VECA.L vs. JR15.L
VECA.L (Vanguard EUR Corporate Bond UCITS ETF Accumulating) and JR15.L (JPM EUR 1-5 Year IG Corporate Bond Active UCITS ETF EUR (Acc)) are both European Corporate Bonds funds. VECA.L is passively managed, while JR15.L is actively managed. Over the past 5 years, VECA.L returned -0.30%/yr vs 0.93%/yr for JR15.L. A 0.79 correlation means they provide meaningful diversification when combined. VECA.L charges 0.09%/yr vs 0.04%/yr for JR15.L.
Performance
VECA.L vs. JR15.L - Performance Comparison
Loading charts...
Different Trading Currencies
VECA.L is traded in GBP, while JR15.L is traded in EUR. To make them comparable, the JR15.L values have been converted to GBP using the latest available exchange rates.
Returns By Period
In the year-to-date period, VECA.L achieves a -2.50% return, which is significantly lower than JR15.L's -2.08% return.
VECA.L
- 1D
- -0.04%
- 1M
- -2.41%
- 6M
- -2.22%
- YTD
- -2.50%
- 1Y
- -1.05%
- 3Y*
- 3.99%
- 5Y*
- -0.30%
- 10Y*
- —
JR15.L
- 1D
- 0.23%
- 1M
- -1.99%
- 6M
- -1.86%
- YTD
- -2.08%
- 1Y
- -0.55%
- 3Y*
- 3.88%
- 5Y*
- 0.93%
- 10Y*
- —
VECA.L vs. JR15.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
VECA.L Vanguard EUR Corporate Bond UCITS ETF Accumulating | -2.50% | 8.38% | -0.40% | 5.48% | -8.55% | -7.48% | 8.32% | -10.97% |
JR15.L JPM EUR 1-5 Year IG Corporate Bond Active UCITS ETF EUR (Acc) | -2.08% | 8.99% | -0.40% | 4.09% | -2.99% | -6.28% | 6.54% | -1.75% |
Correlation
The correlation between VECA.L and JR15.L is 0.84, 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 | 0.84 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.82 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.81 |
Correlation (All Time) Calculated using the full available price history since Feb 19, 2019 | 0.79 |
The correlation between VECA.L and JR15.L has been stable across timeframes, ranging from 0.79 to 0.84 - a consistent structural relationship.
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
VECA.L vs. JR15.L — Risk / Return Rank
VECA.L
JR15.L
VECA.L vs. JR15.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard EUR Corporate Bond UCITS ETF Accumulating (VECA.L) and JPM EUR 1-5 Year IG Corporate Bond Active UCITS ETF EUR (Acc) (JR15.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.
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.L | JR15.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.10 | ||
| Sortino ratioReturn per unit of downside risk | -0.13 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 0.98 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | -0.25 | -0.15 | -0.10 |
| Martin ratioReturn relative to average drawdown | -0.60 | -0.38 | -0.22 |
Loading charts...
Drawdowns
VECA.L vs. JR15.L - Drawdown Comparison
The maximum VECA.L drawdown since its inception was -22.59%, which is greater than JR15.L's maximum drawdown of -15.79%. Use the drawdown chart below to compare losses from any high point for VECA.L and JR15.L.
Loading charts...
Drawdown Indicators
| VECA.L | JR15.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.59% | -15.79% | -6.80% |
Max Drawdown (1Y)Largest decline over 1 year | -4.11% | -3.62% | -0.49% |
Max Drawdown (3Y)Largest decline over 3 years | -4.11% | -3.62% | -0.49% |
Max Drawdown (5Y)Largest decline over 5 years | -16.71% | -9.87% | -6.84% |
Current DrawdownCurrent decline from peak | -9.43% | -3.40% | -6.03% |
Average DrawdownAverage peak-to-trough decline | -11.97% | -7.42% | -4.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.75% | 1.45% | +0.30% |
Volatility
VECA.L vs. JR15.L - Volatility Comparison
Vanguard EUR Corporate Bond UCITS ETF Accumulating (VECA.L) and JPM EUR 1-5 Year IG Corporate Bond Active UCITS ETF EUR (Acc) (JR15.L) have volatilities of 1.23% and 1.18%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| VECA.L | JR15.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.23% | 1.18% | +0.05% |
Volatility (6M)Calculated over the trailing 6-month period | 3.73% | 3.14% | +0.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.64% | 4.26% | +0.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.16% | 5.50% | +0.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.36% | 6.25% | +2.11% |
VECA.L vs. JR15.L - Expense Ratio Comparison
VECA.L has a 0.09% expense ratio, which is higher than JR15.L's 0.04% 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
VECA.L vs. JR15.L - Dividend Comparison
Neither VECA.L nor JR15.L has paid dividends to shareholders.
Frequently Asked Questions
VECA.L and JR15.L have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, JR15.L is cheaper at 0.04% per year. The better choice depends on whether you care most about return, fees, risk, or income.
JR15.L is cheaper with a 0.04% expense ratio, compared with 0.09% for VECA.L.
They also come from different issuers: Vanguard and JPMorgan. Their fees differ too: 0.09% for VECA.L and 0.04% for JR15.L.
Find the right allocation for VECA.L and JR15.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