MVR.AX vs. CORE.AX
MVR.AX (VanEck Australian Resources ETF) and CORE.AX (Schroder Global Core Fund - Active ETF) are both Global Equities funds. MVR.AX is passively managed, while CORE.AX is actively managed. Over the past year, MVR.AX returned 32.17% vs 15.14% for CORE.AX. At a 0.13 correlation, their price movements are largely independent.
Performance
MVR.AX vs. CORE.AX - Performance Comparison
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Returns By Period
In the year-to-date period, MVR.AX achieves a 2.12% return, which is significantly lower than CORE.AX's 4.95% return.
MVR.AX
- 1D
- -1.18%
- 1M
- -9.32%
- 6M
- -1.96%
- YTD
- 2.12%
- 1Y
- 32.17%
- 3Y*
- 7.50%
- 5Y*
- 10.21%
- 10Y*
- 13.27%
CORE.AX
- 1D
- -0.25%
- 1M
- 0.93%
- 6M
- 4.67%
- YTD
- 4.95%
- 1Y
- 15.14%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
MVR.AX vs. CORE.AX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
MVR.AX VanEck Australian Resources ETF | 2.12% | 34.98% |
CORE.AX Schroder Global Core Fund - Active ETF | 4.95% | 12.78% |
Correlation
The correlation between MVR.AX and CORE.AX is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since Jun 4, 2025 | 0.13 |
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Return for Risk
MVR.AX vs. CORE.AX — Risk / Return Rank
MVR.AX
CORE.AX
MVR.AX vs. CORE.AX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Australian Resources ETF (MVR.AX) and Schroder Global Core Fund - Active ETF (CORE.AX). 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.
| MVR.AX | CORE.AX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.03 | ||
| Sortino ratioReturn per unit of downside risk | -0.08 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.28 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 2.22 | 1.68 | +0.54 |
| Martin ratioReturn relative to average drawdown | 6.81 | 4.54 | +2.27 |
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Drawdowns
MVR.AX vs. CORE.AX - Drawdown Comparison
The maximum MVR.AX drawdown since its inception was -38.96%, which is greater than CORE.AX's maximum drawdown of -10.20%. Use the drawdown chart below to compare losses from any high point for MVR.AX and CORE.AX.
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Drawdown Indicators
| MVR.AX | CORE.AX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.96% | -10.20% | -28.76% |
Max Drawdown (1Y)Largest decline over 1 year | -14.54% | -10.20% | -4.34% |
Max Drawdown (3Y)Largest decline over 3 years | -22.78% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -22.78% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -38.96% | — | — |
Current DrawdownCurrent decline from peak | -11.81% | -1.34% | -10.47% |
Average DrawdownAverage peak-to-trough decline | -7.61% | -2.60% | -5.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.77% | — | — |
Volatility
MVR.AX vs. CORE.AX - Volatility Comparison
VanEck Australian Resources ETF (MVR.AX) has a higher volatility of 6.01% compared to Schroder Global Core Fund - Active ETF (CORE.AX) at 2.12%. This indicates that MVR.AX's price experiences larger fluctuations and is considered to be riskier than CORE.AX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MVR.AX | CORE.AX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.01% | 2.12% | +3.89% |
Volatility (6M)Calculated over the trailing 6-month period | 18.70% | 7.39% | +11.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.83% | 12.44% | +10.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.21% | 12.50% | +8.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.86% | 12.50% | +8.36% |
Dividends
MVR.AX vs. CORE.AX - Dividend Comparison
MVR.AX's dividend yield for the trailing twelve months is around 1.26%, more than CORE.AX's 0.68% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CORE.AX Schroder Global Core Fund - Active ETF | 0.68% | 0.55% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MVR.AX VanEck Australian Resources ETF | 1.26% | 2.86% | 3.19% | 2.55% | 3.82% | 5.27% | 6.18% | 4.25% | 0.77% | 2.03% | 3.12% | 1.91% |
Frequently Asked Questions
MVR.AX and CORE.AX have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
They also come from different issuers: VanEck and Schroder.
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