TSWE.DE vs. VWCE.DE

Last updated Jun 5, 2026

TSWE.DE (VanEck Sustainable World Equal Weight UCITS ETF A) and VWCE.DE (Vanguard FTSE All-World UCITS ETF) are both Global Equities funds - TSWE.DE tracks the Solactive Sustainable World Equity while VWCE.DE tracks the FTSE All-World Index. Both are passively managed. Over the past 5 years, TSWE.DE returned 11.66%/yr vs 12.28%/yr for VWCE.DE. Their correlation of 0.94 suggests significant overlap in exposure. TSWE.DE charges 0.20%/yr vs 0.19%/yr for VWCE.DE.

Performance

TSWE.DE vs. VWCE.DE - 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 Vanguard FTSE All-World UCITS ETF (VWCE.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with TSWE.DE having a 13.30% return and VWCE.DE slightly lower at 12.64%.

TSWE.DE

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

VWCE.DE

• 1D: -0.21%
• 1M: 5.01%
• YTD: 12.64%
• 6M: 13.33%
• 1Y: 26.41%
• 3Y*: 17.85%
• 5Y*: 12.28%
• 10Y*: —

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

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

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
TSWE.DE VanEck Sustainable World Equal Weight UCITS ETF A	13.30%	13.87%	16.42%	16.27%	-13.06%	29.28%	5.03%	8.53%
VWCE.DE Vanguard FTSE All-World UCITS ETF	12.64%	9.16%	24.41%	18.18%	-13.47%	28.62%	5.36%	8.01%

Correlation

The correlation between TSWE.DE and VWCE.DE is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.92
Correlation (3Y) Calculated over the trailing 3-year period	0.90
Correlation (5Y) Calculated over the trailing 5-year period	0.93
Correlation (All Time) Calculated using the full available price history since Jul 26, 2019	0.94

The correlation between TSWE.DE and VWCE.DE has been stable across timeframes, ranging from 0.90 to 0.94 - a consistent structural relationship.

Return for Risk

TSWE.DE vs. VWCE.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

VWCE.DE

VWCE.DE Risk / Return Rank: 76
VWCE.DE Sharpe Ratio Rank: 72
VWCE.DE Sortino Ratio Rank: 73
VWCE.DE Omega Ratio Rank: 74
VWCE.DE Calmar Ratio Rank: 79
VWCE.DE Martin Ratio Rank: 83

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. VWCE.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 Vanguard FTSE All-World UCITS ETF (VWCE.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	VWCE.DE	Difference
Sharpe ratio: Return per unit of total volatility	1.98	2.31	-0.33
Sortino ratio: Return per unit of downside risk	2.84	3.24	-0.40
Omega ratio: Gain probability vs. loss probability	1.37	1.43	-0.06
Calmar ratio: Return relative to maximum drawdown	3.20	4.01	-0.82
Martin ratio: Return relative to average drawdown	12.60	16.55	-3.95
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. VWCE.DE - Sharpe Ratio Comparison

The current TSWE.DE Sharpe Ratio is 1.98, which is comparable to the VWCE.DE Sharpe Ratio of 2.31. The chart below compares the historical Sharpe Ratios of TSWE.DE and VWCE.DE, 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	VWCE.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.98	2.31	-0.33
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.84	0.88	-0.04
Sharpe Ratio (All Time) Calculated using the full available price history	0.82	0.79	+0.03

Drawdowns

TSWE.DE vs. VWCE.DE - Drawdown Comparison

The maximum TSWE.DE drawdown since its inception was -33.61%, roughly equal to the maximum VWCE.DE drawdown of -33.43%. Use the drawdown chart below to compare losses from any high point for TSWE.DE and VWCE.DE.

Drawdown Indicators

	TSWE.DE	VWCE.DE	Difference
Max Drawdown Largest peak-to-trough decline	-33.61%	-33.43%	-0.18%
Max Drawdown (1Y) Largest decline over 1 year	-8.03%	-6.55%	-1.48%
Max Drawdown (3Y) Largest decline over 3 years	-19.69%	-21.07%	+1.38%
Max Drawdown (5Y) Largest decline over 5 years	-19.69%	-21.07%	+1.38%
Current Drawdown Current decline from peak	-0.11%	-0.66%	+0.55%
Average Drawdown Average peak-to-trough decline	-4.69%	-4.69%	0.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.04%	1.59%	+0.45%

Volatility

TSWE.DE vs. VWCE.DE - Volatility Comparison

VanEck Sustainable World Equal Weight UCITS ETF A (TSWE.DE) and Vanguard FTSE All-World UCITS ETF (VWCE.DE) have volatilities of 3.04% and 3.06%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TSWE.DE	VWCE.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.04%	3.06%	-0.02%
Volatility (6M) Calculated over the trailing 6-month period	9.89%	8.18%	+1.71%
Volatility (1Y) Calculated over the trailing 1-year period	12.95%	11.37%	+1.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.69%	13.75%	-0.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.89%	16.16%	-0.27%

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

TSWE.DE has a 0.20% expense ratio, which is higher than VWCE.DE's 0.19% 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%.

Dividends

TSWE.DE vs. VWCE.DE - Dividend Comparison

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

Position	TTM	2025	2024	2023	2022	2021	2020	2019
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%
VWCE.DE Vanguard FTSE All-World UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

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

With a correlation of 0.92, TSWE.DE and VWCE.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

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

On fees, VWCE.DE is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.

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

VWCE.DE is cheaper with a 0.19% expense ratio, compared with 0.20% for TSWE.DE.

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

TSWE.DE tracks Solactive Sustainable World Equity, while VWCE.DE tracks FTSE All-World Index. They also come from different issuers: VanEck and Vanguard. Their fees differ too: 0.20% for TSWE.DE and 0.19% for VWCE.DE.