CEMF.DE vs. VUDP.F

Last updated Jun 5, 2026

CEMF.DE (iShares $ Treasury Bond 7-10yr UCITS ETF EUR Hedged Acc) and VUDP.F (Vanguard U.S. Treasury 1-3 Year Bond UCITS ETF EUR Hedged Distributing) are both Government Bonds funds - CEMF.DE tracks the ICE US Treasury 7-10 Year (EUR Hedged) Index while VUDP.F tracks the Bloomberg U.S. Treasury 1-3 Year Index Hedged in EUR. Both are passively managed. A 0.76 correlation means they provide meaningful diversification when combined. Both charge a 0.10% expense ratio.

Performance

CEMF.DE vs. VUDP.F - 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 Vanguard U.S. Treasury 1-3 Year Bond UCITS ETF EUR Hedged Distributing (VUDP.F). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CEMF.DE achieves a -1.42% return, which is significantly higher than VUDP.F's -1.75% return.

CEMF.DE

• 1D: 0.28%
• 1M: 0.27%
• YTD: -1.42%
• 6M: -0.94%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

VUDP.F

• 1D: 0.10%
• 1M: -0.31%
• YTD: -1.75%
• 6M: -1.89%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CEMF.DE vs. VUDP.F - Yearly Performance Comparison

	2026 (YTD)	2025
CEMF.DE iShares $ Treasury Bond 7-10yr UCITS ETF EUR Hedged Acc	-1.42%	0.57%
VUDP.F Vanguard U.S. Treasury 1-3 Year Bond UCITS ETF EUR Hedged Distributing	-1.75%	0.08%

Correlation

The correlation between CEMF.DE and VUDP.F is 0.76, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 6, 2025	0.76

Return for Risk

CEMF.DE vs. VUDP.F - 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 Vanguard U.S. Treasury 1-3 Year Bond UCITS ETF EUR Hedged Distributing (VUDP.F). 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.

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

Drawdowns

CEMF.DE vs. VUDP.F - Drawdown Comparison

The maximum CEMF.DE drawdown since its inception was -4.45%, which is greater than VUDP.F's maximum drawdown of -2.16%. Use the drawdown chart below to compare losses from any high point for CEMF.DE and VUDP.F.

Drawdown Indicators

	CEMF.DE	VUDP.F	Difference
Max Drawdown Largest peak-to-trough decline	-4.45%	-2.16%	-2.29%
Current Drawdown Current decline from peak	-2.97%	-1.97%	-1.00%
Average Drawdown Average peak-to-trough decline	-1.19%	-0.85%	-0.34%

Volatility

Volatility by Period

	CEMF.DE	VUDP.F	Difference
Volatility (1Y) Calculated over the trailing 1-year period	4.63%	2.76%	+1.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.63%	2.76%	+1.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.63%	2.76%	+1.87%

CEMF.DE vs. VUDP.F - Expense Ratio Comparison

Both CEMF.DE and VUDP.F have an expense ratio of 0.10%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

CEMF.DE vs. VUDP.F - Dividend Comparison

Neither CEMF.DE nor VUDP.F has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both CEMF.DE and VUDP.F in my portfolio?

CEMF.DE and VUDP.F have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CEMF.DE or VUDP.F?

Both ETFs have the same 0.10% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CEMF.DE or VUDP.F?

CEMF.DE and VUDP.F have the same expense ratio: 0.10% per year.

What is the main difference between CEMF.DE and VUDP.F?

CEMF.DE tracks ICE US Treasury 7-10 Year (EUR Hedged) Index, while VUDP.F tracks Bloomberg U.S. Treasury 1-3 Year Index Hedged in EUR. They also come from different issuers: iShares and Vanguard.