FVUI.DE vs. VUSC.DE

Last updated Jun 5, 2026

FVUI.DE (Franklin USD Investment Grade Corporate Bond UCITS ETF) and VUSC.DE (Vanguard USD Corporate 1-3 Bond UCITS ETF Distributing) are both Corporate Bonds funds - FVUI.DE tracks the Franklin USD Investment Grade Corporate Bond while VUSC.DE tracks the Bloomberg US Corp 1-3 Yr TR USD. Both are passively managed. Over the past 5 years, FVUI.DE returned 0.97%/yr vs 3.26%/yr for VUSC.DE. At a 0.40 correlation, their price movements are largely independent. FVUI.DE charges 0.35%/yr vs 0.09%/yr for VUSC.DE.

Performance

FVUI.DE vs. VUSC.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Franklin USD Investment Grade Corporate Bond UCITS ETF (FVUI.DE) and Vanguard USD Corporate 1-3 Bond UCITS ETF Distributing (VUSC.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FVUI.DE achieves a 1.32% return, which is significantly lower than VUSC.DE's 1.87% return.

FVUI.DE

• 1D: 0.08%
• 1M: 1.16%
• YTD: 1.32%
• 6M: 0.52%
• 1Y: 3.14%
• 3Y*: 1.75%
• 5Y*: 0.97%
• 10Y*: —

VUSC.DE

• 1D: 0.01%
• 1M: 1.29%
• YTD: 1.87%
• 6M: 1.19%
• 1Y: 2.08%
• 3Y*: 2.04%
• 5Y*: 3.26%
• 10Y*: —

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

FVUI.DE vs. VUSC.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
FVUI.DE Franklin USD Investment Grade Corporate Bond UCITS ETF	1.32%	-4.78%	7.37%	2.60%	-8.69%	4.81%	-0.94%	16.34%	0.00%
VUSC.DE Vanguard USD Corporate 1-3 Bond UCITS ETF Distributing	1.87%	-6.35%	11.06%	1.80%	2.07%	7.98%	-5.89%	5.78%	-0.50%

Correlation

The correlation between FVUI.DE and VUSC.DE is 0.73, 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	0.73
Correlation (3Y) Calculated over the trailing 3-year period	0.69
Correlation (5Y) Calculated over the trailing 5-year period	0.51
Correlation (All Time) Calculated using the full available price history since Dec 7, 2018	0.40

Over the past year, FVUI.DE and VUSC.DE have become more correlated (0.73) than their long-term average of 0.40, meaning their price movements have been converging.

Return for Risk

FVUI.DE vs. VUSC.DE — Risk / Return Rank

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

FVUI.DE

FVUI.DE Risk / Return Rank: 17
FVUI.DE Sharpe Ratio Rank: 16
FVUI.DE Sortino Ratio Rank: 15
FVUI.DE Omega Ratio Rank: 15
FVUI.DE Calmar Ratio Rank: 19
FVUI.DE Martin Ratio Rank: 18

VUSC.DE

VUSC.DE Risk / Return Rank: 14
VUSC.DE Sharpe Ratio Rank: 14
VUSC.DE Sortino Ratio Rank: 13
VUSC.DE Omega Ratio Rank: 13
VUSC.DE Calmar Ratio Rank: 16
VUSC.DE Martin Ratio Rank: 15

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.

FVUI.DE vs. VUSC.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin USD Investment Grade Corporate Bond UCITS ETF (FVUI.DE) and Vanguard USD Corporate 1-3 Bond UCITS ETF Distributing (VUSC.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.

