VUCP.DE vs. XAT1.DE
Compare and contrast key facts about Vanguard USD Corporate Bond UCITS ETF Distributing (VUCP.DE) and Invesco AT1 Capital Bond ETF EUR Hedged Dist (XAT1.DE).
VUCP.DE and XAT1.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VUCP.DE is a passively managed fund by Vanguard that tracks the performance of the Bloomberg US Corp Bond TR USD. It was launched on Feb 24, 2016. XAT1.DE is a passively managed fund by Invesco that tracks the performance of the Markit iBoxx USD Contingent Convertible Liquid Developed Market AT1 (8% Issuer Cap) TR Index - USD. It was launched on Mar 9, 2020. Both VUCP.DE and XAT1.DE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
VUCP.DE vs. XAT1.DE - Performance Comparison
Loading graphics...
VUCP.DE vs. XAT1.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
VUCP.DE Vanguard USD Corporate Bond UCITS ETF Distributing | 1.65% | -4.23% | 8.63% | 4.43% | -9.72% | 7.26% | -0.54% | 17.45% | 2.72% |
XAT1.DE Invesco AT1 Capital Bond ETF EUR Hedged Dist | -1.84% | 8.61% | 8.34% | -0.02% | -12.08% | 2.58% | 5.80% | 15.11% | -0.93% |
Returns By Period
In the year-to-date period, VUCP.DE achieves a 1.65% return, which is significantly higher than XAT1.DE's -1.84% return.
VUCP.DE
- 1D
- 0.71%
- 1M
- -0.43%
- YTD
- 1.65%
- 6M
- 1.63%
- 1Y
- -1.31%
- 3Y*
- 2.73%
- 5Y*
- 1.19%
- 10Y*
- —
XAT1.DE
- 1D
- -1.03%
- 1M
- -1.05%
- YTD
- -1.84%
- 6M
- -0.52%
- 1Y
- 4.82%
- 3Y*
- 8.41%
- 5Y*
- 0.63%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
VUCP.DE vs. XAT1.DE - Expense Ratio Comparison
VUCP.DE has a 0.09% expense ratio, which is lower than XAT1.DE's 0.39% expense ratio.
Return for Risk
VUCP.DE vs. XAT1.DE — Risk / Return Rank
VUCP.DE
XAT1.DE
VUCP.DE vs. XAT1.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 Invesco AT1 Capital Bond ETF EUR Hedged Dist (XAT1.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 | XAT1.DE | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.16 | 0.89 | -1.05 |
Sortino ratioReturn per unit of downside risk | -0.15 | 1.20 | -1.35 |
Omega ratioGain probability vs. loss probability | 0.98 | 1.20 | -0.22 |
Calmar ratioReturn relative to maximum drawdown | 0.02 | 1.47 | -1.45 |
Martin ratioReturn relative to average drawdown | 0.05 | 6.57 | -6.51 |
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 graphics...
Sharpe Ratios by Period
| VUCP.DE | XAT1.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.16 | 0.89 | -1.05 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.15 | 0.08 | +0.07 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.33 | 0.29 | +0.05 |
Correlation
The correlation between VUCP.DE and XAT1.DE is 0.03, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
VUCP.DE vs. XAT1.DE - Dividend Comparison
VUCP.DE's dividend yield for the trailing twelve months is around 5.16%, less than XAT1.DE's 6.07% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VUCP.DE Vanguard USD Corporate Bond UCITS ETF Distributing | 5.16% | 5.41% | 4.83% | 4.45% | 3.56% | 2.50% | 3.06% | 3.27% | 3.48% | 3.36% |
XAT1.DE Invesco AT1 Capital Bond ETF EUR Hedged Dist | 6.07% | 5.95% | 6.40% | 6.17% | 6.02% | 4.42% | 5.23% | 5.59% | 2.63% | 0.00% |
Drawdowns
VUCP.DE vs. XAT1.DE - Drawdown Comparison
The maximum VUCP.DE drawdown since its inception was -14.51%, smaller than the maximum XAT1.DE drawdown of -28.95%. Use the drawdown chart below to compare losses from any high point for VUCP.DE and XAT1.DE.
Loading graphics...
Drawdown Indicators
| VUCP.DE | XAT1.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.51% | -28.95% | +14.44% |
Max Drawdown (1Y)Largest decline over 1 year | -6.35% | -3.84% | -2.51% |
Max Drawdown (5Y)Largest decline over 5 years | -12.70% | -27.74% | +15.04% |
Current DrawdownCurrent decline from peak | -5.08% | -3.01% | -2.07% |
Average DrawdownAverage peak-to-trough decline | -4.91% | -6.50% | +1.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.98% | 0.81% | +2.17% |
Volatility
VUCP.DE vs. XAT1.DE - Volatility Comparison
The current volatility for Vanguard USD Corporate Bond UCITS ETF Distributing (VUCP.DE) is 1.97%, while Invesco AT1 Capital Bond ETF EUR Hedged Dist (XAT1.DE) has a volatility of 2.72%. This indicates that VUCP.DE experiences smaller price fluctuations and is considered to be less risky than XAT1.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| VUCP.DE | XAT1.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.97% | 2.72% | -0.75% |
Volatility (6M)Calculated over the trailing 6-month period | 4.13% | 3.74% | +0.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.17% | 5.40% | +2.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.10% | 8.10% | 0.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.66% | 10.31% | -1.65% |