D5BE.DE vs. T1EU.DE
D5BE.DE (Xtrackers II US Treasuries 1-3 UCITS ETF (Dist)) and T1EU.DE (Invesco US Treasury Bond 0-1 Year UCITS ETF EUR Hdg Acc) are both Government Bonds funds - D5BE.DE tracks the iBoxx USD Treasuries 1-3 Index while T1EU.DE tracks the Bloomberg US Treasury Coupons Index. Both are passively managed. Over the past 5 years, D5BE.DE returned 2.64%/yr vs 1.40%/yr for T1EU.DE. At a correlation of -0.05, they often move in opposite directions. D5BE.DE charges 0.06%/yr vs 0.10%/yr for T1EU.DE.
Performance
D5BE.DE vs. T1EU.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, D5BE.DE achieves a 3.59% return, which is significantly higher than T1EU.DE's 0.83% return.
D5BE.DE
- 1D
- 0.08%
- 1M
- 1.73%
- 6M
- 3.42%
- YTD
- 3.59%
- 1Y
- 6.13%
- 3Y*
- 2.70%
- 5Y*
- 2.64%
- 10Y*
- 1.45%
T1EU.DE
- 1D
- 0.02%
- 1M
- 0.18%
- 6M
- 0.74%
- YTD
- 0.83%
- 1Y
- 1.84%
- 3Y*
- 2.74%
- 5Y*
- 1.40%
- 10Y*
- —
D5BE.DE vs. T1EU.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
D5BE.DE Xtrackers II US Treasuries 1-3 UCITS ETF (Dist) | 3.59% | -6.60% | 10.00% | 0.62% | 2.33% | 7.69% | -9.64% |
T1EU.DE Invesco US Treasury Bond 0-1 Year UCITS ETF EUR Hdg Acc | 0.83% | 2.00% | 3.48% | 2.83% | -1.53% | -0.93% | -0.47% |
Correlation
The correlation between D5BE.DE and T1EU.DE is -0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.08 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.07 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.08 |
Correlation (All Time) Calculated using the full available price history since Mar 30, 2020 | -0.05 |
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
D5BE.DE vs. T1EU.DE — Risk / Return Rank
D5BE.DE
T1EU.DE
D5BE.DE vs. T1EU.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers II US Treasuries 1-3 UCITS ETF (Dist) (D5BE.DE) and Invesco US Treasury Bond 0-1 Year UCITS ETF EUR Hdg Acc (T1EU.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.
| D5BE.DE | T1EU.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.16 | ||
| Sortino ratioReturn per unit of downside risk | -0.24 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.35 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 1.74 | 3.62 | -1.88 |
| Martin ratioReturn relative to average drawdown | 4.31 | 17.64 | -13.33 |
Loading charts...
Drawdowns
D5BE.DE vs. T1EU.DE - Drawdown Comparison
The maximum D5BE.DE drawdown since its inception was -20.28%, which is greater than T1EU.DE's maximum drawdown of -3.20%. Use the drawdown chart below to compare losses from any high point for D5BE.DE and T1EU.DE.
Loading charts...
Drawdown Indicators
| D5BE.DE | T1EU.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.28% | -3.20% | -17.08% |
Max Drawdown (1Y)Largest decline over 1 year | -3.52% | -0.51% | -3.01% |
Max Drawdown (3Y)Largest decline over 3 years | -10.97% | -0.51% | -10.46% |
Max Drawdown (5Y)Largest decline over 5 years | -12.50% | -2.36% | -10.14% |
Max Drawdown (10Y)Largest decline over 10 years | -20.28% | — | — |
Current DrawdownCurrent decline from peak | -5.38% | 0.00% | -5.38% |
Average DrawdownAverage peak-to-trough decline | -5.10% | -0.86% | -4.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.42% | 0.10% | +1.32% |
Volatility
D5BE.DE vs. T1EU.DE - Volatility Comparison
Xtrackers II US Treasuries 1-3 UCITS ETF (Dist) (D5BE.DE) has a higher volatility of 1.45% compared to Invesco US Treasury Bond 0-1 Year UCITS ETF EUR Hdg Acc (T1EU.DE) at 0.10%. This indicates that D5BE.DE's price experiences larger fluctuations and is considered to be riskier than T1EU.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| D5BE.DE | T1EU.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.45% | 0.10% | +1.35% |
Volatility (6M)Calculated over the trailing 6-month period | 3.87% | 1.12% | +2.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.51% | 1.45% | +4.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.16% | 0.80% | +6.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.96% | 0.73% | +8.23% |
D5BE.DE vs. T1EU.DE - Expense Ratio Comparison
D5BE.DE has a 0.06% expense ratio, which is lower than T1EU.DE's 0.10% 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
D5BE.DE vs. T1EU.DE - Dividend Comparison
D5BE.DE's dividend yield for the trailing twelve months is around 2.76%, while T1EU.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
D5BE.DE Xtrackers II US Treasuries 1-3 UCITS ETF (Dist) | 2.76% | 2.89% | 2.24% | 1.84% | 1.00% | 2.74% | 2.66% | 1.16% | 0.93% | 0.78% |
T1EU.DE Invesco US Treasury Bond 0-1 Year UCITS ETF EUR Hdg Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.13% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
D5BE.DE and T1EU.DE have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, D5BE.DE is cheaper at 0.06% per year. The better choice depends on whether you care most about return, fees, risk, or income.
D5BE.DE is cheaper with a 0.06% expense ratio, compared with 0.10% for T1EU.DE.
D5BE.DE tracks iBoxx USD Treasuries 1-3 Index, while T1EU.DE tracks Bloomberg US Treasury Coupons Index. They also come from different issuers: Xtrackers and Invesco. Their fees differ too: 0.06% for D5BE.DE and 0.10% for T1EU.DE.
Find the right allocation for D5BE.DE and T1EU.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