AVGC.L vs. TDGB.L

Last updated Apr 2, 2026

Compare and contrast key facts about Avantis Global Equity UCITS ETF USD Accumulating (AVGC.L) and VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF (TDGB.L).

AVGC.L and TDGB.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AVGC.L is a passively managed fund by Avantis that tracks the performance of the MSCI World IMI Index. It was launched on Sep 25, 2024. TDGB.L is a passively managed fund by VanEck that tracks the performance of the Morningstar Developed Markets Large Cap Dividend Leaders Screened Select Index. It was launched on May 23, 2016. Both AVGC.L and TDGB.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

AVGC.L vs. TDGB.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Avantis Global Equity UCITS ETF USD Accumulating (AVGC.L) and VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF (TDGB.L). The values are adjusted to include any dividend payments, if applicable.

AVGC.L vs. TDGB.L - Yearly Performance Comparison

	2026 (YTD)	2025
AVGC.L Avantis Global Equity UCITS ETF USD Accumulating	1.59%	25.16%
TDGB.L VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF	8.09%	22.99%

Different Trading Currencies

AVGC.L is traded in USD, while TDGB.L is traded in GBP. To make them comparable, the TDGB.L values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, AVGC.L achieves a 1.59% return, which is significantly lower than TDGB.L's 8.09% return.

AVGC.L

• 1D: 2.59%
• 1M: -3.53%
• YTD: 1.59%
• 6M: 5.98%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TDGB.L

• 1D: 0.30%
• 1M: 1.78%
• YTD: 8.09%
• 6M: 16.71%
• 1Y: 32.96%
• 3Y*: 22.84%
• 5Y*: 17.61%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AVGC.L vs. TDGB.L - Expense Ratio Comparison

AVGC.L has a 0.35% expense ratio, which is lower than TDGB.L's 0.38% expense ratio.

TDGB.L

VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF

AVGC.L

Avantis Global Equity UCITS ETF USD Accumulating

Return for Risk

AVGC.L vs. TDGB.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TDGB.L

TDGB.L Risk / Return Rank: 97
TDGB.L Sharpe Ratio Rank: 96
TDGB.L Sortino Ratio Rank: 95
TDGB.L Omega Ratio Rank: 96
TDGB.L Calmar Ratio Rank: 98
TDGB.L Martin Ratio Rank: 98

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.

AVGC.L vs. TDGB.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Avantis Global Equity UCITS ETF USD Accumulating (AVGC.L) and VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF (TDGB.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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	AVGC.L	TDGB.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.27	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.24	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.50	0.89	+1.61

Correlation

The correlation between AVGC.L and TDGB.L is 0.60, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

AVGC.L vs. TDGB.L - Dividend Comparison

AVGC.L has not paid dividends to shareholders, while TDGB.L's dividend yield for the trailing twelve months is around 3.25%.

	TTM	2025	2024	2023	2022	2021	2020	2019
AVGC.L Avantis Global Equity UCITS ETF USD Accumulating	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
TDGB.L VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF	3.25%	3.50%	4.27%	4.93%	4.40%	4.06%	4.16%	4.52%

Drawdowns

AVGC.L vs. TDGB.L - Drawdown Comparison

The maximum AVGC.L drawdown since its inception was -7.96%, smaller than the maximum TDGB.L drawdown of -37.43%. Use the drawdown chart below to compare losses from any high point for AVGC.L and TDGB.L.

Drawdown Indicators

	AVGC.L	TDGB.L	Difference
Max Drawdown Largest peak-to-trough decline	-7.96%	-29.60%	+21.64%
Max Drawdown (1Y) Largest decline over 1 year	—	-9.11%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-12.41%	—
Current Drawdown Current decline from peak	-4.78%	-0.56%	-4.22%
Average Drawdown Average peak-to-trough decline	-1.03%	-3.75%	+2.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.34%	—

Volatility

Volatility by Period

	AVGC.L	TDGB.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.52%	—
Volatility (6M) Calculated over the trailing 6-month period	—	7.95%	—
Volatility (1Y) Calculated over the trailing 1-year period	11.72%	14.47%	-2.75%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.72%	14.22%	-2.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.72%	16.90%	-5.18%