N1ES.DE vs. VWCE.DE
Compare and contrast key facts about Invesco Nasdaq-100 ESG UCITS ETF Acc (N1ES.DE) and Vanguard FTSE All-World UCITS ETF (VWCE.DE).
N1ES.DE and VWCE.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. N1ES.DE is a passively managed fund by Invesco that tracks the performance of the Nasdaq 100® ESG. It was launched on Oct 25, 2021. 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. Both N1ES.DE and VWCE.DE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: N1ES.DE or VWCE.DE.
Key characteristics
| N1ES.DE | VWCE.DE | |
|---|---|---|
| YTD Return | 29.75% | 23.25% |
| 1Y Return | 38.10% | 30.54% |
| 3Y Return (Ann) | 13.25% | 8.78% |
| Sharpe Ratio | 2.09 | 2.80 |
| Sortino Ratio | 2.77 | 3.72 |
| Omega Ratio | 1.38 | 1.57 |
| Calmar Ratio | 2.57 | 3.62 |
| Martin Ratio | 8.34 | 17.62 |
| Ulcer Index | 4.32% | 1.66% |
| Daily Std Dev | 17.17% | 10.39% |
| Max Drawdown | -33.10% | -33.43% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between N1ES.DE and VWCE.DE is 0.88, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
N1ES.DE vs. VWCE.DE - Performance Comparison
In the year-to-date period, N1ES.DE achieves a 29.75% return, which is significantly higher than VWCE.DE's 23.25% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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N1ES.DE vs. VWCE.DE - Expense Ratio Comparison
N1ES.DE has a 0.25% expense ratio, which is higher than VWCE.DE's 0.22% 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%.
Risk-Adjusted Performance
N1ES.DE vs. VWCE.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Nasdaq-100 ESG UCITS ETF Acc (N1ES.DE) 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.
Dividends
N1ES.DE vs. VWCE.DE - Dividend Comparison
Neither N1ES.DE nor VWCE.DE has paid dividends to shareholders.
Drawdowns
N1ES.DE vs. VWCE.DE - Drawdown Comparison
The maximum N1ES.DE drawdown since its inception was -33.10%, roughly equal to the maximum VWCE.DE drawdown of -33.43%. Use the drawdown chart below to compare losses from any high point for N1ES.DE and VWCE.DE. For additional features, visit the drawdowns tool.
Volatility
N1ES.DE vs. VWCE.DE - Volatility Comparison
Invesco Nasdaq-100 ESG UCITS ETF Acc (N1ES.DE) has a higher volatility of 4.78% compared to Vanguard FTSE All-World UCITS ETF (VWCE.DE) at 2.91%. This indicates that N1ES.DE'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.