CSY9.DE vs. VDIV.DE
CSY9.DE (CSIF (IE) MSCI World ESG Leaders Minimum Volatility Blue UCITS ETF B USD) and VDIV.DE (VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF) are both Global Equities funds - CSY9.DE tracks the MSCI World ESG Leaders Minimum Volatility while VDIV.DE tracks the Morningstar Developed Markets Large Cap Dividend Leaders Screened Select Index. Both are passively managed. Over the past 5 years, CSY9.DE returned 6.22%/yr vs 17.51%/yr for VDIV.DE. A 0.57 correlation means they provide meaningful diversification when combined. CSY9.DE charges 0.25%/yr vs 0.38%/yr for VDIV.DE.
Performance
CSY9.DE vs. VDIV.DE - Performance Comparison
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Returns By Period
In the year-to-date period, CSY9.DE achieves a 3.19% return, which is significantly lower than VDIV.DE's 9.79% return.
CSY9.DE
- 1D
- 0.16%
- 1M
- 2.99%
- YTD
- 3.19%
- 6M
- 3.34%
- 1Y
- 3.09%
- 3Y*
- 6.65%
- 5Y*
- 6.22%
- 10Y*
- —
VDIV.DE
- 1D
- 0.23%
- 1M
- 0.01%
- YTD
- 9.79%
- 6M
- 12.73%
- 1Y
- 25.64%
- 3Y*
- 19.95%
- 5Y*
- 17.51%
- 10Y*
- —
CSY9.DE vs. VDIV.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
CSY9.DE CSIF (IE) MSCI World ESG Leaders Minimum Volatility Blue UCITS ETF B USD | 3.19% | -0.67% | 16.05% | 5.76% | -5.25% | 23.30% | 2.67% |
VDIV.DE VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF | 9.79% | 24.55% | 15.67% | 11.47% | 15.47% | 27.92% | 12.12% |
Correlation
The correlation between CSY9.DE and VDIV.DE is 0.50, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.50 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.51 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.54 |
Correlation (All Time) Calculated using the full available price history since Jul 28, 2020 | 0.57 |
The correlation between CSY9.DE and VDIV.DE has been stable across timeframes, ranging from 0.50 to 0.57 - a consistent structural relationship.
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Return for Risk
CSY9.DE vs. VDIV.DE — Risk / Return Rank
CSY9.DE
VDIV.DE
CSY9.DE vs. VDIV.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CSIF (IE) MSCI World ESG Leaders Minimum Volatility Blue UCITS ETF B USD (CSY9.DE) and VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF (VDIV.DE). 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.
| CSY9.DE | VDIV.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.35 | ||
| Sortino ratioReturn per unit of downside risk | -3.27 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.51 | -0.44 |
| Calmar ratioReturn relative to maximum drawdown | 0.69 | 6.94 | -6.25 |
| Martin ratioReturn relative to average drawdown | 1.54 | 20.46 | -18.92 |
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
| CSY9.DE | VDIV.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.38 | 2.73 | -2.35 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.51 | 1.45 | -0.94 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.61 | 0.94 | -0.34 |
Drawdowns
CSY9.DE vs. VDIV.DE - Drawdown Comparison
The maximum CSY9.DE drawdown since its inception was -13.92%, smaller than the maximum VDIV.DE drawdown of -36.12%. Use the drawdown chart below to compare losses from any high point for CSY9.DE and VDIV.DE.
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Drawdown Indicators
| CSY9.DE | VDIV.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.92% | -36.12% | +22.20% |
Max Drawdown (1Y)Largest decline over 1 year | -4.48% | -3.68% | -0.80% |
Max Drawdown (3Y)Largest decline over 3 years | -13.92% | -15.12% | +1.20% |
Max Drawdown (5Y)Largest decline over 5 years | -13.92% | -15.12% | +1.20% |
Current DrawdownCurrent decline from peak | -2.72% | -2.39% | -0.33% |
Average DrawdownAverage peak-to-trough decline | -3.70% | -4.22% | +0.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.00% | 1.25% | +0.75% |
Volatility
CSY9.DE vs. VDIV.DE - Volatility Comparison
The current volatility for CSIF (IE) MSCI World ESG Leaders Minimum Volatility Blue UCITS ETF B USD (CSY9.DE) is 2.09%, while VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF (VDIV.DE) has a volatility of 2.82%. This indicates that CSY9.DE experiences smaller price fluctuations and is considered to be less risky than VDIV.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CSY9.DE | VDIV.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.09% | 2.82% | -0.73% |
Volatility (6M)Calculated over the trailing 6-month period | 5.48% | 6.79% | -1.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.07% | 9.36% | -1.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.03% | 11.92% | +0.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.91% | 15.36% | -3.45% |
CSY9.DE vs. VDIV.DE - Expense Ratio Comparison
CSY9.DE has a 0.25% expense ratio, which is lower than VDIV.DE's 0.38% expense ratio.
Dividends
CSY9.DE vs. VDIV.DE - Dividend Comparison
CSY9.DE has not paid dividends to shareholders, while VDIV.DE's dividend yield for the trailing twelve months is around 3.19%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
CSY9.DE CSIF (IE) MSCI World ESG Leaders Minimum Volatility Blue UCITS ETF B USD | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VDIV.DE VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF | 3.19% | 3.58% | 4.19% | 4.97% | 4.56% | 3.97% | 4.11% | 4.35% | 0.91% |
Frequently Asked Questions
CSY9.DE and VDIV.DE have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CSY9.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CSY9.DE is cheaper with a 0.25% expense ratio, compared with 0.38% for VDIV.DE.
CSY9.DE tracks MSCI World ESG Leaders Minimum Volatility, while VDIV.DE tracks Morningstar Developed Markets Large Cap Dividend Leaders Screened Select Index. They also come from different issuers: Credit Suisse and VanEck. Their fees differ too: 0.25% for CSY9.DE and 0.38% for VDIV.DE.
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