SYBD.DE vs. VECA.DE
SYBD.DE (SPDR Bloomberg 0-3 Year Corporate Bond UCITS ETF) and VECA.DE (Vanguard EUR Corporate Bond UCITS ETF Accumulating) are both European Corporate Bonds funds - SYBD.DE tracks the Bloomberg Euro Corporate Bond 0-3 while VECA.DE tracks the Bloomberg Euro Corp TR EUR. Both are passively managed. Over the past 5 years, SYBD.DE returned 1.59%/yr vs 0.09%/yr for VECA.DE. At a 0.47 correlation, their price movements are largely independent. SYBD.DE charges 0.20%/yr vs 0.09%/yr for VECA.DE.
Performance
SYBD.DE vs. VECA.DE - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both investments are quite close, with SYBD.DE having a 0.52% return and VECA.DE slightly higher at 0.53%.
SYBD.DE
- 1D
- 0.02%
- 1M
- 0.10%
- YTD
- 0.52%
- 6M
- 0.64%
- 1Y
- 1.91%
- 3Y*
- 3.69%
- 5Y*
- 1.59%
- 10Y*
- 0.86%
VECA.DE
- 1D
- 0.10%
- 1M
- 0.30%
- YTD
- 0.53%
- 6M
- 0.60%
- 1Y
- 2.10%
- 3Y*
- 4.55%
- 5Y*
- 0.09%
- 10Y*
- —
SYBD.DE vs. VECA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
SYBD.DE SPDR Bloomberg 0-3 Year Corporate Bond UCITS ETF | 0.52% | 2.96% | 4.34% | 4.07% | -3.54% | -0.12% | 0.15% | 0.43% |
VECA.DE Vanguard EUR Corporate Bond UCITS ETF Accumulating | 0.53% | 2.98% | 4.38% | 7.53% | -13.48% | -1.05% | 2.50% | 4.88% |
Correlation
The correlation between SYBD.DE and VECA.DE is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.39 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.49 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.54 |
Correlation (All Time) Calculated using the full available price history since Feb 20, 2019 | 0.47 |
The correlation between SYBD.DE and VECA.DE shifts across timeframes, from 0.39 (1 year) to 0.54 (5 years), reflecting how their relationship changes across market environments.
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
SYBD.DE vs. VECA.DE — Risk / Return Rank
SYBD.DE
VECA.DE
SYBD.DE vs. VECA.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Bloomberg 0-3 Year Corporate Bond UCITS ETF (SYBD.DE) and Vanguard EUR Corporate Bond UCITS ETF Accumulating (VECA.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.
| SYBD.DE | VECA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.30 | ||
| Sortino ratioReturn per unit of downside risk | +0.50 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.11 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 2.00 | 0.69 | +1.32 |
| Martin ratioReturn relative to average drawdown | 7.77 | 2.35 | +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 charts...
Sharpe Ratios by Period
| SYBD.DE | VECA.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.86 | 0.56 | +0.30 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.72 | 0.02 | +0.70 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.28 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.32 | 0.19 | +0.13 |
Drawdowns
SYBD.DE vs. VECA.DE - Drawdown Comparison
The maximum SYBD.DE drawdown since its inception was -8.72%, smaller than the maximum VECA.DE drawdown of -17.21%. Use the drawdown chart below to compare losses from any high point for SYBD.DE and VECA.DE.
Loading charts...
Drawdown Indicators
| SYBD.DE | VECA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -8.72% | -17.21% | +8.49% |
Max Drawdown (1Y)Largest decline over 1 year | -0.92% | -2.63% | +1.71% |
Max Drawdown (3Y)Largest decline over 3 years | -1.76% | -2.63% | +0.87% |
Max Drawdown (5Y)Largest decline over 5 years | -4.96% | -17.21% | +12.25% |
Max Drawdown (10Y)Largest decline over 10 years | -8.72% | — | — |
Current DrawdownCurrent decline from peak | -0.27% | -0.99% | +0.72% |
Average DrawdownAverage peak-to-trough decline | -0.72% | -5.14% | +4.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.24% | 0.77% | -0.53% |
Volatility
SYBD.DE vs. VECA.DE - Volatility Comparison
The current volatility for SPDR Bloomberg 0-3 Year Corporate Bond UCITS ETF (SYBD.DE) is 0.91%, while Vanguard EUR Corporate Bond UCITS ETF Accumulating (VECA.DE) has a volatility of 1.20%. This indicates that SYBD.DE experiences smaller price fluctuations and is considered to be less risky than VECA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SYBD.DE | VECA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.91% | 1.20% | -0.29% |
Volatility (6M)Calculated over the trailing 6-month period | 2.04% | 2.78% | -0.74% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.16% | 3.22% | -1.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.19% | 4.48% | -2.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.08% | 4.72% | -1.64% |
SYBD.DE vs. VECA.DE - Expense Ratio Comparison
SYBD.DE has a 0.20% expense ratio, which is higher than VECA.DE'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%.
Dividends
SYBD.DE vs. VECA.DE - Dividend Comparison
SYBD.DE's dividend yield for the trailing twelve months is around 2.96%, while VECA.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SYBD.DE SPDR Bloomberg 0-3 Year Corporate Bond UCITS ETF | 2.96% | 3.05% | 2.59% | 1.27% | 0.19% | 0.30% | 0.24% | 0.25% | 0.11% | 0.28% | 0.50% | 0.72% |
VECA.DE Vanguard EUR Corporate 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
SYBD.DE and VECA.DE have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VECA.DE is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VECA.DE is cheaper with a 0.09% expense ratio, compared with 0.20% for SYBD.DE.
SYBD.DE tracks Bloomberg Euro Corporate Bond 0-3, while VECA.DE tracks Bloomberg Euro Corp TR EUR. They also come from different issuers: State Street and Vanguard. Their fees differ too: 0.20% for SYBD.DE and 0.09% for VECA.DE.
Find the right allocation for SYBD.DE and VECA.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