VGWE.DE vs. VVSM.DE
VGWE.DE (Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Accumulating) and VVSM.DE (VanEck Semiconductor UCITS ETF) are both exchange-traded funds - VGWE.DE is a Dividend fund tracking the FTSE All-World High Dividend Yield Index, while VVSM.DE is a Semiconductors fund tracking the MVIS US Listed Semiconductor 10% Capped ESG Index. Both are passively managed. Over the past 5 years, VGWE.DE returned 12.25%/yr vs 36.40%/yr for VVSM.DE. At a 0.49 correlation, their price movements are largely independent. VGWE.DE charges 0.29%/yr vs 0.35%/yr for VVSM.DE.
Performance
VGWE.DE vs. VVSM.DE - Performance Comparison
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Returns By Period
In the year-to-date period, VGWE.DE achieves a 16.24% return, which is significantly lower than VVSM.DE's 80.30% return.
VGWE.DE
- 1D
- 0.00%
- 1M
- 1.91%
- 6M
- 12.22%
- YTD
- 16.24%
- 1Y
- 28.52%
- 3Y*
- 17.50%
- 5Y*
- 12.25%
- 10Y*
- —
VVSM.DE
- 1D
- -3.66%
- 1M
- -7.73%
- 6M
- 65.61%
- YTD
- 80.30%
- 1Y
- 126.86%
- 3Y*
- 53.22%
- 5Y*
- 36.40%
- 10Y*
- —
VGWE.DE vs. VVSM.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% | 2.00% |
VVSM.DE VanEck Semiconductor UCITS ETF | 80.30% | 33.22% | 31.47% | 70.20% | -32.79% | 58.38% | -15.76% |
Correlation
The correlation between VGWE.DE and VVSM.DE is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.39 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.42 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.50 |
Correlation (All Time) Calculated using the full available price history since Dec 1, 2020 | 0.49 |
The correlation between VGWE.DE and VVSM.DE shifts across timeframes, from 0.39 (1 year) to 0.50 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
VGWE.DE vs. VVSM.DE — Risk / Return Rank
VGWE.DE
VVSM.DE
VGWE.DE vs. VVSM.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 VanEck Semiconductor UCITS ETF (VVSM.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 | VVSM.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.42 | ||
| Sortino ratioReturn per unit of downside risk | +0.52 | ||
| Omega ratioGain probability vs. loss probability | 1.56 | 1.48 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 4.73 | 9.29 | -4.56 |
| Martin ratioReturn relative to average drawdown | 18.75 | 30.71 | -11.96 |
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Drawdowns
VGWE.DE vs. VVSM.DE - Drawdown Comparison
The maximum VGWE.DE drawdown since its inception was -16.43%, smaller than the maximum VVSM.DE drawdown of -37.65%. Use the drawdown chart below to compare losses from any high point for VGWE.DE and VVSM.DE.
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Drawdown Indicators
| VGWE.DE | VVSM.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.43% | -37.65% | +21.22% |
Max Drawdown (1Y)Largest decline over 1 year | -6.00% | -13.58% | +7.58% |
Max Drawdown (3Y)Largest decline over 3 years | -16.43% | -37.52% | +21.09% |
Max Drawdown (5Y)Largest decline over 5 years | -16.43% | -37.65% | +21.22% |
Current DrawdownCurrent decline from peak | -0.16% | -12.11% | +11.95% |
Average DrawdownAverage peak-to-trough decline | -2.33% | -10.40% | +8.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.52% | 4.12% | -2.60% |
Volatility
VGWE.DE vs. VVSM.DE - Volatility Comparison
The current volatility for Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Accumulating (VGWE.DE) is 1.82%, while VanEck Semiconductor UCITS ETF (VVSM.DE) has a volatility of 16.15%. This indicates that VGWE.DE experiences smaller price fluctuations and is considered to be less risky than VVSM.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 | VVSM.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.82% | 16.15% | -14.33% |
Volatility (6M)Calculated over the trailing 6-month period | 7.11% | 29.25% | -22.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.37% | 36.61% | -27.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.49% | 32.17% | -20.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.18% | 32.33% | -20.15% |
VGWE.DE vs. VVSM.DE - Expense Ratio Comparison
VGWE.DE has a 0.29% expense ratio, which is lower than VVSM.DE's 0.35% expense ratio.
Dividends
VGWE.DE vs. VVSM.DE - Dividend Comparison
Neither VGWE.DE nor VVSM.DE has paid dividends to shareholders.
Frequently Asked Questions
VGWE.DE and VVSM.DE have a correlation of 0.39, 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 VVSM.DE.
VGWE.DE is categorized as Dividend, while VVSM.DE is Semiconductors. VGWE.DE tracks FTSE All-World High Dividend Yield Index, while VVSM.DE tracks MVIS US Listed Semiconductor 10% Capped ESG Index. They also come from different issuers: Vanguard and VanEck. Their fees differ too: 0.29% for VGWE.DE and 0.35% for VVSM.DE.
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