VECP.DE vs. VETY.L

Last updated Apr 3, 2026

Compare and contrast key facts about Vanguard EUR Corporate Bond UCITS ETF Distributing (VECP.DE) and Vanguard EUR Eurozone Government Bond UCITS ETF Distributing (VETY.L).

VECP.DE and VETY.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VECP.DE is a passively managed fund by Vanguard that tracks the performance of the Bloomberg Euro Corp TR EUR. It was launched on Feb 24, 2016. VETY.L is a passively managed fund by Vanguard that tracks the performance of the Bloomberg Euro Agg Govt TR EUR. It was launched on Feb 24, 2016. Both VECP.DE and VETY.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

VECP.DE vs. VETY.L - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Vanguard EUR Corporate Bond UCITS ETF Distributing (VECP.DE) and Vanguard EUR Eurozone Government Bond UCITS ETF Distributing (VETY.L). The values are adjusted to include any dividend payments, if applicable.

VECP.DE vs. VETY.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VECP.DE Vanguard EUR Corporate Bond UCITS ETF Distributing	-0.58%	3.00%	4.33%	7.73%	-13.11%	-0.93%	2.85%	6.02%	-1.10%	0.23%
VETY.L Vanguard EUR Eurozone Government Bond UCITS ETF Distributing	-1.09%	-2.55%	-0.57%	7.31%	-18.00%	-3.89%	4.65%	8.08%	0.61%	-0.32%

Different Trading Currencies

VECP.DE is traded in EUR, while VETY.L is traded in GBP. To make them comparable, the VETY.L values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, VECP.DE achieves a -0.58% return, which is significantly higher than VETY.L's -1.09% return.

VECP.DE

• 1D: 0.15%
• 1M: -1.19%
• YTD: -0.58%
• 6M: -0.51%
• 1Y: 2.26%
• 3Y*: 4.18%
• 5Y*: -0.07%
• 10Y*: —

VETY.L

• 1D: 0.08%
• 1M: -1.67%
• YTD: -1.09%
• 6M: -1.51%
• 1Y: -1.94%
• 3Y*: 0.11%
• 5Y*: -3.60%
• 10Y*: -0.84%

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

VECP.DE vs. VETY.L - Expense Ratio Comparison

VECP.DE has a 0.09% expense ratio, which is higher than VETY.L's 0.07% 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%.

VECP.DE

Vanguard EUR Corporate Bond UCITS ETF Distributing

VETY.L

Vanguard EUR Eurozone Government Bond UCITS ETF Distributing

Return for Risk

VECP.DE vs. VETY.L — Risk / Return Rank

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

VECP.DE

VECP.DE Risk / Return Rank: 31
VECP.DE Sharpe Ratio Rank: 37
VECP.DE Sortino Ratio Rank: 33
VECP.DE Omega Ratio Rank: 30
VECP.DE Calmar Ratio Rank: 26
VECP.DE Martin Ratio Rank: 32

VETY.L

VETY.L Risk / Return Rank: 19
VETY.L Sharpe Ratio Rank: 22
VETY.L Sortino Ratio Rank: 20
VETY.L Omega Ratio Rank: 19
VETY.L Calmar Ratio Rank: 16
VETY.L Martin Ratio Rank: 15

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.

VECP.DE vs. VETY.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard EUR Corporate Bond UCITS ETF Distributing (VECP.DE) and Vanguard EUR Eurozone Government Bond UCITS ETF Distributing (VETY.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.

	VECP.DE	VETY.L	Difference
Sharpe ratio Return per unit of total volatility	0.75	-0.38	+1.12
Sortino ratio Return per unit of downside risk	1.05	-0.50	+1.55
Omega ratio Gain probability vs. loss probability	1.13	0.94	+0.19
Calmar ratio Return relative to maximum drawdown	0.82	-0.38	+1.20
Martin ratio Return relative to average drawdown	3.54	-0.94	+4.49
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VECP.DE vs. VETY.L - Sharpe Ratio Comparison

The current VECP.DE Sharpe Ratio is 0.75, which is higher than the VETY.L Sharpe Ratio of -0.38. The chart below compares the historical Sharpe Ratios of VECP.DE and VETY.L, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	VECP.DE	VETY.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.75	-0.38	+1.12
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.02	-0.51	+0.50
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	-0.13	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.16	-0.07	+0.23

Correlation

The correlation between VECP.DE and VETY.L is 0.56, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

VECP.DE vs. VETY.L - Dividend Comparison

VECP.DE's dividend yield for the trailing twelve months is around 3.42%, while VETY.L has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
VECP.DE Vanguard EUR Corporate Bond UCITS ETF Distributing	3.42%	3.43%	3.37%	3.00%	1.45%	0.66%	0.76%	0.79%	0.97%	0.19%	0.00%
VETY.L Vanguard EUR Eurozone Government Bond UCITS ETF Distributing	0.00%	0.00%	0.28%	2.11%	0.54%	0.09%	0.17%	0.60%	0.63%	0.54%	0.37%

Drawdowns

VECP.DE vs. VETY.L - Drawdown Comparison

The maximum VECP.DE drawdown since its inception was -17.05%, smaller than the maximum VETY.L drawdown of -22.44%. Use the drawdown chart below to compare losses from any high point for VECP.DE and VETY.L.

Drawdown Indicators

	VECP.DE	VETY.L	Difference
Max Drawdown Largest peak-to-trough decline	-17.05%	-26.39%	+9.34%
Max Drawdown (1Y) Largest decline over 1 year	-2.65%	-5.11%	+2.46%
Max Drawdown (5Y) Largest decline over 5 years	-17.05%	-20.49%	+3.44%
Max Drawdown (10Y) Largest decline over 10 years	—	-26.39%	—
Current Drawdown Current decline from peak	-1.75%	-22.83%	+21.08%
Average Drawdown Average peak-to-trough decline	-4.39%	-12.32%	+7.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.61%	2.07%	-1.46%

Volatility

VECP.DE vs. VETY.L - Volatility Comparison

The current volatility for Vanguard EUR Corporate Bond UCITS ETF Distributing (VECP.DE) is 1.46%, while Vanguard EUR Eurozone Government Bond UCITS ETF Distributing (VETY.L) has a volatility of 2.07%. This indicates that VECP.DE experiences smaller price fluctuations and is considered to be less risky than VETY.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VECP.DE	VETY.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.46%	2.07%	-0.61%
Volatility (6M) Calculated over the trailing 6-month period	2.08%	3.25%	-1.17%
Volatility (1Y) Calculated over the trailing 1-year period	3.01%	5.13%	-2.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.43%	7.04%	-2.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.09%	6.60%	-1.51%