V3GS.L vs. CRHG.L

Last updated Apr 2, 2026

Compare and contrast key facts about Vanguard ESG Global Corporate Bond UCITS ETF GBP Hedged Accumulating (V3GS.L) and iShares Global Corporate Bond UCITS ETF GBP Hedged (Dist) (CRHG.L).

V3GS.L and CRHG.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. V3GS.L is a passively managed fund by Vanguard that tracks the performance of the Bloomberg Gbl Agg Corp TR Hdg GBP. It was launched on May 20, 2021. CRHG.L is a passively managed fund by iShares that tracks the performance of the Bloomberg Gbl Agg Corp TR Hdg GBP. It was launched on Mar 20, 2018. Both V3GS.L and CRHG.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

V3GS.L vs. CRHG.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Vanguard ESG Global Corporate Bond UCITS ETF GBP Hedged Accumulating (V3GS.L) and iShares Global Corporate Bond UCITS ETF GBP Hedged (Dist) (CRHG.L). The values are adjusted to include any dividend payments, if applicable.

V3GS.L vs. CRHG.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
V3GS.L Vanguard ESG Global Corporate Bond UCITS ETF GBP Hedged Accumulating	-0.47%	6.49%	3.15%	7.67%	-14.59%	1.06%
CRHG.L iShares Global Corporate Bond UCITS ETF GBP Hedged (Dist)	-0.20%	5.84%	3.84%	7.67%	-15.04%	1.08%

Returns By Period

In the year-to-date period, V3GS.L achieves a -0.47% return, which is significantly lower than CRHG.L's -0.20% return.

V3GS.L

• 1D: 0.34%
• 1M: -1.29%
• YTD: -0.47%
• 6M: 0.28%
• 1Y: 4.08%
• 3Y*: 4.87%
• 5Y*: —
• 10Y*: —

CRHG.L

• 1D: 0.38%
• 1M: -1.13%
• YTD: -0.20%
• 6M: 0.48%
• 1Y: 4.45%
• 3Y*: 4.85%
• 5Y*: 0.39%
• 10Y*: —

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

V3GS.L vs. CRHG.L - Expense Ratio Comparison

V3GS.L has a 0.15% expense ratio, which is lower than CRHG.L's 0.25% 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%.

CRHG.L

iShares Global Corporate Bond UCITS ETF GBP Hedged (Dist)

V3GS.L

Vanguard ESG Global Corporate Bond UCITS ETF GBP Hedged Accumulating

Return for Risk

V3GS.L vs. CRHG.L — Risk / Return Rank

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

V3GS.L

V3GS.L Risk / Return Rank: 49
V3GS.L Sharpe Ratio Rank: 49
V3GS.L Sortino Ratio Rank: 45
V3GS.L Omega Ratio Rank: 43
V3GS.L Calmar Ratio Rank: 54
V3GS.L Martin Ratio Rank: 54

CRHG.L

CRHG.L Risk / Return Rank: 51
CRHG.L Sharpe Ratio Rank: 50
CRHG.L Sortino Ratio Rank: 46
CRHG.L Omega Ratio Rank: 43
CRHG.L Calmar Ratio Rank: 59
CRHG.L Martin Ratio Rank: 57

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.

V3GS.L vs. CRHG.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard ESG Global Corporate Bond UCITS ETF GBP Hedged Accumulating (V3GS.L) and iShares Global Corporate Bond UCITS ETF GBP Hedged (Dist) (CRHG.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.

	V3GS.L	CRHG.L	Difference
Sharpe ratio Return per unit of total volatility	0.95	0.97	-0.02
Sortino ratio Return per unit of downside risk	1.31	1.33	-0.02
Omega ratio Gain probability vs. loss probability	1.18	1.18	0.00
Calmar ratio Return relative to maximum drawdown	1.55	1.68	-0.13
Martin ratio Return relative to average drawdown	5.86	6.19	-0.33
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

V3GS.L vs. CRHG.L - Sharpe Ratio Comparison

The current V3GS.L Sharpe Ratio is 0.95, which is comparable to the CRHG.L Sharpe Ratio of 0.97. The chart below compares the historical Sharpe Ratios of V3GS.L and CRHG.L, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	V3GS.L	CRHG.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.95	0.97	-0.02
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.07	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.06	0.31	-0.25

Correlation

The correlation between V3GS.L and CRHG.L is 0.92, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

V3GS.L vs. CRHG.L - Dividend Comparison

V3GS.L has not paid dividends to shareholders, while CRHG.L's dividend yield for the trailing twelve months is around 4.13%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018
V3GS.L Vanguard ESG Global Corporate Bond UCITS ETF GBP Hedged Accumulating	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
CRHG.L iShares Global Corporate Bond UCITS ETF GBP Hedged (Dist)	4.13%	4.01%	3.76%	3.18%	2.70%	2.02%	2.27%	2.66%	1.27%

Drawdowns

V3GS.L vs. CRHG.L - Drawdown Comparison

The maximum V3GS.L drawdown since its inception was -20.17%, roughly equal to the maximum CRHG.L drawdown of -20.54%. Use the drawdown chart below to compare losses from any high point for V3GS.L and CRHG.L.

Drawdown Indicators

	V3GS.L	CRHG.L	Difference
Max Drawdown Largest peak-to-trough decline	-20.17%	-20.54%	+0.37%
Max Drawdown (1Y) Largest decline over 1 year	-2.61%	-2.71%	+0.10%
Max Drawdown (5Y) Largest decline over 5 years	—	-20.54%	—
Current Drawdown Current decline from peak	-1.69%	-1.66%	-0.03%
Average Drawdown Average peak-to-trough decline	-8.05%	-5.62%	-2.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.69%	0.73%	-0.04%

Volatility

V3GS.L vs. CRHG.L - Volatility Comparison

Vanguard ESG Global Corporate Bond UCITS ETF GBP Hedged Accumulating (V3GS.L) and iShares Global Corporate Bond UCITS ETF GBP Hedged (Dist) (CRHG.L) have volatilities of 1.85% and 1.77%, 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

	V3GS.L	CRHG.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.85%	1.77%	+0.08%
Volatility (6M) Calculated over the trailing 6-month period	2.62%	2.58%	+0.04%
Volatility (1Y) Calculated over the trailing 1-year period	4.29%	4.61%	-0.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.57%	5.62%	-0.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.57%	5.74%	-0.17%