TSWE.AS vs. VEUR.L
Compare and contrast key facts about VanEck Sustainable World Equal Weight UCITS ETF (TSWE.AS) and Vanguard FTSE Developed Europe UCITS ETF Distributing (VEUR.L).
TSWE.AS and VEUR.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TSWE.AS is a passively managed fund by VanEck that tracks the performance of the MSCI ACWI NR USD. It was launched on May 3, 2013. VEUR.L is a passively managed fund by Vanguard that tracks the performance of the MSCI Europe NR EUR. It was launched on May 21, 2013. Both TSWE.AS and VEUR.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TSWE.AS or VEUR.L.
Key characteristics
| TSWE.AS | VEUR.L | |
|---|---|---|
| YTD Return | 13.61% | 5.76% |
| 1Y Return | 22.12% | 14.38% |
| 3Y Return (Ann) | 5.32% | 4.82% |
| 5Y Return (Ann) | 9.76% | 7.46% |
| 10Y Return (Ann) | 9.58% | 8.45% |
| Sharpe Ratio | 2.23 | 1.45 |
| Sortino Ratio | 2.90 | 2.10 |
| Omega Ratio | 1.45 | 1.25 |
| Calmar Ratio | 2.67 | 2.33 |
| Martin Ratio | 12.85 | 7.05 |
| Ulcer Index | 1.74% | 2.04% |
| Daily Std Dev | 10.10% | 10.04% |
| Max Drawdown | -33.67% | -28.59% |
| Current Drawdown | -2.37% | -4.00% |
Correlation
The correlation between TSWE.AS and VEUR.L is 0.83, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
TSWE.AS vs. VEUR.L - Performance Comparison
In the year-to-date period, TSWE.AS achieves a 13.61% return, which is significantly higher than VEUR.L's 5.76% return. Over the past 10 years, TSWE.AS has outperformed VEUR.L with an annualized return of 9.58%, while VEUR.L has yielded a comparatively lower 8.45% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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TSWE.AS vs. VEUR.L - Expense Ratio Comparison
TSWE.AS has a 0.20% expense ratio, which is higher than VEUR.L's 0.10% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
TSWE.AS vs. VEUR.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Sustainable World Equal Weight UCITS ETF (TSWE.AS) and Vanguard FTSE Developed Europe UCITS ETF Distributing (VEUR.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.
Dividends
TSWE.AS vs. VEUR.L - Dividend Comparison
TSWE.AS's dividend yield for the trailing twelve months is around 2.15%, less than VEUR.L's 2.60% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TSWE.AS VanEck Sustainable World Equal Weight UCITS ETF | 2.15% | 2.23% | 2.38% | 1.64% | 1.88% | 2.34% | 2.45% | 2.09% | 1.85% | 1.87% | 5.46% | 0.31% |
VEUR.L Vanguard FTSE Developed Europe UCITS ETF Distributing | 2.60% | 2.96% | 3.22% | 2.73% | 2.30% | 3.34% | 3.53% | 3.05% | 3.03% | 3.05% | 3.92% | 0.76% |
Drawdowns
TSWE.AS vs. VEUR.L - Drawdown Comparison
The maximum TSWE.AS drawdown since its inception was -33.67%, which is greater than VEUR.L's maximum drawdown of -28.59%. Use the drawdown chart below to compare losses from any high point for TSWE.AS and VEUR.L. For additional features, visit the drawdowns tool.
Volatility
TSWE.AS vs. VEUR.L - Volatility Comparison
The current volatility for VanEck Sustainable World Equal Weight UCITS ETF (TSWE.AS) is 2.32%, while Vanguard FTSE Developed Europe UCITS ETF Distributing (VEUR.L) has a volatility of 2.80%. This indicates that TSWE.AS experiences smaller price fluctuations and is considered to be less risky than VEUR.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.