Comparison window: 2 Nov 2022 → 8 Sept 2026 (max: from the most recent launch) · currency: 🇪🇺 EUR · inflation: 🇮🇹 Italy · distributions: reinvested where declared
Report produced on 10 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.
RebalixU71H vs U710H · report of 10 September 2026
The funds at a glance
From official issuer documents and the ESMA register
U71HLU1407888483Amundi US Treasury Bond 7-10Y UCITS ETF GBP Hedged DistBonds · Government GBP · 7-10 years · North America
Declared index
Bloomberg U.S. Treasury: 7-10 Year TR Index Value Unhedged U
TER
0.06%
Transaction (KID)
0.03%
Fund size
39 mln EUR
Launch
2 Nov 2022
Currency
GBP
Replication
Physical
Hedging
Yes — in GBP
Holdings
13
Duration
6.89 yrs
Distributions 12m
0.42 GBP
Effective 🇮🇹 rate
12.54%
U710HLU2338178481Amundi US Treasury Bond 7-10Y UCITS ETF HKD Hedged AccBonds · Government · 7-10 years · North America
Declared index
Bloomberg U.S. Treasury: 7-10 Year TR Index Value Unhedged U
TER
0.06%
Transaction (KID)
0.03%
Fund size
1 mln EUR
Launch
26 Aug 2021
Currency
HKD
Replication
Physical
Hedging
Yes — in HKD
Holdings
13
Duration
6.89 yrs
Distributions 12m
acc.
Effective 🇮🇹 rate
12.54%
Tracking difference — year by year
Fund minus index, from issuer-declared series (complete calendar years). Each measures adherence to its OWN index.
U71Hn/d
2025
−0.09%
2024
−0.04%
U710H3y avg: +0.00%/anno
2025
+0.22%
2024
−0.17%
2023
−0.06%
2022
−0.16%
Rebalix · U71H vs U710Hsection 1 of 3
RebalixU71H vs U710H · report of 10 September 2026
U71H — Amundi US Treasury Bond 7-10Y UCITS ETF GBP Hedged Dist · LU1407888483 · Bonds · Government GBP · 7-10 years · North America
U710H — Amundi US Treasury Bond 7-10Y UCITS ETF HKD Hedged Acc · LU2338178481 · Bonds · Government · 7-10 years · North America
Performance over the period, in euro
From 2 Nov 2022 to 8 Sept 2026 · base 100 · ECB rates, dividends reinvested where declared
In euro (nominal)
In today’s purchasing power (net of Italy inflation)
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)
Filled area: U71H; thin lines: the other funds.
The worst episode, fund by fund
Fund
Max drawdown
Trough
Recovery time
Underwater
U71H
−10.5%
19 Oct 2023
287 days
448 days · back to break-even on 01 Aug 2024
U710H
−12.1%
24 Jul 2025
not yet
557 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)
In real terms declines are deeper and recoveries slower. Monthly price index (Eurostat), held at the last published value.
Rebalix · U71H vs U710Hsection 2 of 3
RebalixU71H vs U710H · report of 10 September 2026
Full comparison table
"—" = not published by the source, never estimated
U71H — Amundi US Treasury Bond 7-10Y UCITS ETF GBP Hedged Dist · LU1407888483 · Bonds · Government GBP · 7-10 years · North America
U710H — Amundi US Treasury Bond 7-10Y UCITS ETF HKD Hedged Acc · LU2338178481 · Bonds · Government · 7-10 years · North America
Metric
U71H
U710H
Note
Identity
Category
Bonds · Government GBP · 7-10 years · North America
Bonds · Government · 7-10 years · North America
Rebalix engine classification
Replication
Physical
Physical
as declared by the issuer
Currency hedging
Yes — hedged to GBP
Yes — hedged to HKD
source: class name, factsheet
Income policy
distributing
accumulating
—
Costs
TER
0.06%
0.06%
from the KID
Transaction costs (KID)
0.03%
0.03%
internal
All-in cost
0.09%
0.09%
TER + transaction
Tracking difference (3a)
—
+0.00%
vs its OWN index
Performance in euro (ECB rates)
1 year
+0.2%
−2.1%
—
3 years
+9.2%
−1.9%
—
5 years
—
−11.5%
—
10 years
—
—
— = series younger than the window
Risk · last 3 years
Volatility (ann.)
+6.96%
+6.27%
—
Max drawdown
−9.57%
−7.05%
—
Sharpe
-0.40
-0.13
risk-free = ECB MRO avg
Sortino
-0.52
-0.19
like Sharpe, downside only
Fixed income
Duration
6.89 yrs (mod.)
6.89 yrs (mod.)
U71H: factsheet 31 Jul 2026 · U710H: factsheet
Duration band
medium (3–7 years)
medium (3–7 years)
short ≤3 · medium 3–7 · long >7 yrs
Investment-grade share
97.8%
97.8%
BBB−/Baa3 and above
Heaviest rating bucket
AA (97.8%)
AA (97.8%)
—
Most represented maturity
7–10 years (100.0%)
7–10 years (100.0%)
—
Distributions (fund currency)
Frequency
annual
accumulating class
—
Distributions, last 12 months
0.42 GBP
accumulating class
per share
Distribution yield
4.17%
accumulating class
12 months / NAV
Last ex-date
9 Dec 2025 · 0.42 GBP
accumulating class
—
Italian taxation
Effective capital-gains rate
12.54%
12.54%
white list, current half-year
Documents & exchanges
Listing venues
2
—
ESMA register
Borsa Italiana ticker
—
—
—
Indicative cumulative cost: on 10,000 euro over 5 years (stated assumption: 5%/yr growth, cost = TER + transaction) ~59 euro U71H · ~57 euro U710H. 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.