VUSC.DE vs. VGWE.DE

Last updated Jun 5, 2026

VUSC.DE (Vanguard USD Corporate 1-3 Bond UCITS ETF Distributing) and VGWE.DE (Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Acc) are both exchange-traded funds - VUSC.DE is a Corporate Bonds fund tracking the Bloomberg US Corp 1-3 Yr TR USD, while VGWE.DE is a Dividend fund tracking the FTSE All-World High Dividend Yield Index. Both are passively managed. Over the past 5 years, VUSC.DE returned 3.26%/yr vs 11.47%/yr for VGWE.DE. At a 0.05 correlation, their price movements are largely independent. VUSC.DE charges 0.09%/yr vs 0.29%/yr for VGWE.DE.

Performance

VUSC.DE vs. VGWE.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Vanguard USD Corporate 1-3 Bond UCITS ETF Distributing (VUSC.DE) 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, VUSC.DE achieves a 1.87% return, which is significantly lower than VGWE.DE's 12.43% return.

VUSC.DE

• 1D: 0.01%
• 1M: 0.93%
• YTD: 1.87%
• 6M: 1.35%
• 1Y: 1.90%
• 3Y*: 2.04%
• 5Y*: 3.26%
• 10Y*: —

VGWE.DE

• 1D: 0.23%
• 1M: 3.30%
• YTD: 12.43%
• 6M: 14.13%
• 1Y: 24.76%
• 3Y*: 15.83%
• 5Y*: 11.47%
• 10Y*: —

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

VUSC.DE vs. VGWE.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
VUSC.DE Vanguard USD Corporate 1-3 Bond UCITS ETF Distributing	1.87%	-6.35%	11.06%	1.80%	2.07%	7.98%	-7.17%
VGWE.DE Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Acc	12.43%	12.81%	15.59%	7.89%	0.02%	27.83%	6.23%

Correlation

The correlation between VUSC.DE and VGWE.DE is 0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.05
Correlation (3Y) Calculated over the trailing 3-year period	0.11
Correlation (5Y) Calculated over the trailing 5-year period	0.03
Correlation (All Time) Calculated using the full available price history since Jun 4, 2020	0.05

Return for Risk

VUSC.DE vs. VGWE.DE — Risk / Return Rank

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

VUSC.DE

VUSC.DE Risk / Return Rank: 14
VUSC.DE Sharpe Ratio Rank: 14
VUSC.DE Sortino Ratio Rank: 13
VUSC.DE Omega Ratio Rank: 13
VUSC.DE Calmar Ratio Rank: 16
VUSC.DE Martin Ratio Rank: 15

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.

VUSC.DE vs. VGWE.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard USD Corporate 1-3 Bond UCITS ETF Distributing (VUSC.DE) 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.

	VUSC.DE	VGWE.DE	Difference
Sharpe ratio: Return per unit of total volatility	0.35	2.60	-2.26
Sortino ratio: Return per unit of downside risk	0.53	3.65	-3.12
Omega ratio: Gain probability vs. loss probability	1.06	1.47	-0.41
Calmar ratio: Return relative to maximum drawdown	0.56	4.11	-3.55
Martin ratio: Return relative to average drawdown	1.30	15.82	-14.52
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VUSC.DE vs. VGWE.DE - Sharpe Ratio Comparison

The current VUSC.DE Sharpe Ratio is 0.35, which is lower than the VGWE.DE Sharpe Ratio of 2.60. The chart below compares the historical Sharpe Ratios of VUSC.DE and VGWE.DE, 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

	VUSC.DE	VGWE.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.35	2.60	-2.26
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.46	0.99	-0.53
Sharpe Ratio (All Time) Calculated using the full available price history	0.35	1.10	-0.74

Drawdowns

VUSC.DE vs. VGWE.DE - Drawdown Comparison

The maximum VUSC.DE drawdown since its inception was -11.44%, smaller than the maximum VGWE.DE drawdown of -16.43%. Use the drawdown chart below to compare losses from any high point for VUSC.DE and VGWE.DE.

Drawdown Indicators

	VUSC.DE	VGWE.DE	Difference
Max Drawdown Largest peak-to-trough decline	-11.44%	-16.43%	+4.99%
Max Drawdown (1Y) Largest decline over 1 year	-3.36%	-6.00%	+2.64%
Max Drawdown (3Y) Largest decline over 3 years	-10.76%	-16.43%	+5.67%
Max Drawdown (5Y) Largest decline over 5 years	-11.44%	-16.43%	+4.99%
Current Drawdown Current decline from peak	-6.70%	-0.37%	-6.33%
Average Drawdown Average peak-to-trough decline	-4.51%	-2.37%	-2.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.46%	1.56%	-0.10%

Volatility

VUSC.DE vs. VGWE.DE - Volatility Comparison

The current volatility for Vanguard USD Corporate 1-3 Bond UCITS ETF Distributing (VUSC.DE) is 1.04%, while Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Acc (VGWE.DE) has a volatility of 2.38%. This indicates that VUSC.DE experiences smaller price fluctuations and is considered to be less risky than VGWE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VUSC.DE	VGWE.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.04%	2.38%	-1.34%
Volatility (6M) Calculated over the trailing 6-month period	3.65%	7.18%	-3.53%
Volatility (1Y) Calculated over the trailing 1-year period	5.48%	9.47%	-3.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.03%	11.51%	-4.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.66%	12.23%	-5.57%

VUSC.DE vs. VGWE.DE - Expense Ratio Comparison

VUSC.DE has a 0.09% expense ratio, which is lower than VGWE.DE's 0.29% expense ratio.

Dividends

VUSC.DE vs. VGWE.DE - Dividend Comparison

VUSC.DE's dividend yield for the trailing twelve months is around 3.94%, while VGWE.DE has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
VGWE.DE Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Acc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
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%

Frequently Asked Questions

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

VUSC.DE and VGWE.DE have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, VUSC.DE or VGWE.DE?

On fees, VUSC.DE is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, VUSC.DE or VGWE.DE?

VUSC.DE is cheaper with a 0.09% expense ratio, compared with 0.29% for VGWE.DE.

What is the main difference between VUSC.DE and VGWE.DE?

VUSC.DE is categorized as Corporate Bonds, while VGWE.DE is Dividend. VUSC.DE tracks Bloomberg US Corp 1-3 Yr TR USD, while VGWE.DE tracks FTSE All-World High Dividend Yield Index. Their fees differ too: 0.09% for VUSC.DE and 0.29% for VGWE.DE.