V3ET.DE vs. D5BL.DE

Last updated Jun 5, 2026

V3ET.DE (VanEck Sustainable European Equal Weight UCITS ETF) and D5BL.DE (Xtrackers MSCI Europe Value UCITS ETF) are both Europe Equities funds - V3ET.DE tracks the Solactive European Equity while D5BL.DE tracks the MSCI Europe Enhanced Value. Both are passively managed. Over the past 5 years, V3ET.DE returned 10.62%/yr vs 14.60%/yr for D5BL.DE. Their correlation of 0.92 suggests significant overlap in exposure. V3ET.DE charges 0.40%/yr vs 0.15%/yr for D5BL.DE.

Performance

V3ET.DE vs. D5BL.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in VanEck Sustainable European Equal Weight UCITS ETF (V3ET.DE) and Xtrackers MSCI Europe Value UCITS ETF (D5BL.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, V3ET.DE achieves a 7.08% return, which is significantly lower than D5BL.DE's 13.85% return.

V3ET.DE

• 1D: 0.54%
• 1M: 1.32%
• YTD: 7.08%
• 6M: 10.00%
• 1Y: 15.98%
• 3Y*: 15.79%
• 5Y*: 10.62%
• 10Y*: —

D5BL.DE

• 1D: -0.38%
• 1M: 2.55%
• YTD: 13.85%
• 6M: 17.04%
• 1Y: 32.33%
• 3Y*: 21.76%
• 5Y*: 14.60%
• 10Y*: 10.77%

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

V3ET.DE vs. D5BL.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
V3ET.DE VanEck Sustainable European Equal Weight UCITS ETF	7.08%	21.93%	11.73%	19.49%	-12.25%	27.54%	-3.09%	26.00%	-2.41%
D5BL.DE Xtrackers MSCI Europe Value UCITS ETF	13.85%	35.78%	10.37%	14.14%	-4.63%	26.83%	-8.58%	22.90%	-2.34%

Correlation

The correlation between V3ET.DE and D5BL.DE is 0.87, 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	0.87
Correlation (3Y) Calculated over the trailing 3-year period	0.87
Correlation (5Y) Calculated over the trailing 5-year period	0.89
Correlation (All Time) Calculated using the full available price history since Dec 12, 2018	0.92

The correlation between V3ET.DE and D5BL.DE has been stable across timeframes, ranging from 0.87 to 0.92 - a consistent structural relationship.

Return for Risk

V3ET.DE vs. D5BL.DE — Risk / Return Rank

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

V3ET.DE

V3ET.DE Risk / Return Rank: 34
V3ET.DE Sharpe Ratio Rank: 33
V3ET.DE Sortino Ratio Rank: 33
V3ET.DE Omega Ratio Rank: 33
V3ET.DE Calmar Ratio Rank: 32
V3ET.DE Martin Ratio Rank: 39

D5BL.DE

D5BL.DE Risk / Return Rank: 70
D5BL.DE Sharpe Ratio Rank: 71
D5BL.DE Sortino Ratio Rank: 73
D5BL.DE Omega Ratio Rank: 71
D5BL.DE Calmar Ratio Rank: 67
D5BL.DE Martin Ratio Rank: 69

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.

V3ET.DE vs. D5BL.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Sustainable European Equal Weight UCITS ETF (V3ET.DE) and Xtrackers MSCI Europe Value UCITS ETF (D5BL.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.

	V3ET.DE	D5BL.DE	Difference
Sharpe ratio: Return per unit of total volatility	1.14	2.28	-1.13
Sortino ratio: Return per unit of downside risk	1.73	3.24	-1.51
Omega ratio: Gain probability vs. loss probability	1.22	1.42	-0.20
Calmar ratio: Return relative to maximum drawdown	1.58	3.28	-1.71
Martin ratio: Return relative to average drawdown	5.86	12.52	-6.66
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

V3ET.DE vs. D5BL.DE - Sharpe Ratio Comparison

The current V3ET.DE Sharpe Ratio is 1.14, which is lower than the D5BL.DE Sharpe Ratio of 2.28. The chart below compares the historical Sharpe Ratios of V3ET.DE and D5BL.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

	V3ET.DE	D5BL.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.14	2.28	-1.13
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.69	0.93	-0.24
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.60	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.67	0.48	+0.19

Drawdowns

V3ET.DE vs. D5BL.DE - Drawdown Comparison

The maximum V3ET.DE drawdown since its inception was -37.66%, smaller than the maximum D5BL.DE drawdown of -40.40%. Use the drawdown chart below to compare losses from any high point for V3ET.DE and D5BL.DE.

Drawdown Indicators

	V3ET.DE	D5BL.DE	Difference
Max Drawdown Largest peak-to-trough decline	-37.66%	-40.40%	+2.74%
Max Drawdown (1Y) Largest decline over 1 year	-10.25%	-10.02%	-0.23%
Max Drawdown (3Y) Largest decline over 3 years	-17.09%	-17.36%	+0.27%
Max Drawdown (5Y) Largest decline over 5 years	-22.74%	-19.58%	-3.16%
Max Drawdown (10Y) Largest decline over 10 years	—	-40.40%	—
Current Drawdown Current decline from peak	-1.20%	-1.22%	+0.02%
Average Drawdown Average peak-to-trough decline	-5.14%	-7.23%	+2.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.77%	2.63%	+0.14%

Volatility

V3ET.DE vs. D5BL.DE - Volatility Comparison

The current volatility for VanEck Sustainable European Equal Weight UCITS ETF (V3ET.DE) is 4.49%, while Xtrackers MSCI Europe Value UCITS ETF (D5BL.DE) has a volatility of 4.83%. This indicates that V3ET.DE experiences smaller price fluctuations and is considered to be less risky than D5BL.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	V3ET.DE	D5BL.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.49%	4.83%	-0.34%
Volatility (6M) Calculated over the trailing 6-month period	11.70%	11.54%	+0.16%
Volatility (1Y) Calculated over the trailing 1-year period	14.13%	14.44%	-0.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.20%	15.59%	-0.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.67%	17.76%	-0.09%

V3ET.DE vs. D5BL.DE - Expense Ratio Comparison

V3ET.DE has a 0.40% expense ratio, which is higher than D5BL.DE's 0.15% expense ratio.

Dividends

V3ET.DE vs. D5BL.DE - Dividend Comparison

V3ET.DE's dividend yield for the trailing twelve months is around 2.69%, while D5BL.DE has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
D5BL.DE Xtrackers MSCI Europe Value UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
V3ET.DE VanEck Sustainable European Equal Weight UCITS ETF	2.69%	2.46%	2.73%	2.67%	2.96%	2.47%	2.35%	3.68%

Frequently Asked Questions

Can I hold both V3ET.DE and D5BL.DE in my portfolio?

V3ET.DE and D5BL.DE have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, V3ET.DE or D5BL.DE?

On fees, D5BL.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, V3ET.DE or D5BL.DE?

D5BL.DE is cheaper with a 0.15% expense ratio, compared with 0.40% for V3ET.DE.

What is the main difference between V3ET.DE and D5BL.DE?

V3ET.DE tracks Solactive European Equity, while D5BL.DE tracks MSCI Europe Enhanced Value. They also come from different issuers: VanEck and Xtrackers. Their fees differ too: 0.40% for V3ET.DE and 0.15% for D5BL.DE.