V3GP.L vs. VTHRX

Last updated Jun 14, 2026

V3GP.L (Vanguard ESG Global Corporate Bond UCITS ETF GBP Hedged Distributing) and VTHRX (Vanguard Target Retirement 2030 Fund) are both funds - V3GP.L is a Global Corporate Bonds fund tracking the Bloomberg Gbl Agg Corp TR Hdg GBP, while VTHRX is a Target Retirement Date fund managed by Vanguard. Over the past 5 years, V3GP.L returned 0.39%/yr vs 7.64%/yr for VTHRX. At a 0.16 correlation, their price movements are largely independent. V3GP.L charges 0.15%/yr vs 0.08%/yr for VTHRX.

Performance

V3GP.L vs. VTHRX - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Vanguard ESG Global Corporate Bond UCITS ETF GBP Hedged Distributing (V3GP.L) and Vanguard Target Retirement 2030 Fund (VTHRX). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

V3GP.L is traded in GBP, while VTHRX is traded in USD. To make them comparable, the VTHRX values have been converted to GBP using the latest available exchange rates.

Returns By Period

In the year-to-date period, V3GP.L achieves a 0.64% return, which is significantly lower than VTHRX's 6.97% return.

V3GP.L

• 1D: 0.23%
• 1M: 0.61%
• YTD: 0.64%
• 6M: 1.44%
• 1Y: 4.43%
• 3Y*: 5.47%
• 5Y*: 0.39%
• 10Y*: —

VTHRX

• 1D: 1.27%
• 1M: -0.13%
• YTD: 6.97%
• 6M: 6.81%
• 1Y: 18.92%
• 3Y*: 11.04%
• 5Y*: 7.64%
• 10Y*: 9.52%

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

V3GP.L vs. VTHRX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
V3GP.L Vanguard ESG Global Corporate Bond UCITS ETF GBP Hedged Distributing	0.64%	6.28%	3.50%	7.55%	-14.46%	1.52%
VTHRX Vanguard Target Retirement 2030 Fund	6.97%	7.97%	12.36%	10.43%	-6.33%	10.92%

Correlation

The correlation between V3GP.L and VTHRX is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.25
Correlation (3Y) Calculated over the trailing 3-year period	0.17
Correlation (5Y) Calculated over the trailing 5-year period	0.16
Correlation (All Time) Calculated using the full available price history since May 20, 2021	0.16

Return for Risk

V3GP.L vs. VTHRX — Risk / Return Rank

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

V3GP.L

V3GP.L Risk / Return Rank: 36
V3GP.L Sharpe Ratio Rank: 35
V3GP.L Sortino Ratio Rank: 34
V3GP.L Omega Ratio Rank: 37
V3GP.L Calmar Ratio Rank: 36
V3GP.L Martin Ratio Rank: 38

VTHRX

VTHRX Risk / Return Rank: 73
VTHRX Sharpe Ratio Rank: 73
VTHRX Sortino Ratio Rank: 73
VTHRX Omega Ratio Rank: 73
VTHRX Calmar Ratio Rank: 69
VTHRX Martin Ratio Rank: 76

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.

V3GP.L vs. VTHRX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard ESG Global Corporate Bond UCITS ETF GBP Hedged Distributing (V3GP.L) and Vanguard Target Retirement 2030 Fund (VTHRX). 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.

	V3GP.L	VTHRX	Difference
Sharpe ratio: Return per unit of total volatility	1.12	2.32	-1.20
Sortino ratio: Return per unit of downside risk	1.61	3.14	-1.53
Omega ratio: Gain probability vs. loss probability	1.22	1.45	-0.23
Calmar ratio: Return relative to maximum drawdown	1.61	3.75	-2.14
Martin ratio: Return relative to average drawdown	5.27	13.50	-8.23

V3GP.L vs. VTHRX - Sharpe Ratio Comparison

The current V3GP.L Sharpe Ratio is 1.12, which is lower than the VTHRX Sharpe Ratio of 2.32. The chart below compares the historical Sharpe Ratios of V3GP.L and VTHRX, 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

V3GP.L vs. VTHRX - Drawdown Comparison

The maximum V3GP.L drawdown since its inception was -20.08%, smaller than the maximum VTHRX drawdown of -26.52%. Use the drawdown chart below to compare losses from any high point for V3GP.L and VTHRX.

Drawdown Indicators

	V3GP.L	VTHRX	Difference
Max Drawdown Largest peak-to-trough decline	-20.08%	-26.52%	+6.44%
Max Drawdown (1Y) Largest decline over 1 year	-2.60%	-4.86%	+2.26%
Max Drawdown (3Y) Largest decline over 3 years	-3.67%	-12.88%	+9.21%
Max Drawdown (5Y) Largest decline over 5 years	-20.08%	-12.88%	-7.20%
Max Drawdown (10Y) Largest decline over 10 years	—	-17.59%	—
Current Drawdown Current decline from peak	-0.52%	-1.07%	+0.55%
Average Drawdown Average peak-to-trough decline	-7.69%	-3.80%	-3.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.79%	1.35%	-0.56%

Volatility

V3GP.L vs. VTHRX - Volatility Comparison

The current volatility for Vanguard ESG Global Corporate Bond UCITS ETF GBP Hedged Distributing (V3GP.L) is 1.38%, while Vanguard Target Retirement 2030 Fund (VTHRX) has a volatility of 2.95%. This indicates that V3GP.L experiences smaller price fluctuations and is considered to be less risky than VTHRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	V3GP.L	VTHRX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.38%	2.95%	-1.57%
Volatility (6M) Calculated over the trailing 6-month period	2.84%	6.14%	-3.30%
Volatility (1Y) Calculated over the trailing 1-year period	3.73%	7.85%	-4.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.54%	9.56%	-4.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.52%	11.81%	-6.29%

V3GP.L vs. VTHRX - Expense Ratio Comparison

V3GP.L has a 0.15% expense ratio, which is higher than VTHRX's 0.08% 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

V3GP.L vs. VTHRX - Dividend Comparison

V3GP.L's dividend yield for the trailing twelve months is around 4.36%, more than VTHRX's 3.78% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
V3GP.L Vanguard ESG Global Corporate Bond UCITS ETF GBP Hedged Distributing	4.36%	4.43%	4.36%	4.10%	2.48%	0.71%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VTHRX Vanguard Target Retirement 2030 Fund	3.78%	4.03%	3.63%	2.59%	2.53%	17.56%	2.56%	2.38%	2.71%	0.06%	2.38%	3.72%

Frequently Asked Questions

Can I hold both V3GP.L and VTHRX in my portfolio?

V3GP.L and VTHRX have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.