VHYD.L vs. VUAA.L

Last updated Jun 5, 2026

VHYD.L (Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Distributing) and VUAA.L (Vanguard S&P 500 UCITS ETF USD Accumulation) are both exchange-traded funds - VHYD.L is a Global Equities fund tracking the FTSE All-World High Dividend Yield Index, while VUAA.L is a S&P 500 fund tracking the S&P 500 Net Total Return. Both are passively managed. A 0.72 correlation means they provide meaningful diversification when combined. VHYD.L charges 0.29%/yr vs 0.07%/yr for VUAA.L.

Performance

VHYD.L vs. VUAA.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Distributing (VHYD.L) and Vanguard S&P 500 UCITS ETF USD Accumulation (VUAA.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VHYD.L achieves a 11.22% return, which is significantly higher than VUAA.L's 9.14% return.

VHYD.L

• 1D: 0.23%
• 1M: 1.09%
• YTD: 11.22%
• 6M: 13.67%
• 1Y: 27.08%
• 3Y*: 18.97%
• 5Y*: 10.43%
• 10Y*: 9.90%

VUAA.L

• 1D: -1.07%
• 1M: 2.12%
• YTD: 9.14%
• 6M: 9.60%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

VHYD.L vs. VUAA.L - Yearly Performance Comparison

	2026 (YTD)	2025
VHYD.L Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Distributing	11.22%	14.05%
VUAA.L Vanguard S&P 500 UCITS ETF USD Accumulation	9.14%	15.63%

Correlation

The correlation between VHYD.L and VUAA.L is 0.72, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 9, 2025	0.72

VHYD.L vs. VUAA.L - Sectors Allocation Comparison

Sectors	VHYD.L	VUAA.L
Financial Services	28.6%	11.6%
Industrials	12.3%	8.3%
Healthcare	11.2%	8.5%
Energy	9.4%	3.5%
Consumer Defensive	8.7%	4.9%
Technology	7.7%	35.7%
Consumer Cyclical	7.0%	10.2%
Utilities	5.7%	2.4%
Basic Materials	5.1%	1.8%
Communication Services	3.5%	11.3%
Real Estate	0.9%	1.9%

Return for Risk

VHYD.L vs. VUAA.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

VHYD.L

VHYD.L Risk / Return Rank: 76
VHYD.L Sharpe Ratio Rank: 80
VHYD.L Sortino Ratio Rank: 82
VHYD.L Omega Ratio Rank: 79
VHYD.L Calmar Ratio Rank: 71
VHYD.L Martin Ratio Rank: 69

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

VHYD.L vs. VUAA.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 Vanguard S&P 500 UCITS ETF USD Accumulation (VUAA.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	VUAA.L	Difference
Sharpe ratio: Return per unit of total volatility	2.55	—	—
Sortino ratio: Return per unit of downside risk	3.64	—	—
Omega ratio: Gain probability vs. loss probability	1.47	—	—
Calmar ratio: Return relative to maximum drawdown	3.48	—	—
Martin ratio: Return relative to average drawdown	12.59	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	VHYD.L	VUAA.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.55	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.76	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.64	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.56	2.23	-1.66

Drawdowns

VHYD.L vs. VUAA.L - Drawdown Comparison

The maximum VHYD.L drawdown since its inception was -36.60%, which is greater than VUAA.L's maximum drawdown of -8.18%. Use the drawdown chart below to compare losses from any high point for VHYD.L and VUAA.L.

Drawdown Indicators

	VHYD.L	VUAA.L	Difference
Max Drawdown Largest peak-to-trough decline	-36.60%	-8.18%	-28.42%
Max Drawdown (1Y) Largest decline over 1 year	-7.75%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-12.48%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-20.89%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-36.60%	—	—
Current Drawdown Current decline from peak	-0.08%	-1.61%	+1.53%
Average Drawdown Average peak-to-trough decline	-5.47%	-1.11%	-4.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.15%	1.91%	+0.24%

Volatility

Volatility by Period

	VHYD.L	VUAA.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.97%	—	—
Volatility (6M) Calculated over the trailing 6-month period	8.50%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	10.57%	11.79%	-1.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.64%	11.79%	+1.85%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.42%	11.79%	+3.63%

VHYD.L vs. VUAA.L - Expense Ratio Comparison

VHYD.L has a 0.29% expense ratio, which is higher than VUAA.L's 0.07% expense ratio.

Dividends

VHYD.L vs. VUAA.L - Dividend Comparison

VHYD.L's dividend yield for the trailing twelve months is around 2.48%, while VUAA.L has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
VHYD.L Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Distributing	2.48%	2.77%	3.15%	3.31%	3.72%	3.14%	2.90%	3.23%	3.77%	2.96%	3.16%	3.32%
VUAA.L Vanguard S&P 500 UCITS ETF USD Accumulation	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both VHYD.L and VUAA.L in my portfolio?

VHYD.L and VUAA.L have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, VHYD.L or VUAA.L?

On fees, VUAA.L is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, VHYD.L or VUAA.L?

VUAA.L is cheaper with a 0.07% expense ratio, compared with 0.29% for VHYD.L.

What is the main difference between VHYD.L and VUAA.L?

VHYD.L is categorized as Global Equities, while VUAA.L is S&P 500. VHYD.L tracks FTSE All-World High Dividend Yield Index, while VUAA.L tracks S&P 500 Net Total Return. Their fees differ too: 0.29% for VHYD.L and 0.07% for VUAA.L.