VGWL.DE vs. VGVF.DE
VGWL.DE (Vanguard FTSE All-World UCITS ETF Distributing) and VGVF.DE (Vanguard FTSE Developed World UCITS ETF Acc) are both Global Equities funds from Vanguard - VGWL.DE tracks the FTSE All-World while VGVF.DE tracks the FTSE Developed. Both are passively managed. Over the past 5 years, VGWL.DE returned 12.28%/yr vs 13.14%/yr for VGVF.DE. With a 0.97 correlation, they move nearly in lockstep. VGWL.DE charges 0.22%/yr vs 0.12%/yr for VGVF.DE.
Performance
VGWL.DE vs. VGVF.DE - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both stocks are quite close, with VGWL.DE having a 12.63% return and VGVF.DE slightly lower at 12.58%.
VGWL.DE
- 1D
- -0.24%
- 1M
- 3.64%
- YTD
- 12.63%
- 6M
- 12.78%
- 1Y
- 26.26%
- 3Y*
- 17.85%
- 5Y*
- 12.28%
- 10Y*
- —
VGVF.DE
- 1D
- -0.15%
- 1M
- 3.98%
- YTD
- 12.58%
- 6M
- 12.87%
- 1Y
- 26.34%
- 3Y*
- 18.25%
- 5Y*
- 13.14%
- 10Y*
- —
VGWL.DE vs. VGVF.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
VGWL.DE Vanguard FTSE All-World UCITS ETF Distributing | 12.63% | 9.18% | 24.40% | 18.17% | -13.48% | 28.60% | 3.22% |
VGVF.DE Vanguard FTSE Developed World UCITS ETF Acc | 12.58% | 8.99% | 24.73% | 20.35% | -13.58% | 31.62% | 3.27% |
Correlation
The correlation between VGWL.DE and VGVF.DE is 0.99 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.99 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.95 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.97 |
Correlation (All Time) Calculated using the full available price history since Feb 5, 2020 | 0.97 |
The correlation between VGWL.DE and VGVF.DE has been stable across timeframes, ranging from 0.95 to 0.99 - a consistent structural relationship.
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
VGWL.DE vs. VGVF.DE — Risk / Return Rank
VGWL.DE
VGVF.DE
VGWL.DE vs. VGVF.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard FTSE All-World UCITS ETF Distributing (VGWL.DE) and Vanguard FTSE Developed World UCITS ETF Acc (VGVF.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.
| VGWL.DE | VGVF.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.02 | ||
| Sortino ratioReturn per unit of downside risk | -0.01 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.44 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 3.99 | 4.19 | -0.19 |
| Martin ratioReturn relative to average drawdown | 16.38 | 17.27 | -0.89 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| VGWL.DE | VGVF.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.32 | 2.34 | -0.02 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.88 | 0.93 | -0.05 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.77 | 0.79 | -0.02 |
Drawdowns
VGWL.DE vs. VGVF.DE - Drawdown Comparison
The maximum VGWL.DE drawdown since its inception was -33.40%, roughly equal to the maximum VGVF.DE drawdown of -33.54%. Use the drawdown chart below to compare losses from any high point for VGWL.DE and VGVF.DE.
Loading charts...
Drawdown Indicators
| VGWL.DE | VGVF.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.40% | -33.54% | +0.14% |
Max Drawdown (1Y)Largest decline over 1 year | -6.57% | -6.28% | -0.29% |
Max Drawdown (3Y)Largest decline over 3 years | -21.04% | -21.17% | +0.13% |
Max Drawdown (5Y)Largest decline over 5 years | -21.04% | -21.17% | +0.13% |
Current DrawdownCurrent decline from peak | -0.64% | -0.55% | -0.09% |
Average DrawdownAverage peak-to-trough decline | -4.34% | -4.91% | +0.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.61% | 1.53% | +0.08% |
Volatility
VGWL.DE vs. VGVF.DE - Volatility Comparison
Vanguard FTSE All-World UCITS ETF Distributing (VGWL.DE) has a higher volatility of 3.02% compared to Vanguard FTSE Developed World UCITS ETF Acc (VGVF.DE) at 2.86%. This indicates that VGWL.DE's price experiences larger fluctuations and is considered to be riskier than VGVF.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| VGWL.DE | VGVF.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.02% | 2.86% | +0.16% |
Volatility (6M)Calculated over the trailing 6-month period | 8.13% | 8.02% | +0.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.29% | 11.22% | +0.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.76% | 13.96% | -0.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.51% | 16.23% | -0.72% |
VGWL.DE vs. VGVF.DE - Expense Ratio Comparison
VGWL.DE has a 0.22% expense ratio, which is higher than VGVF.DE's 0.12% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
VGWL.DE vs. VGVF.DE - Dividend Comparison
VGWL.DE's dividend yield for the trailing twelve months is around 1.24%, while VGVF.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
VGVF.DE Vanguard FTSE Developed World UCITS ETF Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VGWL.DE Vanguard FTSE All-World UCITS ETF Distributing | 1.24% | 1.42% | 1.48% | 1.73% | 2.09% | 1.43% | 1.56% | 1.87% | 2.26% | 0.37% |
Frequently Asked Questions
With a correlation of 0.99, VGWL.DE and VGVF.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, VGVF.DE is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VGVF.DE is cheaper with a 0.12% expense ratio, compared with 0.22% for VGWL.DE.
VGWL.DE tracks FTSE All-World, while VGVF.DE tracks FTSE Developed. Their fees differ too: 0.22% for VGWL.DE and 0.12% for VGVF.DE.
Find the right allocation for VGWL.DE and VGVF.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