XT01.DE vs. T1EU.DE
XT01.DE (Xtrackers US Treasuries Ultrashort Bond UCITS ETF 1C) and T1EU.DE (Invesco US Treasury Bond 0-1 Year UCITS ETF EUR Hdg Acc) are both Government Bonds funds - XT01.DE tracks the FTSE US Treasury Short Duration Index while T1EU.DE tracks the Bloomberg US Treasury Coupons Index. Both are passively managed. Over the past 5 years, XT01.DE returned 4.09%/yr vs 1.40%/yr for T1EU.DE. At a correlation of -0.12, they often move in opposite directions. XT01.DE charges 0.06%/yr vs 0.10%/yr for T1EU.DE.
Performance
XT01.DE vs. T1EU.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, XT01.DE achieves a 4.64% return, which is significantly higher than T1EU.DE's 0.85% return.
XT01.DE
- 1D
- 0.00%
- 1M
- 1.69%
- 6M
- 3.59%
- YTD
- 4.64%
- 1Y
- 5.32%
- 3Y*
- 4.02%
- 5Y*
- 4.09%
- 10Y*
- —
T1EU.DE
- 1D
- 0.00%
- 1M
- 0.14%
- 6M
- 0.81%
- YTD
- 0.85%
- 1Y
- 1.84%
- 3Y*
- 2.69%
- 5Y*
- 1.40%
- 10Y*
- —
XT01.DE vs. T1EU.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
XT01.DE Xtrackers US Treasuries Ultrashort Bond UCITS ETF 1C | 4.64% | -7.30% | 11.24% | 1.44% | 7.11% | 8.43% | -3.74% |
T1EU.DE Invesco US Treasury Bond 0-1 Year UCITS ETF EUR Hdg Acc | 0.85% | 2.00% | 3.48% | 2.83% | -1.53% | -0.93% | -0.15% |
Correlation
The correlation between XT01.DE and T1EU.DE is -0.12, 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 | -0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.13 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.15 |
Correlation (All Time) Calculated using the full available price history since Sep 10, 2020 | -0.12 |
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
XT01.DE vs. T1EU.DE — Risk / Return Rank
XT01.DE
T1EU.DE
XT01.DE vs. T1EU.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers US Treasuries Ultrashort Bond UCITS ETF 1C (XT01.DE) and Invesco US Treasury Bond 0-1 Year UCITS ETF EUR Hdg Acc (T1EU.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.
| XT01.DE | T1EU.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.38 | ||
| Sortino ratioReturn per unit of downside risk | -0.57 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.35 | -0.20 |
| Calmar ratioReturn relative to maximum drawdown | 1.57 | 3.62 | -2.05 |
| Martin ratioReturn relative to average drawdown | 3.74 | 17.64 | -13.90 |
Loading charts...
Drawdowns
XT01.DE vs. T1EU.DE - Drawdown Comparison
The maximum XT01.DE drawdown since its inception was -11.68%, which is greater than T1EU.DE's maximum drawdown of -3.20%. Use the drawdown chart below to compare losses from any high point for XT01.DE and T1EU.DE.
Loading charts...
Drawdown Indicators
| XT01.DE | T1EU.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -11.68% | -3.20% | -8.48% |
Max Drawdown (1Y)Largest decline over 1 year | -3.40% | -0.51% | -2.89% |
Max Drawdown (3Y)Largest decline over 3 years | -11.68% | -0.51% | -11.17% |
Max Drawdown (5Y)Largest decline over 5 years | -11.68% | -2.36% | -9.32% |
Current DrawdownCurrent decline from peak | -5.35% | 0.00% | -5.35% |
Average DrawdownAverage peak-to-trough decline | -4.91% | -0.85% | -4.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.43% | 0.10% | +1.33% |
Volatility
XT01.DE vs. T1EU.DE - Volatility Comparison
Xtrackers US Treasuries Ultrashort Bond UCITS ETF 1C (XT01.DE) has a higher volatility of 1.58% compared to Invesco US Treasury Bond 0-1 Year UCITS ETF EUR Hdg Acc (T1EU.DE) at 0.06%. This indicates that XT01.DE's price experiences larger fluctuations and is considered to be riskier than T1EU.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XT01.DE | T1EU.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.58% | 0.06% | +1.52% |
Volatility (6M)Calculated over the trailing 6-month period | 4.22% | 1.05% | +3.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.04% | 1.44% | +4.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.44% | 0.81% | +6.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.28% | 0.73% | +6.55% |
XT01.DE vs. T1EU.DE - Expense Ratio Comparison
XT01.DE has a 0.06% expense ratio, which is lower than T1EU.DE's 0.10% 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
XT01.DE vs. T1EU.DE - Dividend Comparison
Neither XT01.DE nor T1EU.DE has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
T1EU.DE Invesco US Treasury Bond 0-1 Year UCITS ETF EUR Hdg Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.13% |
XT01.DE Xtrackers US Treasuries Ultrashort Bond UCITS ETF 1C | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
XT01.DE and T1EU.DE have a correlation of -0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XT01.DE is cheaper at 0.06% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XT01.DE is cheaper with a 0.06% expense ratio, compared with 0.10% for T1EU.DE.
XT01.DE tracks FTSE US Treasury Short Duration Index, while T1EU.DE tracks Bloomberg US Treasury Coupons Index. They also come from different issuers: Xtrackers and Invesco. Their fees differ too: 0.06% for XT01.DE and 0.10% for T1EU.DE.
Find the right allocation for XT01.DE and T1EU.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