GERD.DE vs. MVEW.DE
GERD.DE (L&G Gerd Kommer Multifactor Equity UCITS ETF USD Acc) and MVEW.DE (iShares Edge MSCI World Minimum Volatility ESG UCITS ETF (Acc)) are both Global Equities funds - GERD.DE tracks the Solactive Gerd Kommer Multifactor Equity while MVEW.DE tracks the MSCI ACWI NR USD. Both are passively managed. Over the past year, GERD.DE returned 26.06% vs 0.46% for MVEW.DE. A 0.55 correlation means they provide meaningful diversification when combined. GERD.DE charges 0.50%/yr vs 0.30%/yr for MVEW.DE.
Performance
GERD.DE vs. MVEW.DE - Performance Comparison
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Returns By Period
In the year-to-date period, GERD.DE achieves a 14.41% return, which is significantly higher than MVEW.DE's 1.17% return.
GERD.DE
- 1D
- -0.18%
- 1M
- 5.63%
- YTD
- 14.41%
- 6M
- 15.59%
- 1Y
- 26.06%
- 3Y*
- —
- 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*
- —
GERD.DE vs. MVEW.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
GERD.DE L&G Gerd Kommer Multifactor Equity UCITS ETF USD Acc | 14.41% | 10.26% | 18.54% | 7.85% |
MVEW.DE iShares Edge MSCI World Minimum Volatility ESG UCITS ETF (Acc) | 1.17% | -0.99% | 17.25% | 4.28% |
Correlation
The correlation between GERD.DE and MVEW.DE is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since Jun 22, 2023 | 0.55 |
Over the past year, the correlation between GERD.DE and MVEW.DE has dropped to 0.34 - well below their long-term average of 0.55, suggesting their price drivers have been diverging.
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Return for Risk
GERD.DE vs. MVEW.DE — Risk / Return Rank
GERD.DE
MVEW.DE
GERD.DE vs. MVEW.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for L&G Gerd Kommer Multifactor Equity UCITS ETF USD Acc (GERD.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.
| GERD.DE | MVEW.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.12 | ||
| Sortino ratioReturn per unit of downside risk | +2.82 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.02 | +0.38 |
| Calmar ratioReturn relative to maximum drawdown | 3.92 | 0.10 | +3.83 |
| Martin ratioReturn relative to average drawdown | 15.42 | 0.20 | +15.21 |
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
| GERD.DE | MVEW.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.18 | 0.06 | +2.12 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.62 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.35 | 0.63 | +0.72 |
Drawdowns
GERD.DE vs. MVEW.DE - Drawdown Comparison
The maximum GERD.DE drawdown since its inception was -19.22%, which is greater than MVEW.DE's maximum drawdown of -13.19%. Use the drawdown chart below to compare losses from any high point for GERD.DE and MVEW.DE.
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Drawdown Indicators
| GERD.DE | MVEW.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.22% | -13.19% | -6.03% |
Max Drawdown (1Y)Largest decline over 1 year | -6.61% | -4.68% | -1.93% |
Max Drawdown (3Y)Largest decline over 3 years | — | -13.19% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -13.19% | — |
Current DrawdownCurrent decline from peak | -0.19% | -5.75% | +5.56% |
Average DrawdownAverage peak-to-trough decline | -2.24% | -3.83% | +1.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.69% | 2.27% | -0.58% |
Volatility
GERD.DE vs. MVEW.DE - Volatility Comparison
L&G Gerd Kommer Multifactor Equity UCITS ETF USD Acc (GERD.DE) has a higher volatility of 3.18% compared to iShares Edge MSCI World Minimum Volatility ESG UCITS ETF (Acc) (MVEW.DE) at 2.58%. This indicates that GERD.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
| GERD.DE | MVEW.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.18% | 2.58% | +0.60% |
Volatility (6M)Calculated over the trailing 6-month period | 8.49% | 5.42% | +3.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.92% | 7.97% | +3.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.95% | 10.25% | +2.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.95% | 10.82% | +2.13% |
GERD.DE vs. MVEW.DE - Expense Ratio Comparison
GERD.DE has a 0.50% expense ratio, which is higher than MVEW.DE's 0.30% expense ratio.
Dividends
GERD.DE vs. MVEW.DE - Dividend Comparison
Neither GERD.DE nor MVEW.DE has paid dividends to shareholders.
Frequently Asked Questions
GERD.DE and MVEW.DE have a correlation of 0.34, 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 0.50% for GERD.DE.
GERD.DE tracks Solactive Gerd Kommer Multifactor Equity, while MVEW.DE tracks MSCI ACWI NR USD. They also come from different issuers: LGIM Managers (Europe) Limited and iShares. Their fees differ too: 0.50% for GERD.DE and 0.30% for MVEW.DE.
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