GIGB.L vs. TDGB.L
GIGB.L (VanEck S&P Global Mining UCITS ETF) and TDGB.L (VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF) are both Global Equities funds from VanEck - GIGB.L tracks the VanEck S&P Global Mining UCITS ETF while TDGB.L tracks the Morningstar Developed Markets Large Cap Dividend Leaders Screened Select Index. Both are passively managed. Over the past 5 years, GIGB.L returned 13.45%/yr vs 18.10%/yr for TDGB.L. At a 0.44 correlation, their price movements are largely independent. GIGB.L charges 0.50%/yr vs 0.38%/yr for TDGB.L.
Performance
GIGB.L vs. TDGB.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, GIGB.L achieves a 0.48% return, which is significantly lower than TDGB.L's 10.48% return.
GIGB.L
- 1D
- 0.00%
- 1M
- -13.91%
- 6M
- -11.20%
- YTD
- 0.48%
- 1Y
- 52.68%
- 3Y*
- 20.60%
- 5Y*
- 13.45%
- 10Y*
- —
TDGB.L
- 1D
- -0.57%
- 1M
- 0.93%
- 6M
- 9.00%
- YTD
- 10.48%
- 1Y
- 27.97%
- 3Y*
- 20.99%
- 5Y*
- 18.10%
- 10Y*
- 10.10%
GIGB.L vs. TDGB.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
GIGB.L VanEck S&P Global Mining UCITS ETF | 0.48% | 77.74% | -7.37% | -1.37% | 15.87% | 8.64% | 27.01% | 21.34% | -33.33% |
TDGB.L VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF | 10.48% | 30.90% | 10.66% | 9.04% | 22.49% | 19.59% | -5.61% | 3.88% | -4.05% |
Correlation
The correlation between GIGB.L and TDGB.L is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.20 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.34 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.41 |
Correlation (All Time) Calculated using the full available price history since Apr 18, 2018 | 0.44 |
Over the past year, the correlation between GIGB.L and TDGB.L has dropped to 0.20 - well below their long-term average of 0.44, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
GIGB.L vs. TDGB.L — Risk / Return Rank
GIGB.L
TDGB.L
GIGB.L vs. TDGB.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck S&P Global Mining UCITS ETF (GIGB.L) and VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF (TDGB.L). 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.
| GIGB.L | TDGB.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.48 | ||
| Sortino ratioReturn per unit of downside risk | -2.16 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.56 | -0.31 |
| Calmar ratioReturn relative to maximum drawdown | 1.95 | 5.97 | -4.03 |
| Martin ratioReturn relative to average drawdown | 5.30 | 19.47 | -14.17 |
Loading charts...
Drawdowns
GIGB.L vs. TDGB.L - Drawdown Comparison
The maximum GIGB.L drawdown since its inception was -45.07%, which is greater than TDGB.L's maximum drawdown of -32.94%. Use the drawdown chart below to compare losses from any high point for GIGB.L and TDGB.L.
Loading charts...
Drawdown Indicators
| GIGB.L | TDGB.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.07% | -32.94% | -12.13% |
Max Drawdown (1Y)Largest decline over 1 year | -26.52% | -4.66% | -21.86% |
Max Drawdown (3Y)Largest decline over 3 years | -26.52% | -12.42% | -14.10% |
Max Drawdown (5Y)Largest decline over 5 years | -29.29% | -12.42% | -16.87% |
Max Drawdown (10Y)Largest decline over 10 years | — | -32.94% | — |
Current DrawdownCurrent decline from peak | -24.02% | -0.57% | -23.45% |
Average DrawdownAverage peak-to-trough decline | -14.82% | -4.89% | -9.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.76% | 1.43% | +8.33% |
Volatility
GIGB.L vs. TDGB.L - Volatility Comparison
VanEck S&P Global Mining UCITS ETF (GIGB.L) has a higher volatility of 10.51% compared to VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF (TDGB.L) at 2.45%. This indicates that GIGB.L's price experiences larger fluctuations and is considered to be riskier than TDGB.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| GIGB.L | TDGB.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.51% | 2.45% | +8.06% |
Volatility (6M)Calculated over the trailing 6-month period | 28.35% | 7.23% | +21.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 33.84% | 9.33% | +24.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.68% | 11.44% | +18.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.36% | 13.67% | +15.69% |
GIGB.L vs. TDGB.L - Expense Ratio Comparison
GIGB.L has a 0.50% expense ratio, which is higher than TDGB.L's 0.38% expense ratio.
Dividends
GIGB.L vs. TDGB.L - Dividend Comparison
GIGB.L has not paid dividends to shareholders, while TDGB.L's dividend yield for the trailing twelve months is around 3.15%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
GIGB.L VanEck S&P Global Mining UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TDGB.L VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF | 3.15% | 3.50% | 4.26% | 4.93% | 4.40% | 4.06% | 4.16% | 4.52% | 4.38% | 3.48% |
Frequently Asked Questions
GIGB.L and TDGB.L have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, TDGB.L is cheaper at 0.38% per year. The better choice depends on whether you care most about return, fees, risk, or income.
TDGB.L is cheaper with a 0.38% expense ratio, compared with 0.50% for GIGB.L.
GIGB.L tracks VanEck S&P Global Mining UCITS ETF, while TDGB.L tracks Morningstar Developed Markets Large Cap Dividend Leaders Screened Select Index. Their fees differ too: 0.50% for GIGB.L and 0.38% for TDGB.L.
Find the right allocation for GIGB.L and TDGB.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer