EIB3.DE vs. SECD.DE
EIB3.DE (Invesco Euro Government Bond 1-3 Year UCITS ETF Dist) and SECD.DE (iShares Euro Government Bond Climate UCITS ETF EUR Dist) are both European Government Bonds funds - EIB3.DE tracks the Bloomberg Euro Government Select 1-3 while SECD.DE tracks the FTSE Advanced Climate Risk-Adjusted European Monetary Union Government Bond. Both are passively managed. Over the past 5 years, EIB3.DE returned 0.63%/yr vs -2.19%/yr for SECD.DE. A 0.80 correlation means they provide meaningful diversification when combined. EIB3.DE charges 0.10%/yr vs 0.09%/yr for SECD.DE.
Performance
EIB3.DE vs. SECD.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EIB3.DE achieves a 0.19% return, which is significantly higher than SECD.DE's 0.13% return.
EIB3.DE
- 1D
- 0.93%
- 1M
- 0.27%
- YTD
- 0.19%
- 6M
- 0.55%
- 1Y
- 0.81%
- 3Y*
- 2.63%
- 5Y*
- 0.63%
- 10Y*
- —
SECD.DE
- 1D
- 0.11%
- 1M
- 0.64%
- YTD
- 0.13%
- 6M
- 0.10%
- 1Y
- -0.03%
- 3Y*
- 2.34%
- 5Y*
- -2.19%
- 10Y*
- —
EIB3.DE vs. SECD.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
EIB3.DE Invesco Euro Government Bond 1-3 Year UCITS ETF Dist | 0.19% | 2.14% | 3.03% | 3.39% | -4.93% | -0.76% | -0.01% |
SECD.DE iShares Euro Government Bond Climate UCITS ETF EUR Dist | 0.13% | 0.63% | 1.57% | 6.94% | -18.16% | -3.30% | 1.19% |
Correlation
The correlation between EIB3.DE and SECD.DE is 0.56, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.56 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.75 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.80 |
Correlation (All Time) Calculated using the full available price history since Oct 6, 2020 | 0.80 |
Over the past year, the correlation between EIB3.DE and SECD.DE has dropped to 0.56 - well below their long-term average of 0.80, suggesting their price drivers have been diverging.
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
EIB3.DE vs. SECD.DE — Risk / Return Rank
EIB3.DE
SECD.DE
EIB3.DE vs. SECD.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Euro Government Bond 1-3 Year UCITS ETF Dist (EIB3.DE) and iShares Euro Government Bond Climate UCITS ETF EUR Dist (SECD.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.
| EIB3.DE | SECD.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.27 | ||
| Sortino ratioReturn per unit of downside risk | +0.37 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.00 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 0.50 | -0.01 | +0.51 |
| Martin ratioReturn relative to average drawdown | 1.50 | -0.02 | +1.52 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| EIB3.DE | SECD.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.26 | -0.01 | +0.27 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.30 | -0.34 | +0.64 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.17 | -0.38 | +0.55 |
Drawdowns
EIB3.DE vs. SECD.DE - Drawdown Comparison
The maximum EIB3.DE drawdown since its inception was -6.78%, smaller than the maximum SECD.DE drawdown of -22.04%. Use the drawdown chart below to compare losses from any high point for EIB3.DE and SECD.DE.
Loading charts...
Drawdown Indicators
| EIB3.DE | SECD.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -6.78% | -22.04% | +15.26% |
Max Drawdown (1Y)Largest decline over 1 year | -1.60% | -3.41% | +1.81% |
Max Drawdown (3Y)Largest decline over 3 years | -1.60% | -3.96% | +2.36% |
Max Drawdown (5Y)Largest decline over 5 years | -5.91% | -21.21% | +15.30% |
Current DrawdownCurrent decline from peak | -0.68% | -13.67% | +12.99% |
Average DrawdownAverage peak-to-trough decline | -2.06% | -12.64% | +10.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.54% | 1.33% | -0.79% |
Volatility
EIB3.DE vs. SECD.DE - Volatility Comparison
The current volatility for Invesco Euro Government Bond 1-3 Year UCITS ETF Dist (EIB3.DE) is 1.50%, while iShares Euro Government Bond Climate UCITS ETF EUR Dist (SECD.DE) has a volatility of 1.78%. This indicates that EIB3.DE experiences smaller price fluctuations and is considered to be less risky than SECD.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EIB3.DE | SECD.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.50% | 1.78% | -0.28% |
Volatility (6M)Calculated over the trailing 6-month period | 2.75% | 3.63% | -0.88% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.11% | 4.34% | -1.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.11% | 6.28% | -4.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.89% | 6.02% | -4.13% |
EIB3.DE vs. SECD.DE - Expense Ratio Comparison
EIB3.DE has a 0.10% expense ratio, which is higher than SECD.DE's 0.09% 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
EIB3.DE vs. SECD.DE - Dividend Comparison
EIB3.DE's dividend yield for the trailing twelve months is around 2.41%, less than SECD.DE's 2.71% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
EIB3.DE Invesco Euro Government Bond 1-3 Year UCITS ETF Dist | 2.41% | 2.51% | 2.80% | 2.24% | 0.23% |
SECD.DE iShares Euro Government Bond Climate UCITS ETF EUR Dist | 2.71% | 2.59% | 2.30% | 1.17% | 0.00% |
Frequently Asked Questions
EIB3.DE and SECD.DE have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SECD.DE is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SECD.DE is cheaper with a 0.09% expense ratio, compared with 0.10% for EIB3.DE.
EIB3.DE tracks Bloomberg Euro Government Select 1-3, while SECD.DE tracks FTSE Advanced Climate Risk-Adjusted European Monetary Union Government Bond. They also come from different issuers: Invesco and iShares. Their fees differ too: 0.10% for EIB3.DE and 0.09% for SECD.DE.
Find the right allocation for EIB3.DE and SECD.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