VAGP.L vs. VGCAX
Compare and contrast key facts about Vanguard Global Aggregate Bond UCITS ETF GBP Hedged Distributing (VAGP.L) and Vanguard Global Credit Bond Fund Admiral Shares (VGCAX).
VAGP.L is a passively managed fund by Vanguard that tracks the performance of the Bloomberg Global Aggregate TR Hdg GBP. It was launched on Jun 18, 2019. VGCAX is managed by Vanguard. It was launched on Nov 15, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VAGP.L or VGCAX.
Key characteristics
| VAGP.L | VGCAX | |
|---|---|---|
| YTD Return | -0.33% | 4.21% |
| 1Y Return | 4.72% | 10.93% |
| 3Y Return (Ann) | -4.42% | -0.63% |
| 5Y Return (Ann) | -2.41% | 1.74% |
| Sharpe Ratio | 0.78 | 2.34 |
| Sortino Ratio | 1.13 | 3.62 |
| Omega Ratio | 1.14 | 1.43 |
| Calmar Ratio | 0.20 | 0.87 |
| Martin Ratio | 2.05 | 11.99 |
| Ulcer Index | 1.74% | 0.92% |
| Daily Std Dev | 4.70% | 4.69% |
| Max Drawdown | -20.46% | -18.63% |
| Current Drawdown | -15.12% | -3.04% |
Correlation
The correlation between VAGP.L and VGCAX is 0.46, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
VAGP.L vs. VGCAX - Performance Comparison
In the year-to-date period, VAGP.L achieves a -0.33% return, which is significantly lower than VGCAX's 4.21% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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VAGP.L vs. VGCAX - Expense Ratio Comparison
VAGP.L has a 0.10% expense ratio, which is lower than VGCAX's 0.25% 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%.
Risk-Adjusted Performance
VAGP.L vs. VGCAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Global Aggregate Bond UCITS ETF GBP Hedged Distributing (VAGP.L) and Vanguard Global Credit Bond Fund Admiral Shares (VGCAX). 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.
Dividends
VAGP.L vs. VGCAX - Dividend Comparison
VAGP.L's dividend yield for the trailing twelve months is around 0.03%, less than VGCAX's 4.52% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
VAGP.L Vanguard Global Aggregate Bond UCITS ETF GBP Hedged Distributing | 0.03% | 0.02% | 0.01% | 0.01% | 0.01% | 0.01% | 0.00% |
VGCAX Vanguard Global Credit Bond Fund Admiral Shares | 4.52% | 4.49% | 2.72% | 1.62% | 2.35% | 3.66% | 0.36% |
Drawdowns
VAGP.L vs. VGCAX - Drawdown Comparison
The maximum VAGP.L drawdown since its inception was -20.46%, which is greater than VGCAX's maximum drawdown of -18.63%. Use the drawdown chart below to compare losses from any high point for VAGP.L and VGCAX. For additional features, visit the drawdowns tool.
Volatility
VAGP.L vs. VGCAX - Volatility Comparison
Vanguard Global Aggregate Bond UCITS ETF GBP Hedged Distributing (VAGP.L) has a higher volatility of 2.99% compared to Vanguard Global Credit Bond Fund Admiral Shares (VGCAX) at 1.30%. This indicates that VAGP.L's price experiences larger fluctuations and is considered to be riskier than VGCAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.