VETA.L vs. JER5.DE
VETA.L (Vanguard EUR Eurozone Government Bond UCITS ETF Accumulating) and JER5.DE (JPMorgan EUR Corporate Bond 1-5 yr Research Enhanced Index (ESG) UCITS ETF) are both exchange-traded funds - VETA.L is a European Government Bonds fund tracking the Bloomberg Euro Agg Govt TR EUR, while JER5.DE is a European Corporate Bonds fund tracking the JP Morgan EUR Corporate Bond 1-5 Research Enhanced Index (ESG). Both are passively managed. Over the past 5 years, VETA.L returned -2.10%/yr vs 1.29%/yr for JER5.DE. A 0.66 correlation means they provide meaningful diversification when combined. VETA.L charges 0.07%/yr vs 0.04%/yr for JER5.DE.
Performance
VETA.L vs. JER5.DE - Performance Comparison
Loading charts...
Different Trading Currencies
VETA.L is traded in GBP, while JER5.DE is traded in EUR. To make them comparable, the JER5.DE values have been converted to GBP using the latest available exchange rates.
Returns By Period
In the year-to-date period, VETA.L achieves a -0.82% return, which is significantly lower than JER5.DE's -0.31% return.
VETA.L
- 1D
- 0.23%
- 1M
- 0.78%
- YTD
- -0.82%
- 6M
- -0.92%
- 1Y
- 2.67%
- 3Y*
- 2.47%
- 5Y*
- -2.10%
- 10Y*
- —
JER5.DE
- 1D
- 0.18%
- 1M
- 0.85%
- YTD
- -0.31%
- 6M
- -0.56%
- 1Y
- 4.83%
- 3Y*
- 4.47%
- 5Y*
- 1.29%
- 10Y*
- —
VETA.L vs. JER5.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
VETA.L Vanguard EUR Eurozone Government Bond UCITS ETF Accumulating | -0.82% | 5.79% | -2.93% | 4.76% | -13.59% | -9.77% | 10.65% | 3.88% |
JER5.DE JPMorgan EUR Corporate Bond 1-5 yr Research Enhanced Index (ESG) UCITS ETF | -0.31% | 8.81% | -0.24% | 4.10% | -2.77% | -7.30% | 6.43% | -0.18% |
Correlation
The correlation between VETA.L and JER5.DE is 0.73, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.73 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.70 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.68 |
Correlation (All Time) Calculated using the full available price history since Feb 22, 2019 | 0.66 |
The correlation between VETA.L and JER5.DE has been stable across timeframes, ranging from 0.66 to 0.73 - 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
VETA.L vs. JER5.DE — Risk / Return Rank
VETA.L
JER5.DE
VETA.L vs. JER5.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard EUR Eurozone Government Bond UCITS ETF Accumulating (VETA.L) and JPMorgan EUR Corporate Bond 1-5 yr Research Enhanced Index (ESG) UCITS ETF (JER5.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.
| VETA.L | JER5.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.62 | ||
| Sortino ratioReturn per unit of downside risk | -0.91 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.20 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 0.57 | 1.50 | -0.93 |
| Martin ratioReturn relative to average drawdown | 1.29 | 3.79 | -2.50 |
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
| VETA.L | JER5.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.49 | 1.11 | -0.62 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.28 | 0.23 | -0.51 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.08 | 0.12 | -0.19 |
Drawdowns
VETA.L vs. JER5.DE - Drawdown Comparison
The maximum VETA.L drawdown since its inception was -26.60%, which is greater than JER5.DE's maximum drawdown of -15.77%. Use the drawdown chart below to compare losses from any high point for VETA.L and JER5.DE.
Loading charts...
Drawdown Indicators
| VETA.L | JER5.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.60% | -15.77% | -10.83% |
Max Drawdown (1Y)Largest decline over 1 year | -4.66% | -3.20% | -1.46% |
Max Drawdown (3Y)Largest decline over 3 years | -6.23% | -3.20% | -3.03% |
Max Drawdown (5Y)Largest decline over 5 years | -20.71% | -9.85% | -10.86% |
Current DrawdownCurrent decline from peak | -18.72% | -1.72% | -17.00% |
Average DrawdownAverage peak-to-trough decline | -15.05% | -7.57% | -7.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.07% | 1.27% | +0.80% |
Volatility
VETA.L vs. JER5.DE - Volatility Comparison
Vanguard EUR Eurozone Government Bond UCITS ETF Accumulating (VETA.L) has a higher volatility of 1.85% compared to JPMorgan EUR Corporate Bond 1-5 yr Research Enhanced Index (ESG) UCITS ETF (JER5.DE) at 1.11%. This indicates that VETA.L's price experiences larger fluctuations and is considered to be riskier than JER5.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| VETA.L | JER5.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.85% | 1.11% | +0.74% |
Volatility (6M)Calculated over the trailing 6-month period | 4.18% | 3.08% | +1.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.43% | 4.33% | +1.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.49% | 5.46% | +2.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.96% | 6.18% | +1.78% |
VETA.L vs. JER5.DE - Expense Ratio Comparison
VETA.L has a 0.07% expense ratio, which is higher than JER5.DE'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
VETA.L vs. JER5.DE - Dividend Comparison
Neither VETA.L nor JER5.DE has paid dividends to shareholders.
Frequently Asked Questions
VETA.L and JER5.DE have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, JER5.DE is cheaper at 0.04% per year. The better choice depends on whether you care most about return, fees, risk, or income.
JER5.DE is cheaper with a 0.04% expense ratio, compared with 0.07% for VETA.L.
VETA.L is categorized as European Government Bonds, while JER5.DE is European Corporate Bonds. VETA.L tracks Bloomberg Euro Agg Govt TR EUR, while JER5.DE tracks JP Morgan EUR Corporate Bond 1-5 Research Enhanced Index (ESG). They also come from different issuers: Vanguard and JPMorgan. Their fees differ too: 0.07% for VETA.L and 0.04% for JER5.DE.
Find the right allocation for VETA.L and JER5.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