LQDA.L vs. VCPA.L
Compare and contrast key facts about iShares USD Corporate Bond UCITS ETF (Acc) (LQDA.L) and Vanguard USD Corporate Bond UCITS ETF Accumulating (VCPA.L).
LQDA.L and VCPA.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. LQDA.L is a passively managed fund by iShares that tracks the performance of the Bloomberg US Corp Bond TR USD. It was launched on Apr 13, 2017. VCPA.L is a passively managed fund by Vanguard that tracks the performance of the Bloomberg US Corp Bond TR USD. It was launched on Feb 19, 2019. Both LQDA.L and VCPA.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
LQDA.L vs. VCPA.L - Performance Comparison
Loading graphics...
LQDA.L vs. VCPA.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
LQDA.L iShares USD Corporate Bond UCITS ETF (Acc) | -0.51% | 8.01% | 1.25% | 8.99% | -17.75% | -1.66% | 10.56% | 13.75% |
VCPA.L Vanguard USD Corporate Bond UCITS ETF Accumulating | -0.57% | -98.92% | 2.84% | 7.52% | -15.06% | -0.81% | 8.85% | 11.48% |
Different Trading Currencies
LQDA.L is traded in USD, while VCPA.L is traded in GBP. To make them comparable, the VCPA.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, LQDA.L achieves a -0.51% return, which is significantly higher than VCPA.L's -0.57% return.
LQDA.L
- 1D
- 1.01%
- 1M
- -1.27%
- YTD
- -0.51%
- 6M
- 0.32%
- 1Y
- 4.97%
- 3Y*
- 4.63%
- 5Y*
- 0.21%
- 10Y*
- —
VCPA.L
- 1D
- 0.27%
- 1M
- -1.13%
- YTD
- -0.57%
- 6M
- 0.48%
- 1Y
- -98.95%
- 3Y*
- -77.35%
- 5Y*
- -59.87%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
LQDA.L vs. VCPA.L - Expense Ratio Comparison
LQDA.L has a 0.20% expense ratio, which is higher than VCPA.L'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%.
Return for Risk
LQDA.L vs. VCPA.L — Risk / Return Rank
LQDA.L
VCPA.L
LQDA.L vs. VCPA.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares USD Corporate Bond UCITS ETF (Acc) (LQDA.L) and Vanguard USD Corporate Bond UCITS ETF Accumulating (VCPA.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.
| LQDA.L | VCPA.L | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.71 | -1.00 | +1.71 |
Sortino ratioReturn per unit of downside risk | 1.01 | -0.95 | +1.96 |
Omega ratioGain probability vs. loss probability | 1.14 | 0.31 | +0.83 |
Calmar ratioReturn relative to maximum drawdown | 1.06 | -1.00 | +2.06 |
Martin ratioReturn relative to average drawdown | 4.02 | -1.39 | +5.42 |
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 graphics...
Sharpe Ratios by Period
| LQDA.L | VCPA.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.71 | -1.00 | +1.71 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.02 | -1.34 | +1.36 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.28 | -1.24 | +1.52 |
Correlation
The correlation between LQDA.L and VCPA.L is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
LQDA.L vs. VCPA.L - Dividend Comparison
Neither LQDA.L nor VCPA.L has paid dividends to shareholders.
Drawdowns
LQDA.L vs. VCPA.L - Drawdown Comparison
The maximum LQDA.L drawdown since its inception was -25.10%, smaller than the maximum VCPA.L drawdown of -99.02%. Use the drawdown chart below to compare losses from any high point for LQDA.L and VCPA.L.
Loading graphics...
Drawdown Indicators
| LQDA.L | VCPA.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.10% | -99.06% | +73.96% |
Max Drawdown (1Y)Largest decline over 1 year | -4.93% | -99.02% | +94.09% |
Max Drawdown (5Y)Largest decline over 5 years | -25.10% | -99.04% | +73.94% |
Current DrawdownCurrent decline from peak | -4.08% | -99.03% | +94.95% |
Average DrawdownAverage peak-to-trough decline | -6.86% | -15.34% | +8.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.30% | 71.14% | -69.84% |
Volatility
LQDA.L vs. VCPA.L - Volatility Comparison
iShares USD Corporate Bond UCITS ETF (Acc) (LQDA.L) and Vanguard USD Corporate Bond UCITS ETF Accumulating (VCPA.L) have volatilities of 2.45% and 2.35%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| LQDA.L | VCPA.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.45% | 2.35% | +0.10% |
Volatility (6M)Calculated over the trailing 6-month period | 3.80% | 3.88% | -0.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.99% | 98.63% | -91.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.42% | 45.39% | -36.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.15% | 41.09% | -31.94% |