VDET.L vs. VWRP.L
VDET.L (Vanguard USD Emerging Markets Government Bond UCITS ETF Distributing) and VWRP.L (Vanguard FTSE All-World UCITS ETF (USD) Accumulating) are both exchange-traded funds - VDET.L is a Emerging Markets Bonds fund tracking the Bloomberg EM USD Sovereign + Quasi-Sov Index, while VWRP.L is a Global Equities fund tracking the FTSE All-World Index. Both are passively managed. Over the past 5 years, VDET.L returned 2.30%/yr vs 11.28%/yr for VWRP.L. At a 0.50 correlation, their price movements are largely independent. VDET.L charges 0.23%/yr vs 0.22%/yr for VWRP.L.
Performance
VDET.L vs. VWRP.L - Performance Comparison
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Different Trading Currencies
VDET.L is traded in USD, while VWRP.L is traded in GBP. To make them comparable, the VWRP.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, VDET.L achieves a 1.31% return, which is significantly lower than VWRP.L's 11.65% return.
VDET.L
- 1D
- -0.02%
- 1M
- 0.71%
- YTD
- 1.31%
- 6M
- 1.85%
- 1Y
- 9.46%
- 3Y*
- 8.79%
- 5Y*
- 2.30%
- 10Y*
- —
VWRP.L
- 1D
- 0.02%
- 1M
- 4.42%
- YTD
- 11.65%
- 6M
- 13.23%
- 1Y
- 28.68%
- 3Y*
- 21.03%
- 5Y*
- 11.28%
- 10Y*
- —
VDET.L vs. VWRP.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
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% | 2.11% |
VWRP.L Vanguard FTSE All-World UCITS ETF (USD) Accumulating | 11.65% | 22.54% | 17.61% | 21.74% | -18.20% | 18.91% | 15.71% | 8.28% |
Correlation
The correlation between VDET.L and VWRP.L is 0.59, 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 | 0.59 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.47 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.49 |
Correlation (All Time) Calculated using the full available price history since Jul 26, 2019 | 0.50 |
The correlation between VDET.L and VWRP.L shifts across timeframes, from 0.47 (3 years) to 0.59 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
VDET.L vs. VWRP.L — Risk / Return Rank
VDET.L
VWRP.L
VDET.L vs. VWRP.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard USD Emerging Markets Government Bond UCITS ETF Distributing (VDET.L) and Vanguard FTSE All-World UCITS ETF (USD) Accumulating (VWRP.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.
| VDET.L | VWRP.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.42 | ||
| Sortino ratioReturn per unit of downside risk | -0.42 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.44 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 2.65 | 3.15 | -0.50 |
| Martin ratioReturn relative to average drawdown | 10.75 | 13.73 | -2.97 |
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
| VDET.L | VWRP.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.00 | 2.43 | -0.42 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.32 | 0.75 | -0.43 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.45 | 0.80 | -0.35 |
Drawdowns
VDET.L vs. VWRP.L - Drawdown Comparison
The maximum VDET.L drawdown since its inception was -24.09%, smaller than the maximum VWRP.L drawdown of -33.23%. Use the drawdown chart below to compare losses from any high point for VDET.L and VWRP.L.
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Drawdown Indicators
| VDET.L | VWRP.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.09% | -33.23% | +9.14% |
Max Drawdown (1Y)Largest decline over 1 year | -3.56% | -9.07% | +5.51% |
Max Drawdown (3Y)Largest decline over 3 years | -6.04% | -16.33% | +10.29% |
Max Drawdown (5Y)Largest decline over 5 years | -24.09% | -26.82% | +2.73% |
Current DrawdownCurrent decline from peak | -0.22% | -0.78% | +0.56% |
Average DrawdownAverage peak-to-trough decline | -4.96% | -5.40% | +0.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.88% | 2.08% | -1.20% |
Volatility
VDET.L vs. VWRP.L - Volatility Comparison
The current volatility for Vanguard USD Emerging Markets Government Bond UCITS ETF Distributing (VDET.L) is 1.79%, while Vanguard FTSE All-World UCITS ETF (USD) Accumulating (VWRP.L) has a volatility of 3.45%. This indicates that VDET.L experiences smaller price fluctuations and is considered to be less risky than VWRP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VDET.L | VWRP.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.79% | 3.45% | -1.66% |
Volatility (6M)Calculated over the trailing 6-month period | 3.72% | 9.10% | -5.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.72% | 11.76% | -7.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.17% | 15.04% | -7.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.70% | 16.94% | -9.24% |
VDET.L vs. VWRP.L - Expense Ratio Comparison
VDET.L has a 0.23% expense ratio, which is higher than VWRP.L's 0.22% 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
VDET.L vs. VWRP.L - Dividend Comparison
VDET.L's dividend yield for the trailing twelve months is around 5.91%, while VWRP.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
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% |
VWRP.L Vanguard FTSE All-World UCITS ETF (USD) Accumulating | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
VDET.L and VWRP.L have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VWRP.L is cheaper at 0.22% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VWRP.L is cheaper with a 0.22% expense ratio, compared with 0.23% for VDET.L.
VDET.L is categorized as Emerging Markets Bonds, while VWRP.L is Global Equities. VDET.L tracks Bloomberg EM USD Sovereign + Quasi-Sov Index, while VWRP.L tracks FTSE All-World Index. Their fees differ too: 0.23% for VDET.L and 0.22% for VWRP.L.
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