VGCAX vs. VAGP.L
Compare and contrast key facts about Vanguard Global Credit Bond Fund Admiral Shares (VGCAX) and Vanguard Global Aggregate Bond UCITS ETF GBP Hedged Distributing (VAGP.L).
VGCAX is managed by Vanguard. It was launched on Nov 15, 2018. VAGP.L is a passively managed fund by Vanguard that tracks the performance of the Bloomberg Global Aggregate TR Hdg GBP. It was launched on Jun 18, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VGCAX or VAGP.L.
Key characteristics
| VGCAX | VAGP.L | |
|---|---|---|
| YTD Return | 4.05% | -0.24% |
| 1Y Return | 9.54% | 3.66% |
| 3Y Return (Ann) | -0.68% | -4.39% |
| 5Y Return (Ann) | 1.72% | -2.41% |
| Sharpe Ratio | 2.29 | 0.86 |
| Sortino Ratio | 3.54 | 1.25 |
| Omega Ratio | 1.42 | 1.15 |
| Calmar Ratio | 0.90 | 0.22 |
| Martin Ratio | 11.64 | 2.26 |
| Ulcer Index | 0.92% | 1.75% |
| Daily Std Dev | 4.69% | 4.69% |
| Max Drawdown | -18.63% | -20.46% |
| Current Drawdown | -3.19% | -15.04% |
Correlation
The correlation between VGCAX and VAGP.L is 0.46, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
VGCAX vs. VAGP.L - Performance Comparison
In the year-to-date period, VGCAX achieves a 4.05% return, which is significantly higher than VAGP.L's -0.24% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
VGCAX vs. VAGP.L - Expense Ratio Comparison
VGCAX has a 0.25% expense ratio, which is higher than VAGP.L's 0.10% 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%.
Risk-Adjusted Performance
VGCAX vs. VAGP.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Global Credit Bond Fund Admiral Shares (VGCAX) and Vanguard Global Aggregate Bond UCITS ETF GBP Hedged Distributing (VAGP.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.
Dividends
VGCAX vs. VAGP.L - Dividend Comparison
VGCAX's dividend yield for the trailing twelve months is around 4.53%, more than VAGP.L's 0.03% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
VGCAX Vanguard Global Credit Bond Fund Admiral Shares | 4.53% | 4.49% | 2.72% | 1.62% | 2.35% | 3.66% | 0.36% |
VAGP.L Vanguard Global Aggregate Bond UCITS ETF GBP Hedged Distributing | 0.03% | 0.02% | 0.01% | 0.01% | 0.01% | 0.01% | 0.00% |
Drawdowns
VGCAX vs. VAGP.L - Drawdown Comparison
The maximum VGCAX drawdown since its inception was -18.63%, smaller than the maximum VAGP.L drawdown of -20.46%. Use the drawdown chart below to compare losses from any high point for VGCAX and VAGP.L. For additional features, visit the drawdowns tool.
Volatility
VGCAX vs. VAGP.L - Volatility Comparison
The current volatility for Vanguard Global Credit Bond Fund Admiral Shares (VGCAX) is 1.22%, while Vanguard Global Aggregate Bond UCITS ETF GBP Hedged Distributing (VAGP.L) has a volatility of 2.95%. This indicates that VGCAX experiences smaller price fluctuations and is considered to be less risky than VAGP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.