TSWE.DE vs. MVEW.DE
TSWE.DE (VanEck Sustainable World Equal Weight UCITS ETF A) and MVEW.DE (iShares Edge MSCI World Minimum Volatility ESG UCITS ETF (Acc)) are both Global Equities funds - TSWE.DE tracks the Solactive Sustainable World Equity while MVEW.DE tracks the MSCI ACWI NR USD. Both are passively managed. Over the past 5 years, TSWE.DE returned 11.66%/yr vs 6.47%/yr for MVEW.DE. A 0.72 correlation means they provide meaningful diversification when combined. TSWE.DE charges 0.20%/yr vs 0.30%/yr for MVEW.DE.
Performance
TSWE.DE vs. MVEW.DE - Performance Comparison
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Returns By Period
In the year-to-date period, TSWE.DE achieves a 13.30% return, which is significantly higher than MVEW.DE's 1.17% 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*
- —
MVEW.DE
- 1D
- 0.07%
- 1M
- 1.79%
- YTD
- 1.17%
- 6M
- 1.16%
- 1Y
- 0.46%
- 3Y*
- 6.53%
- 5Y*
- 6.47%
- 10Y*
- —
TSWE.DE vs. MVEW.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
TSWE.DE VanEck Sustainable World Equal Weight UCITS ETF A | 13.30% | 13.87% | 16.42% | 16.27% | -13.06% | 29.28% | 24.07% |
MVEW.DE iShares Edge MSCI World Minimum Volatility ESG UCITS ETF (Acc) | 1.17% | -0.99% | 17.25% | 6.27% | -5.98% | 26.26% | 1.55% |
Correlation
The correlation between TSWE.DE and MVEW.DE is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.40 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.59 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.68 |
Correlation (All Time) Calculated using the full available price history since Apr 24, 2020 | 0.72 |
Over the past year, the correlation between TSWE.DE and MVEW.DE has dropped to 0.40 - well below their long-term average of 0.72, suggesting their price drivers have been diverging.
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Return for Risk
TSWE.DE vs. MVEW.DE — Risk / Return Rank
TSWE.DE
MVEW.DE
TSWE.DE vs. MVEW.DE - 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 iShares Edge MSCI World Minimum Volatility ESG UCITS ETF (Acc) (MVEW.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.
| TSWE.DE | MVEW.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.93 | ||
| Sortino ratioReturn per unit of downside risk | +2.70 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.02 | +0.36 |
| Calmar ratioReturn relative to maximum drawdown | 3.20 | 0.10 | +3.10 |
| Martin ratioReturn relative to average drawdown | 12.60 | 0.20 | +12.40 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| TSWE.DE | MVEW.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.98 | 0.06 | +1.93 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.84 | 0.62 | +0.22 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.82 | 0.63 | +0.19 |
Drawdowns
TSWE.DE vs. MVEW.DE - Drawdown Comparison
The maximum TSWE.DE drawdown since its inception was -33.61%, which is greater than MVEW.DE's maximum drawdown of -13.19%. Use the drawdown chart below to compare losses from any high point for TSWE.DE and MVEW.DE.
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Drawdown Indicators
| TSWE.DE | MVEW.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.61% | -13.19% | -20.42% |
Max Drawdown (1Y)Largest decline over 1 year | -8.03% | -4.68% | -3.35% |
Max Drawdown (3Y)Largest decline over 3 years | -19.69% | -13.19% | -6.50% |
Max Drawdown (5Y)Largest decline over 5 years | -19.69% | -13.19% | -6.50% |
Current DrawdownCurrent decline from peak | -0.11% | -5.75% | +5.64% |
Average DrawdownAverage peak-to-trough decline | -4.69% | -3.83% | -0.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.04% | 2.27% | -0.23% |
Volatility
TSWE.DE vs. MVEW.DE - Volatility Comparison
VanEck Sustainable World Equal Weight UCITS ETF A (TSWE.DE) has a higher volatility of 3.04% compared to iShares Edge MSCI World Minimum Volatility ESG UCITS ETF (Acc) (MVEW.DE) at 2.58%. This indicates that TSWE.DE's price experiences larger fluctuations and is considered to be riskier than MVEW.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TSWE.DE | MVEW.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.04% | 2.58% | +0.46% |
Volatility (6M)Calculated over the trailing 6-month period | 9.89% | 5.42% | +4.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.95% | 7.97% | +4.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.69% | 10.25% | +3.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.89% | 10.82% | +5.07% |
TSWE.DE vs. MVEW.DE - Expense Ratio Comparison
TSWE.DE has a 0.20% expense ratio, which is lower than MVEW.DE's 0.30% expense ratio.
Dividends
TSWE.DE vs. MVEW.DE - Dividend Comparison
TSWE.DE's dividend yield for the trailing twelve months is around 1.83%, while MVEW.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
MVEW.DE iShares Edge MSCI World Minimum Volatility ESG UCITS ETF (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
TSWE.DE and MVEW.DE have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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.
TSWE.DE is cheaper with a 0.20% expense ratio, compared with 0.30% for MVEW.DE.
TSWE.DE tracks Solactive Sustainable World Equity, while MVEW.DE tracks MSCI ACWI NR USD. They also come from different issuers: VanEck and iShares. Their fees differ too: 0.20% for TSWE.DE and 0.30% for MVEW.DE.
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