UB74.L vs. VDCA.L
UB74.L (UBS ETF (LU) Bloomberg US 1-3 Year Treasury Bond UCITS ETF (USD) A-dis) and VDCA.L (Vanguard USD Corporate 1-3 Year Bond UCITS ETF USD Accumulation) are both exchange-traded funds - UB74.L is a Government Bonds fund tracking the Bloomberg US 1-3 Year Treasury Bond Index, while VDCA.L is a Short-Term Bond fund tracking the Bloomberg Global Aggregate Corporate - United States Dollar Index 1-3 Year. Both are passively managed. Over the past 5 years, UB74.L returned 2.93%/yr vs 3.71%/yr for VDCA.L. A 0.77 correlation means they provide meaningful diversification when combined. UB74.L charges 0.05%/yr vs 0.09%/yr for VDCA.L.
Performance
UB74.L vs. VDCA.L - Performance Comparison
Loading charts...
Different Trading Currencies
UB74.L is traded in GBp, while VDCA.L is traded in USD. To make them comparable, the VDCA.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, UB74.L achieves a 2.73% return, which is significantly lower than VDCA.L's 3.28% return.
UB74.L
- 1D
- 0.33%
- 1M
- 2.38%
- YTD
- 2.73%
- 6M
- 3.35%
- 1Y
- 6.60%
- 3Y*
- 2.98%
- 5Y*
- 2.93%
- 10Y*
- 2.01%
VDCA.L
- 1D
- 0.38%
- 1M
- 2.33%
- YTD
- 3.28%
- 6M
- 3.69%
- 1Y
- 7.35%
- 3Y*
- 4.17%
- 5Y*
- 3.71%
- 10Y*
- —
UB74.L vs. VDCA.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
UB74.L UBS ETF (LU) Bloomberg US 1-3 Year Treasury Bond UCITS ETF (USD) A-dis | 2.73% | -2.06% | 5.76% | -1.66% | 7.62% | 0.57% | -0.46% | 1.12% |
VDCA.L Vanguard USD Corporate 1-3 Year Bond UCITS ETF USD Accumulation | 3.28% | -1.68% | 7.40% | 0.12% | 7.63% | 0.73% | 0.52% | 2.98% |
Correlation
The correlation between UB74.L and VDCA.L is 0.75, 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 | 0.75 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.77 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.77 |
Correlation (All Time) Calculated using the full available price history since Feb 19, 2019 | 0.77 |
The correlation between UB74.L and VDCA.L has been stable across timeframes, ranging from 0.75 to 0.77 - 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
UB74.L vs. VDCA.L — Risk / Return Rank
UB74.L
VDCA.L
UB74.L vs. VDCA.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for UBS ETF (LU) Bloomberg US 1-3 Year Treasury Bond UCITS ETF (USD) A-dis (UB74.L) and Vanguard USD Corporate 1-3 Year Bond UCITS ETF USD Accumulation (VDCA.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| UB74.L | VDCA.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.04 | ||
| Sortino ratioReturn per unit of downside risk | -0.03 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.20 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.43 | 1.46 | -0.04 |
| Martin ratioReturn relative to average drawdown | 3.63 | 4.12 | -0.50 |
Loading charts...
Drawdowns
UB74.L vs. VDCA.L - Drawdown Comparison
The maximum UB74.L drawdown since its inception was -41.53%, which is greater than VDCA.L's maximum drawdown of -15.72%. Use the drawdown chart below to compare losses from any high point for UB74.L and VDCA.L.
Loading charts...
Drawdown Indicators
| UB74.L | VDCA.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.53% | -15.72% | -25.81% |
Max Drawdown (1Y)Largest decline over 1 year | -4.61% | -5.00% | +0.39% |
Max Drawdown (3Y)Largest decline over 3 years | -8.93% | -8.97% | +0.04% |
Max Drawdown (5Y)Largest decline over 5 years | -16.34% | -15.72% | -0.62% |
Max Drawdown (10Y)Largest decline over 10 years | -18.81% | — | — |
Current DrawdownCurrent decline from peak | -8.75% | -2.23% | -6.52% |
Average DrawdownAverage peak-to-trough decline | -21.38% | -6.89% | -14.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.81% | 1.78% | +0.03% |
Volatility
UB74.L vs. VDCA.L - Volatility Comparison
The current volatility for UBS ETF (LU) Bloomberg US 1-3 Year Treasury Bond UCITS ETF (USD) A-dis (UB74.L) is 1.53%, while Vanguard USD Corporate 1-3 Year Bond UCITS ETF USD Accumulation (VDCA.L) has a volatility of 1.80%. This indicates that UB74.L experiences smaller price fluctuations and is considered to be less risky than VDCA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| UB74.L | VDCA.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.53% | 1.80% | -0.27% |
Volatility (6M)Calculated over the trailing 6-month period | 4.53% | 5.14% | -0.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.22% | 6.59% | -0.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.07% | 8.28% | -0.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.76% | 8.88% | -0.12% |
UB74.L vs. VDCA.L - Expense Ratio Comparison
UB74.L has a 0.05% expense ratio, which is lower than VDCA.L's 0.09% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
UB74.L vs. VDCA.L - Dividend Comparison
UB74.L's dividend yield for the trailing twelve months is around 3.62%, while VDCA.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
UB74.L UBS ETF (LU) Bloomberg US 1-3 Year Treasury Bond UCITS ETF (USD) A-dis | 3.62% | 4.94% | 3.67% | 2.22% | 0.41% | 0.36% | 1.68% | 2.28% | 1.10% | 0.65% | 0.62% | 0.41% |
VDCA.L Vanguard USD Corporate 1-3 Year Bond UCITS ETF USD Accumulation | 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
UB74.L and VDCA.L have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, UB74.L is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
UB74.L is cheaper with a 0.05% expense ratio, compared with 0.09% for VDCA.L.
UB74.L is categorized as Government Bonds, while VDCA.L is Short-Term Bond. UB74.L tracks Bloomberg US 1-3 Year Treasury Bond Index, while VDCA.L tracks Bloomberg Global Aggregate Corporate - United States Dollar Index 1-3 Year. They also come from different issuers: UBS and Vanguard. Their fees differ too: 0.05% for UB74.L and 0.09% for VDCA.L.
Find the right allocation for UB74.L and VDCA.L
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