VEVE.L vs. XDEQ.DE
VEVE.L (Vanguard FTSE Developed World UCITS ETF Distributing) and XDEQ.DE (Xtrackers MSCI World Quality Factor UCITS ETF 1C) are both Global Equities funds tracking the MSCI ACWI NR USD, from Vanguard and Xtrackers respectively. Both are passively managed. Over the past 10 years, VEVE.L returned 14.04%/yr vs 13.47%/yr for XDEQ.DE. Their correlation of 0.81 suggests significant overlap in exposure. VEVE.L charges 0.12%/yr vs 0.25%/yr for XDEQ.DE.
Performance
VEVE.L vs. XDEQ.DE - Performance Comparison
Loading charts...
Different Trading Currencies
VEVE.L is traded in GBP, while XDEQ.DE is traded in EUR. To make them comparable, the XDEQ.DE values have been converted to GBP using the latest available exchange rates.
Returns By Period
In the year-to-date period, VEVE.L achieves a 11.86% return, which is significantly higher than XDEQ.DE's 8.62% return. Both investments have delivered pretty close results over the past 10 years, with VEVE.L having a 14.04% annualized return and XDEQ.DE not far behind at 13.47%.
VEVE.L
- 1D
- -0.07%
- 1M
- 5.51%
- YTD
- 11.86%
- 6M
- 12.36%
- 1Y
- 29.91%
- 3Y*
- 18.36%
- 5Y*
- 13.29%
- 10Y*
- 14.04%
XDEQ.DE
- 1D
- 0.92%
- 1M
- 4.53%
- YTD
- 8.62%
- 6M
- 9.12%
- 1Y
- 22.23%
- 3Y*
- 15.35%
- 5Y*
- 11.58%
- 10Y*
- 13.47%
VEVE.L vs. XDEQ.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VEVE.L Vanguard FTSE Developed World UCITS ETF Distributing | 11.86% | 13.81% | 20.22% | 17.45% | -8.34% | 22.68% | 12.44% | 22.90% | -4.39% | 12.62% |
XDEQ.DE Xtrackers MSCI World Quality Factor UCITS ETF 1C | 8.62% | 8.22% | 18.41% | 19.40% | -10.29% | 25.14% | 10.36% | 27.20% | -1.96% | 11.69% |
Correlation
The correlation between VEVE.L and XDEQ.DE is 0.89, 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 | 0.89 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.90 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.91 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.85 |
Correlation (All Time) Calculated using the full available price history since Oct 2, 2014 | 0.81 |
The correlation between VEVE.L and XDEQ.DE has been stable across timeframes, ranging from 0.81 to 0.91 - 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
VEVE.L vs. XDEQ.DE — Risk / Return Rank
VEVE.L
XDEQ.DE
VEVE.L vs. XDEQ.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard FTSE Developed World UCITS ETF Distributing (VEVE.L) and Xtrackers MSCI World Quality Factor UCITS ETF 1C (XDEQ.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.
| VEVE.L | XDEQ.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.72 | ||
| Sortino ratioReturn per unit of downside risk | +0.88 | ||
| Omega ratioGain probability vs. loss probability | 1.55 | 1.40 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | 4.29 | 3.28 | +1.01 |
| Martin ratioReturn relative to average drawdown | 17.65 | 13.78 | +3.87 |
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
| VEVE.L | XDEQ.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.89 | 2.17 | +0.72 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.01 | 0.83 | +0.18 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.98 | 0.94 | +0.04 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.91 | 0.92 | 0.00 |
Drawdowns
VEVE.L vs. XDEQ.DE - Drawdown Comparison
The maximum VEVE.L drawdown since its inception was -25.52%, roughly equal to the maximum XDEQ.DE drawdown of -24.58%. Use the drawdown chart below to compare losses from any high point for VEVE.L and XDEQ.DE.
Loading charts...
Drawdown Indicators
| VEVE.L | XDEQ.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.52% | -24.58% | -0.94% |
Max Drawdown (1Y)Largest decline over 1 year | -6.94% | -6.74% | -0.20% |
Max Drawdown (3Y)Largest decline over 3 years | -18.34% | -18.71% | +0.37% |
Max Drawdown (5Y)Largest decline over 5 years | -18.34% | -18.71% | +0.37% |
Max Drawdown (10Y)Largest decline over 10 years | -25.52% | -24.58% | -0.94% |
Current DrawdownCurrent decline from peak | -0.35% | 0.00% | -0.35% |
Average DrawdownAverage peak-to-trough decline | -3.41% | -3.71% | +0.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.69% | 1.61% | +0.08% |
Volatility
VEVE.L vs. XDEQ.DE - Volatility Comparison
Vanguard FTSE Developed World UCITS ETF Distributing (VEVE.L) and Xtrackers MSCI World Quality Factor UCITS ETF 1C (XDEQ.DE) have volatilities of 2.72% and 2.70%, 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.
Loading charts...
Volatility by Period
| VEVE.L | XDEQ.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.72% | 2.70% | +0.02% |
Volatility (6M)Calculated over the trailing 6-month period | 7.55% | 7.22% | +0.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.31% | 10.20% | +0.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.09% | 13.73% | -0.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.33% | 15.18% | -0.85% |
VEVE.L vs. XDEQ.DE - Expense Ratio Comparison
VEVE.L has a 0.12% expense ratio, which is lower than XDEQ.DE's 0.25% 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
VEVE.L vs. XDEQ.DE - Dividend Comparison
VEVE.L's dividend yield for the trailing twelve months is around 1.23%, while XDEQ.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VEVE.L Vanguard FTSE Developed World UCITS ETF Distributing | 1.23% | 1.38% | 1.48% | 1.71% | 1.98% | 1.46% | 1.62% | 1.95% | 2.24% | 1.93% | 1.88% | 2.03% |
XDEQ.DE Xtrackers MSCI World Quality Factor UCITS ETF 1C | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
VEVE.L and XDEQ.DE have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VEVE.L is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VEVE.L is cheaper with a 0.12% expense ratio, compared with 0.25% for XDEQ.DE.
Both ETFs track MSCI ACWI NR USD. They also come from different issuers: Vanguard and Xtrackers. Their fees differ too: 0.12% for VEVE.L and 0.25% for XDEQ.DE.
Find the right allocation for VEVE.L and XDEQ.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