V vs. TDIV.AS

Last updated Jun 9, 2026

V (Visa Inc.) is a stock, while TDIV.AS (VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF) is Global Equity Income fund tracking the Morningstar Developed Markets Large Cap Dividend Leaders Screened Select Index. Over the past 10 years, V returned 15.64%/yr vs 12.27%/yr for TDIV.AS. At a 0.32 correlation, their price movements are largely independent.

Performance

V vs. TDIV.AS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Visa Inc. (V) and VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF (TDIV.AS). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

V is traded in USD, while TDIV.AS is traded in EUR. To make them comparable, the TDIV.AS values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, V achieves a -8.47% return, which is significantly lower than TDIV.AS's 8.63% return. Over the past 10 years, V has outperformed TDIV.AS with an annualized return of 15.64%, while TDIV.AS has yielded a comparatively lower 12.27% annualized return.

V

• 1D: -1.21%
• 1M: 0.48%
• YTD: -8.47%
• 6M: -1.79%
• 1Y: -12.97%
• 3Y*: 13.52%
• 5Y*: 7.39%
• 10Y*: 15.64%

TDIV.AS

• 1D: 0.36%
• 1M: -0.12%
• YTD: 8.63%
• 6M: 12.44%
• 1Y: 27.25%
• 3Y*: 23.23%
• 5Y*: 16.43%
• 10Y*: 12.27%

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

V vs. TDIV.AS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
V Visa Inc.	-8.47%	11.76%	22.32%	26.31%	-3.40%	-0.31%	17.12%	43.33%	16.49%	47.18%
TDIV.AS VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF	8.63%	41.12%	8.81%	14.42%	9.20%	19.14%	-2.22%	18.62%	-11.46%	17.43%

Correlation

The correlation between V and TDIV.AS is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.23
Correlation (3Y) Calculated over the trailing 3-year period	0.18
Correlation (5Y) Calculated over the trailing 5-year period	0.29
Correlation (10Y) Calculated over the trailing 10-year period	0.32
Correlation (All Time) Calculated using the full available price history since May 24, 2016	0.32

The correlation between V and TDIV.AS shifts across timeframes, from 0.18 (3 years) to 0.32 (10 years), reflecting how their relationship changes across market environments.

Return for Risk

V vs. TDIV.AS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

V

V Risk / Return Rank: 17
V Sharpe Ratio Rank: 16
V Sortino Ratio Rank: 16
V Omega Ratio Rank: 17
V Calmar Ratio Rank: 18
V Martin Ratio Rank: 16

TDIV.AS

TDIV.AS Risk / Return Rank: 88
TDIV.AS Sharpe Ratio Rank: 86
TDIV.AS Sortino Ratio Rank: 88
TDIV.AS Omega Ratio Rank: 85
TDIV.AS Calmar Ratio Rank: 94
TDIV.AS Martin Ratio Rank: 89

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.

V vs. TDIV.AS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Visa Inc. (V) and VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF (TDIV.AS). 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.

	V	TDIV.AS	Difference
Sharpe ratio: Return per unit of total volatility	-0.58	2.54	-3.12
Sortino ratio: Return per unit of downside risk	-0.72	3.45	-4.17
Omega ratio: Gain probability vs. loss probability	0.91	1.45	-0.54
Calmar ratio: Return relative to maximum drawdown	-0.64	5.27	-5.91
Martin ratio: Return relative to average drawdown	-1.18	14.77	-15.94
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

V vs. TDIV.AS - Sharpe Ratio Comparison

The current V Sharpe Ratio is -0.58, which is lower than the TDIV.AS Sharpe Ratio of 2.54. The chart below compares the historical Sharpe Ratios of V and TDIV.AS, 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

	V	TDIV.AS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.58	2.54	-3.12
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.33	1.13	-0.80
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.64	0.77	-0.13
Sharpe Ratio (All Time) Calculated using the full available price history	0.69	0.79	-0.10

Drawdowns

V vs. TDIV.AS - Drawdown Comparison

The maximum V drawdown since its inception was -51.90%, which is greater than TDIV.AS's maximum drawdown of -37.90%. Use the drawdown chart below to compare losses from any high point for V and TDIV.AS.

Drawdown Indicators

	V	TDIV.AS	Difference
Max Drawdown Largest peak-to-trough decline	-51.90%	-37.90%	-14.00%
Max Drawdown (1Y) Largest decline over 1 year	-20.38%	-5.20%	-15.18%
Max Drawdown (3Y) Largest decline over 3 years	-20.38%	-14.68%	-5.70%
Max Drawdown (5Y) Largest decline over 5 years	-28.60%	-18.23%	-10.37%
Max Drawdown (10Y) Largest decline over 10 years	-36.36%	-37.90%	+1.54%
Current Drawdown Current decline from peak	-13.69%	-2.26%	-11.43%
Average Drawdown Average peak-to-trough decline	-8.26%	-4.76%	-3.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.03%	1.86%	+9.17%

Volatility

V vs. TDIV.AS - Volatility Comparison

Visa Inc. (V) has a higher volatility of 5.74% compared to VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF (TDIV.AS) at 2.57%. This indicates that V's price experiences larger fluctuations and is considered to be riskier than TDIV.AS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	V	TDIV.AS	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.74%	2.57%	+3.17%
Volatility (6M) Calculated over the trailing 6-month period	17.50%	7.88%	+9.62%
Volatility (1Y) Calculated over the trailing 1-year period	22.32%	10.79%	+11.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.80%	14.35%	+8.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.47%	15.67%	+8.80%

Dividends

V vs. TDIV.AS - Dividend Comparison

V's dividend yield for the trailing twelve months is around 0.81%, less than TDIV.AS's 3.19% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
TDIV.AS VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF	3.19%	3.58%	4.19%	4.98%	4.55%	3.98%	4.12%	4.40%	4.93%	3.95%	1.11%	0.00%
V Visa Inc.	0.81%	0.70%	0.68%	0.72%	0.76%	0.62%	0.56%	0.56%	0.67%	0.61%	0.75%	0.64%

Frequently Asked Questions

Can I hold both V and TDIV.AS in my portfolio?

V and TDIV.AS have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.