VUCP.L vs. VUSC.DE
VUCP.L (Vanguard USD Corporate Bond UCITS ETF Distributing) and VUSC.DE (Vanguard USD Corporate 1-3 Bond UCITS ETF Distributing) are both Corporate Bonds funds from Vanguard - VUCP.L tracks the Bloomberg US Corp Bond TR USD while VUSC.DE tracks the Bloomberg US Corp 1-3 Yr TR USD. Both are passively managed. Over the past 5 years, VUCP.L returned 1.01%/yr vs 3.41%/yr for VUSC.DE. A 0.70 correlation means they provide meaningful diversification when combined. Both charge a 0.09% expense ratio.
Performance
VUCP.L vs. VUSC.DE - Performance Comparison
Loading charts...
Different Trading Currencies
VUCP.L is traded in GBP, while VUSC.DE is traded in EUR. To make them comparable, the VUSC.DE 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 lower than VUSC.DE's 1.07% 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%
VUSC.DE
- 1D
- 0.13%
- 1M
- 1.16%
- YTD
- 1.07%
- 6M
- 0.37%
- 1Y
- 4.65%
- 3Y*
- 2.19%
- 5Y*
- 3.41%
- 10Y*
- —
VUCP.L vs. VUSC.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
VUCP.L Vanguard USD Corporate Bond UCITS ETF Distributing | 0.04% | -0.91% | 4.32% | 1.29% | -5.38% | -0.63% | 4.96% | 10.22% | 4.65% |
VUSC.DE Vanguard USD Corporate 1-3 Bond UCITS ETF Distributing | 1.07% | -1.47% | 6.21% | -0.23% | 7.66% | 0.36% | -0.58% | 0.28% | 4.99% |
Correlation
The correlation between VUCP.L and VUSC.DE is 0.70, 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 | 0.70 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.68 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.68 |
Correlation (All Time) Calculated using the full available price history since May 25, 2018 | 0.70 |
The correlation between VUCP.L and VUSC.DE has been stable across timeframes, ranging from 0.68 to 0.70 - 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
VUCP.L vs. VUSC.DE — Risk / Return Rank
VUCP.L
VUSC.DE
VUCP.L vs. VUSC.DE - 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 Vanguard USD Corporate 1-3 Bond UCITS ETF Distributing (VUSC.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.L | VUSC.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.15 | ||
| Sortino ratioReturn per unit of downside risk | +0.23 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.13 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 1.08 | 1.01 | +0.07 |
| Martin ratioReturn relative to average drawdown | 2.44 | 2.54 | -0.10 |
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.L | VUSC.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.90 | 0.75 | +0.15 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.12 | 0.42 | -0.30 |
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 | 0.27 | +0.01 |
Drawdowns
VUCP.L vs. VUSC.DE - Drawdown Comparison
The maximum VUCP.L drawdown since its inception was -16.84%, which is greater than VUSC.DE's maximum drawdown of -15.57%. Use the drawdown chart below to compare losses from any high point for VUCP.L and VUSC.DE.
Loading charts...
Drawdown Indicators
| VUCP.L | VUSC.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.84% | -15.57% | -1.27% |
Max Drawdown (1Y)Largest decline over 1 year | -5.00% | -4.59% | -0.41% |
Max Drawdown (3Y)Largest decline over 3 years | -9.00% | -8.90% | -0.10% |
Max Drawdown (5Y)Largest decline over 5 years | -13.14% | -15.57% | +2.43% |
Max Drawdown (10Y)Largest decline over 10 years | -16.84% | — | — |
Current DrawdownCurrent decline from peak | -7.67% | -5.27% | -2.40% |
Average DrawdownAverage peak-to-trough decline | -7.67% | -6.57% | -1.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.21% | 1.83% | +0.38% |
Volatility
VUCP.L vs. VUSC.DE - Volatility Comparison
Vanguard USD Corporate Bond UCITS ETF Distributing (VUCP.L) and Vanguard USD Corporate 1-3 Bond UCITS ETF Distributing (VUSC.DE) have volatilities of 1.62% and 1.70%, 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.
Loading charts...
Volatility by Period
| VUCP.L | VUSC.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.62% | 1.70% | -0.08% |
Volatility (6M)Calculated over the trailing 6-month period | 4.46% | 4.39% | +0.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.99% | 6.16% | -0.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.51% | 8.02% | +0.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.92% | 8.26% | +1.66% |
VUCP.L vs. VUSC.DE - Expense Ratio Comparison
Both VUCP.L and VUSC.DE have an expense ratio of 0.09%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
VUCP.L vs. VUSC.DE - Dividend Comparison
VUCP.L's dividend yield for the trailing twelve months is around 3.85%, less than VUSC.DE's 3.94% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
VUSC.DE Vanguard USD Corporate 1-3 Bond UCITS ETF Distributing | 3.94% | 4.49% | 4.42% | 4.11% | 1.92% | 0.85% | 1.90% | 0.92% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
VUCP.L and VUSC.DE have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.09% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
VUCP.L and VUSC.DE have the same expense ratio: 0.09% per year.
VUCP.L tracks Bloomberg US Corp Bond TR USD, while VUSC.DE tracks Bloomberg US Corp 1-3 Yr TR USD.
Find the right allocation for VUCP.L and VUSC.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