VUDP.F vs. VGWE.DE

Last updated Jun 5, 2026

VUDP.F (Vanguard U.S. Treasury 1-3 Year Bond UCITS ETF EUR Hedged Distributing) and VGWE.DE (Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Acc) are both exchange-traded funds - VUDP.F is a Government Bonds fund tracking the Bloomberg U.S. Treasury 1-3 Year Index Hedged in EUR, while VGWE.DE is a Dividend fund tracking the FTSE All-World High Dividend Yield Index. Both are passively managed. At a 0.22 correlation, their price movements are largely independent. VUDP.F charges 0.10%/yr vs 0.29%/yr for VGWE.DE.

Performance

VUDP.F vs. VGWE.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Vanguard U.S. Treasury 1-3 Year Bond UCITS ETF EUR Hedged Distributing (VUDP.F) and Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Acc (VGWE.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VUDP.F achieves a -1.75% return, which is significantly lower than VGWE.DE's 12.43% return.

VUDP.F

• 1D: 0.10%
• 1M: -0.50%
• YTD: -1.75%
• 6M: -1.80%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

VGWE.DE

• 1D: 0.23%
• 1M: 2.28%
• YTD: 12.43%
• 6M: 13.64%
• 1Y: 24.97%
• 3Y*: 15.83%
• 5Y*: 11.47%
• 10Y*: —

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

VUDP.F vs. VGWE.DE - Yearly Performance Comparison

	2026 (YTD)	2025
VUDP.F Vanguard U.S. Treasury 1-3 Year Bond UCITS ETF EUR Hedged Distributing	-1.75%	1.21%
VGWE.DE Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Acc	12.43%	3.85%

Correlation

The correlation between VUDP.F and VGWE.DE is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 7, 2025	0.22

Return for Risk

VUDP.F vs. VGWE.DE — Risk / Return Rank

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

VGWE.DE

VGWE.DE Risk / Return Rank: 81
VGWE.DE Sharpe Ratio Rank: 81
VGWE.DE Sortino Ratio Rank: 83
VGWE.DE Omega Ratio Rank: 79
VGWE.DE Calmar Ratio Rank: 80
VGWE.DE Martin Ratio Rank: 81

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.

VUDP.F vs. VGWE.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard U.S. Treasury 1-3 Year Bond UCITS ETF EUR Hedged Distributing (VUDP.F) and Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Acc (VGWE.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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	VUDP.F	VGWE.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.60	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.99	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.43	1.10	-1.53

Drawdowns

VUDP.F vs. VGWE.DE - Drawdown Comparison

The maximum VUDP.F drawdown since its inception was -2.16%, smaller than the maximum VGWE.DE drawdown of -16.43%. Use the drawdown chart below to compare losses from any high point for VUDP.F and VGWE.DE.

Drawdown Indicators

	VUDP.F	VGWE.DE	Difference
Max Drawdown Largest peak-to-trough decline	-2.16%	-16.43%	+14.27%
Max Drawdown (1Y) Largest decline over 1 year	—	-6.00%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-16.43%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-16.43%	—
Current Drawdown Current decline from peak	-1.97%	-0.37%	-1.60%
Average Drawdown Average peak-to-trough decline	-0.82%	-2.37%	+1.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.56%	—

Volatility

Volatility by Period

	VUDP.F	VGWE.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.38%	—
Volatility (6M) Calculated over the trailing 6-month period	—	7.18%	—
Volatility (1Y) Calculated over the trailing 1-year period	2.34%	9.47%	-7.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.34%	11.51%	-9.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.34%	12.23%	-9.89%

VUDP.F vs. VGWE.DE - Expense Ratio Comparison

VUDP.F has a 0.10% expense ratio, which is lower than VGWE.DE's 0.29% expense ratio.

Dividends

VUDP.F vs. VGWE.DE - Dividend Comparison

Neither VUDP.F nor VGWE.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both VUDP.F and VGWE.DE in my portfolio?

VUDP.F and VGWE.DE have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, VUDP.F or VGWE.DE?

On fees, VUDP.F is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, VUDP.F or VGWE.DE?

VUDP.F is cheaper with a 0.10% expense ratio, compared with 0.29% for VGWE.DE.

What is the main difference between VUDP.F and VGWE.DE?

VUDP.F is categorized as Government Bonds, while VGWE.DE is Dividend. VUDP.F tracks Bloomberg U.S. Treasury 1-3 Year Index Hedged in EUR, while VGWE.DE tracks FTSE All-World High Dividend Yield Index. Their fees differ too: 0.10% for VUDP.F and 0.29% for VGWE.DE.