TRDE.DE vs. PR1G.DE
TRDE.DE (Invesco US Treasury Bond 7-10 Year UCITS ETF EUR Hedged Dist) and PR1G.DE (Amundi Prime Global Government Bond UCITS ETF (Dist)) are both Government Bonds funds - TRDE.DE tracks the Bloomberg U.S. Treasury 7-10 Year Total Return Index while PR1G.DE tracks the Solactive Global Developed Government Bond Index. Both are passively managed. Over the past 5 years, TRDE.DE returned -3.36%/yr vs -2.68%/yr for PR1G.DE. A 0.60 correlation means they provide meaningful diversification when combined. TRDE.DE charges 0.10%/yr vs 0.05%/yr for PR1G.DE.
Performance
TRDE.DE vs. PR1G.DE - Performance Comparison
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Returns By Period
In the year-to-date period, TRDE.DE achieves a -1.75% return, which is significantly lower than PR1G.DE's 1.17% return.
TRDE.DE
- 1D
- 0.03%
- 1M
- -0.56%
- 6M
- -1.72%
- YTD
- -1.75%
- 1Y
- 1.78%
- 3Y*
- 0.76%
- 5Y*
- -3.36%
- 10Y*
- —
PR1G.DE
- 1D
- 0.31%
- 1M
- 0.43%
- 6M
- 0.61%
- YTD
- 1.17%
- 1Y
- 1.83%
- 3Y*
- 0.63%
- 5Y*
- -2.68%
- 10Y*
- —
TRDE.DE vs. PR1G.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
TRDE.DE Invesco US Treasury Bond 7-10 Year UCITS ETF EUR Hedged Dist | -1.75% | 6.20% | -2.34% | 1.23% | -17.08% | -3.96% | 8.23% | 4.48% |
PR1G.DE Amundi Prime Global Government Bond UCITS ETF (Dist) | 1.17% | -4.74% | 2.19% | 1.15% | -13.10% | 0.82% | 0.44% | 5.76% |
Correlation
The correlation between TRDE.DE and PR1G.DE is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.33 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.54 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.60 |
Correlation (All Time) Calculated using the full available price history since Mar 13, 2019 | 0.60 |
Over the past year, the correlation between TRDE.DE and PR1G.DE has dropped to 0.33 - well below their long-term average of 0.60, suggesting their price drivers have been diverging.
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Return for Risk
TRDE.DE vs. PR1G.DE — Risk / Return Rank
TRDE.DE
PR1G.DE
TRDE.DE vs. PR1G.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco US Treasury Bond 7-10 Year UCITS ETF EUR Hedged Dist (TRDE.DE) and Amundi Prime Global Government Bond UCITS ETF (Dist) (PR1G.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.
| TRDE.DE | PR1G.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.06 | ||
| Sortino ratioReturn per unit of downside risk | -0.08 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.08 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 0.43 | 0.64 | -0.21 |
| Martin ratioReturn relative to average drawdown | 1.03 | 1.32 | -0.29 |
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Drawdowns
TRDE.DE vs. PR1G.DE - Drawdown Comparison
The maximum TRDE.DE drawdown since its inception was -27.68%, which is greater than PR1G.DE's maximum drawdown of -20.86%. Use the drawdown chart below to compare losses from any high point for TRDE.DE and PR1G.DE.
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Drawdown Indicators
| TRDE.DE | PR1G.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.68% | -20.86% | -6.82% |
Max Drawdown (1Y)Largest decline over 1 year | -4.14% | -2.85% | -1.29% |
Max Drawdown (3Y)Largest decline over 3 years | -7.64% | -7.94% | +0.30% |
Max Drawdown (5Y)Largest decline over 5 years | -24.70% | -17.71% | -6.99% |
Current DrawdownCurrent decline from peak | -20.06% | -18.21% | -1.85% |
Average DrawdownAverage peak-to-trough decline | -13.77% | -11.48% | -2.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.72% | 1.39% | +0.33% |
Volatility
TRDE.DE vs. PR1G.DE - Volatility Comparison
Invesco US Treasury Bond 7-10 Year UCITS ETF EUR Hedged Dist (TRDE.DE) and Amundi Prime Global Government Bond UCITS ETF (Dist) (PR1G.DE) have volatilities of 1.22% and 1.27%, 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.
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Volatility by Period
| TRDE.DE | PR1G.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.22% | 1.27% | -0.05% |
Volatility (6M)Calculated over the trailing 6-month period | 3.24% | 3.01% | +0.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.48% | 4.05% | +0.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.39% | 6.47% | +0.92% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.86% | 6.10% | +0.76% |
TRDE.DE vs. PR1G.DE - Expense Ratio Comparison
TRDE.DE has a 0.10% expense ratio, which is higher than PR1G.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
TRDE.DE vs. PR1G.DE - Dividend Comparison
TRDE.DE's dividend yield for the trailing twelve months is around 4.33%, more than PR1G.DE's 2.92% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
PR1G.DE Amundi Prime Global Government Bond UCITS ETF (Dist) | 2.92% | 2.96% | 2.34% | 1.99% | 1.74% | 1.50% | 1.77% | 1.23% |
TRDE.DE Invesco US Treasury Bond 7-10 Year UCITS ETF EUR Hedged Dist | 4.33% | 4.15% | 4.39% | 3.47% | 2.43% | 1.62% | 1.75% | 1.66% |
Frequently Asked Questions
TRDE.DE and PR1G.DE have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, PR1G.DE is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
PR1G.DE is cheaper with a 0.05% expense ratio, compared with 0.10% for TRDE.DE.
TRDE.DE tracks Bloomberg U.S. Treasury 7-10 Year Total Return Index, while PR1G.DE tracks Solactive Global Developed Government Bond Index. They also come from different issuers: Invesco and Amundi. Their fees differ too: 0.10% for TRDE.DE and 0.05% for PR1G.DE.
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