CEMF.DE vs. TRD1.DE
CEMF.DE (iShares $ Treasury Bond 7-10yr UCITS ETF EUR Hedged Acc) and TRD1.DE (Invesco US Treasury Bond 0-1 Year UCITS ETF USD Dist) are both Government Bonds funds - CEMF.DE tracks the ICE US Treasury 7-10 Year (EUR Hedged) Index while TRD1.DE tracks the Bloomberg US Treasury Coupons Index. Both are passively managed. At a correlation of -0.39, they often move in opposite directions. CEMF.DE charges 0.10%/yr vs 0.06%/yr for TRD1.DE.
Performance
CEMF.DE vs. TRD1.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CEMF.DE achieves a -1.56% return, which is significantly lower than TRD1.DE's 4.79% return.
CEMF.DE
- 1D
- 0.00%
- 1M
- 0.05%
- 6M
- -0.81%
- YTD
- -1.56%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
TRD1.DE
- 1D
- 0.17%
- 1M
- 0.51%
- 6M
- 3.53%
- YTD
- 4.79%
- 1Y
- 5.89%
- 3Y*
- 3.65%
- 5Y*
- 3.98%
- 10Y*
- —
- ALL TIME*
- 0.63%
CEMF.DE vs. TRD1.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
CEMF.DE iShares $ Treasury Bond 7-10yr UCITS ETF EUR Hedged Acc | -1.56% | 1.70% |
TRD1.DE Invesco US Treasury Bond 0-1 Year UCITS ETF USD Dist | 4.79% | -0.04% |
Correlation
The correlation between CEMF.DE and TRD1.DE is -0.39, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Aug 4, 2025 | -0.39 |
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
CEMF.DE vs. TRD1.DE — Risk / Return Rank
CEMF.DE
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
TRD1.DE
CEMF.DE vs. TRD1.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 Invesco US Treasury Bond 0-1 Year UCITS ETF USD Dist (TRD1.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.
| CEMF.DE | TRD1.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.17 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.59 | — |
| Martin ratioReturn relative to average drawdown | — | 4.15 | — |
Loading charts...
Drawdowns
CEMF.DE vs. TRD1.DE - Drawdown Comparison
The maximum CEMF.DE drawdown since its inception was -4.45%, smaller than the maximum TRD1.DE drawdown of -17.81%. Use the drawdown chart below to compare losses from any high point for CEMF.DE and TRD1.DE.
Loading charts...
Drawdown Indicators
| CEMF.DE | TRD1.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -4.45% | -17.81% | +13.36% |
Max Drawdown (1Y)Largest decline over 1 year | — | -3.70% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -11.60% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -11.70% | — |
Current DrawdownCurrent decline from peak | -3.11% | -5.23% | +2.12% |
Average DrawdownAverage peak-to-trough decline | -1.45% | -8.28% | +6.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.42% | — |
Volatility
CEMF.DE vs. TRD1.DE - Volatility Comparison
Loading charts...
Volatility by Period
| CEMF.DE | TRD1.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 1.12% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 4.58% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 4.50% | 6.13% | -1.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.50% | 7.48% | -2.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.50% | 8.09% | -3.59% |
CEMF.DE vs. TRD1.DE - Expense Ratio Comparison
CEMF.DE has a 0.10% expense ratio, which is higher than TRD1.DE'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%.
Dividends
CEMF.DE vs. TRD1.DE - Dividend Comparison
CEMF.DE has not paid dividends to shareholders, while TRD1.DE's dividend yield for the trailing twelve months is around 3.85%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
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% |
TRD1.DE Invesco US Treasury Bond 0-1 Year UCITS ETF USD Dist | 3.85% | 4.35% | 4.82% | 4.70% | 1.55% | 0.10% | 0.74% |
Frequently Asked Questions
CEMF.DE and TRD1.DE have a correlation of -0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, TRD1.DE is cheaper at 0.06% per year. The better choice depends on whether you care most about return, fees, risk, or income.
TRD1.DE is cheaper with a 0.06% expense ratio, compared with 0.10% for CEMF.DE.
CEMF.DE tracks ICE US Treasury 7-10 Year (EUR Hedged) Index, while TRD1.DE tracks Bloomberg US Treasury Coupons Index. They also come from different issuers: iShares and Invesco. Their fees differ too: 0.10% for CEMF.DE and 0.06% for TRD1.DE.
Find the right allocation for CEMF.DE and TRD1.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