MANTA.HE vs. VWCE.DE

Last updated Apr 2, 2026

Compare and contrast key facts about Mandatum Oyj (MANTA.HE) and Vanguard FTSE All-World UCITS ETF (VWCE.DE).

VWCE.DE is a passively managed fund by Vanguard that tracks the performance of the FTSE All-World Index. It was launched on Jul 23, 2019.

Performance

MANTA.HE vs. VWCE.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Mandatum Oyj (MANTA.HE) and Vanguard FTSE All-World UCITS ETF (VWCE.DE). The values are adjusted to include any dividend payments, if applicable.

MANTA.HE vs. VWCE.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
MANTA.HE Mandatum Oyj	2.53%	72.99%	18.55%	11.16%
VWCE.DE Vanguard FTSE All-World UCITS ETF	-0.47%	9.16%	24.41%	5.98%

Returns By Period

In the year-to-date period, MANTA.HE achieves a 2.53% return, which is significantly higher than VWCE.DE's -0.47% return.

MANTA.HE

• 1D: 2.56%
• 1M: 2.59%
• YTD: 2.53%
• 6M: 23.69%
• 1Y: 40.14%
• 3Y*: —
• 5Y*: —
• 10Y*: —

VWCE.DE

• 1D: -0.11%
• 1M: -1.99%
• YTD: -0.47%
• 6M: 2.61%
• 1Y: 13.70%
• 3Y*: 14.86%
• 5Y*: 9.97%
• 10Y*: —

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

Return for Risk

MANTA.HE vs. VWCE.DE — Risk / Return Rank

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

MANTA.HE

MANTA.HE Risk / Return Rank: 86
MANTA.HE Sharpe Ratio Rank: 86
MANTA.HE Sortino Ratio Rank: 82
MANTA.HE Omega Ratio Rank: 84
MANTA.HE Calmar Ratio Rank: 90
MANTA.HE Martin Ratio Rank: 87

VWCE.DE

VWCE.DE Risk / Return Rank: 60
VWCE.DE Sharpe Ratio Rank: 43
VWCE.DE Sortino Ratio Rank: 40
VWCE.DE Omega Ratio Rank: 44
VWCE.DE Calmar Ratio Rank: 85
VWCE.DE Martin Ratio Rank: 87

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.

MANTA.HE vs. VWCE.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Mandatum Oyj (MANTA.HE) and Vanguard FTSE All-World UCITS ETF (VWCE.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.

	MANTA.HE	VWCE.DE	Difference
Sharpe ratio Return per unit of total volatility	1.66	0.86	+0.80
Sortino ratio Return per unit of downside risk	2.23	1.23	+1.00
Omega ratio Gain probability vs. loss probability	1.33	1.19	+0.14
Calmar ratio Return relative to maximum drawdown	4.06	2.95	+1.11
Martin ratio Return relative to average drawdown	9.40	11.73	-2.33
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MANTA.HE vs. VWCE.DE - Sharpe Ratio Comparison

The current MANTA.HE Sharpe Ratio is 1.66, which is higher than the VWCE.DE Sharpe Ratio of 0.86. The chart below compares the historical Sharpe Ratios of MANTA.HE and VWCE.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

	MANTA.HE	VWCE.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.66	0.86	+0.80
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.72	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.66	0.68	+0.98

Correlation

The correlation between MANTA.HE and VWCE.DE is 0.36, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

MANTA.HE vs. VWCE.DE - Dividend Comparison

MANTA.HE's dividend yield for the trailing twelve months is around 9.35%, while VWCE.DE has not paid dividends to shareholders.

	TTM	2025	2024
MANTA.HE Mandatum Oyj	9.35%	9.59%	7.37%
VWCE.DE Vanguard FTSE All-World UCITS ETF	0.00%	0.00%	0.00%

Drawdowns

MANTA.HE vs. VWCE.DE - Drawdown Comparison

The maximum MANTA.HE drawdown since its inception was -10.48%, smaller than the maximum VWCE.DE drawdown of -33.43%. Use the drawdown chart below to compare losses from any high point for MANTA.HE and VWCE.DE.

Drawdown Indicators

	MANTA.HE	VWCE.DE	Difference
Max Drawdown Largest peak-to-trough decline	-10.48%	-33.43%	+22.95%
Max Drawdown (1Y) Largest decline over 1 year	-10.21%	-8.90%	-1.31%
Max Drawdown (5Y) Largest decline over 5 years	—	-21.07%	—
Current Drawdown Current decline from peak	-4.18%	-4.06%	-0.12%
Average Drawdown Average peak-to-trough decline	-3.05%	-4.80%	+1.75%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.42%	1.65%	+2.77%

Volatility

MANTA.HE vs. VWCE.DE - Volatility Comparison

Mandatum Oyj (MANTA.HE) has a higher volatility of 6.30% compared to Vanguard FTSE All-World UCITS ETF (VWCE.DE) at 4.40%. This indicates that MANTA.HE's price experiences larger fluctuations and is considered to be riskier than VWCE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MANTA.HE	VWCE.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.30%	4.40%	+1.90%
Volatility (6M) Calculated over the trailing 6-month period	18.48%	8.53%	+9.95%
Volatility (1Y) Calculated over the trailing 1-year period	24.43%	15.78%	+8.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.65%	13.72%	+10.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.65%	16.25%	+8.40%