GMVM.DE vs. FTGU.DE
GMVM.DE (VanEck Morningstar US Sustainable Wide Moat UCITS ETF) and FTGU.DE (First Trust US Large Cap Core AlphaDEX UCITS ETF Class A USD) are both Large Cap Blend Equities funds - GMVM.DE tracks the Morningstar US Sustainable Moat Focus while FTGU.DE tracks the Nasdaq AlphaDEX Large Cap Core NTR Index. Both are passively managed. Over the past 5 years, GMVM.DE returned 4.34%/yr vs 11.49%/yr for FTGU.DE. Their correlation of 0.85 suggests significant overlap in exposure. GMVM.DE charges 0.49%/yr vs 0.65%/yr for FTGU.DE.
Performance
GMVM.DE vs. FTGU.DE - Performance Comparison
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Returns By Period
In the year-to-date period, GMVM.DE achieves a 2.97% return, which is significantly lower than FTGU.DE's 16.48% return.
GMVM.DE
- 1D
- -0.65%
- 1M
- 4.67%
- 6M
- -0.02%
- YTD
- 2.97%
- 1Y
- 8.87%
- 3Y*
- 6.86%
- 5Y*
- 4.34%
- 10Y*
- 10.26%
FTGU.DE
- 1D
- -0.37%
- 1M
- -1.11%
- 6M
- 11.47%
- YTD
- 16.48%
- 1Y
- 24.72%
- 3Y*
- 16.45%
- 5Y*
- 11.49%
- 10Y*
- —
GMVM.DE vs. FTGU.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GMVM.DE VanEck Morningstar US Sustainable Wide Moat UCITS ETF | 2.97% | -4.56% | 17.57% | 14.37% | -14.37% | 36.89% | 2.73% | 38.47% | 2.27% | 4.68% |
FTGU.DE First Trust US Large Cap Core AlphaDEX UCITS ETF Class A USD | 16.48% | 2.82% | 23.34% | 10.92% | -7.47% | 38.46% | 2.87% | 29.47% | -6.78% | 7.36% |
Correlation
The correlation between GMVM.DE and FTGU.DE is 0.57, 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 | 0.57 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.77 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.83 |
Correlation (All Time) Calculated using the full available price history since May 17, 2017 | 0.85 |
Over the past year, the correlation between GMVM.DE and FTGU.DE has dropped to 0.57 - well below their long-term average of 0.85, suggesting their price drivers have been diverging.
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Return for Risk
GMVM.DE vs. FTGU.DE — Risk / Return Rank
GMVM.DE
FTGU.DE
GMVM.DE vs. FTGU.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Morningstar US Sustainable Wide Moat UCITS ETF (GMVM.DE) and First Trust US Large Cap Core AlphaDEX UCITS ETF Class A USD (FTGU.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.
| GMVM.DE | FTGU.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.42 | ||
| Sortino ratioReturn per unit of downside risk | -1.86 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 1.37 | -0.25 |
| Calmar ratioReturn relative to maximum drawdown | 0.80 | 6.66 | -5.85 |
| Martin ratioReturn relative to average drawdown | 1.83 | 17.21 | -15.38 |
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Drawdowns
GMVM.DE vs. FTGU.DE - Drawdown Comparison
The maximum GMVM.DE drawdown since its inception was -32.26%, smaller than the maximum FTGU.DE drawdown of -99.98%. Use the drawdown chart below to compare losses from any high point for GMVM.DE and FTGU.DE.
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Drawdown Indicators
| GMVM.DE | FTGU.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.26% | -99.98% | +67.72% |
Max Drawdown (1Y)Largest decline over 1 year | -11.00% | -3.70% | -7.30% |
Max Drawdown (3Y)Largest decline over 3 years | -25.74% | -24.38% | -1.36% |
Max Drawdown (5Y)Largest decline over 5 years | -25.74% | -24.38% | -1.36% |
Max Drawdown (10Y)Largest decline over 10 years | -32.26% | — | — |
Current DrawdownCurrent decline from peak | -6.04% | -3.21% | -2.83% |
Average DrawdownAverage peak-to-trough decline | -6.08% | -5.12% | -0.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.84% | 1.43% | +3.41% |
Volatility
GMVM.DE vs. FTGU.DE - Volatility Comparison
VanEck Morningstar US Sustainable Wide Moat UCITS ETF (GMVM.DE) has a higher volatility of 5.17% compared to First Trust US Large Cap Core AlphaDEX UCITS ETF Class A USD (FTGU.DE) at 3.74%. This indicates that GMVM.DE's price experiences larger fluctuations and is considered to be riskier than FTGU.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GMVM.DE | FTGU.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.17% | 3.74% | +1.43% |
Volatility (6M)Calculated over the trailing 6-month period | 9.79% | 8.07% | +1.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.45% | 12.01% | +1.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.42% | 15.48% | -0.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.53% | 132,503.00% | -132,486.47% |
GMVM.DE vs. FTGU.DE - Expense Ratio Comparison
GMVM.DE has a 0.49% expense ratio, which is lower than FTGU.DE's 0.65% expense ratio.
Dividends
GMVM.DE vs. FTGU.DE - Dividend Comparison
Neither GMVM.DE nor FTGU.DE has paid dividends to shareholders.
Frequently Asked Questions
GMVM.DE and FTGU.DE have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, GMVM.DE is cheaper at 0.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.
GMVM.DE is cheaper with a 0.49% expense ratio, compared with 0.65% for FTGU.DE.
GMVM.DE tracks Morningstar US Sustainable Moat Focus, while FTGU.DE tracks Nasdaq AlphaDEX Large Cap Core NTR Index. They also come from different issuers: VanEck and First Trust. Their fees differ too: 0.49% for GMVM.DE and 0.65% for FTGU.DE.
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