IS04.DE vs. VAGT.DE
IS04.DE (iShares USD Treasury Bond 20+yr UCITS ETF (Dist)) and VAGT.DE (Vanguard USD Treasury Bond UCITS ETF Accumulating) are both Government Bonds funds - IS04.DE tracks the ICE U.S. Treasury 20+ Year Bond Index while VAGT.DE tracks the Bloomberg Global Aggregate US Treasury Float Adjusted Index. Both are passively managed. Over the past 3 years, IS04.DE returned -4.20%/yr vs 0.08%/yr for VAGT.DE. A 0.73 correlation means they provide meaningful diversification when combined. IS04.DE charges 0.07%/yr vs 0.05%/yr for VAGT.DE.
Performance
IS04.DE vs. VAGT.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IS04.DE achieves a 0.81% return, which is significantly lower than VAGT.DE's 1.07% return.
IS04.DE
- 1D
- 0.41%
- 1M
- 1.45%
- YTD
- 0.81%
- 6M
- -0.81%
- 1Y
- 2.13%
- 3Y*
- -4.20%
- 5Y*
- -5.21%
- 10Y*
- -1.74%
VAGT.DE
- 1D
- 0.09%
- 1M
- 0.83%
- YTD
- 1.07%
- 6M
- 0.30%
- 1Y
- 1.62%
- 3Y*
- 0.08%
- 5Y*
- —
- 10Y*
- —
IS04.DE vs. VAGT.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
IS04.DE iShares USD Treasury Bond 20+yr UCITS ETF (Dist) | 0.81% | -6.95% | -2.51% | -3.72% |
VAGT.DE Vanguard USD Treasury Bond UCITS ETF Accumulating | 1.07% | -5.48% | 6.40% | -0.45% |
Correlation
The correlation between IS04.DE and VAGT.DE is 0.69, 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 | 0.69 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.72 |
Correlation (All Time) Calculated using the full available price history since Mar 10, 2023 | 0.73 |
The correlation between IS04.DE and VAGT.DE has been stable across timeframes, ranging from 0.69 to 0.73 - a consistent structural relationship.
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
IS04.DE vs. VAGT.DE — Risk / Return Rank
IS04.DE
VAGT.DE
IS04.DE vs. VAGT.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares USD Treasury Bond 20+yr UCITS ETF (Dist) (IS04.DE) and Vanguard USD Treasury Bond UCITS ETF Accumulating (VAGT.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.
| IS04.DE | VAGT.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.07 | ||
| Sortino ratioReturn per unit of downside risk | -0.08 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 1.05 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 0.29 | 0.40 | -0.11 |
| Martin ratioReturn relative to average drawdown | 0.62 | 1.00 | -0.39 |
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
| IS04.DE | VAGT.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.22 | 0.29 | -0.07 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.34 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.12 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.09 | 0.05 | -0.14 |
Drawdowns
IS04.DE vs. VAGT.DE - Drawdown Comparison
The maximum IS04.DE drawdown since its inception was -47.19%, which is greater than VAGT.DE's maximum drawdown of -11.03%. Use the drawdown chart below to compare losses from any high point for IS04.DE and VAGT.DE.
Loading charts...
Drawdown Indicators
| IS04.DE | VAGT.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.19% | -11.03% | -36.16% |
Max Drawdown (1Y)Largest decline over 1 year | -7.33% | -4.00% | -3.33% |
Max Drawdown (3Y)Largest decline over 3 years | -18.47% | -11.03% | -7.44% |
Max Drawdown (5Y)Largest decline over 5 years | -40.05% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -47.19% | — | — |
Current DrawdownCurrent decline from peak | -43.69% | -7.21% | -36.48% |
Average DrawdownAverage peak-to-trough decline | -21.89% | -5.04% | -16.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.45% | 1.61% | +1.84% |
Volatility
IS04.DE vs. VAGT.DE - Volatility Comparison
iShares USD Treasury Bond 20+yr UCITS ETF (Dist) (IS04.DE) has a higher volatility of 2.47% compared to Vanguard USD Treasury Bond UCITS ETF Accumulating (VAGT.DE) at 0.86%. This indicates that IS04.DE's price experiences larger fluctuations and is considered to be riskier than VAGT.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IS04.DE | VAGT.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.47% | 0.86% | +1.61% |
Volatility (6M)Calculated over the trailing 6-month period | 6.52% | 3.76% | +2.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.70% | 5.49% | +4.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.21% | 7.33% | +7.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.69% | 7.33% | +7.36% |
IS04.DE vs. VAGT.DE - Expense Ratio Comparison
IS04.DE has a 0.07% expense ratio, which is higher than VAGT.DE's 0.05% 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
IS04.DE vs. VAGT.DE - Dividend Comparison
IS04.DE's dividend yield for the trailing twelve months is around 4.35%, while VAGT.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IS04.DE iShares USD Treasury Bond 20+yr UCITS ETF (Dist) | 4.35% | 4.38% | 4.62% | 3.82% | 3.04% | 1.71% | 1.86% | 2.49% | 2.79% | 2.72% | 2.56% | 2.14% |
VAGT.DE Vanguard USD Treasury Bond UCITS ETF 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
IS04.DE and VAGT.DE have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VAGT.DE is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VAGT.DE is cheaper with a 0.05% expense ratio, compared with 0.07% for IS04.DE.
IS04.DE tracks ICE U.S. Treasury 20+ Year Bond Index, while VAGT.DE tracks Bloomberg Global Aggregate US Treasury Float Adjusted Index. They also come from different issuers: iShares and Vanguard. Their fees differ too: 0.07% for IS04.DE and 0.05% for VAGT.DE.
Find the right allocation for IS04.DE and VAGT.DE
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