VGWE.DE vs. VFEA.DE
VGWE.DE (Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Acc) and VFEA.DE (Vanguard FTSE Emerging Markets UCITS ETF Acc) are both exchange-traded funds - VGWE.DE is a Dividend fund tracking the FTSE All-World High Dividend Yield Index, while VFEA.DE is a Emerging Markets Equities fund tracking the FTSE Emerging. Both are passively managed. Over the past 5 years, VGWE.DE returned 11.47%/yr vs 5.93%/yr for VFEA.DE. A 0.59 correlation means they provide meaningful diversification when combined. VGWE.DE charges 0.29%/yr vs 0.22%/yr for VFEA.DE.
Performance
VGWE.DE vs. VFEA.DE - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with VGWE.DE having a 12.43% return and VFEA.DE slightly higher at 12.59%.
VGWE.DE
- 1D
- 0.23%
- 1M
- 3.30%
- YTD
- 12.43%
- 6M
- 14.13%
- 1Y
- 24.76%
- 3Y*
- 15.83%
- 5Y*
- 11.47%
- 10Y*
- —
VFEA.DE
- 1D
- -0.47%
- 1M
- 2.09%
- YTD
- 12.59%
- 6M
- 13.26%
- 1Y
- 26.84%
- 3Y*
- 15.02%
- 5Y*
- 5.93%
- 10Y*
- —
VGWE.DE vs. VFEA.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% |
VFEA.DE Vanguard FTSE Emerging Markets UCITS ETF Acc | 12.59% | 11.25% | 19.29% | 3.31% | -10.70% | 6.34% | 16.83% |
Correlation
The correlation between VGWE.DE and VFEA.DE is 0.56, 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 | 0.56 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.58 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.58 |
Correlation (All Time) Calculated using the full available price history since Jun 4, 2020 | 0.59 |
The correlation between VGWE.DE and VFEA.DE has been stable across timeframes, ranging from 0.56 to 0.59 - a consistent structural relationship.
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Return for Risk
VGWE.DE vs. VFEA.DE — Risk / Return Rank
VGWE.DE
VFEA.DE
VGWE.DE vs. VFEA.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 FTSE Emerging Markets UCITS ETF Acc (VFEA.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 | VFEA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.79 | ||
| Sortino ratioReturn per unit of downside risk | +1.04 | ||
| Omega ratioGain probability vs. loss probability | 1.47 | 1.33 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 4.11 | 3.17 | +0.94 |
| Martin ratioReturn relative to average drawdown | 15.82 | 10.71 | +5.11 |
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 | VFEA.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.60 | 1.82 | +0.79 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.99 | 0.37 | +0.61 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.10 | 0.43 | +0.67 |
Drawdowns
VGWE.DE vs. VFEA.DE - Drawdown Comparison
The maximum VGWE.DE drawdown since its inception was -16.43%, smaller than the maximum VFEA.DE drawdown of -30.51%. Use the drawdown chart below to compare losses from any high point for VGWE.DE and VFEA.DE.
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Drawdown Indicators
| VGWE.DE | VFEA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.43% | -30.51% | +14.08% |
Max Drawdown (1Y)Largest decline over 1 year | -6.00% | -8.44% | +2.44% |
Max Drawdown (3Y)Largest decline over 3 years | -16.43% | -18.97% | +2.54% |
Max Drawdown (5Y)Largest decline over 5 years | -16.43% | -19.99% | +3.56% |
Current DrawdownCurrent decline from peak | -0.37% | -1.85% | +1.48% |
Average DrawdownAverage peak-to-trough decline | -2.37% | -8.59% | +6.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.56% | 2.50% | -0.94% |
Volatility
VGWE.DE vs. VFEA.DE - Volatility Comparison
The current volatility for Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Acc (VGWE.DE) is 2.38%, while Vanguard FTSE Emerging Markets UCITS ETF Acc (VFEA.DE) has a volatility of 5.45%. This indicates that VGWE.DE experiences smaller price fluctuations and is considered to be less risky than VFEA.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 | VFEA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.38% | 5.45% | -3.07% |
Volatility (6M)Calculated over the trailing 6-month period | 7.18% | 11.82% | -4.64% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.47% | 14.70% | -5.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.51% | 15.69% | -4.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.23% | 18.20% | -5.97% |
VGWE.DE vs. VFEA.DE - Expense Ratio Comparison
VGWE.DE has a 0.29% expense ratio, which is higher than VFEA.DE's 0.22% expense ratio.
Dividends
VGWE.DE vs. VFEA.DE - Dividend Comparison
Neither VGWE.DE nor VFEA.DE has paid dividends to shareholders.
Frequently Asked Questions
VGWE.DE and VFEA.DE have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VFEA.DE is cheaper at 0.22% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VFEA.DE is cheaper with a 0.22% expense ratio, compared with 0.29% for VGWE.DE.
VGWE.DE is categorized as Dividend, while VFEA.DE is Emerging Markets Equities. VGWE.DE tracks FTSE All-World High Dividend Yield Index, while VFEA.DE tracks FTSE Emerging. Their fees differ too: 0.29% for VGWE.DE and 0.22% for VFEA.DE.
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