XUT3.L vs. CBU7.L

Last updated Apr 2, 2026

Compare and contrast key facts about Xtrackers iBoxx USD Treasuries 1-3 UCITS ETF 1D (XUT3.L) and iShares $ Treasury Bond 3-7yr UCITS ETF USD Acc (CBU7.L).

XUT3.L and CBU7.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XUT3.L is a passively managed fund by Xtrackers that tracks the performance of the Bloomberg US Government TR USD. It was launched on Jul 7, 2009. CBU7.L is a passively managed fund by iShares that tracks the performance of the ICE U.S. Treasury 3-7 Year Bond Index. It was launched on Jun 3, 2009. Both XUT3.L and CBU7.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

XUT3.L vs. CBU7.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Xtrackers iBoxx USD Treasuries 1-3 UCITS ETF 1D (XUT3.L) and iShares $ Treasury Bond 3-7yr UCITS ETF USD Acc (CBU7.L). The values are adjusted to include any dividend payments, if applicable.

XUT3.L vs. CBU7.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
XUT3.L Xtrackers iBoxx USD Treasuries 1-3 UCITS ETF 1D	0.30%	5.06%	4.13%	4.10%	-3.60%	-0.62%	2.95%	3.56%	1.44%	0.27%
CBU7.L iShares $ Treasury Bond 3-7yr UCITS ETF USD Acc	-0.28%	7.34%	2.16%	4.26%	-9.35%	-2.35%	6.98%	6.06%	1.21%	1.26%

Returns By Period

In the year-to-date period, XUT3.L achieves a 0.30% return, which is significantly higher than CBU7.L's -0.28% return. Over the past 10 years, XUT3.L has outperformed CBU7.L with an annualized return of 1.72%, while CBU7.L has yielded a comparatively lower 1.44% annualized return.

XUT3.L

• 1D: 0.06%
• 1M: -0.25%
• YTD: 0.30%
• 6M: 1.35%
• 1Y: 3.73%
• 3Y*: 4.06%
• 5Y*: 1.83%
• 10Y*: 1.72%

CBU7.L

• 1D: 0.08%
• 1M: -1.04%
• YTD: -0.28%
• 6M: 0.99%
• 1Y: 4.01%
• 3Y*: 3.62%
• 5Y*: 0.60%
• 10Y*: 1.44%

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

XUT3.L vs. CBU7.L - Expense Ratio Comparison

Both XUT3.L and CBU7.L have an expense ratio of 0.07%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

XUT3.L

Xtrackers iBoxx USD Treasuries 1-3 UCITS ETF 1D

CBU7.L

iShares $ Treasury Bond 3-7yr UCITS ETF USD Acc

Return for Risk

XUT3.L vs. CBU7.L — Risk / Return Rank

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

XUT3.L

XUT3.L Risk / Return Rank: 97
XUT3.L Sharpe Ratio Rank: 97
XUT3.L Sortino Ratio Rank: 98
XUT3.L Omega Ratio Rank: 98
XUT3.L Calmar Ratio Rank: 97
XUT3.L Martin Ratio Rank: 96

CBU7.L

CBU7.L Risk / Return Rank: 61
CBU7.L Sharpe Ratio Rank: 62
CBU7.L Sortino Ratio Rank: 63
CBU7.L Omega Ratio Rank: 56
CBU7.L Calmar Ratio Rank: 66
CBU7.L Martin Ratio Rank: 57

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.

XUT3.L vs. CBU7.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers iBoxx USD Treasuries 1-3 UCITS ETF 1D (XUT3.L) and iShares $ Treasury Bond 3-7yr UCITS ETF USD Acc (CBU7.L). 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.

	XUT3.L	CBU7.L	Difference
Sharpe ratio Return per unit of total volatility	3.00	1.17	+1.83
Sortino ratio Return per unit of downside risk	4.82	1.69	+3.14
Omega ratio Gain probability vs. loss probability	1.68	1.22	+0.45
Calmar ratio Return relative to maximum drawdown	5.57	1.88	+3.68
Martin ratio Return relative to average drawdown	19.22	6.18	+13.04
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XUT3.L vs. CBU7.L - Sharpe Ratio Comparison

The current XUT3.L Sharpe Ratio is 3.00, which is higher than the CBU7.L Sharpe Ratio of 1.17. The chart below compares the historical Sharpe Ratios of XUT3.L and CBU7.L, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	XUT3.L	CBU7.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.00	1.17	+1.83
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.97	0.13	+0.85
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	1.15	0.35	+0.80
Sharpe Ratio (All Time) Calculated using the full available price history	1.14	0.59	+0.55

Correlation

The correlation between XUT3.L and CBU7.L is 0.74, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

XUT3.L vs. CBU7.L - Dividend Comparison

XUT3.L's dividend yield for the trailing twelve months is around 2.85%, while CBU7.L has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
XUT3.L Xtrackers iBoxx USD Treasuries 1-3 UCITS ETF 1D	2.85%	2.70%	2.35%	1.80%	1.00%	2.89%	2.43%	1.16%	1.00%	0.69%
CBU7.L iShares $ Treasury Bond 3-7yr UCITS ETF USD Acc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

XUT3.L vs. CBU7.L - Drawdown Comparison

The maximum XUT3.L drawdown since its inception was -5.45%, smaller than the maximum CBU7.L drawdown of -14.18%. Use the drawdown chart below to compare losses from any high point for XUT3.L and CBU7.L.

Drawdown Indicators

	XUT3.L	CBU7.L	Difference
Max Drawdown Largest peak-to-trough decline	-5.45%	-14.18%	+8.73%
Max Drawdown (1Y) Largest decline over 1 year	-0.67%	-2.23%	+1.56%
Max Drawdown (5Y) Largest decline over 5 years	-5.45%	-13.55%	+8.10%
Max Drawdown (10Y) Largest decline over 10 years	-5.45%	-14.18%	+8.73%
Current Drawdown Current decline from peak	-0.36%	-1.36%	+1.00%
Average Drawdown Average peak-to-trough decline	-0.73%	-3.36%	+2.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.20%	0.68%	-0.48%

Volatility

XUT3.L vs. CBU7.L - Volatility Comparison

The current volatility for Xtrackers iBoxx USD Treasuries 1-3 UCITS ETF 1D (XUT3.L) is 0.40%, while iShares $ Treasury Bond 3-7yr UCITS ETF USD Acc (CBU7.L) has a volatility of 1.15%. This indicates that XUT3.L experiences smaller price fluctuations and is considered to be less risky than CBU7.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XUT3.L	CBU7.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.40%	1.15%	-0.75%
Volatility (6M) Calculated over the trailing 6-month period	0.68%	1.91%	-1.23%
Volatility (1Y) Calculated over the trailing 1-year period	1.24%	3.43%	-2.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.88%	4.67%	-2.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.49%	4.09%	-2.60%