AW1P.DE vs. VNM

Last updated Jun 27, 2026

AW1P.DE (UBS ETF (IE) MSCI ACWI Socially Responsible UCITS ETF (USD) Acc) and VNM (VanEck Vectors Vietnam ETF) are both exchange-traded funds - AW1P.DE is a Global Equities fund tracking the MSCI ACWI SRI Low Carbon Select 5% Issuer Capped, while VNM is a Asia Pacific Equities fund tracking the MVIS Vietnam Index. Both are passively managed. Over the past 3 years, AW1P.DE returned 18.31%/yr vs 11.05%/yr for VNM. At a 0.20 correlation, their price movements are largely independent. AW1P.DE charges 0.25%/yr vs 0.68%/yr for VNM.

Performance

AW1P.DE vs. VNM - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in UBS ETF (IE) MSCI ACWI Socially Responsible UCITS ETF (USD) Acc (AW1P.DE) and VanEck Vectors Vietnam ETF (VNM). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

AW1P.DE is traded in EUR, while VNM is traded in USD. To make them comparable, the VNM values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, AW1P.DE achieves a 17.34% return, which is significantly higher than VNM's -0.74% return.

AW1P.DE

• 1D: 0.00%
• 1M: 3.31%
• YTD: 17.34%
• 6M: 17.90%
• 1Y: 28.90%
• 3Y*: 18.31%
• 5Y*: —
• 10Y*: —

VNM

• 1D: 0.97%
• 1M: 0.56%
• YTD: -0.74%
• 6M: 3.15%
• 1Y: 37.86%
• 3Y*: 11.05%
• 5Y*: 0.11%
• 10Y*: 3.49%

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

AW1P.DE vs. VNM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
AW1P.DE UBS ETF (IE) MSCI ACWI Socially Responsible UCITS ETF (USD) Acc	17.34%	3.61%	25.39%	22.76%	-14.89%
VNM VanEck Vectors Vietnam ETF	-0.74%	46.78%	-5.28%	11.57%	-35.89%

Correlation

The correlation between AW1P.DE and VNM is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.22
Correlation (3Y) Calculated over the trailing 3-year period	0.22
Correlation (All Time) Calculated using the full available price history since Feb 24, 2022	0.20

Return for Risk

AW1P.DE vs. VNM — Risk / Return Rank

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

AW1P.DE

AW1P.DE Risk / Return Rank: 78
AW1P.DE Sharpe Ratio Rank: 77
AW1P.DE Sortino Ratio Rank: 77
AW1P.DE Omega Ratio Rank: 74
AW1P.DE Calmar Ratio Rank: 81
AW1P.DE Martin Ratio Rank: 81

VNM

VNM Risk / Return Rank: 40
VNM Sharpe Ratio Rank: 40
VNM Sortino Ratio Rank: 40
VNM Omega Ratio Rank: 36
VNM Calmar Ratio Rank: 46
VNM Martin Ratio Rank: 36

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.

AW1P.DE vs. VNM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for UBS ETF (IE) MSCI ACWI Socially Responsible UCITS ETF (USD) Acc (AW1P.DE) and VanEck Vectors Vietnam ETF (VNM). 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.

	AW1P.DE	VNM	Difference
Sharpe ratio: Return per unit of total volatility	2.11	1.44	+0.67
Sortino ratio: Return per unit of downside risk	2.96	2.07	+0.90
Omega ratio: Gain probability vs. loss probability	1.37	1.24	+0.13
Calmar ratio: Return relative to maximum drawdown	3.74	2.31	+1.43
Martin ratio: Return relative to average drawdown	13.72	5.52	+8.20

AW1P.DE vs. VNM - Sharpe Ratio Comparison

The current AW1P.DE Sharpe Ratio is 2.11, which is higher than the VNM Sharpe Ratio of 1.44. The chart below compares the historical Sharpe Ratios of AW1P.DE and VNM, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

AW1P.DE vs. VNM - Drawdown Comparison

The maximum AW1P.DE drawdown since its inception was -23.64%, smaller than the maximum VNM drawdown of -50.93%. Use the drawdown chart below to compare losses from any high point for AW1P.DE and VNM.

Drawdown Indicators

	AW1P.DE	VNM	Difference
Max Drawdown Largest peak-to-trough decline	-23.64%	-50.93%	+27.29%
Max Drawdown (1Y) Largest decline over 1 year	-8.07%	-16.88%	+8.81%
Max Drawdown (3Y) Largest decline over 3 years	-23.64%	-32.82%	+9.18%
Max Drawdown (5Y) Largest decline over 5 years	—	-48.44%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-48.44%	—
Current Drawdown Current decline from peak	-1.07%	-9.91%	+8.84%
Average Drawdown Average peak-to-trough decline	-5.29%	-26.03%	+20.74%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.20%	7.06%	-4.86%

Volatility

AW1P.DE vs. VNM - Volatility Comparison

The current volatility for UBS ETF (IE) MSCI ACWI Socially Responsible UCITS ETF (USD) Acc (AW1P.DE) is 4.33%, while VanEck Vectors Vietnam ETF (VNM) has a volatility of 6.05%. This indicates that AW1P.DE experiences smaller price fluctuations and is considered to be less risky than VNM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AW1P.DE	VNM	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.33%	6.05%	-1.72%
Volatility (6M) Calculated over the trailing 6-month period	10.79%	17.43%	-6.64%
Volatility (1Y) Calculated over the trailing 1-year period	14.32%	27.19%	-12.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.76%	24.85%	-9.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.76%	23.98%	-8.22%

AW1P.DE vs. VNM - Expense Ratio Comparison

AW1P.DE has a 0.25% expense ratio, which is lower than VNM's 0.68% expense ratio.

Dividends

AW1P.DE vs. VNM - Dividend Comparison

AW1P.DE has not paid dividends to shareholders, while VNM's dividend yield for the trailing twelve months is around 0.21%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AW1P.DE UBS ETF (IE) MSCI ACWI Socially Responsible UCITS ETF (USD) Acc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VNM VanEck Vectors Vietnam ETF	0.21%	0.20%	0.00%	5.21%	0.96%	0.49%	0.40%	0.76%	0.83%	1.14%	2.44%	3.69%

Frequently Asked Questions

Can I hold both AW1P.DE and VNM in my portfolio?

AW1P.DE and VNM have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AW1P.DE or VNM?

On fees, AW1P.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AW1P.DE or VNM?

AW1P.DE is cheaper with a 0.25% expense ratio, compared with 0.68% for VNM.

What is the main difference between AW1P.DE and VNM?

AW1P.DE is categorized as Global Equities, while VNM is Asia Pacific Equities. AW1P.DE tracks MSCI ACWI SRI Low Carbon Select 5% Issuer Capped, while VNM tracks MVIS Vietnam Index. They also come from different issuers: UBS and VanEck. Their fees differ too: 0.25% for AW1P.DE and 0.68% for VNM.