VDE vs. BPH

Last updated Jun 24, 2026

VDE (Vanguard Energy ETF) and BPH (BP p.l.c. ADRhedged ETF) are both Energy Equities funds. VDE is passively managed, while BPH is actively managed. Their correlation of 0.83 suggests significant overlap in exposure. VDE charges 0.09%/yr vs 0.19%/yr for BPH.

Performance

VDE vs. BPH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Energy ETF (VDE) and BP p.l.c. ADRhedged ETF (BPH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

VDE

• 1D: 0.60%
• 1M: -7.94%
• YTD: 23.55%
• 6M: 24.06%
• 1Y: 31.01%
• 3Y*: 16.13%
• 5Y*: 18.74%
• 10Y*: 8.90%

BPH

• 1D: -0.55%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

VDE vs. BPH - Yearly Performance Comparison

	2026 (YTD)
VDE Vanguard Energy ETF	-7.94%
BPH BP p.l.c. ADRhedged ETF	-5.53%

Correlation

The correlation between VDE and BPH is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 26, 2026	0.83

VDE vs. BPH - Sectors Allocation Comparison

Sectors	VDE	BPH
Energy	99.5%	100.0%
Basic Materials	0.4%	-
Industrials	0.1%	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Financial Services	-	-
Healthcare	-	-
Real Estate	-	-
Technology	-	-
Utilities	-	-

Return for Risk

VDE vs. BPH — Risk / Return Rank

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

VDE

VDE Risk / Return Rank: 43
VDE Sharpe Ratio Rank: 45
VDE Sortino Ratio Rank: 41
VDE Omega Ratio Rank: 40
VDE Calmar Ratio Rank: 45
VDE Martin Ratio Rank: 43

BPH

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

VDE vs. BPH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Energy ETF (VDE) and BP p.l.c. ADRhedged ETF (BPH). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	VDE	BPH	Difference
Sharpe ratio: Return per unit of total volatility	1.51	—	—
Sortino ratio: Return per unit of downside risk	2.04	—	—
Omega ratio: Gain probability vs. loss probability	1.25	—	—
Calmar ratio: Return relative to maximum drawdown	2.19	—	—
Martin ratio: Return relative to average drawdown	6.75	—	—

Drawdowns

VDE vs. BPH - Drawdown Comparison

The maximum VDE drawdown since its inception was -74.20%, which is greater than BPH's maximum drawdown of -9.43%. Use the drawdown chart below to compare losses from any high point for VDE and BPH.

Drawdown Indicators

	VDE	BPH	Difference
Max Drawdown Largest peak-to-trough decline	-74.20%	-9.43%	-64.77%
Max Drawdown (1Y) Largest decline over 1 year	-14.20%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-21.41%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-26.58%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-69.29%	—	—
Current Drawdown Current decline from peak	-12.59%	-8.71%	-3.88%
Average Drawdown Average peak-to-trough decline	-19.94%	-3.18%	-16.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.61%	—	—

Volatility

Volatility by Period

	VDE	BPH	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.06%	—	—
Volatility (6M) Calculated over the trailing 6-month period	16.61%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	20.80%	24.10%	-3.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.37%	24.10%	+2.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.94%	24.10%	+5.84%

VDE vs. BPH - Expense Ratio Comparison

VDE has a 0.09% expense ratio, which is lower than BPH's 0.19% 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

VDE vs. BPH - Dividend Comparison

VDE's dividend yield for the trailing twelve months is around 2.54%, more than BPH's 0.53% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BPH BP p.l.c. ADRhedged ETF	0.53%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VDE Vanguard Energy ETF	2.54%	3.11%	3.23%	3.34%	3.65%	4.13%	4.76%	3.42%	3.35%	2.90%	2.31%	3.17%

Frequently Asked Questions

Can I hold both VDE and BPH in my portfolio?

VDE and BPH have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, VDE or BPH?

On fees, VDE is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, VDE or BPH?

VDE is cheaper with a 0.09% expense ratio, compared with 0.19% for BPH.

Which ETF pays a higher dividend yield, VDE or BPH?

VDE has the higher dividend yield at 2.54%, compared with 0.53% for BPH.

What is the main difference between VDE and BPH?

They also come from different issuers: Vanguard and Precidian. Their fees differ too: 0.09% for VDE and 0.19% for BPH.