V3GS.L vs. V3AB.L
Compare and contrast key facts about Vanguard ESG Global Corporate Bond UCITS ETF GBP Hedged Accumulating (V3GS.L) and Vanguard ESG Global All Cap UCITS ETF (USD) Accumulating (V3AB.L).
V3GS.L and V3AB.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. V3AB.L is a passively managed fund by Vanguard that tracks the performance of the MSCI ACWI NR USD. It was launched on Mar 23, 2021. Both V3GS.L and V3AB.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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: V3GS.L or V3AB.L.
Key characteristics
| V3GS.L | V3AB.L | |
|---|---|---|
| YTD Return | -0.81% | 8.57% |
| 1Y Return | 4.62% | 21.81% |
| Sharpe Ratio | 0.93 | 2.04 |
| Daily Std Dev | 5.25% | 10.62% |
| Max Drawdown | -20.17% | -17.30% |
| Current Drawdown | -10.26% | -0.12% |
Correlation
The correlation between V3GS.L and V3AB.L is 0.54, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
V3GS.L vs. V3AB.L - Performance Comparison
In the year-to-date period, V3GS.L achieves a -0.81% return, which is significantly lower than V3AB.L's 8.57% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
V3GS.L vs. V3AB.L - Expense Ratio Comparison
V3GS.L has a 0.15% expense ratio, which is lower than V3AB.L's 0.24% 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%.
Risk-Adjusted Performance
V3GS.L vs. V3AB.L - Risk-Adjusted Performance 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 Vanguard ESG Global All Cap UCITS ETF (USD) Accumulating (V3AB.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.
Dividends
V3GS.L vs. V3AB.L - Dividend Comparison
Neither V3GS.L nor V3AB.L has paid dividends to shareholders.
| TTM | 2023 | 2022 | |
|---|---|---|---|
V3GS.L Vanguard ESG Global Corporate Bond UCITS ETF GBP Hedged Accumulating | 0.00% | 0.00% | 0.00% |
V3AB.L Vanguard ESG Global All Cap UCITS ETF (USD) Accumulating | 0.00% | 0.00% | 1.91% |
Drawdowns
V3GS.L vs. V3AB.L - Drawdown Comparison
The maximum V3GS.L drawdown since its inception was -20.17%, which is greater than V3AB.L's maximum drawdown of -17.30%. Use the drawdown chart below to compare losses from any high point for V3GS.L and V3AB.L. For additional features, visit the drawdowns tool.
Volatility
V3GS.L vs. V3AB.L - Volatility Comparison
The current volatility for Vanguard ESG Global Corporate Bond UCITS ETF GBP Hedged Accumulating (V3GS.L) is 2.38%, while Vanguard ESG Global All Cap UCITS ETF (USD) Accumulating (V3AB.L) has a volatility of 4.56%. This indicates that V3GS.L experiences smaller price fluctuations and is considered to be less risky than V3AB.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.