VCEB vs. EUSB
Compare and contrast key facts about Vanguard ESG U.S. Corporate Bond ETF (VCEB) and iShares ESG Advanced Total USD Bond Market ETF (EUSB).
VCEB and EUSB are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VCEB is a passively managed fund by Vanguard that tracks the performance of the Bloomberg Barclays MSCI US Corp SRI Select Index. It was launched on Sep 22, 2020. EUSB is a passively managed fund by iShares that tracks the performance of the Bloomberg MSCI US Universal Choice ESG Screened Index. It was launched on Jun 23, 2020. Both VCEB and EUSB are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VCEB or EUSB.
Key characteristics
| VCEB | EUSB | |
|---|---|---|
| YTD Return | 3.50% | 2.55% |
| 1Y Return | 11.01% | 9.10% |
| 3Y Return (Ann) | -1.58% | -1.73% |
| Sharpe Ratio | 1.91 | 1.51 |
| Sortino Ratio | 2.89 | 2.24 |
| Omega Ratio | 1.34 | 1.27 |
| Calmar Ratio | 0.72 | 0.60 |
| Martin Ratio | 7.96 | 5.86 |
| Ulcer Index | 1.43% | 1.51% |
| Daily Std Dev | 5.97% | 5.85% |
| Max Drawdown | -21.61% | -17.86% |
| Current Drawdown | -6.61% | -6.95% |
Correlation
The correlation between VCEB and EUSB is 0.90, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
VCEB vs. EUSB - Performance Comparison
In the year-to-date period, VCEB achieves a 3.50% return, which is significantly higher than EUSB's 2.55% 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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VCEB vs. EUSB - Expense Ratio Comparison
Both VCEB and EUSB have an expense ratio of 0.12%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
VCEB vs. EUSB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard ESG U.S. Corporate Bond ETF (VCEB) and iShares ESG Advanced Total USD Bond Market ETF (EUSB). 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
VCEB vs. EUSB - Dividend Comparison
VCEB's dividend yield for the trailing twelve months is around 4.32%, more than EUSB's 3.54% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
VCEB Vanguard ESG U.S. Corporate Bond ETF | 4.32% | 3.70% | 2.82% | 1.69% | 0.43% |
EUSB iShares ESG Advanced Total USD Bond Market ETF | 3.54% | 3.08% | 2.22% | 1.10% | 0.57% |
Drawdowns
VCEB vs. EUSB - Drawdown Comparison
The maximum VCEB drawdown since its inception was -21.61%, which is greater than EUSB's maximum drawdown of -17.86%. Use the drawdown chart below to compare losses from any high point for VCEB and EUSB. For additional features, visit the drawdowns tool.
Volatility
VCEB vs. EUSB - Volatility Comparison
The current volatility for Vanguard ESG U.S. Corporate Bond ETF (VCEB) is 1.84%, while iShares ESG Advanced Total USD Bond Market ETF (EUSB) has a volatility of 2.17%. This indicates that VCEB experiences smaller price fluctuations and is considered to be less risky than EUSB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.