VDIV.DE vs. XDEM.DE
VDIV.DE (VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF) and XDEM.DE (Xtrackers MSCI World Momentum Factor UCITS ETF 1C) are both exchange-traded funds - VDIV.DE is a Global Equities fund tracking the Morningstar Developed Markets Large Cap Dividend Leaders Screened Select Index, while XDEM.DE is a Momentum fund tracking the MSCI World Momentum Index. Both are passively managed. Over the past 5 years, VDIV.DE returned 17.69%/yr vs 15.28%/yr for XDEM.DE. A 0.55 correlation means they provide meaningful diversification when combined. VDIV.DE charges 0.38%/yr vs 0.25%/yr for XDEM.DE.
Performance
VDIV.DE vs. XDEM.DE - Performance Comparison
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Returns By Period
In the year-to-date period, VDIV.DE achieves a 10.63% return, which is significantly lower than XDEM.DE's 29.03% return.
VDIV.DE
- 1D
- 0.25%
- 1M
- -0.40%
- YTD
- 10.63%
- 6M
- 10.86%
- 1Y
- 28.67%
- 3Y*
- 20.75%
- 5Y*
- 17.69%
- 10Y*
- —
XDEM.DE
- 1D
- 1.63%
- 1M
- 6.79%
- YTD
- 29.03%
- 6M
- 28.98%
- 1Y
- 40.31%
- 3Y*
- 28.45%
- 5Y*
- 15.28%
- 10Y*
- 16.73%
VDIV.DE vs. XDEM.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
VDIV.DE VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF | 10.63% | 24.58% | 15.66% | 11.45% | 15.47% | 27.94% | -11.00% | 23.04% | -2.35% |
XDEM.DE Xtrackers MSCI World Momentum Factor UCITS ETF 1C | 29.03% | 8.09% | 38.22% | 8.18% | -13.65% | 24.74% | 16.54% | 31.58% | -3.67% |
Correlation
The correlation between VDIV.DE and XDEM.DE is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.38 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.52 |
Correlation (All Time) Calculated using the full available price history since Dec 11, 2018 | 0.55 |
Over the past year, the correlation between VDIV.DE and XDEM.DE has dropped to 0.29 - well below their long-term average of 0.55, suggesting their price drivers have been diverging.
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Return for Risk
VDIV.DE vs. XDEM.DE — Risk / Return Rank
VDIV.DE
XDEM.DE
VDIV.DE vs. XDEM.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF (VDIV.DE) and Xtrackers MSCI World Momentum Factor UCITS ETF 1C (XDEM.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.
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.
| VDIV.DE | XDEM.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.77 | ||
| Sortino ratioReturn per unit of downside risk | +0.98 | ||
| Omega ratioGain probability vs. loss probability | 1.57 | 1.40 | +0.16 |
| Calmar ratioReturn relative to maximum drawdown | 7.75 | 4.45 | +3.30 |
| Martin ratioReturn relative to average drawdown | 23.02 | 16.95 | +6.07 |
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Drawdowns
VDIV.DE vs. XDEM.DE - Drawdown Comparison
The maximum VDIV.DE drawdown since its inception was -36.13%, which is greater than XDEM.DE's maximum drawdown of -30.94%. Use the drawdown chart below to compare losses from any high point for VDIV.DE and XDEM.DE.
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Drawdown Indicators
| VDIV.DE | XDEM.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.13% | -30.94% | -5.19% |
Max Drawdown (1Y)Largest decline over 1 year | -3.68% | -9.01% | +5.33% |
Max Drawdown (3Y)Largest decline over 3 years | -15.13% | -23.51% | +8.38% |
Max Drawdown (5Y)Largest decline over 5 years | -15.13% | -23.51% | +8.38% |
Max Drawdown (10Y)Largest decline over 10 years | — | -30.94% | — |
Current DrawdownCurrent decline from peak | -1.64% | -1.24% | -0.40% |
Average DrawdownAverage peak-to-trough decline | -4.20% | -7.38% | +3.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.24% | 2.37% | -1.13% |
Volatility
VDIV.DE vs. XDEM.DE - Volatility Comparison
The current volatility for VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF (VDIV.DE) is 2.32%, while Xtrackers MSCI World Momentum Factor UCITS ETF 1C (XDEM.DE) has a volatility of 6.97%. This indicates that VDIV.DE experiences smaller price fluctuations and is considered to be less risky than XDEM.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VDIV.DE | XDEM.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.32% | 6.97% | -4.65% |
Volatility (6M)Calculated over the trailing 6-month period | 7.08% | 15.01% | -7.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.49% | 17.90% | -8.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.94% | 17.51% | -5.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.33% | 18.14% | -2.81% |
VDIV.DE vs. XDEM.DE - Expense Ratio Comparison
VDIV.DE has a 0.38% expense ratio, which is higher than XDEM.DE's 0.25% expense ratio.
Dividends
VDIV.DE vs. XDEM.DE - Dividend Comparison
VDIV.DE's dividend yield for the trailing twelve months is around 3.17%, while XDEM.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
VDIV.DE VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF | 3.17% | 3.58% | 4.19% | 4.97% | 4.56% | 3.97% | 4.11% | 4.35% | 0.91% |
XDEM.DE Xtrackers MSCI World Momentum Factor UCITS ETF 1C | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
VDIV.DE and XDEM.DE have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XDEM.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XDEM.DE is cheaper with a 0.25% expense ratio, compared with 0.38% for VDIV.DE.
VDIV.DE is categorized as Global Equities, while XDEM.DE is Momentum. VDIV.DE tracks Morningstar Developed Markets Large Cap Dividend Leaders Screened Select Index, while XDEM.DE tracks MSCI World Momentum Index. They also come from different issuers: VanEck and DWS. Their fees differ too: 0.38% for VDIV.DE and 0.25% for XDEM.DE.
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