VETA.L vs. SYBB.DE
Compare and contrast key facts about Vanguard EUR Eurozone Government Bond UCITS ETF Accumulating (VETA.L) and SPDR Bloomberg Euro Government Bond UCITS ETF Dist (SYBB.DE).
VETA.L and SYBB.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VETA.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 19, 2019. SYBB.DE is a passively managed fund by State Street that tracks the performance of the Bloomberg Euro Treasury Bond. It was launched on May 23, 2011. Both VETA.L and SYBB.DE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VETA.L or SYBB.DE.
Key characteristics
| VETA.L | SYBB.DE | |
|---|---|---|
| YTD Return | -1.23% | 1.21% |
| 1Y Return | 6.08% | 8.24% |
| 3Y Return (Ann) | -4.55% | -4.35% |
| 5Y Return (Ann) | -3.46% | -2.63% |
| Sharpe Ratio | 0.96 | 1.35 |
| Daily Std Dev | 6.35% | 5.73% |
| Max Drawdown | -26.60% | -22.70% |
| Current Drawdown | -21.17% | -14.86% |
Correlation
The correlation between VETA.L and SYBB.DE is 0.86, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
VETA.L vs. SYBB.DE - Performance Comparison
In the year-to-date period, VETA.L achieves a -1.23% return, which is significantly lower than SYBB.DE's 1.21% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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VETA.L vs. SYBB.DE - Expense Ratio Comparison
VETA.L has a 0.07% expense ratio, which is lower than SYBB.DE's 0.10% 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%.
Risk-Adjusted Performance
VETA.L vs. SYBB.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard EUR Eurozone Government Bond UCITS ETF Accumulating (VETA.L) and SPDR Bloomberg Euro Government Bond UCITS ETF Dist (SYBB.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.
Dividends
VETA.L vs. SYBB.DE - Dividend Comparison
VETA.L has not paid dividends to shareholders, while SYBB.DE's dividend yield for the trailing twelve months is around 1.45%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VETA.L Vanguard EUR Eurozone Government 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% |
SYBB.DE SPDR Bloomberg Euro Government Bond UCITS ETF Dist | 1.45% | 0.76% | 0.18% | 0.08% | 0.28% | 0.59% | 0.66% | 0.73% | 0.82% | 1.26% | 1.87% | 2.51% |
Drawdowns
VETA.L vs. SYBB.DE - Drawdown Comparison
The maximum VETA.L drawdown since its inception was -26.60%, which is greater than SYBB.DE's maximum drawdown of -22.70%. Use the drawdown chart below to compare losses from any high point for VETA.L and SYBB.DE. For additional features, visit the drawdowns tool.
Volatility
VETA.L vs. SYBB.DE - Volatility Comparison
Vanguard EUR Eurozone Government Bond UCITS ETF Accumulating (VETA.L) has a higher volatility of 2.39% compared to SPDR Bloomberg Euro Government Bond UCITS ETF Dist (SYBB.DE) at 2.09%. This indicates that VETA.L's price experiences larger fluctuations and is considered to be riskier than SYBB.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.