TDIV.L vs. XDEB.L
TDIV.L (VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF USD (Dist)) and XDEB.L (Xtrackers MSCI World Minimum Volatility UCITS ETF 1C) are both Global Equities funds - TDIV.L tracks the Morningstar Developed Markets Large Cap Dividend Leaders Screened Select Index while XDEB.L tracks the MSCI ACWI NR USD. Both are passively managed. Over the past 10 years, TDIV.L returned 13.83%/yr vs 7.10%/yr for XDEB.L. A 0.51 correlation means they provide meaningful diversification when combined. TDIV.L charges 0.38%/yr vs 0.25%/yr for XDEB.L.
Performance
TDIV.L vs. XDEB.L - Performance Comparison
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Different Trading Currencies
TDIV.L is traded in USD, while XDEB.L is traded in GBp. To make them comparable, the XDEB.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, TDIV.L achieves a 11.84% return, which is significantly higher than XDEB.L's 2.68% return. Over the past 10 years, TDIV.L has outperformed XDEB.L with an annualized return of 13.83%, while XDEB.L has yielded a comparatively lower 7.10% annualized return.
TDIV.L
- 1D
- 0.32%
- 1M
- 2.15%
- 6M
- 10.53%
- YTD
- 11.84%
- 1Y
- 29.81%
- 3Y*
- 22.34%
- 5Y*
- 17.81%
- 10Y*
- 13.83%
XDEB.L
- 1D
- 0.64%
- 1M
- 2.70%
- 6M
- 2.97%
- YTD
- 2.68%
- 1Y
- 4.65%
- 3Y*
- 9.31%
- 5Y*
- 5.21%
- 10Y*
- 7.10%
TDIV.L vs. XDEB.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TDIV.L VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF USD (Dist) | 11.84% | 40.41% | 8.93% | 15.44% | 9.29% | 18.14% | -2.30% | 37.03% | -6.76% | 3.94% |
XDEB.L Xtrackers MSCI World Minimum Volatility UCITS ETF 1C | 2.68% | 11.21% | 11.13% | 6.84% | -9.59% | 14.95% | 2.07% | 23.31% | -2.41% | 17.21% |
Correlation
The correlation between TDIV.L and XDEB.L is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.45 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.50 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.57 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.51 |
Correlation (All Time) Calculated using the full available price history since May 23, 2016 | 0.51 |
The correlation between TDIV.L and XDEB.L shifts across timeframes, from 0.45 (1 year) to 0.57 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
TDIV.L vs. XDEB.L — Risk / Return Rank
TDIV.L
XDEB.L
TDIV.L vs. XDEB.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF USD (Dist) (TDIV.L) and Xtrackers MSCI World Minimum Volatility UCITS ETF 1C (XDEB.L). 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.L | XDEB.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.07 | ||
| Sortino ratioReturn per unit of downside risk | +2.77 | ||
| Omega ratioGain probability vs. loss probability | 1.48 | 1.10 | +0.37 |
| Calmar ratioReturn relative to maximum drawdown | 5.64 | 0.76 | +4.88 |
| Martin ratioReturn relative to average drawdown | 15.83 | 1.72 | +14.11 |
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Drawdowns
TDIV.L vs. XDEB.L - Drawdown Comparison
The maximum TDIV.L drawdown since its inception was -37.94%, smaller than the maximum XDEB.L drawdown of -44.36%. Use the drawdown chart below to compare losses from any high point for TDIV.L and XDEB.L.
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Drawdown Indicators
| TDIV.L | XDEB.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.94% | -44.36% | +6.42% |
Max Drawdown (1Y)Largest decline over 1 year | -5.27% | -6.11% | +0.84% |
Max Drawdown (3Y)Largest decline over 3 years | -13.89% | -19.14% | +5.25% |
Max Drawdown (5Y)Largest decline over 5 years | -18.52% | -19.14% | +0.62% |
Max Drawdown (10Y)Largest decline over 10 years | -37.94% | -28.21% | -9.73% |
Current DrawdownCurrent decline from peak | 0.00% | -2.14% | +2.14% |
Average DrawdownAverage peak-to-trough decline | -3.99% | -16.13% | +12.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.88% | 2.70% | -0.82% |
Volatility
TDIV.L vs. XDEB.L - Volatility Comparison
VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF USD (Dist) (TDIV.L) has a higher volatility of 2.90% compared to Xtrackers MSCI World Minimum Volatility UCITS ETF 1C (XDEB.L) at 1.92%. This indicates that TDIV.L's price experiences larger fluctuations and is considered to be riskier than XDEB.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TDIV.L | XDEB.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.90% | 1.92% | +0.98% |
Volatility (6M)Calculated over the trailing 6-month period | 8.56% | 6.12% | +2.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.22% | 8.06% | +3.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.56% | 17.57% | -3.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.20% | 18.92% | -2.72% |
TDIV.L vs. XDEB.L - Expense Ratio Comparison
TDIV.L has a 0.38% expense ratio, which is higher than XDEB.L's 0.25% expense ratio.
Dividends
TDIV.L vs. XDEB.L - Dividend Comparison
TDIV.L's dividend yield for the trailing twelve months is around 3.10%, while XDEB.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
TDIV.L VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF USD (Dist) | 3.10% | 3.49% | 4.36% | 4.82% | 4.49% | 4.14% | 3.88% | 4.37% | 5.77% | 4.50% |
XDEB.L Xtrackers MSCI World Minimum Volatility UCITS ETF 1C | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
TDIV.L and XDEB.L have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XDEB.L is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XDEB.L is cheaper with a 0.25% expense ratio, compared with 0.38% for TDIV.L.
TDIV.L tracks Morningstar Developed Markets Large Cap Dividend Leaders Screened Select Index, while XDEB.L tracks MSCI ACWI NR USD. They also come from different issuers: VanEck and DWS. Their fees differ too: 0.38% for TDIV.L and 0.25% for XDEB.L.
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