SPP7.DE vs. SXRL.DE
SPP7.DE (SPDR Bloomberg 7-10 Year US Treasury Bond UCITS ETF) and SXRL.DE (iShares USD Treasury Bond 3-7yr UCITS ETF (Acc)) are both Government Bonds funds - SPP7.DE tracks the Bloomberg US 7-10 Year Treasury Bond while SXRL.DE tracks the ICE US Treasury 3-7 Year. Both are passively managed. Over the past 10 years, SPP7.DE returned 0.60%/yr vs 1.16%/yr for SXRL.DE. A 0.77 correlation means they provide meaningful diversification when combined. SPP7.DE charges 0.15%/yr vs 0.07%/yr for SXRL.DE.
Performance
SPP7.DE vs. SXRL.DE - Performance Comparison
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Different Trading Currencies
SPP7.DE is traded in EUR, while SXRL.DE is traded in USD. To make them comparable, the SXRL.DE values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, SPP7.DE achieves a 0.25% return, which is significantly lower than SXRL.DE's 0.83% return. Over the past 10 years, SPP7.DE has underperformed SXRL.DE with an annualized return of 0.60%, while SXRL.DE has yielded a comparatively higher 1.16% annualized 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%
SXRL.DE
- 1D
- 0.06%
- 1M
- 0.58%
- YTD
- 0.83%
- 6M
- 0.17%
- 1Y
- 1.49%
- 3Y*
- 0.96%
- 5Y*
- 1.32%
- 10Y*
- 1.16%
SPP7.DE vs. SXRL.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
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% | 5.07% | -9.83% |
SXRL.DE iShares USD Treasury Bond 3-7yr UCITS ETF (Acc) | 0.83% | -4.82% | 8.08% | 1.19% | -4.08% | 6.09% | -2.60% | 8.44% | 5.99% | -11.17% |
Correlation
The correlation between SPP7.DE and SXRL.DE is 0.72, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.72 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.77 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.78 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.76 |
Correlation (All Time) Calculated using the full available price history since Feb 19, 2016 | 0.77 |
The correlation between SPP7.DE and SXRL.DE has been stable across timeframes, ranging from 0.72 to 0.78 - a consistent structural relationship.
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Return for Risk
SPP7.DE vs. SXRL.DE — Risk / Return Rank
SPP7.DE
SXRL.DE
SPP7.DE vs. SXRL.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 iShares USD Treasury Bond 3-7yr UCITS ETF (Acc) (SXRL.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 | SXRL.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.07 | ||
| Sortino ratioReturn per unit of downside risk | +0.11 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.05 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 0.44 | 0.33 | +0.11 |
| Martin ratioReturn relative to average drawdown | 1.13 | 0.91 | +0.22 |
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 | SXRL.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.33 | 0.26 | +0.07 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.02 | 0.17 | -0.15 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.07 | 0.15 | -0.08 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.05 | 0.42 | -0.37 |
Drawdowns
SPP7.DE vs. SXRL.DE - Drawdown Comparison
The maximum SPP7.DE drawdown since its inception was -20.31%, which is greater than SXRL.DE's maximum drawdown of -17.10%. Use the drawdown chart below to compare losses from any high point for SPP7.DE and SXRL.DE.
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Drawdown Indicators
| SPP7.DE | SXRL.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.31% | -17.10% | -3.21% |
Max Drawdown (1Y)Largest decline over 1 year | -4.35% | -4.47% | +0.12% |
Max Drawdown (3Y)Largest decline over 3 years | -10.58% | -10.19% | -0.39% |
Max Drawdown (5Y)Largest decline over 5 years | -14.56% | -12.16% | -2.40% |
Max Drawdown (10Y)Largest decline over 10 years | -20.31% | -17.10% | -3.21% |
Current DrawdownCurrent decline from peak | -15.29% | -6.47% | -8.82% |
Average DrawdownAverage peak-to-trough decline | -10.62% | -6.64% | -3.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.69% | 1.62% | +0.07% |
Volatility
SPP7.DE vs. SXRL.DE - Volatility Comparison
SPDR Bloomberg 7-10 Year US Treasury Bond UCITS ETF (SPP7.DE) and iShares USD Treasury Bond 3-7yr UCITS ETF (Acc) (SXRL.DE) have volatilities of 1.06% and 1.04%, 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
| SPP7.DE | SXRL.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.06% | 1.04% | +0.02% |
Volatility (6M)Calculated over the trailing 6-month period | 4.11% | 4.27% | -0.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.82% | 5.77% | +0.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.14% | 7.84% | +1.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.49% | 7.61% | +0.88% |
SPP7.DE vs. SXRL.DE - Expense Ratio Comparison
SPP7.DE has a 0.15% expense ratio, which is higher than SXRL.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
SPP7.DE vs. SXRL.DE - Dividend Comparison
SPP7.DE's dividend yield for the trailing twelve months is around 4.07%, while SXRL.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
SXRL.DE iShares USD Treasury Bond 3-7yr UCITS ETF (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
SPP7.DE and SXRL.DE have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SXRL.DE is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SXRL.DE is cheaper with a 0.07% expense ratio, compared with 0.15% for SPP7.DE.
SPP7.DE tracks Bloomberg US 7-10 Year Treasury Bond, while SXRL.DE tracks ICE US Treasury 3-7 Year. They also come from different issuers: State Street and iShares. Their fees differ too: 0.15% for SPP7.DE and 0.07% for SXRL.DE.
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