VETY.L vs. BTC-USD
VETY.L (Vanguard EUR Eurozone Government Bond UCITS ETF Distributing) is European Government Bonds fund tracking the Bloomberg Euro Agg Govt TR EUR, while BTC-USD (Bitcoin) is a cryptocurrency. Over the past 10 years, VETY.L returned 0.03%/yr vs 57.35%/yr for BTC-USD. At a 0.04 correlation, their price movements are largely independent.
Performance
VETY.L vs. BTC-USD - Performance Comparison
Loading charts...
Different Trading Currencies
VETY.L is traded in GBP, while BTC-USD is traded in USD. To make them comparable, the BTC-USD values have been converted to GBP using the latest available exchange rates.
Returns By Period
In the year-to-date period, VETY.L achieves a -0.07% return, which is significantly higher than BTC-USD's -28.74% return. Over the past 10 years, VETY.L has underperformed BTC-USD with an annualized return of 0.03%, while BTC-USD has yielded a comparatively higher 57.35% annualized return.
VETY.L
- 1D
- -0.05%
- 1M
- 0.54%
- YTD
- -0.07%
- 6M
- 0.09%
- 1Y
- 2.22%
- 3Y*
- 2.64%
- 5Y*
- -1.89%
- 10Y*
- 0.03%
BTC-USD
- 1D
- 0.00%
- 1M
- -17.93%
- YTD
- -28.74%
- 6M
- -28.21%
- 1Y
- -41.14%
- 3Y*
- 24.79%
- 5Y*
- 15.24%
- 10Y*
- 57.35%
VETY.L vs. BTC-USD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VETY.L Vanguard EUR Eurozone Government Bond UCITS ETF Distributing | -0.07% | 5.77% | -2.94% | 4.81% | -13.61% | -9.79% | 10.62% | 1.55% | 1.79% | 3.47% |
BTC-USD Bitcoin | -30.49% | -12.95% | 125.81% | 140.73% | -59.81% | 60.91% | 292.68% | 86.71% | -73.15% | 1,284.82% |
Correlation
The correlation between VETY.L and BTC-USD is -0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.03 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.01 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.03 |
Correlation (All Time) Calculated using the full available price history since Feb 24, 2016 | 0.04 |
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
VETY.L vs. BTC-USD — Risk / Return Rank
VETY.L
BTC-USD
VETY.L vs. BTC-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard EUR Eurozone Government Bond UCITS ETF Distributing (VETY.L) and Bitcoin (BTC-USD). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| VETY.L | BTC-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.40 | ||
| Sortino ratioReturn per unit of downside risk | +2.02 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 0.85 | +0.22 |
| Calmar ratioReturn relative to maximum drawdown | 0.47 | -0.81 | +1.29 |
| Martin ratioReturn relative to average drawdown | 1.01 | -1.35 | +2.36 |
Loading charts...
Drawdowns
VETY.L vs. BTC-USD - Drawdown Comparison
The maximum VETY.L drawdown since its inception was -26.62%, smaller than the maximum BTC-USD drawdown of -84.19%. Use the drawdown chart below to compare losses from any high point for VETY.L and BTC-USD.
Loading charts...
Drawdown Indicators
| VETY.L | BTC-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.62% | -84.19% | +57.57% |
Max Drawdown (1Y)Largest decline over 1 year | -4.67% | -50.55% | +45.88% |
Max Drawdown (3Y)Largest decline over 3 years | -6.32% | -50.55% | +44.23% |
Max Drawdown (5Y)Largest decline over 5 years | -20.73% | -73.24% | +52.51% |
Max Drawdown (10Y)Largest decline over 10 years | -26.62% | -82.15% | +55.53% |
Current DrawdownCurrent decline from peak | -18.13% | -49.98% | +31.85% |
Average DrawdownAverage peak-to-trough decline | -12.09% | -40.40% | +28.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.20% | 31.98% | -29.78% |
Volatility
VETY.L vs. BTC-USD - Volatility Comparison
The current volatility for Vanguard EUR Eurozone Government Bond UCITS ETF Distributing (VETY.L) is 1.46%, while Bitcoin (BTC-USD) has a volatility of 11.69%. This indicates that VETY.L experiences smaller price fluctuations and is considered to be less risky than BTC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| VETY.L | BTC-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.46% | 11.69% | -10.23% |
Volatility (6M)Calculated over the trailing 6-month period | 4.27% | 33.94% | -29.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.41% | 34.63% | -29.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.52% | 43.95% | -36.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.23% | 55.40% | -47.17% |
Frequently Asked Questions
VETY.L and BTC-USD have a correlation of -0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for VETY.L and BTC-USD
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