HDEU.L vs. VDIV.DE

Last updated Apr 2, 2026

Compare and contrast key facts about PowerShares EURO STOXX High Dividend Low Volatility UCITS (HDEU.L) and VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF (VDIV.DE).

HDEU.L and VDIV.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HDEU.L is a passively managed fund by Invesco that tracks the performance of the MSCI EMU NR EUR. It was launched on Jan 6, 2016. VDIV.DE is a passively managed fund by VanEck that tracks the performance of the Morningstar Developed Markets Large Cap Dividend Leaders Screened Select Index. It was launched on May 23, 2016. Both HDEU.L and VDIV.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.

Performance

HDEU.L vs. VDIV.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in PowerShares EURO STOXX High Dividend Low Volatility UCITS (HDEU.L) and VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF (VDIV.DE). The values are adjusted to include any dividend payments, if applicable.

HDEU.L vs. VDIV.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
HDEU.L PowerShares EURO STOXX High Dividend Low Volatility UCITS	7.14%	35.87%	10.18%	13.58%	-8.23%	21.08%	-17.97%	17.34%	-0.82%
VDIV.DE VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF	9.30%	24.55%	15.67%	11.47%	15.47%	27.92%	-11.00%	23.09%	-3.07%

Returns By Period

In the year-to-date period, HDEU.L achieves a 7.14% return, which is significantly lower than VDIV.DE's 9.30% return.

HDEU.L

• 1D: 1.68%
• 1M: -0.81%
• YTD: 7.14%
• 6M: 12.60%
• 1Y: 25.58%
• 3Y*: 20.01%
• 5Y*: 12.83%
• 10Y*: 8.26%

VDIV.DE

• 1D: -0.17%
• 1M: -0.34%
• YTD: 9.30%
• 6M: 17.41%
• 1Y: 23.56%
• 3Y*: 20.39%
• 5Y*: 17.91%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

HDEU.L vs. VDIV.DE - Expense Ratio Comparison

HDEU.L has a 0.30% expense ratio, which is lower than VDIV.DE's 0.38% expense ratio.

VDIV.DE

VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF

HDEU.L

PowerShares EURO STOXX High Dividend Low Volatility UCITS

Return for Risk

HDEU.L vs. VDIV.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

HDEU.L

HDEU.L Risk / Return Rank: 87
HDEU.L Sharpe Ratio Rank: 88
HDEU.L Sortino Ratio Rank: 85
HDEU.L Omega Ratio Rank: 90
HDEU.L Calmar Ratio Rank: 85
HDEU.L Martin Ratio Rank: 88

VDIV.DE

VDIV.DE Risk / Return Rank: 85
VDIV.DE Sharpe Ratio Rank: 86
VDIV.DE Sortino Ratio Rank: 83
VDIV.DE Omega Ratio Rank: 90
VDIV.DE Calmar Ratio Rank: 78
VDIV.DE Martin Ratio Rank: 90

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

HDEU.L vs. VDIV.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PowerShares EURO STOXX High Dividend Low Volatility UCITS (HDEU.L) and VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF (VDIV.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.

	HDEU.L	VDIV.DE	Difference
Sharpe ratio Return per unit of total volatility	1.93	1.80	+0.13
Sortino ratio Return per unit of downside risk	2.36	2.25	+0.11
Omega ratio Gain probability vs. loss probability	1.40	1.39	+0.01
Calmar ratio Return relative to maximum drawdown	2.71	2.18	+0.54
Martin ratio Return relative to average drawdown	12.00	12.17	-0.17
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HDEU.L vs. VDIV.DE - Sharpe Ratio Comparison

The current HDEU.L Sharpe Ratio is 1.93, which is comparable to the VDIV.DE Sharpe Ratio of 1.80. The chart below compares the historical Sharpe Ratios of HDEU.L and VDIV.DE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	HDEU.L	VDIV.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.93	1.80	+0.13
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.95	1.48	-0.53
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.52	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.50	0.93	-0.43

Correlation

The correlation between HDEU.L and VDIV.DE is 0.69, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

HDEU.L vs. VDIV.DE - Dividend Comparison

HDEU.L's dividend yield for the trailing twelve months is around 4.10%, more than VDIV.DE's 3.33% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
HDEU.L PowerShares EURO STOXX High Dividend Low Volatility UCITS	4.10%	4.71%	5.77%	5.56%	5.60%	4.21%	3.04%	4.50%	4.38%	3.44%	3.59%
VDIV.DE VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF	3.33%	3.58%	4.19%	4.97%	4.56%	3.97%	4.11%	4.35%	0.91%	0.00%	0.00%

Drawdowns

HDEU.L vs. VDIV.DE - Drawdown Comparison

The maximum HDEU.L drawdown since its inception was -40.22%, which is greater than VDIV.DE's maximum drawdown of -35.93%. Use the drawdown chart below to compare losses from any high point for HDEU.L and VDIV.DE.

Drawdown Indicators

	HDEU.L	VDIV.DE	Difference
Max Drawdown Largest peak-to-trough decline	-40.22%	-35.93%	-4.29%
Max Drawdown (1Y) Largest decline over 1 year	-10.85%	-13.81%	+2.96%
Max Drawdown (5Y) Largest decline over 5 years	-22.45%	-15.12%	-7.33%
Max Drawdown (10Y) Largest decline over 10 years	-40.22%	—	—
Current Drawdown Current decline from peak	-1.37%	-0.58%	-0.79%
Average Drawdown Average peak-to-trough decline	-5.80%	-4.25%	-1.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.18%	1.98%	+0.20%

Volatility

HDEU.L vs. VDIV.DE - Volatility Comparison

PowerShares EURO STOXX High Dividend Low Volatility UCITS (HDEU.L) has a higher volatility of 4.43% compared to VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF (VDIV.DE) at 3.62%. This indicates that HDEU.L's price experiences larger fluctuations and is considered to be riskier than VDIV.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HDEU.L	VDIV.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.43%	3.62%	+0.81%
Volatility (6M) Calculated over the trailing 6-month period	7.76%	6.87%	+0.89%
Volatility (1Y) Calculated over the trailing 1-year period	13.21%	13.05%	+0.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.48%	11.97%	+1.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.01%	15.93%	+0.08%