XT01.DE vs. TRD1.DE
XT01.DE (Xtrackers US Treasuries Ultrashort Bond UCITS ETF 1C) and TRD1.DE (Invesco US Treasury Bond 0-1 Year UCITS ETF USD Dist) are both Government Bonds funds - XT01.DE tracks the FTSE US Treasury Short Duration Index while TRD1.DE tracks the Bloomberg US Treasury Coupons Index. Both are passively managed. Over the past 5 years, XT01.DE returned 4.09%/yr vs 3.98%/yr for TRD1.DE. With a 0.98 correlation, they move nearly in lockstep. Both charge a 0.06% expense ratio.
Performance
XT01.DE vs. TRD1.DE - Performance Comparison
Loading charts...
Returns By Period
As of year-to-date, both investments have demonstrated similar returns, with XT01.DE at 4.64% and TRD1.DE at 4.64%.
XT01.DE
- 1D
- 0.00%
- 1M
- 1.69%
- 6M
- 3.59%
- YTD
- 4.64%
- 1Y
- 5.32%
- 3Y*
- 4.02%
- 5Y*
- 4.09%
- 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*
- —
XT01.DE vs. TRD1.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% |
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% | -6.81% |
Correlation
The correlation between XT01.DE and TRD1.DE is 0.93, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.93 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.97 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.98 |
Correlation (All Time) Calculated using the full available price history since Sep 10, 2020 | 0.98 |
The correlation between XT01.DE and TRD1.DE has been stable across timeframes, ranging from 0.93 to 0.98 - a consistent structural relationship.
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. TRD1.DE — Risk / Return Rank
XT01.DE
TRD1.DE
XT01.DE vs. TRD1.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 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.
| XT01.DE | TRD1.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.04 | ||
| Sortino ratioReturn per unit of downside risk | +0.04 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.15 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 1.57 | 1.44 | +0.13 |
| Martin ratioReturn relative to average drawdown | 3.74 | 3.75 | -0.01 |
Loading charts...
Drawdowns
XT01.DE vs. TRD1.DE - Drawdown Comparison
The maximum XT01.DE drawdown since its inception was -11.68%, smaller than the maximum TRD1.DE drawdown of -17.81%. Use the drawdown chart below to compare losses from any high point for XT01.DE and TRD1.DE.
Loading charts...
Drawdown Indicators
| XT01.DE | TRD1.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -11.68% | -17.81% | +6.13% |
Max Drawdown (1Y)Largest decline over 1 year | -3.40% | -3.70% | +0.30% |
Max Drawdown (3Y)Largest decline over 3 years | -11.68% | -11.60% | -0.08% |
Max Drawdown (5Y)Largest decline over 5 years | -11.68% | -11.70% | +0.02% |
Current DrawdownCurrent decline from peak | -5.35% | -5.36% | +0.01% |
Average DrawdownAverage peak-to-trough decline | -4.91% | -8.29% | +3.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.43% | 1.42% | +0.01% |
Volatility
XT01.DE vs. TRD1.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 USD Dist (TRD1.DE) at 1.48%. This indicates that XT01.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
| XT01.DE | TRD1.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.58% | 1.48% | +0.10% |
Volatility (6M)Calculated over the trailing 6-month period | 4.22% | 4.65% | -0.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.04% | 6.31% | -0.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.44% | 7.48% | -0.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.28% | 8.09% | -0.81% |
XT01.DE vs. TRD1.DE - Expense Ratio Comparison
Both XT01.DE and TRD1.DE 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
XT01.DE vs. TRD1.DE - Dividend Comparison
XT01.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% |
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
With a correlation of 0.93, XT01.DE and TRD1.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
Both ETFs have the same 0.06% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
XT01.DE and TRD1.DE have the same expense ratio: 0.06% per year.
XT01.DE tracks FTSE US Treasury Short Duration Index, while TRD1.DE tracks Bloomberg US Treasury Coupons Index. They also come from different issuers: Xtrackers and Invesco.
Find the right allocation for XT01.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