GBPC.L vs. VUG
Compare and contrast key facts about L&G ESG GBP Corporate Bond UCITS ETF (GBPC.L) and Vanguard Growth ETF (VUG).
GBPC.L and VUG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GBPC.L is a passively managed fund by Legal & General that tracks the performance of the Markit iBoxx GBP NonGilts TR. It was launched on Dec 3, 2020. VUG is a passively managed fund by Vanguard that tracks the performance of the CRSP U.S. Large Cap Growth Index. It was launched on Jan 26, 2004. Both GBPC.L and VUG are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GBPC.L or VUG.
Key characteristics
| GBPC.L | VUG | |
|---|---|---|
| YTD Return | 3.29% | 20.25% |
| 1Y Return | 11.08% | 32.48% |
| 3Y Return (Ann) | -3.33% | 7.86% |
| Sharpe Ratio | 1.87 | 1.87 |
| Daily Std Dev | 6.18% | 17.23% |
| Max Drawdown | -28.18% | -50.68% |
| Current Drawdown | -10.30% | -4.86% |
Correlation
The correlation between GBPC.L and VUG is 0.28, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
GBPC.L vs. VUG - Performance Comparison
In the year-to-date period, GBPC.L achieves a 3.29% return, which is significantly lower than VUG's 20.25% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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GBPC.L vs. VUG - Expense Ratio Comparison
GBPC.L has a 0.09% expense ratio, which is higher than VUG's 0.04% 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%.
Risk-Adjusted Performance
GBPC.L vs. VUG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for L&G ESG GBP Corporate Bond UCITS ETF (GBPC.L) and Vanguard Growth ETF (VUG). 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.
Dividends
GBPC.L vs. VUG - Dividend Comparison
GBPC.L's dividend yield for the trailing twelve months is around 4.84%, more than VUG's 0.51% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GBPC.L L&G ESG GBP Corporate Bond UCITS ETF | 4.84% | 3.58% | 2.16% | 0.87% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VUG Vanguard Growth ETF | 0.51% | 0.58% | 0.70% | 0.48% | 0.66% | 0.95% | 1.32% | 1.14% | 1.39% | 1.30% | 1.21% | 1.19% |
Drawdowns
GBPC.L vs. VUG - Drawdown Comparison
The maximum GBPC.L drawdown since its inception was -28.18%, smaller than the maximum VUG drawdown of -50.68%. Use the drawdown chart below to compare losses from any high point for GBPC.L and VUG. For additional features, visit the drawdowns tool.
Volatility
GBPC.L vs. VUG - Volatility Comparison
The current volatility for L&G ESG GBP Corporate Bond UCITS ETF (GBPC.L) is 2.25%, while Vanguard Growth ETF (VUG) has a volatility of 5.33%. This indicates that GBPC.L experiences smaller price fluctuations and is considered to be less risky than VUG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.