T1EU.DE vs. VAGT.DE
T1EU.DE (Invesco US Treasury Bond 0-1 Year UCITS ETF EUR Hdg Acc) and VAGT.DE (Vanguard USD Treasury Bond UCITS ETF Accumulating) are both Government Bonds funds - T1EU.DE tracks the Bloomberg US Treasury Coupons Index while VAGT.DE tracks the Bloomberg Global Aggregate US Treasury Float Adjusted Index. Both are passively managed. Over the past 3 years, T1EU.DE returned 2.74%/yr vs 1.49%/yr for VAGT.DE. At a 0.06 correlation, their price movements are largely independent. T1EU.DE charges 0.10%/yr vs 0.05%/yr for VAGT.DE.
Performance
T1EU.DE vs. VAGT.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, T1EU.DE achieves a 0.83% return, which is significantly lower than VAGT.DE's 2.94% return.
T1EU.DE
- 1D
- 0.02%
- 1M
- 0.18%
- 6M
- 0.74%
- YTD
- 0.83%
- 1Y
- 1.84%
- 3Y*
- 2.74%
- 5Y*
- 1.40%
- 10Y*
- —
VAGT.DE
- 1D
- 0.00%
- 1M
- 1.94%
- 6M
- 2.99%
- YTD
- 2.94%
- 1Y
- 6.02%
- 3Y*
- 1.49%
- 5Y*
- —
- 10Y*
- —
T1EU.DE vs. VAGT.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
T1EU.DE Invesco US Treasury Bond 0-1 Year UCITS ETF EUR Hdg Acc | 0.83% | 2.00% | 3.48% | 2.70% |
VAGT.DE Vanguard USD Treasury Bond UCITS ETF Accumulating | 2.94% | -5.48% | 6.40% | -0.47% |
Correlation
The correlation between T1EU.DE and VAGT.DE is -0.01, 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 (1Y) Calculated over the trailing 1-year period | -0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.04 |
Correlation (All Time) Calculated using the full available price history since Mar 9, 2023 | 0.06 |
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
T1EU.DE vs. VAGT.DE — Risk / Return Rank
T1EU.DE
VAGT.DE
T1EU.DE vs. VAGT.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 Vanguard USD Treasury Bond UCITS ETF Accumulating (VAGT.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 | VAGT.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.18 | ||
| Sortino ratioReturn per unit of downside risk | +0.25 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.20 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | 3.62 | 1.51 | +2.11 |
| Martin ratioReturn relative to average drawdown | 17.64 | 3.92 | +13.72 |
Loading charts...
Drawdowns
T1EU.DE vs. VAGT.DE - Drawdown Comparison
The maximum T1EU.DE drawdown since its inception was -3.20%, smaller than the maximum VAGT.DE drawdown of -11.03%. Use the drawdown chart below to compare losses from any high point for T1EU.DE and VAGT.DE.
Loading charts...
Drawdown Indicators
| T1EU.DE | VAGT.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -3.20% | -11.03% | +7.83% |
Max Drawdown (1Y)Largest decline over 1 year | -0.51% | -4.00% | +3.49% |
Max Drawdown (3Y)Largest decline over 3 years | -0.51% | -11.03% | +10.52% |
Max Drawdown (5Y)Largest decline over 5 years | -2.36% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | -5.49% | +5.49% |
Average DrawdownAverage peak-to-trough decline | -0.86% | -5.05% | +4.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.10% | 1.54% | -1.44% |
Volatility
T1EU.DE vs. VAGT.DE - Volatility Comparison
The current volatility for Invesco US Treasury Bond 0-1 Year UCITS ETF EUR Hdg Acc (T1EU.DE) is 0.10%, while Vanguard USD Treasury Bond UCITS ETF Accumulating (VAGT.DE) has a volatility of 1.61%. This indicates that T1EU.DE experiences smaller price fluctuations and is considered to be less risky than VAGT.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| T1EU.DE | VAGT.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.10% | 1.61% | -1.51% |
Volatility (6M)Calculated over the trailing 6-month period | 1.12% | 3.88% | -2.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.45% | 5.56% | -4.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 0.80% | 7.30% | -6.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 0.73% | 7.30% | -6.57% |
T1EU.DE vs. VAGT.DE - Expense Ratio Comparison
T1EU.DE has a 0.10% expense ratio, which is higher than VAGT.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
T1EU.DE vs. VAGT.DE - Dividend Comparison
Neither T1EU.DE nor VAGT.DE has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
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% |
VAGT.DE Vanguard USD Treasury Bond UCITS ETF Accumulating | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
T1EU.DE and VAGT.DE have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VAGT.DE is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VAGT.DE is cheaper with a 0.05% expense ratio, compared with 0.10% for T1EU.DE.
T1EU.DE tracks Bloomberg US Treasury Coupons Index, while VAGT.DE tracks Bloomberg Global Aggregate US Treasury Float Adjusted Index. They also come from different issuers: Invesco and Vanguard. Their fees differ too: 0.10% for T1EU.DE and 0.05% for VAGT.DE.
Find the right allocation for T1EU.DE and VAGT.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