VGWE.DE vs. TDVX.DE
VGWE.DE (Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Acc) and TDVX.DE (VanEck Morningstar Developed Markets ex-US Dividend Leaders UCITS ETF A USD Acc) are both Dividend funds - VGWE.DE tracks the FTSE All-World High Dividend Yield Index while TDVX.DE tracks the Morningstar Developed Markets ex-US Large Cap Dividend Leaders Screened Select Index. Both are passively managed. Their correlation of 0.81 suggests significant overlap in exposure. VGWE.DE charges 0.29%/yr vs 0.38%/yr for TDVX.DE.
Performance
VGWE.DE vs. TDVX.DE - Performance Comparison
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Returns By Period
VGWE.DE
- 1D
- 0.23%
- 1M
- 2.28%
- YTD
- 12.43%
- 6M
- 13.64%
- 1Y
- 24.97%
- 3Y*
- 15.83%
- 5Y*
- 11.47%
- 10Y*
- —
TDVX.DE
- 1D
- 0.32%
- 1M
- -0.44%
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
VGWE.DE vs. TDVX.DE - Yearly Performance Comparison
Correlation
The correlation between VGWE.DE and TDVX.DE is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Apr 23, 2026 | 0.81 |
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Return for Risk
VGWE.DE vs. TDVX.DE — Risk / Return Rank
VGWE.DE
TDVX.DE
VGWE.DE vs. TDVX.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 Acc (VGWE.DE) and VanEck Morningstar Developed Markets ex-US Dividend Leaders UCITS ETF A USD Acc (TDVX.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.
| VGWE.DE | TDVX.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.47 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 4.11 | — | — |
| Martin ratioReturn relative to average drawdown | 15.82 | — | — |
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
| VGWE.DE | TDVX.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.60 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.99 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.10 | 0.88 | +0.22 |
Drawdowns
VGWE.DE vs. TDVX.DE - Drawdown Comparison
The maximum VGWE.DE drawdown since its inception was -16.43%, which is greater than TDVX.DE's maximum drawdown of -2.51%. Use the drawdown chart below to compare losses from any high point for VGWE.DE and TDVX.DE.
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Drawdown Indicators
| VGWE.DE | TDVX.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.43% | -2.51% | -13.92% |
Max Drawdown (1Y)Largest decline over 1 year | -6.00% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -16.43% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -16.43% | — | — |
Current DrawdownCurrent decline from peak | -0.37% | -1.99% | +1.62% |
Average DrawdownAverage peak-to-trough decline | -2.37% | -0.88% | -1.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.56% | — | — |
Volatility
VGWE.DE vs. TDVX.DE - Volatility Comparison
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Volatility by Period
| VGWE.DE | TDVX.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.38% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 7.18% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 9.47% | 11.32% | -1.85% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.51% | 11.32% | +0.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.23% | 11.32% | +0.91% |
VGWE.DE vs. TDVX.DE - Expense Ratio Comparison
VGWE.DE has a 0.29% expense ratio, which is lower than TDVX.DE's 0.38% expense ratio.
Dividends
VGWE.DE vs. TDVX.DE - Dividend Comparison
Neither VGWE.DE nor TDVX.DE has paid dividends to shareholders.
Frequently Asked Questions
VGWE.DE and TDVX.DE have a correlation of 0.81, 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 0.38% for TDVX.DE.
VGWE.DE tracks FTSE All-World High Dividend Yield Index, while TDVX.DE tracks Morningstar Developed Markets ex-US Large Cap Dividend Leaders Screened Select Index. They also come from different issuers: Vanguard and VanEck. Their fees differ too: 0.29% for VGWE.DE and 0.38% for TDVX.DE.
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