IBCL.DE vs. UEFI.DE
IBCL.DE (iShares € Govt Bond 15-30yr UCITS ETF EUR (Dist)) and UEFI.DE (UBS ETF (LU) Bloomberg US 7-10 Year Treasury Bond UCITS ETF (USD) A-dis) are both Government Bonds funds - IBCL.DE tracks the Bloomberg Euro Government Bond 15-30 Year Index while UEFI.DE tracks the Bloomberg US 7-10 Year Treasury Bond Index. Both are passively managed. Over the past 10 years, IBCL.DE returned -2.67%/yr vs 0.13%/yr for UEFI.DE. At a 0.38 correlation, their price movements are largely independent. IBCL.DE charges 0.15%/yr vs 0.05%/yr for UEFI.DE.
Performance
IBCL.DE vs. UEFI.DE - Performance Comparison
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Returns By Period
In the year-to-date period, IBCL.DE achieves a -1.15% return, which is significantly lower than UEFI.DE's 3.01% return. Over the past 10 years, IBCL.DE has underperformed UEFI.DE with an annualized return of -2.67%, while UEFI.DE has yielded a comparatively higher 0.13% annualized return.
IBCL.DE
- 1D
- 0.25%
- 1M
- -2.80%
- 6M
- -2.31%
- YTD
- -1.15%
- 1Y
- -2.15%
- 3Y*
- -0.84%
- 5Y*
- -8.15%
- 10Y*
- -2.67%
UEFI.DE
- 1D
- 0.18%
- 1M
- 1.38%
- 6M
- 1.78%
- YTD
- 3.01%
- 1Y
- 4.54%
- 3Y*
- 1.91%
- 5Y*
- -0.84%
- 10Y*
- 0.13%
IBCL.DE vs. UEFI.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IBCL.DE iShares € Govt Bond 15-30yr UCITS ETF EUR (Dist) | -1.15% | -5.38% | -0.90% | 9.73% | -34.35% | -6.57% | 11.60% | 15.55% | 3.25% | -1.49% |
UEFI.DE UBS ETF (LU) Bloomberg US 7-10 Year Treasury Bond UCITS ETF (USD) A-dis | 3.01% | -4.76% | 5.09% | -0.05% | -9.74% | 5.04% | 0.06% | 11.40% | 5.58% | -10.24% |
Correlation
The correlation between IBCL.DE and UEFI.DE is -0.06, 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 | -0.06 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.34 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.46 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.40 |
Correlation (All Time) Calculated using the full available price history since Feb 2, 2012 | 0.38 |
The correlation between IBCL.DE and UEFI.DE shifts across timeframes, from -0.06 (1 year) to 0.46 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
IBCL.DE vs. UEFI.DE — Risk / Return Rank
IBCL.DE
UEFI.DE
IBCL.DE vs. UEFI.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares € Govt Bond 15-30yr UCITS ETF EUR (Dist) (IBCL.DE) and UBS ETF (LU) Bloomberg US 7-10 Year Treasury Bond UCITS ETF (USD) A-dis (UEFI.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.
| IBCL.DE | UEFI.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.11 | ||
| Sortino ratioReturn per unit of downside risk | -1.58 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 1.16 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | -0.35 | 1.16 | -1.51 |
| Martin ratioReturn relative to average drawdown | -0.70 | 3.03 | -3.73 |
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Drawdowns
IBCL.DE vs. UEFI.DE - Drawdown Comparison
The maximum IBCL.DE drawdown since its inception was -43.80%, which is greater than UEFI.DE's maximum drawdown of -33.55%. Use the drawdown chart below to compare losses from any high point for IBCL.DE and UEFI.DE.
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Drawdown Indicators
| IBCL.DE | UEFI.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.80% | -33.55% | -10.25% |
Max Drawdown (1Y)Largest decline over 1 year | -6.13% | -3.91% | -2.22% |
Max Drawdown (3Y)Largest decline over 3 years | -11.97% | -10.74% | -1.23% |
Max Drawdown (5Y)Largest decline over 5 years | -42.19% | -15.68% | -26.51% |
Max Drawdown (10Y)Largest decline over 10 years | -43.80% | -22.74% | -21.06% |
Current DrawdownCurrent decline from peak | -38.14% | -15.35% | -22.79% |
Average DrawdownAverage peak-to-trough decline | -12.56% | -14.52% | +1.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.06% | 1.49% | +1.57% |
Volatility
IBCL.DE vs. UEFI.DE - Volatility Comparison
iShares € Govt Bond 15-30yr UCITS ETF EUR (Dist) (IBCL.DE) has a higher volatility of 2.55% compared to UBS ETF (LU) Bloomberg US 7-10 Year Treasury Bond UCITS ETF (USD) A-dis (UEFI.DE) at 1.10%. This indicates that IBCL.DE's price experiences larger fluctuations and is considered to be riskier than UEFI.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IBCL.DE | UEFI.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.55% | 1.10% | +1.45% |
Volatility (6M)Calculated over the trailing 6-month period | 7.30% | 3.67% | +3.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.24% | 5.25% | +3.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.68% | 8.87% | +4.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.50% | 15.11% | -3.61% |
IBCL.DE vs. UEFI.DE - Expense Ratio Comparison
IBCL.DE has a 0.15% expense ratio, which is higher than UEFI.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
IBCL.DE vs. UEFI.DE - Dividend Comparison
IBCL.DE's dividend yield for the trailing twelve months is around 3.71%, more than UEFI.DE's 3.03% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IBCL.DE iShares € Govt Bond 15-30yr UCITS ETF EUR (Dist) | 3.71% | 3.53% | 3.19% | 2.64% | 1.31% | 0.53% | 0.74% | 1.26% | 1.50% | 1.35% | 1.47% | 1.83% |
UEFI.DE UBS ETF (LU) Bloomberg US 7-10 Year Treasury Bond UCITS ETF (USD) A-dis | 3.03% | 2.22% | 2.44% | 2.79% | 1.42% | 0.98% | 2.00% | 2.11% | 2.73% | 1.95% | 0.85% | 0.88% |
Frequently Asked Questions
IBCL.DE and UEFI.DE have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, UEFI.DE is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
UEFI.DE is cheaper with a 0.05% expense ratio, compared with 0.15% for IBCL.DE.
IBCL.DE tracks Bloomberg Euro Government Bond 15-30 Year Index, while UEFI.DE tracks Bloomberg US 7-10 Year Treasury Bond Index. They also come from different issuers: iShares and UBS. Their fees differ too: 0.15% for IBCL.DE and 0.05% for UEFI.DE.
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