SPPX.DE vs. UEFI.DE
SPPX.DE (SPDR Bloomberg 10+ Year US Treasury Bond UCITS ETF) and UEFI.DE (UBS ETF (LU) Bloomberg US 7-10 Year Treasury Bond UCITS ETF (USD) A-dis) are both Government Bonds funds - SPPX.DE tracks the Bloomberg US 10+ Year Treasury Bond while UEFI.DE tracks the Bloomberg US 7-10 Year Treasury Bond Index. Both are passively managed. Over the past 10 years, SPPX.DE returned -1.29%/yr vs 0.15%/yr for UEFI.DE. A 0.75 correlation means they provide meaningful diversification when combined. SPPX.DE charges 0.15%/yr vs 0.05%/yr for UEFI.DE.
Performance
SPPX.DE vs. UEFI.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SPPX.DE achieves a 0.87% return, which is significantly lower than UEFI.DE's 1.01% return. Over the past 10 years, SPPX.DE has underperformed UEFI.DE with an annualized return of -1.29%, while UEFI.DE has yielded a comparatively higher 0.15% annualized return.
SPPX.DE
- 1D
- 0.30%
- 1M
- 1.41%
- YTD
- 0.87%
- 6M
- -0.50%
- 1Y
- 2.52%
- 3Y*
- -3.23%
- 5Y*
- -4.30%
- 10Y*
- -1.29%
UEFI.DE
- 1D
- 0.03%
- 1M
- 0.75%
- YTD
- 1.01%
- 6M
- 0.40%
- 1Y
- 0.89%
- 3Y*
- -0.59%
- 5Y*
- -0.43%
- 10Y*
- 0.15%
SPPX.DE vs. UEFI.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SPPX.DE SPDR Bloomberg 10+ Year US Treasury Bond UCITS ETF | 0.87% | -6.01% | -0.89% | -0.77% | -24.28% | 3.04% | 6.14% | 17.91% | 2.68% | -4.61% |
UEFI.DE UBS ETF (LU) Bloomberg US 7-10 Year Treasury Bond UCITS ETF (USD) A-dis | 1.01% | -5.01% | 4.87% | -0.30% | -9.82% | 4.88% | -0.27% | 10.89% | 5.09% | -10.40% |
Correlation
The correlation between SPPX.DE and UEFI.DE is 0.54, 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 | 0.54 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.77 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.83 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.74 |
Correlation (All Time) Calculated using the full available price history since Feb 19, 2016 | 0.75 |
Over the past year, the correlation between SPPX.DE and UEFI.DE has dropped to 0.54 - well below their long-term average of 0.75, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SPPX.DE vs. UEFI.DE — Risk / Return Rank
SPPX.DE
UEFI.DE
SPPX.DE vs. UEFI.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Bloomberg 10+ Year US Treasury Bond UCITS ETF (SPPX.DE) and UBS ETF (LU) Bloomberg US 7-10 Year Treasury Bond UCITS ETF (USD) A-dis (UEFI.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.
| SPPX.DE | UEFI.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.24 | ||
| Sortino ratioReturn per unit of downside risk | +0.24 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.07 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 0.40 | 0.05 | +0.34 |
| Martin ratioReturn relative to average drawdown | 0.87 | 0.08 | +0.79 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| SPPX.DE | UEFI.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.28 | 0.04 | +0.24 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.30 | -0.03 | -0.26 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.09 | 0.01 | -0.10 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.09 | -0.00 | -0.09 |
Drawdowns
SPPX.DE vs. UEFI.DE - Drawdown Comparison
The maximum SPPX.DE drawdown since its inception was -44.56%, which is greater than UEFI.DE's maximum drawdown of -32.63%. Use the drawdown chart below to compare losses from any high point for SPPX.DE and UEFI.DE.
Loading charts...
Drawdown Indicators
| SPPX.DE | UEFI.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -44.56% | -32.63% | -11.93% |
Max Drawdown (1Y)Largest decline over 1 year | -6.31% | -16.26% | +9.95% |
Max Drawdown (3Y)Largest decline over 3 years | -16.55% | -16.26% | -0.29% |
Max Drawdown (5Y)Largest decline over 5 years | -36.53% | -16.26% | -20.27% |
Max Drawdown (10Y)Largest decline over 10 years | -44.56% | -22.99% | -21.57% |
Current DrawdownCurrent decline from peak | -40.79% | -17.90% | -22.89% |
Average DrawdownAverage peak-to-trough decline | -22.39% | -14.47% | -7.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.90% | 10.93% | -8.03% |
Volatility
SPPX.DE vs. UEFI.DE - Volatility Comparison
SPDR Bloomberg 10+ Year US Treasury Bond UCITS ETF (SPPX.DE) has a higher volatility of 2.37% compared to UBS ETF (LU) Bloomberg US 7-10 Year Treasury Bond UCITS ETF (USD) A-dis (UEFI.DE) at 0.74%. This indicates that SPPX.DE's price experiences larger fluctuations and is considered to be riskier than UEFI.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SPPX.DE | UEFI.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.37% | 0.74% | +1.63% |
Volatility (6M)Calculated over the trailing 6-month period | 6.11% | 3.69% | +2.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.91% | 21.96% | -13.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.34% | 13.03% | +1.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.51% | 16.60% | -2.09% |
SPPX.DE vs. UEFI.DE - Expense Ratio Comparison
SPPX.DE has a 0.15% expense ratio, which is higher than UEFI.DE's 0.05% 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
SPPX.DE vs. UEFI.DE - Dividend Comparison
SPPX.DE's dividend yield for the trailing twelve months is around 4.60%, more than UEFI.DE's 2.64% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPPX.DE SPDR Bloomberg 10+ Year US Treasury Bond UCITS ETF | 4.60% | 4.77% | 4.11% | 3.16% | 2.57% | 1.63% | 2.07% | 2.42% | 2.38% | 2.77% | 1.07% | 0.00% |
UEFI.DE UBS ETF (LU) Bloomberg US 7-10 Year Treasury Bond UCITS ETF (USD) A-dis | 2.64% | 1.93% | 2.25% | 2.54% | 1.33% | 0.82% | 1.66% | 1.68% | 2.29% | 1.74% | 0.76% | 0.80% |
Frequently Asked Questions
SPPX.DE and UEFI.DE have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, UEFI.DE is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
UEFI.DE is cheaper with a 0.05% expense ratio, compared with 0.15% for SPPX.DE.
SPPX.DE tracks Bloomberg US 10+ Year Treasury Bond, while UEFI.DE tracks Bloomberg US 7-10 Year Treasury Bond Index. They also come from different issuers: State Street and UBS. Their fees differ too: 0.15% for SPPX.DE and 0.05% for UEFI.DE.
Find the right allocation for SPPX.DE and UEFI.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer