Comparison window: 23 Aug 2021 → 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.
RebalixU13CHX vs U13HK · report of 10 September 2026
The funds at a glance
From official issuer documents and the ESMA register
U13CHXLU2093217771Amundi US Treasury Bond 1-3Y UCITS ETF MXN Hedged AccBonds · Government · 1-3 years · North America
Declared index
Bloomberg U.S. Treasury: 1-3 Year Total Return Index Value U
TER
0.10%
Transaction (KID)
0.10%
Fund size
0 mln EUR
Launch
27 Jan 2020
Currency
MXN
Replication
Physical
Hedging
Yes — in MXN
Holdings
96
Duration
1.85 yrs
Effective 🇮🇹 rate
12.69%
U13HKLU2338178218Amundi US Treasury Bond 1-3Y UCITS ETF HKD Hedged AccBonds · Government · 1-3 years · North America
Declared index
Bloomberg U.S. Treasury: 1-3 Year Total Return Index Value U
TER
0.10%
Transaction (KID)
0.03%
Fund size
2 mln EUR
Launch
23 Aug 2021
Currency
HKD
Replication
Physical
Hedging
Yes — in HKD
Holdings
96
Duration
1.85 yrs
Effective 🇮🇹 rate
12.69%
Tracking difference — year by year
Fund minus index, from issuer-declared series (complete calendar years). Each measures adherence to its OWN index.
U13CHX3y avg: −0.26%/anno
2025
−0.16%
2024
−0.08%
2023
−0.54%
2022
−0.71%
2021
−0.45%
U13HK3y avg: −0.14%/anno
2025
−0.09%
2024
+0.01%
2023
−0.33%
2022
−0.20%
Rebalix · U13CHX vs U13HKsection 1 of 4
RebalixU13CHX vs U13HK · report of 10 September 2026
U13CHX — Amundi US Treasury Bond 1-3Y UCITS ETF MXN Hedged Acc · LU2093217771 · Bonds · Government · 1-3 years · North America
U13HK — Amundi US Treasury Bond 1-3Y UCITS ETF HKD Hedged Acc · LU2338178218 · Bonds · Government · 1-3 years · North America
Performance over the period, in euro
From 23 Aug 2021 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: U13CHX; thin lines: the other funds.
The worst episode, fund by fund
Fund
Max drawdown
Trough
Recovery time
Underwater
U13CHX
−16.2%
05 Sept 2024
490 days
636 days · back to break-even on 08 Jan 2026
U13HK
−13.8%
18 Jul 2023
545 days
838 days · back to break-even on 13 Jan 2025
"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 · U13CHX vs U13HKsection 2 of 4
RebalixU13CHX vs U13HK · report of 10 September 2026
U13CHX — Amundi US Treasury Bond 1-3Y UCITS ETF MXN Hedged Acc · LU2093217771 · Bonds · Government · 1-3 years · North America
U13HK — Amundi US Treasury Bond 1-3Y UCITS ETF HKD Hedged Acc · LU2338178218 · Bonds · Government · 1-3 years · North America
Geographic composition
% of portfolio, from full declared holdings
Sector composition
GICS sectors, same sources and dates
Portfolio overlap
96 common holdings · ticker match on full official portfolios
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 96 common holdings this gives 100.2%: buying both funds, roughly this share of your money buys the same stocks twice. Matching uses the ISIN of each security, as published by both issuers in their baskets.
Rebalix · U13CHX vs U13HKsection 3 of 4
RebalixU13CHX vs U13HK · report of 10 September 2026
Full comparison table
"—" = not published by the source, never estimated
U13CHX — Amundi US Treasury Bond 1-3Y UCITS ETF MXN Hedged Acc · LU2093217771 · Bonds · Government · 1-3 years · North America
U13HK — Amundi US Treasury Bond 1-3Y UCITS ETF HKD Hedged Acc · LU2338178218 · Bonds · Government · 1-3 years · North America
Metric
U13CHX
U13HK
Note
Identity
Category
Bonds · Government · 1-3 years · North America
Bonds · Government · 1-3 years · North America
Rebalix engine classification
Replication
Physical
Physical
as declared by the issuer
Currency hedging
Yes — hedged to MXN
Yes — hedged to HKD
source: class name, factsheet
Income policy
accumulating
accumulating
—
Costs
TER
0.10%
0.10%
from the KID
Transaction costs (KID)
0.10%
0.03%
internal
All-in cost
0.20%
0.13%
TER + transaction
Tracking difference (3a)
−0.26%
−0.14%
vs its OWN index
Performance in euro (ECB rates)
1 year
+17.2%
+1.1%
—
3 years
+24.0%
+0.4%
—
5 years
+72.4%
+5.1%
—
10 years
—
—
— = series younger than the window
Risk · last 3 years
Volatility (ann.)
+1.61%
+1.57%
—
Max drawdown
−0.67%
−1.04%
—
Sharpe
3.53
-0.18
risk-free = ECB MRO avg
Sortino
6.10
-0.26
like Sharpe, downside only
Fixed income
Duration
1.85 yrs (mod.)
1.85 yrs (mod.)
U13CHX: factsheet · U13HK: factsheet
Duration band
short (≤3 years)
short (≤3 years)
short ≤3 · medium 3–7 · long >7 yrs
Investment-grade share
not declared
99.6%
BBB−/Baa3 and above
Heaviest rating bucket
not declared
AA (99.6%)
—
Most represented maturity
not declared
1–3 years (100.0%)
—
Italian taxation
Effective capital-gains rate
12.69%
12.69%
white list, current half-year
Documents & exchanges
Listing venues
—
—
ESMA register
Borsa Italiana ticker
—
—
—
Indicative cumulative cost: on 10,000 euro over 5 years (stated assumption: 5%/yr growth, cost = TER + transaction) ~127 euro U13CHX · ~83 euro U13HK. 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.