VAGU.L vs. LDRAX

Last updated Jun 5, 2026

VAGU.L (Vanguard Global Aggregate Bond UCITS ETF USD Hedged Accumulating) and LDRAX (SEI Institutional Investments Trust Long Duration Fund) are both funds - VAGU.L is a Global Bonds fund tracking the Bloomberg Global Aggregate TR Hdg USD, while LDRAX is a Long-Term Bond fund managed by SEI. Over the past 5 years, VAGU.L returned 0.31%/yr vs -3.40%/yr for LDRAX. A 0.63 correlation means they provide meaningful diversification when combined. VAGU.L charges 0.10%/yr vs 0.14%/yr for LDRAX.

Performance

VAGU.L vs. LDRAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Global Aggregate Bond UCITS ETF USD Hedged Accumulating (VAGU.L) and SEI Institutional Investments Trust Long Duration Fund (LDRAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VAGU.L achieves a 0.41% return, which is significantly higher than LDRAX's 0.25% 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*: —

LDRAX

• 1D: -0.34%
• 1M: 0.62%
• YTD: 0.25%
• 6M: -0.32%
• 1Y: 5.40%
• 3Y*: 2.40%
• 5Y*: -3.40%
• 10Y*: 1.42%

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

VAGU.L vs. LDRAX - 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%
LDRAX SEI Institutional Investments Trust Long Duration Fund	0.25%	6.81%	-3.28%	7.16%	-27.73%	-2.19%	18.23%	7.12%

Correlation

The correlation between VAGU.L and LDRAX is 0.72, 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	0.72
Correlation (3Y) Calculated over the trailing 3-year period	0.66
Correlation (5Y) Calculated over the trailing 5-year period	0.65
Correlation (All Time) Calculated using the full available price history since Jun 21, 2019	0.63

The correlation between VAGU.L and LDRAX has been stable across timeframes, ranging from 0.63 to 0.72 - a consistent structural relationship.

Return for Risk

VAGU.L vs. LDRAX — Risk / Return Rank

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

VAGU.L

VAGU.L Risk / Return Rank: 27
VAGU.L Sharpe Ratio Rank: 28
VAGU.L Sortino Ratio Rank: 28
VAGU.L Omega Ratio Rank: 26
VAGU.L Calmar Ratio Rank: 27
VAGU.L Martin Ratio Rank: 26

LDRAX

LDRAX Risk / Return Rank: 12
LDRAX Sharpe Ratio Rank: 11
LDRAX Sortino Ratio Rank: 11
LDRAX Omega Ratio Rank: 10
LDRAX Calmar Ratio Rank: 14
LDRAX Martin Ratio Rank: 11

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.

VAGU.L vs. LDRAX - 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 SEI Institutional Investments Trust Long Duration Fund (LDRAX). 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	LDRAX	Difference
Sharpe ratio: Return per unit of total volatility	0.97	0.84	+0.13
Sortino ratio: Return per unit of downside risk	1.49	1.25	+0.24
Omega ratio: Gain probability vs. loss probability	1.17	1.15	+0.03
Calmar ratio: Return relative to maximum drawdown	1.26	1.26	0.00
Martin ratio: Return relative to average drawdown	3.55	3.15	+0.40
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VAGU.L vs. LDRAX - Sharpe Ratio Comparison

The current VAGU.L Sharpe Ratio is 0.97, which is comparable to the LDRAX Sharpe Ratio of 0.84. The chart below compares the historical Sharpe Ratios of VAGU.L and LDRAX, 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

	VAGU.L	LDRAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.97	0.84	+0.13
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.06	-0.27	+0.33
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.12	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.22	0.13	+0.09

Drawdowns

VAGU.L vs. LDRAX - Drawdown Comparison

The maximum VAGU.L drawdown since its inception was -17.42%, smaller than the maximum LDRAX drawdown of -37.23%. Use the drawdown chart below to compare losses from any high point for VAGU.L and LDRAX.

Drawdown Indicators

	VAGU.L	LDRAX	Difference
Max Drawdown Largest peak-to-trough decline	-17.42%	-37.23%	+19.81%
Max Drawdown (1Y) Largest decline over 1 year	-2.70%	-5.34%	+2.64%
Max Drawdown (3Y) Largest decline over 3 years	-3.84%	-14.49%	+10.65%
Max Drawdown (5Y) Largest decline over 5 years	-17.10%	-36.35%	+19.25%
Max Drawdown (10Y) Largest decline over 10 years	—	-37.23%	—
Current Drawdown Current decline from peak	-1.33%	-22.63%	+21.30%
Average Drawdown Average peak-to-trough decline	-5.53%	-12.40%	+6.87%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.96%	2.13%	-1.17%

Volatility

VAGU.L vs. LDRAX - Volatility Comparison

The current volatility for Vanguard Global Aggregate Bond UCITS ETF USD Hedged Accumulating (VAGU.L) is 1.41%, while SEI Institutional Investments Trust Long Duration Fund (LDRAX) has a volatility of 2.57%. This indicates that VAGU.L experiences smaller price fluctuations and is considered to be less risky than LDRAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VAGU.L	LDRAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.41%	2.57%	-1.16%
Volatility (6M) Calculated over the trailing 6-month period	2.76%	5.62%	-2.86%
Volatility (1Y) Calculated over the trailing 1-year period	3.53%	8.04%	-4.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.10%	12.54%	-7.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.73%	11.39%	-6.66%

VAGU.L vs. LDRAX - Expense Ratio Comparison

VAGU.L has a 0.10% expense ratio, which is lower than LDRAX's 0.14% 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

VAGU.L vs. LDRAX - Dividend Comparison

VAGU.L has not paid dividends to shareholders, while LDRAX's dividend yield for the trailing twelve months is around 5.16%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LDRAX SEI Institutional Investments Trust Long Duration Fund	5.16%	5.04%	4.62%	3.42%	3.23%	4.30%	12.32%	8.60%	4.80%	4.46%	6.21%	9.23%
VAGU.L Vanguard Global Aggregate Bond UCITS ETF USD Hedged Accumulating	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both VAGU.L and LDRAX in my portfolio?

VAGU.L and LDRAX have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.