UCRD vs. VTC

Last updated Jun 4, 2026

UCRD (VictoryShares ESG Corporate Bond ETF) and VTC (Vanguard Total Corporate Bond ETF) are both Corporate Bonds funds. UCRD is actively managed, while VTC is passively managed. Over the past 3 years, UCRD returned 5.64%/yr vs 5.22%/yr for VTC. Their correlation of 0.89 suggests significant overlap in exposure. UCRD charges 0.40%/yr vs 0.04%/yr for VTC.

Performance

UCRD vs. VTC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VictoryShares ESG Corporate Bond ETF (UCRD) and Vanguard Total Corporate Bond ETF (VTC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, UCRD achieves a 0.51% return, which is significantly lower than VTC's 0.60% return.

UCRD

• 1D: -0.21%
• 1M: 0.46%
• YTD: 0.51%
• 6M: 0.37%
• 1Y: 6.14%
• 3Y*: 5.64%
• 5Y*: —
• 10Y*: —

VTC

• 1D: -0.22%
• 1M: 0.63%
• YTD: 0.60%
• 6M: 0.33%
• 1Y: 5.99%
• 3Y*: 5.22%
• 5Y*: 0.51%
• 10Y*: —

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

UCRD vs. VTC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
UCRD VictoryShares ESG Corporate Bond ETF	0.51%	7.90%	2.68%	9.27%	-17.13%	0.30%
VTC Vanguard Total Corporate Bond ETF	0.60%	7.58%	2.15%	8.58%	-15.68%	0.06%

Correlation

The correlation between UCRD and VTC is 0.98 - 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	0.98
Correlation (3Y) Calculated over the trailing 3-year period	0.97
Correlation (All Time) Calculated using the full available price history since Oct 6, 2021	0.89

The correlation between UCRD and VTC has been stable across timeframes, ranging from 0.89 to 0.98 - a consistent structural relationship.

Return for Risk

UCRD vs. VTC — Risk / Return Rank

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

UCRD

UCRD Risk / Return Rank: 41
UCRD Sharpe Ratio Rank: 41
UCRD Sortino Ratio Rank: 42
UCRD Omega Ratio Rank: 39
UCRD Calmar Ratio Rank: 43
UCRD Martin Ratio Rank: 42

VTC

VTC Risk / Return Rank: 39
VTC Sharpe Ratio Rank: 38
VTC Sortino Ratio Rank: 38
VTC Omega Ratio Rank: 35
VTC Calmar Ratio Rank: 41
VTC Martin Ratio Rank: 41

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.

UCRD vs. VTC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VictoryShares ESG Corporate Bond ETF (UCRD) and Vanguard Total Corporate Bond ETF (VTC). 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.

	UCRD	VTC	Difference
Sharpe ratio: Return per unit of total volatility	1.43	1.38	+0.05
Sortino ratio: Return per unit of downside risk	2.10	2.02	+0.08
Omega ratio: Gain probability vs. loss probability	1.25	1.24	+0.01
Calmar ratio: Return relative to maximum drawdown	2.13	2.09	+0.04
Martin ratio: Return relative to average drawdown	6.62	6.63	-0.01
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

UCRD vs. VTC - Sharpe Ratio Comparison

The current UCRD Sharpe Ratio is 1.43, which is comparable to the VTC Sharpe Ratio of 1.38. The chart below compares the historical Sharpe Ratios of UCRD and VTC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	UCRD	VTC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.43	1.38	+0.05
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.07	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.03	0.32	-0.29

Drawdowns

UCRD vs. VTC - Drawdown Comparison

The maximum UCRD drawdown since its inception was -22.37%, roughly equal to the maximum VTC drawdown of -22.05%. Use the drawdown chart below to compare losses from any high point for UCRD and VTC.

Drawdown Indicators

	UCRD	VTC	Difference
Max Drawdown Largest peak-to-trough decline	-22.37%	-22.05%	-0.32%
Max Drawdown (1Y) Largest decline over 1 year	-2.90%	-2.88%	-0.02%
Max Drawdown (3Y) Largest decline over 3 years	-6.54%	-6.46%	-0.08%
Max Drawdown (5Y) Largest decline over 5 years	—	-22.05%	—
Current Drawdown Current decline from peak	-1.13%	-0.99%	-0.14%
Average Drawdown Average peak-to-trough decline	-8.41%	-5.84%	-2.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.93%	0.90%	+0.03%

Volatility

UCRD vs. VTC - Volatility Comparison

VictoryShares ESG Corporate Bond ETF (UCRD) and Vanguard Total Corporate Bond ETF (VTC) have volatilities of 1.46% and 1.43%, 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.

Volatility by Period

	UCRD	VTC	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.46%	1.43%	+0.03%
Volatility (6M) Calculated over the trailing 6-month period	3.22%	3.22%	0.00%
Volatility (1Y) Calculated over the trailing 1-year period	4.32%	4.37%	-0.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.56%	7.08%	+0.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.56%	7.68%	-0.12%

UCRD vs. VTC - Expense Ratio Comparison

UCRD has a 0.40% expense ratio, which is higher than VTC's 0.04% expense ratio.

Dividends

UCRD vs. VTC - Dividend Comparison

UCRD's dividend yield for the trailing twelve months is around 4.18%, less than VTC's 4.93% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
UCRD VictoryShares ESG Corporate Bond ETF	4.18%	4.05%	4.00%	3.56%	2.72%	0.54%	0.00%	0.00%	0.00%	0.00%
VTC Vanguard Total Corporate Bond ETF	4.93%	4.76%	4.50%	3.80%	3.13%	2.36%	2.69%	3.34%	3.53%	0.55%

Frequently Asked Questions

Can I hold both UCRD and VTC in my portfolio?

With a correlation of 0.98, UCRD and VTC 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 is riskier, UCRD or VTC?

UCRD has higher volatility (1.46%) compared to VTC (1.43%). In terms of maximum drawdown, UCRD dropped -22.37% vs VTC's -22.05%.

Which ETF is better, UCRD or VTC?

On 3-year performance, UCRD leads with 5.64% vs 5.22% for VTC. On fees, VTC is cheaper at 0.04% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, UCRD or VTC?

Over the 3-year period, UCRD has performed better with a 5.64% return vs 5.22%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, UCRD or VTC?

VTC is cheaper with a 0.04% expense ratio, compared with 0.40% for UCRD.

Which ETF pays a higher dividend yield, UCRD or VTC?

VTC has the higher dividend yield at 4.93%, compared with 4.18% for UCRD.

What is the main difference between UCRD and VTC?

They also come from different issuers: Victory and Vanguard. Their fees differ too: 0.40% for UCRD and 0.04% for VTC.

Which has better risk-adjusted returns?

UCRD currently has the higher Sharpe Ratio (1.43 vs 1.38), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.