V3GU.L vs. BTC-USD
V3GU.L (Vanguard ESG Global Corporate Bond UCITS ETF USD Hedged Accumulating) is Global Corporate Bonds fund tracking the Bloomberg Gbl Agg Corp 0901 TR Hdg USD, while BTC-USD (Bitcoin) is a cryptocurrency. Over the past 3 years, V3GU.L returned 5.68%/yr vs 35.01%/yr for BTC-USD. At a 0.03 correlation, their price movements are largely independent.
Performance
V3GU.L vs. BTC-USD - Performance Comparison
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Returns By Period
In the year-to-date period, V3GU.L achieves a 0.61% return, which is significantly higher than BTC-USD's -27.60% return.
V3GU.L
- 1D
- 0.21%
- 1M
- 0.76%
- YTD
- 0.61%
- 6M
- 0.82%
- 1Y
- 4.54%
- 3Y*
- 5.68%
- 5Y*
- —
- 10Y*
- —
BTC-USD
- 1D
- -1.08%
- 1M
- -21.71%
- YTD
- -27.60%
- 6M
- -31.22%
- 1Y
- -39.53%
- 3Y*
- 35.01%
- 5Y*
- 12.25%
- 10Y*
- 59.71%
V3GU.L vs. BTC-USD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
V3GU.L Vanguard ESG Global Corporate Bond UCITS ETF USD Hedged Accumulating | 0.61% | 6.28% | 3.97% | 8.61% | -13.25% | -0.93% |
BTC-USD Bitcoin | -27.60% | -6.27% | 120.76% | 155.82% | -64.23% | -3.39% |
Correlation
The correlation between V3GU.L and BTC-USD is 0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.09 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.01 |
Correlation (All Time) Calculated using the full available price history since Aug 14, 2021 | 0.03 |
The correlation between V3GU.L and BTC-USD shifts across timeframes, from -0.01 (3 years) to 0.09 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
V3GU.L vs. BTC-USD — Risk / Return Rank
V3GU.L
BTC-USD
V3GU.L vs. BTC-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard ESG Global Corporate Bond UCITS ETF USD Hedged Accumulating (V3GU.L) and Bitcoin (BTC-USD). 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.
| V3GU.L | BTC-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.12 | ||
| Sortino ratioReturn per unit of downside risk | +3.06 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 0.87 | +0.35 |
| Calmar ratioReturn relative to maximum drawdown | 1.68 | -0.80 | +2.48 |
| Martin ratioReturn relative to average drawdown | 5.86 | -1.39 | +7.26 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| V3GU.L | BTC-USD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.19 | -0.92 | +2.12 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.23 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.88 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.14 | 1.13 | -0.98 |
Drawdowns
V3GU.L vs. BTC-USD - Drawdown Comparison
The maximum V3GU.L drawdown since its inception was -18.89%, smaller than the maximum BTC-USD drawdown of -85.30%. Use the drawdown chart below to compare losses from any high point for V3GU.L and BTC-USD.
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Drawdown Indicators
| V3GU.L | BTC-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.89% | -85.30% | +66.41% |
Max Drawdown (1Y)Largest decline over 1 year | -2.69% | -49.65% | +46.96% |
Max Drawdown (3Y)Largest decline over 3 years | -3.67% | -49.65% | +45.98% |
Max Drawdown (5Y)Largest decline over 5 years | — | -76.67% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -83.80% | — |
Current DrawdownCurrent decline from peak | -0.58% | -49.21% | +48.63% |
Average DrawdownAverage peak-to-trough decline | -6.79% | -42.28% | +35.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.77% | 33.87% | -33.10% |
Volatility
V3GU.L vs. BTC-USD - Volatility Comparison
The current volatility for Vanguard ESG Global Corporate Bond UCITS ETF USD Hedged Accumulating (V3GU.L) is 1.45%, while Bitcoin (BTC-USD) has a volatility of 10.14%. This indicates that V3GU.L experiences smaller price fluctuations and is considered to be less risky than BTC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| V3GU.L | BTC-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.45% | 10.14% | -8.69% |
Volatility (6M)Calculated over the trailing 6-month period | 2.97% | 34.17% | -31.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.80% | 35.51% | -31.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.13% | 44.98% | -38.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.13% | 56.69% | -50.56% |
Frequently Asked Questions
V3GU.L and BTC-USD have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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