IE00BFPM9N11.EUFUND vs. TDIV.AS

Last updated Apr 2, 2026

Compare and contrast key facts about Vanguard Global Stock Index Fund Institutional Plus EUR Acc (IE00BFPM9N11.EUFUND) and VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF (TDIV.AS).

IE00BFPM9N11.EUFUND is managed by Vanguard. It was launched on Dec 10, 2002. TDIV.AS 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.

Performance

IE00BFPM9N11.EUFUND vs. TDIV.AS - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Vanguard Global Stock Index Fund Institutional Plus EUR Acc (IE00BFPM9N11.EUFUND) and VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF (TDIV.AS). The values are adjusted to include any dividend payments, if applicable.

IE00BFPM9N11.EUFUND vs. TDIV.AS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IE00BFPM9N11.EUFUND Vanguard Global Stock Index Fund Institutional Plus EUR Acc	-1.72%	6.73%	26.59%	19.63%	-12.79%	31.07%	6.32%	30.03%	-4.16%	7.47%
TDIV.AS VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF	9.51%	24.40%	15.98%	10.91%	16.18%	27.85%	-10.17%	20.97%	-7.12%	2.88%

Returns By Period

In the year-to-date period, IE00BFPM9N11.EUFUND achieves a -1.72% return, which is significantly lower than TDIV.AS's 9.51% return.

IE00BFPM9N11.EUFUND

• 1D: 1.78%
• 1M: -4.58%
• YTD: -1.72%
• 6M: 0.95%
• 1Y: 10.88%
• 3Y*: 14.47%
• 5Y*: 10.49%
• 10Y*: 11.66%

TDIV.AS

• 1D: -0.08%
• 1M: -0.16%
• YTD: 9.51%
• 6M: 17.61%
• 1Y: 23.74%
• 3Y*: 20.41%
• 5Y*: 17.95%
• 10Y*: —

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

IE00BFPM9N11.EUFUND vs. TDIV.AS - Expense Ratio Comparison

IE00BFPM9N11.EUFUND has a 0.11% expense ratio, which is lower than TDIV.AS's 0.38% expense ratio.

TDIV.AS

VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF

IE00BFPM9N11.EUFUND

Vanguard Global Stock Index Fund Institutional Plus EUR Acc

Return for Risk

IE00BFPM9N11.EUFUND vs. TDIV.AS — Risk / Return Rank

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

IE00BFPM9N11.EUFUND

IE00BFPM9N11.EUFUND Risk / Return Rank: 55
IE00BFPM9N11.EUFUND Sharpe Ratio Rank: 28
IE00BFPM9N11.EUFUND Sortino Ratio Rank: 25
IE00BFPM9N11.EUFUND Omega Ratio Rank: 31
IE00BFPM9N11.EUFUND Calmar Ratio Rank: 96
IE00BFPM9N11.EUFUND Martin Ratio Rank: 96

TDIV.AS

TDIV.AS Risk / Return Rank: 90
TDIV.AS Sharpe Ratio Rank: 84
TDIV.AS Sortino Ratio Rank: 81
TDIV.AS Omega Ratio Rank: 89
TDIV.AS Calmar Ratio Rank: 99
TDIV.AS Martin Ratio Rank: 98

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.

IE00BFPM9N11.EUFUND vs. TDIV.AS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Global Stock Index Fund Institutional Plus EUR Acc (IE00BFPM9N11.EUFUND) and VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF (TDIV.AS). 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.

	IE00BFPM9N11.EUFUND	TDIV.AS	Difference
Sharpe ratio Return per unit of total volatility	0.74	1.72	-0.99
Sortino ratio Return per unit of downside risk	1.05	2.15	-1.10
Omega ratio Gain probability vs. loss probability	1.17	1.38	-0.21
Calmar ratio Return relative to maximum drawdown	3.81	8.84	-5.03
Martin ratio Return relative to average drawdown	15.02	27.24	-12.22
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IE00BFPM9N11.EUFUND vs. TDIV.AS - Sharpe Ratio Comparison

The current IE00BFPM9N11.EUFUND Sharpe Ratio is 0.74, which is lower than the TDIV.AS Sharpe Ratio of 1.72. The chart below compares the historical Sharpe Ratios of IE00BFPM9N11.EUFUND and TDIV.AS, 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

	IE00BFPM9N11.EUFUND	TDIV.AS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.74	1.72	-0.99
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.74	1.46	-0.72
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.76	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.75	0.85	-0.10

Correlation

The correlation between IE00BFPM9N11.EUFUND and TDIV.AS is 0.54, 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

IE00BFPM9N11.EUFUND vs. TDIV.AS - Dividend Comparison

IE00BFPM9N11.EUFUND has not paid dividends to shareholders, while TDIV.AS's dividend yield for the trailing twelve months is around 3.32%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
IE00BFPM9N11.EUFUND Vanguard Global Stock Index Fund Institutional Plus EUR Acc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
TDIV.AS VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF	3.32%	3.58%	4.19%	4.98%	4.55%	3.98%	4.12%	4.40%	4.93%	3.95%	1.11%

Drawdowns

IE00BFPM9N11.EUFUND vs. TDIV.AS - Drawdown Comparison

The maximum IE00BFPM9N11.EUFUND drawdown since its inception was -33.75%, smaller than the maximum TDIV.AS drawdown of -36.06%. Use the drawdown chart below to compare losses from any high point for IE00BFPM9N11.EUFUND and TDIV.AS.

Drawdown Indicators

	IE00BFPM9N11.EUFUND	TDIV.AS	Difference
Max Drawdown Largest peak-to-trough decline	-33.75%	-36.06%	+2.31%
Max Drawdown (1Y) Largest decline over 1 year	-11.81%	-13.90%	+2.09%
Max Drawdown (5Y) Largest decline over 5 years	-20.29%	-15.26%	-5.03%
Max Drawdown (10Y) Largest decline over 10 years	-33.75%	—	—
Current Drawdown Current decline from peak	-4.81%	-0.80%	-4.01%
Average Drawdown Average peak-to-trough decline	-4.40%	-3.98%	-0.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.67%	1.31%	+0.36%

Volatility

IE00BFPM9N11.EUFUND vs. TDIV.AS - Volatility Comparison

Vanguard Global Stock Index Fund Institutional Plus EUR Acc (IE00BFPM9N11.EUFUND) has a higher volatility of 3.92% compared to VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF (TDIV.AS) at 3.24%. This indicates that IE00BFPM9N11.EUFUND's price experiences larger fluctuations and is considered to be riskier than TDIV.AS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IE00BFPM9N11.EUFUND	TDIV.AS	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.92%	3.24%	+0.68%
Volatility (6M) Calculated over the trailing 6-month period	8.19%	6.55%	+1.64%
Volatility (1Y) Calculated over the trailing 1-year period	15.20%	13.63%	+1.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.92%	12.11%	+1.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.15%	14.40%	+0.75%