TDVX.DE vs. TSWE.DE

Last updated Jun 5, 2026

TDVX.DE (VanEck Morningstar Developed Markets ex-US Dividend Leaders UCITS ETF A USD Acc) and TSWE.DE (VanEck Sustainable World Equal Weight UCITS ETF A) are both exchange-traded funds - TDVX.DE is a Dividend fund tracking the Morningstar Developed Markets ex-US Large Cap Dividend Leaders Screened Select Index, while TSWE.DE is a Global Equities fund tracking the Solactive Sustainable World Equity. Both are passively managed. At a 0.48 correlation, their price movements are largely independent. TDVX.DE charges 0.38%/yr vs 0.20%/yr for TSWE.DE.

Performance

TDVX.DE vs. TSWE.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in VanEck Morningstar Developed Markets ex-US Dividend Leaders UCITS ETF A USD Acc (TDVX.DE) and VanEck Sustainable World Equal Weight UCITS ETF A (TSWE.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

TDVX.DE

• 1D: 0.32%
• 1M: 0.73%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TSWE.DE

• 1D: -0.01%
• 1M: 6.60%
• YTD: 13.30%
• 6M: 15.30%
• 1Y: 25.79%
• 3Y*: 17.12%
• 5Y*: 11.66%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

TDVX.DE vs. TSWE.DE - Yearly Performance Comparison

	2026 (YTD)
TDVX.DE VanEck Morningstar Developed Markets ex-US Dividend Leaders UCITS ETF A USD Acc	1.12%
TSWE.DE VanEck Sustainable World Equal Weight UCITS ETF A	7.13%

Correlation

The correlation between TDVX.DE and TSWE.DE is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 23, 2026	0.48

Return for Risk

TDVX.DE vs. TSWE.DE — Risk / Return Rank

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

TSWE.DE

TSWE.DE Risk / Return Rank: 63
TSWE.DE Sharpe Ratio Rank: 60
TSWE.DE Sortino Ratio Rank: 61
TSWE.DE Omega Ratio Rank: 62
TSWE.DE Calmar Ratio Rank: 65
TSWE.DE Martin Ratio Rank: 69

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.

TDVX.DE vs. TSWE.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Morningstar Developed Markets ex-US Dividend Leaders UCITS ETF A USD Acc (TDVX.DE) and VanEck Sustainable World Equal Weight UCITS ETF A (TSWE.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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	TDVX.DE	TSWE.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.98	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.84	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.88	0.82	+0.06

Drawdowns

TDVX.DE vs. TSWE.DE - Drawdown Comparison

The maximum TDVX.DE drawdown since its inception was -2.51%, smaller than the maximum TSWE.DE drawdown of -33.61%. Use the drawdown chart below to compare losses from any high point for TDVX.DE and TSWE.DE.

Drawdown Indicators

	TDVX.DE	TSWE.DE	Difference
Max Drawdown Largest peak-to-trough decline	-2.51%	-33.61%	+31.10%
Max Drawdown (1Y) Largest decline over 1 year	—	-8.03%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-19.69%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-19.69%	—
Current Drawdown Current decline from peak	-1.99%	-0.11%	-1.88%
Average Drawdown Average peak-to-trough decline	-0.88%	-4.69%	+3.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.04%	—

Volatility

Volatility by Period

	TDVX.DE	TSWE.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.04%	—
Volatility (6M) Calculated over the trailing 6-month period	—	9.89%	—
Volatility (1Y) Calculated over the trailing 1-year period	11.32%	12.95%	-1.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.32%	13.69%	-2.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.32%	15.89%	-4.57%

TDVX.DE vs. TSWE.DE - Expense Ratio Comparison

TDVX.DE has a 0.38% expense ratio, which is higher than TSWE.DE's 0.20% expense ratio.

Dividends

TDVX.DE vs. TSWE.DE - Dividend Comparison

TDVX.DE has not paid dividends to shareholders, while TSWE.DE's dividend yield for the trailing twelve months is around 1.83%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
TDVX.DE VanEck Morningstar Developed Markets ex-US Dividend Leaders UCITS ETF A USD Acc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
TSWE.DE VanEck Sustainable World Equal Weight UCITS ETF A	1.83%	1.94%	2.19%	2.22%	2.37%	1.63%	1.87%	2.32%

Frequently Asked Questions

Can I hold both TDVX.DE and TSWE.DE in my portfolio?

TDVX.DE and TSWE.DE have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TDVX.DE or TSWE.DE?

On fees, TSWE.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TDVX.DE or TSWE.DE?

TSWE.DE is cheaper with a 0.20% expense ratio, compared with 0.38% for TDVX.DE.

What is the main difference between TDVX.DE and TSWE.DE?

TDVX.DE is categorized as Dividend, while TSWE.DE is Global Equities. TDVX.DE tracks Morningstar Developed Markets ex-US Large Cap Dividend Leaders Screened Select Index, while TSWE.DE tracks Solactive Sustainable World Equity. Their fees differ too: 0.38% for TDVX.DE and 0.20% for TSWE.DE.