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TSWE.L vs. MINT.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

TSWE.L vs. MINT.L

Last updated Jul 16, 2026
Documentation

TSWE.L (VanEck World Equal Weight Screened UCITS ETF) and MINT.L (PIMCO ETFs PLC - US Dollar Short Maturity UCITS ETF) are both Global Equities funds - TSWE.L tracks the VanEck World Equal Weight Screened UCITS ETF while MINT.L tracks the PIMCO ETFs PLC - US Dollar Short Maturity UCITS ETF. Both are passively managed. Over the past 10 years, TSWE.L returned 0.54%/yr vs 2.65%/yr for MINT.L. At a correlation of -0.01, they often move in opposite directions.

Performance

TSWE.L vs. MINT.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck World Equal Weight Screened UCITS ETF (TSWE.L) and PIMCO ETFs PLC - US Dollar Short Maturity UCITS ETF (MINT.L). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, TSWE.L achieves a 13.54% return, which is significantly higher than MINT.L's 2.39% return. Over the past 10 years, TSWE.L has underperformed MINT.L with an annualized return of 0.54%, while MINT.L has yielded a comparatively higher 2.65% annualized return.

TSWE.L

1D
-0.01%
1M
-0.24%
6M
11.06%
YTD
13.54%
1Y
26.45%
3Y*
18.83%
5Y*
10.79%
10Y*
0.54%

MINT.L

1D
0.05%
1M
0.39%
6M
2.17%
YTD
2.39%
1Y
4.58%
3Y*
5.23%
5Y*
3.49%
10Y*
2.65%
*Multi-year figures are annualized to reflect compound growth (CAGR)

TSWE.L vs. MINT.L - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
TSWE.L
VanEck World Equal Weight Screened UCITS ETF		13.54%27.64%9.78%20.41%-17.42%22.23%23.38%-61.63%-4.83%9.00%
MINT.L
PIMCO ETFs PLC - US Dollar Short Maturity UCITS ETF		2.39%4.66%5.75%5.72%-0.67%-0.09%1.30%3.28%1.65%1.86%

Correlation

The correlation between TSWE.L and MINT.L is 0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.04

Correlation (3Y)
Calculated over the trailing 3-year period

0.03

Correlation (5Y)
Calculated over the trailing 5-year period

0.03

Correlation (10Y)
Calculated over the trailing 10-year period

0.01

Correlation (All Time)
Calculated using the full available price history since May 3, 2013

-0.01

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VanEck World Equal Weight Screened UCITS ETF

PIMCO ETFs PLC - US Dollar Short Maturity UCITS ETF

Return for Risk

TSWE.L vs. MINT.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
TSWE.L
TSWE.L Risk / Return Rank: 6767
Overall Rank
TSWE.L Sharpe Ratio Rank: 6767
Sharpe Ratio Rank
TSWE.L Sortino Ratio Rank: 7272
Sortino Ratio Rank
TSWE.L Omega Ratio Rank: 6868
Omega Ratio Rank
TSWE.L Calmar Ratio Rank: 6363
Calmar Ratio Rank
TSWE.L Martin Ratio Rank: 6767
Martin Ratio Rank
MINT.L
MINT.L Risk / Return Rank: 9999
Overall Rank
MINT.L Sharpe Ratio Rank: 9999
Sharpe Ratio Rank
MINT.L Sortino Ratio Rank: 9999
Sortino Ratio Rank
MINT.L Omega Ratio Rank: 9999
Omega Ratio Rank
MINT.L Calmar Ratio Rank: 9999
Calmar Ratio Rank
MINT.L Martin Ratio Rank: 9999
Martin Ratio Rank
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.L vs. MINT.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck World Equal Weight Screened UCITS ETF (TSWE.L) and PIMCO ETFs PLC - US Dollar Short Maturity UCITS ETF (MINT.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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

TSWE.LMINT.LDifference
Sharpe ratioReturn per unit of total volatility
1.75
7.86

-6.11

Sortino ratioReturn per unit of downside risk
2.60
16.90

-14.30

Omega ratioGain probability vs. loss probability

1.32

3.57

-2.25

Calmar ratioReturn relative to maximum drawdown

2.55

45.35

-42.80

Martin ratioReturn relative to average drawdown

9.55

232.26

-222.72

TSWE.L vs. MINT.L - Sharpe Ratio Comparison

The current TSWE.L Sharpe Ratio is 1.75, which is lower than the MINT.L Sharpe Ratio of 7.86. The chart below compares the historical Sharpe Ratios of TSWE.L and MINT.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

TSWE.L vs. MINT.L - Drawdown Comparison

The maximum TSWE.L drawdown since its inception was -76.86%, which is greater than MINT.L's maximum drawdown of -3.89%. Use the drawdown chart below to compare losses from any high point for TSWE.L and MINT.L.

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Drawdown Indicators

TSWE.LMINT.LDifference

Max Drawdown

Largest peak-to-trough decline

-76.86%

-3.89%

-72.97%

Max Drawdown (1Y)

Largest decline over 1 year

-10.48%

-0.10%

-10.38%

Max Drawdown (3Y)

Largest decline over 3 years

-16.43%

-0.62%

-15.81%

Max Drawdown (5Y)

Largest decline over 5 years

-28.31%

-2.47%

-25.84%

Max Drawdown (10Y)

Largest decline over 10 years

-76.86%

-3.89%

-72.97%

Current Drawdown

Current decline from peak

-19.17%

0.00%

-19.17%

Average Drawdown

Average peak-to-trough decline

-31.89%

-0.23%

-31.66%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.80%

0.02%

+2.78%

Volatility

TSWE.L vs. MINT.L - Volatility Comparison

VanEck World Equal Weight Screened UCITS ETF (TSWE.L) has a higher volatility of 3.58% compared to PIMCO ETFs PLC - US Dollar Short Maturity UCITS ETF (MINT.L) at 0.14%. This indicates that TSWE.L's price experiences larger fluctuations and is considered to be riskier than MINT.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

TSWE.LMINT.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.58%

0.14%

+3.44%

Volatility (6M)

Calculated over the trailing 6-month period

12.95%

0.35%

+12.60%

Volatility (1Y)

Calculated over the trailing 1-year period

15.26%

0.58%

+14.68%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.19%

0.76%

+15.43%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

27.67%

0.95%

+26.72%

Dividends

TSWE.L vs. MINT.L - Dividend Comparison

TSWE.L's dividend yield for the trailing twelve months is around 1.81%, less than MINT.L's 4.36% yield.

PositionTTM20252024202320222021202020192018201720162015
MINT.L
PIMCO ETFs PLC - US Dollar Short Maturity UCITS ETF		4.36%4.43%5.18%4.81%1.51%0.34%1.17%2.63%2.33%1.56%1.31%0.79%
TSWE.L
VanEck World Equal Weight Screened UCITS ETF		1.81%1.89%2.28%2.15%2.33%4.41%7.06%9.31%2.86%2.40%0.00%0.00%

Frequently Asked Questions

TSWE.L and MINT.L have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

TSWE.L tracks VanEck World Equal Weight Screened UCITS ETF, while MINT.L tracks PIMCO ETFs PLC - US Dollar Short Maturity UCITS ETF. They also come from different issuers: VanEck and PIMCO.

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