VAGU.L vs. DTLA.L
VAGU.L (Vanguard Global Aggregate Bond UCITS ETF USD Hedged Accumulating) and DTLA.L (iShares USD Treasury Bond 20+yr UCITS ETF USD (Acc)) are both exchange-traded funds - VAGU.L is a Global Bonds fund tracking the Bloomberg Global Aggregate TR Hdg USD, while DTLA.L is a Government Bonds fund tracking the ICE US Treasury 20+ Year Index. Both are passively managed. Over the past 5 years, VAGU.L returned 0.31%/yr vs -6.06%/yr for DTLA.L. A 0.78 correlation means they provide meaningful diversification when combined. VAGU.L charges 0.10%/yr vs 0.07%/yr for DTLA.L.
Performance
VAGU.L vs. DTLA.L - Performance Comparison
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Returns By Period
In the year-to-date period, VAGU.L achieves a 0.41% return, which is significantly higher than DTLA.L's -0.98% return.
VAGU.L
- 1D
- 0.20%
- 1M
- 0.00%
- YTD
- 0.41%
- 6M
- 0.76%
- 1Y
- 3.68%
- 3Y*
- 4.10%
- 5Y*
- 0.31%
- 10Y*
- —
DTLA.L
- 1D
- 0.48%
- 1M
- -0.15%
- YTD
- -0.98%
- 6M
- -0.47%
- 1Y
- 3.80%
- 3Y*
- -1.52%
- 5Y*
- -6.06%
- 10Y*
- —
VAGU.L vs. DTLA.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
VAGU.L Vanguard Global Aggregate Bond UCITS ETF USD Hedged Accumulating | 0.41% | 4.94% | 2.73% | 6.90% | -12.61% | -2.00% | 5.90% | 2.39% |
DTLA.L iShares USD Treasury Bond 20+yr UCITS ETF USD (Acc) | -0.98% | 4.47% | -6.97% | 1.69% | -30.29% | -4.46% | 17.00% | 3.76% |
Correlation
The correlation between VAGU.L and DTLA.L 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 | 0.79 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.79 |
Correlation (All Time) Calculated using the full available price history since Jun 21, 2019 | 0.78 |
The correlation between VAGU.L and DTLA.L has been stable across timeframes, ranging from 0.78 to 0.81 - a consistent structural relationship.
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Return for Risk
VAGU.L vs. DTLA.L — Risk / Return Rank
VAGU.L
DTLA.L
VAGU.L vs. DTLA.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Global Aggregate Bond UCITS ETF USD Hedged Accumulating (VAGU.L) and iShares USD Treasury Bond 20+yr UCITS ETF USD (Acc) (DTLA.L). 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.
| VAGU.L | DTLA.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.56 | ||
| Sortino ratioReturn per unit of downside risk | +0.84 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.07 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 1.26 | 0.53 | +0.74 |
| Martin ratioReturn relative to average drawdown | 3.55 | 1.34 | +2.21 |
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
| VAGU.L | DTLA.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.97 | 0.41 | +0.56 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.06 | -0.41 | +0.47 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.22 | -0.07 | +0.29 |
Drawdowns
VAGU.L vs. DTLA.L - Drawdown Comparison
The maximum VAGU.L drawdown since its inception was -17.42%, smaller than the maximum DTLA.L drawdown of -48.47%. Use the drawdown chart below to compare losses from any high point for VAGU.L and DTLA.L.
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Drawdown Indicators
| VAGU.L | DTLA.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.42% | -48.47% | +31.05% |
Max Drawdown (1Y)Largest decline over 1 year | -2.70% | -7.52% | +4.82% |
Max Drawdown (3Y)Largest decline over 3 years | -3.84% | -18.61% | +14.77% |
Max Drawdown (5Y)Largest decline over 5 years | -17.10% | -42.87% | +25.77% |
Current DrawdownCurrent decline from peak | -1.33% | -40.52% | +39.19% |
Average DrawdownAverage peak-to-trough decline | -5.53% | -24.06% | +18.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.96% | 2.96% | -2.00% |
Volatility
VAGU.L vs. DTLA.L - Volatility Comparison
The current volatility for Vanguard Global Aggregate Bond UCITS ETF USD Hedged Accumulating (VAGU.L) is 1.41%, while iShares USD Treasury Bond 20+yr UCITS ETF USD (Acc) (DTLA.L) has a volatility of 3.37%. This indicates that VAGU.L experiences smaller price fluctuations and is considered to be less risky than DTLA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VAGU.L | DTLA.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.41% | 3.37% | -1.96% |
Volatility (6M)Calculated over the trailing 6-month period | 2.76% | 6.53% | -3.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.53% | 9.82% | -6.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.10% | 14.93% | -9.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.73% | 14.78% | -10.05% |
VAGU.L vs. DTLA.L - Expense Ratio Comparison
VAGU.L has a 0.10% expense ratio, which is higher than DTLA.L's 0.07% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
VAGU.L vs. DTLA.L - Dividend Comparison
Neither VAGU.L nor DTLA.L has paid dividends to shareholders.
Frequently Asked Questions
VAGU.L and DTLA.L 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.
On fees, DTLA.L is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
DTLA.L is cheaper with a 0.07% expense ratio, compared with 0.10% for VAGU.L.
VAGU.L is categorized as Global Bonds, while DTLA.L is Government Bonds. VAGU.L tracks Bloomberg Global Aggregate TR Hdg USD, while DTLA.L tracks ICE US Treasury 20+ Year Index. They also come from different issuers: Vanguard and iShares. Their fees differ too: 0.10% for VAGU.L and 0.07% for DTLA.L.
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