UNIY vs. VCRB

Last updated Jun 3, 2026

UNIY (WisdomTree Voya Yield Enchanced USD Universal Bond Fund) and VCRB (Vanguard Core Bond ETF) are both Intermediate Core Bond funds. UNIY is passively managed, while VCRB is actively managed. Over the past year, UNIY returned 5.73% vs 5.68% for VCRB. Their correlation of 0.95 suggests significant overlap in exposure. UNIY charges 0.15%/yr vs 0.10%/yr for VCRB.

Performance

UNIY vs. VCRB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Voya Yield Enchanced USD Universal Bond Fund (UNIY) and Vanguard Core Bond ETF (VCRB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with UNIY having a 0.62% return and VCRB slightly higher at 0.65%.

UNIY

• 1D: 0.04%
• 1M: 0.34%
• YTD: 0.62%
• 6M: 0.83%
• 1Y: 5.73%
• 3Y*: 4.58%
• 5Y*: —
• 10Y*: —

VCRB

• 1D: 0.04%
• 1M: 0.22%
• YTD: 0.65%
• 6M: 0.70%
• 1Y: 5.68%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

UNIY vs. VCRB - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
UNIY WisdomTree Voya Yield Enchanced USD Universal Bond Fund	0.62%	7.37%	1.86%	0.47%
VCRB Vanguard Core Bond ETF	0.65%	7.56%	2.21%	0.65%

Correlation

The correlation between UNIY and VCRB 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 (All Time) Calculated using the full available price history since Dec 15, 2023	0.95

The correlation between UNIY and VCRB has been stable across timeframes, ranging from 0.95 to 0.96 - a consistent structural relationship.

Return for Risk

UNIY vs. VCRB — Risk / Return Rank

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

UNIY

UNIY Risk / Return Rank: 43
UNIY Sharpe Ratio Rank: 44
UNIY Sortino Ratio Rank: 46
UNIY Omega Ratio Rank: 42
UNIY Calmar Ratio Rank: 43
UNIY Martin Ratio Rank: 42

VCRB

VCRB Risk / Return Rank: 42
VCRB Sharpe Ratio Rank: 44
VCRB Sortino Ratio Rank: 46
VCRB Omega Ratio Rank: 42
VCRB Calmar Ratio Rank: 41
VCRB Martin Ratio Rank: 39

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.

UNIY vs. VCRB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Voya Yield Enchanced USD Universal Bond Fund (UNIY) and Vanguard Core Bond ETF (VCRB). 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.

	UNIY	VCRB	Difference
Sharpe ratio Return per unit of total volatility	1.56	1.55	+0.01
Sortino ratio Return per unit of downside risk	2.33	2.31	+0.02
Omega ratio Gain probability vs. loss probability	1.28	1.27	0.00
Calmar ratio Return relative to maximum drawdown	2.19	2.09	+0.10
Martin ratio Return relative to average drawdown	6.87	6.30	+0.58
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

UNIY vs. VCRB - Sharpe Ratio Comparison

The current UNIY Sharpe Ratio is 1.56, which is comparable to the VCRB Sharpe Ratio of 1.55. The chart below compares the historical Sharpe Ratios of UNIY and VCRB, 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

	UNIY	VCRB	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.56	1.55	+0.01
Sharpe Ratio (All Time) Calculated using the full available price history	0.85	0.95	-0.10

Drawdowns

UNIY vs. VCRB - Drawdown Comparison

The maximum UNIY drawdown since its inception was -6.27%, which is greater than VCRB's maximum drawdown of -4.59%. Use the drawdown chart below to compare losses from any high point for UNIY and VCRB.

Drawdown Indicators

	UNIY	VCRB	Difference
Max Drawdown Largest peak-to-trough decline	-6.27%	-4.59%	-1.68%
Max Drawdown (1Y) Largest decline over 1 year	-2.53%	-2.63%	+0.10%
Max Drawdown (3Y) Largest decline over 3 years	-5.40%	—	—
Current Drawdown Current decline from peak	-0.97%	-1.22%	+0.25%
Average Drawdown Average peak-to-trough decline	-1.38%	-1.16%	-0.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.81%	0.87%	-0.06%

Volatility

UNIY vs. VCRB - Volatility Comparison

WisdomTree Voya Yield Enchanced USD Universal Bond Fund (UNIY) and Vanguard Core Bond ETF (VCRB) have volatilities of 1.27% and 1.21%, 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

	UNIY	VCRB	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.27%	1.21%	+0.06%
Volatility (6M) Calculated over the trailing 6-month period	2.73%	2.63%	+0.10%
Volatility (1Y) Calculated over the trailing 1-year period	3.69%	3.69%	0.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.85%	4.74%	+0.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.85%	4.74%	+0.11%

UNIY vs. VCRB - Expense Ratio Comparison

UNIY has a 0.15% expense ratio, which is higher than VCRB's 0.10% 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

UNIY vs. VCRB - Dividend Comparison

UNIY's dividend yield for the trailing twelve months is around 4.84%, more than VCRB's 4.59% yield.

Position	TTM	2025	2024	2023
UNIY WisdomTree Voya Yield Enchanced USD Universal Bond Fund	4.84%	4.95%	4.86%	3.99%
VCRB Vanguard Core Bond ETF	4.59%	4.55%	4.22%	0.16%

Frequently Asked Questions

Can I hold both UNIY and VCRB in my portfolio?

With a correlation of 0.96, UNIY and VCRB 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, UNIY or VCRB?

UNIY has higher volatility (1.27%) compared to VCRB (1.21%). In terms of maximum drawdown, UNIY dropped -6.27% vs VCRB's -4.59%.

Which ETF is better, UNIY or VCRB?

On 1-year performance, UNIY leads with 5.73% vs 5.68% for VCRB. On fees, VCRB is cheaper at 0.10% 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, UNIY or VCRB?

Over the 1-year period, UNIY has performed better with a 5.73% return vs 5.68%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, UNIY or VCRB?

VCRB is cheaper with a 0.10% expense ratio, compared with 0.15% for UNIY.

Which ETF pays a higher dividend yield, UNIY or VCRB?

UNIY has the higher dividend yield at 4.84%, compared with 4.59% for VCRB.

What is the main difference between UNIY and VCRB?

They also come from different issuers: WisdomTree and Vanguard. Their fees differ too: 0.15% for UNIY and 0.10% for VCRB.

Which has better risk-adjusted returns?

UNIY currently has the higher Sharpe Ratio (1.56 vs 1.55), 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.