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VUSC.DE vs. VGWL.DE
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

VUSC.DE vs. VGWL.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 UCITS ETF Distributing (VGWL.DE). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, VUSC.DE achieves a 1.87% return, which is significantly lower than VGWL.DE's 12.63% return.


VUSC.DE

1D
0.01%
1M
1.29%
YTD
1.87%
6M
1.19%
1Y
2.08%
3Y*
2.04%
5Y*
3.26%
10Y*

VGWL.DE

1D
-0.24%
1M
3.64%
YTD
12.63%
6M
12.78%
1Y
26.26%
3Y*
17.85%
5Y*
12.28%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

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


2026 (YTD)20252024202320222021202020192018
VUSC.DE
Vanguard USD Corporate 1-3 Bond UCITS ETF Distributing
1.87%-6.35%11.06%1.80%2.07%7.98%-5.89%5.78%2.05%
VGWL.DE
Vanguard FTSE All-World UCITS ETF Distributing
12.63%9.18%24.40%18.17%-13.48%28.60%5.38%30.12%-8.30%

Correlation

The correlation between VUSC.DE and VGWL.DE is 0.09, 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

0.09

Correlation (3Y)
Calculated over the trailing 3-year period

0.15

Correlation (5Y)
Calculated over the trailing 5-year period

0.03

Correlation (All Time)
Calculated using the full available price history since May 25, 2018

0.07

The correlation between VUSC.DE and VGWL.DE shifts across timeframes, from 0.03 (5 years) to 0.15 (3 years), reflecting how their relationship changes across market environments.

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Return for Risk

VUSC.DE vs. VGWL.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: 1414
Overall Rank
VUSC.DE Sharpe Ratio Rank: 1414
Sharpe Ratio Rank
VUSC.DE Sortino Ratio Rank: 1313
Sortino Ratio Rank
VUSC.DE Omega Ratio Rank: 1313
Omega Ratio Rank
VUSC.DE Calmar Ratio Rank: 1616
Calmar Ratio Rank
VUSC.DE Martin Ratio Rank: 1515
Martin Ratio Rank

VGWL.DE
VGWL.DE Risk / Return Rank: 7676
Overall Rank
VGWL.DE Sharpe Ratio Rank: 7272
Sharpe Ratio Rank
VGWL.DE Sortino Ratio Rank: 7373
Sortino Ratio Rank
VGWL.DE Omega Ratio Rank: 7575
Omega Ratio Rank
VGWL.DE Calmar Ratio Rank: 7979
Calmar Ratio Rank
VGWL.DE Martin Ratio Rank: 8282
Martin Ratio Rank
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. VGWL.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 UCITS ETF Distributing (VGWL.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.DEVGWL.DEDifference
Sharpe ratioReturn per unit of total volatility

-1.98

Sortino ratioReturn per unit of downside risk

-2.73

Omega ratioGain probability vs. loss probability

1.06

1.44

-0.37

Calmar ratioReturn relative to maximum drawdown

0.56

3.99

-3.43

Martin ratioReturn relative to average drawdown

1.30

16.38

-15.08

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

The current VUSC.DE Sharpe Ratio is 0.35, which is lower than the VGWL.DE Sharpe Ratio of 2.32. The chart below compares the historical Sharpe Ratios of VUSC.DE and VGWL.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.


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Sharpe Ratios by Period


VUSC.DEVGWL.DEDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.35

2.32

-1.98

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.46

0.88

-0.42

Sharpe Ratio (All Time)

Calculated using the full available price history

0.35

0.77

-0.41

Drawdowns

VUSC.DE vs. VGWL.DE - Drawdown Comparison

The maximum VUSC.DE drawdown since its inception was -11.44%, smaller than the maximum VGWL.DE drawdown of -33.40%. Use the drawdown chart below to compare losses from any high point for VUSC.DE and VGWL.DE.


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Drawdown Indicators


VUSC.DEVGWL.DEDifference

Max Drawdown

Largest peak-to-trough decline

-11.44%

-33.40%

+21.96%

Max Drawdown (1Y)

Largest decline over 1 year

-3.36%

-6.57%

+3.21%

Max Drawdown (3Y)

Largest decline over 3 years

-10.76%

-21.04%

+10.28%

Max Drawdown (5Y)

Largest decline over 5 years

-11.44%

-21.04%

+9.60%

Current Drawdown

Current decline from peak

-6.70%

-0.64%

-6.06%

Average Drawdown

Average peak-to-trough decline

-4.51%

-4.34%

-0.17%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.46%

1.61%

-0.15%

Volatility

VUSC.DE vs. VGWL.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 UCITS ETF Distributing (VGWL.DE) has a volatility of 3.02%. This indicates that VUSC.DE experiences smaller price fluctuations and is considered to be less risky than VGWL.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


VUSC.DEVGWL.DEDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.04%

3.02%

-1.98%

Volatility (6M)

Calculated over the trailing 6-month period

3.65%

8.13%

-4.48%

Volatility (1Y)

Calculated over the trailing 1-year period

5.48%

11.29%

-5.81%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

7.03%

13.76%

-6.73%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

6.66%

15.51%

-8.85%

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

VUSC.DE has a 0.09% expense ratio, which is lower than VGWL.DE's 0.22% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


Dividends

VUSC.DE vs. VGWL.DE - Dividend Comparison

VUSC.DE's dividend yield for the trailing twelve months is around 3.94%, more than VGWL.DE's 1.24% yield.


PositionTTM202520242023202220212020201920182017
VGWL.DE
Vanguard FTSE All-World UCITS ETF Distributing
1.24%1.42%1.48%1.73%2.09%1.43%1.56%1.87%2.26%0.37%
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%

Frequently Asked Questions


VUSC.DE and VGWL.DE have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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.

VUSC.DE is cheaper with a 0.09% expense ratio, compared with 0.22% for VGWL.DE.

VUSC.DE is categorized as Corporate Bonds, while VGWL.DE is Global Equities. VUSC.DE tracks Bloomberg US Corp 1-3 Yr TR USD, while VGWL.DE tracks FTSE All-World. Their fees differ too: 0.09% for VUSC.DE and 0.22% for VGWL.DE.

Portfolio Optimizer

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