FTWD.DE vs. VDIV.DE
FTWD.DE (Invesco FTSE All-World UCITS ETF USD Distribution) and VDIV.DE (VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF) are both Global Equities funds - FTWD.DE tracks the FTSE All-World Index while VDIV.DE tracks the Morningstar Developed Markets Large Cap Dividend Leaders Screened Select Index. Both are passively managed. Over the past 3 years, FTWD.DE returned 17.83%/yr vs 20.20%/yr for VDIV.DE. A 0.53 correlation means they provide meaningful diversification when combined. FTWD.DE charges 0.15%/yr vs 0.38%/yr for VDIV.DE.
Performance
FTWD.DE vs. VDIV.DE - Performance Comparison
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Returns By Period
In the year-to-date period, FTWD.DE achieves a 14.08% return, which is significantly higher than VDIV.DE's 12.05% return.
FTWD.DE
- 1D
- 0.52%
- 1M
- 0.92%
- 6M
- 14.25%
- YTD
- 14.08%
- 1Y
- 26.51%
- 3Y*
- 17.83%
- 5Y*
- —
- 10Y*
- —
VDIV.DE
- 1D
- 0.46%
- 1M
- 2.31%
- 6M
- 11.24%
- YTD
- 12.05%
- 1Y
- 28.66%
- 3Y*
- 20.20%
- 5Y*
- 17.99%
- 10Y*
- —
FTWD.DE vs. VDIV.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
FTWD.DE Invesco FTSE All-World UCITS ETF USD Distribution | 14.08% | 9.08% | 24.54% | -0.42% |
VDIV.DE VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF | 12.05% | 24.58% | 15.66% | 10.59% |
Correlation
The correlation between FTWD.DE and VDIV.DE is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.36 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.53 |
Correlation (All Time) Calculated using the full available price history since Jun 26, 2023 | 0.53 |
The correlation between FTWD.DE and VDIV.DE shifts across timeframes, from 0.36 (1 year) to 0.53 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
FTWD.DE vs. VDIV.DE — Risk / Return Rank
FTWD.DE
VDIV.DE
FTWD.DE vs. VDIV.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco FTSE All-World UCITS ETF USD Distribution (FTWD.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FTWD.DE | VDIV.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.77 | ||
| Sortino ratioReturn per unit of downside risk | -1.10 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.56 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | 4.07 | 7.75 | -3.68 |
| Martin ratioReturn relative to average drawdown | 16.12 | 22.51 | -6.39 |
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Drawdowns
FTWD.DE vs. VDIV.DE - Drawdown Comparison
The maximum FTWD.DE drawdown since its inception was -21.01%, smaller than the maximum VDIV.DE drawdown of -36.13%. Use the drawdown chart below to compare losses from any high point for FTWD.DE and VDIV.DE.
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Drawdown Indicators
| FTWD.DE | VDIV.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.01% | -36.13% | +15.12% |
Max Drawdown (1Y)Largest decline over 1 year | -6.49% | -3.68% | -2.81% |
Max Drawdown (3Y)Largest decline over 3 years | -21.01% | -15.13% | -5.88% |
Max Drawdown (5Y)Largest decline over 5 years | — | -15.13% | — |
Current DrawdownCurrent decline from peak | -0.13% | -0.37% | +0.24% |
Average DrawdownAverage peak-to-trough decline | -3.16% | -4.19% | +1.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.64% | 1.27% | +0.37% |
Volatility
FTWD.DE vs. VDIV.DE - Volatility Comparison
Invesco FTSE All-World UCITS ETF USD Distribution (FTWD.DE) has a higher volatility of 3.62% compared to VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF (VDIV.DE) at 2.56%. This indicates that FTWD.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.
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Volatility by Period
| FTWD.DE | VDIV.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.62% | 2.56% | +1.06% |
Volatility (6M)Calculated over the trailing 6-month period | 8.60% | 7.18% | +1.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.89% | 9.52% | +2.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.70% | 11.95% | +1.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.70% | 15.32% | -1.62% |
FTWD.DE vs. VDIV.DE - Expense Ratio Comparison
FTWD.DE has a 0.15% expense ratio, which is lower than VDIV.DE's 0.38% expense ratio.
Dividends
FTWD.DE vs. VDIV.DE - Dividend Comparison
FTWD.DE's dividend yield for the trailing twelve months is around 1.23%, less than VDIV.DE's 3.13% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
FTWD.DE Invesco FTSE All-World UCITS ETF USD Distribution | 1.23% | 1.36% | 1.49% | 0.70% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VDIV.DE VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF | 3.13% | 3.58% | 4.19% | 4.97% | 4.56% | 3.97% | 4.11% | 4.35% | 0.91% |
Frequently Asked Questions
FTWD.DE and VDIV.DE have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, FTWD.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FTWD.DE is cheaper with a 0.15% expense ratio, compared with 0.38% for VDIV.DE.
FTWD.DE tracks FTSE All-World Index, while VDIV.DE tracks Morningstar Developed Markets Large Cap Dividend Leaders Screened Select Index. They also come from different issuers: Invesco and VanEck. Their fees differ too: 0.15% for FTWD.DE and 0.38% for VDIV.DE.
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