0GGH.L vs. VAGP.L
0GGH.L (iShares Core Global Aggregate Bond UCITS ETF EUR Hedged (Acc)) and VAGP.L (Vanguard Global Aggregate Bond UCITS ETF GBP Hedged Distributing) are both Global Bonds funds - 0GGH.L tracks the Bloomberg Global Aggregate Bond Index while VAGP.L tracks the Bloomberg Global Aggregate TR Hdg GBP. Both are passively managed. Over the past 5 years, 0GGH.L returned -1.53%/yr vs -0.32%/yr for VAGP.L. At a 0.44 correlation, their price movements are largely independent. Both charge a 0.10% expense ratio.
Performance
0GGH.L vs. VAGP.L - Performance Comparison
Loading charts...
Different Trading Currencies
0GGH.L is traded in EUR, while VAGP.L is traded in GBP. To make them comparable, the VAGP.L values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, 0GGH.L achieves a -0.41% return, which is significantly lower than VAGP.L's 2.78% return.
0GGH.L
- 1D
- 0.00%
- 1M
- -0.61%
- 6M
- -0.61%
- YTD
- -0.41%
- 1Y
- 1.03%
- 3Y*
- 2.12%
- 5Y*
- -1.53%
- 10Y*
- —
VAGP.L
- 1D
- -0.09%
- 1M
- 1.20%
- 6M
- 2.01%
- YTD
- 2.78%
- 1Y
- 4.63%
- 3Y*
- 4.05%
- 5Y*
- -0.32%
- 10Y*
- —
0GGH.L vs. VAGP.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
0GGH.L iShares Core Global Aggregate Bond UCITS ETF EUR Hedged (Acc) | -0.41% | 2.71% | 1.27% | 4.35% | -13.33% | -2.45% | 3.79% | 1.01% |
VAGP.L Vanguard Global Aggregate Bond UCITS ETF GBP Hedged Distributing | 2.78% | -0.54% | 7.48% | 8.09% | -18.26% | 4.33% | -0.38% | 7.61% |
Correlation
The correlation between 0GGH.L and VAGP.L is 0.51, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.51 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.52 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.55 |
Correlation (All Time) Calculated using the full available price history since Jun 18, 2019 | 0.44 |
The correlation between 0GGH.L and VAGP.L shifts across timeframes, from 0.44 (all time) to 0.55 (5 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
0GGH.L vs. VAGP.L — Risk / Return Rank
0GGH.L
VAGP.L
0GGH.L vs. VAGP.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core Global Aggregate Bond UCITS ETF EUR Hedged (Acc) (0GGH.L) and Vanguard Global Aggregate Bond UCITS ETF GBP Hedged Distributing (VAGP.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.
| 0GGH.L | VAGP.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.58 | ||
| Sortino ratioReturn per unit of downside risk | -0.85 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.15 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 0.37 | 1.97 | -1.60 |
| Martin ratioReturn relative to average drawdown | 0.93 | 4.69 | -3.76 |
Loading charts...
Drawdowns
0GGH.L vs. VAGP.L - Drawdown Comparison
The maximum 0GGH.L drawdown since its inception was -21.17%, roughly equal to the maximum VAGP.L drawdown of -20.62%. Use the drawdown chart below to compare losses from any high point for 0GGH.L and VAGP.L.
Loading charts...
Drawdown Indicators
| 0GGH.L | VAGP.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.17% | -20.62% | -0.55% |
Max Drawdown (1Y)Largest decline over 1 year | -2.80% | -2.34% | -0.46% |
Max Drawdown (3Y)Largest decline over 3 years | -3.90% | -6.36% | +2.46% |
Max Drawdown (5Y)Largest decline over 5 years | -21.17% | -20.62% | -0.55% |
Current DrawdownCurrent decline from peak | -12.63% | -3.35% | -9.28% |
Average DrawdownAverage peak-to-trough decline | -8.73% | -7.39% | -1.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.10% | 0.98% | +0.12% |
Volatility
0GGH.L vs. VAGP.L - Volatility Comparison
The current volatility for iShares Core Global Aggregate Bond UCITS ETF EUR Hedged (Acc) (0GGH.L) is 0.99%, while Vanguard Global Aggregate Bond UCITS ETF GBP Hedged Distributing (VAGP.L) has a volatility of 1.42%. This indicates that 0GGH.L experiences smaller price fluctuations and is considered to be less risky than VAGP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| 0GGH.L | VAGP.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.99% | 1.42% | -0.43% |
Volatility (6M)Calculated over the trailing 6-month period | 2.75% | 3.86% | -1.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.33% | 5.21% | -1.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.28% | 7.58% | +16.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.91% | 8.07% | +12.84% |
0GGH.L vs. VAGP.L - Expense Ratio Comparison
Both 0GGH.L and VAGP.L have an expense ratio of 0.10%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
0GGH.L vs. VAGP.L - Dividend Comparison
0GGH.L has not paid dividends to shareholders, while VAGP.L's dividend yield for the trailing twelve months is around 3.55%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
0GGH.L iShares Core Global Aggregate Bond UCITS ETF EUR Hedged (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VAGP.L Vanguard Global Aggregate Bond UCITS ETF GBP Hedged Distributing | 3.55% | 3.50% | 3.08% | 2.37% | 1.46% | 0.86% | 1.21% | 0.59% |
Frequently Asked Questions
0GGH.L and VAGP.L have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.10% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
0GGH.L and VAGP.L have the same expense ratio: 0.10% per year.
0GGH.L tracks Bloomberg Global Aggregate Bond Index, while VAGP.L tracks Bloomberg Global Aggregate TR Hdg GBP. They also come from different issuers: iShares and Vanguard.
Find the right allocation for 0GGH.L and VAGP.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer