VX6F.DE vs. TRD1.DE
VX6F.DE (Vanguard U.K. Gilt UCITS ETF GBP Accumulation) and TRD1.DE (Invesco US Treasury Bond 0-1 Year UCITS ETF USD Dist) are both Government Bonds funds - VX6F.DE tracks the Bloomberg Sterling Gilt Float Adjusted Index while TRD1.DE tracks the Bloomberg US Treasury Coupons Index. Both are passively managed. Over the past 5 years, VX6F.DE returned -2.74%/yr vs 3.98%/yr for TRD1.DE. At a correlation of -0.05, they often move in opposite directions. VX6F.DE charges 0.05%/yr vs 0.06%/yr for TRD1.DE.
Performance
VX6F.DE vs. TRD1.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, VX6F.DE achieves a 0.77% return, which is significantly lower than TRD1.DE's 4.64% return.
VX6F.DE
- 1D
- 0.00%
- 1M
- 0.30%
- 6M
- -0.99%
- YTD
- 0.77%
- 1Y
- 3.78%
- 3Y*
- 2.65%
- 5Y*
- -2.74%
- 10Y*
- —
TRD1.DE
- 1D
- 0.08%
- 1M
- 1.66%
- 6M
- 3.54%
- YTD
- 4.64%
- 1Y
- 5.35%
- 3Y*
- 4.01%
- 5Y*
- 3.98%
- 10Y*
- —
VX6F.DE vs. TRD1.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
VX6F.DE Vanguard U.K. Gilt UCITS ETF GBP Accumulation | 0.77% | 0.53% | -0.19% | 18.92% | -26.90% | -5.30% | 6.89% |
TRD1.DE Invesco US Treasury Bond 0-1 Year UCITS ETF USD Dist | 4.64% | -7.35% | 11.23% | 1.38% | 6.73% | 8.36% | -17.72% |
Correlation
The correlation between VX6F.DE and TRD1.DE is -0.13, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.13 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.07 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.06 |
Correlation (All Time) Calculated using the full available price history since Jan 21, 2020 | -0.05 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
VX6F.DE vs. TRD1.DE — Risk / Return Rank
VX6F.DE
TRD1.DE
VX6F.DE vs. TRD1.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard U.K. Gilt UCITS ETF GBP Accumulation (VX6F.DE) and Invesco US Treasury Bond 0-1 Year UCITS ETF USD Dist (TRD1.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.
| VX6F.DE | TRD1.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.36 | ||
| Sortino ratioReturn per unit of downside risk | -0.56 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.15 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 0.71 | 1.44 | -0.73 |
| Martin ratioReturn relative to average drawdown | 2.18 | 3.75 | -1.57 |
Loading charts...
Drawdowns
VX6F.DE vs. TRD1.DE - Drawdown Comparison
The maximum VX6F.DE drawdown since its inception was -38.93%, which is greater than TRD1.DE's maximum drawdown of -17.81%. Use the drawdown chart below to compare losses from any high point for VX6F.DE and TRD1.DE.
Loading charts...
Drawdown Indicators
| VX6F.DE | TRD1.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.93% | -17.81% | -21.12% |
Max Drawdown (1Y)Largest decline over 1 year | -5.35% | -3.70% | -1.65% |
Max Drawdown (3Y)Largest decline over 3 years | -9.02% | -11.60% | +2.58% |
Max Drawdown (5Y)Largest decline over 5 years | -36.83% | -11.70% | -25.13% |
Current DrawdownCurrent decline from peak | -18.84% | -5.36% | -13.48% |
Average DrawdownAverage peak-to-trough decline | -14.84% | -8.29% | -6.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.74% | 1.42% | +0.32% |
Volatility
VX6F.DE vs. TRD1.DE - Volatility Comparison
Vanguard U.K. Gilt UCITS ETF GBP Accumulation (VX6F.DE) has a higher volatility of 1.99% compared to Invesco US Treasury Bond 0-1 Year UCITS ETF USD Dist (TRD1.DE) at 1.48%. This indicates that VX6F.DE's price experiences larger fluctuations and is considered to be riskier than TRD1.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| VX6F.DE | TRD1.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.99% | 1.48% | +0.51% |
Volatility (6M)Calculated over the trailing 6-month period | 6.25% | 4.65% | +1.60% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.82% | 6.31% | +1.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.94% | 7.48% | +5.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.04% | 8.09% | +3.95% |
VX6F.DE vs. TRD1.DE - Expense Ratio Comparison
VX6F.DE has a 0.05% expense ratio, which is lower than TRD1.DE's 0.06% 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
VX6F.DE vs. TRD1.DE - Dividend Comparison
VX6F.DE has not paid dividends to shareholders, while TRD1.DE's dividend yield for the trailing twelve months is around 3.86%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
TRD1.DE Invesco US Treasury Bond 0-1 Year UCITS ETF USD Dist | 3.86% | 4.35% | 4.82% | 4.70% | 1.55% | 0.10% | 0.74% |
VX6F.DE Vanguard U.K. Gilt UCITS ETF GBP Accumulation | 0.00% | 0.37% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
VX6F.DE and TRD1.DE have a correlation of -0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VX6F.DE is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VX6F.DE is cheaper with a 0.05% expense ratio, compared with 0.06% for TRD1.DE.
VX6F.DE tracks Bloomberg Sterling Gilt Float Adjusted Index, while TRD1.DE tracks Bloomberg US Treasury Coupons Index. They also come from different issuers: Vanguard and Invesco. Their fees differ too: 0.05% for VX6F.DE and 0.06% for TRD1.DE.
Find the right allocation for VX6F.DE and TRD1.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer