When holding the Vanguard USD Corporate Bond EUR Hedged (VDCE.DE) ETF, how long should you stay invested to have high probability to achieve a positive return?
Over the selected period (~76 years), the longest duration with a negative return was 126 months (from April 1971 to September 1981).
This indicates that, within the same timeframe, any rolling period of 127 months or more has consistently resulted in a positive return.
Understanding this metric is crucial as it highlights the importance of a safe investment horizon. Knowing the minimum duration required to likely see positive returns helps investors set realistic expectations and reinforces the strategy of staying invested through market cycles. This approach can mitigate the emotional reactions to short-term market fluctuations and enhance the likelihood of achieving financial goals.
Vanguard USD Corporate Bond EUR Hedged (VDCE.DE) ETF: Historical Returns
Previous vs subsequent Returns
Is there a correlation between past and future returns over all 10-year rolling periods?
The following chart illustrates the relationship between past returns (x-axis) and subsequent returns (y-axis).
Data points are aggregated to show occurrences, and you can zoom in by clicking or drawing over the desired area.
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As of Sep 30, 2025, the annualized return of the previous 10 years has been 1.72%.
Rolling Returns
A rolling return is a measure of investment performance that calculates the return of an investment over a set period of time, with the starting date rolling forward. This approach can provide a more accurate representation of the investment's historical performance and helps investors to evaluate the investment's consistency over time.
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Rolling Period Analysis
By selecting the 'Rolling Period', the chart and data will update. To study a different date range, change the simulation settings.
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Worst | Median | Best | Negative Periods |
---|---|---|---|
-20.72%
Nov 2021 - Oct 2022 |
+4.52% |
+36.23%
Mar 1982 - Feb 1983 |
21.27%
191 out of 898 |
-28.34%
Nov 2021 - Oct 2022 |
+2.39% |
+35.04%
Apr 1985 - Mar 1986 |
35.75%
321 out of 898 |
-12.26%
Oct 1979 - Sep 1981 |
+4.88% |
+27.15%
Jul 1984 - Jun 1986 |
14.90%
132 out of 886 |
-17.21%
Oct 1979 - Sep 1981 |
+3.22% |
+25.88%
Jul 1984 - Jun 1986 |
27.65%
245 out of 886 |
-9.81%
Oct 1978 - Sep 1981 |
+5.17% |
+20.43%
Sep 1990 - Aug 1993 |
10.41%
91 out of 874 |
-14.68%
Oct 1978 - Sep 1981 |
+3.00% |
+16.92%
Sep 1983 - Aug 1986 |
22.43%
196 out of 874 |
-7.93%
Oct 1977 - Sep 1981 |
+5.05% |
+20.35%
Jul 1982 - Jun 1986 |
8.12%
70 out of 862 |
-12.17%
Oct 1977 - Sep 1981 |
+2.89% |
+18.16%
Jul 1982 - Jun 1986 |
22.27%
192 out of 862 |
-4.55%
Oct 1976 - Sep 1981 |
+4.98% |
+19.45%
Sep 1981 - Aug 1986 |
5.76%
49 out of 850 |
-8.76%
Oct 1976 - Sep 1981 |
+2.88% |
+16.72%
Sep 1981 - Aug 1986 |
22.47%
191 out of 850 |
-1.09%
Nov 2017 - Oct 2023 |
+4.85% |
+14.93%
Sep 1981 - Aug 1987 |
