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PSWD.DE vs. VHGEX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

PSWD.DE vs. VHGEX - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Invesco FTSE RAFI All World 3000 UCITS ETF (PSWD.DE) and Vanguard Global Equity Fund (VHGEX). The values are adjusted to include any dividend payments, if applicable.

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PSWD.DE vs. VHGEX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
PSWD.DE
Invesco FTSE RAFI All World 3000 UCITS ETF
4.56%14.64%17.68%12.73%-3.63%31.90%-3.90%26.32%-9.60%5.60%
VHGEX
Vanguard Global Equity Fund
-4.09%6.83%20.90%19.82%-17.93%21.52%12.29%31.63%-4.89%12.09%
Different Trading Currencies

PSWD.DE is traded in EUR, while VHGEX is traded in USD. To make them comparable, the VHGEX values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, PSWD.DE achieves a 4.56% return, which is significantly higher than VHGEX's -4.09% return. Over the past 10 years, PSWD.DE has outperformed VHGEX with an annualized return of 11.15%, while VHGEX has yielded a comparatively lower 10.45% annualized return.


PSWD.DE

1D
1.74%
1M
-3.21%
YTD
4.56%
6M
10.38%
1Y
17.47%
3Y*
15.89%
5Y*
11.74%
10Y*
11.15%

VHGEX

1D
2.62%
1M
-4.79%
YTD
-4.09%
6M
-2.82%
1Y
9.48%
3Y*
11.21%
5Y*
5.98%
10Y*
10.45%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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PSWD.DE vs. VHGEX - Expense Ratio Comparison

PSWD.DE has a 0.39% expense ratio, which is lower than VHGEX's 0.45% expense ratio.


Return for Risk

PSWD.DE vs. VHGEX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PSWD.DE
PSWD.DE Risk / Return Rank: 6565
Overall Rank
PSWD.DE Sharpe Ratio Rank: 6363
Sharpe Ratio Rank
PSWD.DE Sortino Ratio Rank: 5757
Sortino Ratio Rank
PSWD.DE Omega Ratio Rank: 6464
Omega Ratio Rank
PSWD.DE Calmar Ratio Rank: 6565
Calmar Ratio Rank
PSWD.DE Martin Ratio Rank: 7878
Martin Ratio Rank

VHGEX
VHGEX Risk / Return Rank: 4848
Overall Rank
VHGEX Sharpe Ratio Rank: 4343
Sharpe Ratio Rank
VHGEX Sortino Ratio Rank: 4646
Sortino Ratio Rank
VHGEX Omega Ratio Rank: 4343
Omega Ratio Rank
VHGEX Calmar Ratio Rank: 5757
Calmar Ratio Rank
VHGEX Martin Ratio Rank: 5151
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PSWD.DE vs. VHGEX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco FTSE RAFI All World 3000 UCITS ETF (PSWD.DE) and Vanguard Global Equity Fund (VHGEX). 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.


PSWD.DEVHGEXDifference

Sharpe ratio

Return per unit of total volatility

1.17

0.48

+0.69

Sortino ratio

Return per unit of downside risk

1.54

0.80

+0.74

Omega ratio

Gain probability vs. loss probability

1.25

1.12

+0.13

Calmar ratio

Return relative to maximum drawdown

1.82

0.74

+1.08

Martin ratio

Return relative to average drawdown

9.09

2.53

+6.56

PSWD.DE vs. VHGEX - Sharpe Ratio Comparison

The current PSWD.DE Sharpe Ratio is 1.17, which is higher than the VHGEX Sharpe Ratio of 0.48. The chart below compares the historical Sharpe Ratios of PSWD.DE and VHGEX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


PSWD.DEVHGEXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.17

0.48

+0.69

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.88

0.35

+0.53

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.74

0.59

+0.15

Sharpe Ratio (All Time)

Calculated using the full available price history

0.62

0.37

+0.25

Correlation

The correlation between PSWD.DE and VHGEX is 0.57, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Dividends

PSWD.DE vs. VHGEX - Dividend Comparison

PSWD.DE's dividend yield for the trailing twelve months is around 1.95%, less than VHGEX's 13.12% yield.


TTM20252024202320222021202020192018201720162015
PSWD.DE
Invesco FTSE RAFI All World 3000 UCITS ETF
1.95%2.03%2.27%2.48%2.66%1.92%1.98%2.37%2.56%2.06%1.97%2.02%
VHGEX
Vanguard Global Equity Fund
13.12%12.38%4.24%1.15%11.32%10.90%2.88%6.20%8.45%1.29%1.51%1.71%

Drawdowns

PSWD.DE vs. VHGEX - Drawdown Comparison

The maximum PSWD.DE drawdown since its inception was -36.39%, smaller than the maximum VHGEX drawdown of -60.74%. Use the drawdown chart below to compare losses from any high point for PSWD.DE and VHGEX.


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Drawdown Indicators


PSWD.DEVHGEXDifference

Max Drawdown

Largest peak-to-trough decline

-36.39%

-64.81%

+28.42%

Max Drawdown (1Y)

Largest decline over 1 year

-13.81%

-12.10%

-1.71%

Max Drawdown (5Y)

Largest decline over 5 years

-18.19%

-33.02%

+14.83%

Max Drawdown (10Y)

Largest decline over 10 years

-36.39%

-33.23%

-3.16%

Current Drawdown

Current decline from peak

-3.51%

-8.87%

+5.36%

Average Drawdown

Average peak-to-trough decline

-4.71%

-10.00%

+5.29%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.97%

3.33%

-1.36%

Volatility

PSWD.DE vs. VHGEX - Volatility Comparison

The current volatility for Invesco FTSE RAFI All World 3000 UCITS ETF (PSWD.DE) is 4.42%, while Vanguard Global Equity Fund (VHGEX) has a volatility of 5.86%. This indicates that PSWD.DE experiences smaller price fluctuations and is considered to be less risky than VHGEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


PSWD.DEVHGEXDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.42%

5.86%

-1.44%

Volatility (6M)

Calculated over the trailing 6-month period

8.10%

11.61%

-3.51%

Volatility (1Y)

Calculated over the trailing 1-year period

14.85%

21.09%

-6.24%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.16%

17.09%

-3.93%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.29%

17.75%

-2.46%