VDST.L vs. VUTA.L
VDST.L (Vanguard U.S. Treasury 0-1 Year Bond UCITS ETF (USD) Accumulating) and VUTA.L (Vanguard USD Treasury Bond UCITS ETF Accumulating) are both Government Bonds funds from Vanguard - VDST.L tracks the Bloomberg Short Treasury Index while VUTA.L tracks the Bloomberg Global Aggregate US Treasury Float Adjusted Index. Both are passively managed. Over the past 5 years, VDST.L returned 3.35%/yr vs -0.44%/yr for VUTA.L. At a 0.15 correlation, their price movements are largely independent. Both charge a 0.05% expense ratio.
Performance
VDST.L vs. VUTA.L - Performance Comparison
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Different Trading Currencies
VDST.L is traded in USD, while VUTA.L is traded in GBP. To make them comparable, the VUTA.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, VDST.L achieves a 1.42% return, which is significantly higher than VUTA.L's -0.41% return.
VDST.L
- 1D
- 0.01%
- 1M
- 0.28%
- YTD
- 1.42%
- 6M
- 1.74%
- 1Y
- 3.94%
- 3Y*
- 4.70%
- 5Y*
- 3.35%
- 10Y*
- —
VUTA.L
- 1D
- -0.19%
- 1M
- 0.13%
- YTD
- -0.41%
- 6M
- -0.46%
- 1Y
- 3.68%
- 3Y*
- 2.78%
- 5Y*
- -0.44%
- 10Y*
- —
VDST.L vs. VUTA.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
VDST.L Vanguard U.S. Treasury 0-1 Year Bond UCITS ETF (USD) Accumulating | 1.42% | 4.26% | 5.24% | 4.98% | 0.95% | 0.01% | 0.03% |
VUTA.L Vanguard USD Treasury Bond UCITS ETF Accumulating | -0.41% | 6.34% | 0.80% | 3.29% | -12.37% | -1.98% | -0.17% |
Correlation
The correlation between VDST.L and VUTA.L is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.15 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.17 |
Correlation (All Time) Calculated using the full available price history since Sep 11, 2020 | 0.15 |
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Return for Risk
VDST.L vs. VUTA.L — Risk / Return Rank
VDST.L
VUTA.L
VDST.L vs. VUTA.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard U.S. Treasury 0-1 Year Bond UCITS ETF (USD) Accumulating (VDST.L) and Vanguard USD Treasury Bond UCITS ETF Accumulating (VUTA.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.
| VDST.L | VUTA.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +8.56 | ||
| Sortino ratioReturn per unit of downside risk | +20.95 | ||
| Omega ratioGain probability vs. loss probability | 4.86 | 1.13 | +3.74 |
| Calmar ratioReturn relative to maximum drawdown | 35.91 | 1.18 | +34.73 |
| Martin ratioReturn relative to average drawdown | 243.54 | 3.46 | +240.08 |
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
| VDST.L | VUTA.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 9.29 | 0.73 | +8.56 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 8.03 | -0.06 | +8.09 |
Sharpe Ratio (All Time)Calculated using the full available price history | 7.82 | 0.16 | +7.66 |
Drawdowns
VDST.L vs. VUTA.L - Drawdown Comparison
The maximum VDST.L drawdown since its inception was -0.36%, smaller than the maximum VUTA.L drawdown of -19.22%. Use the drawdown chart below to compare losses from any high point for VDST.L and VUTA.L.
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Drawdown Indicators
| VDST.L | VUTA.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -0.36% | -19.22% | +18.86% |
Max Drawdown (1Y)Largest decline over 1 year | -0.11% | -3.10% | +2.99% |
Max Drawdown (3Y)Largest decline over 3 years | -0.15% | -5.46% | +5.31% |
Max Drawdown (5Y)Largest decline over 5 years | -0.36% | -16.63% | +16.27% |
Current DrawdownCurrent decline from peak | -0.01% | -7.61% | +7.60% |
Average DrawdownAverage peak-to-trough decline | -0.03% | -8.42% | +8.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.02% | 1.06% | -1.04% |
Volatility
VDST.L vs. VUTA.L - Volatility Comparison
The current volatility for Vanguard U.S. Treasury 0-1 Year Bond UCITS ETF (USD) Accumulating (VDST.L) is 0.12%, while Vanguard USD Treasury Bond UCITS ETF Accumulating (VUTA.L) has a volatility of 1.54%. This indicates that VDST.L experiences smaller price fluctuations and is considered to be less risky than VUTA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VDST.L | VUTA.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.12% | 1.54% | -1.42% |
Volatility (6M)Calculated over the trailing 6-month period | 0.33% | 3.73% | -3.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 0.42% | 5.01% | -4.59% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 0.47% | 7.03% | -6.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 0.46% | 7.21% | -6.75% |
VDST.L vs. VUTA.L - Expense Ratio Comparison
Both VDST.L and VUTA.L have an expense ratio of 0.05%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
VDST.L vs. VUTA.L - Dividend Comparison
Neither VDST.L nor VUTA.L has paid dividends to shareholders.
Frequently Asked Questions
VDST.L and VUTA.L have a correlation of 0.15, 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 0.05% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
VDST.L and VUTA.L have the same expense ratio: 0.05% per year.
VDST.L tracks Bloomberg Short Treasury Index, while VUTA.L tracks Bloomberg Global Aggregate US Treasury Float Adjusted Index.
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