ESGU.DE vs. VNRT.DE

Last updated Jun 5, 2026

ESGU.DE (Invesco MSCI USA ESG Universal Screened UCITS ETF Acc) and VNRT.DE (Vanguard FTSE North America UCITS ETF Distributing) are both Large Cap Blend Equities funds - ESGU.DE tracks the MSCI USA ESG Universal Select Business Screens while VNRT.DE tracks the Russell 1000 TR USD. Both are passively managed. Over the past 5 years, ESGU.DE returned 13.90%/yr vs 14.33%/yr for VNRT.DE. With a 0.99 correlation, they move nearly in lockstep. ESGU.DE charges 0.09%/yr vs 0.10%/yr for VNRT.DE.

Performance

ESGU.DE vs. VNRT.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Invesco MSCI USA ESG Universal Screened UCITS ETF Acc (ESGU.DE) and Vanguard FTSE North America UCITS ETF Distributing (VNRT.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ESGU.DE achieves a 12.55% return, which is significantly higher than VNRT.DE's 11.18% 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*: —

VNRT.DE

• 1D: -0.06%
• 1M: 5.35%
• YTD: 11.18%
• 6M: 11.26%
• 1Y: 25.31%
• 3Y*: 19.05%
• 5Y*: 14.33%
• 10Y*: —

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

ESGU.DE vs. VNRT.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
ESGU.DE Invesco MSCI USA ESG Universal Screened UCITS ETF Acc	12.55%	3.01%	31.66%	23.96%	-17.68%	39.98%	12.25%	13.25%
VNRT.DE Vanguard FTSE North America UCITS ETF Distributing	11.18%	5.38%	31.91%	22.71%	-15.21%	38.59%	8.35%	12.09%

Correlation

The correlation between ESGU.DE and VNRT.DE is 0.98 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.98
Correlation (3Y) Calculated over the trailing 3-year period	0.98
Correlation (5Y) Calculated over the trailing 5-year period	0.99
Correlation (All Time) Calculated using the full available price history since Jun 20, 2019	0.99

The correlation between ESGU.DE and VNRT.DE has been stable across timeframes, ranging from 0.98 to 0.99 - a consistent structural relationship.

Return for Risk

ESGU.DE vs. VNRT.DE — Risk / Return Rank

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

ESGU.DE

ESGU.DE Risk / Return Rank: 63
ESGU.DE Sharpe Ratio Rank: 63
ESGU.DE Sortino Ratio Rank: 62
ESGU.DE Omega Ratio Rank: 65
ESGU.DE Calmar Ratio Rank: 64
ESGU.DE Martin Ratio Rank: 61

VNRT.DE

VNRT.DE Risk / Return Rank: 69
VNRT.DE Sharpe Ratio Rank: 67
VNRT.DE Sortino Ratio Rank: 65
VNRT.DE Omega Ratio Rank: 70
VNRT.DE Calmar Ratio Rank: 72
VNRT.DE Martin Ratio Rank: 69

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.

ESGU.DE vs. VNRT.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 Vanguard FTSE North America UCITS ETF Distributing (VNRT.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	VNRT.DE	Difference
Sharpe ratio: Return per unit of total volatility	2.09	2.20	-0.11
Sortino ratio: Return per unit of downside risk	2.87	2.99	-0.12
Omega ratio: Gain probability vs. loss probability	1.38	1.41	-0.02
Calmar ratio: Return relative to maximum drawdown	3.11	3.55	-0.44
Martin ratio: Return relative to average drawdown	10.84	12.68	-1.84
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ESGU.DE vs. VNRT.DE - Sharpe Ratio Comparison

The current ESGU.DE Sharpe Ratio is 2.09, which is comparable to the VNRT.DE Sharpe Ratio of 2.20. The chart below compares the historical Sharpe Ratios of ESGU.DE and VNRT.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	ESGU.DE	VNRT.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.09	2.20	-0.11
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.88	0.93	-0.05
Sharpe Ratio (All Time) Calculated using the full available price history	0.90	0.87	+0.02

Drawdowns

ESGU.DE vs. VNRT.DE - Drawdown Comparison

The maximum ESGU.DE drawdown since its inception was -32.63%, smaller than the maximum VNRT.DE drawdown of -34.52%. Use the drawdown chart below to compare losses from any high point for ESGU.DE and VNRT.DE.

Drawdown Indicators

	ESGU.DE	VNRT.DE	Difference
Max Drawdown Largest peak-to-trough decline	-32.63%	-34.52%	+1.89%
Max Drawdown (1Y) Largest decline over 1 year	-8.05%	-7.10%	-0.95%
Max Drawdown (3Y) Largest decline over 3 years	-23.69%	-23.32%	-0.37%
Max Drawdown (5Y) Largest decline over 5 years	-23.69%	-23.32%	-0.37%
Current Drawdown Current decline from peak	-0.53%	-0.35%	-0.18%
Average Drawdown Average peak-to-trough decline	-5.33%	-4.44%	-0.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.31%	1.99%	+0.32%

Volatility

ESGU.DE vs. VNRT.DE - Volatility Comparison

Invesco MSCI USA ESG Universal Screened UCITS ETF Acc (ESGU.DE) has a higher volatility of 2.90% compared to Vanguard FTSE North America UCITS ETF Distributing (VNRT.DE) at 2.64%. This indicates that ESGU.DE's price experiences larger fluctuations and is considered to be riskier than VNRT.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ESGU.DE	VNRT.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.90%	2.64%	+0.26%
Volatility (6M) Calculated over the trailing 6-month period	8.14%	7.50%	+0.64%
Volatility (1Y) Calculated over the trailing 1-year period	12.01%	11.47%	+0.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.66%	15.27%	+0.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.47%	16.82%	+0.65%

ESGU.DE vs. VNRT.DE - Expense Ratio Comparison

ESGU.DE has a 0.09% expense ratio, which is lower than VNRT.DE's 0.10% 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. VNRT.DE - Dividend Comparison

ESGU.DE has not paid dividends to shareholders, while VNRT.DE's dividend yield for the trailing twelve months is around 0.88%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
ESGU.DE Invesco MSCI USA ESG Universal Screened UCITS ETF Acc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VNRT.DE Vanguard FTSE North America UCITS ETF Distributing	0.88%	0.98%	0.99%	1.25%	1.46%	1.00%	1.42%	1.43%	1.78%	0.41%

Frequently Asked Questions

Can I hold both ESGU.DE and VNRT.DE in my portfolio?

With a correlation of 0.98, ESGU.DE and VNRT.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, ESGU.DE or VNRT.DE?

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.

Which ETF is cheaper, ESGU.DE or VNRT.DE?

ESGU.DE is cheaper with a 0.09% expense ratio, compared with 0.10% for VNRT.DE.

What is the main difference between ESGU.DE and VNRT.DE?

ESGU.DE tracks MSCI USA ESG Universal Select Business Screens, while VNRT.DE tracks Russell 1000 TR USD. They also come from different issuers: Invesco and Vanguard. Their fees differ too: 0.09% for ESGU.DE and 0.10% for VNRT.DE.