VUCP.DE vs. CBU0.DE
VUCP.DE (Vanguard USD Corporate Bond UCITS ETF Distributing) and CBU0.DE (iShares Core GBP Corporate Bond UCITS ETF (EUR Hedged) Acc) are both Corporate Bonds funds - VUCP.DE tracks the Bloomberg US Corp Bond TR USD while CBU0.DE tracks the iBoxx® GBP Liquid Corporates Large Cap (EUR Hedged). Both are passively managed. Over the past 3 years, VUCP.DE returned 2.61%/yr vs 3.94%/yr for CBU0.DE. At a 0.35 correlation, their price movements are largely independent. VUCP.DE charges 0.09%/yr vs 0.25%/yr for CBU0.DE.
Performance
VUCP.DE vs. CBU0.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, VUCP.DE achieves a 1.74% return, which is significantly higher than CBU0.DE's -0.89% return.
VUCP.DE
- 1D
- 0.12%
- 1M
- 1.25%
- YTD
- 1.74%
- 6M
- 1.22%
- 1Y
- 4.19%
- 3Y*
- 2.61%
- 5Y*
- 1.65%
- 10Y*
- —
CBU0.DE
- 1D
- 0.17%
- 1M
- 0.91%
- YTD
- -0.89%
- 6M
- -0.71%
- 1Y
- 2.45%
- 3Y*
- 3.94%
- 5Y*
- —
- 10Y*
- —
VUCP.DE vs. CBU0.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
VUCP.DE Vanguard USD Corporate Bond UCITS ETF Distributing | 1.74% | -4.23% | 8.63% | 1.79% |
CBU0.DE iShares Core GBP Corporate Bond UCITS ETF (EUR Hedged) Acc | -0.89% | 4.58% | -0.25% | 5.06% |
Correlation
The correlation between VUCP.DE and CBU0.DE is 0.09, 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 | 0.09 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since Mar 27, 2023 | 0.35 |
Over the past year, the correlation between VUCP.DE and CBU0.DE has dropped to 0.09 - well below their long-term average of 0.35, suggesting their price drivers have been diverging.
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
VUCP.DE vs. CBU0.DE — Risk / Return Rank
VUCP.DE
CBU0.DE
VUCP.DE vs. CBU0.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard USD Corporate Bond UCITS ETF Distributing (VUCP.DE) and iShares Core GBP Corporate Bond UCITS ETF (EUR Hedged) Acc (CBU0.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.
| VUCP.DE | CBU0.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.19 | ||
| Sortino ratioReturn per unit of downside risk | +0.27 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 1.09 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 1.16 | 0.58 | +0.58 |
| Martin ratioReturn relative to average drawdown | 3.03 | 1.62 | +1.41 |
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
| VUCP.DE | CBU0.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.67 | 0.48 | +0.19 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.20 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.31 | 0.45 | -0.14 |
Drawdowns
VUCP.DE vs. CBU0.DE - Drawdown Comparison
The maximum VUCP.DE drawdown since its inception was -14.51%, which is greater than CBU0.DE's maximum drawdown of -6.02%. Use the drawdown chart below to compare losses from any high point for VUCP.DE and CBU0.DE.
Loading charts...
Drawdown Indicators
| VUCP.DE | CBU0.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.51% | -6.02% | -8.49% |
Max Drawdown (1Y)Largest decline over 1 year | -3.33% | -4.20% | +0.87% |
Max Drawdown (3Y)Largest decline over 3 years | -10.94% | -4.20% | -6.74% |
Max Drawdown (5Y)Largest decline over 5 years | -12.70% | — | — |
Current DrawdownCurrent decline from peak | -4.99% | -2.03% | -2.96% |
Average DrawdownAverage peak-to-trough decline | -4.96% | -1.65% | -3.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.29% | 1.52% | -0.23% |
Volatility
VUCP.DE vs. CBU0.DE - Volatility Comparison
The current volatility for Vanguard USD Corporate Bond UCITS ETF Distributing (VUCP.DE) is 0.96%, while iShares Core GBP Corporate Bond UCITS ETF (EUR Hedged) Acc (CBU0.DE) has a volatility of 2.00%. This indicates that VUCP.DE experiences smaller price fluctuations and is considered to be less risky than CBU0.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| VUCP.DE | CBU0.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.96% | 2.00% | -1.04% |
Volatility (6M)Calculated over the trailing 6-month period | 3.85% | 4.39% | -0.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.79% | 5.11% | +0.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.02% | 5.81% | +2.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.42% | 5.81% | +2.61% |
VUCP.DE vs. CBU0.DE - Expense Ratio Comparison
VUCP.DE has a 0.09% expense ratio, which is lower than CBU0.DE's 0.25% 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
VUCP.DE vs. CBU0.DE - Dividend Comparison
VUCP.DE's dividend yield for the trailing twelve months is around 5.15%, while CBU0.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
CBU0.DE iShares Core GBP Corporate Bond UCITS ETF (EUR Hedged) Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VUCP.DE Vanguard USD Corporate Bond UCITS ETF Distributing | 5.15% | 5.41% | 4.83% | 4.45% | 3.56% | 2.50% | 3.06% | 3.27% | 3.48% | 3.36% |
Frequently Asked Questions
VUCP.DE and CBU0.DE have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VUCP.DE is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VUCP.DE is cheaper with a 0.09% expense ratio, compared with 0.25% for CBU0.DE.
VUCP.DE tracks Bloomberg US Corp Bond TR USD, while CBU0.DE tracks iBoxx® GBP Liquid Corporates Large Cap (EUR Hedged). They also come from different issuers: Vanguard and iShares. Their fees differ too: 0.09% for VUCP.DE and 0.25% for CBU0.DE.
Find the right allocation for VUCP.DE and CBU0.DE
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