JEDG.L vs. MOAT.L
JEDG.L (VanEck Space Innovators UCITS ETF) and MOAT.L (VanEck Morningstar US Sustainable Wide Moat UCITS ETF) are both exchange-traded funds - JEDG.L is a Industrials Equities fund tracking the MSCI World/Materials NR USD, while MOAT.L is a Large Cap Blend Equities fund tracking the Russell 1000 TR USD. Both are passively managed. Over the past 3 years, JEDG.L returned 65.85%/yr vs 5.44%/yr for MOAT.L. At a 0.46 correlation, their price movements are largely independent. JEDG.L charges 0.55%/yr vs 0.49%/yr for MOAT.L.
Performance
JEDG.L vs. MOAT.L - Performance Comparison
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Different Trading Currencies
JEDG.L is traded in GBP, while MOAT.L is traded in USD. To make them comparable, the MOAT.L values have been converted to GBP using the latest available exchange rates.
Returns By Period
In the year-to-date period, JEDG.L achieves a 74.89% return, which is significantly higher than MOAT.L's -2.27% return.
JEDG.L
- 1D
- 1.49%
- 1M
- 23.72%
- YTD
- 74.89%
- 6M
- 96.65%
- 1Y
- 211.91%
- 3Y*
- 65.85%
- 5Y*
- —
- 10Y*
- —
MOAT.L
- 1D
- 1.08%
- 1M
- 4.43%
- YTD
- -2.27%
- 6M
- -3.00%
- 1Y
- 9.41%
- 3Y*
- 5.44%
- 5Y*
- 4.30%
- 10Y*
- 11.37%
JEDG.L vs. MOAT.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
JEDG.L VanEck Space Innovators UCITS ETF | 74.89% | 80.38% | 46.13% | 6.44% | -12.08% |
MOAT.L VanEck Morningstar US Sustainable Wide Moat UCITS ETF | -2.27% | -0.31% | 13.06% | 12.45% | 0.29% |
Correlation
The correlation between JEDG.L and MOAT.L is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.41 |
Correlation (All Time) Calculated using the full available price history since Jun 28, 2022 | 0.46 |
The correlation between JEDG.L and MOAT.L shifts across timeframes, from 0.29 (1 year) to 0.46 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
JEDG.L vs. MOAT.L — Risk / Return Rank
JEDG.L
MOAT.L
JEDG.L vs. MOAT.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Space Innovators UCITS ETF (JEDG.L) and VanEck Morningstar US Sustainable Wide Moat UCITS ETF (MOAT.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.
| JEDG.L | MOAT.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +4.07 | ||
| Sortino ratioReturn per unit of downside risk | +3.67 | ||
| Omega ratioGain probability vs. loss probability | 1.61 | 1.13 | +0.48 |
| Calmar ratioReturn relative to maximum drawdown | 9.18 | 0.86 | +8.32 |
| Martin ratioReturn relative to average drawdown | 30.71 | 2.03 | +28.68 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| JEDG.L | MOAT.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 4.77 | 0.69 | +4.07 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.28 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.67 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.36 | 0.73 | +0.62 |
Drawdowns
JEDG.L vs. MOAT.L - Drawdown Comparison
The maximum JEDG.L drawdown since its inception was -26.80%, which is greater than MOAT.L's maximum drawdown of -25.07%. Use the drawdown chart below to compare losses from any high point for JEDG.L and MOAT.L.
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Drawdown Indicators
| JEDG.L | MOAT.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.80% | -25.07% | -1.73% |
Max Drawdown (1Y)Largest decline over 1 year | -22.94% | -10.93% | -12.01% |
Max Drawdown (3Y)Largest decline over 3 years | -26.80% | -23.01% | -3.79% |
Max Drawdown (5Y)Largest decline over 5 years | — | -23.01% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -25.07% | — |
Current DrawdownCurrent decline from peak | -13.90% | -6.67% | -7.23% |
Average DrawdownAverage peak-to-trough decline | -8.86% | -4.46% | -4.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.87% | 4.62% | +2.25% |
Volatility
JEDG.L vs. MOAT.L - Volatility Comparison
VanEck Space Innovators UCITS ETF (JEDG.L) has a higher volatility of 18.94% compared to VanEck Morningstar US Sustainable Wide Moat UCITS ETF (MOAT.L) at 3.72%. This indicates that JEDG.L's price experiences larger fluctuations and is considered to be riskier than MOAT.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JEDG.L | MOAT.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.94% | 3.72% | +15.22% |
Volatility (6M)Calculated over the trailing 6-month period | 34.54% | 9.68% | +24.86% |
Volatility (1Y)Calculated over the trailing 1-year period | 44.16% | 13.50% | +30.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.12% | 15.60% | +17.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.12% | 16.94% | +16.18% |
JEDG.L vs. MOAT.L - Expense Ratio Comparison
JEDG.L has a 0.55% expense ratio, which is higher than MOAT.L's 0.49% expense ratio.
Dividends
JEDG.L vs. MOAT.L - Dividend Comparison
Neither JEDG.L nor MOAT.L has paid dividends to shareholders.
Frequently Asked Questions
JEDG.L and MOAT.L have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, MOAT.L is cheaper at 0.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.
MOAT.L is cheaper with a 0.49% expense ratio, compared with 0.55% for JEDG.L.
JEDG.L is categorized as Industrials Equities, while MOAT.L is Large Cap Blend Equities. JEDG.L tracks MSCI World/Materials NR USD, while MOAT.L tracks Russell 1000 TR USD. Their fees differ too: 0.55% for JEDG.L and 0.49% for MOAT.L.
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