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Rebalix
Comparison report · official data side by side

T1EU vs TIGB


T1EUInvesco US Treasury Bond 0-1 Year UCITS ETF EUR Hdg Acc
IE00BLCH1X54 · Bonds · Government EUR · 0-1 years · Eurozone
TIGBInvesco US Treasury Bond 0-1 Year UCITS ETF GBP Hdg Dist
IE00BKWD3F20 · Bonds · Government GBP · 0-1 years · Europe
Open the interactive comparison on rebalix.com →

Comparison window: 30 Mar 202010 Aug 2026 (max: from the most recent launch) · currency: 🇪🇺 EUR · inflation: 🇮🇹 Italy · distributions: reinvested where declared

Report produced on 5 September 2026 · data as of the dates shown per section
Sources: official issuer documents (KID, factsheet, declared NAV series and holdings), ESMA register, ECB rates, Eurostat
Public methodology: rebalix.com/en/methodology

Informational document generated by rebalix.com — facts side by side, no recommendations. It does not constitute investment advice or investment research under Directive 2014/65/EU (MiFID II). Past performance is not indicative of future results.

RebalixT1EU vs TIGB · report of 5 September 2026

The funds at a glance

From official issuer documents and the ESMA register
T1EUIE00BLCH1X54Invesco US Treasury Bond 0-1 Year UCITS ETF EUR Hdg AccBonds · Government EUR · 0-1 years · Eurozone
Declared index
Bloomberg US Treasury Coupons Index
TER
0.10%
Transaction (KID)
0.05%
Fund size
484 mln EUR
Launch
30 Mar 2020
Currency
EUR
Replication
Physical
Hedging
Yes — in EUR
Holdings
51
Duration
0.48 yrs
Distributions 12m
acc.
Effective 🇮🇹 rate
12.50%
TIGBIE00BKWD3F20Invesco US Treasury Bond 0-1 Year UCITS ETF GBP Hdg DistBonds · Government GBP · 0-1 years · Europe
Declared index
Bloomberg US Treasury Coupons Index
TER
0.10%
Transaction (KID)
0.05%
Fund size
415 mln EUR
Launch
21 Jan 2020
Currency
GBP
Replication
Physical
Hedging
Yes — in GBP
Holdings
51
Duration
0.48 yrs
Distributions 12m
1.5393 GBP
Effective 🇮🇹 rate
12.50%

Tracking difference — year by year

Fund minus index, from issuer-declared series (complete calendar years). Each measures adherence to its OWN index.
T1EUn/d
hedged class: the published index is unhedged, the gap would measure the exchange rate
TIGBn/d
hedged class: the published index is unhedged, the gap would measure the exchange rate
Rebalix · T1EU vs TIGBsection 1 of 4
RebalixT1EU vs TIGB · report of 5 September 2026
T1EUInvesco US Treasury Bond 0-1 Year UCITS ETF EUR Hdg Acc · IE00BLCH1X54 · Bonds · Government EUR · 0-1 years · Eurozone
TIGBInvesco US Treasury Bond 0-1 Year UCITS ETF GBP Hdg Dist · IE00BKWD3F20 · Bonds · Government GBP · 0-1 years · Europe

Performance over the period, in euro

From 30 Mar 2020 to 10 Aug 2026 · base 100 · ECB rates, dividends reinvested where declared
In euro (nominal)
10012183106120
In today’s purchasing power (net of Italy inflation)
100121838698
T1EUTIGB
Same scale in both panels: the gap between endpoints is Italian inflation over the period (Eurostat). Volatility stays nominal, as everywhere on the site.

How far they fell — drawdown from peak (nominal)

In euro · distance from the previous peak, day by day, on NAV: for distributing classes it includes ex-dividend drops (slightly deeper than total return)
0%-2%-4%-6%-8%-10%T1EUTIGB202120222023202420252026trough T1EU: −3.4% · 03 Nov 2022trough TIGB: −9.7% · 28 Sept 2022
Filled area: T1EU; thin lines: the other funds.
The worst episode, fund by fund
FundMax drawdownTroughRecovery timeUnderwater
T1EU−3.4%03 Nov 2022463 days1,411 days · back to break-even on 09 Feb 2024
TIGB−9.7%28 Sept 2022not yet1,620 days (ongoing)
"Recovery time" = the climb only: trough to break-even (0%). "Underwater" = decline + recovery: peak to break-even.

