V3MA.DE vs. V3AA.DE
V3MA.DE (Vanguard ESG Emerging Markets All Cap UCITS ETF (USD) Accumulating) and V3AA.DE (Vanguard ESG Global All Cap UCITS ETF (USD) Acc) are both exchange-traded funds - V3MA.DE is a Emerging Markets Equities fund tracking the FTSE Emerging All Cap Choice, while V3AA.DE is a Global Equities fund tracking the FTSE Global All Cap Choice Index. Both are passively managed. Over the past year, V3MA.DE returned 30.41% vs 26.49% for V3AA.DE. A 0.74 correlation means they provide meaningful diversification when combined. Both charge a 0.24% expense ratio.
Performance
V3MA.DE vs. V3AA.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, V3MA.DE achieves a 16.20% return, which is significantly higher than V3AA.DE's 12.77% return.
V3MA.DE
- 1D
- -0.58%
- 1M
- 1.58%
- YTD
- 16.20%
- 6M
- 16.10%
- 1Y
- 30.41%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
V3AA.DE
- 1D
- -0.11%
- 1M
- 4.35%
- YTD
- 12.77%
- 6M
- 13.07%
- 1Y
- 26.49%
- 3Y*
- 17.62%
- 5Y*
- 11.33%
- 10Y*
- —
V3MA.DE vs. V3AA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
V3MA.DE Vanguard ESG Emerging Markets All Cap UCITS ETF (USD) Accumulating | 16.20% | 10.67% | 1.36% |
V3AA.DE Vanguard ESG Global All Cap UCITS ETF (USD) Acc | 12.77% | 7.60% | 5.36% |
Correlation
The correlation between V3MA.DE and V3AA.DE is 0.78, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.78 |
Correlation (All Time) Calculated using the full available price history since Nov 4, 2024 | 0.74 |
The correlation between V3MA.DE and V3AA.DE has been stable across timeframes, ranging from 0.74 to 0.78 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
V3MA.DE vs. V3AA.DE — Risk / Return Rank
V3MA.DE
V3AA.DE
V3MA.DE vs. V3AA.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard ESG Emerging Markets All Cap UCITS ETF (USD) Accumulating (V3MA.DE) and Vanguard ESG Global All Cap UCITS ETF (USD) Acc (V3AA.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.
| V3MA.DE | V3AA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.13 | ||
| Sortino ratioReturn per unit of downside risk | -0.18 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.40 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 3.45 | 3.30 | +0.15 |
| Martin ratioReturn relative to average drawdown | 11.63 | 13.32 | -1.69 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| V3MA.DE | V3AA.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.04 | 2.17 | -0.13 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.78 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.12 | 0.82 | +0.30 |
Drawdowns
V3MA.DE vs. V3AA.DE - Drawdown Comparison
The maximum V3MA.DE drawdown since its inception was -19.79%, smaller than the maximum V3AA.DE drawdown of -22.30%. Use the drawdown chart below to compare losses from any high point for V3MA.DE and V3AA.DE.
Loading charts...
Drawdown Indicators
| V3MA.DE | V3AA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.79% | -22.30% | +2.51% |
Max Drawdown (1Y)Largest decline over 1 year | -9.00% | -8.16% | -0.84% |
Max Drawdown (3Y)Largest decline over 3 years | — | -22.30% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -22.30% | — |
Current DrawdownCurrent decline from peak | -1.50% | -0.75% | -0.75% |
Average DrawdownAverage peak-to-trough decline | -3.29% | -5.91% | +2.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.68% | 2.03% | +0.65% |
Volatility
V3MA.DE vs. V3AA.DE - Volatility Comparison
Vanguard ESG Emerging Markets All Cap UCITS ETF (USD) Accumulating (V3MA.DE) has a higher volatility of 5.43% compared to Vanguard ESG Global All Cap UCITS ETF (USD) Acc (V3AA.DE) at 3.38%. This indicates that V3MA.DE's price experiences larger fluctuations and is considered to be riskier than V3AA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| V3MA.DE | V3AA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.43% | 3.38% | +2.05% |
Volatility (6M)Calculated over the trailing 6-month period | 12.23% | 9.13% | +3.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.26% | 12.42% | +2.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.83% | 14.42% | +2.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.83% | 14.33% | +2.50% |
V3MA.DE vs. V3AA.DE - Expense Ratio Comparison
Both V3MA.DE and V3AA.DE have an expense ratio of 0.24%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
V3MA.DE vs. V3AA.DE - Dividend Comparison
Neither V3MA.DE nor V3AA.DE has paid dividends to shareholders.
Frequently Asked Questions
V3MA.DE and V3AA.DE have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.24% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
V3MA.DE and V3AA.DE have the same expense ratio: 0.24% per year.
V3MA.DE is categorized as Emerging Markets Equities, while V3AA.DE is Global Equities. V3MA.DE tracks FTSE Emerging All Cap Choice, while V3AA.DE tracks FTSE Global All Cap Choice Index.
Find the right allocation for V3MA.DE and V3AA.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer