PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
XARO.AX vs. VEFI.AX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

XARO.AX vs. VEFI.AX

Last updated Jul 16, 2026
Documentation

XARO.AX (Ardea Real Outcome Bond Complex ETF) and VEFI.AX (Vanguard Ethically Conscious Global Aggregate Bond Index (Hedged) ETF) are both Total Bond Market funds. XARO.AX is actively managed, while VEFI.AX is passively managed. Over the past 5 years, XARO.AX returned 2.03%/yr vs -1.57%/yr for VEFI.AX. At a correlation of -0.01, they often move in opposite directions.

Performance

XARO.AX vs. VEFI.AX - Performance Comparison

The chart below illustrates the hypothetical performance of a A$10,000 investment in Ardea Real Outcome Bond Complex ETF (XARO.AX) and Vanguard Ethically Conscious Global Aggregate Bond Index (Hedged) ETF (VEFI.AX). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, XARO.AX achieves a 1.43% return, which is significantly higher than VEFI.AX's -0.66% return.

XARO.AX

1D
0.12%
1M
0.96%
6M
1.47%
YTD
1.43%
1Y
4.40%
3Y*
2.59%
5Y*
2.03%
10Y*
—

VEFI.AX

1D
0.26%
1M
-0.30%
6M
0.08%
YTD
-0.66%
1Y
2.09%
3Y*
2.38%
5Y*
-1.57%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

XARO.AX vs. VEFI.AX - Yearly Performance Comparison

2026 (YTD)20252024202320222021202020192018
XARO.AX
Ardea Real Outcome Bond Complex ETF		1.43%6.78%0.49%2.17%0.46%-0.60%5.21%8.56%0.20%
VEFI.AX
Vanguard Ethically Conscious Global Aggregate Bond Index (Hedged) ETF		-0.66%4.62%0.11%3.80%-13.58%-2.40%5.31%7.21%0.93%

Correlation

The correlation between XARO.AX and VEFI.AX 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

-0.03

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

-0.05

Correlation (All Time)
Calculated using the full available price history since Dec 6, 2018

-0.01

The correlation between XARO.AX and VEFI.AX shifts across timeframes, from -0.05 (5 years) to 0.09 (1 year), reflecting how their relationship changes across market environments.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Ardea Real Outcome Bond Complex ETF

Vanguard Ethically Conscious Global Aggregate Bond Index (Hedged) ETF

Return for Risk

XARO.AX vs. VEFI.AX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
XARO.AX
XARO.AX Risk / Return Rank: 4646
Overall Rank
XARO.AX Sharpe Ratio Rank: 4444
Sharpe Ratio Rank
XARO.AX Sortino Ratio Rank: 4747
Sortino Ratio Rank
XARO.AX Omega Ratio Rank: 4242
Omega Ratio Rank
XARO.AX Calmar Ratio Rank: 4747
Calmar Ratio Rank
XARO.AX Martin Ratio Rank: 5050
Martin Ratio Rank
VEFI.AX
VEFI.AX Risk / Return Rank: 1919
Overall Rank
VEFI.AX Sharpe Ratio Rank: 2020
Sharpe Ratio Rank
VEFI.AX Sortino Ratio Rank: 1717
Sortino Ratio Rank
VEFI.AX Omega Ratio Rank: 1717
Omega Ratio Rank
VEFI.AX Calmar Ratio Rank: 2121
Calmar Ratio Rank
VEFI.AX Martin Ratio Rank: 2121
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.

XARO.AX vs. VEFI.AX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ardea Real Outcome Bond Complex ETF (XARO.AX) and Vanguard Ethically Conscious Global Aggregate Bond Index (Hedged) ETF (VEFI.AX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

XARO.AXVEFI.AXDifference
Sharpe ratioReturn per unit of total volatility
1.28
0.55

+0.73

Sortino ratioReturn per unit of downside risk
1.99
0.78

+1.20

Omega ratioGain probability vs. loss probability

1.23

1.10

+0.13

Calmar ratioReturn relative to maximum drawdown

1.94

0.78

+1.17

Martin ratioReturn relative to average drawdown

6.74

1.91

+4.82

XARO.AX vs. VEFI.AX - Sharpe Ratio Comparison

The current XARO.AX Sharpe Ratio is 1.28, which is higher than the VEFI.AX Sharpe Ratio of 0.55. The chart below compares the historical Sharpe Ratios of XARO.AX and VEFI.AX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Drawdowns

XARO.AX vs. VEFI.AX - Drawdown Comparison

The maximum XARO.AX drawdown since its inception was -7.44%, smaller than the maximum VEFI.AX drawdown of -18.73%. Use the drawdown chart below to compare losses from any high point for XARO.AX and VEFI.AX.

Loading charts...

Drawdown Indicators

XARO.AXVEFI.AXDifference

Max Drawdown

Largest peak-to-trough decline

-7.44%

-18.73%

+11.29%

Max Drawdown (1Y)

Largest decline over 1 year

-2.26%

-2.69%

+0.43%

Max Drawdown (3Y)

Largest decline over 3 years

-3.42%

-4.78%

+1.36%

Max Drawdown (5Y)

Largest decline over 5 years

-6.98%

-18.17%

+11.19%

Current Drawdown

Current decline from peak

-0.00%

-8.99%

+8.99%

Average Drawdown

Average peak-to-trough decline

-1.58%

-7.54%

+5.96%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.66%

1.12%

-0.46%

Volatility

XARO.AX vs. VEFI.AX - Volatility Comparison

Ardea Real Outcome Bond Complex ETF (XARO.AX) and Vanguard Ethically Conscious Global Aggregate Bond Index (Hedged) ETF (VEFI.AX) have volatilities of 0.99% and 0.97%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

XARO.AXVEFI.AXDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.99%

0.97%

+0.02%

Volatility (6M)

Calculated over the trailing 6-month period

2.69%

2.97%

-0.28%

Volatility (1Y)

Calculated over the trailing 1-year period

3.43%

3.78%

-0.35%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

6.04%

5.43%

+0.61%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

6.45%

5.64%

+0.81%

Dividends

XARO.AX vs. VEFI.AX - Dividend Comparison

XARO.AX's dividend yield for the trailing twelve months is around 1.09%, less than VEFI.AX's 1.68% yield.

PositionTTM2025202420232022202120202019
VEFI.AX
Vanguard Ethically Conscious Global Aggregate Bond Index (Hedged) ETF		1.68%2.89%0.97%1.47%0.89%7.18%4.56%1.74%
XARO.AX
Ardea Real Outcome Bond Complex ETF		1.09%1.57%2.46%0.77%7.38%4.26%4.20%2.46%

Frequently Asked Questions

XARO.AX and VEFI.AX 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.

They also come from different issuers: ETF Issuer and Vanguard.

Portfolio Optimizer

Find the right allocation for XARO.AX and VEFI.AX

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