IUSM.DE vs. T1EU.DE
IUSM.DE (iShares USD Treasury Bond 7-10yr UCITS ETF (Dist)) and T1EU.DE (Invesco US Treasury Bond 0-1 Year UCITS ETF EUR Hdg Acc) are both Government Bonds funds - IUSM.DE tracks the ICE US Treasury 7-10 Year while T1EU.DE tracks the Bloomberg US Treasury Coupons Index. Both are passively managed. Over the past 5 years, IUSM.DE returned -0.68%/yr vs 1.40%/yr for T1EU.DE. At a 0.10 correlation, their price movements are largely independent. IUSM.DE charges 0.07%/yr vs 0.10%/yr for T1EU.DE.
Performance
IUSM.DE vs. T1EU.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IUSM.DE achieves a 2.15% return, which is significantly higher than T1EU.DE's 0.85% return.
IUSM.DE
- 1D
- 0.22%
- 1M
- 1.20%
- 6M
- 1.12%
- YTD
- 2.15%
- 1Y
- 5.50%
- 3Y*
- 2.21%
- 5Y*
- -0.68%
- 10Y*
- 0.30%
T1EU.DE
- 1D
- 0.00%
- 1M
- 0.14%
- 6M
- 0.81%
- YTD
- 0.85%
- 1Y
- 1.84%
- 3Y*
- 2.69%
- 5Y*
- 1.40%
- 10Y*
- —
IUSM.DE vs. T1EU.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
IUSM.DE iShares USD Treasury Bond 7-10yr UCITS ETF (Dist) | 2.15% | -3.56% | 5.27% | 0.00% | -9.60% | 5.10% | -10.00% |
T1EU.DE Invesco US Treasury Bond 0-1 Year UCITS ETF EUR Hdg Acc | 0.85% | 2.00% | 3.48% | 2.83% | -1.53% | -0.93% | -0.47% |
Correlation
The correlation between IUSM.DE and T1EU.DE is 0.04, 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 | 0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.10 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Mar 30, 2020 | 0.10 |
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
IUSM.DE vs. T1EU.DE — Risk / Return Rank
IUSM.DE
T1EU.DE
IUSM.DE vs. T1EU.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares USD Treasury Bond 7-10yr UCITS ETF (Dist) (IUSM.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.
| IUSM.DE | T1EU.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.32 | ||
| Sortino ratioReturn per unit of downside risk | -0.43 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.35 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | 1.23 | 3.62 | -2.39 |
| Martin ratioReturn relative to average drawdown | 3.15 | 17.64 | -14.50 |
Loading charts...
Drawdowns
IUSM.DE vs. T1EU.DE - Drawdown Comparison
The maximum IUSM.DE drawdown since its inception was -21.00%, 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 IUSM.DE and T1EU.DE.
Loading charts...
Drawdown Indicators
| IUSM.DE | T1EU.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.00% | -3.20% | -17.80% |
Max Drawdown (1Y)Largest decline over 1 year | -4.45% | -0.51% | -3.94% |
Max Drawdown (3Y)Largest decline over 3 years | -10.66% | -0.51% | -10.15% |
Max Drawdown (5Y)Largest decline over 5 years | -15.56% | -2.36% | -13.20% |
Max Drawdown (10Y)Largest decline over 10 years | -21.00% | — | — |
Current DrawdownCurrent decline from peak | -14.59% | 0.00% | -14.59% |
Average DrawdownAverage peak-to-trough decline | -9.61% | -0.85% | -8.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.74% | 0.10% | +1.64% |
Volatility
IUSM.DE vs. T1EU.DE - Volatility Comparison
iShares USD Treasury Bond 7-10yr UCITS ETF (Dist) (IUSM.DE) has a higher volatility of 1.66% compared to Invesco US Treasury Bond 0-1 Year UCITS ETF EUR Hdg Acc (T1EU.DE) at 0.06%. This indicates that IUSM.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.
Loading charts...
Volatility by Period
| IUSM.DE | T1EU.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.66% | 0.06% | +1.60% |
Volatility (6M)Calculated over the trailing 6-month period | 4.00% | 1.05% | +2.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.77% | 1.44% | +4.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.93% | 0.81% | +8.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.18% | 0.73% | +7.45% |
IUSM.DE vs. T1EU.DE - Expense Ratio Comparison
IUSM.DE has a 0.07% expense ratio, which is lower than T1EU.DE's 0.10% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
IUSM.DE vs. T1EU.DE - Dividend Comparison
IUSM.DE's dividend yield for the trailing twelve months is around 4.26%, while T1EU.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IUSM.DE iShares USD Treasury Bond 7-10yr UCITS ETF (Dist) | 4.26% | 4.25% | 3.91% | 3.15% | 2.01% | 1.12% | 1.71% | 2.49% | 2.39% | 2.07% | 1.85% | 2.03% |
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
IUSM.DE and T1EU.DE have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IUSM.DE is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IUSM.DE is cheaper with a 0.07% expense ratio, compared with 0.10% for T1EU.DE.
IUSM.DE tracks ICE US Treasury 7-10 Year, while T1EU.DE tracks Bloomberg US Treasury Coupons Index. They also come from different issuers: iShares and Invesco. Their fees differ too: 0.07% for IUSM.DE and 0.10% for T1EU.DE.
Find the right allocation for IUSM.DE and T1EU.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