V3GU.L vs. MIELY

Last updated Jun 5, 2026

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 MIELY (Mitsubishi Electric Corp ADR) is a stock. Over the past 3 years, V3GU.L returned 5.68%/yr vs 40.05%/yr for MIELY. At a 0.17 correlation, their price movements are largely independent.

Performance

V3GU.L vs. MIELY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard ESG Global Corporate Bond UCITS ETF USD Hedged Accumulating (V3GU.L) and Mitsubishi Electric Corp ADR (MIELY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, V3GU.L achieves a 0.61% return, which is significantly lower than MIELY's 29.41% return.

V3GU.L

• 1D: 0.21%
• 1M: 0.76%
• YTD: 0.61%
• 6M: 0.82%
• 1Y: 4.54%
• 3Y*: 5.68%
• 5Y*: —
• 10Y*: —

MIELY

• 1D: -0.47%
• 1M: -3.51%
• YTD: 29.41%
• 6M: 31.13%
• 1Y: 81.43%
• 3Y*: 40.05%
• 5Y*: 18.34%
• 10Y*: 12.44%

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

V3GU.L vs. MIELY - 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%
MIELY Mitsubishi Electric Corp ADR	29.41%	73.08%	21.33%	42.15%	-22.04%	-7.30%

Correlation

The correlation between V3GU.L and MIELY is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.23
Correlation (3Y) Calculated over the trailing 3-year period	0.12
Correlation (All Time) Calculated using the full available price history since Aug 16, 2021	0.17

The correlation between V3GU.L and MIELY shifts across timeframes, from 0.12 (3 years) to 0.23 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

V3GU.L vs. MIELY — Risk / Return Rank

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

V3GU.L

V3GU.L Risk / Return Rank: 35
V3GU.L Sharpe Ratio Rank: 33
V3GU.L Sortino Ratio Rank: 34
V3GU.L Omega Ratio Rank: 33
V3GU.L Calmar Ratio Rank: 35
V3GU.L Martin Ratio Rank: 38

MIELY

MIELY Risk / Return Rank: 89
MIELY Sharpe Ratio Rank: 90
MIELY Sortino Ratio Rank: 89
MIELY Omega Ratio Rank: 86
MIELY Calmar Ratio Rank: 89
MIELY Martin Ratio Rank: 93

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.

V3GU.L vs. MIELY - 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 Mitsubishi Electric Corp ADR (MIELY). 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	MIELY	Difference
Sharpe ratio: Return per unit of total volatility	1.19	2.24	-1.04
Sortino ratio: Return per unit of downside risk	1.77	3.06	-1.30
Omega ratio: Gain probability vs. loss probability	1.21	1.38	-0.16
Calmar ratio: Return relative to maximum drawdown	1.68	4.29	-2.61
Martin ratio: Return relative to average drawdown	5.86	15.04	-9.18
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

V3GU.L vs. MIELY - Sharpe Ratio Comparison

The current V3GU.L Sharpe Ratio is 1.19, which is lower than the MIELY Sharpe Ratio of 2.24. The chart below compares the historical Sharpe Ratios of V3GU.L and MIELY, 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

	V3GU.L	MIELY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.19	2.24	-1.04
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.59	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.43	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.14	-0.03	+0.17

Drawdowns

V3GU.L vs. MIELY - Drawdown Comparison

The maximum V3GU.L drawdown since its inception was -18.89%, smaller than the maximum MIELY drawdown of -89.09%. Use the drawdown chart below to compare losses from any high point for V3GU.L and MIELY.

Drawdown Indicators

	V3GU.L	MIELY	Difference
Max Drawdown Largest peak-to-trough decline	-18.89%	-89.09%	+70.20%
Max Drawdown (1Y) Largest decline over 1 year	-2.69%	-19.08%	+16.39%
Max Drawdown (3Y) Largest decline over 3 years	-3.67%	-24.66%	+20.99%
Max Drawdown (5Y) Largest decline over 5 years	—	-47.41%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-55.76%	—
Current Drawdown Current decline from peak	-0.58%	-38.61%	+38.03%
Average Drawdown Average peak-to-trough decline	-6.79%	-69.47%	+62.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.77%	5.43%	-4.66%

Volatility

V3GU.L vs. MIELY - Volatility Comparison

The current volatility for Vanguard ESG Global Corporate Bond UCITS ETF USD Hedged Accumulating (V3GU.L) is 1.45%, while Mitsubishi Electric Corp ADR (MIELY) has a volatility of 12.72%. This indicates that V3GU.L experiences smaller price fluctuations and is considered to be less risky than MIELY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	V3GU.L	MIELY	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.45%	12.72%	-11.27%
Volatility (6M) Calculated over the trailing 6-month period	2.97%	29.81%	-26.84%
Volatility (1Y) Calculated over the trailing 1-year period	3.80%	36.60%	-32.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.13%	31.31%	-25.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.13%	29.06%	-22.93%

Dividends

V3GU.L vs. MIELY - Dividend Comparison

Neither V3GU.L nor MIELY has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
MIELY Mitsubishi Electric Corp ADR	0.00%	0.72%	0.79%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.98%	1.76%
V3GU.L Vanguard ESG Global Corporate Bond UCITS ETF USD Hedged Accumulating	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both V3GU.L and MIELY in my portfolio?

V3GU.L and MIELY have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.