CRHG.L vs. V3GD.L
CRHG.L (iShares Global Corporate Bond UCITS ETF GBP Hedged (Dist)) and V3GD.L (Vanguard ESG Global Corporate Bond UCITS ETF USD Hedged Distributing) are both Global Corporate Bonds funds - CRHG.L tracks the Bloomberg Gbl Agg Corp TR Hdg GBP while V3GD.L tracks the Bloomberg Gbl Agg Corp 0901 TR Hdg USD. Both are passively managed. Over the past 5 years, CRHG.L returned 0.40%/yr vs 2.15%/yr for V3GD.L. At a 0.32 correlation, their price movements are largely independent. CRHG.L charges 0.25%/yr vs 0.15%/yr for V3GD.L.
Performance
CRHG.L vs. V3GD.L - Performance Comparison
Loading charts...
Different Trading Currencies
CRHG.L is traded in GBP, while V3GD.L is traded in USD. To make them comparable, the V3GD.L values have been converted to GBP using the latest available exchange rates.
Returns By Period
In the year-to-date period, CRHG.L achieves a 0.72% return, which is significantly lower than V3GD.L's 0.99% return.
CRHG.L
- 1D
- 0.19%
- 1M
- 0.27%
- YTD
- 0.72%
- 6M
- 1.05%
- 1Y
- 4.93%
- 3Y*
- 5.32%
- 5Y*
- 0.40%
- 10Y*
- —
V3GD.L
- 1D
- 0.18%
- 1M
- 1.46%
- YTD
- 0.99%
- 6M
- 0.26%
- 1Y
- 5.87%
- 3Y*
- 3.01%
- 5Y*
- 2.15%
- 10Y*
- —
CRHG.L vs. V3GD.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
CRHG.L iShares Global Corporate Bond UCITS ETF GBP Hedged (Dist) | 0.72% | 5.84% | 3.84% | 7.67% | -15.04% | 1.08% |
V3GD.L Vanguard ESG Global Corporate Bond UCITS ETF USD Hedged Distributing | 0.99% | -1.30% | 5.75% | 3.20% | -2.95% | 5.75% |
Correlation
The correlation between CRHG.L and V3GD.L is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.25 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.31 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.32 |
Correlation (All Time) Calculated using the full available price history since May 26, 2021 | 0.32 |
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
CRHG.L vs. V3GD.L — Risk / Return Rank
CRHG.L
V3GD.L
CRHG.L vs. V3GD.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global Corporate Bond UCITS ETF GBP Hedged (Dist) (CRHG.L) and Vanguard ESG Global Corporate Bond UCITS ETF USD Hedged Distributing (V3GD.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.
| CRHG.L | V3GD.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.32 | ||
| Sortino ratioReturn per unit of downside risk | +0.50 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.15 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 1.76 | 1.04 | +0.72 |
| Martin ratioReturn relative to average drawdown | 5.67 | 2.54 | +3.14 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| CRHG.L | V3GD.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.17 | 0.85 | +0.32 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.07 | 0.25 | -0.18 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.32 | 0.26 | +0.06 |
Drawdowns
CRHG.L vs. V3GD.L - Drawdown Comparison
The maximum CRHG.L drawdown since its inception was -20.54%, which is greater than V3GD.L's maximum drawdown of -13.73%. Use the drawdown chart below to compare losses from any high point for CRHG.L and V3GD.L.
Loading charts...
Drawdown Indicators
| CRHG.L | V3GD.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.54% | -13.73% | -6.81% |
Max Drawdown (1Y)Largest decline over 1 year | -2.71% | -5.30% | +2.59% |
Max Drawdown (3Y)Largest decline over 3 years | -4.31% | -8.65% | +4.34% |
Max Drawdown (5Y)Largest decline over 5 years | -20.54% | -13.73% | -6.81% |
Current DrawdownCurrent decline from peak | -0.75% | -2.63% | +1.88% |
Average DrawdownAverage peak-to-trough decline | -5.53% | -5.26% | -0.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.84% | 2.17% | -1.33% |
Volatility
CRHG.L vs. V3GD.L - Volatility Comparison
The current volatility for iShares Global Corporate Bond UCITS ETF GBP Hedged (Dist) (CRHG.L) is 1.45%, while Vanguard ESG Global Corporate Bond UCITS ETF USD Hedged Distributing (V3GD.L) has a volatility of 1.73%. This indicates that CRHG.L experiences smaller price fluctuations and is considered to be less risky than V3GD.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CRHG.L | V3GD.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.45% | 1.73% | -0.28% |
Volatility (6M)Calculated over the trailing 6-month period | 3.18% | 5.11% | -1.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.08% | 6.47% | -2.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.68% | 8.63% | -2.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.74% | 8.62% | -2.88% |
CRHG.L vs. V3GD.L - Expense Ratio Comparison
CRHG.L has a 0.25% expense ratio, which is higher than V3GD.L's 0.15% 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
CRHG.L vs. V3GD.L - Dividend Comparison
CRHG.L's dividend yield for the trailing twelve months is around 4.09%, less than V3GD.L's 4.37% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
CRHG.L iShares Global Corporate Bond UCITS ETF GBP Hedged (Dist) | 4.09% | 4.01% | 3.76% | 3.18% | 2.70% | 2.02% | 2.27% | 2.66% | 1.27% |
V3GD.L Vanguard ESG Global Corporate Bond UCITS ETF USD Hedged Distributing | 4.37% | 4.45% | 4.35% | 4.05% | 2.44% | 0.70% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
CRHG.L and V3GD.L have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, V3GD.L is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
V3GD.L is cheaper with a 0.15% expense ratio, compared with 0.25% for CRHG.L.
CRHG.L tracks Bloomberg Gbl Agg Corp TR Hdg GBP, while V3GD.L tracks Bloomberg Gbl Agg Corp 0901 TR Hdg USD. They also come from different issuers: iShares and Vanguard. Their fees differ too: 0.25% for CRHG.L and 0.15% for V3GD.L.
Find the right allocation for CRHG.L and V3GD.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