VGTY.DE vs. VUSA.DE
VGTY.DE (Vanguard USD Treasury Bond UCITS ETF Distributing) and VUSA.DE (Vanguard S&P 500 UCITS ETF) are both exchange-traded funds - VGTY.DE is a Government Bonds fund tracking the Bloomberg Global Aggregate US Treasury Float Adjusted Index, while VUSA.DE is a S&P 500 fund tracking the S&P 500 Net Total Return. Both are passively managed. Over the past 5 years, VGTY.DE returned 0.20%/yr vs 14.76%/yr for VUSA.DE. At a 0.04 correlation, their price movements are largely independent. VGTY.DE charges 0.05%/yr vs 0.07%/yr for VUSA.DE.
Performance
VGTY.DE vs. VUSA.DE - Performance Comparison
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Returns By Period
In the year-to-date period, VGTY.DE achieves a 0.80% return, which is significantly lower than VUSA.DE's 11.38% 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*
- —
VUSA.DE
- 1D
- -0.12%
- 1M
- 5.24%
- YTD
- 11.38%
- 6M
- 11.44%
- 1Y
- 25.59%
- 3Y*
- 18.87%
- 5Y*
- 14.76%
- 10Y*
- —
VGTY.DE vs. VUSA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VGTY.DE Vanguard USD Treasury Bond UCITS ETF Distributing | 0.80% | -5.99% | 6.16% | 0.04% | -6.98% | 5.64% | -2.09% | 9.36% | 5.00% | -2.11% |
VUSA.DE Vanguard S&P 500 UCITS ETF | 11.38% | 4.74% | 32.32% | 22.44% | -14.26% | 40.76% | 6.77% | 34.46% | -1.12% | 2.82% |
Correlation
The correlation between VGTY.DE and VUSA.DE is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.20 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.06 |
Correlation (All Time) Calculated using the full available price history since Oct 27, 2017 | 0.04 |
The correlation between VGTY.DE and VUSA.DE shifts across timeframes, from 0.04 (all time) to 0.22 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
VGTY.DE vs. VUSA.DE — Risk / Return Rank
VGTY.DE
VUSA.DE
VGTY.DE vs. VUSA.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 S&P 500 UCITS ETF (VUSA.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 | VUSA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.01 | ||
| Sortino ratioReturn per unit of downside risk | -2.68 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 1.41 | -0.37 |
| Calmar ratioReturn relative to maximum drawdown | 0.25 | 3.57 | -3.32 |
| Martin ratioReturn relative to average drawdown | 0.62 | 12.71 | -12.09 |
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
| VGTY.DE | VUSA.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.19 | 2.20 | -2.01 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.02 | 0.96 | -0.94 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.13 | 0.89 | -0.76 |
Drawdowns
VGTY.DE vs. VUSA.DE - Drawdown Comparison
The maximum VGTY.DE drawdown since its inception was -17.97%, smaller than the maximum VUSA.DE drawdown of -33.63%. Use the drawdown chart below to compare losses from any high point for VGTY.DE and VUSA.DE.
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Drawdown Indicators
| VGTY.DE | VUSA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.97% | -33.63% | +15.66% |
Max Drawdown (1Y)Largest decline over 1 year | -4.08% | -7.13% | +3.05% |
Max Drawdown (3Y)Largest decline over 3 years | -11.23% | -23.24% | +12.01% |
Max Drawdown (5Y)Largest decline over 5 years | -13.16% | -23.24% | +10.08% |
Current DrawdownCurrent decline from peak | -14.45% | -0.44% | -14.01% |
Average DrawdownAverage peak-to-trough decline | -9.48% | -4.40% | -5.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.67% | 2.01% | -0.34% |
Volatility
VGTY.DE vs. VUSA.DE - Volatility Comparison
The current volatility for Vanguard USD Treasury Bond UCITS ETF Distributing (VGTY.DE) is 0.85%, while Vanguard S&P 500 UCITS ETF (VUSA.DE) has a volatility of 2.68%. This indicates that VGTY.DE experiences smaller price fluctuations and is considered to be less risky than VUSA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VGTY.DE | VUSA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.85% | 2.68% | -1.83% |
Volatility (6M)Calculated over the trailing 6-month period | 3.73% | 7.59% | -3.86% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.44% | 11.58% | -6.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.99% | 15.17% | -7.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.63% | 16.77% | -9.14% |
VGTY.DE vs. VUSA.DE - Expense Ratio Comparison
VGTY.DE has a 0.05% expense ratio, which is lower than VUSA.DE's 0.07% 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. VUSA.DE - Dividend Comparison
VGTY.DE's dividend yield for the trailing twelve months is around 3.65%, more than VUSA.DE's 0.87% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
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% |
VUSA.DE Vanguard S&P 500 UCITS ETF | 0.87% | 0.97% | 1.00% | 1.25% | 1.45% | 1.02% | 1.43% | 1.45% | 1.74% | 0.41% |
Frequently Asked Questions
VGTY.DE and VUSA.DE have a correlation of 0.20, 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 0.07% for VUSA.DE.
VGTY.DE is categorized as Government Bonds, while VUSA.DE is S&P 500. VGTY.DE tracks Bloomberg Global Aggregate US Treasury Float Adjusted Index, while VUSA.DE tracks S&P 500 Net Total Return. Their fees differ too: 0.05% for VGTY.DE and 0.07% for VUSA.DE.
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