SBU3.DE vs. IEF

Last updated Apr 3, 2026

Compare and contrast key facts about WisdomTree Bund 10Y 3x Daily Short (SBU3.DE) and iShares 7-10 Year Treasury Bond ETF (IEF).

SBU3.DE and IEF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SBU3.DE is a passively managed fund by WisdomTree that tracks the performance of the BNP Paribas Bund 10Y Rolling Future Short Leverage (-3x) index. It was launched on Aug 1, 2014. IEF is a passively managed fund by iShares that tracks the performance of the Barclays Capital U.S. 7-10 Year Treasury Bond Index. It was launched on Jul 26, 2002. Both SBU3.DE and IEF are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

SBU3.DE vs. IEF - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in WisdomTree Bund 10Y 3x Daily Short (SBU3.DE) and iShares 7-10 Year Treasury Bond ETF (IEF). The values are adjusted to include any dividend payments, if applicable.

SBU3.DE vs. IEF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SBU3.DE WisdomTree Bund 10Y 3x Daily Short	1.93%	8.28%	14.07%	-14.50%	75.74%	3.46%	-14.45%	-15.59%	-13.49%	-5.40%
IEF iShares 7-10 Year Treasury Bond ETF	1.82%	-4.79%	5.92%	0.53%	-9.90%	3.90%	0.94%	10.47%	5.73%	-10.05%

Different Trading Currencies

SBU3.DE is traded in EUR, while IEF is traded in USD. To make them comparable, the IEF values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, SBU3.DE achieves a 1.93% return, which is significantly higher than IEF's 1.31% return. Over the past 10 years, SBU3.DE has outperformed IEF with an annualized return of 0.72%, while IEF has yielded a comparatively lower 0.61% annualized return.

SBU3.DE

• 1D: -0.10%
• 1M: 5.70%
• YTD: 1.93%
• 6M: 5.48%
• 1Y: 2.92%
• 3Y*: 6.41%
• 5Y*: 13.39%
• 10Y*: 0.72%

IEF

• 1D: 0.00%
• 1M: -1.33%
• YTD: 1.31%
• 6M: 1.58%
• 1Y: -3.03%
• 3Y*: 0.06%
• 5Y*: -0.42%
• 10Y*: 0.61%

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

SBU3.DE vs. IEF - Expense Ratio Comparison

SBU3.DE has a 0.30% expense ratio, which is higher than IEF's 0.15% expense ratio.

SBU3.DE

WisdomTree Bund 10Y 3x Daily Short

IEF

iShares 7-10 Year Treasury Bond ETF

Return for Risk

SBU3.DE vs. IEF — Risk / Return Rank

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

SBU3.DE

SBU3.DE Risk / Return Rank: 18
SBU3.DE Sharpe Ratio Rank: 17
SBU3.DE Sortino Ratio Rank: 16
SBU3.DE Omega Ratio Rank: 15
SBU3.DE Calmar Ratio Rank: 24
SBU3.DE Martin Ratio Rank: 21

IEF

IEF Risk / Return Rank: 32
IEF Sharpe Ratio Rank: 34
IEF Sortino Ratio Rank: 33
IEF Omega Ratio Rank: 28
IEF Calmar Ratio Rank: 37
IEF Martin Ratio Rank: 28

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.

SBU3.DE vs. IEF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Bund 10Y 3x Daily Short (SBU3.DE) and iShares 7-10 Year Treasury Bond ETF (IEF). 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.

	SBU3.DE	IEF	Difference
Sharpe ratio Return per unit of total volatility	0.23	-0.37	+0.60
Sortino ratio Return per unit of downside risk	0.43	-0.44	+0.87
Omega ratio Gain probability vs. loss probability	1.05	0.94	+0.11
Calmar ratio Return relative to maximum drawdown	0.71	-0.44	+1.15
Martin ratio Return relative to average drawdown	1.77	-0.72	+2.49
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SBU3.DE vs. IEF - Sharpe Ratio Comparison

The current SBU3.DE Sharpe Ratio is 0.23, which is higher than the IEF Sharpe Ratio of -0.37. The chart below compares the historical Sharpe Ratios of SBU3.DE and IEF, 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

	SBU3.DE	IEF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.23	-0.37	+0.60
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.60	-0.05	+0.64
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.04	0.07	-0.03
Sharpe Ratio (All Time) Calculated using the full available price history	-0.16	0.38	-0.54

Correlation

The correlation between SBU3.DE and IEF is -0.47. 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

SBU3.DE vs. IEF - Dividend Comparison

SBU3.DE has not paid dividends to shareholders, while IEF's dividend yield for the trailing twelve months is around 3.84%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SBU3.DE WisdomTree Bund 10Y 3x Daily Short	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
IEF iShares 7-10 Year Treasury Bond ETF	3.84%	3.77%	3.62%	2.91%	1.96%	0.83%	1.08%	2.08%	2.24%	1.82%	1.81%	1.90%

Drawdowns

SBU3.DE vs. IEF - Drawdown Comparison

The maximum SBU3.DE drawdown since its inception was -64.58%, which is greater than IEF's maximum drawdown of -21.59%. Use the drawdown chart below to compare losses from any high point for SBU3.DE and IEF.

Drawdown Indicators

	SBU3.DE	IEF	Difference
Max Drawdown Largest peak-to-trough decline	-64.58%	-23.93%	-40.65%
Max Drawdown (1Y) Largest decline over 1 year	-7.13%	-3.22%	-3.91%
Max Drawdown (5Y) Largest decline over 5 years	-27.87%	-21.40%	-6.47%
Max Drawdown (10Y) Largest decline over 10 years	-48.67%	-23.93%	-24.74%
Current Drawdown Current decline from peak	-28.57%	-10.75%	-17.82%
Average Drawdown Average peak-to-trough decline	-41.95%	-5.30%	-36.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.84%	1.30%	+1.54%

Volatility

SBU3.DE vs. IEF - Volatility Comparison

WisdomTree Bund 10Y 3x Daily Short (SBU3.DE) has a higher volatility of 5.62% compared to iShares 7-10 Year Treasury Bond ETF (IEF) at 2.36%. This indicates that SBU3.DE's price experiences larger fluctuations and is considered to be riskier than IEF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SBU3.DE	IEF	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.62%	2.36%	+3.26%
Volatility (6M) Calculated over the trailing 6-month period	8.15%	4.75%	+3.40%
Volatility (1Y) Calculated over the trailing 1-year period	12.80%	8.21%	+4.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.14%	9.22%	+12.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.29%	8.79%	+9.50%