VGTY.DE vs. VAGF.DE
VGTY.DE (Vanguard USD Treasury Bond UCITS ETF Distributing) and VAGF.DE (Vanguard Global Aggregate Bond UCITS ETF (EUR Hedged) Acc) are both exchange-traded funds - VGTY.DE is a Government Bonds fund tracking the Bloomberg Global Aggregate US Treasury Float Adjusted Index, while VAGF.DE is a Global Bonds fund tracking the Bloomberg Global Aggregate Float Adjusted and Scaled (EUR Hedged). Both are passively managed. Over the past 5 years, VGTY.DE returned 0.20%/yr vs -1.66%/yr for VAGF.DE. At a 0.36 correlation, their price movements are largely independent. VGTY.DE charges 0.05%/yr vs 0.10%/yr for VAGF.DE.
Performance
VGTY.DE vs. VAGF.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, VGTY.DE achieves a 0.80% return, which is significantly higher than VAGF.DE's -0.68% return.
VGTY.DE
- 1D
- 0.08%
- 1M
- 0.76%
- YTD
- 0.80%
- 6M
- 0.01%
- 1Y
- 1.03%
- 3Y*
- -0.33%
- 5Y*
- 0.20%
- 10Y*
- —
VAGF.DE
- 1D
- 0.09%
- 1M
- 0.25%
- YTD
- -0.68%
- 6M
- -0.51%
- 1Y
- 1.20%
- 3Y*
- 2.04%
- 5Y*
- -1.66%
- 10Y*
- —
VGTY.DE vs. VAGF.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
VGTY.DE Vanguard USD Treasury Bond UCITS ETF Distributing | 0.80% | -5.99% | 6.16% | 0.04% | -6.98% | 5.64% | -2.09% | 2.07% |
VAGF.DE Vanguard Global Aggregate Bond UCITS ETF (EUR Hedged) Acc | -0.68% | 3.23% | 0.82% | 4.53% | -14.84% | -2.97% | 5.07% | 0.73% |
Correlation
The correlation between VGTY.DE and VAGF.DE is 0.04, 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 | 0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.32 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.35 |
Correlation (All Time) Calculated using the full available price history since Jun 21, 2019 | 0.36 |
Over the past year, the correlation between VGTY.DE and VAGF.DE has dropped to 0.04 - well below their long-term average of 0.36, suggesting their price drivers have been diverging.
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. VAGF.DE — Risk / Return Rank
VGTY.DE
VAGF.DE
VGTY.DE vs. VAGF.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 Vanguard Global Aggregate Bond UCITS ETF (EUR Hedged) Acc (VAGF.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.
| VGTY.DE | VAGF.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.14 | ||
| Sortino ratioReturn per unit of downside risk | -0.19 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 1.06 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 0.25 | 0.38 | -0.13 |
| Martin ratioReturn relative to average drawdown | 0.62 | 1.06 | -0.44 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| VGTY.DE | VAGF.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.19 | 0.33 | -0.14 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.02 | -0.33 | +0.36 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.13 | -0.17 | +0.30 |
Drawdowns
VGTY.DE vs. VAGF.DE - Drawdown Comparison
The maximum VGTY.DE drawdown since its inception was -17.97%, smaller than the maximum VAGF.DE drawdown of -19.57%. Use the drawdown chart below to compare losses from any high point for VGTY.DE and VAGF.DE.
Loading charts...
Drawdown Indicators
| VGTY.DE | VAGF.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.97% | -19.57% | +1.60% |
Max Drawdown (1Y)Largest decline over 1 year | -4.08% | -3.11% | -0.97% |
Max Drawdown (3Y)Largest decline over 3 years | -11.23% | -4.45% | -6.78% |
Max Drawdown (5Y)Largest decline over 5 years | -13.16% | -18.79% | +5.63% |
Current DrawdownCurrent decline from peak | -14.45% | -10.73% | -3.72% |
Average DrawdownAverage peak-to-trough decline | -9.48% | -8.99% | -0.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.67% | 1.13% | +0.54% |
Volatility
VGTY.DE vs. VAGF.DE - Volatility Comparison
The current volatility for Vanguard USD Treasury Bond UCITS ETF Distributing (VGTY.DE) is 0.85%, while Vanguard Global Aggregate Bond UCITS ETF (EUR Hedged) Acc (VAGF.DE) has a volatility of 1.55%. This indicates that VGTY.DE experiences smaller price fluctuations and is considered to be less risky than VAGF.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| VGTY.DE | VAGF.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.85% | 1.55% | -0.70% |
Volatility (6M)Calculated over the trailing 6-month period | 3.73% | 2.98% | +0.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.44% | 3.63% | +1.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.99% | 4.90% | +3.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.63% | 4.71% | +2.92% |
VGTY.DE vs. VAGF.DE - Expense Ratio Comparison
VGTY.DE has a 0.05% expense ratio, which is lower than VAGF.DE's 0.10% 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. VAGF.DE - Dividend Comparison
VGTY.DE's dividend yield for the trailing twelve months is around 3.65%, while VAGF.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
VAGF.DE Vanguard Global Aggregate Bond UCITS ETF (EUR Hedged) Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VGTY.DE Vanguard USD Treasury Bond UCITS ETF Distributing | 3.65% | 3.99% | 3.65% | 3.21% | 2.05% | 0.99% | 1.48% | 2.10% | 1.94% | 0.26% |
Frequently Asked Questions
VGTY.DE and VAGF.DE have a correlation of 0.04, 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 0.10% for VAGF.DE.
VGTY.DE is categorized as Government Bonds, while VAGF.DE is Global Bonds. VGTY.DE tracks Bloomberg Global Aggregate US Treasury Float Adjusted Index, while VAGF.DE tracks Bloomberg Global Aggregate Float Adjusted and Scaled (EUR Hedged). Their fees differ too: 0.05% for VGTY.DE and 0.10% for VAGF.DE.
Find the right allocation for VGTY.DE and VAGF.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