SYB5.DE vs. VUDY.DE

Last updated Jul 18, 2026

SYB5.DE (State Street SPDR Bloomberg 1-5 Year Gilt UCITS ETF (Dist)) and VUDY.DE (Vanguard U.S. Treasury 1-3 Year Bond UCITS ETF USD Distributing) are both Government Bonds funds - SYB5.DE tracks the Bloomberg Sterling 1-5 Year Aggregate Gilts Bond Index while VUDY.DE tracks the Bloomberg US Treasury 1-3 Year Index. Both are passively managed. At a correlation of -0.08, they often move in opposite directions. SYB5.DE charges 0.15%/yr vs 0.05%/yr for VUDY.DE.

Performance

SYB5.DE vs. VUDY.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in State Street SPDR Bloomberg 1-5 Year Gilt UCITS ETF (Dist) (SYB5.DE) and Vanguard U.S. Treasury 1-3 Year Bond UCITS ETF USD Distributing (VUDY.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SYB5.DE achieves a 3.17% return, which is significantly lower than VUDY.DE's 3.66% 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%

VUDY.DE

• 1D: 0.07%
• 1M: 1.55%
• 6M: 2.30%
• YTD: 3.66%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

SYB5.DE vs. VUDY.DE - Yearly Performance Comparison

	2026 (YTD)	2025
SYB5.DE State Street SPDR Bloomberg 1-5 Year Gilt UCITS ETF (Dist)	3.17%	1.58%
VUDY.DE Vanguard U.S. Treasury 1-3 Year Bond UCITS ETF USD Distributing	3.66%	-1.28%

Correlation

The correlation between SYB5.DE and VUDY.DE is -0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 6, 2025	-0.08

Return for Risk

SYB5.DE vs. VUDY.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SYB5.DE

SYB5.DE Risk / Return Rank: 40
SYB5.DE Sharpe Ratio Rank: 34
SYB5.DE Sortino Ratio Rank: 32
SYB5.DE Omega Ratio Rank: 32
SYB5.DE Calmar Ratio Rank: 56
SYB5.DE Martin Ratio Rank: 45

VUDY.DE

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SYB5.DE vs. VUDY.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 Vanguard U.S. Treasury 1-3 Year Bond UCITS ETF USD Distributing (VUDY.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	VUDY.DE	Difference
Sharpe ratio: Return per unit of total volatility	0.95	—	—
Sortino ratio: Return per unit of downside risk	1.36	—	—
Omega ratio: Gain probability vs. loss probability	1.17	—	—
Calmar ratio: Return relative to maximum drawdown	2.12	—	—
Martin ratio: Return relative to average drawdown	5.59	—	—

Drawdowns

SYB5.DE vs. VUDY.DE - Drawdown Comparison

The maximum SYB5.DE drawdown since its inception was -26.72%, which is greater than VUDY.DE's maximum drawdown of -3.56%. Use the drawdown chart below to compare losses from any high point for SYB5.DE and VUDY.DE.

Drawdown Indicators

	SYB5.DE	VUDY.DE	Difference
Max Drawdown Largest peak-to-trough decline	-26.72%	-3.56%	-23.16%
Max Drawdown (1Y) Largest decline over 1 year	-2.02%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-4.43%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-15.56%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-16.19%	—	—
Current Drawdown Current decline from peak	-10.23%	-0.48%	-9.75%
Average Drawdown Average peak-to-trough decline	-13.57%	-1.28%	-12.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.77%	—	—

Volatility

Volatility by Period

	SYB5.DE	VUDY.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.38%	—	—
Volatility (6M) Calculated over the trailing 6-month period	3.51%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	4.56%	5.08%	-0.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.28%	5.08%	+1.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.93%	5.08%	+1.85%

SYB5.DE vs. VUDY.DE - Expense Ratio Comparison

SYB5.DE has a 0.15% expense ratio, which is higher than VUDY.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

SYB5.DE vs. VUDY.DE - Dividend Comparison

SYB5.DE's dividend yield for the trailing twelve months is around 3.55%, more than VUDY.DE's 2.46% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
VUDY.DE Vanguard U.S. Treasury 1-3 Year Bond UCITS ETF USD Distributing	2.46%	0.44%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SYB5.DE and VUDY.DE in my portfolio?

SYB5.DE and VUDY.DE have a correlation of -0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SYB5.DE or VUDY.DE?

On fees, VUDY.DE is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SYB5.DE or VUDY.DE?

VUDY.DE is cheaper with a 0.05% expense ratio, compared with 0.15% for SYB5.DE.

What is the main difference between SYB5.DE and VUDY.DE?

SYB5.DE tracks Bloomberg Sterling 1-5 Year Aggregate Gilts Bond Index, while VUDY.DE tracks Bloomberg US Treasury 1-3 Year Index. They also come from different issuers: State Street and Vanguard. Their fees differ too: 0.15% for SYB5.DE and 0.05% for VUDY.DE.