GOGB.L vs. JEDG.L
GOGB.L (VanEck Morningstar Global Wide Moat UCITS ETF) and JEDG.L (VanEck Space Innovators UCITS ETF) are both exchange-traded funds - GOGB.L is a Global Equities fund tracking the MSCI ACWI NR USD, while JEDG.L is a Industrials Equities fund tracking the MSCI World/Materials NR USD. Both are passively managed. Over the past 3 years, GOGB.L returned 9.92%/yr vs 44.26%/yr for JEDG.L. At a 0.50 correlation, their price movements are largely independent. GOGB.L charges 0.52%/yr vs 0.55%/yr for JEDG.L.
Performance
GOGB.L vs. JEDG.L - Performance Comparison
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Returns By Period
In the year-to-date period, GOGB.L achieves a 0.07% return, which is significantly lower than JEDG.L's 17.34% return.
GOGB.L
- 1D
- -0.33%
- 1M
- 0.00%
- 6M
- -3.30%
- YTD
- 0.07%
- 1Y
- 6.36%
- 3Y*
- 9.92%
- 5Y*
- 7.05%
- 10Y*
- —
- ALL TIME*
- 9.27%
JEDG.L
- 1D
- 0.00%
- 1M
- -19.91%
- 6M
- -7.09%
- YTD
- 17.34%
- 1Y
- 52.12%
- 3Y*
- 44.26%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 29.99%
GOGB.L vs. JEDG.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
GOGB.L VanEck Morningstar Global Wide Moat UCITS ETF | 0.07% | 16.96% | 11.22% | 4.82% | 6.53% |
JEDG.L VanEck Space Innovators UCITS ETF | 17.34% | 80.38% | 46.13% | 6.44% | -11.57% |
Correlation
The correlation between GOGB.L and JEDG.L is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.41 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.46 |
Correlation (All Time) Calculated using the full available price history since Jun 24, 2022 | 0.50 |
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Return for Risk
GOGB.L vs. JEDG.L — Risk / Return Rank
GOGB.L
JEDG.L
GOGB.L vs. JEDG.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Morningstar Global Wide Moat UCITS ETF (GOGB.L) and VanEck Space Innovators UCITS ETF (JEDG.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.
| GOGB.L | JEDG.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.53 | ||
| Sortino ratioReturn per unit of downside risk | -0.89 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.20 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 0.58 | 1.24 | -0.66 |
| Martin ratioReturn relative to average drawdown | 1.63 | 3.95 | -2.33 |
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Drawdowns
GOGB.L vs. JEDG.L - Drawdown Comparison
The maximum GOGB.L drawdown since its inception was -13.83%, smaller than the maximum JEDG.L drawdown of -42.23%. Use the drawdown chart below to compare losses from any high point for GOGB.L and JEDG.L.
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Drawdown Indicators
| GOGB.L | JEDG.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.83% | -42.23% | +28.40% |
Max Drawdown (1Y)Largest decline over 1 year | -10.88% | -42.23% | +31.35% |
Max Drawdown (3Y)Largest decline over 3 years | -13.83% | -42.23% | +28.40% |
Max Drawdown (5Y)Largest decline over 5 years | -13.83% | — | — |
Current DrawdownCurrent decline from peak | -4.91% | -42.23% | +37.32% |
Average DrawdownAverage peak-to-trough decline | -3.29% | -9.56% | +6.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.90% | 13.29% | -9.39% |
Volatility
GOGB.L vs. JEDG.L - Volatility Comparison
The current volatility for VanEck Morningstar Global Wide Moat UCITS ETF (GOGB.L) is 2.58%, while VanEck Space Innovators UCITS ETF (JEDG.L) has a volatility of 15.18%. This indicates that GOGB.L experiences smaller price fluctuations and is considered to be less risky than JEDG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GOGB.L | JEDG.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.58% | 15.18% | -12.60% |
Volatility (6M)Calculated over the trailing 6-month period | 9.15% | 37.40% | -28.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.36% | 48.00% | -36.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.64% | 34.14% | -21.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.84% | 34.14% | -21.30% |
GOGB.L vs. JEDG.L - Expense Ratio Comparison
GOGB.L has a 0.52% expense ratio, which is lower than JEDG.L's 0.55% expense ratio.
Dividends
GOGB.L vs. JEDG.L - Dividend Comparison
Neither GOGB.L nor JEDG.L has paid dividends to shareholders.
Frequently Asked Questions
GOGB.L and JEDG.L have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, GOGB.L is cheaper at 0.52% per year. The better choice depends on whether you care most about return, fees, risk, or income.
GOGB.L is cheaper with a 0.52% expense ratio, compared with 0.55% for JEDG.L.
GOGB.L is categorized as Global Equities, while JEDG.L is Industrials Equities. GOGB.L tracks MSCI ACWI NR USD, while JEDG.L tracks MSCI World/Materials NR USD. Their fees differ too: 0.52% for GOGB.L and 0.55% for JEDG.L.
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