VECP.DE vs. VGWD.DE
VECP.DE (Vanguard EUR Corporate Bond UCITS ETF Distributing) and VGWD.DE (Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Distributing) are both exchange-traded funds - VECP.DE is a European Corporate Bonds fund tracking the Bloomberg Euro Corp TR EUR, while VGWD.DE is a Global Equities fund tracking the FTSE All-World High Dividend Yield index. Both are passively managed. Over the past 5 years, VECP.DE returned 0.20%/yr vs 11.49%/yr for VGWD.DE. At a 0.23 correlation, their price movements are largely independent. VECP.DE charges 0.09%/yr vs 0.29%/yr for VGWD.DE.
Performance
VECP.DE vs. VGWD.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, VECP.DE achieves a 0.52% return, which is significantly lower than VGWD.DE's 12.49% return.
VECP.DE
- 1D
- 0.10%
- 1M
- 0.70%
- YTD
- 0.52%
- 6M
- 0.36%
- 1Y
- 1.80%
- 3Y*
- 4.57%
- 5Y*
- 0.20%
- 10Y*
- —
VGWD.DE
- 1D
- 0.19%
- 1M
- 3.35%
- YTD
- 12.49%
- 6M
- 14.15%
- 1Y
- 25.00%
- 3Y*
- 15.87%
- 5Y*
- 11.49%
- 10Y*
- —
VECP.DE vs. VGWD.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VECP.DE Vanguard EUR Corporate Bond UCITS ETF Distributing | 0.52% | 3.00% | 4.33% | 7.73% | -13.11% | -0.93% | 2.85% | 6.02% | -1.10% | 0.23% |
VGWD.DE Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Distributing | 12.49% | 13.16% | 15.75% | 7.29% | 0.08% | 27.90% | -9.60% | 25.03% | -8.03% | 1.24% |
Correlation
The correlation between VECP.DE and VGWD.DE is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.47 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.35 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Oct 27, 2017 | 0.23 |
Over the past year, VECP.DE and VGWD.DE have become more correlated (0.47) than their long-term average of 0.23, meaning their price movements have been converging.
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
VECP.DE vs. VGWD.DE — Risk / Return Rank
VECP.DE
VGWD.DE
VECP.DE vs. VGWD.DE - 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 FTSE All-World High Dividend Yield UCITS ETF USD Distributing (VGWD.DE). 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 | VGWD.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.14 | ||
| Sortino ratioReturn per unit of downside risk | -2.95 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.50 | -0.40 |
| Calmar ratioReturn relative to maximum drawdown | 0.68 | 4.28 | -3.60 |
| Martin ratioReturn relative to average drawdown | 2.33 | 16.37 | -14.04 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| VECP.DE | VGWD.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.56 | 2.70 | -2.14 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.04 | 0.99 | -0.94 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.18 | 0.64 | -0.46 |
Drawdowns
VECP.DE vs. VGWD.DE - Drawdown Comparison
The maximum VECP.DE drawdown since its inception was -17.05%, smaller than the maximum VGWD.DE drawdown of -34.57%. Use the drawdown chart below to compare losses from any high point for VECP.DE and VGWD.DE.
Loading charts...
Drawdown Indicators
| VECP.DE | VGWD.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.05% | -34.57% | +17.52% |
Max Drawdown (1Y)Largest decline over 1 year | -2.65% | -5.82% | +3.17% |
Max Drawdown (3Y)Largest decline over 3 years | -2.65% | -16.86% | +14.21% |
Max Drawdown (5Y)Largest decline over 5 years | -17.05% | -16.86% | -0.19% |
Current DrawdownCurrent decline from peak | -0.67% | -0.32% | -0.35% |
Average DrawdownAverage peak-to-trough decline | -4.33% | -4.05% | -0.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.77% | 1.52% | -0.75% |
Volatility
VECP.DE vs. VGWD.DE - Volatility Comparison
The current volatility for Vanguard EUR Corporate Bond UCITS ETF Distributing (VECP.DE) is 1.22%, while Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Distributing (VGWD.DE) has a volatility of 2.33%. This indicates that VECP.DE experiences smaller price fluctuations and is considered to be less risky than VGWD.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| VECP.DE | VGWD.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.22% | 2.33% | -1.11% |
Volatility (6M)Calculated over the trailing 6-month period | 2.76% | 6.95% | -4.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.20% | 9.21% | -6.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.50% | 11.52% | -7.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.08% | 14.23% | -9.15% |
VECP.DE vs. VGWD.DE - Expense Ratio Comparison
VECP.DE has a 0.09% expense ratio, which is lower than VGWD.DE's 0.29% expense ratio.
Dividends
VECP.DE vs. VGWD.DE - Dividend Comparison
VECP.DE's dividend yield for the trailing twelve months is around 3.41%, more than VGWD.DE's 2.49% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
VECP.DE Vanguard EUR Corporate Bond UCITS ETF Distributing | 3.41% | 3.43% | 3.37% | 3.00% | 1.45% | 0.66% | 0.76% | 0.79% | 0.97% | 0.19% |
VGWD.DE Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Distributing | 2.49% | 2.84% | 3.05% | 3.39% | 3.78% | 3.03% | 3.08% | 3.21% | 3.70% | 0.58% |
Frequently Asked Questions
VECP.DE and VGWD.DE have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VECP.DE is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VECP.DE is cheaper with a 0.09% expense ratio, compared with 0.29% for VGWD.DE.
VECP.DE is categorized as European Corporate Bonds, while VGWD.DE is Global Equities. VECP.DE tracks Bloomberg Euro Corp TR EUR, while VGWD.DE tracks FTSE All-World High Dividend Yield index. Their fees differ too: 0.09% for VECP.DE and 0.29% for VGWD.DE.
Find the right allocation for VECP.DE and VGWD.DE
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