VGWE.DE vs. VAGF.DE
VGWE.DE (Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Acc) and VAGF.DE (Vanguard Global Aggregate Bond UCITS ETF (EUR Hedged) Acc) are both exchange-traded funds - VGWE.DE is a Dividend fund tracking the FTSE All-World High Dividend Yield Index, while VAGF.DE is a Global Bonds fund tracking the Bloomberg Global Aggregate Float Adjusted and Scaled (EUR Hedged). Both are passively managed. Over the past 5 years, VGWE.DE returned 11.47%/yr vs -1.66%/yr for VAGF.DE. At a 0.05 correlation, their price movements are largely independent. VGWE.DE charges 0.29%/yr vs 0.10%/yr for VAGF.DE.
Performance
VGWE.DE vs. VAGF.DE - Performance Comparison
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Returns By Period
In the year-to-date period, VGWE.DE achieves a 12.43% return, which is significantly higher than VAGF.DE's -0.68% return.
VGWE.DE
- 1D
- 0.23%
- 1M
- 2.28%
- YTD
- 12.43%
- 6M
- 13.64%
- 1Y
- 24.97%
- 3Y*
- 15.83%
- 5Y*
- 11.47%
- 10Y*
- —
VAGF.DE
- 1D
- 0.09%
- 1M
- -0.28%
- YTD
- -0.68%
- 6M
- -0.37%
- 1Y
- 1.16%
- 3Y*
- 2.04%
- 5Y*
- -1.66%
- 10Y*
- —
VGWE.DE vs. VAGF.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
VGWE.DE Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Acc | 12.43% | 12.81% | 15.59% | 7.89% | 0.02% | 27.83% | 6.23% |
VAGF.DE Vanguard Global Aggregate Bond UCITS ETF (EUR Hedged) Acc | -0.68% | 3.23% | 0.82% | 4.53% | -14.84% | -2.97% | 2.35% |
Correlation
The correlation between VGWE.DE and VAGF.DE is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.19 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.08 |
Correlation (All Time) Calculated using the full available price history since Jun 4, 2020 | 0.05 |
Over the past year, VGWE.DE and VAGF.DE have become more correlated (0.29) than their long-term average of 0.05, meaning their price movements have been converging.
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Return for Risk
VGWE.DE vs. VAGF.DE — Risk / Return Rank
VGWE.DE
VAGF.DE
VGWE.DE vs. VAGF.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 Vanguard Global Aggregate Bond UCITS ETF (EUR Hedged) Acc (VAGF.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 | VAGF.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.28 | ||
| Sortino ratioReturn per unit of downside risk | +3.15 | ||
| Omega ratioGain probability vs. loss probability | 1.47 | 1.06 | +0.41 |
| Calmar ratioReturn relative to maximum drawdown | 4.11 | 0.38 | +3.72 |
| Martin ratioReturn relative to average drawdown | 15.82 | 1.06 | +14.77 |
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 | VAGF.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.60 | 0.33 | +2.28 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.99 | -0.33 | +1.32 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.10 | -0.17 | +1.27 |
Drawdowns
VGWE.DE vs. VAGF.DE - Drawdown Comparison
The maximum VGWE.DE drawdown since its inception was -16.43%, smaller than the maximum VAGF.DE drawdown of -19.57%. Use the drawdown chart below to compare losses from any high point for VGWE.DE and VAGF.DE.
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Drawdown Indicators
| VGWE.DE | VAGF.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.43% | -19.57% | +3.14% |
Max Drawdown (1Y)Largest decline over 1 year | -6.00% | -3.11% | -2.89% |
Max Drawdown (3Y)Largest decline over 3 years | -16.43% | -4.45% | -11.98% |
Max Drawdown (5Y)Largest decline over 5 years | -16.43% | -18.79% | +2.36% |
Current DrawdownCurrent decline from peak | -0.37% | -10.73% | +10.36% |
Average DrawdownAverage peak-to-trough decline | -2.37% | -8.99% | +6.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.56% | 1.13% | +0.43% |
Volatility
VGWE.DE vs. VAGF.DE - Volatility Comparison
Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Acc (VGWE.DE) has a higher volatility of 2.38% compared to Vanguard Global Aggregate Bond UCITS ETF (EUR Hedged) Acc (VAGF.DE) at 1.55%. This indicates that VGWE.DE's price experiences larger fluctuations and is considered to be riskier than VAGF.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VGWE.DE | VAGF.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.38% | 1.55% | +0.83% |
Volatility (6M)Calculated over the trailing 6-month period | 7.18% | 2.98% | +4.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.47% | 3.63% | +5.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.51% | 4.90% | +6.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.23% | 4.71% | +7.52% |
VGWE.DE vs. VAGF.DE - Expense Ratio Comparison
VGWE.DE has a 0.29% expense ratio, which is higher than VAGF.DE's 0.10% expense ratio.
Dividends
VGWE.DE vs. VAGF.DE - Dividend Comparison
Neither VGWE.DE nor VAGF.DE has paid dividends to shareholders.
Frequently Asked Questions
VGWE.DE and VAGF.DE have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VAGF.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VAGF.DE is cheaper with a 0.10% expense ratio, compared with 0.29% for VGWE.DE.
VGWE.DE is categorized as Dividend, while VAGF.DE is Global Bonds. VGWE.DE tracks FTSE All-World High Dividend Yield Index, while VAGF.DE tracks Bloomberg Global Aggregate Float Adjusted and Scaled (EUR Hedged). Their fees differ too: 0.29% for VGWE.DE and 0.10% for VAGF.DE.
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