VAGE.DE vs. AEGE.DE
VAGE.DE (Vanguard Global Aggregate Bond UCITS ETF (EUR Hedged) Dist) and AEGE.DE (iShares Global Aggregate Bond ESG UCITS ETF (EUR Hedged) Acc) are both Global Bonds funds - VAGE.DE tracks the Bloomberg Global Aggregate Float Adjusted and Scaled (EUR Hedged) while AEGE.DE tracks the Bloomberg MSCI Global Aggregate Sustainable and Green Bond SRI (EUR Hedged). Both are passively managed. Over the past 3 years, VAGE.DE returned 2.06%/yr vs 2.11%/yr for AEGE.DE. Their correlation of 0.88 suggests significant overlap in exposure. Both charge a 0.10% expense ratio.
Performance
VAGE.DE vs. AEGE.DE - Performance Comparison
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Returns By Period
In the year-to-date period, VAGE.DE achieves a -0.58% return, which is significantly lower than AEGE.DE's -0.17% return.
VAGE.DE
- 1D
- 0.10%
- 1M
- 0.16%
- YTD
- -0.58%
- 6M
- -0.57%
- 1Y
- 1.21%
- 3Y*
- 2.06%
- 5Y*
- -1.65%
- 10Y*
- —
AEGE.DE
- 1D
- 0.20%
- 1M
- 0.04%
- YTD
- -0.17%
- 6M
- -0.24%
- 1Y
- 1.07%
- 3Y*
- 2.11%
- 5Y*
- —
- 10Y*
- —
VAGE.DE vs. AEGE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
VAGE.DE Vanguard Global Aggregate Bond UCITS ETF (EUR Hedged) Dist | -0.58% | 3.25% | 0.73% | 4.48% | -14.75% | -1.52% |
AEGE.DE iShares Global Aggregate Bond ESG UCITS ETF (EUR Hedged) Acc | -0.17% | 2.29% | 1.46% | 4.27% | -13.83% | -1.57% |
Correlation
The correlation between VAGE.DE and AEGE.DE is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.81 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.86 |
Correlation (All Time) Calculated using the full available price history since Aug 30, 2021 | 0.88 |
The correlation between VAGE.DE and AEGE.DE has been stable across timeframes, ranging from 0.81 to 0.88 - a consistent structural relationship.
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Return for Risk
VAGE.DE vs. AEGE.DE — Risk / Return Rank
VAGE.DE
AEGE.DE
VAGE.DE vs. AEGE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Global Aggregate Bond UCITS ETF (EUR Hedged) Dist (VAGE.DE) and iShares Global Aggregate Bond ESG UCITS ETF (EUR Hedged) Acc (AEGE.DE). 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.
| VAGE.DE | AEGE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.04 | ||
| Sortino ratioReturn per unit of downside risk | +0.05 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.05 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 0.38 | 0.38 | 0.00 |
| Martin ratioReturn relative to average drawdown | 1.08 | 1.07 | +0.01 |
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
| VAGE.DE | AEGE.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.34 | 0.30 | +0.04 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.35 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.19 | -0.38 | +0.19 |
Drawdowns
VAGE.DE vs. AEGE.DE - Drawdown Comparison
The maximum VAGE.DE drawdown since its inception was -19.43%, which is greater than AEGE.DE's maximum drawdown of -17.22%. Use the drawdown chart below to compare losses from any high point for VAGE.DE and AEGE.DE.
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Drawdown Indicators
| VAGE.DE | AEGE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.43% | -17.22% | -2.21% |
Max Drawdown (1Y)Largest decline over 1 year | -3.14% | -2.76% | -0.38% |
Max Drawdown (3Y)Largest decline over 3 years | -4.34% | -3.98% | -0.36% |
Max Drawdown (5Y)Largest decline over 5 years | -18.63% | — | — |
Current DrawdownCurrent decline from peak | -10.62% | -8.37% | -2.25% |
Average DrawdownAverage peak-to-trough decline | -8.88% | -10.26% | +1.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.12% | 0.99% | +0.13% |
Volatility
VAGE.DE vs. AEGE.DE - Volatility Comparison
The current volatility for Vanguard Global Aggregate Bond UCITS ETF (EUR Hedged) Dist (VAGE.DE) is 1.42%, while iShares Global Aggregate Bond ESG UCITS ETF (EUR Hedged) Acc (AEGE.DE) has a volatility of 1.77%. This indicates that VAGE.DE experiences smaller price fluctuations and is considered to be less risky than AEGE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VAGE.DE | AEGE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.42% | 1.77% | -0.35% |
Volatility (6M)Calculated over the trailing 6-month period | 2.96% | 3.00% | -0.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.57% | 3.52% | +0.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.69% | 4.78% | -0.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.49% | 4.78% | -0.29% |
VAGE.DE vs. AEGE.DE - Expense Ratio Comparison
Both VAGE.DE and AEGE.DE have an expense ratio of 0.10%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
VAGE.DE vs. AEGE.DE - Dividend Comparison
VAGE.DE's dividend yield for the trailing twelve months is around 3.60%, while AEGE.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
AEGE.DE iShares Global Aggregate Bond ESG UCITS ETF (EUR Hedged) Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VAGE.DE Vanguard Global Aggregate Bond UCITS ETF (EUR Hedged) Dist | 3.60% | 3.51% | 3.13% | 2.39% | 1.47% | 0.87% | 1.20% | 0.60% |
Frequently Asked Questions
VAGE.DE and AEGE.DE have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.10% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
VAGE.DE and AEGE.DE have the same expense ratio: 0.10% per year.
VAGE.DE tracks Bloomberg Global Aggregate Float Adjusted and Scaled (EUR Hedged), while AEGE.DE tracks Bloomberg MSCI Global Aggregate Sustainable and Green Bond SRI (EUR Hedged). They also come from different issuers: Vanguard and iShares.
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