VGVA.L vs. JG15.L
VGVA.L (Vanguard UK Gilt UCITS ETF Accumulating) and JG15.L (JPMorgan BetaBuilders UK Gilt 1-5 UCITS ETF - GBP (Dist)) are both European Government Bonds funds tracking the FTSE Act UK Cnvt Gilts All Stocks TR GBP, from Vanguard and JPMorgan respectively. Both are passively managed. Over the past 5 years, VGVA.L returned -5.33%/yr vs 0.78%/yr for JG15.L. Their correlation of 0.82 suggests significant overlap in exposure. Both charge a 0.07% expense ratio.
Performance
VGVA.L vs. JG15.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, VGVA.L achieves a -1.19% return, which is significantly lower than JG15.L's 0.04% return.
VGVA.L
- 1D
- 0.28%
- 1M
- 1.61%
- YTD
- -1.19%
- 6M
- -1.36%
- 1Y
- 2.14%
- 3Y*
- 2.10%
- 5Y*
- -5.33%
- 10Y*
- —
JG15.L
- 1D
- -0.16%
- 1M
- 0.64%
- YTD
- 0.04%
- 6M
- 0.25%
- 1Y
- 2.74%
- 3Y*
- 3.95%
- 5Y*
- 0.78%
- 10Y*
- —
VGVA.L vs. JG15.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
VGVA.L Vanguard UK Gilt UCITS ETF Accumulating | -1.19% | 4.03% | -3.61% | 3.26% | -27.03% | -5.38% | 9.36% | 5.93% |
JG15.L JPMorgan BetaBuilders UK Gilt 1-5 UCITS ETF - GBP (Dist) | 0.04% | 5.58% | 1.79% | 3.85% | -5.75% | -1.91% | 1.86% | 1.02% |
Correlation
The correlation between VGVA.L and JG15.L is 0.86, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.86 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.83 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.83 |
Correlation (All Time) Calculated using the full available price history since Feb 22, 2019 | 0.82 |
The correlation between VGVA.L and JG15.L has been stable across timeframes, ranging from 0.82 to 0.86 - a consistent structural relationship.
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
VGVA.L vs. JG15.L — Risk / Return Rank
VGVA.L
JG15.L
VGVA.L vs. JG15.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard UK Gilt UCITS ETF Accumulating (VGVA.L) and JPMorgan BetaBuilders UK Gilt 1-5 UCITS ETF - GBP (Dist) (JG15.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.
| VGVA.L | JG15.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.86 | ||
| Sortino ratioReturn per unit of downside risk | -1.23 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.24 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 0.37 | 1.17 | -0.80 |
| Martin ratioReturn relative to average drawdown | 1.00 | 3.72 | -2.72 |
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
| VGVA.L | JG15.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.33 | 1.19 | -0.86 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.47 | 0.26 | -0.73 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.25 | 0.34 | -0.59 |
Drawdowns
VGVA.L vs. JG15.L - Drawdown Comparison
The maximum VGVA.L drawdown since its inception was -39.28%, which is greater than JG15.L's maximum drawdown of -11.35%. Use the drawdown chart below to compare losses from any high point for VGVA.L and JG15.L.
Loading charts...
Drawdown Indicators
| VGVA.L | JG15.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.28% | -11.35% | -27.93% |
Max Drawdown (1Y)Largest decline over 1 year | -5.75% | -2.35% | -3.40% |
Max Drawdown (3Y)Largest decline over 3 years | -7.88% | -2.35% | -5.53% |
Max Drawdown (5Y)Largest decline over 5 years | -37.05% | -10.68% | -26.37% |
Current DrawdownCurrent decline from peak | -31.00% | -1.13% | -29.87% |
Average DrawdownAverage peak-to-trough decline | -19.93% | -2.42% | -17.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.13% | 0.74% | +1.39% |
Volatility
VGVA.L vs. JG15.L - Volatility Comparison
Vanguard UK Gilt UCITS ETF Accumulating (VGVA.L) has a higher volatility of 2.79% compared to JPMorgan BetaBuilders UK Gilt 1-5 UCITS ETF - GBP (Dist) (JG15.L) at 0.97%. This indicates that VGVA.L's price experiences larger fluctuations and is considered to be riskier than JG15.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| VGVA.L | JG15.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.79% | 0.97% | +1.82% |
Volatility (6M)Calculated over the trailing 6-month period | 5.27% | 2.07% | +3.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.53% | 2.32% | +4.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.28% | 3.05% | +8.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.86% | 2.55% | +8.31% |
VGVA.L vs. JG15.L - Expense Ratio Comparison
Both VGVA.L and JG15.L have an expense ratio of 0.07%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
VGVA.L vs. JG15.L - Dividend Comparison
VGVA.L has not paid dividends to shareholders, while JG15.L's dividend yield for the trailing twelve months is around 3.87%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
JG15.L JPMorgan BetaBuilders UK Gilt 1-5 UCITS ETF - GBP (Dist) | 3.87% | 3.71% | 3.44% | 2.28% | 0.68% | 0.12% | 0.34% | 0.91% | 0.35% |
VGVA.L Vanguard UK Gilt UCITS ETF Accumulating | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
VGVA.L and JG15.L have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.07% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
VGVA.L and JG15.L have the same expense ratio: 0.07% per year.
Both ETFs track FTSE Act UK Cnvt Gilts All Stocks TR GBP. They also come from different issuers: Vanguard and JPMorgan.
Find the right allocation for VGVA.L and JG15.L
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