V3YA.DE vs. VWCE.DE

Last updated Jun 5, 2026

V3YA.DE (Vanguard ESG North America All Cap UCITS ETF (USD) Accumulating) and VWCE.DE (Vanguard FTSE All-World UCITS ETF) are both exchange-traded funds - V3YA.DE is a Large Cap Blend Equities fund tracking the FTSE North America All Cap Choice Index, while VWCE.DE is a Global Equities fund tracking the FTSE All-World Index. Both are passively managed. Over the past 3 years, V3YA.DE returned 18.75%/yr vs 17.85%/yr for VWCE.DE. Their correlation of 0.95 suggests significant overlap in exposure. V3YA.DE charges 0.12%/yr vs 0.19%/yr for VWCE.DE.

Performance

V3YA.DE vs. VWCE.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Vanguard ESG North America All Cap UCITS ETF (USD) Accumulating (V3YA.DE) and Vanguard FTSE All-World UCITS ETF (VWCE.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, V3YA.DE achieves a 10.95% return, which is significantly lower than VWCE.DE's 12.64% return.

V3YA.DE

• 1D: 0.08%
• 1M: 6.20%
• YTD: 10.95%
• 6M: 11.28%
• 1Y: 25.61%
• 3Y*: 18.75%
• 5Y*: —
• 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)

V3YA.DE vs. VWCE.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
V3YA.DE Vanguard ESG North America All Cap UCITS ETF (USD) Accumulating	10.95%	4.20%	31.35%	26.80%	-17.33%
VWCE.DE Vanguard FTSE All-World UCITS ETF	12.64%	9.16%	24.41%	18.18%	-11.86%

Correlation

The correlation between V3YA.DE and VWCE.DE is 0.95, 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	0.95
Correlation (3Y) Calculated over the trailing 3-year period	0.94
Correlation (All Time) Calculated using the full available price history since Aug 19, 2022	0.95

The correlation between V3YA.DE and VWCE.DE has been stable across timeframes, ranging from 0.94 to 0.95 - a consistent structural relationship.

Return for Risk

V3YA.DE vs. VWCE.DE — Risk / Return Rank

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

V3YA.DE

V3YA.DE Risk / Return Rank: 58
V3YA.DE Sharpe Ratio Rank: 60
V3YA.DE Sortino Ratio Rank: 58
V3YA.DE Omega Ratio Rank: 60
V3YA.DE Calmar Ratio Rank: 54
V3YA.DE Martin Ratio Rank: 56

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.

V3YA.DE vs. VWCE.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard ESG North America All Cap UCITS ETF (USD) Accumulating (V3YA.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.

	V3YA.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	2.72	3.24	-0.52
Omega ratio: Gain probability vs. loss probability	1.36	1.43	-0.07
Calmar ratio: Return relative to maximum drawdown	2.66	4.01	-1.36
Martin ratio: Return relative to average drawdown	9.58	16.55	-6.97
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

V3YA.DE vs. VWCE.DE - Sharpe Ratio Comparison

The current V3YA.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 V3YA.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

	V3YA.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	—	0.88	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.83	0.79	+0.04

Drawdowns

V3YA.DE vs. VWCE.DE - Drawdown Comparison

The maximum V3YA.DE drawdown since its inception was -24.84%, smaller than the maximum VWCE.DE drawdown of -33.43%. Use the drawdown chart below to compare losses from any high point for V3YA.DE and VWCE.DE.

Drawdown Indicators

	V3YA.DE	VWCE.DE	Difference
Max Drawdown Largest peak-to-trough decline	-24.84%	-33.43%	+8.59%
Max Drawdown (1Y) Largest decline over 1 year	-9.60%	-6.55%	-3.05%
Max Drawdown (3Y) Largest decline over 3 years	-24.84%	-21.07%	-3.77%
Max Drawdown (5Y) Largest decline over 5 years	—	-21.07%	—
Current Drawdown Current decline from peak	-0.55%	-0.66%	+0.11%
Average Drawdown Average peak-to-trough decline	-5.31%	-4.69%	-0.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.67%	1.59%	+1.08%

Volatility

V3YA.DE vs. VWCE.DE - Volatility Comparison

Vanguard ESG North America All Cap UCITS ETF (USD) Accumulating (V3YA.DE) and Vanguard FTSE All-World UCITS ETF (VWCE.DE) have volatilities of 3.17% 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

	V3YA.DE	VWCE.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.17%	3.06%	+0.11%
Volatility (6M) Calculated over the trailing 6-month period	8.80%	8.18%	+0.62%
Volatility (1Y) Calculated over the trailing 1-year period	12.86%	11.37%	+1.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.58%	13.75%	+1.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.58%	16.16%	-0.58%

V3YA.DE vs. VWCE.DE - Expense Ratio Comparison

V3YA.DE has a 0.12% expense ratio, which is lower than VWCE.DE's 0.19% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

V3YA.DE vs. VWCE.DE - Dividend Comparison

Neither V3YA.DE nor VWCE.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both V3YA.DE and VWCE.DE in my portfolio?

With a correlation of 0.95, V3YA.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, V3YA.DE or VWCE.DE?

On fees, V3YA.DE is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, V3YA.DE or VWCE.DE?

V3YA.DE is cheaper with a 0.12% expense ratio, compared with 0.19% for VWCE.DE.

What is the main difference between V3YA.DE and VWCE.DE?

V3YA.DE is categorized as Large Cap Blend Equities, while VWCE.DE is Global Equities. V3YA.DE tracks FTSE North America All Cap Choice Index, while VWCE.DE tracks FTSE All-World Index. Their fees differ too: 0.12% for V3YA.DE and 0.19% for VWCE.DE.