USTP vs. STPH - ETF Comparison
USTP - Ossiam US Steepener UCITS ETF 1C (USD)
The Ossiam US Steepener UCITS ETF 1C (USD) is an exchange-traded fund that tracks the Solactive US Treasury Yield Curve Steepener 2-5 vs 10-30 index, providing exposure to the US government bond market. The fund uses a synthetic replication strategy with a swap and accumulates interest income, reinvesting it in the ETF.
STPH - Amundi US Curve steepening 2-10Y UCITS ETF GBP Hedged Dist
The Amundi US Curve steepening 2-10Y UCITS ETF GBP Hedged Dist is an exchange-traded fund that tracks the Solactive USD Daily (x7) Steepener 2-10 (GBP Hedged) index, which aims to capture changes in the US yield curve. The fund uses a systematic strategy to achieve this, with a long position in 2-year US Treasury bond futures and a short position in 10-year US Treasury ultra bond futures. The ETF is currency hedged to British Pound (GBP) and has a total expense ratio of 0.35% p.a..
| USTP | STPH | |
|---|---|---|
| Fund Name | Ossiam US Steepener UCITS ETF 1C (USD) | Amundi US Curve steepening 2-10Y UCITS ETF GBP Hedged Dist |
| Fund Provider | Ossiam | Amundi |
| Index | Solactive US Treasury Yield Curve Steepener 2-5 vs 10-30 | Solactive USD Daily (x7) Steepener 2-10 (GBP Hedged) |
| Asset Class | Bonds | Bonds |
| Listing | EU-listed | EU-listed |
| Expense Ratio | 0.3% | 0.35% |
| Inception Date | 2019-08-01 | 2023-05-16 |
| Currency | USD | GBP |
| Distribution Policy | Accumulating | Distributing |
| Region | United States | United States |
| Bond Type | Government Bonds | Government Bonds |
| Leveraged | Leveraged | Leveraged |
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Key Metrics
Performance Metrics
Risk Metrics
Detailed Returns
Benchmark Comparison
Key Metrics
Performance Metrics
Risk Metrics
Detailed Returns
Benchmark Comparison
Performance Analysis
The performance analysis examines historical data to assess the returns of the investment strategy, including key metrics such as Cumulative returns, End of Year (EoY) returns, and risk-adjusted returns like the Sharpe ratio or the Sortino ratio.
Cumulative Returns
End of Year Returns Table
End of Year Returns
Risk Analysis
The risk analysis refers to an assessment of potential negative events that could lead to a loss of capital. Conducting a risk analysis can help in deciding whether an investment should be made. This is done using risk metrics such as drawdowns, volatility and beta which reflect stakeholders' confidence in the consistency of an investment strategy.
Drawdowns
Drawdowns Table
Monte Carlo Simulation
The Monte Carlo simulation is a statistical method used to forecast portfolio returns by generating a wide range of potential outcomes through random sampling from historical asset price data. It helps investors assess the potential risk and return of a portfolio under various market conditions. The simulation takes into account the initial investment and optionally simulates cash flow scenarios like fixed contributions, fixed withdrawals, or percentage withdrawals.
IMPORTANT: The forecast generated through Monte Carlo simulations is purely hypothetical and does not guarantee future returns. Investment decisions should be made with consideration of various factors, and past performance is not indicative of future results.