Amundi US Curve steepening 2-10Y UCITS ETF Acc (STPU.L)
About this ETF
The Amundi US Curve Steepening 2-10 UCITS ETF - Acc is a UCITS-compliant Exchange Traded Fund (ETF) that seeks to mirror the Solactive USD Daily (x7) Steepener 2-10 Index. This benchmark measures the returns of a systematic investment strategy directly influenced by shifts in the US Treasury yield curve. Its construction anticipates an approximate seven basis point increase in the index for every one basis point steepening of the curve, though market dynamics may introduce variability. The index's underlying composition includes a long position in 2-year US Treasury Bond Futures and a simultaneous short position in 10-year US Treasury Ultra Bond Futures. For comprehensive details on the index's methodology, please refer to www.solactive.com. Like other Amundi ETFs, this fund provides…
Price
Top 10 holdings
| GERMANY PPAL 0% 04Jan37 | 14.59% |
| ITALIAN REPUB BTPS 3.1% 15Sep26 | 12.27% |
| BNG BANK NV % Aug28 EMTN | 9.80% |
| GERMANY PPAL 0% 04Jul42 | 5.92% |
| BPIFRANCE 3.375% May34 EMTN | 3.89% |
| SPAIN (KINGDO 5.9% 30Jul26 | 3.50% |
| BPIFRANCE 2.125% Nov27 | 3.04% |
| AT&T INC TSY 1.8% Sep26 | 2.10% |
| BPIFRANCE 3% Sep26 EMTN | 1.75% |
| SFIL SA 3% Sep30 EMTN | 1.73% |
Sector mix
Price chart
Returns
| 1 month | -0.02% |
| 3 months | -0.40% |
| 6 months | -1.15% |
| Year to date | -1.31% |
| 1 year | -1.02% |
| 3 years (ann.) | +2.84% |
| 5 years (ann.) | -0.30% |
| 10 years (ann.) | — |
Risk profile
| Volatility (1y, ann.) | 2.76% |
| Sharpe (1y) | -0.36 |
| Sharpe (3y) | 0.74 |
| Sortino (1y) | -0.52 |
| Max drawdown (1y) | -2.79% |
| Max drawdown (5y) | -11.35% |
| Max drawdown (full) | -14.08% |
| Beta vs S&P 500 (1y) | -0.04 |
| Correlation vs S&P 500 (1y) | -0.17 |
Technical outlook as of 2026-07-13
The Monte Carlo cone is drawn on the price chart above (Forecast overlay); RSI, MACD and the rest of the oscillators live in its indicator panels.
Full holdings
| Constituent | ISIN | Market value | Weight |
|---|---|---|---|
| Loading… | |||
Sector breakdown
Geographic exposure
Cost vs. peers
Comparison universe: 1,710 funds of the same asset class.
Cost impact calculator
Dividend history
Accumulating share class Income is reinvested inside the fund instead of being paid out.
No distributions on record — accumulating share classes reinvest income instead of paying it out.
ESG profile
No ESG estimate available: none of the scored universe overlaps this portfolio (typical for bond, commodity or synthetic funds).
Scored coverage: 0.0% of the portfolio by weight.
Similar ETFs
| Fund | TER | AUM (USD) | Yield (TTM) | Return 1y | Sharpe 1y |
|---|---|---|---|---|---|
| Vanguard Total Bond Market ETF BND | 0.03% | 394.40B | 4.01% | -0.82% | -0.19 |
| iShares Core U.S. Aggregate Bond ETF AGG | 0.03% | 138.36B | 4.03% | -0.76% | -0.17 |
| Vanguard Total International Bond ETF BNDX | 0.07% | 122.00B | 4.52% | -2.72% | -0.64 |
| iShares 0-3 Month Treasury Bond ETF SGOV | 0.09% | 97.69B | 3.80% | +0.05% | 0.05 |
| Vanguard Short-Term Inflation-Protected Securities ETF VTIP | 0.03% | 70.50B | 4.16% | -0.54% | -0.18 |
| Vanguard Short-Term Bond ETF BSV | 0.03% | 70.40B | 4.02% | -1.02% | -0.48 |
| Vanguard Intermediate-Term Corporate Bond ETF VCIT | 0.03% | 68.70B | 4.86% | -1.04% | -0.22 |
| Vanguard Intermediate-Term Bond ETF BIV | 0.03% | 52.20B | 4.27% | -1.28% | -0.28 |
| Vanguard Short-Term Corporate Bond ETF VCSH | 0.03% | 50.50B | 4.47% | -0.85% | -0.36 |
| Vanguard Intermediate-Term Treasury ETF VGIT | 0.03% | 49.50B | 3.89% | -1.50% | -0.41 |
Cheaper alternatives
No fund of the class reaches 60% portfolio overlap — showing the cheapest funds of the class instead.
| Fund | TER | AUM (USD) | Overlap |
|---|---|---|---|
| Vanguard Short-Term Corporate Bond ETF VCSH | 0.03% | 50.50B | 0.0% |
| Vanguard Total Bond Market ETF BND | 0.03% | 394.40B | 0.0% |
| iShares Core U.S. Aggregate Bond ETF AGG | 0.03% | 138.36B | 0.0% |
| Vanguard Short-Term Inflation-Protected Securities ETF VTIP | 0.03% | 70.50B | 0.0% |
| Vanguard Short-Term Bond ETF BSV | 0.03% | 70.40B | 0.0% |

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