UEFI.DE vs. 0NS.DE

Last updated Jul 16, 2026

UEFI.DE (UBS ETF (LU) Bloomberg US 7-10 Year Treasury Bond UCITS ETF (USD) A-dis) and 0NS.DE (Amundi US Treasury Bond 0-1Y UCITS ETF SGD Hedged (Acc)) are both Government Bonds funds - UEFI.DE tracks the Bloomberg US 7-10 Year Treasury Bond Index while 0NS.DE tracks the Bloomberg US Short Treasury Index (SGD Hedged). Both are passively managed. Over the past 3 years, UEFI.DE returned 2.00%/yr vs 2.50%/yr for 0NS.DE. At a 0.35 correlation, their price movements are largely independent. UEFI.DE charges 0.05%/yr vs 0.08%/yr for 0NS.DE.

Performance

UEFI.DE vs. 0NS.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in UBS ETF (LU) Bloomberg US 7-10 Year Treasury Bond UCITS ETF (USD) A-dis (UEFI.DE) and Amundi US Treasury Bond 0-1Y UCITS ETF SGD Hedged (Acc) (0NS.DE). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

UEFI.DE is traded in EUR, while 0NS.DE is traded in USD. To make them comparable, the 0NS.DE values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, UEFI.DE achieves a 2.95% return, which is significantly higher than 0NS.DE's 2.44% return.

UEFI.DE

• 1D: 0.15%
• 1M: 1.48%
• 6M: 1.96%
• YTD: 2.95%
• 1Y: 4.95%
• 3Y*: 2.00%
• 5Y*: -0.85%
• 10Y*: 0.19%

0NS.DE

• 1D: -0.39%
• 1M: 0.52%
• 6M: 1.75%
• YTD: 2.44%
• 1Y: 1.99%
• 3Y*: 2.50%
• 5Y*: —
• 10Y*: —

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

UEFI.DE vs. 0NS.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
UEFI.DE UBS ETF (LU) Bloomberg US 7-10 Year Treasury Bond UCITS ETF (USD) A-dis	2.95%	-4.76%	5.09%	-0.05%	-4.03%
0NS.DE Amundi US Treasury Bond 0-1Y UCITS ETF SGD Hedged (Acc)	2.44%	-4.75%	6.80%	1.82%	-24.72%

Correlation

The correlation between UEFI.DE and 0NS.DE is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.34
Correlation (3Y) Calculated over the trailing 3-year period	0.33
Correlation (All Time) Calculated using the full available price history since Apr 25, 2022	0.35

Return for Risk

UEFI.DE vs. 0NS.DE — Risk / Return Rank

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

UEFI.DE

UEFI.DE Risk / Return Rank: 29
UEFI.DE Sharpe Ratio Rank: 30
UEFI.DE Sortino Ratio Rank: 31
UEFI.DE Omega Ratio Rank: 28
UEFI.DE Calmar Ratio Rank: 30
UEFI.DE Martin Ratio Rank: 29

0NS.DE

0NS.DE Risk / Return Rank: 12
0NS.DE Sharpe Ratio Rank: 13
0NS.DE Sortino Ratio Rank: 11
0NS.DE Omega Ratio Rank: 11
0NS.DE Calmar Ratio Rank: 14
0NS.DE Martin Ratio Rank: 13

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.

UEFI.DE vs. 0NS.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for UBS ETF (LU) Bloomberg US 7-10 Year Treasury Bond UCITS ETF (USD) A-dis (UEFI.DE) and Amundi US Treasury Bond 0-1Y UCITS ETF SGD Hedged (Acc) (0NS.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.

	UEFI.DE	0NS.DE	Difference
Sharpe ratio: Return per unit of total volatility	0.93	0.44	+0.49
Sortino ratio: Return per unit of downside risk	1.42	0.66	+0.76
Omega ratio: Gain probability vs. loss probability	1.17	1.08	+0.09
Calmar ratio: Return relative to maximum drawdown	1.26	0.80	+0.46
Martin ratio: Return relative to average drawdown	3.30	1.41	+1.88

UEFI.DE vs. 0NS.DE - Sharpe Ratio Comparison

The current UEFI.DE Sharpe Ratio is 0.93, which is higher than the 0NS.DE Sharpe Ratio of 0.44. The chart below compares the historical Sharpe Ratios of UEFI.DE and 0NS.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

UEFI.DE vs. 0NS.DE - Drawdown Comparison

The maximum UEFI.DE drawdown since its inception was -33.55%, which is greater than 0NS.DE's maximum drawdown of -28.49%. Use the drawdown chart below to compare losses from any high point for UEFI.DE and 0NS.DE.

Drawdown Indicators

	UEFI.DE	0NS.DE	Difference
Max Drawdown Largest peak-to-trough decline	-33.55%	-28.49%	-5.06%
Max Drawdown (1Y) Largest decline over 1 year	-3.91%	-2.47%	-1.44%
Max Drawdown (3Y) Largest decline over 3 years	-10.74%	-6.83%	-3.91%
Max Drawdown (5Y) Largest decline over 5 years	-15.68%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-22.74%	—	—
Current Drawdown Current decline from peak	-15.40%	-21.33%	+5.93%
Average Drawdown Average peak-to-trough decline	-14.52%	-23.55%	+9.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.50%	1.41%	+0.09%

Volatility

UEFI.DE vs. 0NS.DE - Volatility Comparison

UBS ETF (LU) Bloomberg US 7-10 Year Treasury Bond UCITS ETF (USD) A-dis (UEFI.DE) and Amundi US Treasury Bond 0-1Y UCITS ETF SGD Hedged (Acc) (0NS.DE) have volatilities of 1.37% and 1.32%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	UEFI.DE	0NS.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.37%	1.32%	+0.05%
Volatility (6M) Calculated over the trailing 6-month period	3.69%	3.35%	+0.34%
Volatility (1Y) Calculated over the trailing 1-year period	5.32%	4.52%	+0.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.87%	14.42%	-5.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.11%	14.42%	+0.69%

UEFI.DE vs. 0NS.DE - Expense Ratio Comparison

UEFI.DE has a 0.05% expense ratio, which is lower than 0NS.DE's 0.08% 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

UEFI.DE vs. 0NS.DE - Dividend Comparison

UEFI.DE's dividend yield for the trailing twelve months is around 3.03%, while 0NS.DE has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
0NS.DE Amundi US Treasury Bond 0-1Y UCITS ETF SGD Hedged (Acc)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
UEFI.DE UBS ETF (LU) Bloomberg US 7-10 Year Treasury Bond UCITS ETF (USD) A-dis	3.03%	2.22%	2.44%	2.79%	1.42%	0.98%	2.00%	2.11%	2.73%	1.95%	0.85%	0.88%

Frequently Asked Questions

Can I hold both UEFI.DE and 0NS.DE in my portfolio?

UEFI.DE and 0NS.DE have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, UEFI.DE or 0NS.DE?

On fees, UEFI.DE is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, UEFI.DE or 0NS.DE?

UEFI.DE is cheaper with a 0.05% expense ratio, compared with 0.08% for 0NS.DE.

What is the main difference between UEFI.DE and 0NS.DE?

UEFI.DE tracks Bloomberg US 7-10 Year Treasury Bond Index, while 0NS.DE tracks Bloomberg US Short Treasury Index (SGD Hedged). They also come from different issuers: UBS and Amundi. Their fees differ too: 0.05% for UEFI.DE and 0.08% for 0NS.DE.