VGTY.DE vs. SYB5.DE
VGTY.DE (Vanguard USD Treasury Bond UCITS ETF Distributing) and SYB5.DE (State Street SPDR Bloomberg 1-5 Year Gilt UCITS ETF (Dist)) are both Government Bonds funds - VGTY.DE tracks the Bloomberg Global Aggregate US Treasury Float Adjusted Index while SYB5.DE tracks the Bloomberg Sterling 1-5 Year Aggregate Gilts Bond Index. Both are passively managed. Over the past 5 years, VGTY.DE returned -0.07%/yr vs 1.12%/yr for SYB5.DE. At a 0.22 correlation, their price movements are largely independent. VGTY.DE charges 0.05%/yr vs 0.15%/yr for SYB5.DE.
Performance
VGTY.DE vs. SYB5.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, VGTY.DE achieves a 2.65% return, which is significantly lower than SYB5.DE's 3.56% return.
VGTY.DE
- 1D
- 0.22%
- 1M
- 1.19%
- 6M
- 1.60%
- YTD
- 2.65%
- 1Y
- 5.09%
- 3Y*
- 2.29%
- 5Y*
- -0.07%
- 10Y*
- —
SYB5.DE
- 1D
- 0.86%
- 1M
- 1.86%
- 6M
- 2.51%
- YTD
- 3.56%
- 1Y
- 4.93%
- 3Y*
- 4.85%
- 5Y*
- 1.12%
- 10Y*
- 0.47%
VGTY.DE vs. SYB5.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VGTY.DE Vanguard USD Treasury Bond UCITS ETF Distributing | 2.65% | -5.53% | 6.49% | 0.32% | -6.92% | 5.85% | -1.94% | 9.66% | 4.95% | -2.98% |
SYB5.DE State Street SPDR Bloomberg 1-5 Year Gilt UCITS ETF (Dist) | 3.56% | 0.33% | 6.69% | 5.72% | -10.68% | 5.60% | -4.05% | 6.95% | -1.42% | 0.68% |
Correlation
The correlation between VGTY.DE and SYB5.DE is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.15 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.31 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since Oct 26, 2017 | 0.22 |
The correlation between VGTY.DE and SYB5.DE shifts across timeframes, from 0.15 (1 year) to 0.31 (3 years), reflecting how their relationship changes across market environments.
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
VGTY.DE vs. SYB5.DE — Risk / Return Rank
VGTY.DE
SYB5.DE
VGTY.DE vs. SYB5.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard USD Treasury Bond UCITS ETF Distributing (VGTY.DE) and State Street SPDR Bloomberg 1-5 Year Gilt UCITS ETF (Dist) (SYB5.DE). 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.
| VGTY.DE | SYB5.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.14 | ||
| Sortino ratioReturn per unit of downside risk | -0.14 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.20 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 1.27 | 2.43 | -1.16 |
| Martin ratioReturn relative to average drawdown | 3.27 | 6.39 | -3.12 |
Loading charts...
Drawdowns
VGTY.DE vs. SYB5.DE - Drawdown Comparison
The maximum VGTY.DE drawdown since its inception was -17.51%, smaller than the maximum SYB5.DE drawdown of -26.72%. Use the drawdown chart below to compare losses from any high point for VGTY.DE and SYB5.DE.
Loading charts...
Drawdown Indicators
| VGTY.DE | SYB5.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.51% | -26.72% | +9.21% |
Max Drawdown (1Y)Largest decline over 1 year | -3.98% | -2.02% | -1.96% |
Max Drawdown (3Y)Largest decline over 3 years | -11.05% | -4.43% | -6.62% |
Max Drawdown (5Y)Largest decline over 5 years | -12.99% | -15.56% | +2.57% |
Max Drawdown (10Y)Largest decline over 10 years | — | -16.19% | — |
Current DrawdownCurrent decline from peak | -11.59% | -9.88% | -1.71% |
Average DrawdownAverage peak-to-trough decline | -9.07% | -13.58% | +4.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.55% | 0.77% | +0.78% |
Volatility
VGTY.DE vs. SYB5.DE - Volatility Comparison
Vanguard USD Treasury Bond UCITS ETF Distributing (VGTY.DE) has a higher volatility of 1.56% compared to State Street SPDR Bloomberg 1-5 Year Gilt UCITS ETF (Dist) (SYB5.DE) at 1.36%. This indicates that VGTY.DE's price experiences larger fluctuations and is considered to be riskier than SYB5.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| VGTY.DE | SYB5.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.56% | 1.36% | +0.20% |
Volatility (6M)Calculated over the trailing 6-month period | 3.77% | 3.50% | +0.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.45% | 4.56% | +0.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.98% | 6.29% | +1.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.65% | 6.93% | +0.72% |
VGTY.DE vs. SYB5.DE - Expense Ratio Comparison
VGTY.DE has a 0.05% expense ratio, which is lower than SYB5.DE's 0.15% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
VGTY.DE vs. SYB5.DE - Dividend Comparison
VGTY.DE's dividend yield for the trailing twelve months is around 4.19%, more than SYB5.DE's 3.54% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SYB5.DE State Street SPDR Bloomberg 1-5 Year Gilt UCITS ETF (Dist) | 3.54% | 3.52% | 2.66% | 1.30% | 0.19% | 0.12% | 0.48% | 0.57% | 0.40% | 0.54% | 0.94% | 0.99% |
VGTY.DE Vanguard USD Treasury Bond UCITS ETF Distributing | 4.19% | 4.49% | 3.94% | 3.47% | 2.14% | 1.17% | 1.67% | 2.35% | 2.28% | 0.30% | 0.00% | 0.00% |
Frequently Asked Questions
VGTY.DE and SYB5.DE have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VGTY.DE is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VGTY.DE is cheaper with a 0.05% expense ratio, compared with 0.15% for SYB5.DE.
VGTY.DE tracks Bloomberg Global Aggregate US Treasury Float Adjusted Index, while SYB5.DE tracks Bloomberg Sterling 1-5 Year Aggregate Gilts Bond Index. They also come from different issuers: Vanguard and State Street. Their fees differ too: 0.05% for VGTY.DE and 0.15% for SYB5.DE.
Find the right allocation for VGTY.DE and SYB5.DE
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