VUAG.L vs. BNS
VUAG.L (Vanguard S&P 500 UCITS ETF (USD) Accumulating) is S&P 500 fund tracking the S&P 500 Index, while BNS (The Bank of Nova Scotia) is a stock. Over the past 5 years, VUAG.L returned 14.39%/yr vs 12.72%/yr for BNS. At a 0.39 correlation, their price movements are largely independent.
Performance
VUAG.L vs. BNS - Performance Comparison
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Different Trading Currencies
VUAG.L is traded in GBP, while BNS is traded in USD. To make them comparable, the BNS values have been converted to GBP using the latest available exchange rates.
Returns By Period
In the year-to-date period, VUAG.L achieves a 8.79% return, which is significantly lower than BNS's 17.11% return.
VUAG.L
- 1D
- 1.48%
- 1M
- -0.32%
- YTD
- 8.79%
- 6M
- 9.16%
- 1Y
- 26.56%
- 3Y*
- 18.26%
- 5Y*
- 14.39%
- 10Y*
- —
BNS
- 1D
- 1.66%
- 1M
- 8.59%
- YTD
- 17.11%
- 6M
- 17.70%
- 1Y
- 64.40%
- 3Y*
- 24.54%
- 5Y*
- 12.72%
- 10Y*
- 12.18%
VUAG.L vs. BNS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
VUAG.L Vanguard S&P 500 UCITS ETF (USD) Accumulating | 8.79% | 9.36% | 27.34% | 19.65% | -8.87% | 30.97% | 16.23% | -12.98% |
BNS The Bank of Nova Scotia | 17.11% | 34.77% | 19.61% | 3.10% | -19.50% | 41.95% | -1.29% | 7.20% |
Correlation
The correlation between VUAG.L and BNS is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.31 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since May 14, 2019 | 0.39 |
The correlation between VUAG.L and BNS shifts across timeframes, from 0.24 (3 years) to 0.39 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
VUAG.L vs. BNS — Risk / Return Rank
VUAG.L
BNS
VUAG.L vs. BNS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard S&P 500 UCITS ETF (USD) Accumulating (VUAG.L) and The Bank of Nova Scotia (BNS). 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.
| VUAG.L | BNS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.76 | ||
| Sortino ratioReturn per unit of downside risk | -2.52 | ||
| Omega ratioGain probability vs. loss probability | 1.45 | 1.77 | -0.32 |
| Calmar ratioReturn relative to maximum drawdown | 3.66 | 5.96 | -2.30 |
| Martin ratioReturn relative to average drawdown | 13.20 | 22.77 | -9.57 |
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Drawdowns
VUAG.L vs. BNS - Drawdown Comparison
The maximum VUAG.L drawdown since its inception was -30.82%, smaller than the maximum BNS drawdown of -47.57%. Use the drawdown chart below to compare losses from any high point for VUAG.L and BNS.
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Drawdown Indicators
| VUAG.L | BNS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.82% | -47.57% | +16.75% |
Max Drawdown (1Y)Largest decline over 1 year | -7.11% | -10.95% | +3.84% |
Max Drawdown (3Y)Largest decline over 3 years | -20.88% | -20.16% | -0.72% |
Max Drawdown (5Y)Largest decline over 5 years | -20.88% | -33.49% | +12.61% |
Max Drawdown (10Y)Largest decline over 10 years | — | -39.03% | — |
Current DrawdownCurrent decline from peak | -1.82% | 0.00% | -1.82% |
Average DrawdownAverage peak-to-trough decline | -5.47% | -10.35% | +4.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.98% | 2.86% | -0.88% |
Volatility
VUAG.L vs. BNS - Volatility Comparison
The current volatility for Vanguard S&P 500 UCITS ETF (USD) Accumulating (VUAG.L) is 3.57%, while The Bank of Nova Scotia (BNS) has a volatility of 4.82%. This indicates that VUAG.L experiences smaller price fluctuations and is considered to be less risky than BNS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VUAG.L | BNS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.57% | 4.82% | -1.25% |
Volatility (6M)Calculated over the trailing 6-month period | 7.56% | 11.85% | -4.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.90% | 15.73% | -4.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.36% | 17.47% | -3.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.88% | 20.97% | -3.09% |
Dividends
VUAG.L vs. BNS - Dividend Comparison
VUAG.L has not paid dividends to shareholders, while BNS's dividend yield for the trailing twelve months is around 3.79%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BNS The Bank of Nova Scotia | 3.79% | 4.17% | 5.85% | 8.56% | 6.39% | 5.09% | 4.93% | 3.53% | 6.34% | 4.80% | 5.24% | 8.13% |
VUAG.L Vanguard S&P 500 UCITS ETF (USD) Accumulating | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.80% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
VUAG.L and BNS have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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