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TDIV.AS vs. CHDVD.SW
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

TDIV.AS vs. CHDVD.SW - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF (TDIV.AS) and iShares Swiss Dividend ETF (CH) (CHDVD.SW). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

TDIV.AS is traded in EUR, while CHDVD.SW is traded in CHF. To make them comparable, the CHDVD.SW values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, TDIV.AS achieves a 11.72% return, which is significantly higher than CHDVD.SW's 5.46% return. Both investments have delivered pretty close results over the past 10 years, with TDIV.AS having a 12.48% annualized return and CHDVD.SW not far behind at 12.07%.


TDIV.AS

1D
0.36%
1M
2.53%
YTD
11.72%
6M
13.92%
1Y
27.83%
3Y*
20.14%
5Y*
17.83%
10Y*
12.48%

CHDVD.SW

1D
0.88%
1M
1.80%
YTD
5.46%
6M
9.12%
1Y
14.02%
3Y*
13.04%
5Y*
10.57%
10Y*
12.07%
*Multi-year figures are annualized to reflect compound growth (CAGR)

TDIV.AS vs. CHDVD.SW - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
TDIV.AS
VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF
11.72%24.39%15.90%11.75%15.40%27.83%-10.16%20.97%-7.12%2.88%
CHDVD.SW
iShares Swiss Dividend ETF (CH)
5.46%20.19%6.82%16.79%-7.23%29.71%4.34%37.85%-1.47%6.55%

Correlation

The correlation between TDIV.AS and CHDVD.SW is 0.57, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.57

Correlation (3Y)
Calculated over the trailing 3-year period

0.51

Correlation (5Y)
Calculated over the trailing 5-year period

0.52

Correlation (10Y)
Calculated over the trailing 10-year period

0.61

Correlation (All Time)
Calculated using the full available price history since May 23, 2016

0.61

The correlation between TDIV.AS and CHDVD.SW shifts across timeframes, from 0.51 (3 years) to 0.61 (all time), reflecting how their relationship changes across market environments.

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Return for Risk

TDIV.AS vs. CHDVD.SW — Risk / Return Rank

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

TDIV.AS
TDIV.AS Risk / Return Rank: 9494
Overall Rank
TDIV.AS Sharpe Ratio Rank: 9393
Sharpe Ratio Rank
TDIV.AS Sortino Ratio Rank: 9494
Sortino Ratio Rank
TDIV.AS Omega Ratio Rank: 9292
Omega Ratio Rank
TDIV.AS Calmar Ratio Rank: 9696
Calmar Ratio Rank
TDIV.AS Martin Ratio Rank: 9393
Martin Ratio Rank

CHDVD.SW
CHDVD.SW Risk / Return Rank: 3232
Overall Rank
CHDVD.SW Sharpe Ratio Rank: 3232
Sharpe Ratio Rank
CHDVD.SW Sortino Ratio Rank: 3131
Sortino Ratio Rank
CHDVD.SW Omega Ratio Rank: 3131
Omega Ratio Rank
CHDVD.SW Calmar Ratio Rank: 3030
Calmar Ratio Rank
CHDVD.SW Martin Ratio Rank: 3434
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.

TDIV.AS vs. CHDVD.SW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF (TDIV.AS) and iShares Swiss Dividend ETF (CH) (CHDVD.SW). 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.


TDIV.ASCHDVD.SWDifference
Sharpe ratioReturn per unit of total volatility

+1.90

Sortino ratioReturn per unit of downside risk

+2.65

Omega ratioGain probability vs. loss probability

1.55

1.20

+0.35

Calmar ratioReturn relative to maximum drawdown

7.82

1.50

+6.32

Martin ratioReturn relative to average drawdown

22.20

4.78

+17.42

TDIV.AS vs. CHDVD.SW - Sharpe Ratio Comparison

The current TDIV.AS Sharpe Ratio is 3.01, which is higher than the CHDVD.SW Sharpe Ratio of 1.12. The chart below compares the historical Sharpe Ratios of TDIV.AS and CHDVD.SW, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

TDIV.AS vs. CHDVD.SW - Drawdown Comparison

The maximum TDIV.AS drawdown since its inception was -36.10%, which is greater than CHDVD.SW's maximum drawdown of -29.74%. Use the drawdown chart below to compare losses from any high point for TDIV.AS and CHDVD.SW.


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Drawdown Indicators


TDIV.ASCHDVD.SWDifference

Max Drawdown

Largest peak-to-trough decline

-36.10%

-29.74%

-6.36%

Max Drawdown (1Y)

Largest decline over 1 year

-3.51%

-9.47%

+5.96%

Max Drawdown (3Y)

Largest decline over 3 years

-15.88%

-13.39%

-2.49%

Max Drawdown (5Y)

Largest decline over 5 years

-15.88%

-14.29%

-1.59%

Max Drawdown (10Y)

Largest decline over 10 years

-36.10%

-29.74%

-6.36%

Current Drawdown

Current decline from peak

-0.36%

-2.14%

+1.78%

Average Drawdown

Average peak-to-trough decline

-3.97%

-5.04%

+1.07%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.22%

3.08%

-1.86%

Volatility

TDIV.AS vs. CHDVD.SW - Volatility Comparison

The current volatility for VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF (TDIV.AS) is 2.29%, while iShares Swiss Dividend ETF (CH) (CHDVD.SW) has a volatility of 3.97%. This indicates that TDIV.AS experiences smaller price fluctuations and is considered to be less risky than CHDVD.SW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


TDIV.ASCHDVD.SWDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.29%

3.97%

-1.68%

Volatility (6M)

Calculated over the trailing 6-month period

6.74%

10.36%

-3.62%

Volatility (1Y)

Calculated over the trailing 1-year period

9.12%

12.69%

-3.57%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.12%

13.44%

-0.32%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

14.70%

14.69%

+0.01%

TDIV.AS vs. CHDVD.SW - Expense Ratio Comparison

TDIV.AS has a 0.38% expense ratio, which is higher than CHDVD.SW's 0.15% expense ratio.


Dividends

TDIV.AS vs. CHDVD.SW - Dividend Comparison

TDIV.AS's dividend yield for the trailing twelve months is around 3.14%, less than CHDVD.SW's 3.56% yield.


PositionTTM20252024202320222021202020192018201720162015
CHDVD.SW
iShares Swiss Dividend ETF (CH)
3.56%3.46%2.80%3.48%2.55%2.92%3.07%2.34%3.22%3.50%2.70%3.13%
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%0.00%

Frequently Asked Questions


TDIV.AS and CHDVD.SW have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, CHDVD.SW is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

CHDVD.SW is cheaper with a 0.15% expense ratio, compared with 0.38% for TDIV.AS.

TDIV.AS is categorized as Global Equity Income, while CHDVD.SW is Europe Equities. TDIV.AS tracks Morningstar Developed Markets Large Cap Dividend Leaders Screened Select Index, while CHDVD.SW tracks SPI® Select Dividend 20 Index. They also come from different issuers: VanEck and iShares. Their fees differ too: 0.38% for TDIV.AS and 0.15% for CHDVD.SW.

Portfolio Optimizer

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