XT01.DE vs. TRDL.DE
XT01.DE (Xtrackers US Treasuries Ultrashort Bond UCITS ETF 1C) and TRDL.DE (Invesco US Treasury Bond 10+ Year UCITS ETF Dist) are both Government Bonds funds - XT01.DE tracks the FTSE US Treasury Short Duration Index while TRDL.DE tracks the Bloomberg US Long Treasury Index. Both are passively managed. Over the past 3 years, XT01.DE returned 1.88%/yr vs -4.02%/yr for TRDL.DE. At a 0.21 correlation, their price movements are largely independent. Both charge a 0.06% expense ratio.
Performance
XT01.DE vs. TRDL.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XT01.DE achieves a 2.61% return, which is significantly higher than TRDL.DE's 0.56% return.
XT01.DE
- 1D
- -0.08%
- 1M
- 0.98%
- YTD
- 2.61%
- 6M
- 2.04%
- 1Y
- 2.13%
- 3Y*
- 1.88%
- 5Y*
- 4.31%
- 10Y*
- —
TRDL.DE
- 1D
- 0.19%
- 1M
- 1.37%
- YTD
- 0.56%
- 6M
- -0.99%
- 1Y
- 1.59%
- 3Y*
- -4.02%
- 5Y*
- —
- 10Y*
- —
XT01.DE vs. TRDL.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
XT01.DE Xtrackers US Treasuries Ultrashort Bond UCITS ETF 1C | 2.61% | -7.30% | 11.24% | 1.44% | -7.26% |
TRDL.DE Invesco US Treasury Bond 10+ Year UCITS ETF Dist | 0.56% | -6.69% | -1.18% | -1.92% | -4.24% |
Correlation
The correlation between XT01.DE and TRDL.DE is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.28 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.20 |
Correlation (All Time) Calculated using the full available price history since Oct 19, 2022 | 0.21 |
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Return for Risk
XT01.DE vs. TRDL.DE — Risk / Return Rank
XT01.DE
TRDL.DE
XT01.DE vs. TRDL.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 10+ Year UCITS ETF Dist (TRDL.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.
| XT01.DE | TRDL.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.18 | ||
| Sortino ratioReturn per unit of downside risk | +0.22 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.04 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 0.63 | 0.23 | +0.39 |
| Martin ratioReturn relative to average drawdown | 1.33 | 0.51 | +0.82 |
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
| XT01.DE | TRDL.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.35 | 0.18 | +0.18 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.57 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.44 | -0.28 | +0.72 |
Drawdowns
XT01.DE vs. TRDL.DE - Drawdown Comparison
The maximum XT01.DE drawdown since its inception was -11.68%, smaller than the maximum TRDL.DE drawdown of -21.20%. Use the drawdown chart below to compare losses from any high point for XT01.DE and TRDL.DE.
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Drawdown Indicators
| XT01.DE | TRDL.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -11.68% | -21.20% | +9.52% |
Max Drawdown (1Y)Largest decline over 1 year | -3.40% | -6.76% | +3.36% |
Max Drawdown (3Y)Largest decline over 3 years | -11.68% | -16.89% | +5.21% |
Max Drawdown (5Y)Largest decline over 5 years | -11.68% | — | — |
Current DrawdownCurrent decline from peak | -7.19% | -16.50% | +9.31% |
Average DrawdownAverage peak-to-trough decline | -4.90% | -11.77% | +6.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.60% | 3.09% | -1.49% |
Volatility
XT01.DE vs. TRDL.DE - Volatility Comparison
The current volatility for Xtrackers US Treasuries Ultrashort Bond UCITS ETF 1C (XT01.DE) is 1.25%, while Invesco US Treasury Bond 10+ Year UCITS ETF Dist (TRDL.DE) has a volatility of 2.50%. This indicates that XT01.DE experiences smaller price fluctuations and is considered to be less risky than TRDL.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XT01.DE | TRDL.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.25% | 2.50% | -1.25% |
Volatility (6M)Calculated over the trailing 6-month period | 4.02% | 6.26% | -2.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.04% | 9.00% | -2.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.44% | 13.14% | -5.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.26% | 13.14% | -5.88% |
XT01.DE vs. TRDL.DE - Expense Ratio Comparison
Both XT01.DE and TRDL.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. TRDL.DE - Dividend Comparison
XT01.DE has not paid dividends to shareholders, while TRDL.DE's dividend yield for the trailing twelve months is around 4.15%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
TRDL.DE Invesco US Treasury Bond 10+ Year UCITS ETF Dist | 4.15% | 4.26% | 4.36% | 2.87% | 0.51% |
XT01.DE Xtrackers US Treasuries Ultrashort Bond UCITS ETF 1C | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
XT01.DE and TRDL.DE have a correlation of 0.28, 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.
XT01.DE and TRDL.DE have the same expense ratio: 0.06% per year.
XT01.DE tracks FTSE US Treasury Short Duration Index, while TRDL.DE tracks Bloomberg US Long Treasury Index. They also come from different issuers: Xtrackers and Invesco.
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