VAGF.DE vs. SVOL

Last updated Jun 5, 2026

VAGF.DE (Vanguard Global Aggregate Bond UCITS ETF (EUR Hedged) Acc) and SVOL (Simplify Volatility Premium ETF) are both exchange-traded funds - VAGF.DE is a Global Bonds fund tracking the Bloomberg Global Aggregate Float Adjusted and Scaled (EUR Hedged), while SVOL is a Volatility fund actively managed by Simplify. VAGF.DE is passively managed, while SVOL is actively managed. Over the past 5 years, VAGF.DE returned -1.66%/yr vs 7.66%/yr for SVOL. At a correlation of -0.02, they often move in opposite directions. VAGF.DE charges 0.10%/yr vs 0.50%/yr for SVOL.

Performance

VAGF.DE vs. SVOL - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Vanguard Global Aggregate Bond UCITS ETF (EUR Hedged) Acc (VAGF.DE) and Simplify Volatility Premium ETF (SVOL). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

VAGF.DE is traded in EUR, while SVOL is traded in USD. To make them comparable, the SVOL values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, VAGF.DE achieves a -0.68% return, which is significantly lower than SVOL's 0.60% return.

VAGF.DE

• 1D: 0.09%
• 1M: -0.28%
• YTD: -0.68%
• 6M: -0.37%
• 1Y: 1.16%
• 3Y*: 2.04%
• 5Y*: -1.66%
• 10Y*: —

SVOL

• 1D: -1.19%
• 1M: 4.03%
• YTD: 0.60%
• 6M: 1.51%
• 1Y: 11.03%
• 3Y*: 3.24%
• 5Y*: 7.66%
• 10Y*: —

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

VAGF.DE vs. SVOL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
VAGF.DE Vanguard Global Aggregate Bond UCITS ETF (EUR Hedged) Acc	-0.68%	3.23%	0.82%	4.53%	-14.84%	0.62%
SVOL Simplify Volatility Premium ETF	0.60%	-9.74%	13.82%	19.20%	2.70%	19.28%

Correlation

The correlation between VAGF.DE and SVOL is -0.03, 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	-0.03
Correlation (3Y) Calculated over the trailing 3-year period	0.01
Correlation (5Y) Calculated over the trailing 5-year period	-0.02
Correlation (All Time) Calculated using the full available price history since May 14, 2021	-0.02

Return for Risk

VAGF.DE vs. SVOL — Risk / Return Rank

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

VAGF.DE

VAGF.DE Risk / Return Rank: 14
VAGF.DE Sharpe Ratio Rank: 14
VAGF.DE Sortino Ratio Rank: 13
VAGF.DE Omega Ratio Rank: 13
VAGF.DE Calmar Ratio Rank: 14
VAGF.DE Martin Ratio Rank: 14

SVOL

SVOL Risk / Return Rank: 20
SVOL Sharpe Ratio Rank: 19
SVOL Sortino Ratio Rank: 19
SVOL Omega Ratio Rank: 20
SVOL Calmar Ratio Rank: 21
SVOL Martin Ratio Rank: 20

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.

VAGF.DE vs. SVOL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Global Aggregate Bond UCITS ETF (EUR Hedged) Acc (VAGF.DE) and Simplify Volatility Premium ETF (SVOL). 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.

	VAGF.DE	SVOL	Difference
Sharpe ratio: Return per unit of total volatility	0.33	0.53	-0.20
Sortino ratio: Return per unit of downside risk	0.50	0.85	-0.35
Omega ratio: Gain probability vs. loss probability	1.06	1.12	-0.06
Calmar ratio: Return relative to maximum drawdown	0.38	0.94	-0.56
Martin ratio: Return relative to average drawdown	1.06	2.08	-1.03
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VAGF.DE vs. SVOL - Sharpe Ratio Comparison

The current VAGF.DE Sharpe Ratio is 0.33, which is lower than the SVOL Sharpe Ratio of 0.53. The chart below compares the historical Sharpe Ratios of VAGF.DE and SVOL, 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

	VAGF.DE	SVOL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.33	0.53	-0.20
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.33	0.34	-0.67
Sharpe Ratio (All Time) Calculated using the full available price history	-0.17	0.37	-0.54

Drawdowns

VAGF.DE vs. SVOL - Drawdown Comparison

The maximum VAGF.DE drawdown since its inception was -19.57%, smaller than the maximum SVOL drawdown of -36.92%. Use the drawdown chart below to compare losses from any high point for VAGF.DE and SVOL.

Drawdown Indicators

	VAGF.DE	SVOL	Difference
Max Drawdown Largest peak-to-trough decline	-19.57%	-36.92%	+17.35%
Max Drawdown (1Y) Largest decline over 1 year	-3.11%	-11.73%	+8.62%
Max Drawdown (3Y) Largest decline over 3 years	-4.45%	-36.92%	+32.47%
Max Drawdown (5Y) Largest decline over 5 years	-18.79%	-36.92%	+18.13%
Current Drawdown Current decline from peak	-10.73%	-13.30%	+2.57%
Average Drawdown Average peak-to-trough decline	-8.99%	-6.35%	-2.64%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.13%	5.30%	-4.17%

Volatility

VAGF.DE vs. SVOL - Volatility Comparison

The current volatility for Vanguard Global Aggregate Bond UCITS ETF (EUR Hedged) Acc (VAGF.DE) is 1.55%, while Simplify Volatility Premium ETF (SVOL) has a volatility of 2.30%. This indicates that VAGF.DE experiences smaller price fluctuations and is considered to be less risky than SVOL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VAGF.DE	SVOL	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.55%	2.30%	-0.75%
Volatility (6M) Calculated over the trailing 6-month period	2.98%	10.12%	-7.14%
Volatility (1Y) Calculated over the trailing 1-year period	3.63%	21.22%	-17.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.90%	22.90%	-18.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.71%	22.82%	-18.11%

VAGF.DE vs. SVOL - Expense Ratio Comparison

VAGF.DE has a 0.10% expense ratio, which is lower than SVOL's 0.50% expense ratio.

Dividends

VAGF.DE vs. SVOL - Dividend Comparison

VAGF.DE has not paid dividends to shareholders, while SVOL's dividend yield for the trailing twelve months is around 22.31%.

Position	TTM	2025	2024	2023	2022	2021
SVOL Simplify Volatility Premium ETF	22.31%	19.82%	16.79%	16.36%	18.32%	4.65%
VAGF.DE Vanguard Global Aggregate Bond UCITS ETF (EUR Hedged) Acc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both VAGF.DE and SVOL in my portfolio?

VAGF.DE and SVOL have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, VAGF.DE or SVOL?

On fees, VAGF.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, VAGF.DE or SVOL?

VAGF.DE is cheaper with a 0.10% expense ratio, compared with 0.50% for SVOL.

What is the main difference between VAGF.DE and SVOL?

VAGF.DE is categorized as Global Bonds, while SVOL is Volatility. They also come from different issuers: Vanguard and Simplify. Their fees differ too: 0.10% for VAGF.DE and 0.50% for SVOL.