PJS1.DE vs. VUDP.F

Last updated Jun 5, 2026

PJS1.DE (PIMCO Euro Short Maturity UCITS ETF EUR Income) and VUDP.F (Vanguard U.S. Treasury 1-3 Year Bond UCITS ETF EUR Hedged Distributing) are both exchange-traded funds - PJS1.DE is a Short-Term Bond fund actively managed by PIMCO, while VUDP.F is a Government Bonds fund tracking the Bloomberg U.S. Treasury 1-3 Year Index Hedged in EUR. PJS1.DE is actively managed, while VUDP.F is passively managed. At a 0.00 correlation, their price movements are largely independent. PJS1.DE charges 0.35%/yr vs 0.10%/yr for VUDP.F.

Performance

PJS1.DE vs. VUDP.F - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in PIMCO Euro Short Maturity UCITS ETF EUR Income (PJS1.DE) and Vanguard U.S. Treasury 1-3 Year Bond UCITS ETF EUR Hedged Distributing (VUDP.F). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PJS1.DE achieves a 0.82% return, which is significantly higher than VUDP.F's -1.75% return.

PJS1.DE

• 1D: 0.01%
• 1M: 0.23%
• YTD: 0.82%
• 6M: 0.97%
• 1Y: 2.30%
• 3Y*: 3.54%
• 5Y*: 1.84%
• 10Y*: 0.69%

VUDP.F

• 1D: 0.10%
• 1M: -0.50%
• YTD: -1.75%
• 6M: -1.80%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PJS1.DE vs. VUDP.F - Yearly Performance Comparison

	2026 (YTD)	2025
PJS1.DE PIMCO Euro Short Maturity UCITS ETF EUR Income	0.82%	0.35%
VUDP.F Vanguard U.S. Treasury 1-3 Year Bond UCITS ETF EUR Hedged Distributing	-1.75%	1.21%

Correlation

The correlation between PJS1.DE and VUDP.F is 0.00, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 7, 2025	0.00

Return for Risk

PJS1.DE vs. VUDP.F — Risk / Return Rank

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

PJS1.DE

PJS1.DE Risk / Return Rank: 96
PJS1.DE Sharpe Ratio Rank: 97
PJS1.DE Sortino Ratio Rank: 98
PJS1.DE Omega Ratio Rank: 98
PJS1.DE Calmar Ratio Rank: 93
PJS1.DE Martin Ratio Rank: 95

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.

PJS1.DE vs. VUDP.F - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PIMCO Euro Short Maturity UCITS ETF EUR Income (PJS1.DE) and Vanguard U.S. Treasury 1-3 Year Bond UCITS ETF EUR Hedged Distributing (VUDP.F). 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.

	PJS1.DE	VUDP.F	Difference
Sharpe ratio: Return per unit of total volatility	4.59	—	—
Sortino ratio: Return per unit of downside risk	8.13	—	—
Omega ratio: Gain probability vs. loss probability	2.14	—	—
Calmar ratio: Return relative to maximum drawdown	6.35	—	—
Martin ratio: Return relative to average drawdown	29.19	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	PJS1.DE	VUDP.F	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	4.59	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	3.05	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	1.06	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.82	-0.43	+1.25

Drawdowns

PJS1.DE vs. VUDP.F - Drawdown Comparison

The maximum PJS1.DE drawdown since its inception was -5.79%, which is greater than VUDP.F's maximum drawdown of -2.16%. Use the drawdown chart below to compare losses from any high point for PJS1.DE and VUDP.F.

Drawdown Indicators

	PJS1.DE	VUDP.F	Difference
Max Drawdown Largest peak-to-trough decline	-5.79%	-2.16%	-3.63%
Max Drawdown (1Y) Largest decline over 1 year	-0.36%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-0.36%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-3.42%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-5.57%	—	—
Current Drawdown Current decline from peak	-0.01%	-1.97%	+1.96%
Average Drawdown Average peak-to-trough decline	-1.16%	-0.82%	-0.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.08%	—	—

Volatility

Volatility by Period

	PJS1.DE	VUDP.F	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.13%	—	—
Volatility (6M) Calculated over the trailing 6-month period	0.42%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	0.50%	2.34%	-1.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.60%	2.34%	-1.74%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.65%	2.34%	-1.69%

PJS1.DE vs. VUDP.F - Expense Ratio Comparison

PJS1.DE has a 0.35% expense ratio, which is higher than VUDP.F's 0.10% expense ratio.

Dividends

PJS1.DE vs. VUDP.F - Dividend Comparison

PJS1.DE's dividend yield for the trailing twelve months is around 2.91%, while VUDP.F has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PJS1.DE PIMCO Euro Short Maturity UCITS ETF EUR Income	2.91%	3.11%	3.58%	2.90%	0.32%	0.00%	0.00%	0.00%	0.00%	0.02%	0.05%	0.19%
VUDP.F Vanguard U.S. Treasury 1-3 Year Bond UCITS ETF EUR Hedged Distributing	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

Can I hold both PJS1.DE and VUDP.F in my portfolio?

PJS1.DE and VUDP.F have a correlation of 0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, PJS1.DE or VUDP.F?

On fees, VUDP.F is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, PJS1.DE or VUDP.F?

VUDP.F is cheaper with a 0.10% expense ratio, compared with 0.35% for PJS1.DE.

What is the main difference between PJS1.DE and VUDP.F?

PJS1.DE is categorized as Short-Term Bond, while VUDP.F is Government Bonds. They also come from different issuers: PIMCO and Vanguard. Their fees differ too: 0.35% for PJS1.DE and 0.10% for VUDP.F.