VTI vs. ERNU.L
VTI (Vanguard Total Stock Market ETF) and ERNU.L (iShares USD Ultrashort Bond UCITS ETF) are both exchange-traded funds - VTI is a Large Cap Blend Equities fund tracking the CRSP US Total Market Index, while ERNU.L is a Corporate Bonds fund tracking the Bloomberg US Corp 1-3 Yr TR USD. Both are passively managed. Over the past 10 years, VTI returned 15.02%/yr vs 2.72%/yr for ERNU.L. At a 0.12 correlation, their price movements are largely independent. VTI charges 0.03%/yr vs 0.09%/yr for ERNU.L.
Performance
VTI vs. ERNU.L - Performance Comparison
Loading charts...
Different Trading Currencies
VTI is traded in USD, while ERNU.L is traded in GBP. To make them comparable, the ERNU.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, VTI achieves a 9.62% return, which is significantly higher than ERNU.L's 1.54% return. Over the past 10 years, VTI has outperformed ERNU.L with an annualized return of 15.02%, while ERNU.L has yielded a comparatively lower 2.72% annualized return.
VTI
- 1D
- 0.57%
- 1M
- -0.28%
- YTD
- 9.62%
- 6M
- 9.69%
- 1Y
- 26.27%
- 3Y*
- 20.60%
- 5Y*
- 12.20%
- 10Y*
- 15.02%
ERNU.L
- 1D
- -0.76%
- 1M
- 0.11%
- YTD
- 1.54%
- 6M
- 1.64%
- 1Y
- 3.89%
- 3Y*
- 5.07%
- 5Y*
- 3.72%
- 10Y*
- 2.72%
VTI vs. ERNU.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VTI Vanguard Total Stock Market ETF | 9.62% | 17.10% | 23.81% | 26.05% | -19.52% | 25.68% | 21.08% | 30.67% | -5.23% | 21.21% |
ERNU.L iShares USD Ultrashort Bond UCITS ETF | 1.54% | 4.92% | 5.60% | 4.92% | 1.31% | 0.61% | 0.84% | 3.84% | 1.87% | 1.20% |
Correlation
The correlation between VTI and ERNU.L is 0.10, 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 | 0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.12 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.16 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.13 |
Correlation (All Time) Calculated using the full available price history since Oct 15, 2013 | 0.12 |
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
VTI vs. ERNU.L — Risk / Return Rank
VTI
ERNU.L
VTI vs. ERNU.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Total Stock Market ETF (VTI) and iShares USD Ultrashort Bond UCITS ETF (ERNU.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| VTI | ERNU.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.09 | ||
| Sortino ratioReturn per unit of downside risk | +1.33 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.16 | +0.20 |
| Calmar ratioReturn relative to maximum drawdown | 2.79 | 4.08 | -1.29 |
| Martin ratioReturn relative to average drawdown | 12.52 | 13.30 | -0.79 |
Loading charts...
Drawdowns
VTI vs. ERNU.L - Drawdown Comparison
The maximum VTI drawdown since its inception was -55.45%, which is greater than ERNU.L's maximum drawdown of -37.72%. Use the drawdown chart below to compare losses from any high point for VTI and ERNU.L.
Loading charts...
Drawdown Indicators
| VTI | ERNU.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.45% | -37.72% | -17.73% |
Max Drawdown (1Y)Largest decline over 1 year | -8.92% | -0.95% | -7.97% |
Max Drawdown (3Y)Largest decline over 3 years | -19.30% | -1.00% | -18.30% |
Max Drawdown (5Y)Largest decline over 5 years | -25.36% | -2.54% | -22.82% |
Max Drawdown (10Y)Largest decline over 10 years | -35.00% | -8.12% | -26.88% |
Current DrawdownCurrent decline from peak | -2.14% | -17.02% | +14.88% |
Average DrawdownAverage peak-to-trough decline | -8.02% | -31.23% | +23.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.99% | 0.29% | +1.70% |
Volatility
VTI vs. ERNU.L - Volatility Comparison
Vanguard Total Stock Market ETF (VTI) has a higher volatility of 4.50% compared to iShares USD Ultrashort Bond UCITS ETF (ERNU.L) at 1.71%. This indicates that VTI's price experiences larger fluctuations and is considered to be riskier than ERNU.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| VTI | ERNU.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.50% | 1.71% | +2.79% |
Volatility (6M)Calculated over the trailing 6-month period | 9.82% | 3.74% | +6.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.64% | 4.39% | +8.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.47% | 4.82% | +12.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.33% | 5.11% | +13.22% |
VTI vs. ERNU.L - Expense Ratio Comparison
VTI has a 0.03% expense ratio, which is lower than ERNU.L's 0.09% 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
VTI vs. ERNU.L - Dividend Comparison
VTI's dividend yield for the trailing twelve months is around 1.03%, less than ERNU.L's 3.29% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ERNU.L iShares USD Ultrashort Bond UCITS ETF | 3.29% | 4.68% | 5.46% | 4.99% | 1.56% | 0.48% | 1.65% | 2.77% | 2.17% | 1.43% | 0.93% | 0.70% |
VTI Vanguard Total Stock Market ETF | 1.03% | 1.12% | 1.27% | 1.44% | 1.66% | 1.21% | 1.42% | 1.78% | 2.04% | 1.71% | 1.92% | 1.98% |
Frequently Asked Questions
VTI and ERNU.L have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VTI is cheaper at 0.03% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VTI is cheaper with a 0.03% expense ratio, compared with 0.09% for ERNU.L.
VTI is categorized as Large Cap Blend Equities, while ERNU.L is Corporate Bonds. VTI tracks CRSP US Total Market Index, while ERNU.L tracks Bloomberg US Corp 1-3 Yr TR USD. They also come from different issuers: Vanguard and iShares. Their fees differ too: 0.03% for VTI and 0.09% for ERNU.L.
Find the right allocation for VTI and ERNU.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