VUSD.L vs. VUAA.DE
VUSD.L (Vanguard S&P 500 UCITS ETF) and VUAA.DE (Vanguard S&P 500 UCITS USD Acc ETF) are both S&P 500 funds from Vanguard tracking the S&P 500 Index. Both are passively managed. Over the past 5 years, VUSD.L returned 13.71%/yr vs 13.71%/yr for VUAA.DE. Their correlation of 0.92 suggests significant overlap in exposure. Both charge a 0.07% expense ratio.
Performance
VUSD.L vs. VUAA.DE - Performance Comparison
Loading charts...
Different Trading Currencies
VUSD.L is traded in USD, while VUAA.DE is traded in EUR. To make them comparable, the VUAA.DE values have been converted to USD using the latest available exchange rates.
Returns By Period
The year-to-date returns for both stocks are quite close, with VUSD.L having a 10.34% return and VUAA.DE slightly lower at 10.13%.
VUSD.L
- 1D
- 0.02%
- 1M
- 3.22%
- YTD
- 10.34%
- 6M
- 10.77%
- 1Y
- 27.61%
- 3Y*
- 22.17%
- 5Y*
- 13.71%
- 10Y*
- 15.21%
VUAA.DE
- 1D
- -0.00%
- 1M
- 4.51%
- YTD
- 10.13%
- 6M
- 11.14%
- 1Y
- 27.80%
- 3Y*
- 22.11%
- 5Y*
- 13.71%
- 10Y*
- —
VUSD.L vs. VUAA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
VUSD.L Vanguard S&P 500 UCITS ETF | 10.34% | 17.37% | 25.26% | 26.78% | -18.74% | 29.43% | 14.60% |
VUAA.DE Vanguard S&P 500 UCITS USD Acc ETF | 10.12% | 18.18% | 24.76% | 26.39% | -19.02% | 29.66% | 14.83% |
Correlation
The correlation between VUSD.L and VUAA.DE is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.91 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.91 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.92 |
Correlation (All Time) Calculated using the full available price history since Feb 5, 2020 | 0.92 |
The correlation between VUSD.L and VUAA.DE has been stable across timeframes, ranging from 0.91 to 0.92 - 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
VUSD.L vs. VUAA.DE — Risk / Return Rank
VUSD.L
VUAA.DE
VUSD.L vs. VUAA.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard S&P 500 UCITS ETF (VUSD.L) and Vanguard S&P 500 UCITS USD Acc ETF (VUAA.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.
| VUSD.L | VUAA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.03 | ||
| Sortino ratioReturn per unit of downside risk | +0.05 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.42 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 3.39 | 3.21 | +0.17 |
| Martin ratioReturn relative to average drawdown | 14.57 | 13.65 | +0.92 |
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
| VUSD.L | VUAA.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.36 | 2.39 | -0.03 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.86 | 0.86 | 0.00 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.93 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.98 | 0.83 | +0.15 |
Drawdowns
VUSD.L vs. VUAA.DE - Drawdown Comparison
The maximum VUSD.L drawdown since its inception was -33.93%, roughly equal to the maximum VUAA.DE drawdown of -34.15%. Use the drawdown chart below to compare losses from any high point for VUSD.L and VUAA.DE.
Loading charts...
Drawdown Indicators
| VUSD.L | VUAA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.93% | -34.15% | +0.22% |
Max Drawdown (1Y)Largest decline over 1 year | -8.18% | -8.61% | +0.43% |
Max Drawdown (3Y)Largest decline over 3 years | -18.44% | -19.48% | +1.04% |
Max Drawdown (5Y)Largest decline over 5 years | -24.42% | -24.32% | -0.10% |
Max Drawdown (10Y)Largest decline over 10 years | -33.93% | — | — |
Current DrawdownCurrent decline from peak | -0.54% | -0.61% | +0.07% |
Average DrawdownAverage peak-to-trough decline | -3.71% | -5.57% | +1.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.91% | 2.03% | -0.12% |
Volatility
VUSD.L vs. VUAA.DE - Volatility Comparison
Vanguard S&P 500 UCITS ETF (VUSD.L) has a higher volatility of 3.19% compared to Vanguard S&P 500 UCITS USD Acc ETF (VUAA.DE) at 2.83%. This indicates that VUSD.L's price experiences larger fluctuations and is considered to be riskier than VUAA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| VUSD.L | VUAA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.19% | 2.83% | +0.36% |
Volatility (6M)Calculated over the trailing 6-month period | 8.59% | 8.16% | +0.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.73% | 11.59% | +0.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.00% | 15.83% | +0.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.25% | 18.38% | -2.13% |
VUSD.L vs. VUAA.DE - Expense Ratio Comparison
Both VUSD.L and VUAA.DE have an expense ratio of 0.07%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
VUSD.L vs. VUAA.DE - Dividend Comparison
VUSD.L's dividend yield for the trailing twelve months is around 0.86%, while VUAA.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VUAA.DE Vanguard S&P 500 UCITS USD Acc ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VUSD.L Vanguard S&P 500 UCITS ETF | 0.86% | 0.94% | 1.03% | 1.22% | 1.43% | 1.06% | 1.34% | 1.45% | 1.78% | 1.54% | 1.72% | 1.78% |
Frequently Asked Questions
With a correlation of 0.91, VUSD.L and VUAA.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
Both ETFs have the same 0.07% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
VUSD.L and VUAA.DE have the same expense ratio: 0.07% per year.
Both ETFs track S&P 500 Index.
Find the right allocation for VUSD.L and VUAA.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