VGVE.DE vs. MWOL.DE
VGVE.DE (Vanguard FTSE Developed World UCITS ETF Distributing) and MWOL.DE (Amundi Prime Global UCITS ETF Dist) are both Global Equities funds - VGVE.DE tracks the FTSE Developed while MWOL.DE tracks the Solactive GBS Developed Markets Large & Mid Cap USD Index Net TR. Both are passively managed. Over the past 5 years, VGVE.DE returned 12.95%/yr vs 11.86%/yr for MWOL.DE. With a 0.96 correlation, they move nearly in lockstep. VGVE.DE charges 0.12%/yr vs 0.05%/yr for MWOL.DE.
Performance
VGVE.DE vs. MWOL.DE - Performance Comparison
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Returns By Period
In the year-to-date period, VGVE.DE achieves a 12.54% return, which is significantly higher than MWOL.DE's 10.87% return.
VGVE.DE
- 1D
- -0.18%
- 1M
- 5.25%
- YTD
- 12.54%
- 6M
- 13.19%
- 1Y
- 26.14%
- 3Y*
- 18.04%
- 5Y*
- 12.95%
- 10Y*
- —
MWOL.DE
- 1D
- -0.04%
- 1M
- 4.83%
- YTD
- 10.87%
- 6M
- 11.46%
- 1Y
- 24.25%
- 3Y*
- 17.01%
- 5Y*
- 11.86%
- 10Y*
- —
VGVE.DE vs. MWOL.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
VGVE.DE Vanguard FTSE Developed World UCITS ETF Distributing | 12.54% | 8.78% | 24.92% | 19.91% | -13.71% | 31.39% | 5.44% | 16.04% |
MWOL.DE Amundi Prime Global UCITS ETF Dist | 10.87% | 8.53% | 25.60% | 18.54% | -15.49% | 30.82% | 3.73% | 15.10% |
Correlation
The correlation between VGVE.DE and MWOL.DE is 0.99 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.99 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.98 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.98 |
Correlation (All Time) Calculated using the full available price history since Mar 26, 2019 | 0.96 |
The correlation between VGVE.DE and MWOL.DE has been stable across timeframes, ranging from 0.96 to 0.99 - a consistent structural relationship.
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Return for Risk
VGVE.DE vs. MWOL.DE — Risk / Return Rank
VGVE.DE
MWOL.DE
VGVE.DE vs. MWOL.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard FTSE Developed World UCITS ETF Distributing (VGVE.DE) and Amundi Prime Global UCITS ETF Dist (MWOL.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.
| VGVE.DE | MWOL.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.15 | ||
| Sortino ratioReturn per unit of downside risk | +0.20 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.40 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 4.15 | 3.67 | +0.48 |
| Martin ratioReturn relative to average drawdown | 17.12 | 14.63 | +2.49 |
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
| VGVE.DE | MWOL.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.32 | 2.17 | +0.15 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.91 | 0.83 | +0.09 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.79 | 0.77 | +0.02 |
Drawdowns
VGVE.DE vs. MWOL.DE - Drawdown Comparison
The maximum VGVE.DE drawdown since its inception was -33.63%, roughly equal to the maximum MWOL.DE drawdown of -33.56%. Use the drawdown chart below to compare losses from any high point for VGVE.DE and MWOL.DE.
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Drawdown Indicators
| VGVE.DE | MWOL.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.63% | -33.56% | -0.07% |
Max Drawdown (1Y)Largest decline over 1 year | -6.27% | -6.58% | +0.31% |
Max Drawdown (3Y)Largest decline over 3 years | -21.26% | -21.64% | +0.38% |
Max Drawdown (5Y)Largest decline over 5 years | -21.26% | -21.64% | +0.38% |
Current DrawdownCurrent decline from peak | -0.58% | -0.37% | -0.21% |
Average DrawdownAverage peak-to-trough decline | -4.35% | -4.89% | +0.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.52% | 1.65% | -0.13% |
Volatility
VGVE.DE vs. MWOL.DE - Volatility Comparison
Vanguard FTSE Developed World UCITS ETF Distributing (VGVE.DE) has a higher volatility of 2.88% compared to Amundi Prime Global UCITS ETF Dist (MWOL.DE) at 2.63%. This indicates that VGVE.DE's price experiences larger fluctuations and is considered to be riskier than MWOL.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VGVE.DE | MWOL.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.88% | 2.63% | +0.25% |
Volatility (6M)Calculated over the trailing 6-month period | 7.93% | 7.71% | +0.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.23% | 11.12% | +0.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.00% | 14.20% | -0.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.63% | 16.46% | -0.83% |
VGVE.DE vs. MWOL.DE - Expense Ratio Comparison
VGVE.DE has a 0.12% expense ratio, which is higher than MWOL.DE's 0.05% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
VGVE.DE vs. MWOL.DE - Dividend Comparison
VGVE.DE's dividend yield for the trailing twelve months is around 1.06%, less than MWOL.DE's 1.19% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
MWOL.DE Amundi Prime Global UCITS ETF Dist | 1.19% | 1.67% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VGVE.DE Vanguard FTSE Developed World UCITS ETF Distributing | 1.06% | 1.22% | 1.36% | 1.59% | 1.93% | 1.22% | 1.40% | 1.67% | 1.95% | 0.34% |
Frequently Asked Questions
With a correlation of 0.99, VGVE.DE and MWOL.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.
On fees, MWOL.DE is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
MWOL.DE is cheaper with a 0.05% expense ratio, compared with 0.12% for VGVE.DE.
VGVE.DE tracks FTSE Developed, while MWOL.DE tracks Solactive GBS Developed Markets Large & Mid Cap USD Index Net TR. They also come from different issuers: Vanguard and Amundi. Their fees differ too: 0.12% for VGVE.DE and 0.05% for MWOL.DE.
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