2.51%
21 out of 838 |
-5.31%
Jul 1976 - Jun 1982 |
+2.81% |
+12.90%
Mar 1982 - Feb 1988 |
23.27%
195 out of 838 |
-0.64%
Nov 2016 - Oct 2023 |
+4.92% |
+14.63%
Oct 1981 - Sep 1988 |
0.61%
5 out of 826 |
-4.40%
Mar 1973 - Feb 1980 |
+2.78% |
+12.52%
Oct 1981 - Sep 1988 |
22.40%
185 out of 826 |
-0.75%
Oct 1973 - Sep 1981 |
+5.12% |
+13.72%
Oct 1981 - Sep 1989 |
0.37%
3 out of 814 |
-5.48%
Oct 1973 - Sep 1981 |
+3.01% |
+11.48%
Oct 1981 - Sep 1989 |
21.13%
172 out of 814 |
-0.38%
Oct 1972 - Sep 1981 |
+5.25% |
+13.89%
Jul 1984 - Jun 1993 |
0.37%
3 out of 802 |
-5.26%
Oct 1972 - Sep 1981 |
+3.02% |
+11.32%
Jul 1984 - Jun 1993 |
17.21%
138 out of 802 |
-0.12%
Oct 1971 - Sep 1981 |
+5.26% |
+13.42%
Oct 1981 - Sep 1991 |
0.13%
1 out of 790 |
-5.09%
Oct 1971 - Sep 1981 |
+3.20% |
+10.76%
Jul 1982 - Jun 1992 |
17.72%
140 out of 790 |
+0.59%
Nov 2012 - Oct 2023 |
+5.23% |
+13.89%
Oct 1981 - Sep 1992 |
0.00%
0 out of 778 |
-3.96%
Apr 1971 - Mar 1982 |
+3.20% |
+11.25%
Jul 1982 - Jun 1993 |
18.64%
145 out of 778 |
+1.37%
May 2013 - Apr 2025 |
+5.21% |
+14.34%
Oct 1981 - Sep 1993 |
0.00%
0 out of 766 |
-3.12%
Sep 1969 - Aug 1981 |
+3.21% |
+11.44%
Oct 1981 - Sep 1993 |
18.41%
141 out of 766 |
+1.10%
Oct 1968 - Sep 1981 |
+5.34% |
+13.03%
Oct 1981 - Sep 1994 |
0.00%
0 out of 754 |
-3.65%
Oct 1968 - Sep 1981 |
+3.15% |
+10.29%
Jul 1982 - Jun 1995 |
15.65%
118 out of 754 |
+1.31%
Oct 1967 - Sep 1981 |
+5.38% |
+13.21%
Oct 1981 - Sep 1995 |
0.00%
0 out of 742 |
-3.21%
Oct 1967 - Sep 1981 |
+3.21% |
+10.33%
Oct 1981 - Sep 1995 |
13.88%
103 out of 742 |
+1.48%
Oct 1966 - Sep 1981 |
+5.57% |
+12.55%
Oct 1981 - Sep 1996 |
0.00%
0 out of 730 |
-2.86%
Oct 1966 - Sep 1981 |
+3.19% |
+9.73%
Oct 1981 - Sep 1996 |
12.60%
92 out of 730 |
+1.38%
Oct 1965 - Sep 1981 |
+5.70% |
+12.30%
Oct 1981 - Sep 1997 |
0.00%
0 out of 718 |
-2.87%
Oct 1965 - Sep 1981 |
+3.24% |
+9.55%
Oct 1981 - Sep 1997 |
12.12%
87 out of 718 |
+1.47%
Oct 1964 - Sep 1981 |
+5.87% |
+12.17%
Oct 1981 - Sep 1998 |
0.00%
0 out of 706 |
-2.75%
Oct 1964 - Sep 1981 |
+3.32% |
+9.52%
Oct 1981 - Sep 1998 |
11.61%
82 out of 706 |
+1.59%
Oct 1963 - Sep 1981 |
+5.80% |
+11.19%
Oct 1981 - Sep 1999 |
0.00%
0 out of 694 |
-2.55%
Oct 1963 - Sep 1981 |
+3.52% |
+8.64%
Oct 1981 - Sep 1999 |
10.52%
73 out of 694 |
+1.70%
Oct 1962 - Sep 1981 |
+5.80% |
+10.81%
Oct 1981 - Sep 2000 |
0.00%
0 out of 682 |
-2.37%
Oct 1962 - Sep 1981 |
+3.56% |
+8.26%
Oct 1981 - Sep 2000 |
9.38%
64 out of 682 |
+1.87%
Oct 1961 - Sep 1981 |
+5.85% |
+10.94%
Oct 1981 - Sep 2001 |
0.00%
0 out of 670 |
-2.11%
Oct 1961 - Sep 1981 |
+3.43% |
+8.39%
Oct 1981 - Sep 2001 |
10.00%
67 out of 670 |
+2.49%
Oct 1956 - Sep 1981 |
+6.25% |
+9.84%
Oct 1981 - Sep 2006 |
0.00%
0 out of 610 |
-1.03%
Oct 1956 - Sep 1981 |
+3.65% |
+7.36%
Oct 1981 - Sep 2006 |
6.23%
38 out of 610 |
+2.78%
Oct 1951 - Sep 1981 |
+6.83% |
+9.32%
Oct 1981 - Sep 2011 |
0.00%
0 out of 550 |
-0.33%
Oct 1951 - Sep 1981 |
+3.63% |
+6.90%
Oct 1981 - Sep 2011 |
2.18%
12 out of 550 |
Vanguard USD Corporate Bond EUR Hedged (VDCE.DE) ETF: Historical Returns