VUDP.F vs. VUDY.DE

Last updated Jun 5, 2026

VUDP.F (Vanguard U.S. Treasury 1-3 Year Bond UCITS ETF EUR Hedged Distributing) and VUDY.DE (Vanguard U.S. Treasury 1-3 Year Bond UCITS ETF USD Distributing) are both Government Bonds funds from Vanguard - VUDP.F tracks the Bloomberg U.S. Treasury 1-3 Year Index Hedged in EUR while VUDY.DE tracks the Bloomberg US Treasury 1-3 Year Index. Both are passively managed. At a correlation of -0.33, they often move in opposite directions. VUDP.F charges 0.10%/yr vs 0.05%/yr for VUDY.DE.

Performance

VUDP.F vs. VUDY.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 U.S. Treasury 1-3 Year Bond UCITS ETF USD Distributing (VUDY.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 VUDY.DE's 1.50% return.

VUDP.F

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

VUDY.DE

• 1D: -0.04%
• 1M: 1.05%
• YTD: 1.50%
• 6M: 0.79%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

VUDP.F vs. VUDY.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%
VUDY.DE Vanguard U.S. Treasury 1-3 Year Bond UCITS ETF USD Distributing	1.50%	-1.28%

Correlation

The correlation between VUDP.F and VUDY.DE is -0.33, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 7, 2025	-0.33

Return for Risk

VUDP.F vs. VUDY.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 U.S. Treasury 1-3 Year Bond UCITS ETF USD Distributing (VUDY.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	VUDY.DE	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.43	0.07	-0.50

Drawdowns

VUDP.F vs. VUDY.DE - Drawdown Comparison

The maximum VUDP.F drawdown since its inception was -2.16%, smaller than the maximum VUDY.DE drawdown of -3.65%. Use the drawdown chart below to compare losses from any high point for VUDP.F and VUDY.DE.

Drawdown Indicators

	VUDP.F	VUDY.DE	Difference
Max Drawdown Largest peak-to-trough decline	-2.16%	-3.65%	+1.49%
Current Drawdown Current decline from peak	-1.97%	-1.43%	-0.54%
Average Drawdown Average peak-to-trough decline	-0.82%	-1.51%	+0.69%

Volatility

Volatility by Period

	VUDP.F	VUDY.DE	Difference
Volatility (1Y) Calculated over the trailing 1-year period	2.34%	5.20%	-2.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.34%	5.20%	-2.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.34%	5.20%	-2.86%

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

VUDP.F has a 0.10% expense ratio, which is higher than VUDY.DE'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

VUDP.F vs. VUDY.DE - Dividend Comparison

VUDP.F has not paid dividends to shareholders, while VUDY.DE's dividend yield for the trailing twelve months is around 1.63%.

Position	TTM	2025
VUDP.F Vanguard U.S. Treasury 1-3 Year Bond UCITS ETF EUR Hedged Distributing	0.00%	0.00%
VUDY.DE Vanguard U.S. Treasury 1-3 Year Bond UCITS ETF USD Distributing	1.63%	0.37%

Frequently Asked Questions

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

VUDP.F and VUDY.DE have a correlation of -0.33, 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 VUDY.DE?

On fees, VUDY.DE 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, VUDP.F or VUDY.DE?

VUDY.DE is cheaper with a 0.05% expense ratio, compared with 0.10% for VUDP.F.

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

VUDP.F tracks Bloomberg U.S. Treasury 1-3 Year Index Hedged in EUR, while VUDY.DE tracks Bloomberg US Treasury 1-3 Year Index. Their fees differ too: 0.10% for VUDP.F and 0.05% for VUDY.DE.