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ETEC vs. VWRL.AS
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETEC vs. VWRL.AS

Last updated Apr 1, 2026

Compare and contrast key facts about iShares Breakthrough Environmental Solutions ETF (ETEC) and Vanguard FTSE All-World UCITS ETF (VWRL.AS).

ETEC and VWRL.AS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ETEC is a passively managed fund by iShares that tracks the performance of the Morningstar Global Emerging Green Technologies Select Index - Benchmark TR Net. It was launched on Mar 28, 2023. VWRL.AS is a passively managed fund by Vanguard that tracks the performance of the MSCI ACWI NR USD. It was launched on May 22, 2012. Both ETEC and VWRL.AS are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

ETEC vs. VWRL.AS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Breakthrough Environmental Solutions ETF (ETEC) and Vanguard FTSE All-World UCITS ETF (VWRL.AS). The values are adjusted to include any dividend payments, if applicable.

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ETEC vs. VWRL.AS - Yearly Performance Comparison

2026 (YTD)202520242023
ETEC
iShares Breakthrough Environmental Solutions ETF		7.95%31.89%-18.16%-6.50%
VWRL.AS
Vanguard FTSE All-World UCITS ETF		-3.70%22.96%17.81%14.44%
Different Trading Currencies

ETEC is traded in USD, while VWRL.AS is traded in EUR. To make them comparable, the VWRL.AS values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, ETEC achieves a 7.95% return, which is significantly higher than VWRL.AS's -3.70% return.

ETEC

1D
3.83%
1M
-2.54%
YTD
7.95%
6M
10.42%
1Y
44.91%
3Y*
2.50%
5Y*
—
10Y*
—

VWRL.AS

1D
0.97%
1M
-7.32%
YTD
-3.70%
6M
0.30%
1Y
20.45%
3Y*
16.67%
5Y*
9.17%
10Y*
11.33%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares Breakthrough Environmental Solutions ETF

Vanguard FTSE All-World UCITS ETF

Often compared with ETEC:
ETEC vs. smhETEC vs. VGTETEC vs. AOAETEC vs. FTECETEC vs. VTWOETEC vs. TIMEETEC vs. SCHG
Often compared with VWRL.AS:
VWRL.AS vs. CSPX.LVWRL.AS vs. VUSA.ASVWRL.AS vs. VOOVWRL.AS vs. VTVWRL.AS vs. VUAA.LVWRL.AS vs. VGWL.DEVWRL.AS vs. BRK-A

ETEC vs. VWRL.AS - Expense Ratio Comparison

ETEC has a 0.47% expense ratio, which is higher than VWRL.AS's 0.22% expense ratio.

ETEC
iShares Breakthrough Environmental Solutions ETF
VWRL.AS
Vanguard FTSE All-World UCITS ETF

Return for Risk

ETEC vs. VWRL.AS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
ETEC
ETEC Risk / Return Rank: 8686
Overall Rank
ETEC Sharpe Ratio Rank: 8585
Sharpe Ratio Rank
ETEC Sortino Ratio Rank: 8888
Sortino Ratio Rank
ETEC Omega Ratio Rank: 8383
Omega Ratio Rank
ETEC Calmar Ratio Rank: 8585
Calmar Ratio Rank
ETEC Martin Ratio Rank: 8787
Martin Ratio Rank
VWRL.AS
VWRL.AS Risk / Return Rank: 6363
Overall Rank
VWRL.AS Sharpe Ratio Rank: 4747
Sharpe Ratio Rank
VWRL.AS Sortino Ratio Rank: 4444
Sortino Ratio Rank
VWRL.AS Omega Ratio Rank: 4949
Omega Ratio Rank
VWRL.AS Calmar Ratio Rank: 8787
Calmar Ratio Rank
VWRL.AS Martin Ratio Rank: 8989
Martin Ratio Rank
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.

ETEC vs. VWRL.AS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Breakthrough Environmental Solutions ETF (ETEC) and Vanguard FTSE All-World UCITS ETF (VWRL.AS). 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.

ETECVWRL.ASDifference

Sharpe ratio

Return per unit of total volatility

1.73

1.25

+0.48

Sortino ratio

Return per unit of downside risk

2.43

1.76

+0.67

Omega ratio

Gain probability vs. loss probability

1.32

1.26

+0.06

Calmar ratio

Return relative to maximum drawdown

2.56

2.51

+0.06

Martin ratio

Return relative to average drawdown

10.69

11.37

-0.68

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ETEC vs. VWRL.AS - Sharpe Ratio Comparison

The current ETEC Sharpe Ratio is 1.73, which is higher than the VWRL.AS Sharpe Ratio of 1.25. The chart below compares the historical Sharpe Ratios of ETEC and VWRL.AS, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Sharpe Ratios by Period

ETECVWRL.ASDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.73

1.25

+0.48

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

—

0.59

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.71

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.12

0.63

-0.51

Correlation

The correlation between ETEC and VWRL.AS is 0.56, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

ETEC vs. VWRL.AS - Dividend Comparison

ETEC's dividend yield for the trailing twelve months is around 0.30%, less than VWRL.AS's 1.43% yield.

TTM20252024202320222021202020192018201720162015
ETEC
iShares Breakthrough Environmental Solutions ETF		0.30%0.33%1.24%4.18%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
VWRL.AS
Vanguard FTSE All-World UCITS ETF		1.43%1.42%1.47%1.74%2.10%1.43%1.56%1.89%2.24%1.93%1.95%2.03%

Drawdowns

ETEC vs. VWRL.AS - Drawdown Comparison

The maximum ETEC drawdown since its inception was -39.71%, which is greater than VWRL.AS's maximum drawdown of -33.75%. Use the drawdown chart below to compare losses from any high point for ETEC and VWRL.AS.

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Drawdown Indicators

ETECVWRL.ASDifference

Max Drawdown

Largest peak-to-trough decline

-39.71%

-33.27%

-6.44%

Max Drawdown (1Y)

Largest decline over 1 year

-16.67%

-13.34%

-3.33%

Max Drawdown (5Y)

Largest decline over 5 years

—

-21.00%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-33.27%

—

Current Drawdown

Current decline from peak

-6.93%

-5.97%

-0.96%

Average Drawdown

Average peak-to-trough decline

-15.77%

-4.43%

-11.34%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.00%

1.61%

+2.39%

Volatility

ETEC vs. VWRL.AS - Volatility Comparison

iShares Breakthrough Environmental Solutions ETF (ETEC) has a higher volatility of 8.67% compared to Vanguard FTSE All-World UCITS ETF (VWRL.AS) at 4.86%. This indicates that ETEC's price experiences larger fluctuations and is considered to be riskier than VWRL.AS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

ETECVWRL.ASDifference

Volatility (1M)

Calculated over the trailing 1-month period

8.67%

4.86%

+3.81%

Volatility (6M)

Calculated over the trailing 6-month period

15.65%

8.70%

+6.95%

Volatility (1Y)

Calculated over the trailing 1-year period

26.15%

16.20%

+9.95%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

23.85%

15.21%

+8.64%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

23.85%

15.66%

+8.19%