TRDS.DE vs. DJAD.DE
TRDS.DE (Invesco US Treasury Bond UCITS ETF Dist) and DJAD.DE (Amundi US Treasury Bond Long Dated UCITS ETF Dist) are both Government Bonds funds - TRDS.DE tracks the Bloomberg US Treasury Index while DJAD.DE tracks the Bloomberg US Long Treasury Index. Both are passively managed. Over the past 5 years, TRDS.DE returned 0.68%/yr vs -4.26%/yr for DJAD.DE. A 0.68 correlation means they provide meaningful diversification when combined. Both charge a 0.06% expense ratio.
Performance
TRDS.DE vs. DJAD.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, TRDS.DE achieves a 3.87% return, which is significantly lower than DJAD.DE's 4.92% return.
TRDS.DE
- 1D
- -0.47%
- 1M
- 3.14%
- YTD
- 3.87%
- 6M
- 4.21%
- 1Y
- 5.74%
- 3Y*
- 1.67%
- 5Y*
- 0.68%
- 10Y*
- —
DJAD.DE
- 1D
- -0.14%
- 1M
- 5.08%
- YTD
- 4.92%
- 6M
- 5.35%
- 1Y
- 7.45%
- 3Y*
- -1.76%
- 5Y*
- -4.26%
- 10Y*
- -3.11%
TRDS.DE vs. DJAD.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
TRDS.DE Invesco US Treasury Bond UCITS ETF Dist | 3.87% | -5.42% | 6.49% | 0.35% | -6.88% | 5.85% | -1.83% | -4.56% |
DJAD.DE Amundi US Treasury Bond Long Dated UCITS ETF Dist | 4.92% | -6.15% | -0.86% | -0.75% | -24.23% | 3.18% | 6.09% | 17.65% |
Correlation
The correlation between TRDS.DE and DJAD.DE is 0.70, 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 | 0.70 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.74 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.78 |
Correlation (All Time) Calculated using the full available price history since Jan 11, 2019 | 0.68 |
The correlation between TRDS.DE and DJAD.DE shifts across timeframes, from 0.68 (all time) to 0.78 (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
TRDS.DE vs. DJAD.DE — Risk / Return Rank
TRDS.DE
DJAD.DE
TRDS.DE vs. DJAD.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco US Treasury Bond UCITS ETF Dist (TRDS.DE) and Amundi US Treasury Bond Long Dated UCITS ETF Dist (DJAD.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.
| TRDS.DE | DJAD.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.17 | ||
| Sortino ratioReturn per unit of downside risk | +0.27 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.15 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 1.43 | 1.16 | +0.27 |
| Martin ratioReturn relative to average drawdown | 3.72 | 2.51 | +1.20 |
Loading charts...
Drawdowns
TRDS.DE vs. DJAD.DE - Drawdown Comparison
The maximum TRDS.DE drawdown since its inception was -17.30%, smaller than the maximum DJAD.DE drawdown of -44.43%. Use the drawdown chart below to compare losses from any high point for TRDS.DE and DJAD.DE.
Loading charts...
Drawdown Indicators
| TRDS.DE | DJAD.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.30% | -44.43% | +27.13% |
Max Drawdown (1Y)Largest decline over 1 year | -3.98% | -6.38% | +2.40% |
Max Drawdown (3Y)Largest decline over 3 years | -10.99% | -16.68% | +5.69% |
Max Drawdown (5Y)Largest decline over 5 years | -12.94% | -36.54% | +23.60% |
Max Drawdown (10Y)Largest decline over 10 years | — | -44.43% | — |
Current DrawdownCurrent decline from peak | -10.21% | -38.25% | +28.04% |
Average DrawdownAverage peak-to-trough decline | -10.36% | -17.81% | +7.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.54% | 2.96% | -1.42% |
Volatility
TRDS.DE vs. DJAD.DE - Volatility Comparison
The current volatility for Invesco US Treasury Bond UCITS ETF Dist (TRDS.DE) is 1.77%, while Amundi US Treasury Bond Long Dated UCITS ETF Dist (DJAD.DE) has a volatility of 2.37%. This indicates that TRDS.DE experiences smaller price fluctuations and is considered to be less risky than DJAD.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| TRDS.DE | DJAD.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.77% | 2.37% | -0.60% |
Volatility (6M)Calculated over the trailing 6-month period | 4.10% | 6.05% | -1.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.70% | 8.94% | -3.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.04% | 14.22% | -6.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.67% | 14.02% | -5.35% |
TRDS.DE vs. DJAD.DE - Expense Ratio Comparison
Both TRDS.DE and DJAD.DE 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
TRDS.DE vs. DJAD.DE - Dividend Comparison
TRDS.DE's dividend yield for the trailing twelve months is around 4.17%, more than DJAD.DE's 3.33% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
DJAD.DE Amundi US Treasury Bond Long Dated UCITS ETF Dist | 3.33% | 3.50% | 3.53% | 2.88% | 3.36% | 2.22% | 2.38% | 2.87% | 3.22% | 2.75% |
TRDS.DE Invesco US Treasury Bond UCITS ETF Dist | 4.17% | 4.31% | 4.13% | 3.87% | 1.99% | 1.10% | 1.69% | 1.96% | 0.00% | 0.00% |
Frequently Asked Questions
TRDS.DE and DJAD.DE have a correlation of 0.70, 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.
TRDS.DE and DJAD.DE have the same expense ratio: 0.06% per year.
TRDS.DE tracks Bloomberg US Treasury Index, while DJAD.DE tracks Bloomberg US Long Treasury Index. They also come from different issuers: Invesco and Amundi.
Find the right allocation for TRDS.DE and DJAD.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