TRDX.DE vs. ^IDCOTCTR
Compare and contrast key facts about Invesco US Treasury Bond 7-10 Year UCITS ETF A (TRDX.DE) and ICE U.S. Treasury Core Bond TR Index (^IDCOTCTR).
TRDX.DE is a passively managed fund by Invesco that tracks the performance of the Bloomberg US 7-10 Year Treasury Bond. It was launched on Jan 11, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TRDX.DE or ^IDCOTCTR.
Key characteristics
| TRDX.DE | ^IDCOTCTR | |
|---|---|---|
| YTD Return | 1.38% | 0.78% |
| 1Y Return | 3.53% | 4.87% |
| 3Y Return (Ann) | -4.32% | -2.83% |
| 5Y Return (Ann) | -2.95% | -0.69% |
| Sharpe Ratio | 0.56 | 1.08 |
| Sortino Ratio | 0.86 | 1.57 |
| Omega Ratio | 1.10 | 1.19 |
| Calmar Ratio | 0.14 | 0.36 |
| Martin Ratio | 1.36 | 3.38 |
| Ulcer Index | 2.78% | 1.76% |
| Daily Std Dev | 6.80% | 5.53% |
| Max Drawdown | -26.91% | -18.88% |
| Current Drawdown | -23.45% | -12.16% |
Correlation
The correlation between TRDX.DE and ^IDCOTCTR is 0.66, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
TRDX.DE vs. ^IDCOTCTR - Performance Comparison
In the year-to-date period, TRDX.DE achieves a 1.38% return, which is significantly higher than ^IDCOTCTR's 0.78% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
TRDX.DE vs. ^IDCOTCTR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco US Treasury Bond 7-10 Year UCITS ETF A (TRDX.DE) and ICE U.S. Treasury Core Bond TR Index (^IDCOTCTR). 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.
Drawdowns
TRDX.DE vs. ^IDCOTCTR - Drawdown Comparison
The maximum TRDX.DE drawdown since its inception was -26.91%, which is greater than ^IDCOTCTR's maximum drawdown of -18.88%. Use the drawdown chart below to compare losses from any high point for TRDX.DE and ^IDCOTCTR. For additional features, visit the drawdowns tool.
Volatility
TRDX.DE vs. ^IDCOTCTR - Volatility Comparison
Invesco US Treasury Bond 7-10 Year UCITS ETF A (TRDX.DE) has a higher volatility of 2.14% compared to ICE U.S. Treasury Core Bond TR Index (^IDCOTCTR) at 1.67%. This indicates that TRDX.DE's price experiences larger fluctuations and is considered to be riskier than ^IDCOTCTR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.