TRDS.DE vs. VUDP.F
TRDS.DE (Invesco US Treasury Bond UCITS ETF Dist) and VUDP.F (Vanguard U.S. Treasury 1-3 Year Bond UCITS ETF EUR Hedged Distributing) are both Government Bonds funds - TRDS.DE tracks the Bloomberg US Treasury Index while VUDP.F tracks the Bloomberg U.S. Treasury 1-3 Year Index Hedged in EUR. Both are passively managed. At a correlation of -0.04, they often move in opposite directions. TRDS.DE charges 0.06%/yr vs 0.10%/yr for VUDP.F.
Performance
TRDS.DE vs. VUDP.F - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, TRDS.DE achieves a 0.86% return, which is significantly higher than VUDP.F's -1.75% return.
TRDS.DE
- 1D
- -0.02%
- 1M
- 0.79%
- YTD
- 0.86%
- 6M
- -0.02%
- 1Y
- 1.32%
- 3Y*
- -0.30%
- 5Y*
- 0.24%
- 10Y*
- —
VUDP.F
- 1D
- 0.10%
- 1M
- -0.50%
- YTD
- -1.75%
- 6M
- -1.80%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TRDS.DE vs. VUDP.F - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
TRDS.DE Invesco US Treasury Bond UCITS ETF Dist | 0.86% | -1.85% |
VUDP.F Vanguard U.S. Treasury 1-3 Year Bond UCITS ETF EUR Hedged Distributing | -1.75% | 1.21% |
Correlation
The correlation between TRDS.DE and VUDP.F is -0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 7, 2025 | -0.04 |
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. VUDP.F — Risk / Return Rank
TRDS.DE
VUDP.F
TRDS.DE vs. VUDP.F - 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 Vanguard U.S. Treasury 1-3 Year Bond UCITS ETF EUR Hedged Distributing (VUDP.F). 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.
| TRDS.DE | VUDP.F | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.03 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 0.24 | — | — |
| Martin ratioReturn relative to average drawdown | 0.60 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| TRDS.DE | VUDP.F | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.18 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.03 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.05 | -0.43 | +0.48 |
Drawdowns
TRDS.DE vs. VUDP.F - Drawdown Comparison
The maximum TRDS.DE drawdown since its inception was -17.77%, which is greater than VUDP.F's maximum drawdown of -2.16%. Use the drawdown chart below to compare losses from any high point for TRDS.DE and VUDP.F.
Loading charts...
Drawdown Indicators
| TRDS.DE | VUDP.F | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.77% | -2.16% | -15.61% |
Max Drawdown (1Y)Largest decline over 1 year | -4.13% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -11.21% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -13.10% | — | — |
Current DrawdownCurrent decline from peak | -14.15% | -1.97% | -12.18% |
Average DrawdownAverage peak-to-trough decline | -10.46% | -0.82% | -9.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.68% | — | — |
Volatility
TRDS.DE vs. VUDP.F - Volatility Comparison
Loading charts...
Volatility by Period
| TRDS.DE | VUDP.F | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.93% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 3.90% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 5.61% | 2.34% | +3.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.04% | 2.34% | +5.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.80% | 2.34% | +5.46% |
TRDS.DE vs. VUDP.F - Expense Ratio Comparison
TRDS.DE has a 0.06% expense ratio, which is lower than VUDP.F'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
TRDS.DE vs. VUDP.F - Dividend Comparison
TRDS.DE's dividend yield for the trailing twelve months is around 3.65%, while VUDP.F has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
TRDS.DE Invesco US Treasury Bond UCITS ETF Dist | 3.65% | 3.76% | 3.83% | 3.58% | 1.90% | 0.94% | 1.47% | 1.48% |
VUDP.F Vanguard U.S. Treasury 1-3 Year Bond UCITS ETF EUR Hedged Distributing | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
TRDS.DE and VUDP.F have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, TRDS.DE is cheaper at 0.06% per year. The better choice depends on whether you care most about return, fees, risk, or income.
TRDS.DE is cheaper with a 0.06% expense ratio, compared with 0.10% for VUDP.F.
TRDS.DE tracks Bloomberg US Treasury Index, while VUDP.F tracks Bloomberg U.S. Treasury 1-3 Year Index Hedged in EUR. They also come from different issuers: Invesco and Vanguard. Their fees differ too: 0.06% for TRDS.DE and 0.10% for VUDP.F.
Find the right allocation for TRDS.DE and VUDP.F
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