TRD1.DE vs. 2B7S.DE
TRD1.DE (Invesco US Treasury Bond 0-1 Year UCITS ETF USD Dist) and 2B7S.DE (iShares $ Treasury Bond 1-3yr UCITS ETF EUR Hedged Acc) are both Government Bonds funds - TRD1.DE tracks the Bloomberg US Treasury Coupons Index while 2B7S.DE tracks the ICE US Treasury 1-3 Year (EUR Hedged) Index. Both are passively managed. Over the past 5 years, TRD1.DE returned 4.03%/yr vs 0.04%/yr for 2B7S.DE. At a correlation of -0.19, they often move in opposite directions. TRD1.DE charges 0.06%/yr vs 0.10%/yr for 2B7S.DE.
Performance
TRD1.DE vs. 2B7S.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, TRD1.DE achieves a 4.56% return, which is significantly higher than 2B7S.DE's -0.20% return.
TRD1.DE
- 1D
- 0.20%
- 1M
- 2.07%
- 6M
- 4.34%
- YTD
- 4.56%
- 1Y
- 6.79%
- 3Y*
- 2.97%
- 5Y*
- 4.03%
- 10Y*
- —
2B7S.DE
- 1D
- 0.00%
- 1M
- 0.20%
- 6M
- -0.20%
- YTD
- -0.20%
- 1Y
- 1.20%
- 3Y*
- 2.48%
- 5Y*
- 0.04%
- 10Y*
- —
TRD1.DE vs. 2B7S.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
TRD1.DE Invesco US Treasury Bond 0-1 Year UCITS ETF USD Dist | 4.56% | -7.35% | 11.23% | 1.38% | 6.73% | 3.43% |
2B7S.DE iShares $ Treasury Bond 1-3yr UCITS ETF EUR Hedged Acc | -0.20% | 3.04% | 2.49% | 1.90% | -5.78% | -1.18% |
Correlation
The correlation between TRD1.DE and 2B7S.DE is -0.13, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.13 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.21 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.19 |
Correlation (All Time) Calculated using the full available price history since Apr 1, 2021 | -0.19 |
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
TRD1.DE vs. 2B7S.DE — Risk / Return Rank
TRD1.DE
2B7S.DE
TRD1.DE vs. 2B7S.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 USD Dist (TRD1.DE) and iShares $ Treasury Bond 1-3yr UCITS ETF EUR Hedged Acc (2B7S.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.
| TRD1.DE | 2B7S.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.59 | ||
| Sortino ratioReturn per unit of downside risk | +0.88 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.11 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 1.83 | 1.22 | +0.61 |
| Martin ratioReturn relative to average drawdown | 4.77 | 3.01 | +1.76 |
Loading charts...
Drawdowns
TRD1.DE vs. 2B7S.DE - Drawdown Comparison
The maximum TRD1.DE drawdown since its inception was -17.81%, which is greater than 2B7S.DE's maximum drawdown of -7.68%. Use the drawdown chart below to compare losses from any high point for TRD1.DE and 2B7S.DE.
Loading charts...
Drawdown Indicators
| TRD1.DE | 2B7S.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.81% | -7.68% | -10.13% |
Max Drawdown (1Y)Largest decline over 1 year | -3.70% | -0.98% | -2.72% |
Max Drawdown (3Y)Largest decline over 3 years | -11.60% | -1.03% | -10.57% |
Max Drawdown (5Y)Largest decline over 5 years | -11.70% | -7.50% | -4.20% |
Current DrawdownCurrent decline from peak | -5.44% | -0.59% | -4.85% |
Average DrawdownAverage peak-to-trough decline | -8.30% | -3.25% | -5.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.42% | 0.40% | +1.02% |
Volatility
TRD1.DE vs. 2B7S.DE - Volatility Comparison
Invesco US Treasury Bond 0-1 Year UCITS ETF USD Dist (TRD1.DE) has a higher volatility of 1.79% compared to iShares $ Treasury Bond 1-3yr UCITS ETF EUR Hedged Acc (2B7S.DE) at 0.57%. This indicates that TRD1.DE's price experiences larger fluctuations and is considered to be riskier than 2B7S.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| TRD1.DE | 2B7S.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.79% | 0.57% | +1.22% |
Volatility (6M)Calculated over the trailing 6-month period | 4.67% | 1.99% | +2.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.32% | 2.50% | +3.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.48% | 2.51% | +4.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.11% | 2.45% | +5.66% |
TRD1.DE vs. 2B7S.DE - Expense Ratio Comparison
TRD1.DE has a 0.06% expense ratio, which is lower than 2B7S.DE's 0.10% 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
TRD1.DE vs. 2B7S.DE - Dividend Comparison
TRD1.DE's dividend yield for the trailing twelve months is around 3.86%, while 2B7S.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
2B7S.DE iShares $ Treasury Bond 1-3yr UCITS ETF EUR Hedged Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TRD1.DE Invesco US Treasury Bond 0-1 Year UCITS ETF USD Dist | 3.86% | 4.35% | 4.82% | 4.70% | 1.55% | 0.10% | 0.74% |
Frequently Asked Questions
TRD1.DE and 2B7S.DE have a correlation of -0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, TRD1.DE is cheaper at 0.06% per year. The better choice depends on whether you care most about return, fees, risk, or income.
TRD1.DE is cheaper with a 0.06% expense ratio, compared with 0.10% for 2B7S.DE.
TRD1.DE tracks Bloomberg US Treasury Coupons Index, while 2B7S.DE tracks ICE US Treasury 1-3 Year (EUR Hedged) Index. They also come from different issuers: Invesco and iShares. Their fees differ too: 0.06% for TRD1.DE and 0.10% for 2B7S.DE.
Find the right allocation for TRD1.DE and 2B7S.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