TR7G.L vs. TRE7.L
TR7G.L (Invesco US Treasury Bond 3-7 Year UCITS ETF Dist) and TRE7.L (Invesco US Treasury Bond 3-7 Year UCITS ETF Dist) are both Government Bonds funds from Invesco tracking the Bloomberg US 3-7 Year Treasury Bond Index. Both are passively managed. Over the past 5 years, TR7G.L returned 1.44%/yr vs 1.46%/yr for TRE7.L. Their correlation of 0.81 suggests significant overlap in exposure. Both charge a 0.06% expense ratio.
Performance
TR7G.L vs. TRE7.L - Performance Comparison
Loading charts...
Different Trading Currencies
TR7G.L is traded in GBp, while TRE7.L is traded in USD. To make them comparable, the TRE7.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, TR7G.L achieves a -0.28% return, which is significantly lower than TRE7.L's -0.03% return.
TR7G.L
- 1D
- 0.19%
- 1M
- 0.89%
- YTD
- -0.28%
- 6M
- -0.71%
- 1Y
- 4.21%
- 3Y*
- 1.00%
- 5Y*
- 1.44%
- 10Y*
- —
TRE7.L
- 1D
- 0.20%
- 1M
- 0.87%
- YTD
- -0.03%
- 6M
- -0.78%
- 1Y
- 4.24%
- 3Y*
- 1.09%
- 5Y*
- 1.46%
- 10Y*
- —
TR7G.L vs. TRE7.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
TR7G.L Invesco US Treasury Bond 3-7 Year UCITS ETF Dist | -0.28% | -0.02% | 3.75% | -1.47% | 1.43% | -1.10% | 3.37% | 3.42% |
TRE7.L Invesco US Treasury Bond 3-7 Year UCITS ETF Dist | -0.03% | -0.33% | 3.87% | -0.96% | 1.41% | -1.42% | 3.84% | 2.68% |
Correlation
The correlation between TR7G.L and TRE7.L is 0.76, 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 | 0.76 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.80 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.81 |
Correlation (All Time) Calculated using the full available price history since Jan 15, 2019 | 0.81 |
The correlation between TR7G.L and TRE7.L has been stable across timeframes, ranging from 0.76 to 0.81 - 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
TR7G.L vs. TRE7.L — Risk / Return Rank
TR7G.L
TRE7.L
TR7G.L vs. TRE7.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco US Treasury Bond 3-7 Year UCITS ETF Dist (TR7G.L) and Invesco US Treasury Bond 3-7 Year UCITS ETF Dist (TRE7.L). 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.
| TR7G.L | TRE7.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.04 | ||
| Sortino ratioReturn per unit of downside risk | +0.09 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.12 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 0.82 | 0.76 | +0.07 |
| Martin ratioReturn relative to average drawdown | 2.02 | 2.01 | +0.01 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| TR7G.L | TRE7.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.71 | 0.67 | +0.04 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.17 | 0.17 | 0.00 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.14 | 0.14 | 0.00 |
Drawdowns
TR7G.L vs. TRE7.L - Drawdown Comparison
The maximum TR7G.L drawdown since its inception was -20.51%, roughly equal to the maximum TRE7.L drawdown of -20.08%. Use the drawdown chart below to compare losses from any high point for TR7G.L and TRE7.L.
Loading charts...
Drawdown Indicators
| TR7G.L | TRE7.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.51% | -20.08% | -0.43% |
Max Drawdown (1Y)Largest decline over 1 year | -5.09% | -5.58% | +0.49% |
Max Drawdown (3Y)Largest decline over 3 years | -7.34% | -7.61% | +0.27% |
Max Drawdown (5Y)Largest decline over 5 years | -15.64% | -16.00% | +0.36% |
Current DrawdownCurrent decline from peak | -13.27% | -12.65% | -0.62% |
Average DrawdownAverage peak-to-trough decline | -12.82% | -12.36% | -0.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.08% | 2.10% | -0.02% |
Volatility
TR7G.L vs. TRE7.L - Volatility Comparison
Invesco US Treasury Bond 3-7 Year UCITS ETF Dist (TR7G.L) and Invesco US Treasury Bond 3-7 Year UCITS ETF Dist (TRE7.L) have volatilities of 1.56% and 1.62%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| TR7G.L | TRE7.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.56% | 1.62% | -0.06% |
Volatility (6M)Calculated over the trailing 6-month period | 4.33% | 5.03% | -0.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.90% | 6.34% | -0.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.27% | 8.55% | -0.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.90% | 8.91% | -0.01% |
TR7G.L vs. TRE7.L - Expense Ratio Comparison
Both TR7G.L and TRE7.L have an expense ratio of 0.06%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
TR7G.L vs. TRE7.L - Dividend Comparison
TR7G.L's dividend yield for the trailing twelve months is around 4.12%, which matches TRE7.L's 4.14% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
TR7G.L Invesco US Treasury Bond 3-7 Year UCITS ETF Dist | 4.12% | 4.11% | 4.14% | 3.67% | 1.71% | 0.85% | 1.38% | 1.94% |
TRE7.L Invesco US Treasury Bond 3-7 Year UCITS ETF Dist | 4.14% | 4.09% | 4.23% | 3.61% | 1.72% | 0.87% | 1.29% | 1.89% |
Frequently Asked Questions
TR7G.L and TRE7.L have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.06% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
TR7G.L and TRE7.L have the same expense ratio: 0.06% per year.
Both ETFs track Bloomberg US 3-7 Year Treasury Bond Index.
Find the right allocation for TR7G.L and TRE7.L
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