VUCE.DE vs. VTIP
VUCE.DE (Vanguard USD Corporate Bond UCITS ETF Accumulating) and VTIP (Vanguard Short-Term Inflation-Protected Securities ETF) are both exchange-traded funds - VUCE.DE is a Corporate Bonds fund tracking the Bloomberg Global Aggregate Corporate USD, while VTIP is a Inflation-Protected Bonds fund tracking the Bloomberg U.S. Treasury Inflation-Protected Securities (TIPS) 0-5 Year Index. Both are passively managed. Over the past 5 years, VUCE.DE returned 1.63%/yr vs 4.44%/yr for VTIP. A 0.57 correlation means they provide meaningful diversification when combined. VUCE.DE charges 0.09%/yr vs 0.03%/yr for VTIP.
Performance
VUCE.DE vs. VTIP - Performance Comparison
Loading charts...
Different Trading Currencies
VUCE.DE is traded in EUR, while VTIP is traded in USD. To make them comparable, the VTIP values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, VUCE.DE achieves a 1.67% return, which is significantly lower than VTIP's 3.76% return.
VUCE.DE
- 1D
- 0.13%
- 1M
- 1.13%
- YTD
- 1.67%
- 6M
- 0.98%
- 1Y
- 3.78%
- 3Y*
- 2.60%
- 5Y*
- 1.63%
- 10Y*
- —
VTIP
- 1D
- 0.60%
- 1M
- 1.93%
- YTD
- 3.76%
- 6M
- 2.88%
- 1Y
- 3.75%
- 3Y*
- 2.55%
- 5Y*
- 4.44%
- 10Y*
- 2.94%
VUCE.DE vs. VTIP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
VUCE.DE Vanguard USD Corporate Bond UCITS ETF Accumulating | 1.67% | -4.17% | 8.58% | 4.45% | -9.55% | 7.08% | -0.48% | 6.52% |
VTIP Vanguard Short-Term Inflation-Protected Securities ETF | 3.76% | -6.52% | 11.65% | 1.48% | 3.08% | 13.24% | -3.70% | 2.60% |
Correlation
The correlation between VUCE.DE and VTIP is 0.57, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.57 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.58 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.57 |
Correlation (All Time) Calculated using the full available price history since Jun 14, 2019 | 0.57 |
The correlation between VUCE.DE and VTIP has been stable across timeframes, ranging from 0.57 to 0.58 - a consistent structural relationship.
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
VUCE.DE vs. VTIP — Risk / Return Rank
VUCE.DE
VTIP
VUCE.DE vs. VTIP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard USD Corporate Bond UCITS ETF Accumulating (VUCE.DE) and Vanguard Short-Term Inflation-Protected Securities ETF (VTIP). 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.
| VUCE.DE | VTIP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.04 | ||
| Sortino ratioReturn per unit of downside risk | +0.06 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 1.11 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.16 | 0.90 | +0.26 |
| Martin ratioReturn relative to average drawdown | 2.99 | 2.46 | +0.53 |
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
| VUCE.DE | VTIP | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.66 | 0.62 | +0.04 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.20 | 0.59 | -0.39 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.40 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.22 | 0.42 | -0.20 |
Drawdowns
VUCE.DE vs. VTIP - Drawdown Comparison
The maximum VUCE.DE drawdown since its inception was -13.02%, smaller than the maximum VTIP drawdown of -16.49%. Use the drawdown chart below to compare losses from any high point for VUCE.DE and VTIP.
Loading charts...
Drawdown Indicators
| VUCE.DE | VTIP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.02% | -16.49% | +3.47% |
Max Drawdown (1Y)Largest decline over 1 year | -3.24% | -4.19% | +0.95% |
Max Drawdown (3Y)Largest decline over 3 years | -11.15% | -10.53% | -0.62% |
Max Drawdown (5Y)Largest decline over 5 years | -12.75% | -12.09% | -0.66% |
Max Drawdown (10Y)Largest decline over 10 years | — | -16.49% | — |
Current DrawdownCurrent decline from peak | -5.08% | -4.82% | -0.26% |
Average DrawdownAverage peak-to-trough decline | -5.43% | -5.17% | -0.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.26% | 1.53% | -0.27% |
Volatility
VUCE.DE vs. VTIP - Volatility Comparison
The current volatility for Vanguard USD Corporate Bond UCITS ETF Accumulating (VUCE.DE) is 0.91%, while Vanguard Short-Term Inflation-Protected Securities ETF (VTIP) has a volatility of 1.06%. This indicates that VUCE.DE experiences smaller price fluctuations and is considered to be less risky than VTIP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| VUCE.DE | VTIP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.91% | 1.06% | -0.15% |
Volatility (6M)Calculated over the trailing 6-month period | 3.98% | 4.33% | -0.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.71% | 6.09% | -0.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.02% | 7.50% | +0.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.36% | 7.47% | +0.89% |
VUCE.DE vs. VTIP - Expense Ratio Comparison
VUCE.DE has a 0.09% expense ratio, which is higher than VTIP's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
VUCE.DE vs. VTIP - Dividend Comparison
VUCE.DE has not paid dividends to shareholders, while VTIP's dividend yield for the trailing twelve months is around 3.59%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
VTIP Vanguard Short-Term Inflation-Protected Securities ETF | 3.59% | 3.81% | 2.70% | 2.86% | 6.84% | 4.68% | 1.20% | 1.95% | 2.45% | 1.52% | 0.76% |
VUCE.DE Vanguard USD Corporate Bond UCITS ETF Accumulating | 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
VUCE.DE and VTIP have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VTIP is cheaper at 0.03% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VTIP is cheaper with a 0.03% expense ratio, compared with 0.09% for VUCE.DE.
VUCE.DE is categorized as Corporate Bonds, while VTIP is Inflation-Protected Bonds. VUCE.DE tracks Bloomberg Global Aggregate Corporate USD, while VTIP tracks Bloomberg U.S. Treasury Inflation-Protected Securities (TIPS) 0-5 Year Index. Their fees differ too: 0.09% for VUCE.DE and 0.03% for VTIP.
Find the right allocation for VUCE.DE and VTIP
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