SPP7.DE vs. MDBA.DE
SPP7.DE (SPDR Bloomberg 7-10 Year US Treasury Bond UCITS ETF) and MDBA.DE (UBS ETF (LU) Sustainable Development Bank Bonds UCITS ETF (USD) Acc) are both Government Bonds funds - SPP7.DE tracks the Bloomberg US 7-10 Year Treasury Bond while MDBA.DE tracks the Solactive UBS Global Multilateral Development Bank Bond USD 25% Issuer Capped. Both are passively managed. Over the past 5 years, SPP7.DE returned 0.17%/yr vs 1.90%/yr for MDBA.DE. A 0.79 correlation means they provide meaningful diversification when combined. Both charge a 0.15% expense ratio.
Performance
SPP7.DE vs. MDBA.DE - Performance Comparison
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Returns By Period
In the year-to-date period, SPP7.DE achieves a 0.25% return, which is significantly lower than MDBA.DE's 1.20% return.
SPP7.DE
- 1D
- 0.01%
- 1M
- 0.57%
- YTD
- 0.25%
- 6M
- -0.49%
- 1Y
- 1.93%
- 3Y*
- -0.11%
- 5Y*
- 0.17%
- 10Y*
- 0.60%
MDBA.DE
- 1D
- 0.00%
- 1M
- 0.73%
- YTD
- 1.20%
- 6M
- 0.67%
- 1Y
- 1.63%
- 3Y*
- 1.12%
- 5Y*
- 1.90%
- 10Y*
- —
SPP7.DE vs. MDBA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
SPP7.DE SPDR Bloomberg 7-10 Year US Treasury Bond UCITS ETF | 0.25% | -3.30% | 5.21% | 1.24% | -9.75% | 4.98% | -0.10% | 11.45% | 1.88% |
MDBA.DE UBS ETF (LU) Sustainable Development Bank Bonds UCITS ETF (USD) Acc | 1.20% | -5.19% | 8.65% | 0.89% | -1.84% | 6.67% | -4.47% | 7.64% | 0.37% |
Correlation
The correlation between SPP7.DE and MDBA.DE is 0.86, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.86 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.81 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.80 |
Correlation (All Time) Calculated using the full available price history since Nov 15, 2018 | 0.79 |
The correlation between SPP7.DE and MDBA.DE has been stable across timeframes, ranging from 0.79 to 0.86 - a consistent structural relationship.
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Return for Risk
SPP7.DE vs. MDBA.DE — Risk / Return Rank
SPP7.DE
MDBA.DE
SPP7.DE vs. MDBA.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Bloomberg 7-10 Year US Treasury Bond UCITS ETF (SPP7.DE) and UBS ETF (LU) Sustainable Development Bank Bonds UCITS ETF (USD) Acc (MDBA.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.
| SPP7.DE | MDBA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.02 | ||
| Sortino ratioReturn per unit of downside risk | +0.04 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.05 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 0.44 | 0.43 | +0.02 |
| Martin ratioReturn relative to average drawdown | 1.13 | 1.04 | +0.09 |
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
| SPP7.DE | MDBA.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.33 | 0.31 | +0.02 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.02 | 0.26 | -0.24 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.07 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.05 | 0.24 | -0.19 |
Drawdowns
SPP7.DE vs. MDBA.DE - Drawdown Comparison
The maximum SPP7.DE drawdown since its inception was -20.31%, which is greater than MDBA.DE's maximum drawdown of -12.17%. Use the drawdown chart below to compare losses from any high point for SPP7.DE and MDBA.DE.
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Drawdown Indicators
| SPP7.DE | MDBA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.31% | -12.17% | -8.14% |
Max Drawdown (1Y)Largest decline over 1 year | -4.35% | -3.81% | -0.54% |
Max Drawdown (3Y)Largest decline over 3 years | -10.58% | -10.11% | -0.47% |
Max Drawdown (5Y)Largest decline over 5 years | -14.56% | -12.02% | -2.54% |
Max Drawdown (10Y)Largest decline over 10 years | -20.31% | — | — |
Current DrawdownCurrent decline from peak | -15.29% | -6.13% | -9.16% |
Average DrawdownAverage peak-to-trough decline | -10.62% | -5.56% | -5.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.69% | 1.55% | +0.14% |
Volatility
SPP7.DE vs. MDBA.DE - Volatility Comparison
SPDR Bloomberg 7-10 Year US Treasury Bond UCITS ETF (SPP7.DE) has a higher volatility of 1.06% compared to UBS ETF (LU) Sustainable Development Bank Bonds UCITS ETF (USD) Acc (MDBA.DE) at 0.85%. This indicates that SPP7.DE's price experiences larger fluctuations and is considered to be riskier than MDBA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SPP7.DE | MDBA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.06% | 0.85% | +0.21% |
Volatility (6M)Calculated over the trailing 6-month period | 4.11% | 3.65% | +0.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.82% | 5.31% | +0.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.14% | 7.26% | +1.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.49% | 7.03% | +1.46% |
SPP7.DE vs. MDBA.DE - Expense Ratio Comparison
Both SPP7.DE and MDBA.DE have an expense ratio of 0.15%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
SPP7.DE vs. MDBA.DE - Dividend Comparison
SPP7.DE's dividend yield for the trailing twelve months is around 4.07%, while MDBA.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
MDBA.DE UBS ETF (LU) Sustainable Development Bank Bonds UCITS ETF (USD) Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPP7.DE SPDR Bloomberg 7-10 Year US Treasury Bond UCITS ETF | 4.07% | 4.20% | 3.47% | 4.07% | 1.66% | 0.97% | 1.69% | 2.33% | 1.98% | 1.99% | 0.70% |
Frequently Asked Questions
SPP7.DE and MDBA.DE have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.15% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
SPP7.DE and MDBA.DE have the same expense ratio: 0.15% per year.
SPP7.DE tracks Bloomberg US 7-10 Year Treasury Bond, while MDBA.DE tracks Solactive UBS Global Multilateral Development Bank Bond USD 25% Issuer Capped. They also come from different issuers: State Street and UBS.
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