Correlation
The correlation between TSWE.DE and SNAW.DE is 0.60, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
TSWE.DE vs. SNAW.DE
Compare and contrast key facts about VanEck Sustainable World Equal Weight UCITS ETF A (TSWE.DE) and iShares MSCI World ESG Screened UCITS ETF USD (Acc) (SNAW.DE).
TSWE.DE and SNAW.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TSWE.DE is a passively managed fund by VanEck that tracks the performance of the Solactive Sustainable World Equity. It was launched on May 3, 2013. SNAW.DE is a passively managed fund by iShares that tracks the performance of the MSCI World ESG Screened. It was launched on Oct 19, 2018. Both TSWE.DE and SNAW.DE 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.DE or SNAW.DE.
Performance
TSWE.DE vs. SNAW.DE - Performance Comparison
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Key characteristics
TSWE.DE:
0.57
SNAW.DE:
0.43
TSWE.DE:
0.78
SNAW.DE:
0.66
TSWE.DE:
1.12
SNAW.DE:
1.10
TSWE.DE:
0.43
SNAW.DE:
0.33
TSWE.DE:
1.72
SNAW.DE:
1.16
TSWE.DE:
4.90%
SNAW.DE:
6.47%
TSWE.DE:
16.24%
SNAW.DE:
18.02%
TSWE.DE:
-33.61%
SNAW.DE:
-33.26%
TSWE.DE:
-5.89%
SNAW.DE:
-9.53%
Returns By Period
In the year-to-date period, TSWE.DE achieves a 2.08% return, which is significantly higher than SNAW.DE's -5.12% return.
TSWE.DE
2.08%
6.65%
0.37%
9.24%
9.68%
12.74%
N/A
SNAW.DE
-5.12%
7.31%
-5.78%
7.74%
11.54%
14.04%
N/A
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TSWE.DE vs. SNAW.DE - Expense Ratio Comparison
Both TSWE.DE and SNAW.DE have an expense ratio of 0.20%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
TSWE.DE vs. SNAW.DE — Risk-Adjusted Performance Rank
TSWE.DE
SNAW.DE
TSWE.DE vs. SNAW.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Sustainable World Equal Weight UCITS ETF A (TSWE.DE) and iShares MSCI World ESG Screened UCITS ETF USD (Acc) (SNAW.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.
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Dividends
TSWE.DE vs. SNAW.DE - Dividend Comparison
TSWE.DE's dividend yield for the trailing twelve months is around 2.15%, while SNAW.DE has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
TSWE.DE VanEck Sustainable World Equal Weight UCITS ETF A | 2.15% | 2.19% | 2.22% | 2.37% | 1.63% | 1.87% | 2.32% |
SNAW.DE iShares MSCI World ESG Screened UCITS ETF USD (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
TSWE.DE vs. SNAW.DE - Drawdown Comparison
The maximum TSWE.DE drawdown since its inception was -33.61%, roughly equal to the maximum SNAW.DE drawdown of -33.26%. Use the drawdown chart below to compare losses from any high point for TSWE.DE and SNAW.DE.
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Volatility
TSWE.DE vs. SNAW.DE - Volatility Comparison
The current volatility for VanEck Sustainable World Equal Weight UCITS ETF A (TSWE.DE) is 4.17%, while iShares MSCI World ESG Screened UCITS ETF USD (Acc) (SNAW.DE) has a volatility of 5.13%. This indicates that TSWE.DE experiences smaller price fluctuations and is considered to be less risky than SNAW.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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