TRDE.DE vs. TRD1.DE
TRDE.DE (Invesco US Treasury Bond 7-10 Year UCITS ETF EUR Hedged Dist) and TRD1.DE (Invesco US Treasury Bond 0-1 Year UCITS ETF USD Dist) are both Government Bonds funds from Invesco - TRDE.DE tracks the Bloomberg U.S. Treasury 7-10 Year Total Return Index while TRD1.DE tracks the Bloomberg US Treasury Coupons Index. Both are passively managed. Over the past 5 years, TRDE.DE returned -3.06%/yr vs 4.03%/yr for TRD1.DE. At a correlation of -0.22, they often move in opposite directions. TRDE.DE charges 0.10%/yr vs 0.06%/yr for TRD1.DE.
Performance
TRDE.DE vs. TRD1.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, TRDE.DE achieves a -1.23% return, which is significantly lower than TRD1.DE's 4.56% return.
TRDE.DE
- 1D
- -0.03%
- 1M
- 0.31%
- 6M
- -1.07%
- YTD
- -1.23%
- 1Y
- 1.30%
- 3Y*
- 1.18%
- 5Y*
- -3.06%
- 10Y*
- —
TRD1.DE
- 1D
- 0.20%
- 1M
- 2.07%
- 6M
- 4.34%
- YTD
- 4.56%
- 1Y
- 6.79%
- 3Y*
- 2.97%
- 5Y*
- 4.03%
- 10Y*
- —
TRDE.DE vs. TRD1.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
TRDE.DE Invesco US Treasury Bond 7-10 Year UCITS ETF EUR Hedged Dist | -1.23% | 6.20% | -2.34% | 1.23% | -17.08% | -3.96% | 7.44% |
TRD1.DE Invesco US Treasury Bond 0-1 Year UCITS ETF USD Dist | 4.56% | -7.35% | 11.23% | 1.38% | 6.73% | 8.36% | -17.72% |
Correlation
The correlation between TRDE.DE and TRD1.DE is -0.32, 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 | -0.32 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.31 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.25 |
Correlation (All Time) Calculated using the full available price history since Jan 21, 2020 | -0.22 |
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
TRDE.DE vs. TRD1.DE — Risk / Return Rank
TRDE.DE
TRD1.DE
TRDE.DE vs. TRD1.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 Invesco US Treasury Bond 0-1 Year UCITS ETF USD Dist (TRD1.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 | TRD1.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.78 | ||
| Sortino ratioReturn per unit of downside risk | -1.14 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.19 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | 0.31 | 1.83 | -1.51 |
| Martin ratioReturn relative to average drawdown | 0.80 | 4.77 | -3.97 |
Loading charts...
Drawdowns
TRDE.DE vs. TRD1.DE - Drawdown Comparison
The maximum TRDE.DE drawdown since its inception was -27.68%, which is greater than TRD1.DE's maximum drawdown of -17.81%. Use the drawdown chart below to compare losses from any high point for TRDE.DE and TRD1.DE.
Loading charts...
Drawdown Indicators
| TRDE.DE | TRD1.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.68% | -17.81% | -9.87% |
Max Drawdown (1Y)Largest decline over 1 year | -4.14% | -3.70% | -0.44% |
Max Drawdown (3Y)Largest decline over 3 years | -7.64% | -11.60% | +3.96% |
Max Drawdown (5Y)Largest decline over 5 years | -24.70% | -11.70% | -13.00% |
Current DrawdownCurrent decline from peak | -19.64% | -5.44% | -14.20% |
Average DrawdownAverage peak-to-trough decline | -13.74% | -8.30% | -5.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.63% | 1.42% | +0.21% |
Volatility
TRDE.DE vs. TRD1.DE - Volatility Comparison
The current volatility for Invesco US Treasury Bond 7-10 Year UCITS ETF EUR Hedged Dist (TRDE.DE) is 1.24%, while Invesco US Treasury Bond 0-1 Year UCITS ETF USD Dist (TRD1.DE) has a volatility of 1.79%. This indicates that TRDE.DE experiences smaller price fluctuations and is considered to be less risky than TRD1.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| TRDE.DE | TRD1.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.24% | 1.79% | -0.55% |
Volatility (6M)Calculated over the trailing 6-month period | 3.21% | 4.67% | -1.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.48% | 6.32% | -1.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.40% | 7.48% | -0.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.87% | 8.11% | -1.24% |
TRDE.DE vs. TRD1.DE - Expense Ratio Comparison
TRDE.DE has a 0.10% expense ratio, which is higher than TRD1.DE's 0.06% 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. TRD1.DE - Dividend Comparison
TRDE.DE's dividend yield for the trailing twelve months is around 4.31%, more than TRD1.DE's 3.86% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
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% | 0.00% |
TRDE.DE Invesco US Treasury Bond 7-10 Year UCITS ETF EUR Hedged Dist | 4.31% | 4.15% | 4.39% | 3.47% | 2.43% | 1.62% | 1.75% | 1.66% |
Frequently Asked Questions
TRDE.DE and TRD1.DE have a correlation of -0.32, 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 TRDE.DE.
TRDE.DE tracks Bloomberg U.S. Treasury 7-10 Year Total Return Index, while TRD1.DE tracks Bloomberg US Treasury Coupons Index. Their fees differ too: 0.10% for TRDE.DE and 0.06% for TRD1.DE.
Find the right allocation for TRDE.DE and TRD1.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