MVEW.DE vs. GERD.DE
MVEW.DE (iShares Edge MSCI World Minimum Volatility ESG UCITS ETF (Acc)) and GERD.DE (L&G Gerd Kommer Multifactor Equity UCITS ETF USD Acc) are both Global Equities funds - MVEW.DE tracks the MSCI ACWI NR USD while GERD.DE tracks the Solactive Gerd Kommer Multifactor Equity. Both are passively managed. Over the past year, MVEW.DE returned 0.94% vs 25.96% for GERD.DE. A 0.55 correlation means they provide meaningful diversification when combined. MVEW.DE charges 0.30%/yr vs 0.50%/yr for GERD.DE.
Performance
MVEW.DE vs. GERD.DE - Performance Comparison
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Returns By Period
In the year-to-date period, MVEW.DE achieves a 1.17% return, which is significantly lower than GERD.DE's 14.41% return.
MVEW.DE
- 1D
- 0.07%
- 1M
- 2.04%
- YTD
- 1.17%
- 6M
- 1.03%
- 1Y
- 0.94%
- 3Y*
- 6.53%
- 5Y*
- 6.47%
- 10Y*
- —
GERD.DE
- 1D
- -0.18%
- 1M
- 4.16%
- YTD
- 14.41%
- 6M
- 16.30%
- 1Y
- 25.96%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
MVEW.DE vs. GERD.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
MVEW.DE iShares Edge MSCI World Minimum Volatility ESG UCITS ETF (Acc) | 1.17% | -0.99% | 17.25% | 4.28% |
GERD.DE L&G Gerd Kommer Multifactor Equity UCITS ETF USD Acc | 14.41% | 10.26% | 18.54% | 7.85% |
Correlation
The correlation between MVEW.DE and GERD.DE is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since Jun 22, 2023 | 0.55 |
Over the past year, the correlation between MVEW.DE and GERD.DE has dropped to 0.34 - well below their long-term average of 0.55, suggesting their price drivers have been diverging.
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Return for Risk
MVEW.DE vs. GERD.DE — Risk / Return Rank
MVEW.DE
GERD.DE
MVEW.DE vs. GERD.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI World Minimum Volatility ESG UCITS ETF (Acc) (MVEW.DE) and L&G Gerd Kommer Multifactor Equity UCITS ETF USD Acc (GERD.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.
| MVEW.DE | GERD.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.12 | ||
| Sortino ratioReturn per unit of downside risk | -2.82 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 1.39 | -0.38 |
| Calmar ratioReturn relative to maximum drawdown | 0.10 | 3.92 | -3.83 |
| Martin ratioReturn relative to average drawdown | 0.20 | 15.42 | -15.21 |
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
| MVEW.DE | GERD.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.06 | 2.18 | -2.12 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.62 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.63 | 1.35 | -0.72 |
Drawdowns
MVEW.DE vs. GERD.DE - Drawdown Comparison
The maximum MVEW.DE drawdown since its inception was -13.19%, smaller than the maximum GERD.DE drawdown of -19.22%. Use the drawdown chart below to compare losses from any high point for MVEW.DE and GERD.DE.
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Drawdown Indicators
| MVEW.DE | GERD.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.19% | -19.22% | +6.03% |
Max Drawdown (1Y)Largest decline over 1 year | -4.68% | -6.61% | +1.93% |
Max Drawdown (3Y)Largest decline over 3 years | -13.19% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -13.19% | — | — |
Current DrawdownCurrent decline from peak | -5.75% | -0.19% | -5.56% |
Average DrawdownAverage peak-to-trough decline | -3.83% | -2.24% | -1.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.27% | 1.69% | +0.58% |
Volatility
MVEW.DE vs. GERD.DE - Volatility Comparison
The current volatility for iShares Edge MSCI World Minimum Volatility ESG UCITS ETF (Acc) (MVEW.DE) is 2.58%, while L&G Gerd Kommer Multifactor Equity UCITS ETF USD Acc (GERD.DE) has a volatility of 3.18%. This indicates that MVEW.DE experiences smaller price fluctuations and is considered to be less risky than GERD.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MVEW.DE | GERD.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.58% | 3.18% | -0.60% |
Volatility (6M)Calculated over the trailing 6-month period | 5.42% | 8.49% | -3.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.97% | 11.92% | -3.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.25% | 12.95% | -2.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.82% | 12.95% | -2.13% |
MVEW.DE vs. GERD.DE - Expense Ratio Comparison
MVEW.DE has a 0.30% expense ratio, which is lower than GERD.DE's 0.50% expense ratio.
Dividends
MVEW.DE vs. GERD.DE - Dividend Comparison
Neither MVEW.DE nor GERD.DE has paid dividends to shareholders.
Frequently Asked Questions
MVEW.DE and GERD.DE have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, MVEW.DE is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.
MVEW.DE is cheaper with a 0.30% expense ratio, compared with 0.50% for GERD.DE.
MVEW.DE tracks MSCI ACWI NR USD, while GERD.DE tracks Solactive Gerd Kommer Multifactor Equity. They also come from different issuers: iShares and LGIM Managers (Europe) Limited. Their fees differ too: 0.30% for MVEW.DE and 0.50% for GERD.DE.
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