TRDE.DE vs. UEFI.DE
TRDE.DE (Invesco US Treasury Bond 7-10 Year UCITS ETF EUR Hedged Dist) and UEFI.DE (UBS ETF (LU) Bloomberg US 7-10 Year Treasury Bond UCITS ETF (USD) A-dis) are both Government Bonds funds - TRDE.DE tracks the Bloomberg U.S. Treasury 7-10 Year Total Return Index while UEFI.DE tracks the Bloomberg US 7-10 Year Treasury Bond Index. Both are passively managed. Over the past 5 years, TRDE.DE returned -3.30%/yr vs -0.84%/yr for UEFI.DE. A 0.50 correlation means they provide meaningful diversification when combined. TRDE.DE charges 0.10%/yr vs 0.05%/yr for UEFI.DE.
Performance
TRDE.DE vs. UEFI.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, TRDE.DE achieves a -1.43% return, which is significantly lower than UEFI.DE's 3.01% return.
TRDE.DE
- 1D
- 0.43%
- 1M
- -0.30%
- 6M
- -1.18%
- YTD
- -1.43%
- 1Y
- 1.75%
- 3Y*
- 0.80%
- 5Y*
- -3.30%
- 10Y*
- —
UEFI.DE
- 1D
- 0.18%
- 1M
- 1.38%
- 6M
- 1.78%
- YTD
- 3.01%
- 1Y
- 4.54%
- 3Y*
- 1.91%
- 5Y*
- -0.84%
- 10Y*
- 0.13%
TRDE.DE vs. UEFI.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 | -1.43% | 6.20% | -2.34% | 1.23% | -17.08% | -3.96% | 8.23% | 4.48% |
UEFI.DE UBS ETF (LU) Bloomberg US 7-10 Year Treasury Bond UCITS ETF (USD) A-dis | 3.01% | -4.76% | 5.09% | -0.05% | -9.74% | 5.04% | 0.06% | 8.26% |
Correlation
The correlation between TRDE.DE and UEFI.DE is -0.12, 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 | -0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.40 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.51 |
Correlation (All Time) Calculated using the full available price history since Mar 13, 2019 | 0.50 |
The correlation between TRDE.DE and UEFI.DE shifts across timeframes, from -0.12 (1 year) to 0.51 (5 years), reflecting how their relationship changes across market environments.
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. UEFI.DE — Risk / Return Rank
TRDE.DE
UEFI.DE
TRDE.DE vs. UEFI.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 UBS ETF (LU) Bloomberg US 7-10 Year Treasury Bond UCITS ETF (USD) A-dis (UEFI.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 | UEFI.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.49 | ||
| Sortino ratioReturn per unit of downside risk | -0.73 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.16 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 0.42 | 1.16 | -0.74 |
| Martin ratioReturn relative to average drawdown | 1.00 | 3.03 | -2.03 |
Loading charts...
Drawdowns
TRDE.DE vs. UEFI.DE - Drawdown Comparison
The maximum TRDE.DE drawdown since its inception was -27.68%, smaller than the maximum UEFI.DE drawdown of -33.55%. Use the drawdown chart below to compare losses from any high point for TRDE.DE and UEFI.DE.
Loading charts...
Drawdown Indicators
| TRDE.DE | UEFI.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.68% | -33.55% | +5.87% |
Max Drawdown (1Y)Largest decline over 1 year | -4.14% | -3.91% | -0.23% |
Max Drawdown (3Y)Largest decline over 3 years | -7.48% | -10.74% | +3.26% |
Max Drawdown (5Y)Largest decline over 5 years | -24.70% | -15.68% | -9.02% |
Max Drawdown (10Y)Largest decline over 10 years | — | -22.74% | — |
Current DrawdownCurrent decline from peak | -19.80% | -15.35% | -4.45% |
Average DrawdownAverage peak-to-trough decline | -13.77% | -14.52% | +0.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.74% | 1.49% | +0.25% |
Volatility
TRDE.DE vs. UEFI.DE - Volatility Comparison
Invesco US Treasury Bond 7-10 Year UCITS ETF EUR Hedged Dist (TRDE.DE) has a higher volatility of 1.35% compared to UBS ETF (LU) Bloomberg US 7-10 Year Treasury Bond UCITS ETF (USD) A-dis (UEFI.DE) at 1.10%. This indicates that TRDE.DE's price experiences larger fluctuations and is considered to be riskier than UEFI.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| TRDE.DE | UEFI.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.35% | 1.10% | +0.25% |
Volatility (6M)Calculated over the trailing 6-month period | 3.25% | 3.67% | -0.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.50% | 5.25% | -0.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.40% | 8.87% | -1.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.86% | 15.11% | -8.25% |
TRDE.DE vs. UEFI.DE - Expense Ratio Comparison
TRDE.DE has a 0.10% expense ratio, which is higher than UEFI.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. UEFI.DE - Dividend Comparison
TRDE.DE's dividend yield for the trailing twelve months is around 4.32%, more than UEFI.DE's 3.03% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TRDE.DE Invesco US Treasury Bond 7-10 Year UCITS ETF EUR Hedged Dist | 4.32% | 4.15% | 4.39% | 3.47% | 2.43% | 1.62% | 1.75% | 1.66% | 0.00% | 0.00% | 0.00% | 0.00% |
UEFI.DE UBS ETF (LU) Bloomberg US 7-10 Year Treasury Bond UCITS ETF (USD) A-dis | 3.03% | 2.22% | 2.44% | 2.79% | 1.42% | 0.98% | 2.00% | 2.11% | 2.73% | 1.95% | 0.85% | 0.88% |
Frequently Asked Questions
TRDE.DE and UEFI.DE have a correlation of -0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, UEFI.DE is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
UEFI.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 UEFI.DE tracks Bloomberg US 7-10 Year Treasury Bond Index. They also come from different issuers: Invesco and UBS. Their fees differ too: 0.10% for TRDE.DE and 0.05% for UEFI.DE.
Find the right allocation for TRDE.DE and UEFI.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