SYB5.DE vs. SNA2.DE
SYB5.DE (State Street SPDR Bloomberg 1-5 Year Gilt UCITS ETF (Dist)) and SNA2.DE (iShares USD Treasury Bond UCITS ETF USD Dist) are both Government Bonds funds - SYB5.DE tracks the Bloomberg Sterling 1-5 Year Aggregate Gilts Bond Index while SNA2.DE tracks the ICE US Treasury Core Bond. Both are passively managed. Over the past 5 years, SYB5.DE returned 1.04%/yr vs -0.01%/yr for SNA2.DE. At a 0.24 correlation, their price movements are largely independent. SYB5.DE charges 0.15%/yr vs 0.07%/yr for SNA2.DE.
Performance
SYB5.DE vs. SNA2.DE - Performance Comparison
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Returns By Period
In the year-to-date period, SYB5.DE achieves a 3.17% return, which is significantly higher than SNA2.DE's 2.85% return.
SYB5.DE
- 1D
- -0.19%
- 1M
- 1.54%
- 6M
- 2.25%
- YTD
- 3.17%
- 1Y
- 4.31%
- 3Y*
- 4.69%
- 5Y*
- 1.04%
- 10Y*
- 0.46%
SNA2.DE
- 1D
- 0.27%
- 1M
- 1.09%
- 6M
- 1.47%
- YTD
- 2.85%
- 1Y
- 4.94%
- 3Y*
- 2.28%
- 5Y*
- -0.01%
- 10Y*
- —
SYB5.DE vs. SNA2.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
SYB5.DE State Street SPDR Bloomberg 1-5 Year Gilt UCITS ETF (Dist) | 3.17% | 0.33% | 6.69% | 5.72% | -10.68% | 5.60% | -4.05% | 5.25% |
SNA2.DE iShares USD Treasury Bond UCITS ETF USD Dist | 2.85% | -5.58% | 6.59% | 0.19% | -6.84% | 5.89% | -2.05% | -3.52% |
Correlation
The correlation between SYB5.DE and SNA2.DE is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.31 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.30 |
Correlation (All Time) Calculated using the full available price history since Sep 2, 2019 | 0.24 |
The correlation between SYB5.DE and SNA2.DE shifts across timeframes, from 0.18 (1 year) to 0.31 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
SYB5.DE vs. SNA2.DE — Risk / Return Rank
SYB5.DE
SNA2.DE
SYB5.DE vs. SNA2.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for State Street SPDR Bloomberg 1-5 Year Gilt UCITS ETF (Dist) (SYB5.DE) and iShares USD Treasury Bond UCITS ETF USD Dist (SNA2.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.
| SYB5.DE | SNA2.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.07 | ||
| Sortino ratioReturn per unit of downside risk | +0.04 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.17 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 2.12 | 1.24 | +0.89 |
| Martin ratioReturn relative to average drawdown | 5.59 | 3.32 | +2.27 |
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Drawdowns
SYB5.DE vs. SNA2.DE - Drawdown Comparison
The maximum SYB5.DE drawdown since its inception was -26.72%, which is greater than SNA2.DE's maximum drawdown of -17.34%. Use the drawdown chart below to compare losses from any high point for SYB5.DE and SNA2.DE.
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Drawdown Indicators
| SYB5.DE | SNA2.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.72% | -17.34% | -9.38% |
Max Drawdown (1Y)Largest decline over 1 year | -2.02% | -3.98% | +1.96% |
Max Drawdown (3Y)Largest decline over 3 years | -4.43% | -11.09% | +6.66% |
Max Drawdown (5Y)Largest decline over 5 years | -15.56% | -12.92% | -2.64% |
Max Drawdown (10Y)Largest decline over 10 years | -16.19% | — | — |
Current DrawdownCurrent decline from peak | -10.23% | -11.32% | +1.09% |
Average DrawdownAverage peak-to-trough decline | -13.57% | -10.73% | -2.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.77% | 1.49% | -0.72% |
Volatility
SYB5.DE vs. SNA2.DE - Volatility Comparison
State Street SPDR Bloomberg 1-5 Year Gilt UCITS ETF (Dist) (SYB5.DE) has a higher volatility of 1.38% compared to iShares USD Treasury Bond UCITS ETF USD Dist (SNA2.DE) at 1.29%. This indicates that SYB5.DE's price experiences larger fluctuations and is considered to be riskier than SNA2.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SYB5.DE | SNA2.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.38% | 1.29% | +0.09% |
Volatility (6M)Calculated over the trailing 6-month period | 3.51% | 4.03% | -0.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.56% | 5.75% | -1.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.28% | 8.17% | -1.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.93% | 8.07% | -1.14% |
SYB5.DE vs. SNA2.DE - Expense Ratio Comparison
SYB5.DE has a 0.15% expense ratio, which is higher than SNA2.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
SYB5.DE vs. SNA2.DE - Dividend Comparison
SYB5.DE's dividend yield for the trailing twelve months is around 3.55%, less than SNA2.DE's 4.02% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SNA2.DE iShares USD Treasury Bond UCITS ETF USD Dist | 4.02% | 4.21% | 3.82% | 3.27% | 1.45% | 0.85% | 1.52% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SYB5.DE State Street SPDR Bloomberg 1-5 Year Gilt UCITS ETF (Dist) | 3.55% | 3.52% | 2.66% | 1.30% | 0.19% | 0.12% | 0.48% | 0.57% | 0.40% | 0.54% | 0.94% | 0.99% |
Frequently Asked Questions
SYB5.DE and SNA2.DE have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SNA2.DE is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SNA2.DE is cheaper with a 0.07% expense ratio, compared with 0.15% for SYB5.DE.
SYB5.DE tracks Bloomberg Sterling 1-5 Year Aggregate Gilts Bond Index, while SNA2.DE tracks ICE US Treasury Core Bond. They also come from different issuers: State Street and iShares. Their fees differ too: 0.15% for SYB5.DE and 0.07% for SNA2.DE.
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