U13G.L vs. XUT3.L
U13G.L (Amundi US Treasury Bond 1-3Y UCITS ETF Dist) and XUT3.L (Xtrackers II US Treasuries 1-3 UCITS ETF 1D) are both Government Bonds funds - U13G.L tracks the Bloomberg US 1-3 Year Treasury Bond Index while XUT3.L tracks the iBoxx USD Treasuries 1-3 Index. Both are passively managed. Over the past 5 years, U13G.L returned 2.90%/yr vs 2.96%/yr for XUT3.L. A 0.63 correlation means they provide meaningful diversification when combined. Both charge a 0.06% expense ratio.
Performance
U13G.L vs. XUT3.L - Performance Comparison
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Different Trading Currencies
U13G.L is traded in GBp, while XUT3.L is traded in USD. To make them comparable, the XUT3.L 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 0.61% return, which is significantly lower than XUT3.L's 0.95% return.
U13G.L
- 1D
- 0.11%
- 1M
- 1.21%
- YTD
- 0.61%
- 6M
- 0.27%
- 1Y
- 4.64%
- 3Y*
- 1.46%
- 5Y*
- 2.90%
- 10Y*
- —
XUT3.L
- 1D
- 0.10%
- 1M
- 1.04%
- YTD
- 0.95%
- 6M
- 0.23%
- 1Y
- 4.46%
- 3Y*
- 1.56%
- 5Y*
- 2.96%
- 10Y*
- 2.49%
U13G.L vs. XUT3.L - 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 | 0.61% | -2.01% | 5.86% | -1.60% | 7.66% | 0.59% | -0.77% | 0.61% | 6.73% | -8.67% |
XUT3.L Xtrackers II US Treasuries 1-3 UCITS ETF 1D | 0.92% | -2.42% | 5.95% | -1.10% | 7.87% | 0.32% | -0.08% | -0.38% | 7.45% | -8.40% |
Correlation
The correlation between U13G.L and XUT3.L is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.52 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.63 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.65 |
Correlation (All Time) Calculated using the full available price history since Sep 14, 2016 | 0.63 |
The correlation between U13G.L and XUT3.L shifts across timeframes, from 0.52 (1 year) to 0.65 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
U13G.L vs. XUT3.L — Risk / Return Rank
U13G.L
XUT3.L
U13G.L vs. XUT3.L - 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 Xtrackers II US Treasuries 1-3 UCITS ETF 1D (XUT3.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.
| U13G.L | XUT3.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.09 | ||
| Sortino ratioReturn per unit of downside risk | +0.13 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.12 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 1.27 | 0.85 | +0.41 |
| Martin ratioReturn relative to average drawdown | 3.07 | 2.31 | +0.76 |
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
| U13G.L | XUT3.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.78 | 0.69 | +0.09 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.40 | 0.36 | +0.04 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.27 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.21 | 0.33 | -0.13 |
Drawdowns
U13G.L vs. XUT3.L - Drawdown Comparison
The maximum U13G.L drawdown since its inception was -18.93%, roughly equal to the maximum XUT3.L drawdown of -18.58%. Use the drawdown chart below to compare losses from any high point for U13G.L and XUT3.L.
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Drawdown Indicators
| U13G.L | XUT3.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.93% | -18.58% | -0.35% |
Max Drawdown (1Y)Largest decline over 1 year | -4.58% | -5.21% | +0.63% |
Max Drawdown (3Y)Largest decline over 3 years | -8.93% | -9.27% | +0.34% |
Max Drawdown (5Y)Largest decline over 5 years | -16.31% | -16.72% | +0.41% |
Max Drawdown (10Y)Largest decline over 10 years | — | -18.58% | — |
Current DrawdownCurrent decline from peak | -7.67% | -8.02% | +0.35% |
Average DrawdownAverage peak-to-trough decline | -9.14% | -8.22% | -0.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.60% | 1.92% | +1.68% |
Volatility
U13G.L vs. XUT3.L - Volatility Comparison
The current volatility for Amundi US Treasury Bond 1-3Y UCITS ETF Dist (U13G.L) is 1.49%, while Xtrackers II US Treasuries 1-3 UCITS ETF 1D (XUT3.L) has a volatility of 1.65%. This indicates that U13G.L experiences smaller price fluctuations and is considered to be less risky than XUT3.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| U13G.L | XUT3.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.49% | 1.65% | -0.16% |
Volatility (6M)Calculated over the trailing 6-month period | 4.98% | 4.93% | +0.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.43% | 6.41% | +1.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.11% | 8.22% | +0.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.89% | 9.43% | +0.46% |
U13G.L vs. XUT3.L - Expense Ratio Comparison
Both U13G.L and XUT3.L have an expense ratio of 0.06%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
U13G.L vs. XUT3.L - Dividend Comparison
U13G.L's dividend yield for the trailing twelve months is around 3.04%, more than XUT3.L's 2.84% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
U13G.L Amundi US Treasury Bond 1-3Y UCITS ETF Dist | 3.04% | 3.06% | 2.39% | 1.79% | 1.46% | 1.19% | 1.69% | 2.19% | 1.96% | 1.81% | 0.73% |
XUT3.L Xtrackers II US Treasuries 1-3 UCITS ETF 1D | 2.84% | 2.70% | 2.35% | 1.80% | 1.00% | 2.89% | 2.43% | 1.16% | 1.00% | 0.69% | 0.00% |
Frequently Asked Questions
U13G.L and XUT3.L have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.06% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
U13G.L and XUT3.L have the same expense ratio: 0.06% per year.
U13G.L tracks Bloomberg US 1-3 Year Treasury Bond Index, while XUT3.L tracks iBoxx USD Treasuries 1-3 Index. They also come from different issuers: Amundi and Xtrackers.
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