EXUS.DE vs. VDIV.DE

Last updated Jun 5, 2026

EXUS.DE (Xtrackers MSCI World ex USA UCITS ETF 1C USD) and VDIV.DE (VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF) are both Global Equities funds - EXUS.DE tracks the MSCI World ex USA index while VDIV.DE tracks the Morningstar Developed Markets Large Cap Dividend Leaders Screened Select Index. Both are passively managed. Over the past year, EXUS.DE returned 20.10% vs 25.64% for VDIV.DE. A 0.71 correlation means they provide meaningful diversification when combined. EXUS.DE charges 0.15%/yr vs 0.38%/yr for VDIV.DE.

Performance

EXUS.DE vs. VDIV.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Xtrackers MSCI World ex USA UCITS ETF 1C USD (EXUS.DE) and VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF (VDIV.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with EXUS.DE having a 9.64% return and VDIV.DE slightly higher at 9.79%.

EXUS.DE

• 1D: 0.19%
• 1M: 3.48%
• YTD: 9.64%
• 6M: 11.67%
• 1Y: 20.10%
• 3Y*: —
• 5Y*: —
• 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*: —

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

EXUS.DE vs. VDIV.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024
EXUS.DE Xtrackers MSCI World ex USA UCITS ETF 1C USD	9.64%	17.80%	5.15%
VDIV.DE VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF	9.79%	24.55%	11.60%

Correlation

The correlation between EXUS.DE and VDIV.DE is 0.67, 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	0.67
Correlation (All Time) Calculated using the full available price history since Mar 15, 2024	0.71

The correlation between EXUS.DE and VDIV.DE has been stable across timeframes, ranging from 0.67 to 0.71 - a consistent structural relationship.

Return for Risk

EXUS.DE vs. VDIV.DE — Risk / Return Rank

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

EXUS.DE

EXUS.DE Risk / Return Rank: 49
EXUS.DE Sharpe Ratio Rank: 47
EXUS.DE Sortino Ratio Rank: 49
EXUS.DE Omega Ratio Rank: 50
EXUS.DE Calmar Ratio Rank: 47
EXUS.DE Martin Ratio Rank: 54

VDIV.DE

VDIV.DE Risk / Return Rank: 88
VDIV.DE Sharpe Ratio Rank: 84
VDIV.DE Sortino Ratio Rank: 86
VDIV.DE Omega Ratio Rank: 85
VDIV.DE Calmar Ratio Rank: 94
VDIV.DE Martin Ratio Rank: 90

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.

EXUS.DE vs. VDIV.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI World ex USA UCITS ETF 1C USD (EXUS.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.

	EXUS.DE	VDIV.DE	Difference
Sharpe ratio: Return per unit of total volatility	1.62	2.73	-1.11
Sortino ratio: Return per unit of downside risk	2.36	3.85	-1.49
Omega ratio: Gain probability vs. loss probability	1.31	1.51	-0.20
Calmar ratio: Return relative to maximum drawdown	2.30	6.94	-4.63
Martin ratio: Return relative to average drawdown	9.01	20.46	-11.45
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EXUS.DE vs. VDIV.DE - Sharpe Ratio Comparison

The current EXUS.DE Sharpe Ratio is 1.62, which is lower than the VDIV.DE Sharpe Ratio of 2.73. The chart below compares the historical Sharpe Ratios of EXUS.DE and VDIV.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

	EXUS.DE	VDIV.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.62	2.73	-1.11
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.45	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.10	0.94	+0.16

Drawdowns

EXUS.DE vs. VDIV.DE - Drawdown Comparison

The maximum EXUS.DE drawdown since its inception was -16.21%, smaller than the maximum VDIV.DE drawdown of -36.12%. Use the drawdown chart below to compare losses from any high point for EXUS.DE and VDIV.DE.

Drawdown Indicators

	EXUS.DE	VDIV.DE	Difference
Max Drawdown Largest peak-to-trough decline	-16.21%	-36.12%	+19.91%
Max Drawdown (1Y) Largest decline over 1 year	-8.68%	-3.68%	-5.00%
Max Drawdown (3Y) Largest decline over 3 years	—	-15.12%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-15.12%	—
Current Drawdown Current decline from peak	-0.76%	-2.39%	+1.63%
Average Drawdown Average peak-to-trough decline	-1.78%	-4.22%	+2.44%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.23%	1.25%	+0.98%

Volatility

EXUS.DE vs. VDIV.DE - Volatility Comparison

Xtrackers MSCI World ex USA UCITS ETF 1C USD (EXUS.DE) has a higher volatility of 3.28% compared to VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF (VDIV.DE) at 2.82%. This indicates that EXUS.DE's price experiences larger fluctuations and is considered to be riskier than VDIV.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EXUS.DE	VDIV.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.28%	2.82%	+0.46%
Volatility (6M) Calculated over the trailing 6-month period	10.06%	6.79%	+3.27%
Volatility (1Y) Calculated over the trailing 1-year period	12.37%	9.36%	+3.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.39%	11.92%	+1.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.39%	15.36%	-1.97%

EXUS.DE vs. VDIV.DE - Expense Ratio Comparison

EXUS.DE has a 0.15% expense ratio, which is lower than VDIV.DE's 0.38% expense ratio.

Dividends

EXUS.DE vs. VDIV.DE - Dividend Comparison

EXUS.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
EXUS.DE Xtrackers MSCI World ex USA UCITS ETF 1C 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

Can I hold both EXUS.DE and VDIV.DE in my portfolio?

EXUS.DE and VDIV.DE have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, EXUS.DE or VDIV.DE?

On fees, EXUS.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EXUS.DE or VDIV.DE?

EXUS.DE is cheaper with a 0.15% expense ratio, compared with 0.38% for VDIV.DE.

What is the main difference between EXUS.DE and VDIV.DE?

EXUS.DE tracks MSCI World ex USA index, while VDIV.DE tracks Morningstar Developed Markets Large Cap Dividend Leaders Screened Select Index. They also come from different issuers: Xtrackers and VanEck. Their fees differ too: 0.15% for EXUS.DE and 0.38% for VDIV.DE.