TDGB.L vs. LYYA.DE
TDGB.L (VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF) and LYYA.DE (Amundi MSCI World II UCITS ETF Dist) are both Global Equities funds - TDGB.L tracks the Morningstar Developed Markets Large Cap Dividend Leaders Screened Select Index while LYYA.DE tracks the MSCI World. Both are passively managed. Over the past 10 years, TDGB.L returned 10.61%/yr vs 13.92%/yr for LYYA.DE. A 0.62 correlation means they provide meaningful diversification when combined. TDGB.L charges 0.38%/yr vs 0.30%/yr for LYYA.DE.
Performance
TDGB.L vs. LYYA.DE - Performance Comparison
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Different Trading Currencies
TDGB.L is traded in GBP, while LYYA.DE is traded in EUR. To make them comparable, the LYYA.DE values have been converted to GBP using the latest available exchange rates.
Returns By Period
In the year-to-date period, TDGB.L achieves a 10.34% return, which is significantly higher than LYYA.DE's 8.76% return. Over the past 10 years, TDGB.L has underperformed LYYA.DE with an annualized return of 10.61%, while LYYA.DE has yielded a comparatively higher 13.92% annualized return.
TDGB.L
- 1D
- 0.29%
- 1M
- 2.00%
- YTD
- 10.34%
- 6M
- 11.70%
- 1Y
- 29.39%
- 3Y*
- 20.39%
- 5Y*
- 17.98%
- 10Y*
- 10.61%
LYYA.DE
- 1D
- 1.66%
- 1M
- 1.67%
- YTD
- 8.76%
- 6M
- 9.47%
- 1Y
- 25.20%
- 3Y*
- 17.11%
- 5Y*
- 12.62%
- 10Y*
- 13.92%
TDGB.L vs. LYYA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TDGB.L VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF | 10.34% | 30.90% | 10.66% | 9.04% | 22.49% | 19.59% | -5.61% | 3.88% | -7.98% | 2.87% |
LYYA.DE Amundi MSCI World II UCITS ETF Dist | 8.76% | 13.49% | 20.53% | 17.83% | -8.94% | 23.45% | 11.45% | 24.31% | -3.72% | 12.34% |
Correlation
The correlation between TDGB.L and LYYA.DE is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.40 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.48 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.56 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.62 |
Correlation (All Time) Calculated using the full available price history since May 23, 2016 | 0.62 |
Over the past year, the correlation between TDGB.L and LYYA.DE has dropped to 0.40 - well below their long-term average of 0.62, suggesting their price drivers have been diverging.
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Return for Risk
TDGB.L vs. LYYA.DE — Risk / Return Rank
TDGB.L
LYYA.DE
TDGB.L vs. LYYA.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF (TDGB.L) and Amundi MSCI World II UCITS ETF Dist (LYYA.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.
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.
| TDGB.L | LYYA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.84 | ||
| Sortino ratioReturn per unit of downside risk | +1.17 | ||
| Omega ratioGain probability vs. loss probability | 1.59 | 1.43 | +0.16 |
| Calmar ratioReturn relative to maximum drawdown | 6.28 | 3.84 | +2.44 |
| Martin ratioReturn relative to average drawdown | 20.78 | 15.04 | +5.74 |
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Drawdowns
TDGB.L vs. LYYA.DE - Drawdown Comparison
The maximum TDGB.L drawdown since its inception was -32.94%, smaller than the maximum LYYA.DE drawdown of -39.15%. Use the drawdown chart below to compare losses from any high point for TDGB.L and LYYA.DE.
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Drawdown Indicators
| TDGB.L | LYYA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.94% | -39.15% | +6.21% |
Max Drawdown (1Y)Largest decline over 1 year | -4.66% | -6.54% | +1.88% |
Max Drawdown (3Y)Largest decline over 3 years | -12.42% | -19.70% | +7.28% |
Max Drawdown (5Y)Largest decline over 5 years | -12.42% | -19.70% | +7.28% |
Max Drawdown (10Y)Largest decline over 10 years | -32.94% | -26.51% | -6.43% |
Current DrawdownCurrent decline from peak | -0.18% | -1.27% | +1.09% |
Average DrawdownAverage peak-to-trough decline | -4.93% | -5.25% | +0.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.41% | 1.67% | -0.26% |
Volatility
TDGB.L vs. LYYA.DE - Volatility Comparison
The current volatility for VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF (TDGB.L) is 2.06%, while Amundi MSCI World II UCITS ETF Dist (LYYA.DE) has a volatility of 3.15%. This indicates that TDGB.L experiences smaller price fluctuations and is considered to be less risky than LYYA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TDGB.L | LYYA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.06% | 3.15% | -1.09% |
Volatility (6M)Calculated over the trailing 6-month period | 7.06% | 7.94% | -0.88% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.31% | 10.90% | -1.59% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.44% | 13.75% | -2.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.76% | 14.89% | -1.13% |
TDGB.L vs. LYYA.DE - Expense Ratio Comparison
TDGB.L has a 0.38% expense ratio, which is higher than LYYA.DE's 0.30% expense ratio.
Dividends
TDGB.L vs. LYYA.DE - Dividend Comparison
TDGB.L's dividend yield for the trailing twelve months is around 3.16%, more than LYYA.DE's 1.14% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LYYA.DE Amundi MSCI World II UCITS ETF Dist | 1.14% | 1.26% | 1.63% | 1.35% | 1.95% | 1.31% | 1.58% | 1.49% | 2.36% | 2.05% | 2.33% | 2.55% |
TDGB.L VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF | 3.16% | 3.50% | 4.26% | 4.93% | 4.40% | 4.06% | 4.16% | 4.52% | 4.38% | 3.48% | 0.00% | 0.00% |
Frequently Asked Questions
TDGB.L and LYYA.DE have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, LYYA.DE is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.
LYYA.DE is cheaper with a 0.30% expense ratio, compared with 0.38% for TDGB.L.
TDGB.L tracks Morningstar Developed Markets Large Cap Dividend Leaders Screened Select Index, while LYYA.DE tracks MSCI World. They also come from different issuers: VanEck and Amundi. Their fees differ too: 0.38% for TDGB.L and 0.30% for LYYA.DE.
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