VUCP.L vs. PRIP.L

Last updated Jun 5, 2026

VUCP.L (Vanguard USD Corporate Bond UCITS ETF Distributing) and PRIP.L (Amundi Prime US Corporates UCITS ETF DR (D)) are both Corporate Bonds funds tracking the Bloomberg US Corp Bond TR USD, from Vanguard and Amundi respectively. Both are passively managed. Over the past year, VUCP.L returned 5.40% vs 1.54% for PRIP.L. Their correlation of 0.94 suggests significant overlap in exposure. VUCP.L charges 0.09%/yr vs 0.05%/yr for PRIP.L.

Performance

VUCP.L vs. PRIP.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Vanguard USD Corporate Bond UCITS ETF Distributing (VUCP.L) and Amundi Prime US Corporates UCITS ETF DR (D) (PRIP.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

VUCP.L is traded in GBP, while PRIP.L is traded in GBp. To make them comparable, the PRIP.L values have been converted to GBP using the latest available exchange rates.

Returns By Period

In the year-to-date period, VUCP.L achieves a 0.04% return, which is significantly higher than PRIP.L's -0.05% return.

VUCP.L

• 1D: 0.29%
• 1M: 1.42%
• YTD: 0.04%
• 6M: -0.47%
• 1Y: 5.40%
• 3Y*: 1.87%
• 5Y*: 1.01%
• 10Y*: 2.70%

PRIP.L

• 1D: -0.13%
• 1M: 1.24%
• YTD: -0.05%
• 6M: -5.06%
• 1Y: 1.54%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

VUCP.L vs. PRIP.L - Yearly Performance Comparison

	2026 (YTD)	2025
VUCP.L Vanguard USD Corporate Bond UCITS ETF Distributing	0.04%	4.72%
PRIP.L Amundi Prime US Corporates UCITS ETF DR (D)	-0.05%	0.86%

Correlation

The correlation between VUCP.L and PRIP.L is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.94
Correlation (All Time) Calculated using the full available price history since Apr 29, 2025	0.94

The correlation between VUCP.L and PRIP.L has been stable across timeframes, ranging from 0.94 to 0.94 - a consistent structural relationship.

Return for Risk

VUCP.L vs. PRIP.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

VUCP.L

VUCP.L Risk / Return Rank: 24
VUCP.L Sharpe Ratio Rank: 25
VUCP.L Sortino Ratio Rank: 25
VUCP.L Omega Ratio Rank: 24
VUCP.L Calmar Ratio Rank: 24
VUCP.L Martin Ratio Rank: 21

PRIP.L

PRIP.L Risk / Return Rank: 11
PRIP.L Sharpe Ratio Rank: 12
PRIP.L Sortino Ratio Rank: 11
PRIP.L Omega Ratio Rank: 12
PRIP.L Calmar Ratio Rank: 11
PRIP.L Martin Ratio Rank: 11

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

VUCP.L vs. PRIP.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard USD Corporate Bond UCITS ETF Distributing (VUCP.L) and Amundi Prime US Corporates UCITS ETF DR (D) (PRIP.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.

	VUCP.L	PRIP.L	Difference
Sharpe ratio: Return per unit of total volatility	0.90	0.23	+0.66
Sortino ratio: Return per unit of downside risk	1.35	0.34	+1.01
Omega ratio: Gain probability vs. loss probability	1.15	1.05	+0.10
Calmar ratio: Return relative to maximum drawdown	1.08	0.20	+0.88
Martin ratio: Return relative to average drawdown	2.44	0.37	+2.07
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VUCP.L vs. PRIP.L - Sharpe Ratio Comparison

The current VUCP.L Sharpe Ratio is 0.90, which is higher than the PRIP.L Sharpe Ratio of 0.23. The chart below compares the historical Sharpe Ratios of VUCP.L and PRIP.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	VUCP.L	PRIP.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.90	0.23	+0.66
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.12	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.27	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.27	0.09	+0.18

Drawdowns

VUCP.L vs. PRIP.L - Drawdown Comparison

The maximum VUCP.L drawdown since its inception was -16.84%, which is greater than PRIP.L's maximum drawdown of -9.14%. Use the drawdown chart below to compare losses from any high point for VUCP.L and PRIP.L.

Drawdown Indicators

	VUCP.L	PRIP.L	Difference
Max Drawdown Largest peak-to-trough decline	-16.84%	-9.14%	-7.70%
Max Drawdown (1Y) Largest decline over 1 year	-5.00%	-9.14%	+4.14%
Max Drawdown (3Y) Largest decline over 3 years	-9.00%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-13.14%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-16.84%	—	—
Current Drawdown Current decline from peak	-7.67%	-6.78%	-0.89%
Average Drawdown Average peak-to-trough decline	-7.67%	-3.49%	-4.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.21%	4.95%	-2.74%

Volatility

VUCP.L vs. PRIP.L - Volatility Comparison

Vanguard USD Corporate Bond UCITS ETF Distributing (VUCP.L) and Amundi Prime US Corporates UCITS ETF DR (D) (PRIP.L) have volatilities of 1.62% and 1.68%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VUCP.L	PRIP.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.62%	1.68%	-0.06%
Volatility (6M) Calculated over the trailing 6-month period	4.46%	6.61%	-2.15%
Volatility (1Y) Calculated over the trailing 1-year period	5.99%	7.82%	-1.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.51%	7.90%	+0.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.92%	7.90%	+2.02%

VUCP.L vs. PRIP.L - Expense Ratio Comparison

VUCP.L has a 0.09% expense ratio, which is higher than PRIP.L's 0.05% 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

VUCP.L vs. PRIP.L - Dividend Comparison

VUCP.L's dividend yield for the trailing twelve months is around 3.85%, while PRIP.L has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
PRIP.L Amundi Prime US Corporates UCITS ETF DR (D)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VUCP.L Vanguard USD Corporate Bond UCITS ETF Distributing	3.85%	4.02%	4.73%	3.57%	2.79%	1.85%	2.36%	2.64%	2.58%	2.57%	1.73%

Frequently Asked Questions

Can I hold both VUCP.L and PRIP.L in my portfolio?

With a correlation of 0.94, VUCP.L and PRIP.L move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, VUCP.L or PRIP.L?

On fees, PRIP.L is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, VUCP.L or PRIP.L?

PRIP.L is cheaper with a 0.05% expense ratio, compared with 0.09% for VUCP.L.

What is the main difference between VUCP.L and PRIP.L?

Both ETFs track Bloomberg US Corp Bond TR USD. They also come from different issuers: Vanguard and Amundi. Their fees differ too: 0.09% for VUCP.L and 0.05% for PRIP.L.