DAVV.DE vs. VWCE.DE
DAVV.DE (VanEck Crypto and Blockchain Innovators UCITS ETF) and VWCE.DE (Vanguard FTSE All-World UCITS ETF) are both exchange-traded funds - DAVV.DE is a Technology Equities fund tracking the MVIS Global Digital Assets Equity, while VWCE.DE is a Global Equities fund tracking the FTSE All-World Index. Both are passively managed. Over the past 5 years, DAVV.DE returned -1.30%/yr vs 11.89%/yr for VWCE.DE. A 0.54 correlation means they provide meaningful diversification when combined. DAVV.DE charges 0.65%/yr vs 0.19%/yr for VWCE.DE.
Performance
DAVV.DE vs. VWCE.DE - Performance Comparison
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Returns By Period
In the year-to-date period, DAVV.DE achieves a 27.16% return, which is significantly higher than VWCE.DE's 11.72% return.
DAVV.DE
- 1D
- -3.80%
- 1M
- -3.04%
- YTD
- 27.16%
- 6M
- 15.92%
- 1Y
- 47.52%
- 3Y*
- 52.28%
- 5Y*
- -1.30%
- 10Y*
- —
VWCE.DE
- 1D
- 1.82%
- 1M
- 0.89%
- YTD
- 11.72%
- 6M
- 13.39%
- 1Y
- 26.35%
- 3Y*
- 17.02%
- 5Y*
- 11.89%
- 10Y*
- —
DAVV.DE vs. VWCE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
DAVV.DE VanEck Crypto and Blockchain Innovators UCITS ETF | 27.16% | -0.68% | 37.42% | 337.08% | -85.83% | -25.89% |
VWCE.DE Vanguard FTSE All-World UCITS ETF | 11.72% | 9.16% | 24.41% | 18.18% | -13.47% | 14.99% |
Correlation
The correlation between DAVV.DE and VWCE.DE is 0.58, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.58 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.50 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.54 |
Correlation (All Time) Calculated using the full available price history since May 6, 2021 | 0.54 |
The correlation between DAVV.DE and VWCE.DE has been stable across timeframes, ranging from 0.50 to 0.58 - a consistent structural relationship.
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Return for Risk
DAVV.DE vs. VWCE.DE — Risk / Return Rank
DAVV.DE
VWCE.DE
DAVV.DE vs. VWCE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Crypto and Blockchain Innovators UCITS ETF (DAVV.DE) and Vanguard FTSE All-World UCITS ETF (VWCE.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.
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.
| DAVV.DE | VWCE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.40 | ||
| Sortino ratioReturn per unit of downside risk | -1.71 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.41 | -0.25 |
| Calmar ratioReturn relative to maximum drawdown | 1.03 | 3.92 | -2.89 |
| Martin ratioReturn relative to average drawdown | 1.90 | 16.07 | -14.17 |
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Drawdowns
DAVV.DE vs. VWCE.DE - Drawdown Comparison
The maximum DAVV.DE drawdown since its inception was -91.53%, which is greater than VWCE.DE's maximum drawdown of -33.43%. Use the drawdown chart below to compare losses from any high point for DAVV.DE and VWCE.DE.
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Drawdown Indicators
| DAVV.DE | VWCE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.53% | -33.43% | -58.10% |
Max Drawdown (1Y)Largest decline over 1 year | -45.68% | -6.55% | -39.13% |
Max Drawdown (3Y)Largest decline over 3 years | -60.00% | -21.07% | -38.93% |
Max Drawdown (5Y)Largest decline over 5 years | -91.53% | -21.07% | -70.46% |
Current DrawdownCurrent decline from peak | -34.58% | -1.47% | -33.11% |
Average DrawdownAverage peak-to-trough decline | -57.77% | -4.68% | -53.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.79% | 1.60% | +23.19% |
Volatility
DAVV.DE vs. VWCE.DE - Volatility Comparison
VanEck Crypto and Blockchain Innovators UCITS ETF (DAVV.DE) has a higher volatility of 14.56% compared to Vanguard FTSE All-World UCITS ETF (VWCE.DE) at 3.40%. This indicates that DAVV.DE's price experiences larger fluctuations and is considered to be riskier than VWCE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DAVV.DE | VWCE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.56% | 3.40% | +11.16% |
Volatility (6M)Calculated over the trailing 6-month period | 40.57% | 8.51% | +32.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 58.12% | 11.63% | +46.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 70.78% | 13.79% | +56.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 70.56% | 16.16% | +54.40% |
DAVV.DE vs. VWCE.DE - Expense Ratio Comparison
DAVV.DE has a 0.65% expense ratio, which is higher than VWCE.DE's 0.19% expense ratio.
Dividends
DAVV.DE vs. VWCE.DE - Dividend Comparison
Neither DAVV.DE nor VWCE.DE has paid dividends to shareholders.
Frequently Asked Questions
DAVV.DE and VWCE.DE have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VWCE.DE is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VWCE.DE is cheaper with a 0.19% expense ratio, compared with 0.65% for DAVV.DE.
DAVV.DE is categorized as Technology Equities, while VWCE.DE is Global Equities. DAVV.DE tracks MVIS Global Digital Assets Equity, while VWCE.DE tracks FTSE All-World Index. They also come from different issuers: VanEck and Vanguard. Their fees differ too: 0.65% for DAVV.DE and 0.19% for VWCE.DE.
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