VUTY.L vs. VWRP.L
VUTY.L (Vanguard USD Treasury Bond UCITS ETF Distributing) and VWRP.L (Vanguard FTSE All-World UCITS ETF (USD) Accumulating) are both exchange-traded funds - VUTY.L is a Government Bonds fund tracking the Bloomberg Global Aggregate US Treasury Float Adjusted Index, while VWRP.L is a Global Equities fund tracking the FTSE All-World Index. Both are passively managed. Over the past 5 years, VUTY.L returned 0.61%/yr vs 12.46%/yr for VWRP.L. At a correlation of -0.01, they often move in opposite directions. VUTY.L charges 0.05%/yr vs 0.22%/yr for VWRP.L.
Performance
VUTY.L vs. VWRP.L - Performance Comparison
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Returns By Period
In the year-to-date period, VUTY.L achieves a -0.16% return, which is significantly lower than VWRP.L's 11.92% return.
VUTY.L
- 1D
- 0.07%
- 1M
- 0.78%
- YTD
- -0.16%
- 6M
- -0.78%
- 1Y
- 4.55%
- 3Y*
- 0.23%
- 5Y*
- 0.61%
- 10Y*
- 1.68%
VWRP.L
- 1D
- -0.03%
- 1M
- 3.78%
- YTD
- 11.92%
- 6M
- 11.87%
- 1Y
- 29.79%
- 3Y*
- 17.99%
- 5Y*
- 12.46%
- 10Y*
- —
VUTY.L vs. VWRP.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
VUTY.L Vanguard USD Treasury Bond UCITS ETF Distributing | -0.16% | -1.13% | 2.55% | -1.94% | -1.87% | -1.11% | 3.99% | -3.34% |
VWRP.L Vanguard FTSE All-World UCITS ETF (USD) Accumulating | 11.92% | 13.94% | 19.60% | 15.64% | -8.41% | 20.00% | 12.27% | 1.72% |
Correlation
The correlation between VUTY.L and VWRP.L is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.10 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.01 |
Correlation (All Time) Calculated using the full available price history since Jul 26, 2019 | -0.01 |
The correlation between VUTY.L and VWRP.L shifts across timeframes, from -0.01 (5 years) to 0.11 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
VUTY.L vs. VWRP.L — Risk / Return Rank
VUTY.L
VWRP.L
VUTY.L vs. VWRP.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard USD Treasury Bond UCITS ETF Distributing (VUTY.L) and Vanguard FTSE All-World UCITS ETF (USD) Accumulating (VWRP.L). 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.
| VUTY.L | VWRP.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.14 | ||
| Sortino ratioReturn per unit of downside risk | -2.83 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.55 | -0.43 |
| Calmar ratioReturn relative to maximum drawdown | 0.83 | 4.20 | -3.37 |
| Martin ratioReturn relative to average drawdown | 1.98 | 17.06 | -15.08 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| VUTY.L | VWRP.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.73 | 2.87 | -2.14 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.07 | 0.97 | -0.90 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.17 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.13 | 0.82 | -0.69 |
Drawdowns
VUTY.L vs. VWRP.L - Drawdown Comparison
The maximum VUTY.L drawdown since its inception was -22.63%, smaller than the maximum VWRP.L drawdown of -25.10%. Use the drawdown chart below to compare losses from any high point for VUTY.L and VWRP.L.
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Drawdown Indicators
| VUTY.L | VWRP.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.63% | -25.10% | +2.47% |
Max Drawdown (1Y)Largest decline over 1 year | -5.25% | -7.10% | +1.85% |
Max Drawdown (3Y)Largest decline over 3 years | -8.27% | -17.64% | +9.37% |
Max Drawdown (5Y)Largest decline over 5 years | -16.17% | -17.64% | +1.47% |
Max Drawdown (10Y)Largest decline over 10 years | -22.63% | — | — |
Current DrawdownCurrent decline from peak | -17.85% | -0.46% | -17.39% |
Average DrawdownAverage peak-to-trough decline | -12.63% | -3.39% | -9.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.20% | 1.75% | +0.45% |
Volatility
VUTY.L vs. VWRP.L - Volatility Comparison
The current volatility for Vanguard USD Treasury Bond UCITS ETF Distributing (VUTY.L) is 1.43%, while Vanguard FTSE All-World UCITS ETF (USD) Accumulating (VWRP.L) has a volatility of 2.95%. This indicates that VUTY.L experiences smaller price fluctuations and is considered to be less risky than VWRP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VUTY.L | VWRP.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.43% | 2.95% | -1.52% |
Volatility (6M)Calculated over the trailing 6-month period | 4.36% | 7.68% | -3.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.96% | 10.37% | -4.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.71% | 12.87% | -4.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.00% | 14.96% | -4.96% |
VUTY.L vs. VWRP.L - Expense Ratio Comparison
VUTY.L has a 0.05% expense ratio, which is lower than VWRP.L'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
VUTY.L vs. VWRP.L - Dividend Comparison
VUTY.L's dividend yield for the trailing twelve months is around 4.27%, while VWRP.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
VUTY.L Vanguard USD Treasury Bond UCITS ETF Distributing | 4.27% | 4.40% | 4.00% | 3.47% | 2.06% | 1.19% | 1.64% | 2.42% | 2.24% | 1.64% | 0.92% |
VWRP.L Vanguard FTSE All-World UCITS ETF (USD) Accumulating | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
VUTY.L and VWRP.L have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VUTY.L is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VUTY.L is cheaper with a 0.05% expense ratio, compared with 0.22% for VWRP.L.
VUTY.L is categorized as Government Bonds, while VWRP.L is Global Equities. VUTY.L tracks Bloomberg Global Aggregate US Treasury Float Adjusted Index, while VWRP.L tracks FTSE All-World Index. Their fees differ too: 0.05% for VUTY.L and 0.22% for VWRP.L.
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