MBB.DE vs. TSWE.AS

Last updated Jun 5, 2026

MBB.DE (MBB SE) is a stock, while TSWE.AS (VanEck Sustainable World Equal Weight UCITS ETF) is Global Equities fund tracking the MSCI ACWI NR USD. Over the past 10 years, MBB.DE returned 20.29%/yr vs 11.95%/yr for TSWE.AS. At a 0.37 correlation, their price movements are largely independent.

Performance

MBB.DE vs. TSWE.AS - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in MBB SE (MBB.DE) and VanEck Sustainable World Equal Weight UCITS ETF (TSWE.AS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MBB.DE achieves a -15.44% return, which is significantly lower than TSWE.AS's 13.44% return. Over the past 10 years, MBB.DE has outperformed TSWE.AS with an annualized return of 20.29%, while TSWE.AS has yielded a comparatively lower 11.95% annualized return.

MBB.DE

• 1D: 0.24%
• 1M: -16.65%
• YTD: -15.44%
• 6M: -6.22%
• 1Y: 19.31%
• 3Y*: 32.63%
• 5Y*: 7.76%
• 10Y*: 20.29%

TSWE.AS

• 1D: -0.05%
• 1M: 6.66%
• YTD: 13.44%
• 6M: 15.12%
• 1Y: 25.23%
• 3Y*: 17.00%
• 5Y*: 11.63%
• 10Y*: 11.95%

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

MBB.DE vs. TSWE.AS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MBB.DE MBB SE	-15.44%	111.58%	6.95%	4.00%	-31.48%	28.64%	54.09%	0.85%	-17.03%	26.70%
TSWE.AS VanEck Sustainable World Equal Weight UCITS ETF	13.44%	13.10%	17.22%	16.38%	-13.18%	29.50%	5.58%	26.46%	-5.21%	8.51%

Correlation

The correlation between MBB.DE and TSWE.AS is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.44
Correlation (3Y) Calculated over the trailing 3-year period	0.37
Correlation (5Y) Calculated over the trailing 5-year period	0.42
Correlation (10Y) Calculated over the trailing 10-year period	0.40
Correlation (All Time) Calculated using the full available price history since May 16, 2013	0.37

Return for Risk

MBB.DE vs. TSWE.AS — Risk / Return Rank

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

MBB.DE

MBB.DE Risk / Return Rank: 57
MBB.DE Sharpe Ratio Rank: 59
MBB.DE Sortino Ratio Rank: 54
MBB.DE Omega Ratio Rank: 52
MBB.DE Calmar Ratio Rank: 59
MBB.DE Martin Ratio Rank: 62

TSWE.AS

TSWE.AS Risk / Return Rank: 63
TSWE.AS Sharpe Ratio Rank: 59
TSWE.AS Sortino Ratio Rank: 64
TSWE.AS Omega Ratio Rank: 60
TSWE.AS Calmar Ratio Rank: 64
TSWE.AS Martin Ratio Rank: 67

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.

MBB.DE vs. TSWE.AS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MBB SE (MBB.DE) and VanEck Sustainable World Equal Weight UCITS ETF (TSWE.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.

	MBB.DE	TSWE.AS	Difference
Sharpe ratio: Return per unit of total volatility	0.51	1.96	-1.44
Sortino ratio: Return per unit of downside risk	0.98	2.91	-1.93
Omega ratio: Gain probability vs. loss probability	1.12	1.36	-0.25
Calmar ratio: Return relative to maximum drawdown	0.80	3.12	-2.33
Martin ratio: Return relative to average drawdown	2.11	12.24	-10.13
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MBB.DE vs. TSWE.AS - Sharpe Ratio Comparison

The current MBB.DE Sharpe Ratio is 0.51, which is lower than the TSWE.AS Sharpe Ratio of 1.96. The chart below compares the historical Sharpe Ratios of MBB.DE and TSWE.AS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	MBB.DE	TSWE.AS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.51	1.96	-1.44
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.24	0.84	-0.60
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.54	0.79	-0.25
Sharpe Ratio (All Time) Calculated using the full available price history	0.43	0.73	-0.30

Drawdowns

MBB.DE vs. TSWE.AS - Drawdown Comparison

The maximum MBB.DE drawdown since its inception was -67.31%, which is greater than TSWE.AS's maximum drawdown of -33.67%. Use the drawdown chart below to compare losses from any high point for MBB.DE and TSWE.AS.

Drawdown Indicators

	MBB.DE	TSWE.AS	Difference
Max Drawdown Largest peak-to-trough decline	-67.31%	-33.67%	-33.64%
Max Drawdown (1Y) Largest decline over 1 year	-24.11%	-7.97%	-16.14%
Max Drawdown (3Y) Largest decline over 3 years	-24.11%	-19.53%	-4.58%
Max Drawdown (5Y) Largest decline over 5 years	-47.65%	-19.53%	-28.12%
Max Drawdown (10Y) Largest decline over 10 years	-62.63%	-33.67%	-28.96%
Current Drawdown Current decline from peak	-22.05%	-0.24%	-21.81%
Average Drawdown Average peak-to-trough decline	-22.79%	-4.82%	-17.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.11%	2.05%	+7.06%

Volatility

MBB.DE vs. TSWE.AS - Volatility Comparison

MBB SE (MBB.DE) has a higher volatility of 12.14% compared to VanEck Sustainable World Equal Weight UCITS ETF (TSWE.AS) at 3.17%. This indicates that MBB.DE's price experiences larger fluctuations and is considered to be riskier than TSWE.AS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MBB.DE	TSWE.AS	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.14%	3.17%	+8.97%
Volatility (6M) Calculated over the trailing 6-month period	28.22%	9.93%	+18.29%
Volatility (1Y) Calculated over the trailing 1-year period	37.65%	12.75%	+24.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	31.91%	13.65%	+18.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.38%	14.93%	+22.45%

Dividends

MBB.DE vs. TSWE.AS - Dividend Comparison

MBB.DE's dividend yield for the trailing twelve months is around 2.62%, more than TSWE.AS's 1.83% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MBB.DE MBB SE	2.62%	1.61%	1.01%	1.06%	3.24%	1.28%	0.65%	0.97%	1.85%	1.40%	0.85%	2.12%
TSWE.AS VanEck Sustainable World Equal Weight UCITS ETF	1.83%	1.94%	2.18%	2.23%	2.38%	1.64%	1.88%	2.34%	2.45%	2.09%	1.85%	1.87%

Frequently Asked Questions

Can I hold both MBB.DE and TSWE.AS in my portfolio?

MBB.DE and TSWE.AS have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.