U13G.L vs. SHY

Last updated Apr 2, 2026

Compare and contrast key facts about Amundi US Treasury Bond 1-3Y UCITS ETF Dist (U13G.L) and iShares 1-3 Year Treasury Bond ETF (SHY).

U13G.L and SHY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. U13G.L is a passively managed fund by Amundi that tracks the performance of the Bloomberg US Government TR USD. It was launched on Oct 13, 2016. SHY is a passively managed fund by iShares that tracks the performance of the Barclays Capital U.S. 1-3 Year Treasury Bond Index. It was launched on Jul 22, 2002. Both U13G.L and SHY 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

U13G.L vs. SHY - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Amundi US Treasury Bond 1-3Y UCITS ETF Dist (U13G.L) and iShares 1-3 Year Treasury Bond ETF (SHY). The values are adjusted to include any dividend payments, if applicable.

U13G.L vs. SHY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
U13G.L Amundi US Treasury Bond 1-3Y UCITS ETF Dist	1.25%	-2.01%	5.86%	-1.60%	7.66%	0.59%	-0.77%	0.61%	6.73%	-8.67%
SHY iShares 1-3 Year Treasury Bond ETF	1.92%	-2.53%	5.73%	-1.04%	7.55%	0.23%	0.01%	-0.55%	7.48%	-8.41%

Different Trading Currencies

U13G.L is traded in GBp, while SHY is traded in USD. To make them comparable, the SHY values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, U13G.L achieves a 1.25% return, which is significantly lower than SHY's 1.92% return.

U13G.L

• 1D: -0.79%
• 1M: 0.16%
• YTD: 1.25%
• 6M: 2.76%
• 1Y: 0.67%
• 3Y*: 1.52%
• 5Y*: 2.47%
• 10Y*: —

SHY

• 1D: -0.23%
• 1M: 0.84%
• YTD: 1.92%
• 6M: 2.93%
• 1Y: 0.97%
• 3Y*: 1.42%
• 5Y*: 2.57%
• 10Y*: 2.37%

*Multi-year figures are annualized to reflect compound growth (CAGR)

U13G.L vs. SHY - Expense Ratio Comparison

U13G.L has a 0.07% expense ratio, which is lower than SHY's 0.15% 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%.

SHY

iShares 1-3 Year Treasury Bond ETF

U13G.L

Amundi US Treasury Bond 1-3Y UCITS ETF Dist

Return for Risk

U13G.L vs. SHY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

U13G.L

U13G.L Risk / Return Rank: 12
U13G.L Sharpe Ratio Rank: 14
U13G.L Sortino Ratio Rank: 13
U13G.L Omega Ratio Rank: 12
U13G.L Calmar Ratio Rank: 11
U13G.L Martin Ratio Rank: 11

SHY

SHY Risk / Return Rank: 96
SHY Sharpe Ratio Rank: 95
SHY Sortino Ratio Rank: 98
SHY Omega Ratio Rank: 96
SHY Calmar Ratio Rank: 95
SHY Martin Ratio Rank: 95

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

U13G.L vs. SHY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amundi US Treasury Bond 1-3Y UCITS ETF Dist (U13G.L) and iShares 1-3 Year Treasury Bond ETF (SHY). 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.

	U13G.L	SHY	Difference
Sharpe ratio Return per unit of total volatility	0.11	0.14	-0.03
Sortino ratio Return per unit of downside risk	0.22	0.25	-0.03
Omega ratio Gain probability vs. loss probability	1.03	1.03	0.00
Calmar ratio Return relative to maximum drawdown	-0.01	0.15	-0.15
Martin ratio Return relative to average drawdown	-0.01	0.27	-0.28
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

U13G.L vs. SHY - Sharpe Ratio Comparison

The current U13G.L Sharpe Ratio is 0.11, which is comparable to the SHY Sharpe Ratio of 0.14. The chart below compares the historical Sharpe Ratios of U13G.L and SHY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	U13G.L	SHY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.11	0.14	-0.03
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.34	0.32	+0.02
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.26	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.22	0.42	-0.20

Correlation

The correlation between U13G.L and SHY is 0.62, 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.

Dividends

U13G.L vs. SHY - Dividend Comparison

U13G.L's dividend yield for the trailing twelve months is around 3.02%, less than SHY's 3.72% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
U13G.L Amundi US Treasury Bond 1-3Y UCITS ETF Dist	3.02%	3.06%	2.39%	1.79%	1.46%	1.19%	1.69%	2.19%	1.96%	1.81%	0.73%	0.00%
SHY iShares 1-3 Year Treasury Bond ETF	3.72%	3.81%	3.92%	2.99%	1.30%	0.26%	0.94%	2.12%	1.72%	0.98%	0.71%	0.54%

Drawdowns

U13G.L vs. SHY - Drawdown Comparison

The maximum U13G.L drawdown since its inception was -18.93%, roughly equal to the maximum SHY drawdown of -18.95%. Use the drawdown chart below to compare losses from any high point for U13G.L and SHY.

Drawdown Indicators

	U13G.L	SHY	Difference
Max Drawdown Largest peak-to-trough decline	-18.93%	-5.71%	-13.22%
Max Drawdown (1Y) Largest decline over 1 year	-6.61%	-0.89%	-5.72%
Max Drawdown (5Y) Largest decline over 5 years	-16.31%	-5.71%	-10.60%
Max Drawdown (10Y) Largest decline over 10 years	—	-5.71%	—
Current Drawdown Current decline from peak	-7.09%	-0.47%	-6.62%
Average Drawdown Average peak-to-trough decline	-9.16%	-0.52%	-8.64%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.24%	0.23%	+5.01%

Volatility

U13G.L vs. SHY - Volatility Comparison

The current volatility for Amundi US Treasury Bond 1-3Y UCITS ETF Dist (U13G.L) is 2.11%, while iShares 1-3 Year Treasury Bond ETF (SHY) has a volatility of 2.47%. This indicates that U13G.L experiences smaller price fluctuations and is considered to be less risky than SHY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	U13G.L	SHY	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.11%	2.47%	-0.36%
Volatility (6M) Calculated over the trailing 6-month period	5.34%	4.76%	+0.58%
Volatility (1Y) Calculated over the trailing 1-year period	8.31%	7.02%	+1.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.14%	8.14%	+1.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.95%	9.33%	+0.62%