VEVE.L vs. IGLS.L
VEVE.L (Vanguard FTSE Developed World UCITS ETF Distributing) and IGLS.L (iShares UK Gilts 0-5yr UCITS ETF GBP (Dist)) are both exchange-traded funds - VEVE.L is a Global Equities fund tracking the MSCI ACWI NR USD, while IGLS.L is a European Government Bonds fund tracking the FTSE Act UK Cnvt Gilts All Stocks TR GBP. Both are passively managed. Over the past 10 years, VEVE.L returned 14.04%/yr vs 0.89%/yr for IGLS.L. At a correlation of -0.02, they often move in opposite directions. VEVE.L charges 0.12%/yr vs 0.07%/yr for IGLS.L.
Performance
VEVE.L vs. IGLS.L - Performance Comparison
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Returns By Period
In the year-to-date period, VEVE.L achieves a 11.86% return, which is significantly higher than IGLS.L's 0.26% return. Over the past 10 years, VEVE.L has outperformed IGLS.L with an annualized return of 14.04%, while IGLS.L has yielded a comparatively lower 0.89% annualized return.
VEVE.L
- 1D
- -0.07%
- 1M
- 5.51%
- YTD
- 11.86%
- 6M
- 12.36%
- 1Y
- 29.91%
- 3Y*
- 18.36%
- 5Y*
- 13.29%
- 10Y*
- 14.04%
IGLS.L
- 1D
- 0.08%
- 1M
- 0.69%
- YTD
- 0.26%
- 6M
- 0.63%
- 1Y
- 3.12%
- 3Y*
- 4.24%
- 5Y*
- 1.32%
- 10Y*
- 0.89%
VEVE.L vs. IGLS.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VEVE.L Vanguard FTSE Developed World UCITS ETF Distributing | 11.86% | 13.81% | 20.22% | 17.45% | -8.34% | 22.68% | 12.44% | 22.90% | -4.39% | 12.62% |
IGLS.L iShares UK Gilts 0-5yr UCITS ETF GBP (Dist) | 0.26% | 5.26% | 2.65% | 4.19% | -4.45% | -1.68% | 1.49% | 1.05% | 0.13% | -0.38% |
Correlation
The correlation between VEVE.L and IGLS.L is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.25 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.14 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.04 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.02 |
Correlation (All Time) Calculated using the full available price history since Oct 2, 2014 | -0.02 |
The correlation between VEVE.L and IGLS.L shifts across timeframes, from -0.02 (all time) to 0.25 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
VEVE.L vs. IGLS.L — Risk / Return Rank
VEVE.L
IGLS.L
VEVE.L vs. IGLS.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard FTSE Developed World UCITS ETF Distributing (VEVE.L) and iShares UK Gilts 0-5yr UCITS ETF GBP (Dist) (IGLS.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.
| VEVE.L | IGLS.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.33 | ||
| Sortino ratioReturn per unit of downside risk | +1.69 | ||
| Omega ratioGain probability vs. loss probability | 1.55 | 1.31 | +0.25 |
| Calmar ratioReturn relative to maximum drawdown | 4.29 | 1.59 | +2.70 |
| Martin ratioReturn relative to average drawdown | 17.65 | 5.45 | +12.19 |
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
| VEVE.L | IGLS.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.89 | 1.56 | +1.33 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.01 | 0.49 | +0.52 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.98 | 0.41 | +0.57 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.91 | 0.69 | +0.23 |
Drawdowns
VEVE.L vs. IGLS.L - Drawdown Comparison
The maximum VEVE.L drawdown since its inception was -25.52%, which is greater than IGLS.L's maximum drawdown of -9.54%. Use the drawdown chart below to compare losses from any high point for VEVE.L and IGLS.L.
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Drawdown Indicators
| VEVE.L | IGLS.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.52% | -9.54% | -15.98% |
Max Drawdown (1Y)Largest decline over 1 year | -6.94% | -1.95% | -4.99% |
Max Drawdown (3Y)Largest decline over 3 years | -18.34% | -1.95% | -16.39% |
Max Drawdown (5Y)Largest decline over 5 years | -18.34% | -8.85% | -9.49% |
Max Drawdown (10Y)Largest decline over 10 years | -25.52% | -9.54% | -15.98% |
Current DrawdownCurrent decline from peak | -0.35% | -0.65% | +0.30% |
Average DrawdownAverage peak-to-trough decline | -3.41% | -1.10% | -2.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.69% | 0.57% | +1.12% |
Volatility
VEVE.L vs. IGLS.L - Volatility Comparison
Vanguard FTSE Developed World UCITS ETF Distributing (VEVE.L) has a higher volatility of 2.72% compared to iShares UK Gilts 0-5yr UCITS ETF GBP (Dist) (IGLS.L) at 0.77%. This indicates that VEVE.L's price experiences larger fluctuations and is considered to be riskier than IGLS.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VEVE.L | IGLS.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.72% | 0.77% | +1.95% |
Volatility (6M)Calculated over the trailing 6-month period | 7.55% | 1.75% | +5.80% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.31% | 1.99% | +8.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.09% | 2.67% | +10.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.33% | 2.18% | +12.15% |
VEVE.L vs. IGLS.L - Expense Ratio Comparison
VEVE.L has a 0.12% expense ratio, which is higher than IGLS.L's 0.07% 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
VEVE.L vs. IGLS.L - Dividend Comparison
VEVE.L's dividend yield for the trailing twelve months is around 1.23%, less than IGLS.L's 3.99% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IGLS.L iShares UK Gilts 0-5yr UCITS ETF GBP (Dist) | 3.99% | 3.88% | 3.67% | 1.62% | 0.30% | 0.25% | 0.53% | 0.46% | 0.33% | 0.53% | 0.88% | 0.48% |
VEVE.L Vanguard FTSE Developed World UCITS ETF Distributing | 1.23% | 1.38% | 1.48% | 1.71% | 1.98% | 1.46% | 1.62% | 1.95% | 2.24% | 1.93% | 1.88% | 2.03% |
Frequently Asked Questions
VEVE.L and IGLS.L have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IGLS.L is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IGLS.L is cheaper with a 0.07% expense ratio, compared with 0.12% for VEVE.L.
VEVE.L is categorized as Global Equities, while IGLS.L is European Government Bonds. VEVE.L tracks MSCI ACWI NR USD, while IGLS.L tracks FTSE Act UK Cnvt Gilts All Stocks TR GBP. They also come from different issuers: Vanguard and iShares. Their fees differ too: 0.12% for VEVE.L and 0.07% for IGLS.L.
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