VECA.DE vs. VA.TO

Last updated Jun 13, 2026

VECA.DE (Vanguard EUR Corporate Bond UCITS ETF Accumulating) and VA.TO (Vanguard FTSE Developed Asia Pacific All Cap Index ETF) are both exchange-traded funds - VECA.DE is a European Corporate Bonds fund tracking the Bloomberg Euro Corp TR EUR, while VA.TO is a Asia Pacific Equities fund tracking the FTSE Developed Asia Pacific All Cap Index. Both are passively managed. Over the past 5 years, VECA.DE returned 0.07%/yr vs 10.58%/yr for VA.TO. At a 0.17 correlation, their price movements are largely independent. VECA.DE charges 0.09%/yr vs 0.22%/yr for VA.TO.

Performance

VECA.DE vs. VA.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Vanguard EUR Corporate Bond UCITS ETF Accumulating (VECA.DE) and Vanguard FTSE Developed Asia Pacific All Cap Index ETF (VA.TO). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

VECA.DE is traded in EUR, while VA.TO is traded in CAD. To make them comparable, the VA.TO values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, VECA.DE achieves a 0.71% return, which is significantly lower than VA.TO's 28.50% return.

VECA.DE

• 1D: 0.26%
• 1M: 0.60%
• YTD: 0.71%
• 6M: 1.02%
• 1Y: 2.14%
• 3Y*: 4.63%
• 5Y*: 0.07%
• 10Y*: —

VA.TO

• 1D: 0.24%
• 1M: 1.23%
• YTD: 28.50%
• 6M: 30.01%
• 1Y: 48.65%
• 3Y*: 17.91%
• 5Y*: 10.58%
• 10Y*: 10.21%

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

VECA.DE vs. VA.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
VECA.DE Vanguard EUR Corporate Bond UCITS ETF Accumulating	0.71%	2.98%	4.39%	7.54%	-13.48%	-1.06%	2.69%	4.68%
VA.TO Vanguard FTSE Developed Asia Pacific All Cap Index ETF	28.50%	16.43%	8.41%	11.45%	-9.37%	8.49%	6.88%	9.38%

Correlation

The correlation between VECA.DE and VA.TO is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.33
Correlation (3Y) Calculated over the trailing 3-year period	0.21
Correlation (5Y) Calculated over the trailing 5-year period	0.16
Correlation (All Time) Calculated using the full available price history since Feb 19, 2019	0.17

The correlation between VECA.DE and VA.TO shifts across timeframes, from 0.16 (5 years) to 0.33 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

VECA.DE vs. VA.TO — Risk / Return Rank

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

VECA.DE

VECA.DE Risk / Return Rank: 19
VECA.DE Sharpe Ratio Rank: 19
VECA.DE Sortino Ratio Rank: 17
VECA.DE Omega Ratio Rank: 18
VECA.DE Calmar Ratio Rank: 18
VECA.DE Martin Ratio Rank: 21

VA.TO

VA.TO Risk / Return Rank: 86
VA.TO Sharpe Ratio Rank: 87
VA.TO Sortino Ratio Rank: 82
VA.TO Omega Ratio Rank: 87
VA.TO Calmar Ratio Rank: 86
VA.TO Martin Ratio Rank: 87

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.

VECA.DE vs. VA.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard EUR Corporate Bond UCITS ETF Accumulating (VECA.DE) and Vanguard FTSE Developed Asia Pacific All Cap Index ETF (VA.TO). 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.

	VECA.DE	VA.TO	Difference
Sharpe ratio: Return per unit of total volatility	0.55	2.40	-1.86
Sortino ratio: Return per unit of downside risk	0.83	3.11	-2.28
Omega ratio: Gain probability vs. loss probability	1.10	1.44	-0.34
Calmar ratio: Return relative to maximum drawdown	0.67	4.57	-3.90
Martin ratio: Return relative to average drawdown	2.26	17.13	-14.86

VECA.DE vs. VA.TO - Sharpe Ratio Comparison

The current VECA.DE Sharpe Ratio is 0.55, which is lower than the VA.TO Sharpe Ratio of 2.40. The chart below compares the historical Sharpe Ratios of VECA.DE and VA.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

VECA.DE vs. VA.TO - Drawdown Comparison

The maximum VECA.DE drawdown since its inception was -17.20%, smaller than the maximum VA.TO drawdown of -30.26%. Use the drawdown chart below to compare losses from any high point for VECA.DE and VA.TO.

Drawdown Indicators

	VECA.DE	VA.TO	Difference
Max Drawdown Largest peak-to-trough decline	-17.20%	-30.26%	+13.06%
Max Drawdown (1Y) Largest decline over 1 year	-2.64%	-10.60%	+7.96%
Max Drawdown (3Y) Largest decline over 3 years	-2.64%	-16.65%	+14.01%
Max Drawdown (5Y) Largest decline over 5 years	-17.20%	-17.17%	-0.03%
Max Drawdown (10Y) Largest decline over 10 years	—	-30.26%	—
Current Drawdown Current decline from peak	-0.80%	-2.86%	+2.06%
Average Drawdown Average peak-to-trough decline	-5.12%	-5.82%	+0.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.78%	2.82%	-2.04%

Volatility

VECA.DE vs. VA.TO - Volatility Comparison

The current volatility for Vanguard EUR Corporate Bond UCITS ETF Accumulating (VECA.DE) is 1.18%, while Vanguard FTSE Developed Asia Pacific All Cap Index ETF (VA.TO) has a volatility of 8.87%. This indicates that VECA.DE experiences smaller price fluctuations and is considered to be less risky than VA.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VECA.DE	VA.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.18%	8.87%	-7.69%
Volatility (6M) Calculated over the trailing 6-month period	2.80%	17.34%	-14.54%
Volatility (1Y) Calculated over the trailing 1-year period	3.24%	20.16%	-16.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.48%	16.52%	-12.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.71%	17.35%	-12.64%

VECA.DE vs. VA.TO - Expense Ratio Comparison

VECA.DE has a 0.09% expense ratio, which is lower than VA.TO's 0.22% 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

VECA.DE vs. VA.TO - Dividend Comparison

VECA.DE has not paid dividends to shareholders, while VA.TO's dividend yield for the trailing twelve months is around 1.68%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
VA.TO Vanguard FTSE Developed Asia Pacific All Cap Index ETF	1.68%	2.17%	2.31%	2.57%	3.10%	2.35%	2.14%	2.55%	2.89%	1.71%	1.63%	1.93%
VECA.DE Vanguard EUR Corporate Bond UCITS ETF Accumulating	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both VECA.DE and VA.TO in my portfolio?

VECA.DE and VA.TO have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, VECA.DE or VA.TO?

On fees, VECA.DE 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, VECA.DE or VA.TO?

VECA.DE is cheaper with a 0.09% expense ratio, compared with 0.22% for VA.TO.

What is the main difference between VECA.DE and VA.TO?

VECA.DE is categorized as European Corporate Bonds, while VA.TO is Asia Pacific Equities. VECA.DE tracks Bloomberg Euro Corp TR EUR, while VA.TO tracks FTSE Developed Asia Pacific All Cap Index. Their fees differ too: 0.09% for VECA.DE and 0.22% for VA.TO.