T1EU.DE vs. DBXG.DE
T1EU.DE (Invesco US Treasury Bond 0-1 Year UCITS ETF EUR Hdg Acc) and DBXG.DE (Xtrackers II Eurozone Government Bond 25+ UCITS ETF (Acc)) are both Government Bonds funds - T1EU.DE tracks the Bloomberg US Treasury Coupons Index while DBXG.DE tracks the iBoxx EUR Eurozone 25+ Index. Both are passively managed. Over the past 5 years, T1EU.DE returned 1.40%/yr vs -11.34%/yr for DBXG.DE. At a 0.15 correlation, their price movements are largely independent. T1EU.DE charges 0.10%/yr vs 0.15%/yr for DBXG.DE.
Performance
T1EU.DE vs. DBXG.DE - Performance Comparison
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Returns By Period
In the year-to-date period, T1EU.DE achieves a 0.85% return, which is significantly higher than DBXG.DE's -0.84% return.
T1EU.DE
- 1D
- 0.00%
- 1M
- 0.14%
- 6M
- 0.81%
- YTD
- 0.85%
- 1Y
- 1.84%
- 3Y*
- 2.69%
- 5Y*
- 1.40%
- 10Y*
- —
DBXG.DE
- 1D
- -0.11%
- 1M
- -2.23%
- 6M
- -1.97%
- YTD
- -0.84%
- 1Y
- -2.25%
- 3Y*
- -2.25%
- 5Y*
- -11.34%
- 10Y*
- -3.92%
T1EU.DE vs. DBXG.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
T1EU.DE Invesco US Treasury Bond 0-1 Year UCITS ETF EUR Hdg Acc | 0.85% | 2.00% | 3.48% | 2.83% | -1.53% | -0.93% | -0.47% |
DBXG.DE Xtrackers II Eurozone Government Bond 25+ UCITS ETF (Acc) | -0.84% | -9.41% | -3.96% | 9.47% | -40.42% | -9.69% | 10.73% |
Correlation
The correlation between T1EU.DE and DBXG.DE is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.13 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.17 |
Correlation (All Time) Calculated using the full available price history since Mar 30, 2020 | 0.15 |
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Return for Risk
T1EU.DE vs. DBXG.DE — Risk / Return Rank
T1EU.DE
DBXG.DE
T1EU.DE vs. DBXG.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco US Treasury Bond 0-1 Year UCITS ETF EUR Hdg Acc (T1EU.DE) and Xtrackers II Eurozone Government Bond 25+ UCITS ETF (Acc) (DBXG.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.
| T1EU.DE | DBXG.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.47 | ||
| Sortino ratioReturn per unit of downside risk | +2.09 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 0.98 | +0.38 |
| Calmar ratioReturn relative to maximum drawdown | 3.62 | -0.33 | +3.95 |
| Martin ratioReturn relative to average drawdown | 17.64 | -0.64 | +18.28 |
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Drawdowns
T1EU.DE vs. DBXG.DE - Drawdown Comparison
The maximum T1EU.DE drawdown since its inception was -3.20%, smaller than the maximum DBXG.DE drawdown of -53.51%. Use the drawdown chart below to compare losses from any high point for T1EU.DE and DBXG.DE.
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Drawdown Indicators
| T1EU.DE | DBXG.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -3.20% | -53.51% | +50.31% |
Max Drawdown (1Y)Largest decline over 1 year | -0.51% | -6.77% | +6.26% |
Max Drawdown (3Y)Largest decline over 3 years | -0.51% | -17.62% | +17.11% |
Max Drawdown (5Y)Largest decline over 5 years | -2.36% | -51.05% | +48.69% |
Max Drawdown (10Y)Largest decline over 10 years | — | -53.51% | — |
Current DrawdownCurrent decline from peak | 0.00% | -49.84% | +49.84% |
Average DrawdownAverage peak-to-trough decline | -0.85% | -16.11% | +15.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.10% | 3.53% | -3.43% |
Volatility
T1EU.DE vs. DBXG.DE - Volatility Comparison
The current volatility for Invesco US Treasury Bond 0-1 Year UCITS ETF EUR Hdg Acc (T1EU.DE) is 0.06%, while Xtrackers II Eurozone Government Bond 25+ UCITS ETF (Acc) (DBXG.DE) has a volatility of 2.98%. This indicates that T1EU.DE experiences smaller price fluctuations and is considered to be less risky than DBXG.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| T1EU.DE | DBXG.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.06% | 2.98% | -2.92% |
Volatility (6M)Calculated over the trailing 6-month period | 1.05% | 8.36% | -7.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.44% | 11.08% | -9.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 0.81% | 17.72% | -16.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 0.73% | 15.16% | -14.43% |
T1EU.DE vs. DBXG.DE - Expense Ratio Comparison
T1EU.DE has a 0.10% expense ratio, which is lower than DBXG.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
T1EU.DE vs. DBXG.DE - Dividend Comparison
Neither T1EU.DE nor DBXG.DE has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
DBXG.DE Xtrackers II Eurozone Government Bond 25+ UCITS ETF (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
T1EU.DE Invesco US Treasury Bond 0-1 Year UCITS ETF EUR Hdg Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.13% |
Frequently Asked Questions
T1EU.DE and DBXG.DE have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, T1EU.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
T1EU.DE is cheaper with a 0.10% expense ratio, compared with 0.15% for DBXG.DE.
T1EU.DE tracks Bloomberg US Treasury Coupons Index, while DBXG.DE tracks iBoxx EUR Eurozone 25+ Index. They also come from different issuers: Invesco and Xtrackers. Their fees differ too: 0.10% for T1EU.DE and 0.15% for DBXG.DE.
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