VETY.L vs. PFF
Compare and contrast key facts about Vanguard EUR Eurozone Government Bond UCITS ETF Distributing (VETY.L) and iShares Preferred and Income Securities ETF (PFF).
VETY.L and PFF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VETY.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 24, 2016. PFF is a passively managed fund by iShares that tracks the performance of the S&P U.S. Preferred Stock Index. It was launched on Mar 30, 2007. Both VETY.L and PFF 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: VETY.L or PFF.
Key characteristics
| VETY.L | PFF | |
|---|---|---|
| YTD Return | -5.65% | 12.38% |
| 1Y Return | -0.65% | 20.45% |
| 3Y Return (Ann) | -6.12% | 0.35% |
| 5Y Return (Ann) | -3.41% | 3.42% |
| Sharpe Ratio | -0.09 | 2.38 |
| Sortino Ratio | -0.08 | 3.32 |
| Omega Ratio | 0.99 | 1.44 |
| Calmar Ratio | -0.02 | 1.13 |
| Martin Ratio | -0.13 | 13.30 |
| Ulcer Index | 4.57% | 1.44% |
| Daily Std Dev | 6.60% | 8.07% |
| Max Drawdown | -26.39% | -65.55% |
| Current Drawdown | -24.42% | -0.14% |
Correlation
The correlation between VETY.L and PFF is 0.29, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
VETY.L vs. PFF - Performance Comparison
In the year-to-date period, VETY.L achieves a -5.65% return, which is significantly lower than PFF's 12.38% 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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VETY.L vs. PFF - Expense Ratio Comparison
VETY.L has a 0.07% expense ratio, which is lower than PFF's 0.46% expense ratio.
Risk-Adjusted Performance
VETY.L vs. PFF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard EUR Eurozone Government Bond UCITS ETF Distributing (VETY.L) and iShares Preferred and Income Securities ETF (PFF). 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
VETY.L vs. PFF - Dividend Comparison
VETY.L's dividend yield for the trailing twelve months is around 0.77%, less than PFF's 6.04% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VETY.L Vanguard EUR Eurozone Government Bond UCITS ETF Distributing | 0.77% | 2.11% | 0.54% | 0.09% | 0.17% | 0.60% | 0.63% | 0.55% | 0.37% | 0.00% | 0.00% | 0.00% |
PFF iShares Preferred and Income Securities ETF | 6.04% | 6.63% | 5.55% | 4.45% | 4.79% | 5.31% | 6.31% | 5.59% | 5.85% | 5.77% | 6.32% | 6.61% |
Drawdowns
VETY.L vs. PFF - Drawdown Comparison
The maximum VETY.L drawdown since its inception was -26.39%, smaller than the maximum PFF drawdown of -65.55%. Use the drawdown chart below to compare losses from any high point for VETY.L and PFF. For additional features, visit the drawdowns tool.
Volatility
VETY.L vs. PFF - Volatility Comparison
Vanguard EUR Eurozone Government Bond UCITS ETF Distributing (VETY.L) has a higher volatility of 2.95% compared to iShares Preferred and Income Securities ETF (PFF) at 2.53%. This indicates that VETY.L's price experiences larger fluctuations and is considered to be riskier than PFF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.