VGVF.DE vs. XD9U.DE

Last updated Jun 5, 2026

VGVF.DE (Vanguard FTSE Developed World UCITS ETF Acc) and XD9U.DE (Xtrackers MSCI USA UCITS ETF 1C) are both exchange-traded funds - VGVF.DE is a Global Equities fund tracking the FTSE Developed, while XD9U.DE is a Large Cap Blend Equities fund tracking the MSCI USA. Both are passively managed. Over the past 5 years, VGVF.DE returned 13.14%/yr vs 14.38%/yr for XD9U.DE. With a 0.96 correlation, they move nearly in lockstep. VGVF.DE charges 0.12%/yr vs 0.07%/yr for XD9U.DE.

Performance

VGVF.DE vs. XD9U.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Vanguard FTSE Developed World UCITS ETF Acc (VGVF.DE) and Xtrackers MSCI USA UCITS ETF 1C (XD9U.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VGVF.DE achieves a 12.58% return, which is significantly higher than XD9U.DE's 11.32% return.

VGVF.DE

• 1D: -0.15%
• 1M: 3.98%
• YTD: 12.58%
• 6M: 12.87%
• 1Y: 26.34%
• 3Y*: 18.25%
• 5Y*: 13.14%
• 10Y*: —

XD9U.DE

• 1D: -0.07%
• 1M: 5.37%
• YTD: 11.32%
• 6M: 11.19%
• 1Y: 25.17%
• 3Y*: 19.02%
• 5Y*: 14.38%
• 10Y*: 14.92%

*Multi-year figures are annualized to reflect compound growth (CAGR)

VGVF.DE vs. XD9U.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
VGVF.DE Vanguard FTSE Developed World UCITS ETF Acc	12.58%	8.99%	24.73%	20.35%	-13.58%	31.62%	3.27%
XD9U.DE Xtrackers MSCI USA UCITS ETF 1C	11.32%	4.60%	32.32%	23.38%	-15.69%	38.71%	5.31%

Correlation

The correlation between VGVF.DE and XD9U.DE is 0.96 - 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	0.96
Correlation (3Y) Calculated over the trailing 3-year period	0.94
Correlation (5Y) Calculated over the trailing 5-year period	0.96
Correlation (All Time) Calculated using the full available price history since Feb 5, 2020	0.96

The correlation between VGVF.DE and XD9U.DE has been stable across timeframes, ranging from 0.94 to 0.96 - a consistent structural relationship.

Return for Risk

VGVF.DE vs. XD9U.DE — Risk / Return Rank

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

VGVF.DE

VGVF.DE Risk / Return Rank: 77
VGVF.DE Sharpe Ratio Rank: 73
VGVF.DE Sortino Ratio Rank: 73
VGVF.DE Omega Ratio Rank: 75
VGVF.DE Calmar Ratio Rank: 81
VGVF.DE Martin Ratio Rank: 85

XD9U.DE

XD9U.DE Risk / Return Rank: 67
XD9U.DE Sharpe Ratio Rank: 66
XD9U.DE Sortino Ratio Rank: 63
XD9U.DE Omega Ratio Rank: 67
XD9U.DE Calmar Ratio Rank: 70
XD9U.DE Martin Ratio Rank: 66

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.

VGVF.DE vs. XD9U.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard FTSE Developed World UCITS ETF Acc (VGVF.DE) and Xtrackers MSCI USA UCITS ETF 1C (XD9U.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.

	VGVF.DE	XD9U.DE	Difference
Sharpe ratio: Return per unit of total volatility	2.34	2.15	+0.20
Sortino ratio: Return per unit of downside risk	3.26	2.92	+0.34
Omega ratio: Gain probability vs. loss probability	1.44	1.40	+0.04
Calmar ratio: Return relative to maximum drawdown	4.19	3.43	+0.75
Martin ratio: Return relative to average drawdown	17.27	11.92	+5.35
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VGVF.DE vs. XD9U.DE - Sharpe Ratio Comparison

The current VGVF.DE Sharpe Ratio is 2.34, which is comparable to the XD9U.DE Sharpe Ratio of 2.15. The chart below compares the historical Sharpe Ratios of VGVF.DE and XD9U.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

	VGVF.DE	XD9U.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.34	2.15	+0.20
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.93	0.92	+0.01
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.91	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.79	0.90	-0.11

Drawdowns

VGVF.DE vs. XD9U.DE - Drawdown Comparison

The maximum VGVF.DE drawdown since its inception was -33.54%, roughly equal to the maximum XD9U.DE drawdown of -34.11%. Use the drawdown chart below to compare losses from any high point for VGVF.DE and XD9U.DE.

Drawdown Indicators

	VGVF.DE	XD9U.DE	Difference
Max Drawdown Largest peak-to-trough decline	-33.54%	-34.11%	+0.57%
Max Drawdown (1Y) Largest decline over 1 year	-6.28%	-7.30%	+1.02%
Max Drawdown (3Y) Largest decline over 3 years	-21.17%	-23.68%	+2.51%
Max Drawdown (5Y) Largest decline over 5 years	-21.17%	-23.68%	+2.51%
Max Drawdown (10Y) Largest decline over 10 years	—	-34.11%	—
Current Drawdown Current decline from peak	-0.55%	-0.38%	-0.17%
Average Drawdown Average peak-to-trough decline	-4.91%	-4.37%	-0.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.53%	2.11%	-0.58%

Volatility

VGVF.DE vs. XD9U.DE - Volatility Comparison

Vanguard FTSE Developed World UCITS ETF Acc (VGVF.DE) has a higher volatility of 2.86% compared to Xtrackers MSCI USA UCITS ETF 1C (XD9U.DE) at 2.71%. This indicates that VGVF.DE's price experiences larger fluctuations and is considered to be riskier than XD9U.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VGVF.DE	XD9U.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.86%	2.71%	+0.15%
Volatility (6M) Calculated over the trailing 6-month period	8.02%	7.64%	+0.38%
Volatility (1Y) Calculated over the trailing 1-year period	11.22%	11.68%	-0.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.96%	15.42%	-1.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.23%	16.23%	0.00%

VGVF.DE vs. XD9U.DE - Expense Ratio Comparison

VGVF.DE has a 0.12% expense ratio, which is higher than XD9U.DE's 0.07% 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

VGVF.DE vs. XD9U.DE - Dividend Comparison

Neither VGVF.DE nor XD9U.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both VGVF.DE and XD9U.DE in my portfolio?

With a correlation of 0.96, VGVF.DE and XD9U.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, VGVF.DE or XD9U.DE?

On fees, XD9U.DE is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, VGVF.DE or XD9U.DE?

XD9U.DE is cheaper with a 0.07% expense ratio, compared with 0.12% for VGVF.DE.

What is the main difference between VGVF.DE and XD9U.DE?

VGVF.DE is categorized as Global Equities, while XD9U.DE is Large Cap Blend Equities. VGVF.DE tracks FTSE Developed, while XD9U.DE tracks MSCI USA. They also come from different issuers: Vanguard and Xtrackers. Their fees differ too: 0.12% for VGVF.DE and 0.07% for XD9U.DE.