CRPS.L vs. V3GS.L
CRPS.L (iShares Global Corporate Bond UCITS ETF) and V3GS.L (Vanguard ESG Global Corporate Bond UCITS ETF GBP Hedged Accumulating) are both Global Corporate Bonds funds - CRPS.L tracks the Bloomberg Gbl Agg Corp TR USD while V3GS.L tracks the Bloomberg Gbl Agg Corp TR Hdg GBP. Both are passively managed. Over the past 5 years, CRPS.L returned 0.28%/yr vs 0.46%/yr for V3GS.L. At a 0.43 correlation, their price movements are largely independent. CRPS.L charges 0.20%/yr vs 0.15%/yr for V3GS.L.
Performance
CRPS.L vs. V3GS.L - Performance Comparison
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Returns By Period
In the year-to-date period, CRPS.L achieves a -1.84% return, which is significantly lower than V3GS.L's 0.62% return.
CRPS.L
- 1D
- 0.23%
- 1M
- 0.97%
- YTD
- -1.84%
- 6M
- -2.15%
- 1Y
- 1.82%
- 3Y*
- 1.73%
- 5Y*
- 0.28%
- 10Y*
- 2.45%
V3GS.L
- 1D
- 0.24%
- 1M
- 0.40%
- YTD
- 0.62%
- 6M
- 0.91%
- 1Y
- 4.58%
- 3Y*
- 5.34%
- 5Y*
- 0.46%
- 10Y*
- —
CRPS.L vs. V3GS.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
CRPS.L iShares Global Corporate Bond UCITS ETF | -1.84% | 0.38% | 2.69% | 2.88% | -5.90% | 3.51% |
V3GS.L Vanguard ESG Global Corporate Bond UCITS ETF GBP Hedged Accumulating | 0.62% | 6.49% | 3.15% | 7.67% | -14.59% | 1.06% |
Correlation
The correlation between CRPS.L and V3GS.L is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.43 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.43 |
Correlation (All Time) Calculated using the full available price history since May 26, 2021 | 0.43 |
The correlation between CRPS.L and V3GS.L shifts across timeframes, from 0.32 (1 year) to 0.43 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
CRPS.L vs. V3GS.L — Risk / Return Rank
CRPS.L
V3GS.L
CRPS.L vs. V3GS.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global Corporate Bond UCITS ETF (CRPS.L) and Vanguard ESG Global Corporate Bond UCITS ETF GBP Hedged Accumulating (V3GS.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.
| CRPS.L | V3GS.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.89 | ||
| Sortino ratioReturn per unit of downside risk | -1.30 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.20 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 0.29 | 1.67 | -1.38 |
| Martin ratioReturn relative to average drawdown | 0.64 | 5.58 | -4.93 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| CRPS.L | V3GS.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.25 | 1.14 | -0.89 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.04 | 0.08 | -0.04 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.29 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.39 | 0.10 | +0.29 |
Drawdowns
CRPS.L vs. V3GS.L - Drawdown Comparison
The maximum CRPS.L drawdown since its inception was -15.38%, smaller than the maximum V3GS.L drawdown of -20.17%. Use the drawdown chart below to compare losses from any high point for CRPS.L and V3GS.L.
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Drawdown Indicators
| CRPS.L | V3GS.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.38% | -20.17% | +4.79% |
Max Drawdown (1Y)Largest decline over 1 year | -5.02% | -2.61% | -2.41% |
Max Drawdown (3Y)Largest decline over 3 years | -5.77% | -3.80% | -1.97% |
Max Drawdown (5Y)Largest decline over 5 years | -12.26% | -20.17% | +7.91% |
Max Drawdown (10Y)Largest decline over 10 years | -15.38% | — | — |
Current DrawdownCurrent decline from peak | -7.65% | -0.61% | -7.04% |
Average DrawdownAverage peak-to-trough decline | -5.89% | -7.82% | +1.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.30% | 0.78% | +1.52% |
Volatility
CRPS.L vs. V3GS.L - Volatility Comparison
The current volatility for iShares Global Corporate Bond UCITS ETF (CRPS.L) is 1.35%, while Vanguard ESG Global Corporate Bond UCITS ETF GBP Hedged Accumulating (V3GS.L) has a volatility of 1.56%. This indicates that CRPS.L experiences smaller price fluctuations and is considered to be less risky than V3GS.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CRPS.L | V3GS.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.35% | 1.56% | -0.21% |
Volatility (6M)Calculated over the trailing 6-month period | 4.46% | 3.02% | +1.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.90% | 3.84% | +2.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.17% | 5.55% | +1.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.49% | 5.55% | +2.94% |
CRPS.L vs. V3GS.L - Expense Ratio Comparison
CRPS.L has a 0.20% expense ratio, which is higher than V3GS.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
CRPS.L vs. V3GS.L - Dividend Comparison
Neither CRPS.L nor V3GS.L has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CRPS.L iShares Global Corporate Bond UCITS ETF | 0.00% | 2.08% | 3.87% | 3.34% | 2.55% | 2.07% | 2.42% | 2.75% | 2.56% | 2.61% | 2.45% | 2.58% |
V3GS.L Vanguard ESG Global Corporate Bond UCITS ETF GBP Hedged Accumulating | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
CRPS.L and V3GS.L have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, V3GS.L is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
V3GS.L is cheaper with a 0.15% expense ratio, compared with 0.20% for CRPS.L.
CRPS.L tracks Bloomberg Gbl Agg Corp TR USD, while V3GS.L tracks Bloomberg Gbl Agg Corp TR Hdg GBP. They also come from different issuers: iShares and Vanguard. Their fees differ too: 0.20% for CRPS.L and 0.15% for V3GS.L.
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