VGWE.DE vs. SPYD.DE
VGWE.DE (Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Accumulating) and SPYD.DE (State Street SPDR S&P U.S. Dividend Aristocrats UCITS ETF (Dist)) are both Dividend funds - VGWE.DE tracks the FTSE All-World High Dividend Yield Index while SPYD.DE tracks the S&P High Yield Dividend Aristocrats Index. Both are passively managed. Over the past 5 years, VGWE.DE returned 12.25%/yr vs 7.89%/yr for SPYD.DE. A 0.76 correlation means they provide meaningful diversification when combined. VGWE.DE charges 0.29%/yr vs 0.35%/yr for SPYD.DE.
Performance
VGWE.DE vs. SPYD.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, VGWE.DE achieves a 16.24% return, which is significantly higher than SPYD.DE's 15.34% return.
VGWE.DE
- 1D
- -0.22%
- 1M
- 1.35%
- 6M
- 11.24%
- YTD
- 16.24%
- 1Y
- 27.89%
- 3Y*
- 17.24%
- 5Y*
- 12.25%
- 10Y*
- —
SPYD.DE
- 1D
- 0.35%
- 1M
- 4.14%
- 6M
- 9.13%
- YTD
- 15.34%
- 1Y
- 16.70%
- 3Y*
- 9.44%
- 5Y*
- 7.89%
- 10Y*
- 8.39%
VGWE.DE vs. SPYD.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
VGWE.DE Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Accumulating | 16.24% | 12.81% | 15.59% | 7.89% | 0.02% | 27.81% | 7.83% |
SPYD.DE State Street SPDR S&P U.S. Dividend Aristocrats UCITS ETF (Dist) | 15.34% | -3.53% | 14.02% | -1.46% | 5.40% | 36.24% | 5.49% |
Correlation
The correlation between VGWE.DE and SPYD.DE is 0.63, 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 | 0.63 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.69 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.75 |
Correlation (All Time) Calculated using the full available price history since Jun 3, 2020 | 0.76 |
The correlation between VGWE.DE and SPYD.DE shifts across timeframes, from 0.63 (1 year) to 0.76 (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
VGWE.DE vs. SPYD.DE — Risk / Return Rank
VGWE.DE
SPYD.DE
VGWE.DE vs. SPYD.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 Accumulating (VGWE.DE) and State Street SPDR S&P U.S. Dividend Aristocrats UCITS ETF (Dist) (SPYD.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| VGWE.DE | SPYD.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.32 | ||
| Sortino ratioReturn per unit of downside risk | +1.75 | ||
| Omega ratioGain probability vs. loss probability | 1.55 | 1.29 | +0.26 |
| Calmar ratioReturn relative to maximum drawdown | 4.63 | 2.70 | +1.93 |
| Martin ratioReturn relative to average drawdown | 18.34 | 6.94 | +11.40 |
Loading charts...
Drawdowns
VGWE.DE vs. SPYD.DE - Drawdown Comparison
The maximum VGWE.DE drawdown since its inception was -16.43%, smaller than the maximum SPYD.DE drawdown of -35.89%. Use the drawdown chart below to compare losses from any high point for VGWE.DE and SPYD.DE.
Loading charts...
Drawdown Indicators
| VGWE.DE | SPYD.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.43% | -35.89% | +19.46% |
Max Drawdown (1Y)Largest decline over 1 year | -6.00% | -6.16% | +0.16% |
Max Drawdown (3Y)Largest decline over 3 years | -16.43% | -19.35% | +2.92% |
Max Drawdown (5Y)Largest decline over 5 years | -16.43% | -19.35% | +2.92% |
Max Drawdown (10Y)Largest decline over 10 years | — | -35.89% | — |
Current DrawdownCurrent decline from peak | -0.22% | -0.32% | +0.10% |
Average DrawdownAverage peak-to-trough decline | -2.33% | -6.55% | +4.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.52% | 2.40% | -0.88% |
Volatility
VGWE.DE vs. SPYD.DE - Volatility Comparison
The current volatility for Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Accumulating (VGWE.DE) is 1.75%, while State Street SPDR S&P U.S. Dividend Aristocrats UCITS ETF (Dist) (SPYD.DE) has a volatility of 3.24%. This indicates that VGWE.DE experiences smaller price fluctuations and is considered to be less risky than SPYD.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| VGWE.DE | SPYD.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.75% | 3.24% | -1.49% |
Volatility (6M)Calculated over the trailing 6-month period | 7.04% | 7.31% | -0.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.33% | 10.12% | -0.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.49% | 13.48% | -1.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.17% | 15.84% | -3.67% |
VGWE.DE vs. SPYD.DE - Expense Ratio Comparison
VGWE.DE has a 0.29% expense ratio, which is lower than SPYD.DE's 0.35% expense ratio.
Dividends
VGWE.DE vs. SPYD.DE - Dividend Comparison
VGWE.DE has not paid dividends to shareholders, while SPYD.DE's dividend yield for the trailing twelve months is around 1.96%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPYD.DE State Street SPDR S&P U.S. Dividend Aristocrats UCITS ETF (Dist) | 1.96% | 2.23% | 1.97% | 2.30% | 2.16% | 2.07% | 2.52% | 2.01% | 1.66% | 1.87% | 1.74% | 2.02% |
VGWE.DE Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Accumulating | 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
VGWE.DE and SPYD.DE have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VGWE.DE is cheaper at 0.29% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VGWE.DE is cheaper with a 0.29% expense ratio, compared with 0.35% for SPYD.DE.
VGWE.DE tracks FTSE All-World High Dividend Yield Index, while SPYD.DE tracks S&P High Yield Dividend Aristocrats Index. They also come from different issuers: Vanguard and State Street. Their fees differ too: 0.29% for VGWE.DE and 0.35% for SPYD.DE.
Find the right allocation for VGWE.DE and SPYD.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