VHYD.L vs. IBTU.L
VHYD.L (Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Distributing) and IBTU.L (iShares USD Treasury Bond 0-1yr UCITS ETF USD (Dist)) are both exchange-traded funds - VHYD.L is a Global Equities fund tracking the FTSE All-World High Dividend Yield Index, while IBTU.L is a Government Bonds fund tracking the ICE U.S. Treasury Short Bond Index. Both are passively managed. Over the past 5 years, VHYD.L returned 10.19%/yr vs 3.38%/yr for IBTU.L. At a 0.02 correlation, their price movements are largely independent. VHYD.L charges 0.29%/yr vs 0.07%/yr for IBTU.L.
Performance
VHYD.L vs. IBTU.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, VHYD.L achieves a 9.52% return, which is significantly higher than IBTU.L's 1.35% return.
VHYD.L
- 1D
- -0.43%
- 1M
- 0.39%
- YTD
- 9.52%
- 6M
- 12.15%
- 1Y
- 24.58%
- 3Y*
- 17.96%
- 5Y*
- 10.19%
- 10Y*
- 9.89%
IBTU.L
- 1D
- 0.00%
- 1M
- 0.20%
- YTD
- 1.35%
- 6M
- 1.76%
- 1Y
- 3.93%
- 3Y*
- 4.69%
- 5Y*
- 3.38%
- 10Y*
- —
VHYD.L vs. IBTU.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
VHYD.L Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Distributing | 9.52% | 27.03% | 9.32% | 11.43% | -5.45% | 17.84% | -0.31% | 11.81% |
IBTU.L iShares USD Treasury Bond 0-1yr UCITS ETF USD (Dist) | 1.35% | 4.33% | 5.31% | 4.92% | 1.05% | 0.10% | 0.88% | 2.02% |
Correlation
The correlation between VHYD.L and IBTU.L is -0.00, 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 | -0.00 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.02 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.03 |
Correlation (All Time) Calculated using the full available price history since Feb 20, 2019 | 0.02 |
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
VHYD.L vs. IBTU.L — Risk / Return Rank
VHYD.L
IBTU.L
VHYD.L vs. IBTU.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Distributing (VHYD.L) and iShares USD Treasury Bond 0-1yr UCITS ETF USD (Dist) (IBTU.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.
| VHYD.L | IBTU.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.10 | ||
| Sortino ratioReturn per unit of downside risk | -3.79 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 3.47 | -2.05 |
| Calmar ratioReturn relative to maximum drawdown | 3.16 | 19.33 | -16.17 |
| Martin ratioReturn relative to average drawdown | 11.40 | 83.95 | -72.55 |
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
| VHYD.L | IBTU.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.30 | 3.41 | -1.10 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.75 | 3.34 | -2.59 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.64 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.54 | 2.86 | -2.32 |
Drawdowns
VHYD.L vs. IBTU.L - Drawdown Comparison
The maximum VHYD.L drawdown since its inception was -36.60%, which is greater than IBTU.L's maximum drawdown of -0.72%. Use the drawdown chart below to compare losses from any high point for VHYD.L and IBTU.L.
Loading charts...
Drawdown Indicators
| VHYD.L | IBTU.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.60% | -0.72% | -35.88% |
Max Drawdown (1Y)Largest decline over 1 year | -7.74% | -0.20% | -7.54% |
Max Drawdown (3Y)Largest decline over 3 years | -12.48% | -0.20% | -12.28% |
Max Drawdown (5Y)Largest decline over 5 years | -20.89% | -0.40% | -20.49% |
Max Drawdown (10Y)Largest decline over 10 years | -36.60% | — | — |
Current DrawdownCurrent decline from peak | -1.62% | 0.00% | -1.62% |
Average DrawdownAverage peak-to-trough decline | -5.32% | -0.06% | -5.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.15% | 0.05% | +2.10% |
Volatility
VHYD.L vs. IBTU.L - Volatility Comparison
Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Distributing (VHYD.L) has a higher volatility of 2.67% compared to iShares USD Treasury Bond 0-1yr UCITS ETF USD (Dist) (IBTU.L) at 0.35%. This indicates that VHYD.L's price experiences larger fluctuations and is considered to be riskier than IBTU.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| VHYD.L | IBTU.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.67% | 0.35% | +2.32% |
Volatility (6M)Calculated over the trailing 6-month period | 8.53% | 0.82% | +7.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.62% | 1.15% | +9.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.65% | 1.01% | +12.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.39% | 0.95% | +14.44% |
VHYD.L vs. IBTU.L - Expense Ratio Comparison
VHYD.L has a 0.29% expense ratio, which is higher than IBTU.L's 0.07% expense ratio.
Dividends
VHYD.L vs. IBTU.L - Dividend Comparison
VHYD.L's dividend yield for the trailing twelve months is around 2.52%, less than IBTU.L's 4.07% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IBTU.L iShares USD Treasury Bond 0-1yr UCITS ETF USD (Dist) | 4.07% | 4.43% | 6.82% | 3.99% | 0.44% | 0.10% | 1.28% | 1.21% | 0.00% | 0.00% | 0.00% | 0.00% |
VHYD.L Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Distributing | 2.52% | 2.77% | 3.15% | 3.31% | 3.72% | 3.14% | 2.90% | 3.23% | 3.77% | 2.96% | 3.16% | 3.32% |
Frequently Asked Questions
VHYD.L and IBTU.L have a correlation of -0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IBTU.L is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IBTU.L is cheaper with a 0.07% expense ratio, compared with 0.29% for VHYD.L.
VHYD.L is categorized as Global Equities, while IBTU.L is Government Bonds. VHYD.L tracks FTSE All-World High Dividend Yield Index, while IBTU.L tracks ICE U.S. Treasury Short Bond Index. They also come from different issuers: Vanguard and iShares. Their fees differ too: 0.29% for VHYD.L and 0.07% for IBTU.L.
Find the right allocation for VHYD.L and IBTU.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