SXRL.DE vs. SPPX.DE
SXRL.DE (iShares USD Treasury Bond 3-7yr UCITS ETF (Acc)) and SPPX.DE (SPDR Bloomberg 10+ Year US Treasury Bond UCITS ETF) are both Government Bonds funds - SXRL.DE tracks the ICE US Treasury 3-7 Year while SPPX.DE tracks the Bloomberg US 10+ Year Treasury Bond. Both are passively managed. Over the past 10 years, SXRL.DE returned 1.29%/yr vs -1.36%/yr for SPPX.DE. A 0.75 correlation means they provide meaningful diversification when combined. SXRL.DE charges 0.07%/yr vs 0.15%/yr for SPPX.DE.
Performance
SXRL.DE vs. SPPX.DE - Performance Comparison
Loading charts...
Different Trading Currencies
SXRL.DE is traded in USD, while SPPX.DE is traded in EUR. To make them comparable, the SPPX.DE values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, SXRL.DE achieves a 0.07% return, which is significantly lower than SPPX.DE's 1.67% return. Over the past 10 years, SXRL.DE has outperformed SPPX.DE with an annualized return of 1.29%, while SPPX.DE has yielded a comparatively lower -1.36% annualized return.
SXRL.DE
- 1D
- 0.21%
- 1M
- 0.65%
- YTD
- 0.07%
- 6M
- 0.32%
- 1Y
- 3.04%
- 3Y*
- 3.96%
- 5Y*
- 0.55%
- 10Y*
- 1.29%
SPPX.DE
- 1D
- -0.05%
- 1M
- 2.63%
- YTD
- 1.67%
- 6M
- 1.72%
- 1Y
- 4.96%
- 3Y*
- -0.33%
- 5Y*
- -5.19%
- 10Y*
- -1.36%
SXRL.DE vs. SPPX.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SXRL.DE iShares USD Treasury Bond 3-7yr UCITS ETF (Acc) | 0.07% | 7.42% | 1.92% | 4.32% | -9.33% | -2.32% | 6.98% | 6.13% | 1.04% | 1.28% |
SPPX.DE SPDR Bloomberg 10+ Year US Treasury Bond UCITS ETF | 1.67% | 6.10% | -6.63% | 2.37% | -28.46% | -5.08% | 16.49% | 15.44% | -2.16% | 8.88% |
Correlation
The correlation between SXRL.DE and SPPX.DE is 0.70, 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 | 0.70 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.79 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.78 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.75 |
Correlation (All Time) Calculated using the full available price history since Feb 17, 2016 | 0.75 |
The correlation between SXRL.DE and SPPX.DE has been stable across timeframes, ranging from 0.70 to 0.79 - a consistent structural relationship.
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
SXRL.DE vs. SPPX.DE — Risk / Return Rank
SXRL.DE
SPPX.DE
SXRL.DE vs. SPPX.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares USD Treasury Bond 3-7yr UCITS ETF (Acc) (SXRL.DE) and SPDR Bloomberg 10+ Year US Treasury Bond UCITS ETF (SPPX.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| SXRL.DE | SPPX.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.54 | ||
| Sortino ratioReturn per unit of downside risk | +0.78 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.09 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 1.24 | 0.72 | +0.52 |
| Martin ratioReturn relative to average drawdown | 3.45 | 1.80 | +1.65 |
Loading charts...
Drawdowns
SXRL.DE vs. SPPX.DE - Drawdown Comparison
The maximum SXRL.DE drawdown since its inception was -14.09%, smaller than the maximum SPPX.DE drawdown of -46.56%. Use the drawdown chart below to compare losses from any high point for SXRL.DE and SPPX.DE.
Loading charts...
Drawdown Indicators
| SXRL.DE | SPPX.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.09% | -46.56% | +32.47% |
Max Drawdown (1Y)Largest decline over 1 year | -2.43% | -6.86% | +4.43% |
Max Drawdown (3Y)Largest decline over 3 years | -3.64% | -16.82% | +13.18% |
Max Drawdown (5Y)Largest decline over 5 years | -13.50% | -40.44% | +26.94% |
Max Drawdown (10Y)Largest decline over 10 years | -14.09% | -46.56% | +32.47% |
Current DrawdownCurrent decline from peak | -1.21% | -36.23% | +35.02% |
Average DrawdownAverage peak-to-trough decline | -2.79% | -21.39% | +18.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.88% | 2.75% | -1.87% |
Volatility
SXRL.DE vs. SPPX.DE - Volatility Comparison
The current volatility for iShares USD Treasury Bond 3-7yr UCITS ETF (Acc) (SXRL.DE) is 0.89%, while SPDR Bloomberg 10+ Year US Treasury Bond UCITS ETF (SPPX.DE) has a volatility of 2.39%. This indicates that SXRL.DE experiences smaller price fluctuations and is considered to be less risky than SPPX.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SXRL.DE | SPPX.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.89% | 2.39% | -1.50% |
Volatility (6M)Calculated over the trailing 6-month period | 2.19% | 6.52% | -4.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.87% | 9.54% | -6.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.68% | 14.24% | -9.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.84% | 16.46% | -12.62% |
SXRL.DE vs. SPPX.DE - Expense Ratio Comparison
SXRL.DE has a 0.07% expense ratio, which is lower than SPPX.DE's 0.15% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
SXRL.DE vs. SPPX.DE - Dividend Comparison
SXRL.DE has not paid dividends to shareholders, while SPPX.DE's dividend yield for the trailing twelve months is around 4.42%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
SPPX.DE SPDR Bloomberg 10+ Year US Treasury Bond UCITS ETF | 4.42% | 4.77% | 4.08% | 3.14% | 2.57% | 1.63% | 2.07% | 2.42% | 2.38% | 2.77% | 1.07% |
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
SXRL.DE and SPPX.DE have a correlation of 0.70, 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 SPPX.DE.
SXRL.DE tracks ICE US Treasury 3-7 Year, while SPPX.DE tracks Bloomberg US 10+ Year Treasury Bond. They also come from different issuers: iShares and State Street. Their fees differ too: 0.07% for SXRL.DE and 0.15% for SPPX.DE.
Find the right allocation for SXRL.DE and SPPX.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