VGER.DE vs. EXS2.DE
VGER.DE (Vanguard Germany All Cap UCITS ETF Dist) and EXS2.DE (iShares TecDAX UCITS ETF (DE)) are both Europe Equities funds - VGER.DE tracks the FTSE Germany All Cap while EXS2.DE tracks the TecDAX®. Both are passively managed. Over the past 5 years, VGER.DE returned 7.30%/yr vs 3.72%/yr for EXS2.DE. A 0.77 correlation means they provide meaningful diversification when combined. VGER.DE charges 0.10%/yr vs 0.51%/yr for EXS2.DE.
Performance
VGER.DE vs. EXS2.DE - Performance Comparison
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Returns By Period
In the year-to-date period, VGER.DE achieves a 2.83% return, which is significantly lower than EXS2.DE's 15.70% return.
VGER.DE
- 1D
- 0.30%
- 1M
- 2.57%
- YTD
- 2.83%
- 6M
- 5.80%
- 1Y
- 2.42%
- 3Y*
- 14.77%
- 5Y*
- 7.30%
- 10Y*
- —
EXS2.DE
- 1D
- 0.52%
- 1M
- 10.51%
- YTD
- 15.70%
- 6M
- 16.91%
- 1Y
- 6.46%
- 3Y*
- 8.54%
- 5Y*
- 3.72%
- 10Y*
- 9.01%
VGER.DE vs. EXS2.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
VGER.DE Vanguard Germany All Cap UCITS ETF Dist | 2.83% | 21.13% | 16.18% | 19.26% | -17.51% | 12.84% | 3.89% | 23.04% | -15.57% |
EXS2.DE iShares TecDAX UCITS ETF (DE) | 15.70% | 5.33% | 1.63% | 13.54% | -26.00% | 21.07% | 6.12% | 22.25% | -14.65% |
Correlation
The correlation between VGER.DE and EXS2.DE is 0.82, 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 | 0.82 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.84 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.83 |
Correlation (All Time) Calculated using the full available price history since Jul 20, 2018 | 0.77 |
The correlation between VGER.DE and EXS2.DE has been stable across timeframes, ranging from 0.77 to 0.84 - a consistent structural relationship.
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Return for Risk
VGER.DE vs. EXS2.DE — Risk / Return Rank
VGER.DE
EXS2.DE
VGER.DE vs. EXS2.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Germany All Cap UCITS ETF Dist (VGER.DE) and iShares TecDAX UCITS ETF (DE) (EXS2.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.
| VGER.DE | EXS2.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.21 | ||
| Sortino ratioReturn per unit of downside risk | -0.31 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 1.07 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 0.21 | 0.40 | -0.19 |
| Martin ratioReturn relative to average drawdown | 0.59 | 0.80 | -0.21 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| VGER.DE | EXS2.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.15 | 0.36 | -0.21 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.42 | 0.20 | +0.23 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.46 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.39 | 0.14 | +0.25 |
Drawdowns
VGER.DE vs. EXS2.DE - Drawdown Comparison
The maximum VGER.DE drawdown since its inception was -38.64%, smaller than the maximum EXS2.DE drawdown of -84.49%. Use the drawdown chart below to compare losses from any high point for VGER.DE and EXS2.DE.
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Drawdown Indicators
| VGER.DE | EXS2.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.64% | -84.49% | +45.85% |
Max Drawdown (1Y)Largest decline over 1 year | -11.74% | -16.12% | +4.38% |
Max Drawdown (3Y)Largest decline over 3 years | -15.63% | -17.93% | +2.30% |
Max Drawdown (5Y)Largest decline over 5 years | -31.17% | -34.97% | +3.80% |
Max Drawdown (10Y)Largest decline over 10 years | — | -34.97% | — |
Current DrawdownCurrent decline from peak | -1.75% | -0.81% | -0.94% |
Average DrawdownAverage peak-to-trough decline | -7.16% | -39.46% | +32.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.08% | 8.07% | -3.99% |
Volatility
VGER.DE vs. EXS2.DE - Volatility Comparison
The current volatility for Vanguard Germany All Cap UCITS ETF Dist (VGER.DE) is 4.79%, while iShares TecDAX UCITS ETF (DE) (EXS2.DE) has a volatility of 5.29%. This indicates that VGER.DE experiences smaller price fluctuations and is considered to be less risky than EXS2.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VGER.DE | EXS2.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.79% | 5.29% | -0.50% |
Volatility (6M)Calculated over the trailing 6-month period | 12.70% | 14.25% | -1.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.77% | 17.83% | -2.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.01% | 18.80% | -1.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.57% | 19.47% | +0.10% |
VGER.DE vs. EXS2.DE - Expense Ratio Comparison
VGER.DE has a 0.10% expense ratio, which is lower than EXS2.DE's 0.51% expense ratio.
Dividends
VGER.DE vs. EXS2.DE - Dividend Comparison
VGER.DE's dividend yield for the trailing twelve months is around 2.13%, while EXS2.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EXS2.DE iShares TecDAX UCITS ETF (DE) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.04% | 0.15% | 0.25% | 0.36% |
VGER.DE Vanguard Germany All Cap UCITS ETF Dist | 2.13% | 2.12% | 2.40% | 2.96% | 4.07% | 1.86% | 2.93% | 2.55% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
VGER.DE and EXS2.DE have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VGER.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VGER.DE is cheaper with a 0.10% expense ratio, compared with 0.51% for EXS2.DE.
VGER.DE tracks FTSE Germany All Cap, while EXS2.DE tracks TecDAX®. They also come from different issuers: Vanguard and iShares. Their fees differ too: 0.10% for VGER.DE and 0.51% for EXS2.DE.
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