GMVM.DE vs. IS3R.DE
Compare and contrast key facts about VanEck Morningstar US Sustainable Wide Moat UCITS ETF (GMVM.DE) and iShares Edge MSCI World Momentum Factor UCITS ETF (Acc) (IS3R.DE).
GMVM.DE and IS3R.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GMVM.DE is a passively managed fund by VanEck that tracks the performance of the Morningstar US Sustainable Moat Focus. It was launched on Oct 16, 2015. IS3R.DE is a passively managed fund by iShares that tracks the performance of the MSCI World Momentum. It was launched on Oct 3, 2014. Both GMVM.DE and IS3R.DE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GMVM.DE or IS3R.DE.
Key characteristics
| GMVM.DE | IS3R.DE | |
|---|---|---|
| YTD Return | 5.45% | 22.71% |
| 1Y Return | 13.45% | 34.36% |
| 3Y Return (Ann) | 5.88% | 11.17% |
| 5Y Return (Ann) | 11.20% | 12.69% |
| Sharpe Ratio | 1.24 | 2.58 |
| Daily Std Dev | 11.14% | 13.04% |
| Max Drawdown | -32.25% | -30.77% |
| Current Drawdown | -2.57% | -0.59% |
Correlation
The correlation between GMVM.DE and IS3R.DE is 0.76, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
GMVM.DE vs. IS3R.DE - Performance Comparison
In the year-to-date period, GMVM.DE achieves a 5.45% return, which is significantly lower than IS3R.DE's 22.71% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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GMVM.DE vs. IS3R.DE - Expense Ratio Comparison
GMVM.DE has a 0.49% expense ratio, which is higher than IS3R.DE's 0.30% expense ratio.
Risk-Adjusted Performance
GMVM.DE vs. IS3R.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Morningstar US Sustainable Wide Moat UCITS ETF (GMVM.DE) and iShares Edge MSCI World Momentum Factor UCITS ETF (Acc) (IS3R.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.
Dividends
GMVM.DE vs. IS3R.DE - Dividend Comparison
Neither GMVM.DE nor IS3R.DE has paid dividends to shareholders.
Drawdowns
GMVM.DE vs. IS3R.DE - Drawdown Comparison
The maximum GMVM.DE drawdown since its inception was -32.25%, roughly equal to the maximum IS3R.DE drawdown of -30.77%. Use the drawdown chart below to compare losses from any high point for GMVM.DE and IS3R.DE. For additional features, visit the drawdowns tool.
Volatility
GMVM.DE vs. IS3R.DE - Volatility Comparison
The current volatility for VanEck Morningstar US Sustainable Wide Moat UCITS ETF (GMVM.DE) is 3.13%, while iShares Edge MSCI World Momentum Factor UCITS ETF (Acc) (IS3R.DE) has a volatility of 5.24%. This indicates that GMVM.DE experiences smaller price fluctuations and is considered to be less risky than IS3R.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.