.DE Martin Ratio Rank: 7

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.

CEMF.DE vs. SPP3.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares $ Treasury Bond 7-10yr UCITS ETF EUR Hedged Acc (CEMF.DE) and SPDR Bloomberg 3-7 Year US Treasury Bond UCITS ETF (SPP3.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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	CEMF.DE	SPP3.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.33	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.14	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.17	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.52	0.14	+0.38

Correlation

The correlation between CEMF.DE and SPP3.DE is 0.05, 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

CEMF.DE vs. SPP3.DE - Dividend Comparison

CEMF.DE has not paid dividends to shareholders, while SPP3.DE's dividend yield for the trailing twelve months is around 3.87%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
CEMF.DE iShares $ Treasury Bond 7-10yr 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%
SPP3.DE SPDR Bloomberg 3-7 Year US Treasury Bond UCITS ETF	3.87%	3.96%	3.14%	2.90%	1.13%	0.93%	1.80%	2.12%	1.59%	1.48%	0.44%

Drawdowns

CEMF.DE vs. SPP3.DE - Drawdown Comparison

The maximum CEMF.DE drawdown since its inception was -3.14%, smaller than the maximum SPP3.DE drawdown of -16.82%. Use the drawdown chart below to compare losses from any high point for CEMF.DE and SPP3.DE.

Drawdown Indicators

	CEMF.DE	SPP3.DE	Difference
Max Drawdown Largest peak-to-trough decline	-3.14%	-16.82%	+13.68%
Max Drawdown (1Y) Largest decline over 1 year	—	-7.41%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-11.51%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-16.82%	—
Current Drawdown Current decline from peak	-2.57%	-5.23%	+2.66%
Average Drawdown Average peak-to-trough decline	-0.81%	-6.75%	+5.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.34%	—

Volatility

Volatility by Period

	CEMF.DE	SPP3.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.94%	—
Volatility (6M) Calculated over the trailing 6-month period	—	3.80%	—
Volatility (1Y) Calculated over the trailing 1-year period	4.42%	7.01%	-2.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.42%	7.75%	-3.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.42%	7.39%	-2.97%