FTGS.DE vs. MVEW.DE
FTGS.DE (First Trust Global Capital Strength ESG Leaders UCITS ETF Class A Accumulation) and MVEW.DE (iShares Edge MSCI World Minimum Volatility ESG UCITS ETF (Acc)) are both Global Equities funds - FTGS.DE tracks the First Trust Global Capital Strength ESG Leaders while MVEW.DE tracks the MSCI ACWI NR USD. Both are passively managed. Over the past 3 years, FTGS.DE returned 6.17%/yr vs 6.53%/yr for MVEW.DE. Their correlation of 0.81 suggests significant overlap in exposure. FTGS.DE charges 0.75%/yr vs 0.30%/yr for MVEW.DE.
Performance
FTGS.DE vs. MVEW.DE - Performance Comparison
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Returns By Period
In the year-to-date period, FTGS.DE achieves a -0.93% return, which is significantly lower than MVEW.DE's 1.17% return.
FTGS.DE
- 1D
- 0.70%
- 1M
- 1.61%
- YTD
- -0.93%
- 6M
- -0.09%
- 1Y
- -2.79%
- 3Y*
- 6.17%
- 5Y*
- —
- 10Y*
- —
MVEW.DE
- 1D
- 0.07%
- 1M
- 1.79%
- YTD
- 1.17%
- 6M
- 1.16%
- 1Y
- 0.46%
- 3Y*
- 6.53%
- 5Y*
- 6.47%
- 10Y*
- —
FTGS.DE vs. MVEW.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
FTGS.DE First Trust Global Capital Strength ESG Leaders UCITS ETF Class A Accumulation | -0.93% | -0.97% | 16.36% | 8.51% | -0.83% |
MVEW.DE iShares Edge MSCI World Minimum Volatility ESG UCITS ETF (Acc) | 1.17% | -0.99% | 17.25% | 6.27% | 3.23% |
Correlation
The correlation between FTGS.DE and MVEW.DE is 0.77, 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 | 0.77 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.82 |
Correlation (All Time) Calculated using the full available price history since Feb 24, 2022 | 0.81 |
The correlation between FTGS.DE and MVEW.DE has been stable across timeframes, ranging from 0.77 to 0.82 - a consistent structural relationship.
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Return for Risk
FTGS.DE vs. MVEW.DE — Risk / Return Rank
FTGS.DE
MVEW.DE
FTGS.DE vs. MVEW.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Global Capital Strength ESG Leaders UCITS ETF Class A Accumulation (FTGS.DE) and iShares Edge MSCI World Minimum Volatility ESG UCITS ETF (Acc) (MVEW.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.
| FTGS.DE | MVEW.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.36 | ||
| Sortino ratioReturn per unit of downside risk | -0.50 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 1.02 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | -0.43 | 0.10 | -0.53 |
| Martin ratioReturn relative to average drawdown | -0.88 | 0.20 | -1.08 |
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
| FTGS.DE | MVEW.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.31 | 0.06 | -0.36 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.62 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.42 | 0.63 | -0.21 |
Drawdowns
FTGS.DE vs. MVEW.DE - Drawdown Comparison
The maximum FTGS.DE drawdown since its inception was -13.82%, roughly equal to the maximum MVEW.DE drawdown of -13.19%. Use the drawdown chart below to compare losses from any high point for FTGS.DE and MVEW.DE.
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Drawdown Indicators
| FTGS.DE | MVEW.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.82% | -13.19% | -0.63% |
Max Drawdown (1Y)Largest decline over 1 year | -6.47% | -4.68% | -1.79% |
Max Drawdown (3Y)Largest decline over 3 years | -13.82% | -13.19% | -0.63% |
Max Drawdown (5Y)Largest decline over 5 years | — | -13.19% | — |
Current DrawdownCurrent decline from peak | -6.39% | -5.75% | -0.64% |
Average DrawdownAverage peak-to-trough decline | -4.30% | -3.83% | -0.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.18% | 2.27% | +0.91% |
Volatility
FTGS.DE vs. MVEW.DE - Volatility Comparison
First Trust Global Capital Strength ESG Leaders UCITS ETF Class A Accumulation (FTGS.DE) has a higher volatility of 3.10% compared to iShares Edge MSCI World Minimum Volatility ESG UCITS ETF (Acc) (MVEW.DE) at 2.58%. This indicates that FTGS.DE's price experiences larger fluctuations and is considered to be riskier than MVEW.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FTGS.DE | MVEW.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.10% | 2.58% | +0.52% |
Volatility (6M)Calculated over the trailing 6-month period | 6.73% | 5.42% | +1.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.07% | 7.97% | +1.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.69% | 10.25% | +1.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.69% | 10.82% | +0.87% |
FTGS.DE vs. MVEW.DE - Expense Ratio Comparison
FTGS.DE has a 0.75% expense ratio, which is higher than MVEW.DE's 0.30% expense ratio.
Dividends
FTGS.DE vs. MVEW.DE - Dividend Comparison
Neither FTGS.DE nor MVEW.DE has paid dividends to shareholders.
Frequently Asked Questions
FTGS.DE and MVEW.DE have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, MVEW.DE is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.
MVEW.DE is cheaper with a 0.30% expense ratio, compared with 0.75% for FTGS.DE.
FTGS.DE tracks First Trust Global Capital Strength ESG Leaders, while MVEW.DE tracks MSCI ACWI NR USD. They also come from different issuers: First Trust and iShares. Their fees differ too: 0.75% for FTGS.DE and 0.30% for MVEW.DE.
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