U10G.L vs. CSH2.L
U10G.L (Amundi US Treasury Bond 10+Y UCITS ETF Dist) and CSH2.L (Lyxor Smart Overnight Return UCITS ETF C-GBP) are both exchange-traded funds - U10G.L is a Government Bonds fund tracking the Bloomberg US Long Treasury Index, while CSH2.L is a Money Market fund actively managed by Amundi. U10G.L is passively managed, while CSH2.L is actively managed. Over the past 10 years, U10G.L returned -3.32%/yr vs 2.07%/yr for CSH2.L. At a 0.01 correlation, their price movements are largely independent. U10G.L charges 0.06%/yr vs 0.07%/yr for CSH2.L.
Performance
U10G.L vs. CSH2.L - Performance Comparison
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Returns By Period
In the year-to-date period, U10G.L achieves a -0.78% return, which is significantly lower than CSH2.L's 1.74% return. Over the past 10 years, U10G.L has underperformed CSH2.L with an annualized return of -3.32%, while CSH2.L has yielded a comparatively higher 2.07% annualized return.
U10G.L
- 1D
- 0.33%
- 1M
- 1.04%
- YTD
- -0.78%
- 6M
- -4.52%
- 1Y
- 1.79%
- 3Y*
- -6.24%
- 5Y*
- -6.94%
- 10Y*
- -3.32%
CSH2.L
- 1D
- 0.03%
- 1M
- 0.35%
- YTD
- 1.74%
- 6M
- 2.06%
- 1Y
- 4.37%
- 3Y*
- 5.01%
- 5Y*
- 3.66%
- 10Y*
- 2.07%
U10G.L vs. CSH2.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
U10G.L Amundi US Treasury Bond 10+Y UCITS ETF Dist | -0.78% | -5.06% | -7.24% | -5.81% | -22.57% | -5.74% | 10.21% | 8.17% | 0.97% | -4.47% |
CSH2.L Lyxor Smart Overnight Return UCITS ETF C-GBP | 1.74% | 4.67% | 5.61% | 4.72% | 1.54% | 0.13% | 0.30% | 0.82% | 0.70% | 0.42% |
Correlation
The correlation between U10G.L and CSH2.L is -0.06, 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 (1Y) Calculated over the trailing 1-year period | -0.06 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.01 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.00 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.01 |
Correlation (All Time) Calculated using the full available price history since May 6, 2016 | 0.01 |
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Return for Risk
U10G.L vs. CSH2.L — Risk / Return Rank
U10G.L
CSH2.L
U10G.L vs. CSH2.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi US Treasury Bond 10+Y UCITS ETF Dist (U10G.L) and Lyxor Smart Overnight Return UCITS ETF C-GBP (CSH2.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.
| U10G.L | CSH2.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -7.87 | ||
| Sortino ratioReturn per unit of downside risk | -14.74 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 4.37 | -3.33 |
| Calmar ratioReturn relative to maximum drawdown | 0.17 | 27.66 | -27.49 |
| Martin ratioReturn relative to average drawdown | 0.32 | 159.04 | -158.72 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| U10G.L | CSH2.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.18 | 8.05 | -7.87 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.47 | 6.49 | -6.96 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.21 | 4.68 | -4.89 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.19 | 4.62 | -4.81 |
Drawdowns
U10G.L vs. CSH2.L - Drawdown Comparison
The maximum U10G.L drawdown since its inception was -52.98%, which is greater than CSH2.L's maximum drawdown of -0.37%. Use the drawdown chart below to compare losses from any high point for U10G.L and CSH2.L.
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Drawdown Indicators
| U10G.L | CSH2.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.98% | -0.37% | -52.61% |
Max Drawdown (1Y)Largest decline over 1 year | -10.49% | -0.16% | -10.33% |
Max Drawdown (3Y)Largest decline over 3 years | -19.68% | -0.29% | -19.39% |
Max Drawdown (5Y)Largest decline over 5 years | -41.90% | -0.29% | -41.61% |
Max Drawdown (10Y)Largest decline over 10 years | -52.98% | -0.37% | -52.61% |
Current DrawdownCurrent decline from peak | -51.32% | 0.00% | -51.32% |
Average DrawdownAverage peak-to-trough decline | -27.54% | -0.00% | -27.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.48% | 0.03% | +5.45% |
Volatility
U10G.L vs. CSH2.L - Volatility Comparison
Amundi US Treasury Bond 10+Y UCITS ETF Dist (U10G.L) has a higher volatility of 2.19% compared to Lyxor Smart Overnight Return UCITS ETF C-GBP (CSH2.L) at 0.08%. This indicates that U10G.L's price experiences larger fluctuations and is considered to be riskier than CSH2.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| U10G.L | CSH2.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.19% | 0.08% | +2.11% |
Volatility (6M)Calculated over the trailing 6-month period | 7.47% | 0.25% | +7.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.77% | 0.54% | +9.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.85% | 0.56% | +14.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.11% | 0.44% | +15.67% |
U10G.L vs. CSH2.L - Expense Ratio Comparison
U10G.L has a 0.06% expense ratio, which is lower than CSH2.L's 0.07% 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
U10G.L vs. CSH2.L - Dividend Comparison
U10G.L's dividend yield for the trailing twelve months is around 0.04%, while CSH2.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
CSH2.L Lyxor Smart Overnight Return UCITS ETF C-GBP | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
U10G.L Amundi US Treasury Bond 10+Y UCITS ETF Dist | 0.04% | 0.03% | 0.03% | 0.03% | 0.03% | 0.02% | 0.02% | 0.03% | 0.03% | 0.03% | 0.04% |
Frequently Asked Questions
U10G.L and CSH2.L have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, U10G.L is cheaper at 0.06% per year. The better choice depends on whether you care most about return, fees, risk, or income.
U10G.L is cheaper with a 0.06% expense ratio, compared with 0.07% for CSH2.L.
U10G.L is categorized as Government Bonds, while CSH2.L is Money Market. Their fees differ too: 0.06% for U10G.L and 0.07% for CSH2.L.
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