PPFB.DE vs. TDIV.AS
PPFB.DE (iShares Physical Gold ETC) and TDIV.AS (VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF) are both exchange-traded funds - PPFB.DE is a Precious Metals fund tracking the Gold, while TDIV.AS is a Global Equity Income fund tracking the Morningstar Developed Markets Large Cap Dividend Leaders Screened Select Index. Both are passively managed. Over the past 3 years, PPFB.DE returned 28.05%/yr vs 20.14%/yr for TDIV.AS. At a 0.10 correlation, their price movements are largely independent. PPFB.DE charges 0.12%/yr vs 0.38%/yr for TDIV.AS.
Performance
PPFB.DE vs. TDIV.AS - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PPFB.DE achieves a 2.74% return, which is significantly lower than TDIV.AS's 11.72% return.
PPFB.DE
- 1D
- 0.61%
- 1M
- -4.13%
- YTD
- 2.74%
- 6M
- 5.47%
- 1Y
- 29.94%
- 3Y*
- 28.05%
- 5Y*
- —
- 10Y*
- —
TDIV.AS
- 1D
- 0.36%
- 1M
- 1.77%
- YTD
- 11.72%
- 6M
- 13.92%
- 1Y
- 28.07%
- 3Y*
- 20.14%
- 5Y*
- 17.83%
- 10Y*
- 12.48%
PPFB.DE vs. TDIV.AS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
PPFB.DE iShares Physical Gold ETC | 2.74% | 49.11% | 34.17% | 9.42% | 7.03% | 2.86% |
TDIV.AS VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF | 11.72% | 24.39% | 15.90% | 11.75% | 15.40% | 9.47% |
Correlation
The correlation between PPFB.DE and TDIV.AS is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.14 |
Correlation (All Time) Calculated using the full available price history since Jul 16, 2021 | 0.10 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
PPFB.DE vs. TDIV.AS — Risk / Return Rank
PPFB.DE
TDIV.AS
PPFB.DE vs. TDIV.AS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Physical Gold ETC (PPFB.DE) and VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF (TDIV.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.
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.
| PPFB.DE | TDIV.AS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.71 | ||
| Sortino ratioReturn per unit of downside risk | -2.54 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.55 | -0.30 |
| Calmar ratioReturn relative to maximum drawdown | 1.81 | 7.82 | -6.00 |
| Martin ratioReturn relative to average drawdown | 4.60 | 22.20 | -17.60 |
Loading charts...
Drawdowns
PPFB.DE vs. TDIV.AS - Drawdown Comparison
The maximum PPFB.DE drawdown since its inception was -16.60%, smaller than the maximum TDIV.AS drawdown of -36.10%. Use the drawdown chart below to compare losses from any high point for PPFB.DE and TDIV.AS.
Loading charts...
Drawdown Indicators
| PPFB.DE | TDIV.AS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.60% | -36.10% | +19.50% |
Max Drawdown (1Y)Largest decline over 1 year | -16.60% | -3.51% | -13.09% |
Max Drawdown (3Y)Largest decline over 3 years | -16.60% | -15.88% | -0.72% |
Max Drawdown (5Y)Largest decline over 5 years | — | -15.88% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -36.10% | — |
Current DrawdownCurrent decline from peak | -15.00% | -0.36% | -14.64% |
Average DrawdownAverage peak-to-trough decline | -4.42% | -3.97% | -0.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.55% | 1.22% | +5.33% |
Volatility
PPFB.DE vs. TDIV.AS - Volatility Comparison
iShares Physical Gold ETC (PPFB.DE) has a higher volatility of 5.11% compared to VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF (TDIV.AS) at 2.29%. This indicates that PPFB.DE's price experiences larger fluctuations and is considered to be riskier than TDIV.AS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| PPFB.DE | TDIV.AS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.11% | 2.29% | +2.82% |
Volatility (6M)Calculated over the trailing 6-month period | 20.18% | 6.74% | +13.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.12% | 9.12% | +14.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.13% | 13.12% | +3.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.13% | 14.70% | +1.43% |
PPFB.DE vs. TDIV.AS - Expense Ratio Comparison
PPFB.DE has a 0.12% expense ratio, which is lower than TDIV.AS's 0.38% expense ratio.
Dividends
PPFB.DE vs. TDIV.AS - Dividend Comparison
PPFB.DE has not paid dividends to shareholders, while TDIV.AS's dividend yield for the trailing twelve months is around 3.14%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
PPFB.DE iShares Physical Gold ETC | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TDIV.AS VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF | 3.14% | 3.58% | 4.19% | 4.98% | 4.58% | 3.98% | 4.12% | 4.40% | 4.93% | 3.95% | 1.11% |
Frequently Asked Questions
PPFB.DE and TDIV.AS have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, PPFB.DE is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
PPFB.DE is cheaper with a 0.12% expense ratio, compared with 0.38% for TDIV.AS.
PPFB.DE is categorized as Precious Metals, while TDIV.AS is Global Equity Income. PPFB.DE tracks Gold, while TDIV.AS tracks Morningstar Developed Markets Large Cap Dividend Leaders Screened Select Index. They also come from different issuers: iShares and VanEck. Their fees differ too: 0.12% for PPFB.DE and 0.38% for TDIV.AS.
Find the right allocation for PPFB.DE and TDIV.AS
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer