VNRA.DE vs. V3YA.DE

Last updated Jun 5, 2026

VNRA.DE (Vanguard FTSE North America UCITS ETF (USD) Accumulating) and V3YA.DE (Vanguard ESG North America All Cap UCITS ETF (USD) Accumulating) are both Large Cap Blend Equities funds from Vanguard - VNRA.DE tracks the FTSE North America while V3YA.DE tracks the FTSE North America All Cap Choice Index. Both are passively managed. Over the past 3 years, VNRA.DE returned 19.14%/yr vs 18.75%/yr for V3YA.DE. With a 0.98 correlation, they move nearly in lockstep. VNRA.DE charges 0.10%/yr vs 0.12%/yr for V3YA.DE.

Performance

VNRA.DE vs. V3YA.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Vanguard FTSE North America UCITS ETF (USD) Accumulating (VNRA.DE) and Vanguard ESG North America All Cap UCITS ETF (USD) Accumulating (V3YA.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with VNRA.DE having a 11.15% return and V3YA.DE slightly lower at 10.95%.

VNRA.DE

• 1D: -0.02%
• 1M: 4.57%
• YTD: 11.15%
• 6M: 10.70%
• 1Y: 25.18%
• 3Y*: 19.14%
• 5Y*: 14.38%
• 10Y*: —

V3YA.DE

• 1D: 0.08%
• 1M: 5.07%
• YTD: 10.95%
• 6M: 10.62%
• 1Y: 25.33%
• 3Y*: 18.75%
• 5Y*: —
• 10Y*: —

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

VNRA.DE vs. V3YA.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
VNRA.DE Vanguard FTSE North America UCITS ETF (USD) Accumulating	11.15%	5.41%	32.23%	22.65%	-15.07%
V3YA.DE Vanguard ESG North America All Cap UCITS ETF (USD) Accumulating	10.95%	4.20%	31.35%	26.80%	-17.33%

Correlation

The correlation between VNRA.DE and V3YA.DE is 0.99 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.99
Correlation (3Y) Calculated over the trailing 3-year period	0.98
Correlation (All Time) Calculated using the full available price history since Aug 19, 2022	0.98

The correlation between VNRA.DE and V3YA.DE has been stable across timeframes, ranging from 0.98 to 0.99 - a consistent structural relationship.

Return for Risk

VNRA.DE vs. V3YA.DE — Risk / Return Rank

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

VNRA.DE

VNRA.DE Risk / Return Rank: 68
VNRA.DE Sharpe Ratio Rank: 68
VNRA.DE Sortino Ratio Rank: 65
VNRA.DE Omega Ratio Rank: 69
VNRA.DE Calmar Ratio Rank: 71
VNRA.DE Martin Ratio Rank: 69

V3YA.DE

V3YA.DE Risk / Return Rank: 58
V3YA.DE Sharpe Ratio Rank: 60
V3YA.DE Sortino Ratio Rank: 58
V3YA.DE Omega Ratio Rank: 60
V3YA.DE Calmar Ratio Rank: 54
V3YA.DE Martin Ratio Rank: 56

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.

VNRA.DE vs. V3YA.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard FTSE North America UCITS ETF (USD) Accumulating (VNRA.DE) and Vanguard ESG North America All Cap UCITS ETF (USD) Accumulating (V3YA.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.

	VNRA.DE	V3YA.DE	Difference
Sharpe ratio: Return per unit of total volatility	2.19	1.98	+0.21
Sortino ratio: Return per unit of downside risk	2.98	2.72	+0.26
Omega ratio: Gain probability vs. loss probability	1.41	1.36	+0.05
Calmar ratio: Return relative to maximum drawdown	3.52	2.66	+0.86
Martin ratio: Return relative to average drawdown	12.55	9.58	+2.98
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VNRA.DE vs. V3YA.DE - Sharpe Ratio Comparison

The current VNRA.DE Sharpe Ratio is 2.19, which is comparable to the V3YA.DE Sharpe Ratio of 1.98. The chart below compares the historical Sharpe Ratios of VNRA.DE and V3YA.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	VNRA.DE	V3YA.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.19	1.98	+0.21
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.93	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.87	0.83	+0.04

Drawdowns

VNRA.DE vs. V3YA.DE - Drawdown Comparison

The maximum VNRA.DE drawdown since its inception was -34.48%, which is greater than V3YA.DE's maximum drawdown of -24.84%. Use the drawdown chart below to compare losses from any high point for VNRA.DE and V3YA.DE.

Drawdown Indicators

	VNRA.DE	V3YA.DE	Difference
Max Drawdown Largest peak-to-trough decline	-34.48%	-24.84%	-9.64%
Max Drawdown (1Y) Largest decline over 1 year	-7.14%	-9.60%	+2.46%
Max Drawdown (3Y) Largest decline over 3 years	-23.30%	-24.84%	+1.54%
Max Drawdown (5Y) Largest decline over 5 years	-23.30%	—	—
Current Drawdown Current decline from peak	-0.35%	-0.55%	+0.20%
Average Drawdown Average peak-to-trough decline	-4.72%	-5.31%	+0.59%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.01%	2.67%	-0.66%

Volatility

VNRA.DE vs. V3YA.DE - Volatility Comparison

The current volatility for Vanguard FTSE North America UCITS ETF (USD) Accumulating (VNRA.DE) is 2.61%, while Vanguard ESG North America All Cap UCITS ETF (USD) Accumulating (V3YA.DE) has a volatility of 3.17%. This indicates that VNRA.DE experiences smaller price fluctuations and is considered to be less risky than V3YA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VNRA.DE	V3YA.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.61%	3.17%	-0.56%
Volatility (6M) Calculated over the trailing 6-month period	7.47%	8.80%	-1.33%
Volatility (1Y) Calculated over the trailing 1-year period	11.49%	12.86%	-1.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.22%	15.58%	-0.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.40%	15.58%	+1.82%

VNRA.DE vs. V3YA.DE - Expense Ratio Comparison

VNRA.DE has a 0.10% expense ratio, which is lower than V3YA.DE's 0.12% 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

VNRA.DE vs. V3YA.DE - Dividend Comparison

Neither VNRA.DE nor V3YA.DE has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020
V3YA.DE Vanguard ESG North America All Cap UCITS ETF (USD) Accumulating	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VNRA.DE Vanguard FTSE North America UCITS ETF (USD) Accumulating	0.00%	0.00%	0.26%	0.00%	0.00%	0.00%	0.89%

Frequently Asked Questions

Can I hold both VNRA.DE and V3YA.DE in my portfolio?

With a correlation of 0.99, VNRA.DE and V3YA.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, VNRA.DE or V3YA.DE?

On fees, VNRA.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, VNRA.DE or V3YA.DE?

VNRA.DE is cheaper with a 0.10% expense ratio, compared with 0.12% for V3YA.DE.

What is the main difference between VNRA.DE and V3YA.DE?

VNRA.DE tracks FTSE North America, while V3YA.DE tracks FTSE North America All Cap Choice Index. Their fees differ too: 0.10% for VNRA.DE and 0.12% for V3YA.DE.