VFEG.L vs. ROLG.L
VFEG.L (Vanguard FTSE Emerging Markets UCITS ETF (USD) Accumulating) and ROLG.L (iShares Bloomberg Roll Select Commodity Swap UCITS ETF USD) are both exchange-traded funds - VFEG.L is a Emerging Markets Equities fund tracking the FTSE Emerging Index, while ROLG.L is a Commodities fund tracking the Bloomberg Roll Select Commodity. Both are passively managed. Over the past 5 years, VFEG.L returned 5.85%/yr vs 12.96%/yr for ROLG.L. At a 0.24 correlation, their price movements are largely independent. VFEG.L charges 0.17%/yr vs 0.28%/yr for ROLG.L.
Performance
VFEG.L vs. ROLG.L - Performance Comparison
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Returns By Period
In the year-to-date period, VFEG.L achieves a 9.78% return, which is significantly lower than ROLG.L's 23.13% return.
VFEG.L
- 1D
- -0.34%
- 1M
- -2.79%
- 6M
- 5.49%
- YTD
- 9.78%
- 1Y
- 21.11%
- 3Y*
- 14.82%
- 5Y*
- 5.85%
- 10Y*
- —
ROLG.L
- 1D
- -0.63%
- 1M
- 0.77%
- 6M
- 15.88%
- YTD
- 23.13%
- 1Y
- 33.33%
- 3Y*
- 13.22%
- 5Y*
- 12.96%
- 10Y*
- —
VFEG.L vs. ROLG.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
VFEG.L Vanguard FTSE Emerging Markets UCITS ETF (USD) Accumulating | 9.78% | 17.15% | 14.12% | 1.28% | -7.26% | -0.01% | 11.28% | -15.84% |
ROLG.L iShares Bloomberg Roll Select Commodity Swap UCITS ETF USD | 23.13% | 8.66% | 6.32% | -7.36% | 30.51% | 29.23% | -2.41% | -3.51% |
Correlation
The correlation between VFEG.L and ROLG.L 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 | 0.12 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Sep 24, 2019 | 0.24 |
The correlation between VFEG.L and ROLG.L shifts across timeframes, from -0.05 (1 year) to 0.24 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
VFEG.L vs. ROLG.L — Risk / Return Rank
VFEG.L
ROLG.L
VFEG.L vs. ROLG.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard FTSE Emerging Markets UCITS ETF (USD) Accumulating (VFEG.L) and iShares Bloomberg Roll Select Commodity Swap UCITS ETF USD (ROLG.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.
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.
| VFEG.L | ROLG.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.59 | ||
| Sortino ratioReturn per unit of downside risk | -0.64 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.35 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 2.34 | 2.65 | -0.32 |
| Martin ratioReturn relative to average drawdown | 7.10 | 8.98 | -1.88 |
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Drawdowns
VFEG.L vs. ROLG.L - Drawdown Comparison
The maximum VFEG.L drawdown since its inception was -34.33%, smaller than the maximum ROLG.L drawdown of -40.64%. Use the drawdown chart below to compare losses from any high point for VFEG.L and ROLG.L.
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Drawdown Indicators
| VFEG.L | ROLG.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.33% | -40.64% | +6.31% |
Max Drawdown (1Y)Largest decline over 1 year | -8.99% | -12.50% | +3.51% |
Max Drawdown (3Y)Largest decline over 3 years | -22.33% | -25.00% | +2.67% |
Max Drawdown (5Y)Largest decline over 5 years | -22.33% | -25.00% | +2.67% |
Current DrawdownCurrent decline from peak | -4.74% | -7.94% | +3.20% |
Average DrawdownAverage peak-to-trough decline | -11.74% | -18.36% | +6.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.97% | 3.70% | -0.73% |
Volatility
VFEG.L vs. ROLG.L - Volatility Comparison
Vanguard FTSE Emerging Markets UCITS ETF (USD) Accumulating (VFEG.L) has a higher volatility of 4.97% compared to iShares Bloomberg Roll Select Commodity Swap UCITS ETF USD (ROLG.L) at 4.19%. This indicates that VFEG.L's price experiences larger fluctuations and is considered to be riskier than ROLG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VFEG.L | ROLG.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.97% | 4.19% | +0.78% |
Volatility (6M)Calculated over the trailing 6-month period | 12.24% | 14.27% | -2.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.77% | 16.45% | -1.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.38% | 22.17% | -1.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.13% | 21.63% | +0.50% |
VFEG.L vs. ROLG.L - Expense Ratio Comparison
VFEG.L has a 0.17% expense ratio, which is lower than ROLG.L's 0.28% expense ratio.
Dividends
VFEG.L vs. ROLG.L - Dividend Comparison
Neither VFEG.L nor ROLG.L has paid dividends to shareholders.
Frequently Asked Questions
VFEG.L and ROLG.L 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.
On fees, VFEG.L is cheaper at 0.17% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VFEG.L is cheaper with a 0.17% expense ratio, compared with 0.28% for ROLG.L.
VFEG.L is categorized as Emerging Markets Equities, while ROLG.L is Commodities. VFEG.L tracks FTSE Emerging Index, while ROLG.L tracks Bloomberg Roll Select Commodity. They also come from different issuers: Vanguard and iShares. Their fees differ too: 0.17% for VFEG.L and 0.28% for ROLG.L.
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