EUN8.DE vs. T1EU.DE
EUN8.DE (iShares € Govt Bond 10-15yr UCITS ETF EUR (Dist)) and T1EU.DE (Invesco US Treasury Bond 0-1 Year UCITS ETF EUR Hdg Acc) are both Government Bonds funds - EUN8.DE tracks the Bloomberg Euro Government Bond 10-15 Year Index while T1EU.DE tracks the Bloomberg US Treasury Coupons Index. Both are passively managed. Over the past 5 years, EUN8.DE returned -3.35%/yr vs 1.40%/yr for T1EU.DE. At a 0.19 correlation, their price movements are largely independent. EUN8.DE charges 0.15%/yr vs 0.10%/yr for T1EU.DE.
Performance
EUN8.DE vs. T1EU.DE - Performance Comparison
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Returns By Period
In the year-to-date period, EUN8.DE achieves a 0.99% return, which is significantly higher than T1EU.DE's 0.83% return.
EUN8.DE
- 1D
- -0.30%
- 1M
- 1.03%
- 6M
- 1.59%
- YTD
- 0.99%
- 1Y
- 0.96%
- 3Y*
- 3.05%
- 5Y*
- -3.35%
- 10Y*
- -0.58%
T1EU.DE
- 1D
- 0.02%
- 1M
- 0.18%
- 6M
- 0.74%
- YTD
- 0.83%
- 1Y
- 1.84%
- 3Y*
- 2.74%
- 5Y*
- 1.40%
- 10Y*
- —
EUN8.DE vs. T1EU.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
EUN8.DE iShares € Govt Bond 10-15yr UCITS ETF EUR (Dist) | 0.99% | 0.68% | 1.21% | 10.63% | -25.03% | -4.22% | 5.21% |
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 EUN8.DE and T1EU.DE is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.17 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.18 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.21 |
Correlation (All Time) Calculated using the full available price history since Mar 30, 2020 | 0.19 |
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Return for Risk
EUN8.DE vs. T1EU.DE — Risk / Return Rank
EUN8.DE
T1EU.DE
EUN8.DE vs. T1EU.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares € Govt Bond 10-15yr UCITS ETF EUR (Dist) (EUN8.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.
| EUN8.DE | T1EU.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.13 | ||
| Sortino ratioReturn per unit of downside risk | -1.63 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 1.35 | -0.32 |
| Calmar ratioReturn relative to maximum drawdown | 0.18 | 3.62 | -3.44 |
| Martin ratioReturn relative to average drawdown | 0.45 | 17.64 | -17.19 |
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Drawdowns
EUN8.DE vs. T1EU.DE - Drawdown Comparison
The maximum EUN8.DE drawdown since its inception was -29.75%, 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 EUN8.DE and T1EU.DE.
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Drawdown Indicators
| EUN8.DE | T1EU.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -29.75% | -3.20% | -26.55% |
Max Drawdown (1Y)Largest decline over 1 year | -5.39% | -0.51% | -4.88% |
Max Drawdown (3Y)Largest decline over 3 years | -6.68% | -0.51% | -6.17% |
Max Drawdown (5Y)Largest decline over 5 years | -29.15% | -2.36% | -26.79% |
Max Drawdown (10Y)Largest decline over 10 years | -29.75% | — | — |
Current DrawdownCurrent decline from peak | -18.61% | 0.00% | -18.61% |
Average DrawdownAverage peak-to-trough decline | -8.06% | -0.86% | -7.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.11% | 0.10% | +2.01% |
Volatility
EUN8.DE vs. T1EU.DE - Volatility Comparison
iShares € Govt Bond 10-15yr UCITS ETF EUR (Dist) (EUN8.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 EUN8.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.
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Volatility by Period
| EUN8.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 | 5.52% | 1.12% | +4.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.73% | 1.45% | +5.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.35% | 0.80% | +8.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.29% | 0.73% | +7.56% |
EUN8.DE vs. T1EU.DE - Expense Ratio Comparison
EUN8.DE has a 0.15% expense ratio, which is higher than T1EU.DE's 0.10% 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
EUN8.DE vs. T1EU.DE - Dividend Comparison
EUN8.DE's dividend yield for the trailing twelve months is around 3.23%, while T1EU.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EUN8.DE iShares € Govt Bond 10-15yr UCITS ETF EUR (Dist) | 3.23% | 3.14% | 2.95% | 2.09% | 0.52% | 0.31% | 0.58% | 1.20% | 1.26% | 1.13% | 1.26% | 0.75% |
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% | 0.00% | 0.00% |
Frequently Asked Questions
EUN8.DE and T1EU.DE have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, T1EU.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
T1EU.DE is cheaper with a 0.10% expense ratio, compared with 0.15% for EUN8.DE.
EUN8.DE tracks Bloomberg Euro Government Bond 10-15 Year Index, while T1EU.DE tracks Bloomberg US Treasury Coupons Index. They also come from different issuers: iShares and Invesco. Their fees differ too: 0.15% for EUN8.DE and 0.10% for T1EU.DE.
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