ESGU.DE vs. MVEA.DE
ESGU.DE (Invesco MSCI USA ESG Universal Screened UCITS ETF Acc) and MVEA.DE (iShares Edge MSCI USA Minimum Volatility ESG UCITS ETF) are both Large Cap Blend Equities funds - ESGU.DE tracks the MSCI USA ESG Universal Select Business Screens while MVEA.DE tracks the Russell 1000 TR USD. Both are passively managed. Over the past 5 years, ESGU.DE returned 13.90%/yr vs 6.87%/yr for MVEA.DE. Their correlation of 0.81 suggests significant overlap in exposure. ESGU.DE charges 0.09%/yr vs 0.20%/yr for MVEA.DE.
Performance
ESGU.DE vs. MVEA.DE - Performance Comparison
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Returns By Period
In the year-to-date period, ESGU.DE achieves a 12.55% return, which is significantly higher than MVEA.DE's 2.43% return.
ESGU.DE
- 1D
- -0.51%
- 1M
- 5.84%
- YTD
- 12.55%
- 6M
- 12.15%
- 1Y
- 25.15%
- 3Y*
- 18.92%
- 5Y*
- 13.90%
- 10Y*
- —
MVEA.DE
- 1D
- -0.13%
- 1M
- 2.84%
- YTD
- 2.43%
- 6M
- 2.57%
- 1Y
- 0.83%
- 3Y*
- 6.69%
- 5Y*
- 6.87%
- 10Y*
- —
ESGU.DE vs. MVEA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
ESGU.DE Invesco MSCI USA ESG Universal Screened UCITS ETF Acc | 12.55% | 3.01% | 31.66% | 23.96% | -17.68% | 39.98% | 19.81% |
MVEA.DE iShares Edge MSCI USA Minimum Volatility ESG UCITS ETF | 2.43% | -7.09% | 19.73% | 8.74% | -6.83% | 34.90% | 5.86% |
Correlation
The correlation between ESGU.DE and MVEA.DE is 0.54, 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 | 0.54 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.71 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.79 |
Correlation (All Time) Calculated using the full available price history since Apr 24, 2020 | 0.81 |
Over the past year, the correlation between ESGU.DE and MVEA.DE has dropped to 0.54 - well below their long-term average of 0.81, suggesting their price drivers have been diverging.
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Return for Risk
ESGU.DE vs. MVEA.DE — Risk / Return Rank
ESGU.DE
MVEA.DE
ESGU.DE vs. MVEA.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco MSCI USA ESG Universal Screened UCITS ETF Acc (ESGU.DE) and iShares Edge MSCI USA Minimum Volatility ESG UCITS ETF (MVEA.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.
| ESGU.DE | MVEA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.99 | ||
| Sortino ratioReturn per unit of downside risk | +2.68 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.02 | +0.36 |
| Calmar ratioReturn relative to maximum drawdown | 3.11 | 0.17 | +2.94 |
| Martin ratioReturn relative to average drawdown | 10.84 | 0.35 | +10.49 |
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
| ESGU.DE | MVEA.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.09 | 0.09 | +1.99 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.88 | 0.55 | +0.32 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.90 | 0.66 | +0.23 |
Drawdowns
ESGU.DE vs. MVEA.DE - Drawdown Comparison
The maximum ESGU.DE drawdown since its inception was -32.63%, which is greater than MVEA.DE's maximum drawdown of -17.47%. Use the drawdown chart below to compare losses from any high point for ESGU.DE and MVEA.DE.
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Drawdown Indicators
| ESGU.DE | MVEA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.63% | -17.47% | -15.16% |
Max Drawdown (1Y)Largest decline over 1 year | -8.05% | -4.92% | -3.13% |
Max Drawdown (3Y)Largest decline over 3 years | -23.69% | -17.47% | -6.22% |
Max Drawdown (5Y)Largest decline over 5 years | -23.69% | -17.47% | -6.22% |
Current DrawdownCurrent decline from peak | -0.53% | -10.27% | +9.74% |
Average DrawdownAverage peak-to-trough decline | -5.33% | -5.38% | +0.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.31% | 2.39% | -0.08% |
Volatility
ESGU.DE vs. MVEA.DE - Volatility Comparison
Invesco MSCI USA ESG Universal Screened UCITS ETF Acc (ESGU.DE) has a higher volatility of 2.90% compared to iShares Edge MSCI USA Minimum Volatility ESG UCITS ETF (MVEA.DE) at 2.72%. This indicates that ESGU.DE's price experiences larger fluctuations and is considered to be riskier than MVEA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ESGU.DE | MVEA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.90% | 2.72% | +0.18% |
Volatility (6M)Calculated over the trailing 6-month period | 8.14% | 5.90% | +2.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.01% | 8.97% | +3.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.66% | 12.27% | +3.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.47% | 12.79% | +4.68% |
ESGU.DE vs. MVEA.DE - Expense Ratio Comparison
ESGU.DE has a 0.09% expense ratio, which is lower than MVEA.DE's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
ESGU.DE vs. MVEA.DE - Dividend Comparison
Neither ESGU.DE nor MVEA.DE has paid dividends to shareholders.
Frequently Asked Questions
ESGU.DE and MVEA.DE have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ESGU.DE is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ESGU.DE is cheaper with a 0.09% expense ratio, compared with 0.20% for MVEA.DE.
ESGU.DE tracks MSCI USA ESG Universal Select Business Screens, while MVEA.DE tracks Russell 1000 TR USD. They also come from different issuers: Invesco and iShares. Their fees differ too: 0.09% for ESGU.DE and 0.20% for MVEA.DE.
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