0FLE.L vs. VDST.L
0FLE.L (iShares $ Floating Rate Bond UCITS ETF EUR Hedged (Dist)) and VDST.L (Vanguard U.S. Treasury 0-1 Year Bond UCITS ETF (USD) Accumulating) are both exchange-traded funds - 0FLE.L is a Ultrashort Bond fund tracking the Bloomberg US Floating Rate Note<5 Years Index, while VDST.L is a Government Bonds fund tracking the Bloomberg Short Treasury Index. Both are passively managed. Over the past 5 years, 0FLE.L returned 2.60%/yr vs 4.04%/yr for VDST.L. At a correlation of -0.03, they often move in opposite directions. 0FLE.L charges 0.12%/yr vs 0.05%/yr for VDST.L.
Performance
0FLE.L vs. VDST.L - Performance Comparison
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Different Trading Currencies
0FLE.L is traded in EUR, while VDST.L is traded in USD. To make them comparable, the VDST.L values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, 0FLE.L achieves a 2.21% return, which is significantly lower than VDST.L's 4.28% return.
0FLE.L
- 1D
- 0.54%
- 1M
- 1.01%
- 6M
- 1.97%
- YTD
- 2.21%
- 1Y
- 3.40%
- 3Y*
- 3.94%
- 5Y*
- 2.60%
- 10Y*
- —
VDST.L
- 1D
- -0.43%
- 1M
- 1.34%
- 6M
- 3.24%
- YTD
- 4.28%
- 1Y
- 5.06%
- 3Y*
- 3.89%
- 5Y*
- 4.04%
- 10Y*
- —
0FLE.L vs. VDST.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
0FLE.L iShares $ Floating Rate Bond UCITS ETF EUR Hedged (Dist) | 2.21% | 2.69% | 4.89% | 4.20% | -0.49% | -0.51% | 0.25% |
VDST.L Vanguard U.S. Treasury 0-1 Year Bond UCITS ETF (USD) Accumulating | 4.28% | -8.11% | 12.19% | 1.83% | 7.23% | 7.48% | -2.95% |
Correlation
The correlation between 0FLE.L and VDST.L is -0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.03 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.03 |
Correlation (All Time) Calculated using the full available price history since Sep 2, 2020 | -0.03 |
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Return for Risk
0FLE.L vs. VDST.L — Risk / Return Rank
0FLE.L
VDST.L
0FLE.L vs. VDST.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares $ Floating Rate Bond UCITS ETF EUR Hedged (Dist) (0FLE.L) and Vanguard U.S. Treasury 0-1 Year Bond UCITS ETF (USD) Accumulating (VDST.L). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| 0FLE.L | VDST.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.41 | ||
| Sortino ratioReturn per unit of downside risk | +0.63 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.15 | +0.26 |
| Calmar ratioReturn relative to maximum drawdown | 4.81 | 1.33 | +3.49 |
| Martin ratioReturn relative to average drawdown | 13.29 | 3.36 | +9.93 |
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Drawdowns
0FLE.L vs. VDST.L - Drawdown Comparison
The maximum 0FLE.L drawdown since its inception was -3.91%, smaller than the maximum VDST.L drawdown of -11.71%. Use the drawdown chart below to compare losses from any high point for 0FLE.L and VDST.L.
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Drawdown Indicators
| 0FLE.L | VDST.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -3.91% | -11.71% | +7.80% |
Max Drawdown (1Y)Largest decline over 1 year | -0.71% | -3.79% | +3.08% |
Max Drawdown (3Y)Largest decline over 3 years | -2.86% | -11.58% | +8.72% |
Max Drawdown (5Y)Largest decline over 5 years | -2.86% | -11.71% | +8.85% |
Current DrawdownCurrent decline from peak | 0.00% | -5.32% | +5.32% |
Average DrawdownAverage peak-to-trough decline | -1.25% | -4.89% | +3.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.26% | 1.50% | -1.24% |
Volatility
0FLE.L vs. VDST.L - Volatility Comparison
iShares $ Floating Rate Bond UCITS ETF EUR Hedged (Dist) (0FLE.L) and Vanguard U.S. Treasury 0-1 Year Bond UCITS ETF (USD) Accumulating (VDST.L) have volatilities of 1.57% and 1.52%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| 0FLE.L | VDST.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.57% | 1.52% | +0.05% |
Volatility (6M)Calculated over the trailing 6-month period | 2.14% | 4.43% | -2.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.76% | 6.11% | -3.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.74% | 7.55% | -3.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.07% | 7.34% | -4.27% |
0FLE.L vs. VDST.L - Expense Ratio Comparison
0FLE.L has a 0.12% expense ratio, which is higher than VDST.L's 0.05% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
0FLE.L vs. VDST.L - Dividend Comparison
0FLE.L's dividend yield for the trailing twelve months is around 4.69%, while VDST.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
0FLE.L iShares $ Floating Rate Bond UCITS ETF EUR Hedged (Dist) | 4.69% | 5.04% | 6.01% | 5.52% | 1.49% | 0.58% | 1.60% | 2.96% | 2.07% | 0.36% |
VDST.L Vanguard U.S. Treasury 0-1 Year Bond UCITS ETF (USD) Accumulating | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
0FLE.L and VDST.L have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VDST.L is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VDST.L is cheaper with a 0.05% expense ratio, compared with 0.12% for 0FLE.L.
0FLE.L is categorized as Ultrashort Bond, while VDST.L is Government Bonds. 0FLE.L tracks Bloomberg US Floating Rate Note<5 Years Index, while VDST.L tracks Bloomberg Short Treasury Index. They also come from different issuers: iShares and Vanguard. Their fees differ too: 0.12% for 0FLE.L and 0.05% for VDST.L.
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