TRDX.DE vs. D500.DE
TRDX.DE (Invesco US Treasury Bond 7-10 Year UCITS ETF USD Dist) and D500.DE (Invesco S&P 500 UCITS ETF Dist) are both exchange-traded funds - TRDX.DE is a Government Bonds fund tracking the Bloomberg U.S. Treasury 7-10 Year Total Return Index, while D500.DE is a S&P 500 fund tracking the S&P 500 Index. Both are passively managed. Over the past 5 years, TRDX.DE returned -0.68%/yr vs 13.94%/yr for D500.DE. At a correlation of -0.00, they often move in opposite directions. TRDX.DE charges 0.06%/yr vs 0.05%/yr for D500.DE.
Performance
TRDX.DE vs. D500.DE - Performance Comparison
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Returns By Period
In the year-to-date period, TRDX.DE achieves a 2.01% return, which is significantly lower than D500.DE's 13.19% return.
TRDX.DE
- 1D
- 0.07%
- 1M
- 0.79%
- 6M
- 0.99%
- YTD
- 2.01%
- 1Y
- 5.49%
- 3Y*
- 2.22%
- 5Y*
- -0.68%
- 10Y*
- —
D500.DE
- 1D
- 0.20%
- 1M
- 1.44%
- 6M
- 12.14%
- YTD
- 13.19%
- 1Y
- 23.64%
- 3Y*
- 19.48%
- 5Y*
- 13.94%
- 10Y*
- 14.73%
TRDX.DE vs. D500.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
TRDX.DE Invesco US Treasury Bond 7-10 Year UCITS ETF USD Dist | 2.01% | -3.42% | 5.25% | 0.09% | -9.69% | 5.10% | 0.07% | -3.29% |
D500.DE Invesco S&P 500 UCITS ETF Dist | 13.19% | 4.86% | 32.60% | 22.69% | -14.08% | 41.07% | 7.00% | 31.14% |
Correlation
The correlation between TRDX.DE and D500.DE is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.18 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.04 |
Correlation (All Time) Calculated using the full available price history since Jan 11, 2019 | -0.00 |
The correlation between TRDX.DE and D500.DE shifts across timeframes, from -0.00 (all time) to 0.18 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
TRDX.DE vs. D500.DE — Risk / Return Rank
TRDX.DE
D500.DE
TRDX.DE vs. D500.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 USD Dist (TRDX.DE) and Invesco S&P 500 UCITS ETF Dist (D500.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.
| TRDX.DE | D500.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.07 | ||
| Sortino ratioReturn per unit of downside risk | -1.32 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.36 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | 1.27 | 3.30 | -2.03 |
| Martin ratioReturn relative to average drawdown | 3.24 | 11.65 | -8.41 |
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Drawdowns
TRDX.DE vs. D500.DE - Drawdown Comparison
The maximum TRDX.DE drawdown since its inception was -20.98%, smaller than the maximum D500.DE drawdown of -33.62%. Use the drawdown chart below to compare losses from any high point for TRDX.DE and D500.DE.
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Drawdown Indicators
| TRDX.DE | D500.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.98% | -33.62% | +12.64% |
Max Drawdown (1Y)Largest decline over 1 year | -4.32% | -7.14% | +2.82% |
Max Drawdown (3Y)Largest decline over 3 years | -10.57% | -23.28% | +12.71% |
Max Drawdown (5Y)Largest decline over 5 years | -15.52% | -23.28% | +7.76% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.62% | — |
Current DrawdownCurrent decline from peak | -14.58% | -0.18% | -14.40% |
Average DrawdownAverage peak-to-trough decline | -12.26% | -4.86% | -7.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.69% | 2.02% | -0.33% |
Volatility
TRDX.DE vs. D500.DE - Volatility Comparison
The current volatility for Invesco US Treasury Bond 7-10 Year UCITS ETF USD Dist (TRDX.DE) is 1.76%, while Invesco S&P 500 UCITS ETF Dist (D500.DE) has a volatility of 2.79%. This indicates that TRDX.DE experiences smaller price fluctuations and is considered to be less risky than D500.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TRDX.DE | D500.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.76% | 2.79% | -1.03% |
Volatility (6M)Calculated over the trailing 6-month period | 4.20% | 7.92% | -3.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.94% | 11.84% | -5.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.91% | 15.21% | -6.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.36% | 16.92% | -7.56% |
TRDX.DE vs. D500.DE - Expense Ratio Comparison
TRDX.DE has a 0.06% expense ratio, which is higher than D500.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
TRDX.DE vs. D500.DE - Dividend Comparison
TRDX.DE's dividend yield for the trailing twelve months is around 4.27%, more than D500.DE's 1.09% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
D500.DE Invesco S&P 500 UCITS ETF Dist | 1.09% | 1.18% | 1.27% | 1.54% | 1.70% | 1.25% | 1.62% | 1.85% | 2.08% | 1.67% | 1.69% | 0.29% |
TRDX.DE Invesco US Treasury Bond 7-10 Year UCITS ETF USD Dist | 4.27% | 4.34% | 4.22% | 3.57% | 2.45% | 1.57% | 1.94% | 2.02% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
TRDX.DE and D500.DE have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, D500.DE is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
D500.DE is cheaper with a 0.05% expense ratio, compared with 0.06% for TRDX.DE.
TRDX.DE is categorized as Government Bonds, while D500.DE is S&P 500. TRDX.DE tracks Bloomberg U.S. Treasury 7-10 Year Total Return Index, while D500.DE tracks S&P 500 Index. Their fees differ too: 0.06% for TRDX.DE and 0.05% for D500.DE.
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