VGWD.DE vs. VGWL.DE
VGWD.DE (Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Distributing) and VGWL.DE (Vanguard FTSE All-World UCITS ETF Distributing) are both Global Equities funds from Vanguard - VGWD.DE tracks the FTSE All-World High Dividend Yield index while VGWL.DE tracks the FTSE All-World. Both are passively managed. Over the past 5 years, VGWD.DE returned 11.49%/yr vs 12.28%/yr for VGWL.DE. Their correlation of 0.87 suggests significant overlap in exposure. VGWD.DE charges 0.29%/yr vs 0.22%/yr for VGWL.DE.
Performance
VGWD.DE vs. VGWL.DE - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both investments are quite close, with VGWD.DE having a 12.49% return and VGWL.DE slightly higher at 12.63%.
VGWD.DE
- 1D
- 0.19%
- 1M
- 3.35%
- YTD
- 12.49%
- 6M
- 14.15%
- 1Y
- 25.00%
- 3Y*
- 15.87%
- 5Y*
- 11.49%
- 10Y*
- —
VGWL.DE
- 1D
- -0.24%
- 1M
- 5.01%
- YTD
- 12.63%
- 6M
- 13.34%
- 1Y
- 26.36%
- 3Y*
- 17.85%
- 5Y*
- 12.28%
- 10Y*
- —
VGWD.DE vs. VGWL.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VGWD.DE Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Distributing | 12.49% | 13.16% | 15.75% | 7.29% | 0.08% | 27.90% | -9.60% | 25.03% | -8.03% | 1.24% |
VGWL.DE Vanguard FTSE All-World UCITS ETF Distributing | 12.63% | 9.18% | 24.40% | 18.17% | -13.48% | 28.60% | 5.38% | 30.12% | -6.03% | 2.20% |
Correlation
The correlation between VGWD.DE and VGWL.DE is 0.76, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.76 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.80 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.83 |
Correlation (All Time) Calculated using the full available price history since Oct 27, 2017 | 0.87 |
The correlation between VGWD.DE and VGWL.DE shifts across timeframes, from 0.76 (1 year) to 0.87 (all time), reflecting how their relationship changes across market environments.
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
VGWD.DE vs. VGWL.DE — Risk / Return Rank
VGWD.DE
VGWL.DE
VGWD.DE vs. VGWL.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Distributing (VGWD.DE) and Vanguard FTSE All-World UCITS ETF Distributing (VGWL.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.
| VGWD.DE | VGWL.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.38 | ||
| Sortino ratioReturn per unit of downside risk | +0.53 | ||
| Omega ratioGain probability vs. loss probability | 1.50 | 1.44 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 4.28 | 3.99 | +0.29 |
| Martin ratioReturn relative to average drawdown | 16.37 | 16.38 | -0.01 |
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
| VGWD.DE | VGWL.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.70 | 2.32 | +0.38 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.99 | 0.88 | +0.10 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.64 | 0.77 | -0.13 |
Drawdowns
VGWD.DE vs. VGWL.DE - Drawdown Comparison
The maximum VGWD.DE drawdown since its inception was -34.57%, roughly equal to the maximum VGWL.DE drawdown of -33.40%. Use the drawdown chart below to compare losses from any high point for VGWD.DE and VGWL.DE.
Loading charts...
Drawdown Indicators
| VGWD.DE | VGWL.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.57% | -33.40% | -1.17% |
Max Drawdown (1Y)Largest decline over 1 year | -5.82% | -6.57% | +0.75% |
Max Drawdown (3Y)Largest decline over 3 years | -16.86% | -21.04% | +4.18% |
Max Drawdown (5Y)Largest decline over 5 years | -16.86% | -21.04% | +4.18% |
Current DrawdownCurrent decline from peak | -0.32% | -0.64% | +0.32% |
Average DrawdownAverage peak-to-trough decline | -4.05% | -4.34% | +0.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.52% | 1.61% | -0.09% |
Volatility
VGWD.DE vs. VGWL.DE - Volatility Comparison
The current volatility for Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Distributing (VGWD.DE) is 2.33%, while Vanguard FTSE All-World UCITS ETF Distributing (VGWL.DE) has a volatility of 3.02%. This indicates that VGWD.DE experiences smaller price fluctuations and is considered to be less risky than VGWL.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| VGWD.DE | VGWL.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.33% | 3.02% | -0.69% |
Volatility (6M)Calculated over the trailing 6-month period | 6.95% | 8.13% | -1.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.21% | 11.29% | -2.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.52% | 13.76% | -2.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.23% | 15.51% | -1.28% |
VGWD.DE vs. VGWL.DE - Expense Ratio Comparison
VGWD.DE has a 0.29% expense ratio, which is higher than VGWL.DE's 0.22% expense ratio.
Dividends
VGWD.DE vs. VGWL.DE - Dividend Comparison
VGWD.DE's dividend yield for the trailing twelve months is around 2.49%, more than VGWL.DE's 1.24% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
VGWD.DE Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Distributing | 2.49% | 2.84% | 3.05% | 3.39% | 3.78% | 3.03% | 3.08% | 3.21% | 3.70% | 0.58% |
VGWL.DE Vanguard FTSE All-World UCITS ETF Distributing | 1.24% | 1.42% | 1.48% | 1.73% | 2.09% | 1.43% | 1.56% | 1.87% | 2.26% | 0.37% |
Frequently Asked Questions
VGWD.DE and VGWL.DE have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VGWL.DE is cheaper at 0.22% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VGWL.DE is cheaper with a 0.22% expense ratio, compared with 0.29% for VGWD.DE.
VGWD.DE tracks FTSE All-World High Dividend Yield index, while VGWL.DE tracks FTSE All-World. Their fees differ too: 0.29% for VGWD.DE and 0.22% for VGWL.DE.
Find the right allocation for VGWD.DE and VGWL.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