TRDX.DE vs. VX6F.DE
TRDX.DE (Invesco US Treasury Bond 7-10 Year UCITS ETF USD Dist) and VX6F.DE (Vanguard U.K. Gilt UCITS ETF GBP Accumulation) are both Government Bonds funds - TRDX.DE tracks the Bloomberg U.S. Treasury 7-10 Year Total Return Index while VX6F.DE tracks the Bloomberg Sterling Gilt Float Adjusted Index. Both are passively managed. Over the past 5 years, TRDX.DE returned -0.68%/yr vs -2.74%/yr for VX6F.DE. A 0.50 correlation means they provide meaningful diversification when combined. TRDX.DE charges 0.06%/yr vs 0.05%/yr for VX6F.DE.
Performance
TRDX.DE vs. VX6F.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, TRDX.DE achieves a 2.01% return, which is significantly higher than VX6F.DE's 0.77% 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*
- —
VX6F.DE
- 1D
- 0.00%
- 1M
- 0.30%
- 6M
- -0.99%
- YTD
- 0.77%
- 1Y
- 3.78%
- 3Y*
- 2.65%
- 5Y*
- -2.74%
- 10Y*
- —
TRDX.DE vs. VX6F.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% | -3.71% |
VX6F.DE Vanguard U.K. Gilt UCITS ETF GBP Accumulation | 0.77% | 0.53% | -0.19% | 18.92% | -26.90% | -5.30% | 9.59% | 5.30% |
Correlation
The correlation between TRDX.DE and VX6F.DE is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.20 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.47 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.49 |
Correlation (All Time) Calculated using the full available price history since Feb 19, 2019 | 0.50 |
Over the past year, the correlation between TRDX.DE and VX6F.DE has dropped to 0.20 - well below their long-term average of 0.50, suggesting their price drivers have been diverging.
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
TRDX.DE vs. VX6F.DE — Risk / Return Rank
TRDX.DE
VX6F.DE
TRDX.DE vs. VX6F.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 Vanguard U.K. Gilt UCITS ETF GBP Accumulation (VX6F.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 | VX6F.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.44 | ||
| Sortino ratioReturn per unit of downside risk | +0.71 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.09 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 1.27 | 0.71 | +0.56 |
| Martin ratioReturn relative to average drawdown | 3.24 | 2.18 | +1.06 |
Loading charts...
Drawdowns
TRDX.DE vs. VX6F.DE - Drawdown Comparison
The maximum TRDX.DE drawdown since its inception was -20.98%, smaller than the maximum VX6F.DE drawdown of -38.93%. Use the drawdown chart below to compare losses from any high point for TRDX.DE and VX6F.DE.
Loading charts...
Drawdown Indicators
| TRDX.DE | VX6F.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.98% | -38.93% | +17.95% |
Max Drawdown (1Y)Largest decline over 1 year | -4.32% | -5.35% | +1.03% |
Max Drawdown (3Y)Largest decline over 3 years | -10.57% | -9.02% | -1.55% |
Max Drawdown (5Y)Largest decline over 5 years | -15.52% | -36.83% | +21.31% |
Current DrawdownCurrent decline from peak | -14.58% | -18.84% | +4.26% |
Average DrawdownAverage peak-to-trough decline | -12.26% | -14.84% | +2.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.69% | 1.74% | -0.05% |
Volatility
TRDX.DE vs. VX6F.DE - Volatility Comparison
The current volatility for Invesco US Treasury Bond 7-10 Year UCITS ETF USD Dist (TRDX.DE) is 1.76%, while Vanguard U.K. Gilt UCITS ETF GBP Accumulation (VX6F.DE) has a volatility of 1.99%. This indicates that TRDX.DE experiences smaller price fluctuations and is considered to be less risky than VX6F.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| TRDX.DE | VX6F.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.76% | 1.99% | -0.23% |
Volatility (6M)Calculated over the trailing 6-month period | 4.20% | 6.25% | -2.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.94% | 7.82% | -1.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.91% | 12.94% | -4.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.36% | 12.04% | -2.68% |
TRDX.DE vs. VX6F.DE - Expense Ratio Comparison
TRDX.DE has a 0.06% expense ratio, which is higher than VX6F.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. VX6F.DE - Dividend Comparison
TRDX.DE's dividend yield for the trailing twelve months is around 4.27%, while VX6F.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
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% |
VX6F.DE Vanguard U.K. Gilt UCITS ETF GBP Accumulation | 0.00% | 0.37% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
TRDX.DE and VX6F.DE have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VX6F.DE is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VX6F.DE is cheaper with a 0.05% expense ratio, compared with 0.06% for TRDX.DE.
TRDX.DE tracks Bloomberg U.S. Treasury 7-10 Year Total Return Index, while VX6F.DE tracks Bloomberg Sterling Gilt Float Adjusted Index. They also come from different issuers: Invesco and Vanguard. Their fees differ too: 0.06% for TRDX.DE and 0.05% for VX6F.DE.
Find the right allocation for TRDX.DE and VX6F.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