DEZ.DE vs. V3GU.L

Last updated Jun 5, 2026

DEZ.DE (DEUTZ Aktiengesellschaft) is a stock, while V3GU.L (Vanguard ESG Global Corporate Bond UCITS ETF USD Hedged Accumulating) is Global Corporate Bonds fund tracking the Bloomberg Gbl Agg Corp 0901 TR Hdg USD. Over the past 3 years, DEZ.DE returned 23.22%/yr vs 2.87%/yr for V3GU.L. At a correlation of -0.04, they often move in opposite directions.

Performance

DEZ.DE vs. V3GU.L - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in DEUTZ Aktiengesellschaft (DEZ.DE) and Vanguard ESG Global Corporate Bond UCITS ETF USD Hedged Accumulating (V3GU.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

DEZ.DE is traded in EUR, while V3GU.L is traded in USD. To make them comparable, the V3GU.L values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, DEZ.DE achieves a 16.43% return, which is significantly higher than V3GU.L's 1.76% return.

DEZ.DE

• 1D: -1.42%
• 1M: -0.18%
• YTD: 16.43%
• 6M: 24.80%
• 1Y: 28.37%
• 3Y*: 23.22%
• 5Y*: 8.90%
• 10Y*: 11.10%

V3GU.L

• 1D: 0.07%
• 1M: 1.43%
• YTD: 1.76%
• 6M: 1.09%
• 1Y: 2.78%
• 3Y*: 2.87%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

DEZ.DE vs. V3GU.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
DEZ.DE DEUTZ Aktiengesellschaft	16.43%	115.43%	-13.22%	21.77%	-36.24%	-14.51%
V3GU.L Vanguard ESG Global Corporate Bond UCITS ETF USD Hedged Accumulating	1.76%	-6.33%	10.83%	5.36%	-8.54%	3.54%

Correlation

The correlation between DEZ.DE and V3GU.L is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.18
Correlation (3Y) Calculated over the trailing 3-year period	-0.00
Correlation (All Time) Calculated using the full available price history since Aug 16, 2021	-0.04

The correlation between DEZ.DE and V3GU.L shifts across timeframes, from -0.04 (all time) to 0.18 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

DEZ.DE vs. V3GU.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DEZ.DE

DEZ.DE Risk / Return Rank: 60
DEZ.DE Sharpe Ratio Rank: 62
DEZ.DE Sortino Ratio Rank: 60
DEZ.DE Omega Ratio Rank: 58
DEZ.DE Calmar Ratio Rank: 59
DEZ.DE Martin Ratio Rank: 61

V3GU.L

V3GU.L Risk / Return Rank: 35
V3GU.L Sharpe Ratio Rank: 33
V3GU.L Sortino Ratio Rank: 34
V3GU.L Omega Ratio Rank: 33
V3GU.L Calmar Ratio Rank: 35
V3GU.L Martin Ratio Rank: 38

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DEZ.DE vs. V3GU.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for DEUTZ Aktiengesellschaft (DEZ.DE) and Vanguard ESG Global Corporate Bond UCITS ETF USD Hedged Accumulating (V3GU.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.

	DEZ.DE	V3GU.L	Difference
Sharpe ratio: Return per unit of total volatility	0.64	0.46	+0.17
Sortino ratio: Return per unit of downside risk	1.22	0.69	+0.53
Omega ratio: Gain probability vs. loss probability	1.15	1.08	+0.07
Calmar ratio: Return relative to maximum drawdown	0.85	0.72	+0.13
Martin ratio: Return relative to average drawdown	2.04	1.91	+0.13
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DEZ.DE vs. V3GU.L - Sharpe Ratio Comparison

The current DEZ.DE Sharpe Ratio is 0.64, which is higher than the V3GU.L Sharpe Ratio of 0.46. The chart below compares the historical Sharpe Ratios of DEZ.DE and V3GU.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	DEZ.DE	V3GU.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.64	0.46	+0.17
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.21	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.27	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.07	0.14	-0.07

Drawdowns

DEZ.DE vs. V3GU.L - Drawdown Comparison

The maximum DEZ.DE drawdown since its inception was -90.22%, which is greater than V3GU.L's maximum drawdown of -11.45%. Use the drawdown chart below to compare losses from any high point for DEZ.DE and V3GU.L.

Drawdown Indicators

	DEZ.DE	V3GU.L	Difference
Max Drawdown Largest peak-to-trough decline	-90.22%	-11.45%	-78.77%
Max Drawdown (1Y) Largest decline over 1 year	-33.20%	-3.84%	-29.36%
Max Drawdown (3Y) Largest decline over 3 years	-36.67%	-10.86%	-25.81%
Max Drawdown (5Y) Largest decline over 5 years	-62.28%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-69.00%	—	—
Current Drawdown Current decline from peak	-20.82%	-5.92%	-14.90%
Average Drawdown Average peak-to-trough decline	-51.89%	-5.50%	-46.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.83%	1.46%	+12.37%

Volatility

DEZ.DE vs. V3GU.L - Volatility Comparison

DEUTZ Aktiengesellschaft (DEZ.DE) has a higher volatility of 12.61% compared to Vanguard ESG Global Corporate Bond UCITS ETF USD Hedged Accumulating (V3GU.L) at 1.25%. This indicates that DEZ.DE's price experiences larger fluctuations and is considered to be riskier than V3GU.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DEZ.DE	V3GU.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.61%	1.25%	+11.36%
Volatility (6M) Calculated over the trailing 6-month period	35.48%	4.36%	+31.12%
Volatility (1Y) Calculated over the trailing 1-year period	44.53%	5.99%	+38.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	41.32%	8.64%	+32.68%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	40.79%	8.64%	+32.15%

Dividends

DEZ.DE vs. V3GU.L - Dividend Comparison

DEZ.DE's dividend yield for the trailing twelve months is around 1.85%, while V3GU.L has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DEZ.DE DEUTZ Aktiengesellschaft	1.85%	2.00%	4.21%	3.12%	3.71%	0.00%	2.94%	2.69%	2.92%	0.92%	1.31%	1.90%
V3GU.L Vanguard ESG Global Corporate Bond UCITS ETF USD 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

Can I hold both DEZ.DE and V3GU.L in my portfolio?

DEZ.DE and V3GU.L have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.