ECR3.DE vs. VECP.DE

Last updated Jun 5, 2026

ECR3.DE (Amundi Index Euro Corporate SRI 0-3 Y UCITS ETF) and VECP.DE (Vanguard EUR Corporate Bond UCITS ETF Distributing) are both European Corporate Bonds funds - ECR3.DE tracks the Bloomberg MSCI Euro Corporate ESG BB+ Sustainability SRI 0-3 Year while VECP.DE tracks the Bloomberg Euro Corp TR EUR. Both are passively managed. Over the past 5 years, ECR3.DE returned 1.57%/yr vs 0.20%/yr for VECP.DE. A 0.62 correlation means they provide meaningful diversification when combined. ECR3.DE charges 0.12%/yr vs 0.09%/yr for VECP.DE.

Performance

ECR3.DE vs. VECP.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Amundi Index Euro Corporate SRI 0-3 Y UCITS ETF (ECR3.DE) and Vanguard EUR Corporate Bond UCITS ETF Distributing (VECP.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ECR3.DE achieves a 0.60% return, which is significantly higher than VECP.DE's 0.52% return.

ECR3.DE

• 1D: 0.04%
• 1M: 0.24%
• YTD: 0.60%
• 6M: 0.69%
• 1Y: 1.99%
• 3Y*: 3.72%
• 5Y*: 1.57%
• 10Y*: —

VECP.DE

• 1D: 0.10%
• 1M: 0.30%
• YTD: 0.52%
• 6M: 0.50%
• 1Y: 2.12%
• 3Y*: 4.57%
• 5Y*: 0.20%
• 10Y*: —

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

ECR3.DE vs. VECP.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
ECR3.DE Amundi Index Euro Corporate SRI 0-3 Y UCITS ETF	0.60%	2.97%	4.19%	4.18%	-3.69%	-0.14%	0.37%	0.00%
VECP.DE Vanguard EUR Corporate Bond UCITS ETF Distributing	0.52%	3.00%	4.33%	7.73%	-13.11%	-0.93%	2.85%	-0.24%

Correlation

The correlation between ECR3.DE and VECP.DE is 0.65, 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	0.65
Correlation (3Y) Calculated over the trailing 3-year period	0.70
Correlation (5Y) Calculated over the trailing 5-year period	0.72
Correlation (All Time) Calculated using the full available price history since Dec 30, 2019	0.62

The correlation between ECR3.DE and VECP.DE has been stable across timeframes, ranging from 0.62 to 0.72 - a consistent structural relationship.

Return for Risk

ECR3.DE vs. VECP.DE — Risk / Return Rank

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

ECR3.DE

ECR3.DE Risk / Return Rank: 56
ECR3.DE Sharpe Ratio Rank: 53
ECR3.DE Sortino Ratio Rank: 63
ECR3.DE Omega Ratio Rank: 66
ECR3.DE Calmar Ratio Rank: 44
ECR3.DE Martin Ratio Rank: 53

VECP.DE

VECP.DE Risk / Return Rank: 18
VECP.DE Sharpe Ratio Rank: 19
VECP.DE Sortino Ratio Rank: 17
VECP.DE Omega Ratio Rank: 17
VECP.DE Calmar Ratio Rank: 18
VECP.DE Martin Ratio Rank: 21

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.

ECR3.DE vs. VECP.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amundi Index Euro Corporate SRI 0-3 Y UCITS ETF (ECR3.DE) and Vanguard EUR Corporate Bond UCITS ETF Distributing (VECP.DE). 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.

	ECR3.DE	VECP.DE	Difference
Sharpe ratio: Return per unit of total volatility	1.79	0.56	+1.23
Sortino ratio: Return per unit of downside risk	2.88	0.84	+2.05
Omega ratio: Gain probability vs. loss probability	1.39	1.10	+0.29
Calmar ratio: Return relative to maximum drawdown	2.16	0.68	+1.48
Martin ratio: Return relative to average drawdown	8.95	2.33	+6.63
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ECR3.DE vs. VECP.DE - Sharpe Ratio Comparison

The current ECR3.DE Sharpe Ratio is 1.79, which is higher than the VECP.DE Sharpe Ratio of 0.56. The chart below compares the historical Sharpe Ratios of ECR3.DE and VECP.DE, 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

	ECR3.DE	VECP.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.79	0.56	+1.23
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.12	0.04	+1.08
Sharpe Ratio (All Time) Calculated using the full available price history	0.80	0.18	+0.62

Drawdowns

ECR3.DE vs. VECP.DE - Drawdown Comparison

The maximum ECR3.DE drawdown since its inception was -5.04%, smaller than the maximum VECP.DE drawdown of -17.05%. Use the drawdown chart below to compare losses from any high point for ECR3.DE and VECP.DE.

Drawdown Indicators

	ECR3.DE	VECP.DE	Difference
Max Drawdown Largest peak-to-trough decline	-5.04%	-17.05%	+12.01%
Max Drawdown (1Y) Largest decline over 1 year	-0.88%	-2.65%	+1.77%
Max Drawdown (3Y) Largest decline over 3 years	-0.88%	-2.65%	+1.77%
Max Drawdown (5Y) Largest decline over 5 years	-5.04%	-17.05%	+12.01%
Current Drawdown Current decline from peak	-0.10%	-0.67%	+0.57%
Average Drawdown Average peak-to-trough decline	-1.05%	-4.33%	+3.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.21%	0.77%	-0.56%

Volatility

ECR3.DE vs. VECP.DE - Volatility Comparison

The current volatility for Amundi Index Euro Corporate SRI 0-3 Y UCITS ETF (ECR3.DE) is 0.38%, while Vanguard EUR Corporate Bond UCITS ETF Distributing (VECP.DE) has a volatility of 1.22%. This indicates that ECR3.DE experiences smaller price fluctuations and is considered to be less risky than VECP.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ECR3.DE	VECP.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.38%	1.22%	-0.84%
Volatility (6M) Calculated over the trailing 6-month period	0.96%	2.76%	-1.80%
Volatility (1Y) Calculated over the trailing 1-year period	1.06%	3.20%	-2.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.39%	4.50%	-3.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.74%	5.08%	-3.34%

ECR3.DE vs. VECP.DE - Expense Ratio Comparison

ECR3.DE has a 0.12% expense ratio, which is higher than VECP.DE's 0.09% 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

ECR3.DE vs. VECP.DE - Dividend Comparison

ECR3.DE has not paid dividends to shareholders, while VECP.DE's dividend yield for the trailing twelve months is around 3.41%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
ECR3.DE Amundi Index Euro Corporate SRI 0-3 Y UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VECP.DE Vanguard EUR Corporate Bond UCITS ETF Distributing	3.41%	3.43%	3.37%	3.00%	1.45%	0.66%	0.76%	0.79%	0.97%	0.19%

Frequently Asked Questions

Can I hold both ECR3.DE and VECP.DE in my portfolio?

ECR3.DE and VECP.DE have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ECR3.DE or VECP.DE?

On fees, VECP.DE is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ECR3.DE or VECP.DE?

VECP.DE is cheaper with a 0.09% expense ratio, compared with 0.12% for ECR3.DE.

What is the main difference between ECR3.DE and VECP.DE?

ECR3.DE tracks Bloomberg MSCI Euro Corporate ESG BB+ Sustainability SRI 0-3 Year, while VECP.DE tracks Bloomberg Euro Corp TR EUR. They also come from different issuers: Amundi and Vanguard. Their fees differ too: 0.12% for ECR3.DE and 0.09% for VECP.DE.