VAGE.DE vs. IS3B.DE
VAGE.DE (Vanguard Global Aggregate Bond UCITS ETF (EUR Hedged) Dist) and IS3B.DE (iShares Euro Corporate Bond Financials UCITS ETF) are both exchange-traded funds - VAGE.DE is a Global Bonds fund tracking the Bloomberg Global Aggregate Float Adjusted and Scaled (EUR Hedged), while IS3B.DE is a European Corporate Bonds fund tracking the Bloomberg Euro Aggregate Financial. Both are passively managed. Over the past 5 years, VAGE.DE returned -1.65%/yr vs 0.42%/yr for IS3B.DE. A 0.61 correlation means they provide meaningful diversification when combined. VAGE.DE charges 0.10%/yr vs 0.20%/yr for IS3B.DE.
Performance
VAGE.DE vs. IS3B.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 IS3B.DE's 0.39% 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*
- —
IS3B.DE
- 1D
- 0.11%
- 1M
- 0.64%
- YTD
- 0.39%
- 6M
- 0.28%
- 1Y
- 1.99%
- 3Y*
- 5.22%
- 5Y*
- 0.42%
- 10Y*
- 1.25%
VAGE.DE vs. IS3B.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
VAGE.DE Vanguard Global Aggregate Bond UCITS ETF (EUR Hedged) Dist | -0.58% | 3.25% | 0.73% | 4.48% | -14.75% | -2.80% | 4.86% | 0.33% |
IS3B.DE iShares Euro Corporate Bond Financials UCITS ETF | 0.39% | 3.53% | 5.28% | 7.82% | -13.13% | -0.74% | 2.27% | 0.87% |
Correlation
The correlation between VAGE.DE and IS3B.DE is 0.66, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.66 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.71 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.71 |
Correlation (All Time) Calculated using the full available price history since Jun 21, 2019 | 0.61 |
The correlation between VAGE.DE and IS3B.DE has been stable across timeframes, ranging from 0.61 to 0.71 - a consistent structural relationship.
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Return for Risk
VAGE.DE vs. IS3B.DE — Risk / Return Rank
VAGE.DE
IS3B.DE
VAGE.DE vs. IS3B.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 Euro Corporate Bond Financials UCITS ETF (IS3B.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 | IS3B.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.24 | ||
| Sortino ratioReturn per unit of downside risk | -0.36 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.12 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 0.38 | 0.73 | -0.35 |
| Martin ratioReturn relative to average drawdown | 1.08 | 2.62 | -1.54 |
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 | IS3B.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.34 | 0.58 | -0.24 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.35 | 0.10 | -0.45 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.28 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.19 | 0.47 | -0.66 |
Drawdowns
VAGE.DE vs. IS3B.DE - Drawdown Comparison
The maximum VAGE.DE drawdown since its inception was -19.43%, which is greater than IS3B.DE's maximum drawdown of -17.06%. Use the drawdown chart below to compare losses from any high point for VAGE.DE and IS3B.DE.
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Drawdown Indicators
| VAGE.DE | IS3B.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.43% | -17.06% | -2.37% |
Max Drawdown (1Y)Largest decline over 1 year | -3.14% | -2.71% | -0.43% |
Max Drawdown (3Y)Largest decline over 3 years | -4.34% | -2.71% | -1.63% |
Max Drawdown (5Y)Largest decline over 5 years | -18.63% | -17.06% | -1.57% |
Max Drawdown (10Y)Largest decline over 10 years | — | -17.06% | — |
Current DrawdownCurrent decline from peak | -10.62% | -0.77% | -9.85% |
Average DrawdownAverage peak-to-trough decline | -8.88% | -2.97% | -5.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.12% | 0.76% | +0.36% |
Volatility
VAGE.DE vs. IS3B.DE - Volatility Comparison
Vanguard Global Aggregate Bond UCITS ETF (EUR Hedged) Dist (VAGE.DE) has a higher volatility of 1.42% compared to iShares Euro Corporate Bond Financials UCITS ETF (IS3B.DE) at 1.03%. This indicates that VAGE.DE's price experiences larger fluctuations and is considered to be riskier than IS3B.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 | IS3B.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.42% | 1.03% | +0.39% |
Volatility (6M)Calculated over the trailing 6-month period | 2.96% | 3.16% | -0.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.57% | 3.44% | +0.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.69% | 4.18% | +0.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.49% | 4.35% | +0.14% |
VAGE.DE vs. IS3B.DE - Expense Ratio Comparison
VAGE.DE has a 0.10% expense ratio, which is lower than IS3B.DE's 0.20% 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%.
Dividends
VAGE.DE vs. IS3B.DE - Dividend Comparison
VAGE.DE's dividend yield for the trailing twelve months is around 3.60%, more than IS3B.DE's 3.19% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IS3B.DE iShares Euro Corporate Bond Financials UCITS ETF | 3.19% | 3.08% | 2.95% | 2.42% | 1.00% | 0.75% | 0.97% | 1.09% | 1.10% | 1.12% | 1.52% | 1.70% |
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% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
VAGE.DE and IS3B.DE have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VAGE.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VAGE.DE is cheaper with a 0.10% expense ratio, compared with 0.20% for IS3B.DE.
VAGE.DE is categorized as Global Bonds, while IS3B.DE is European Corporate Bonds. VAGE.DE tracks Bloomberg Global Aggregate Float Adjusted and Scaled (EUR Hedged), while IS3B.DE tracks Bloomberg Euro Aggregate Financial. They also come from different issuers: Vanguard and iShares. Their fees differ too: 0.10% for VAGE.DE and 0.20% for IS3B.DE.
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