Drawdown net of Italy inflation

Same curve in purchasing-power terms: as on the site, drawdown follows the real view (volatility stays nominal, per methodology)
0%-5%-10%-15%-20%-25%-30%T1EUTIGB202120222023202420252026trough T1EU: −18.3% · 01 Dec 2022trough TIGB: −23.3% · 02 Apr 2026
In real terms declines are deeper and recoveries slower. Monthly price index (Eurostat), held at the last published value.
Rebalix · T1EU vs TIGBsection 2 of 4
RebalixT1EU vs TIGB · report of 5 September 2026
T1EUInvesco US Treasury Bond 0-1 Year UCITS ETF EUR Hdg Acc · IE00BLCH1X54 · Bonds · Government EUR · 0-1 years · Eurozone
TIGBInvesco US Treasury Bond 0-1 Year UCITS ETF GBP Hdg Dist · IE00BKWD3F20 · Bonds · Government GBP · 0-1 years · Europe

Geographic composition

% of portfolio, from full declared holdings
T1EUTIGB

Sector composition

GICS sectors, same sources and dates
T1EUTIGB

Portfolio overlap

51 common holdings · ticker match on full official portfolios
25%50%75%100%Weight of common holdings in T1EU100.0%Weight of common holdings in TIGB100.0%Truly shared part (duplicated investment)100.0%
How the shared part is computed: for each security held by both funds, only the SMALLER of the two weights counts — a stock at 5% in one fund and 1% in the other overlaps by 1%, not 5%. Summed over all 51 common holdings this gives 100.0%: buying both funds, roughly this share of your money buys the same stocks twice. Matching is by company (one issuer does not publish security identifiers): identical holdings written differently may be missed, so the real overlap can be higher than shown. Matching uses the ISIN of each security, as published by both issuers in their baskets.
Rebalix · T1EU vs TIGBsection 3 of 4
RebalixT1EU vs TIGB · report of 5 September 2026

Full comparison table

"—" = not published by the source, never estimated
T1EUInvesco US Treasury Bond 0-1 Year UCITS ETF EUR Hdg Acc · IE00BLCH1X54 · Bonds · Government EUR · 0-1 years · Eurozone
TIGBInvesco US Treasury Bond 0-1 Year UCITS ETF GBP Hdg Dist · IE00BKWD3F20 · Bonds · Government GBP · 0-1 years · Europe
MetricT1EUTIGBNote
Identity
CategoryBonds · Government EUR · 0-1 years · EurozoneBonds · Government GBP · 0-1 years · EuropeRebalix engine classification
ReplicationPhysicalPhysicalas declared by the issuer
Currency hedgingYes — hedged to EURYes — hedged to GBPsource: class name, factsheet
Income policyaccumulatingdistributing
Costs
TER0.10%0.10%from the KID
Transaction costs (KID)0.05%0.05%internal
All-in cost0.15%0.15%TER + transaction
Tracking difference (3a)vs its OWN index
Performance in euro (ECB rates)
1 year+1.9%+4.9%
3 years+8.3%+13.5%
5 years+7.5%+16.4%
10 years— = series younger than the window
Risk · last 3 years
Volatility (ann.)+0.28%+2.22%
Max drawdown−0.09%−1.58%
Sharpe-1.85-1.48risk-free = ECB MRO avg
Sortino-2.42-1.48like Sharpe, downside only
Fixed income
Duration0.48 yrs (eff.)0.48 yrs (eff.)T1EU: factsheet 31 Jul 2026 · TIGB: factsheet 31 Jul 2026
Duration bandshort (≤3 years)short (≤3 years)short ≤3 · medium 3–7 · long >7 yrs
Investment-grade share98.9%98.9%BBB−/Baa3 and above
Heaviest rating bucketAA (98.9%)AA (98.9%)
Most represented maturity6 to 9 months (32.7%)6 to 9 months (32.7%)
Distributions (fund currency)
Frequencyaccumulating classquarterly
Distributions, last 12 monthsaccumulating class1.5393 GBPper share
Distribution yieldaccumulating class3.86%12 months / NAV
Last ex-dateaccumulating class10 Sept 2026 · 0.3719 GBP
Italian taxation
Effective capital-gains rate12.50%12.50%white list, current half-year
Documents & exchanges
Listing venues8ESMA register
Borsa Italiana ticker
Indicative cumulative cost: on 10,000 euro over 5 years (stated assumption: 5%/yr growth, cost = TER + transaction) ~95 euro T1EU · ~95 euro TIGB. Broker costs not included.

Disclaimer

This document is for information only and does not constitute investment advice under Directive 2014/65/EU (MiFID II), investment research, a personal recommendation, or an offer or solicitation to buy or sell financial instruments.

Past performance is not indicative of, nor a guarantee of, future results. The value of an investment can go down as well as up and investors may not get back the capital invested. Euro returns are affected by currency fluctuations.

Before any investment decision, read the KID and the Prospectus, available from the issuers. Tax treatment depends on individual circumstances and may change.

Data come from official issuer documents and public registers, following the public methodology at rebalix.com/en/methodology. "—" fields were not published by the source and have not been estimated. Rebalix receives no compensation from the issuers mentioned.

Rebalix · T1EU vs TIGBsection 4 of 4