MVEE.DE vs. VWCG.DE
MVEE.DE (iShares Edge MSCI Europe Minimum Volatility ESG UCITS ETF (Acc)) and VWCG.DE (Vanguard FTSE Developed Europe UCITS ETF (EUR) Accumulating) are both Europe Equities funds - MVEE.DE tracks the MSCI Europe NR EUR while VWCG.DE tracks the FTSE Developed Europe. Both are passively managed. Over the past 5 years, MVEE.DE returned 6.17%/yr vs 10.23%/yr for VWCG.DE. Their correlation of 0.88 suggests significant overlap in exposure. MVEE.DE charges 0.25%/yr vs 0.10%/yr for VWCG.DE.
Performance
MVEE.DE vs. VWCG.DE - Performance Comparison
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Returns By Period
In the year-to-date period, MVEE.DE achieves a 8.14% return, which is significantly lower than VWCG.DE's 10.13% return.
MVEE.DE
- 1D
- 0.92%
- 1M
- 1.27%
- YTD
- 8.14%
- 6M
- 8.67%
- 1Y
- 11.72%
- 3Y*
- 10.33%
- 5Y*
- 6.17%
- 10Y*
- —
VWCG.DE
- 1D
- 0.58%
- 1M
- 2.24%
- YTD
- 10.13%
- 6M
- 10.87%
- 1Y
- 22.51%
- 3Y*
- 15.60%
- 5Y*
- 10.23%
- 10Y*
- —
MVEE.DE vs. VWCG.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
MVEE.DE iShares Edge MSCI Europe Minimum Volatility ESG UCITS ETF (Acc) | 8.14% | 8.71% | 8.75% | 12.46% | -15.04% | 23.79% | 13.95% |
VWCG.DE Vanguard FTSE Developed Europe UCITS ETF (EUR) Accumulating | 10.13% | 20.44% | 8.96% | 16.07% | -9.83% | 24.91% | 25.17% |
Correlation
The correlation between MVEE.DE and VWCG.DE is 0.66, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.66 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.82 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.87 |
Correlation (All Time) Calculated using the full available price history since Apr 17, 2020 | 0.88 |
Over the past year, the correlation between MVEE.DE and VWCG.DE has dropped to 0.66 - well below their long-term average of 0.88, suggesting their price drivers have been diverging.
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Return for Risk
MVEE.DE vs. VWCG.DE — Risk / Return Rank
MVEE.DE
VWCG.DE
MVEE.DE vs. VWCG.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI Europe Minimum Volatility ESG UCITS ETF (Acc) (MVEE.DE) and Vanguard FTSE Developed Europe UCITS ETF (EUR) Accumulating (VWCG.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| MVEE.DE | VWCG.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.55 | ||
| Sortino ratioReturn per unit of downside risk | -0.78 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.33 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 1.58 | 2.34 | -0.76 |
| Martin ratioReturn relative to average drawdown | 5.45 | 9.02 | -3.57 |
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Drawdowns
MVEE.DE vs. VWCG.DE - Drawdown Comparison
The maximum MVEE.DE drawdown since its inception was -20.19%, smaller than the maximum VWCG.DE drawdown of -35.70%. Use the drawdown chart below to compare losses from any high point for MVEE.DE and VWCG.DE.
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Drawdown Indicators
| MVEE.DE | VWCG.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.19% | -35.70% | +15.51% |
Max Drawdown (1Y)Largest decline over 1 year | -7.40% | -9.58% | +2.18% |
Max Drawdown (3Y)Largest decline over 3 years | -12.19% | -16.07% | +3.88% |
Max Drawdown (5Y)Largest decline over 5 years | -20.19% | -20.09% | -0.10% |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -4.50% | -4.96% | +0.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.15% | 2.49% | -0.34% |
Volatility
MVEE.DE vs. VWCG.DE - Volatility Comparison
The current volatility for iShares Edge MSCI Europe Minimum Volatility ESG UCITS ETF (Acc) (MVEE.DE) is 2.19%, while Vanguard FTSE Developed Europe UCITS ETF (EUR) Accumulating (VWCG.DE) has a volatility of 2.82%. This indicates that MVEE.DE experiences smaller price fluctuations and is considered to be less risky than VWCG.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MVEE.DE | VWCG.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.19% | 2.82% | -0.63% |
Volatility (6M)Calculated over the trailing 6-month period | 8.16% | 10.76% | -2.60% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.93% | 12.95% | -3.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.08% | 14.29% | -2.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.47% | 16.81% | -4.34% |
MVEE.DE vs. VWCG.DE - Expense Ratio Comparison
MVEE.DE has a 0.25% expense ratio, which is higher than VWCG.DE's 0.10% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
MVEE.DE vs. VWCG.DE - Dividend Comparison
Neither MVEE.DE nor VWCG.DE has paid dividends to shareholders.
Frequently Asked Questions
MVEE.DE and VWCG.DE have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VWCG.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VWCG.DE is cheaper with a 0.10% expense ratio, compared with 0.25% for MVEE.DE.
MVEE.DE tracks MSCI Europe NR EUR, while VWCG.DE tracks FTSE Developed Europe. They also come from different issuers: iShares and Vanguard. Their fees differ too: 0.25% for MVEE.DE and 0.10% for VWCG.DE.
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