TSWE.DE vs. MOAT

Last updated Jun 5, 2026

TSWE.DE (VanEck Sustainable World Equal Weight UCITS ETF A) and MOAT (VanEck Morningstar Wide Moat ETF) are both exchange-traded funds - TSWE.DE is a Global Equities fund tracking the Solactive Sustainable World Equity, while MOAT is a Large Cap Blend Equities fund tracking the Morningstar Wide Moat Focus Index. Both are passively managed. Over the past 5 years, TSWE.DE returned 11.66%/yr vs 9.20%/yr for MOAT. A 0.53 correlation means they provide meaningful diversification when combined. TSWE.DE charges 0.20%/yr vs 0.47%/yr for MOAT.

Performance

TSWE.DE vs. MOAT - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in VanEck Sustainable World Equal Weight UCITS ETF A (TSWE.DE) and VanEck Morningstar Wide Moat ETF (MOAT). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

TSWE.DE is traded in EUR, while MOAT is traded in USD. To make them comparable, the MOAT values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, TSWE.DE achieves a 13.30% return, which is significantly higher than MOAT's 1.07% return.

TSWE.DE

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

MOAT

• 1D: 0.74%
• 1M: 4.26%
• YTD: 1.07%
• 6M: 0.22%
• 1Y: 13.57%
• 3Y*: 8.82%
• 5Y*: 9.20%
• 10Y*: 13.15%

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

TSWE.DE vs. MOAT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
TSWE.DE VanEck Sustainable World Equal Weight UCITS ETF A	13.30%	13.87%	16.42%	16.27%	-13.06%	29.28%	5.03%	28.44%	-5.05%
MOAT VanEck Morningstar Wide Moat ETF	1.07%	-0.23%	18.04%	27.93%	-8.31%	33.40%	5.37%	37.84%	-6.55%

Correlation

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

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.48
Correlation (3Y) Calculated over the trailing 3-year period	0.46
Correlation (5Y) Calculated over the trailing 5-year period	0.49
Correlation (All Time) Calculated using the full available price history since Dec 12, 2018	0.53

The correlation between TSWE.DE and MOAT has been stable across timeframes, ranging from 0.46 to 0.53 - a consistent structural relationship.

Return for Risk

TSWE.DE vs. MOAT — 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

MOAT

MOAT Risk / Return Rank: 30
MOAT Sharpe Ratio Rank: 32
MOAT Sortino Ratio Rank: 32
MOAT Omega Ratio Rank: 29
MOAT Calmar Ratio Rank: 27
MOAT Martin Ratio Rank: 28

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.

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

This table presents a comparison of risk-adjusted performance metrics for VanEck Sustainable World Equal Weight UCITS ETF A (TSWE.DE) and VanEck Morningstar Wide Moat ETF (MOAT). 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.

	TSWE.DE	MOAT	Difference
Sharpe ratio: Return per unit of total volatility	1.98	0.99	+0.99
Sortino ratio: Return per unit of downside risk	2.84	1.44	+1.39
Omega ratio: Gain probability vs. loss probability	1.37	1.17	+0.20
Calmar ratio: Return relative to maximum drawdown	3.20	1.17	+2.03
Martin ratio: Return relative to average drawdown	12.60	3.14	+9.46
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TSWE.DE vs. MOAT - Sharpe Ratio Comparison

The current TSWE.DE Sharpe Ratio is 1.98, which is higher than the MOAT Sharpe Ratio of 0.99. The chart below compares the historical Sharpe Ratios of TSWE.DE and MOAT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	TSWE.DE	MOAT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.98	0.99	+0.99
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.84	0.52	+0.32
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.69	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.82	0.80	+0.02

Drawdowns

TSWE.DE vs. MOAT - Drawdown Comparison

The maximum TSWE.DE drawdown since its inception was -33.61%, roughly equal to the maximum MOAT drawdown of -32.83%. Use the drawdown chart below to compare losses from any high point for TSWE.DE and MOAT.

Drawdown Indicators

	TSWE.DE	MOAT	Difference
Max Drawdown Largest peak-to-trough decline	-33.61%	-32.83%	-0.78%
Max Drawdown (1Y) Largest decline over 1 year	-8.03%	-11.65%	+3.62%
Max Drawdown (3Y) Largest decline over 3 years	-19.69%	-25.00%	+5.31%
Max Drawdown (5Y) Largest decline over 5 years	-19.69%	-25.00%	+5.31%
Max Drawdown (10Y) Largest decline over 10 years	—	-32.83%	—
Current Drawdown Current decline from peak	-0.11%	-3.92%	+3.81%
Average Drawdown Average peak-to-trough decline	-4.69%	-4.30%	-0.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.04%	4.33%	-2.29%

Volatility

TSWE.DE vs. MOAT - Volatility Comparison

The current volatility for VanEck Sustainable World Equal Weight UCITS ETF A (TSWE.DE) is 3.04%, while VanEck Morningstar Wide Moat ETF (MOAT) has a volatility of 3.55%. This indicates that TSWE.DE experiences smaller price fluctuations and is considered to be less risky than MOAT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TSWE.DE	MOAT	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.04%	3.55%	-0.51%
Volatility (6M) Calculated over the trailing 6-month period	9.89%	9.73%	+0.16%
Volatility (1Y) Calculated over the trailing 1-year period	12.95%	13.76%	-0.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.69%	17.62%	-3.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.89%	18.99%	-3.10%

TSWE.DE vs. MOAT - Expense Ratio Comparison

TSWE.DE has a 0.20% expense ratio, which is lower than MOAT's 0.47% expense ratio.

Dividends

TSWE.DE vs. MOAT - Dividend Comparison

TSWE.DE's dividend yield for the trailing twelve months is around 1.83%, more than MOAT's 1.36% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MOAT VanEck Morningstar Wide Moat ETF	1.36%	1.36%	1.37%	0.86%	1.25%	1.08%	1.46%	1.31%	1.79%	1.07%	1.17%	2.13%
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%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

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

TSWE.DE and MOAT 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, TSWE.DE or MOAT?

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, TSWE.DE or MOAT?

TSWE.DE is cheaper with a 0.20% expense ratio, compared with 0.47% for MOAT.

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

TSWE.DE is categorized as Global Equities, while MOAT is Large Cap Blend Equities. TSWE.DE tracks Solactive Sustainable World Equity, while MOAT tracks Morningstar Wide Moat Focus Index. Their fees differ too: 0.20% for TSWE.DE and 0.47% for MOAT.