NADB.DE vs. BBLL.DE
NADB.DE (Amundi Euro Government Bond 10-15Y UCITS ETF (Dist)) and BBLL.DE (JPMorgan BetaBuilders US Treasury Bond 0-1 yr UCITS ETF USD (Acc)) are both Government Bonds funds - NADB.DE tracks the Bloomberg Euro Treasury 50bn 10-15 Year Bond Index while BBLL.DE tracks the ICE US Treasury 0-1 Year Index. Both are passively managed. Over the past 5 years, NADB.DE returned -3.45%/yr vs 4.14%/yr for BBLL.DE. At a correlation of -0.11, they often move in opposite directions. NADB.DE charges 0.15%/yr vs 0.07%/yr for BBLL.DE.
Performance
NADB.DE vs. BBLL.DE - Performance Comparison
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Returns By Period
In the year-to-date period, NADB.DE achieves a 1.02% return, which is significantly lower than BBLL.DE's 4.60% return.
NADB.DE
- 1D
- -0.07%
- 1M
- 0.85%
- 6M
- 1.51%
- YTD
- 1.02%
- 1Y
- 1.09%
- 3Y*
- 3.02%
- 5Y*
- -3.45%
- 10Y*
- —
BBLL.DE
- 1D
- 0.10%
- 1M
- 1.78%
- 6M
- 4.43%
- YTD
- 4.60%
- 1Y
- 6.79%
- 3Y*
- 2.95%
- 5Y*
- 4.14%
- 10Y*
- —
NADB.DE vs. BBLL.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
NADB.DE Amundi Euro Government Bond 10-15Y UCITS ETF (Dist) | 1.02% | 0.65% | 1.08% | 10.32% | -25.16% | -4.32% | 2.06% |
BBLL.DE JPMorgan BetaBuilders US Treasury Bond 0-1 yr UCITS ETF USD (Acc) | 4.60% | -7.36% | 11.29% | 1.33% | 7.29% | 8.35% | -3.61% |
Correlation
The correlation between NADB.DE and BBLL.DE is -0.29, 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 | -0.29 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.19 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.14 |
Correlation (All Time) Calculated using the full available price history since Sep 17, 2020 | -0.11 |
The correlation between NADB.DE and BBLL.DE shifts across timeframes, from -0.29 (1 year) to -0.11 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
NADB.DE vs. BBLL.DE — Risk / Return Rank
NADB.DE
BBLL.DE
NADB.DE vs. BBLL.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi Euro Government Bond 10-15Y UCITS ETF (Dist) (NADB.DE) and JPMorgan BetaBuilders US Treasury Bond 0-1 yr UCITS ETF USD (Acc) (BBLL.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.
| NADB.DE | BBLL.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.95 | ||
| Sortino ratioReturn per unit of downside risk | -1.35 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 1.20 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | 0.21 | 2.00 | -1.79 |
| Martin ratioReturn relative to average drawdown | 0.56 | 4.74 | -4.18 |
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Drawdowns
NADB.DE vs. BBLL.DE - Drawdown Comparison
The maximum NADB.DE drawdown since its inception was -30.03%, which is greater than BBLL.DE's maximum drawdown of -17.24%. Use the drawdown chart below to compare losses from any high point for NADB.DE and BBLL.DE.
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Drawdown Indicators
| NADB.DE | BBLL.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.03% | -17.24% | -12.79% |
Max Drawdown (1Y)Largest decline over 1 year | -5.10% | -3.38% | -1.72% |
Max Drawdown (3Y)Largest decline over 3 years | -6.93% | -11.65% | +4.72% |
Max Drawdown (5Y)Largest decline over 5 years | -29.32% | -11.65% | -17.67% |
Current DrawdownCurrent decline from peak | -19.15% | -5.47% | -13.68% |
Average DrawdownAverage peak-to-trough decline | -17.33% | -8.30% | -9.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.94% | 1.43% | +0.51% |
Volatility
NADB.DE vs. BBLL.DE - Volatility Comparison
Amundi Euro Government Bond 10-15Y UCITS ETF (Dist) (NADB.DE) and JPMorgan BetaBuilders US Treasury Bond 0-1 yr UCITS ETF USD (Acc) (BBLL.DE) have volatilities of 1.64% and 1.69%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NADB.DE | BBLL.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.64% | 1.69% | -0.05% |
Volatility (6M)Calculated over the trailing 6-month period | 5.24% | 4.30% | +0.94% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.39% | 6.06% | +0.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.14% | 7.45% | +1.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.64% | 8.27% | +0.37% |
NADB.DE vs. BBLL.DE - Expense Ratio Comparison
NADB.DE has a 0.15% expense ratio, which is higher than BBLL.DE's 0.07% 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
NADB.DE vs. BBLL.DE - Dividend Comparison
NADB.DE's dividend yield for the trailing twelve months is around 2.63%, while BBLL.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
BBLL.DE JPMorgan BetaBuilders US Treasury Bond 0-1 yr UCITS ETF USD (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NADB.DE Amundi Euro Government Bond 10-15Y UCITS ETF (Dist) | 2.63% | 2.66% | 2.37% | 2.10% | 2.86% | 2.20% | 0.93% |
Frequently Asked Questions
NADB.DE and BBLL.DE have a correlation of -0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, BBLL.DE is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
BBLL.DE is cheaper with a 0.07% expense ratio, compared with 0.15% for NADB.DE.
NADB.DE tracks Bloomberg Euro Treasury 50bn 10-15 Year Bond Index, while BBLL.DE tracks ICE US Treasury 0-1 Year Index. They also come from different issuers: Amundi and JPMorgan. Their fees differ too: 0.15% for NADB.DE and 0.07% for BBLL.DE.
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