VETA.L vs. VWRL.L
VETA.L (Vanguard EUR Eurozone Government Bond UCITS ETF Accumulating) and VWRL.L (Vanguard FTSE All-World UCITS ETF Distributing) are both exchange-traded funds - VETA.L is a European Government Bonds fund tracking the Bloomberg Euro Agg Govt TR EUR, while VWRL.L is a Global Equities fund tracking the FTSE All-World Index. Both are passively managed. Over the past 5 years, VETA.L returned -2.10%/yr vs 12.45%/yr for VWRL.L. At a 0.10 correlation, their price movements are largely independent. VETA.L charges 0.07%/yr vs 0.19%/yr for VWRL.L.
Performance
VETA.L vs. VWRL.L - Performance Comparison
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Returns By Period
In the year-to-date period, VETA.L achieves a -0.82% return, which is significantly lower than VWRL.L's 11.87% 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*
- —
VWRL.L
- 1D
- -0.06%
- 1M
- 5.33%
- YTD
- 11.87%
- 6M
- 12.31%
- 1Y
- 29.86%
- 3Y*
- 17.97%
- 5Y*
- 12.45%
- 10Y*
- 13.48%
VETA.L vs. VWRL.L - 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% |
VWRL.L Vanguard FTSE All-World UCITS ETF Distributing | 11.87% | 13.99% | 19.59% | 15.61% | -8.44% | 20.04% | 12.13% | 13.66% |
Correlation
The correlation between VETA.L and VWRL.L is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.27 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.13 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.08 |
Correlation (All Time) Calculated using the full available price history since Feb 22, 2019 | 0.10 |
The correlation between VETA.L and VWRL.L shifts across timeframes, from 0.08 (5 years) to 0.27 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
VETA.L vs. VWRL.L — Risk / Return Rank
VETA.L
VWRL.L
VETA.L vs. VWRL.L - 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 Vanguard FTSE All-World UCITS ETF Distributing (VWRL.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.
| VETA.L | VWRL.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.39 | ||
| Sortino ratioReturn per unit of downside risk | -3.23 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.55 | -0.47 |
| Calmar ratioReturn relative to maximum drawdown | 0.57 | 4.20 | -3.63 |
| Martin ratioReturn relative to average drawdown | 1.29 | 17.09 | -15.81 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| VETA.L | VWRL.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.49 | 2.88 | -2.39 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.28 | 0.97 | -1.25 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.94 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.08 | 0.95 | -1.03 |
Drawdowns
VETA.L vs. VWRL.L - Drawdown Comparison
The maximum VETA.L drawdown since its inception was -26.60%, which is greater than VWRL.L's maximum drawdown of -24.98%. Use the drawdown chart below to compare losses from any high point for VETA.L and VWRL.L.
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Drawdown Indicators
| VETA.L | VWRL.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.60% | -24.98% | -1.62% |
Max Drawdown (1Y)Largest decline over 1 year | -4.66% | -7.08% | +2.42% |
Max Drawdown (3Y)Largest decline over 3 years | -6.23% | -17.48% | +11.25% |
Max Drawdown (5Y)Largest decline over 5 years | -20.71% | -17.48% | -3.23% |
Max Drawdown (10Y)Largest decline over 10 years | — | -24.98% | — |
Current DrawdownCurrent decline from peak | -18.72% | -0.48% | -18.24% |
Average DrawdownAverage peak-to-trough decline | -15.05% | -3.30% | -11.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.07% | 1.74% | +0.33% |
Volatility
VETA.L vs. VWRL.L - Volatility Comparison
The current volatility for Vanguard EUR Eurozone Government Bond UCITS ETF Accumulating (VETA.L) is 1.85%, while Vanguard FTSE All-World UCITS ETF Distributing (VWRL.L) has a volatility of 2.97%. This indicates that VETA.L experiences smaller price fluctuations and is considered to be less risky than VWRL.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VETA.L | VWRL.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.85% | 2.97% | -1.12% |
Volatility (6M)Calculated over the trailing 6-month period | 4.18% | 7.64% | -3.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.43% | 10.34% | -4.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.49% | 12.86% | -5.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.96% | 14.25% | -6.29% |
VETA.L vs. VWRL.L - Expense Ratio Comparison
VETA.L has a 0.07% expense ratio, which is lower than VWRL.L's 0.19% 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%.
Dividends
VETA.L vs. VWRL.L - Dividend Comparison
VETA.L has not paid dividends to shareholders, while VWRL.L's dividend yield for the trailing twelve months is around 1.24%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
VWRL.L Vanguard FTSE All-World UCITS ETF Distributing | 1.24% | 1.39% | 1.49% | 1.72% | 2.03% | 1.45% | 1.58% | 1.95% | 2.22% | 1.90% | 1.85% | 2.00% |
Frequently Asked Questions
VETA.L and VWRL.L have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VETA.L is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VETA.L is cheaper with a 0.07% expense ratio, compared with 0.19% for VWRL.L.
VETA.L is categorized as European Government Bonds, while VWRL.L is Global Equities. VETA.L tracks Bloomberg Euro Agg Govt TR EUR, while VWRL.L tracks FTSE All-World Index. Their fees differ too: 0.07% for VETA.L and 0.19% for VWRL.L.
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