EXHC.DE vs. VUDY.DE

Last updated Jul 4, 2026

EXHC.DE (iShares eb.rexx Government Germany 2.5-5.5yr UCITS ETF (DE)) and VUDY.DE (Vanguard U.S. Treasury 1-3 Year Bond UCITS ETF USD Distributing) are both Government Bonds funds - EXHC.DE tracks the eb.rexx Government Germany 2.5-5.5 Index while VUDY.DE tracks the Bloomberg US Treasury 1-3 Year Index. Both are passively managed. At a correlation of -0.22, they often move in opposite directions. EXHC.DE charges 0.16%/yr vs 0.05%/yr for VUDY.DE.

Performance

EXHC.DE vs. VUDY.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares eb.rexx Government Germany 2.5-5.5yr UCITS ETF (DE) (EXHC.DE) and Vanguard U.S. Treasury 1-3 Year Bond UCITS ETF USD Distributing (VUDY.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EXHC.DE achieves a 0.37% return, which is significantly lower than VUDY.DE's 3.51% return.

EXHC.DE

• 1D: -0.17%
• 1M: 0.67%
• 6M: 0.42%
• YTD: 0.37%
• 1Y: 0.40%
• 3Y*: 2.33%
• 5Y*: -0.87%
• 10Y*: -0.63%

VUDY.DE

• 1D: 0.03%
• 1M: 1.72%
• 6M: 3.39%
• YTD: 3.51%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

EXHC.DE vs. VUDY.DE - Yearly Performance Comparison

	2026 (YTD)	2025
EXHC.DE iShares eb.rexx Government Germany 2.5-5.5yr UCITS ETF (DE)	0.37%	-0.35%
VUDY.DE Vanguard U.S. Treasury 1-3 Year Bond UCITS ETF USD Distributing	3.51%	-1.28%

Correlation

The correlation between EXHC.DE and VUDY.DE is -0.22, 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 Nov 6, 2025	-0.22

Return for Risk

EXHC.DE vs. VUDY.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EXHC.DE

EXHC.DE Risk / Return Rank: 10
EXHC.DE Sharpe Ratio Rank: 11
EXHC.DE Sortino Ratio Rank: 10
EXHC.DE Omega Ratio Rank: 10
EXHC.DE Calmar Ratio Rank: 11
EXHC.DE Martin Ratio Rank: 11

VUDY.DE

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

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

EXHC.DE vs. VUDY.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares eb.rexx Government Germany 2.5-5.5yr UCITS ETF (DE) (EXHC.DE) and Vanguard U.S. Treasury 1-3 Year Bond UCITS ETF USD Distributing (VUDY.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.

	EXHC.DE	VUDY.DE	Difference
Sharpe ratio: Return per unit of total volatility	0.17	—	—
Sortino ratio: Return per unit of downside risk	0.25	—	—
Omega ratio: Gain probability vs. loss probability	1.03	—	—
Calmar ratio: Return relative to maximum drawdown	0.19	—	—
Martin ratio: Return relative to average drawdown	0.46	—	—

Drawdowns

EXHC.DE vs. VUDY.DE - Drawdown Comparison

The maximum EXHC.DE drawdown since its inception was -14.39%, which is greater than VUDY.DE's maximum drawdown of -3.56%. Use the drawdown chart below to compare losses from any high point for EXHC.DE and VUDY.DE.

Drawdown Indicators

	EXHC.DE	VUDY.DE	Difference
Max Drawdown Largest peak-to-trough decline	-14.39%	-3.56%	-10.83%
Max Drawdown (1Y) Largest decline over 1 year	-2.06%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-2.33%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-12.55%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-14.39%	—	—
Current Drawdown Current decline from peak	-6.78%	-0.63%	-6.15%
Average Drawdown Average peak-to-trough decline	-2.90%	-1.33%	-1.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.87%	—	—

Volatility

Volatility by Period

	EXHC.DE	VUDY.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.52%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.06%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	2.39%	5.20%	-2.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.59%	5.20%	-1.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.76%	5.20%	-2.44%

EXHC.DE vs. VUDY.DE - Expense Ratio Comparison

EXHC.DE has a 0.16% expense ratio, which is higher than VUDY.DE's 0.05% 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

EXHC.DE vs. VUDY.DE - Dividend Comparison

EXHC.DE's dividend yield for the trailing twelve months is around 1.40%, less than VUDY.DE's 2.18% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EXHC.DE iShares eb.rexx Government Germany 2.5-5.5yr UCITS ETF (DE)	1.40%	1.38%	1.11%	0.81%	0.41%	0.68%	0.86%	1.08%	0.91%	1.34%	1.65%	1.82%
VUDY.DE Vanguard U.S. Treasury 1-3 Year Bond UCITS ETF USD Distributing	2.18%	0.44%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both EXHC.DE and VUDY.DE in my portfolio?

EXHC.DE and VUDY.DE have a correlation of -0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, EXHC.DE or VUDY.DE?

On fees, VUDY.DE is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EXHC.DE or VUDY.DE?

VUDY.DE is cheaper with a 0.05% expense ratio, compared with 0.16% for EXHC.DE.

What is the main difference between EXHC.DE and VUDY.DE?

EXHC.DE tracks eb.rexx Government Germany 2.5-5.5 Index, while VUDY.DE tracks Bloomberg US Treasury 1-3 Year Index. They also come from different issuers: iShares and Vanguard. Their fees differ too: 0.16% for EXHC.DE and 0.05% for VUDY.DE.