EXVM.DE vs. TRD1.DE
EXVM.DE (iShares eb.rexx Government Germany 0-1yr UCITS ETF (DE)) and TRD1.DE (Invesco US Treasury Bond 0-1 Year UCITS ETF USD Dist) are both Government Bonds funds - EXVM.DE tracks the eb.rexx Government Germany 0-1 Index while TRD1.DE tracks the Bloomberg US Treasury Coupons Index. Both are passively managed. Over the past 5 years, EXVM.DE returned 1.43%/yr vs 4.03%/yr for TRD1.DE. At a correlation of -0.04, they often move in opposite directions. EXVM.DE charges 0.13%/yr vs 0.06%/yr for TRD1.DE.
Performance
EXVM.DE vs. TRD1.DE - Performance Comparison
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Returns By Period
In the year-to-date period, EXVM.DE achieves a 0.80% return, which is significantly lower than TRD1.DE's 4.56% return.
EXVM.DE
- 1D
- -0.01%
- 1M
- 0.21%
- 6M
- 0.92%
- YTD
- 0.80%
- 1Y
- 1.68%
- 3Y*
- 2.62%
- 5Y*
- 1.43%
- 10Y*
- 0.29%
TRD1.DE
- 1D
- 0.20%
- 1M
- 2.07%
- 6M
- 4.34%
- YTD
- 4.56%
- 1Y
- 6.79%
- 3Y*
- 2.97%
- 5Y*
- 4.03%
- 10Y*
- —
EXVM.DE vs. TRD1.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
EXVM.DE iShares eb.rexx Government Germany 0-1yr UCITS ETF (DE) | 0.80% | 2.06% | 3.37% | 2.36% | -1.00% | -0.83% | -0.74% |
TRD1.DE Invesco US Treasury Bond 0-1 Year UCITS ETF USD Dist | 4.56% | -7.35% | 11.23% | 1.38% | 6.73% | 8.36% | -17.72% |
Correlation
The correlation between EXVM.DE and TRD1.DE is -0.12, 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 (1Y) Calculated over the trailing 1-year period | -0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.09 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.06 |
Correlation (All Time) Calculated using the full available price history since Jan 21, 2020 | -0.04 |
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Return for Risk
EXVM.DE vs. TRD1.DE — Risk / Return Rank
EXVM.DE
TRD1.DE
EXVM.DE vs. TRD1.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares eb.rexx Government Germany 0-1yr UCITS ETF (DE) (EXVM.DE) and Invesco US Treasury Bond 0-1 Year UCITS ETF USD Dist (TRD1.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.
| EXVM.DE | TRD1.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.06 | ||
| Sortino ratioReturn per unit of downside risk | +3.61 | ||
| Omega ratioGain probability vs. loss probability | 1.68 | 1.19 | +0.49 |
| Calmar ratioReturn relative to maximum drawdown | 14.22 | 1.83 | +12.40 |
| Martin ratioReturn relative to average drawdown | 54.84 | 4.77 | +50.07 |
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Drawdowns
EXVM.DE vs. TRD1.DE - Drawdown Comparison
The maximum EXVM.DE drawdown since its inception was -6.33%, smaller than the maximum TRD1.DE drawdown of -17.81%. Use the drawdown chart below to compare losses from any high point for EXVM.DE and TRD1.DE.
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Drawdown Indicators
| EXVM.DE | TRD1.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -6.33% | -17.81% | +11.48% |
Max Drawdown (1Y)Largest decline over 1 year | -0.12% | -3.70% | +3.58% |
Max Drawdown (3Y)Largest decline over 3 years | -0.13% | -11.60% | +11.47% |
Max Drawdown (5Y)Largest decline over 5 years | -1.65% | -11.70% | +10.05% |
Max Drawdown (10Y)Largest decline over 10 years | -5.65% | — | — |
Current DrawdownCurrent decline from peak | -0.01% | -5.44% | +5.43% |
Average DrawdownAverage peak-to-trough decline | -1.76% | -8.30% | +6.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.03% | 1.42% | -1.39% |
Volatility
EXVM.DE vs. TRD1.DE - Volatility Comparison
The current volatility for iShares eb.rexx Government Germany 0-1yr UCITS ETF (DE) (EXVM.DE) is 0.12%, while Invesco US Treasury Bond 0-1 Year UCITS ETF USD Dist (TRD1.DE) has a volatility of 1.79%. This indicates that EXVM.DE experiences smaller price fluctuations and is considered to be less risky than TRD1.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EXVM.DE | TRD1.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.12% | 1.79% | -1.67% |
Volatility (6M)Calculated over the trailing 6-month period | 0.41% | 4.67% | -4.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 0.54% | 6.32% | -5.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 0.51% | 7.48% | -6.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 0.79% | 8.11% | -7.32% |
EXVM.DE vs. TRD1.DE - Expense Ratio Comparison
EXVM.DE has a 0.13% expense ratio, which is higher than TRD1.DE's 0.06% 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
EXVM.DE vs. TRD1.DE - Dividend Comparison
EXVM.DE's dividend yield for the trailing twelve months is around 1.06%, less than TRD1.DE's 3.86% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EXVM.DE iShares eb.rexx Government Germany 0-1yr UCITS ETF (DE) | 1.06% | 1.14% | 0.77% | 0.80% | 0.61% | 0.78% | 0.96% | 1.10% | 1.05% | 1.15% | 1.51% | 1.63% |
TRD1.DE Invesco US Treasury Bond 0-1 Year UCITS ETF USD Dist | 3.86% | 4.35% | 4.82% | 4.70% | 1.55% | 0.10% | 0.74% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
EXVM.DE and TRD1.DE have a correlation of -0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, TRD1.DE is cheaper at 0.06% per year. The better choice depends on whether you care most about return, fees, risk, or income.
TRD1.DE is cheaper with a 0.06% expense ratio, compared with 0.13% for EXVM.DE.
EXVM.DE tracks eb.rexx Government Germany 0-1 Index, while TRD1.DE tracks Bloomberg US Treasury Coupons Index. They also come from different issuers: iShares and Invesco. Their fees differ too: 0.13% for EXVM.DE and 0.06% for TRD1.DE.
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