TRE7.L vs. SGLS.L
Compare and contrast key facts about Invesco US Treasury Bond 3-7 Year UCITS ETF Dist (TRE7.L) and Invesco Physical Gold GBP Hedged ETC (SGLS.L).
TRE7.L and SGLS.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TRE7.L is a passively managed fund by Invesco that tracks the performance of the Bloomberg US Treasury 3-7 Year Index. It was launched on Feb 20, 2024. SGLS.L is a passively managed fund by Invesco that tracks the performance of the Gold (GBP Hedged). It was launched on Jul 9, 2020. Both TRE7.L and SGLS.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
TRE7.L vs. SGLS.L - Performance Comparison
Loading graphics...
TRE7.L vs. SGLS.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
TRE7.L Invesco US Treasury Bond 3-7 Year UCITS ETF Dist | -0.24% | 7.31% | 2.08% | 4.25% | -9.37% | -2.35% | -0.10% |
SGLS.L Invesco Physical Gold GBP Hedged ETC | 9.08% | 76.07% | 22.71% | 17.37% | -11.75% | -4.62% | 1.08% |
Different Trading Currencies
TRE7.L is traded in USD, while SGLS.L is traded in GBp. To make them comparable, the SGLS.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, TRE7.L achieves a -0.24% return, which is significantly lower than SGLS.L's 9.08% return.
TRE7.L
- 1D
- 0.06%
- 1M
- -1.07%
- YTD
- -0.24%
- 6M
- 0.94%
- 1Y
- 3.95%
- 3Y*
- 3.67%
- 5Y*
- 0.58%
- 10Y*
- —
SGLS.L
- 1D
- 4.19%
- 1M
- -10.65%
- YTD
- 9.08%
- 6M
- 21.27%
- 1Y
- 55.08%
- 3Y*
- 35.92%
- 5Y*
- 20.60%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
TRE7.L vs. SGLS.L - Expense Ratio Comparison
TRE7.L has a 0.06% expense ratio, which is lower than SGLS.L's 0.34% expense ratio.
Return for Risk
TRE7.L vs. SGLS.L — Risk / Return Rank
TRE7.L
SGLS.L
TRE7.L vs. SGLS.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco US Treasury Bond 3-7 Year UCITS ETF Dist (TRE7.L) and Invesco Physical Gold GBP Hedged ETC (SGLS.L). 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.
| TRE7.L | SGLS.L | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.18 | 1.88 | -0.70 |
Sortino ratioReturn per unit of downside risk | 1.75 | 2.37 | -0.62 |
Omega ratioGain probability vs. loss probability | 1.22 | 1.32 | -0.09 |
Calmar ratioReturn relative to maximum drawdown | 1.77 | 2.69 | -0.91 |
Martin ratioReturn relative to average drawdown | 5.96 | 9.61 | -3.65 |
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 graphics...
Sharpe Ratios by Period
| TRE7.L | SGLS.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.18 | 1.88 | -0.70 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.12 | 1.03 | -0.91 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.43 | 0.85 | -0.42 |
Correlation
The correlation between TRE7.L and SGLS.L is 0.30, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
TRE7.L vs. SGLS.L - Dividend Comparison
TRE7.L's dividend yield for the trailing twelve months is around 4.13%, while SGLS.L has not paid dividends to shareholders.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
TRE7.L Invesco US Treasury Bond 3-7 Year UCITS ETF Dist | 4.13% | 4.09% | 4.23% | 3.61% | 1.72% | 0.87% | 1.29% | 1.89% |
SGLS.L Invesco Physical Gold GBP Hedged ETC | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
TRE7.L vs. SGLS.L - Drawdown Comparison
The maximum TRE7.L drawdown since its inception was -14.12%, smaller than the maximum SGLS.L drawdown of -37.85%. Use the drawdown chart below to compare losses from any high point for TRE7.L and SGLS.L.
Loading graphics...
Drawdown Indicators
| TRE7.L | SGLS.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.12% | -21.94% | +7.82% |
Max Drawdown (1Y)Largest decline over 1 year | -2.31% | -17.93% | +15.62% |
Max Drawdown (5Y)Largest decline over 5 years | -13.54% | -21.94% | +8.40% |
Current DrawdownCurrent decline from peak | -1.40% | -10.03% | +8.63% |
Average DrawdownAverage peak-to-trough decline | -4.50% | -6.78% | +2.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.69% | 4.60% | -3.91% |
Volatility
TRE7.L vs. SGLS.L - Volatility Comparison
The current volatility for Invesco US Treasury Bond 3-7 Year UCITS ETF Dist (TRE7.L) is 1.13%, while Invesco Physical Gold GBP Hedged ETC (SGLS.L) has a volatility of 11.57%. This indicates that TRE7.L experiences smaller price fluctuations and is considered to be less risky than SGLS.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| TRE7.L | SGLS.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.13% | 11.57% | -10.44% |
Volatility (6M)Calculated over the trailing 6-month period | 1.88% | 23.56% | -21.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.35% | 29.22% | -25.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.72% | 22.38% | -17.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.28% | 22.77% | -18.49% |