	FVUI.DE	VUSC.DE	Difference
Sharpe ratio: Return per unit of total volatility	0.45	0.35	+0.11
Sortino ratio: Return per unit of downside risk	0.70	0.53	+0.17
Omega ratio: Gain probability vs. loss probability	1.08	1.06	+0.02
Calmar ratio: Return relative to maximum drawdown	0.78	0.56	+0.22
Martin ratio: Return relative to average drawdown	1.84	1.30	+0.53
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FVUI.DE vs. VUSC.DE - Sharpe Ratio Comparison

The current FVUI.DE Sharpe Ratio is 0.45, which is higher than the VUSC.DE Sharpe Ratio of 0.35. The chart below compares the historical Sharpe Ratios of FVUI.DE and VUSC.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

	FVUI.DE	VUSC.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.45	0.35	+0.11
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.13	0.46	-0.33
Sharpe Ratio (All Time) Calculated using the full available price history	0.27	0.35	-0.08

Drawdowns

FVUI.DE vs. VUSC.DE - Drawdown Comparison

The maximum FVUI.DE drawdown since its inception was -16.78%, which is greater than VUSC.DE's maximum drawdown of -11.44%. Use the drawdown chart below to compare losses from any high point for FVUI.DE and VUSC.DE.

Drawdown Indicators

	FVUI.DE	VUSC.DE	Difference
Max Drawdown Largest peak-to-trough decline	-16.78%	-11.44%	-5.34%
Max Drawdown (1Y) Largest decline over 1 year	-3.55%	-3.36%	-0.19%
Max Drawdown (3Y) Largest decline over 3 years	-11.53%	-10.76%	-0.77%
Max Drawdown (5Y) Largest decline over 5 years	-13.77%	-11.44%	-2.33%
Current Drawdown Current decline from peak	-6.12%	-6.70%	+0.58%
Average Drawdown Average peak-to-trough decline	-6.88%	-4.51%	-2.37%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.51%	1.46%	+0.05%

Volatility

FVUI.DE vs. VUSC.DE - Volatility Comparison

Franklin USD Investment Grade Corporate Bond UCITS ETF (FVUI.DE) has a higher volatility of 1.38% compared to Vanguard USD Corporate 1-3 Bond UCITS ETF Distributing (VUSC.DE) at 1.04%. This indicates that FVUI.DE's price experiences larger fluctuations and is considered to be riskier than VUSC.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FVUI.DE	VUSC.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.38%	1.04%	+0.34%
Volatility (6M) Calculated over the trailing 6-month period	4.44%	3.65%	+0.79%
Volatility (1Y) Calculated over the trailing 1-year period	6.12%	5.48%	+0.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.35%	7.03%	+2.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.95%	6.66%	+6.29%

FVUI.DE vs. VUSC.DE - Expense Ratio Comparison

FVUI.DE has a 0.35% expense ratio, which is higher than VUSC.DE's 0.09% expense ratio.

Dividends

FVUI.DE vs. VUSC.DE - Dividend Comparison

FVUI.DE's dividend yield for the trailing twelve months is around 3.48%, less than VUSC.DE's 3.94% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
FVUI.DE Franklin USD Investment Grade Corporate Bond UCITS ETF	3.48%	3.53%	3.94%	3.22%	2.63%	1.81%	2.06%	2.99%	1.40%
VUSC.DE Vanguard USD Corporate 1-3 Bond UCITS ETF Distributing	3.94%	4.49%	4.42%	4.11%	1.92%	0.85%	1.90%	0.92%	0.00%

Frequently Asked Questions

Can I hold both FVUI.DE and VUSC.DE in my portfolio?

FVUI.DE and VUSC.DE have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FVUI.DE or VUSC.DE?

On fees, VUSC.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, FVUI.DE or VUSC.DE?

VUSC.DE is cheaper with a 0.09% expense ratio, compared with 0.35% for FVUI.DE.

What is the main difference between FVUI.DE and VUSC.DE?

FVUI.DE tracks Franklin USD Investment Grade Corporate Bond, while VUSC.DE tracks Bloomberg US Corp 1-3 Yr TR USD. They also come from different issuers: Franklin Templeton and Vanguard. Their fees differ too: 0.35% for FVUI.DE and 0.09% for VUSC.DE.