MDBA.DE vs. 2B7S.DE
MDBA.DE (UBS ETF (LU) Sustainable Development Bank Bonds UCITS ETF (USD) Acc) and 2B7S.DE (iShares $ Treasury Bond 1-3yr UCITS ETF EUR Hedged Acc) are both Government Bonds funds - MDBA.DE tracks the Solactive UBS Global Multilateral Development Bank Bond USD 25% Issuer Capped while 2B7S.DE tracks the ICE US Treasury 1-3 Year (EUR Hedged) Index. Both are passively managed. Over the past 5 years, MDBA.DE returned 1.90%/yr vs -0.00%/yr for 2B7S.DE. At a 0.04 correlation, their price movements are largely independent. MDBA.DE charges 0.15%/yr vs 0.10%/yr for 2B7S.DE.
Performance
MDBA.DE vs. 2B7S.DE - Performance Comparison
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Returns By Period
In the year-to-date period, MDBA.DE achieves a 1.20% return, which is significantly higher than 2B7S.DE's -0.08% return.
MDBA.DE
- 1D
- 0.00%
- 1M
- 0.73%
- YTD
- 1.20%
- 6M
- 0.67%
- 1Y
- 1.63%
- 3Y*
- 1.12%
- 5Y*
- 1.90%
- 10Y*
- —
2B7S.DE
- 1D
- 0.09%
- 1M
- -0.02%
- YTD
- -0.08%
- 6M
- -0.01%
- 1Y
- 1.30%
- 3Y*
- 2.30%
- 5Y*
- -0.00%
- 10Y*
- —
MDBA.DE vs. 2B7S.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
MDBA.DE UBS ETF (LU) Sustainable Development Bank Bonds UCITS ETF (USD) Acc | 1.20% | -5.19% | 8.65% | 0.89% | -1.84% | 3.47% |
2B7S.DE iShares $ Treasury Bond 1-3yr UCITS ETF EUR Hedged Acc | -0.08% | 2.92% | 2.36% | 1.95% | -5.70% | -1.18% |
Correlation
The correlation between MDBA.DE and 2B7S.DE is -0.13, 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 | -0.13 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.01 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.04 |
Correlation (All Time) Calculated using the full available price history since Apr 6, 2021 | 0.04 |
The correlation between MDBA.DE and 2B7S.DE shifts across timeframes, from -0.13 (1 year) to 0.04 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
MDBA.DE vs. 2B7S.DE — Risk / Return Rank
MDBA.DE
2B7S.DE
MDBA.DE vs. 2B7S.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for UBS ETF (LU) Sustainable Development Bank Bonds UCITS ETF (USD) Acc (MDBA.DE) and iShares $ Treasury Bond 1-3yr UCITS ETF EUR Hedged Acc (2B7S.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.
| MDBA.DE | 2B7S.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.70 | ||
| Sortino ratioReturn per unit of downside risk | -1.02 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.18 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 0.43 | 1.51 | -1.09 |
| Martin ratioReturn relative to average drawdown | 1.04 | 4.17 | -3.13 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| MDBA.DE | 2B7S.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.31 | 1.00 | -0.70 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.26 | -0.00 | +0.26 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.24 | -0.00 | +0.24 |
Drawdowns
MDBA.DE vs. 2B7S.DE - Drawdown Comparison
The maximum MDBA.DE drawdown since its inception was -12.17%, which is greater than 2B7S.DE's maximum drawdown of -7.76%. Use the drawdown chart below to compare losses from any high point for MDBA.DE and 2B7S.DE.
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Drawdown Indicators
| MDBA.DE | 2B7S.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.17% | -7.76% | -4.41% |
Max Drawdown (1Y)Largest decline over 1 year | -3.81% | -0.85% | -2.96% |
Max Drawdown (3Y)Largest decline over 3 years | -10.11% | -1.14% | -8.97% |
Max Drawdown (5Y)Largest decline over 5 years | -12.02% | -7.72% | -4.30% |
Current DrawdownCurrent decline from peak | -6.13% | -0.58% | -5.55% |
Average DrawdownAverage peak-to-trough decline | -5.56% | -3.30% | -2.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.55% | 0.31% | +1.24% |
Volatility
MDBA.DE vs. 2B7S.DE - Volatility Comparison
UBS ETF (LU) Sustainable Development Bank Bonds UCITS ETF (USD) Acc (MDBA.DE) has a higher volatility of 0.85% compared to iShares $ Treasury Bond 1-3yr UCITS ETF EUR Hedged Acc (2B7S.DE) at 0.47%. This indicates that MDBA.DE's price experiences larger fluctuations and is considered to be riskier than 2B7S.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MDBA.DE | 2B7S.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.85% | 0.47% | +0.38% |
Volatility (6M)Calculated over the trailing 6-month period | 3.65% | 0.92% | +2.73% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.31% | 1.29% | +4.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.26% | 1.99% | +5.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.03% | 1.96% | +5.07% |
MDBA.DE vs. 2B7S.DE - Expense Ratio Comparison
MDBA.DE has a 0.15% expense ratio, which is higher than 2B7S.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
MDBA.DE vs. 2B7S.DE - Dividend Comparison
Neither MDBA.DE nor 2B7S.DE has paid dividends to shareholders.
Frequently Asked Questions
MDBA.DE and 2B7S.DE have a correlation of -0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, 2B7S.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
2B7S.DE is cheaper with a 0.10% expense ratio, compared with 0.15% for MDBA.DE.
MDBA.DE tracks Solactive UBS Global Multilateral Development Bank Bond USD 25% Issuer Capped, while 2B7S.DE tracks ICE US Treasury 1-3 Year (EUR Hedged) Index. They also come from different issuers: UBS and iShares. Their fees differ too: 0.15% for MDBA.DE and 0.10% for 2B7S.DE.
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