EGOG.L vs. VAGP.L
EGOG.L (UBS ETF (LU) J.P. Morgan Global Government ESG Liquid Bond UCITS ETF (hedged to GBP) A-dis) and VAGP.L (Vanguard Global Aggregate Bond UCITS ETF GBP Hedged Distributing) are both Global Bonds funds tracking the Bloomberg Global Aggregate TR Hdg GBP, from UBS and Vanguard respectively. Both are passively managed. Over the past 5 years, EGOG.L returned -0.75%/yr vs -0.24%/yr for VAGP.L. At a 0.33 correlation, their price movements are largely independent. EGOG.L charges 0.20%/yr vs 0.10%/yr for VAGP.L.
Performance
EGOG.L vs. VAGP.L - Performance Comparison
Loading charts...
Different Trading Currencies
EGOG.L is traded in GBp, while VAGP.L is traded in GBP. To make them comparable, the VAGP.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, EGOG.L achieves a -0.03% return, which is significantly lower than VAGP.L's 0.19% return.
EGOG.L
- 1D
- 0.04%
- 1M
- 0.37%
- YTD
- -0.03%
- 6M
- -0.16%
- 1Y
- 1.76%
- 3Y*
- 2.65%
- 5Y*
- -0.75%
- 10Y*
- —
VAGP.L
- 1D
- 0.29%
- 1M
- 0.35%
- YTD
- 0.19%
- 6M
- 0.36%
- 1Y
- 3.24%
- 3Y*
- 3.74%
- 5Y*
- -0.24%
- 10Y*
- —
EGOG.L vs. VAGP.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
EGOG.L UBS ETF (LU) J.P. Morgan Global Government ESG Liquid Bond UCITS ETF (hedged to GBP) A-dis | -0.03% | 3.06% | 2.00% | 3.46% | -13.02% | -1.80% | -0.02% |
VAGP.L Vanguard Global Aggregate Bond UCITS ETF GBP Hedged Distributing | 0.19% | 4.96% | 2.51% | 5.84% | -13.81% | -2.03% | 0.32% |
Correlation
The correlation between EGOG.L and VAGP.L is 0.67, 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 | 0.67 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.43 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since Nov 6, 2020 | 0.33 |
Over the past year, EGOG.L and VAGP.L have become more correlated (0.67) than their long-term average of 0.33, meaning their price movements have been converging.
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
EGOG.L vs. VAGP.L — Risk / Return Rank
EGOG.L
VAGP.L
EGOG.L vs. VAGP.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for UBS ETF (LU) J.P. Morgan Global Government ESG Liquid Bond UCITS ETF (hedged to GBP) A-dis (EGOG.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.
| EGOG.L | VAGP.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.23 | ||
| Sortino ratioReturn per unit of downside risk | -0.28 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 1.17 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 0.96 | 1.15 | -0.20 |
| Martin ratioReturn relative to average drawdown | 2.28 | 3.41 | -1.13 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| EGOG.L | VAGP.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.73 | 0.97 | -0.23 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.26 | -0.05 | -0.21 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.48 | 0.12 | -0.60 |
Drawdowns
EGOG.L vs. VAGP.L - Drawdown Comparison
The maximum EGOG.L drawdown since its inception was -16.69%, smaller than the maximum VAGP.L drawdown of -18.13%. Use the drawdown chart below to compare losses from any high point for EGOG.L and VAGP.L.
Loading charts...
Drawdown Indicators
| EGOG.L | VAGP.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.69% | -18.13% | +1.44% |
Max Drawdown (1Y)Largest decline over 1 year | -3.05% | -2.80% | -0.25% |
Max Drawdown (3Y)Largest decline over 3 years | -3.48% | -4.04% | +0.56% |
Max Drawdown (5Y)Largest decline over 5 years | -15.73% | -17.70% | +1.97% |
Current DrawdownCurrent decline from peak | -7.30% | -3.76% | -3.54% |
Average DrawdownAverage peak-to-trough decline | -8.24% | -6.70% | -1.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.22% | 0.95% | +0.27% |
Volatility
EGOG.L vs. VAGP.L - Volatility Comparison
UBS ETF (LU) J.P. Morgan Global Government ESG Liquid Bond UCITS ETF (hedged to GBP) A-dis (EGOG.L) has a higher volatility of 1.57% compared to Vanguard Global Aggregate Bond UCITS ETF GBP Hedged Distributing (VAGP.L) at 1.43%. This indicates that EGOG.L's price experiences larger fluctuations and is considered to be riskier than VAGP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EGOG.L | VAGP.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.57% | 1.43% | +0.14% |
Volatility (6M)Calculated over the trailing 6-month period | 2.89% | 2.79% | +0.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.00% | 3.35% | +0.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.63% | 4.78% | +3.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.62% | 4.50% | +4.12% |
EGOG.L vs. VAGP.L - Expense Ratio Comparison
EGOG.L has a 0.20% expense ratio, which is higher than VAGP.L's 0.10% 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
EGOG.L vs. VAGP.L - Dividend Comparison
EGOG.L's dividend yield for the trailing twelve months is around 2.71%, less than VAGP.L's 3.55% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
EGOG.L UBS ETF (LU) J.P. Morgan Global Government ESG Liquid Bond UCITS ETF (hedged to GBP) A-dis | 2.71% | 2.91% | 2.30% | 1.44% | 0.44% | 0.17% | 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
EGOG.L and VAGP.L have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VAGP.L is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VAGP.L is cheaper with a 0.10% expense ratio, compared with 0.20% for EGOG.L.
Both ETFs track Bloomberg Global Aggregate TR Hdg GBP. They also come from different issuers: UBS and Vanguard. Their fees differ too: 0.20% for EGOG.L and 0.10% for VAGP.L.
Find the right allocation for EGOG.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