UB82.L vs. VUTA.L

Last updated Jun 26, 2026

UB82.L (UBS ETF (LU) Bloomberg US 7-10 Year Treasury Bond UCITS ETF (USD) A-dis) and VUTA.L (Vanguard USD Treasury Bond UCITS ETF Accumulating) are both Government Bonds funds - UB82.L tracks the Bloomberg US 7-10 Year Treasury Bond Index while VUTA.L tracks the Bloomberg Global Aggregate US Treasury Float Adjusted Index. Both are passively managed. Over the past 5 years, UB82.L returned -0.10%/yr vs 0.70%/yr for VUTA.L. With a 0.97 correlation, they move nearly in lockstep. Both charge a 0.05% expense ratio.

Performance

UB82.L vs. VUTA.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in UBS ETF (LU) Bloomberg US 7-10 Year Treasury Bond UCITS ETF (USD) A-dis (UB82.L) and Vanguard USD Treasury Bond UCITS ETF Accumulating (VUTA.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

UB82.L is traded in GBp, while VUTA.L is traded in GBP. To make them comparable, the VUTA.L values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, UB82.L achieves a 2.02% return, which is significantly lower than VUTA.L's 2.37% return.

UB82.L

• 1D: -0.20%
• 1M: 2.27%
• YTD: 2.02%
• 6M: 2.75%
• 1Y: 5.88%
• 3Y*: 1.22%
• 5Y*: -0.10%
• 10Y*: 0.43%

VUTA.L

• 1D: -0.19%
• 1M: 2.78%
• YTD: 2.37%
• 6M: 2.99%
• 1Y: 6.76%
• 3Y*: 1.73%
• 5Y*: 0.70%
• 10Y*: —

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

UB82.L vs. VUTA.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
UB82.L UBS ETF (LU) Bloomberg US 7-10 Year Treasury Bond UCITS ETF (USD) A-dis	2.02%	-0.40%	1.34%	-2.28%	-4.86%	-1.84%	5.95%	5.81%
VUTA.L Vanguard USD Treasury Bond UCITS ETF Accumulating	2.37%	-1.12%	2.51%	-1.91%	-1.88%	-1.09%	3.97%	-19.38%

Correlation

The correlation between UB82.L and VUTA.L is 0.96 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.96
Correlation (3Y) Calculated over the trailing 3-year period	0.96
Correlation (5Y) Calculated over the trailing 5-year period	0.97
Correlation (All Time) Calculated using the full available price history since Feb 19, 2019	0.97

The correlation between UB82.L and VUTA.L has been stable across timeframes, ranging from 0.96 to 0.97 - a consistent structural relationship.

Return for Risk

UB82.L vs. VUTA.L — Risk / Return Rank

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

UB82.L

UB82.L Risk / Return Rank: 27
UB82.L Sharpe Ratio Rank: 29
UB82.L Sortino Ratio Rank: 29
UB82.L Omega Ratio Rank: 26
UB82.L Calmar Ratio Rank: 26
UB82.L Martin Ratio Rank: 24

VUTA.L

VUTA.L Risk / Return Rank: 31
VUTA.L Sharpe Ratio Rank: 34
VUTA.L Sortino Ratio Rank: 35
VUTA.L Omega Ratio Rank: 31
VUTA.L Calmar Ratio Rank: 28
VUTA.L Martin Ratio Rank: 25

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.

UB82.L vs. VUTA.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for UBS ETF (LU) Bloomberg US 7-10 Year Treasury Bond UCITS ETF (USD) A-dis (UB82.L) and Vanguard USD Treasury Bond UCITS ETF Accumulating (VUTA.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.

	UB82.L	VUTA.L	Difference
Sharpe ratio: Return per unit of total volatility	0.98	1.11	-0.13
Sortino ratio: Return per unit of downside risk	1.50	1.71	-0.21
Omega ratio: Gain probability vs. loss probability	1.17	1.20	-0.03
Calmar ratio: Return relative to maximum drawdown	1.21	1.30	-0.09
Martin ratio: Return relative to average drawdown	2.94	3.06	-0.11

UB82.L vs. VUTA.L - Sharpe Ratio Comparison

The current UB82.L Sharpe Ratio is 0.98, which is comparable to the VUTA.L Sharpe Ratio of 1.11. The chart below compares the historical Sharpe Ratios of UB82.L and VUTA.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

UB82.L vs. VUTA.L - Drawdown Comparison

The maximum UB82.L drawdown since its inception was -44.55%, which is greater than VUTA.L's maximum drawdown of -25.05%. Use the drawdown chart below to compare losses from any high point for UB82.L and VUTA.L.

Drawdown Indicators

	UB82.L	VUTA.L	Difference
Max Drawdown Largest peak-to-trough decline	-44.55%	-25.05%	-19.50%
Max Drawdown (1Y) Largest decline over 1 year	-4.86%	-5.19%	+0.33%
Max Drawdown (3Y) Largest decline over 3 years	-7.79%	-21.06%	+13.27%
Max Drawdown (5Y) Largest decline over 5 years	-16.40%	-21.06%	+4.66%
Max Drawdown (10Y) Largest decline over 10 years	-27.42%	—	—
Current Drawdown Current decline from peak	-21.47%	-17.20%	-4.27%
Average Drawdown Average peak-to-trough decline	-23.84%	-17.91%	-5.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.99%	2.20%	-0.21%

Volatility

UB82.L vs. VUTA.L - Volatility Comparison

The current volatility for UBS ETF (LU) Bloomberg US 7-10 Year Treasury Bond UCITS ETF (USD) A-dis (UB82.L) is 1.51%, while Vanguard USD Treasury Bond UCITS ETF Accumulating (VUTA.L) has a volatility of 1.69%. This indicates that UB82.L experiences smaller price fluctuations and is considered to be less risky than VUTA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	UB82.L	VUTA.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.51%	1.69%	-0.18%
Volatility (6M) Calculated over the trailing 6-month period	4.38%	4.48%	-0.10%
Volatility (1Y) Calculated over the trailing 1-year period	5.96%	6.05%	-0.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.43%	16.63%	-7.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.06%	17.31%	-7.25%

UB82.L vs. VUTA.L - Expense Ratio Comparison

Both UB82.L and VUTA.L have an expense ratio of 0.05%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

UB82.L vs. VUTA.L - Dividend Comparison

UB82.L's dividend yield for the trailing twelve months is around 3.04%, while VUTA.L has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
UB82.L UBS ETF (LU) Bloomberg US 7-10 Year Treasury Bond UCITS ETF (USD) A-dis	3.04%	2.20%	2.49%	2.80%	1.34%	1.02%	1.82%	1.98%	2.70%	1.92%	0.84%	0.83%
VUTA.L 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

Can I hold both UB82.L and VUTA.L in my portfolio?

With a correlation of 0.96, UB82.L and VUTA.L move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, UB82.L or VUTA.L?

Both ETFs have the same 0.05% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, UB82.L or VUTA.L?

UB82.L and VUTA.L have the same expense ratio: 0.05% per year.

What is the main difference between UB82.L and VUTA.L?

UB82.L tracks Bloomberg US 7-10 Year Treasury Bond Index, while VUTA.L tracks Bloomberg Global Aggregate US Treasury Float Adjusted Index. They also come from different issuers: UBS and Vanguard.