VDEA.L vs. VDET.L
VDEA.L (Vanguard USD Emerging Markets Government Bond UCITS ETF USD Accumulation) and VDET.L (Vanguard USD Emerging Markets Government Bond UCITS ETF Distributing) are both Emerging Markets Bonds funds from Vanguard tracking the Bloomberg EM USD Sovereign + Quasi-Sov Index. Both are passively managed. Over the past 5 years, VDEA.L returned 2.35%/yr vs 2.30%/yr for VDET.L. Their correlation of 0.91 suggests significant overlap in exposure. Both charge a 0.23% expense ratio.
Performance
VDEA.L vs. VDET.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, VDEA.L achieves a 1.53% return, which is significantly higher than VDET.L's 1.31% return.
VDEA.L
- 1D
- 0.38%
- 1M
- 0.25%
- YTD
- 1.53%
- 6M
- 1.98%
- 1Y
- 9.69%
- 3Y*
- 8.87%
- 5Y*
- 2.35%
- 10Y*
- —
VDET.L
- 1D
- -0.02%
- 1M
- 0.05%
- YTD
- 1.31%
- 6M
- 1.90%
- 1Y
- 9.53%
- 3Y*
- 8.79%
- 5Y*
- 2.30%
- 10Y*
- —
VDEA.L vs. VDET.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
VDEA.L Vanguard USD Emerging Markets Government Bond UCITS ETF USD Accumulation | 1.53% | 11.45% | 6.35% | 9.72% | -15.28% | -1.74% | 6.10% | 9.05% |
VDET.L Vanguard USD Emerging Markets Government Bond UCITS ETF Distributing | 1.31% | 11.70% | 6.40% | 9.41% | -15.27% | -1.76% | 6.08% | 9.12% |
Correlation
The correlation between VDEA.L and VDET.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 | 0.90 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.93 |
Correlation (All Time) Calculated using the full available price history since Mar 8, 2019 | 0.91 |
The correlation between VDEA.L and VDET.L shifts across timeframes, from 0.81 (1 year) to 0.93 (5 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
VDEA.L vs. VDET.L — Risk / Return Rank
VDEA.L
VDET.L
VDEA.L vs. VDET.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard USD Emerging Markets Government Bond UCITS ETF USD Accumulation (VDEA.L) and Vanguard USD Emerging Markets Government Bond UCITS ETF Distributing (VDET.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.
| VDEA.L | VDET.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.12 | ||
| Sortino ratioReturn per unit of downside risk | -0.28 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.38 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 2.56 | 2.65 | -0.09 |
| Martin ratioReturn relative to average drawdown | 10.10 | 10.75 | -0.66 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| VDEA.L | VDET.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.88 | 2.00 | -0.12 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.33 | 0.32 | 0.00 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.42 | 0.45 | -0.03 |
Drawdowns
VDEA.L vs. VDET.L - Drawdown Comparison
The maximum VDEA.L drawdown since its inception was -24.08%, roughly equal to the maximum VDET.L drawdown of -24.09%. Use the drawdown chart below to compare losses from any high point for VDEA.L and VDET.L.
Loading charts...
Drawdown Indicators
| VDEA.L | VDET.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.08% | -24.09% | +0.01% |
Max Drawdown (1Y)Largest decline over 1 year | -3.66% | -3.56% | -0.10% |
Max Drawdown (3Y)Largest decline over 3 years | -6.16% | -6.04% | -0.12% |
Max Drawdown (5Y)Largest decline over 5 years | -24.08% | -24.09% | +0.01% |
Current DrawdownCurrent decline from peak | -0.13% | -0.22% | +0.09% |
Average DrawdownAverage peak-to-trough decline | -6.08% | -4.96% | -1.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.93% | 0.88% | +0.05% |
Volatility
VDEA.L vs. VDET.L - Volatility Comparison
Vanguard USD Emerging Markets Government Bond UCITS ETF USD Accumulation (VDEA.L) has a higher volatility of 2.08% compared to Vanguard USD Emerging Markets Government Bond UCITS ETF Distributing (VDET.L) at 1.79%. This indicates that VDEA.L's price experiences larger fluctuations and is considered to be riskier than VDET.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| VDEA.L | VDET.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.08% | 1.79% | +0.29% |
Volatility (6M)Calculated over the trailing 6-month period | 4.05% | 3.72% | +0.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.00% | 4.72% | +0.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.26% | 7.17% | +0.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.37% | 7.70% | +0.67% |
VDEA.L vs. VDET.L - Expense Ratio Comparison
Both VDEA.L and VDET.L have an expense ratio of 0.23%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
VDEA.L vs. VDET.L - Dividend Comparison
VDEA.L has not paid dividends to shareholders, while VDET.L's dividend yield for the trailing twelve months is around 5.91%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
VDEA.L Vanguard USD Emerging Markets Government Bond UCITS ETF USD Accumulation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VDET.L Vanguard USD Emerging Markets Government Bond UCITS ETF Distributing | 5.91% | 6.03% | 5.84% | 5.44% | 5.01% | 3.89% | 4.19% | 4.32% | 4.61% | 4.59% |
Frequently Asked Questions
VDEA.L and VDET.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.
Both ETFs have the same 0.23% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
VDEA.L and VDET.L have the same expense ratio: 0.23% per year.
Both ETFs track Bloomberg EM USD Sovereign + Quasi-Sov Index.
Find the right allocation for VDEA.L and VDET.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer