PJSR.DE vs. IUSU.DE

Last updated Apr 2, 2026

Compare and contrast key facts about PIMCO Euro Short Maturity UCITS ETF EUR Accumulation (PJSR.DE) and iShares $ Treasury Bond 1-3yr UCITS ETF USD (Dist) (IUSU.DE).

PJSR.DE and IUSU.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PJSR.DE is an actively managed fund by PIMCO. It was launched on Jan 11, 2011. IUSU.DE is a passively managed fund by iShares that tracks the performance of the Bloomberg US Government TR USD. It was launched on Mar 28, 2024.

Performance

PJSR.DE vs. IUSU.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in PIMCO Euro Short Maturity UCITS ETF EUR Accumulation (PJSR.DE) and iShares $ Treasury Bond 1-3yr UCITS ETF USD (Dist) (IUSU.DE). The values are adjusted to include any dividend payments, if applicable.

PJSR.DE vs. IUSU.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PJSR.DE PIMCO Euro Short Maturity UCITS ETF EUR Accumulation	0.22%	2.85%	4.36%	3.97%	-2.27%	-0.58%	-0.25%	-0.12%	-1.38%	-0.12%
IUSU.DE iShares $ Treasury Bond 1-3yr UCITS ETF USD (Dist)	1.30%	-6.89%	9.65%	0.49%	2.10%	7.62%	-6.25%	5.81%	5.83%	-11.93%

Returns By Period

In the year-to-date period, PJSR.DE achieves a 0.22% return, which is significantly lower than IUSU.DE's 1.30% return. Over the past 10 years, PJSR.DE has underperformed IUSU.DE with an annualized return of 0.64%, while IUSU.DE has yielded a comparatively higher 1.31% annualized return.

PJSR.DE

• 1D: 0.02%
• 1M: -0.30%
• YTD: 0.22%
• 6M: 0.77%
• 1Y: 2.20%
• 3Y*: 3.50%
• 5Y*: 1.71%
• 10Y*: 0.64%

IUSU.DE

• 1D: -0.73%
• 1M: 0.03%
• YTD: 1.30%
• 6M: 2.08%
• 1Y: -4.05%
• 3Y*: 1.41%
• 5Y*: 1.82%
• 10Y*: 1.31%

*Multi-year figures are annualized to reflect compound growth (CAGR)

PJSR.DE vs. IUSU.DE - Expense Ratio Comparison

PJSR.DE has a 0.19% expense ratio, which is higher than IUSU.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%.

PJSR.DE

PIMCO Euro Short Maturity UCITS ETF EUR Accumulation

IUSU.DE

iShares $ Treasury Bond 1-3yr UCITS ETF USD (Dist)

Return for Risk

PJSR.DE vs. IUSU.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PJSR.DE

PJSR.DE Risk / Return Rank: 98
PJSR.DE Sharpe Ratio Rank: 98
PJSR.DE Sortino Ratio Rank: 99
PJSR.DE Omega Ratio Rank: 99
PJSR.DE Calmar Ratio Rank: 97
PJSR.DE Martin Ratio Rank: 98

IUSU.DE

IUSU.DE Risk / Return Rank: 4
IUSU.DE Sharpe Ratio Rank: 3
IUSU.DE Sortino Ratio Rank: 3
IUSU.DE Omega Ratio Rank: 3
IUSU.DE Calmar Ratio Rank: 4
IUSU.DE Martin Ratio Rank: 6

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PJSR.DE vs. IUSU.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PIMCO Euro Short Maturity UCITS ETF EUR Accumulation (PJSR.DE) and iShares $ Treasury Bond 1-3yr UCITS ETF USD (Dist) (IUSU.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.

	PJSR.DE	IUSU.DE	Difference
Sharpe ratio Return per unit of total volatility	4.09	-0.59	+4.68
Sortino ratio Return per unit of downside risk	6.42	-0.75	+7.17
Omega ratio Gain probability vs. loss probability	2.06	0.91	+1.15
Calmar ratio Return relative to maximum drawdown	5.56	-0.52	+6.08
Martin ratio Return relative to average drawdown	27.77	-0.78	+28.55
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PJSR.DE vs. IUSU.DE - Sharpe Ratio Comparison

The current PJSR.DE Sharpe Ratio is 4.09, which is higher than the IUSU.DE Sharpe Ratio of -0.59. The chart below compares the historical Sharpe Ratios of PJSR.DE and IUSU.DE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	PJSR.DE	IUSU.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	4.09	-0.59	+4.68
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	3.17	0.25	+2.92
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.97	0.19	+0.78
Sharpe Ratio (All Time) Calculated using the full available price history	0.88	0.20	+0.68

Correlation

The correlation between PJSR.DE and IUSU.DE is -0.00. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Dividends

PJSR.DE vs. IUSU.DE - Dividend Comparison

PJSR.DE has not paid dividends to shareholders, while IUSU.DE's dividend yield for the trailing twelve months is around 3.44%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PJSR.DE PIMCO Euro Short Maturity UCITS ETF EUR Accumulation	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
IUSU.DE iShares $ Treasury Bond 1-3yr UCITS ETF USD (Dist)	3.44%	3.85%	3.69%	2.90%	0.75%	0.51%	1.62%	2.07%	1.26%	0.89%	0.62%	0.24%

Drawdowns

PJSR.DE vs. IUSU.DE - Drawdown Comparison

The maximum PJSR.DE drawdown since its inception was -5.63%, smaller than the maximum IUSU.DE drawdown of -19.29%. Use the drawdown chart below to compare losses from any high point for PJSR.DE and IUSU.DE.

Drawdown Indicators

	PJSR.DE	IUSU.DE	Difference
Max Drawdown Largest peak-to-trough decline	-5.63%	-19.29%	+13.66%
Max Drawdown (1Y) Largest decline over 1 year	-0.39%	-6.97%	+6.58%
Max Drawdown (5Y) Largest decline over 5 years	-3.49%	-12.54%	+9.05%
Max Drawdown (10Y) Largest decline over 10 years	-5.60%	-16.83%	+11.23%
Current Drawdown Current decline from peak	-0.31%	-7.77%	+7.46%
Average Drawdown Average peak-to-trough decline	-1.41%	-7.43%	+6.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.08%	4.50%	-4.42%

Volatility

PJSR.DE vs. IUSU.DE - Volatility Comparison

The current volatility for PIMCO Euro Short Maturity UCITS ETF EUR Accumulation (PJSR.DE) is 0.23%, while iShares $ Treasury Bond 1-3yr UCITS ETF USD (Dist) (IUSU.DE) has a volatility of 2.03%. This indicates that PJSR.DE experiences smaller price fluctuations and is considered to be less risky than IUSU.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PJSR.DE	IUSU.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.23%	2.03%	-1.80%
Volatility (6M) Calculated over the trailing 6-month period	0.34%	3.97%	-3.63%
Volatility (1Y) Calculated over the trailing 1-year period	0.54%	6.80%	-6.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.53%	7.21%	-6.68%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.65%	6.96%	-6.31%