VHYG.L vs. MVOL.L
Compare and contrast key facts about Vanguard FTSE All-World High Dividend Yield UCITS ETF (VHYG.L) and iShares Edge MSCI World Minimum Volatility UCITS (MVOL.L).
VHYG.L and MVOL.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VHYG.L is a passively managed fund by Vanguard that tracks the performance of the MSCI World High Dividend Yield NR USD. It was launched on Sep 24, 2019. MVOL.L is a passively managed fund by iShares that tracks the performance of the MSCI ACWI NR USD. It was launched on Nov 30, 2012. Both VHYG.L and MVOL.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VHYG.L or MVOL.L.
Key characteristics
| VHYG.L | MVOL.L | |
|---|---|---|
| YTD Return | 12.07% | 14.72% |
| 1Y Return | 18.12% | 21.09% |
| 3Y Return (Ann) | 7.85% | 4.42% |
| 5Y Return (Ann) | 7.87% | 6.03% |
| Sharpe Ratio | 0.55 | 2.68 |
| Sortino Ratio | 1.06 | 3.82 |
| Omega Ratio | 1.33 | 1.47 |
| Calmar Ratio | 0.88 | 2.54 |
| Martin Ratio | 1.47 | 15.00 |
| Ulcer Index | 11.98% | 1.29% |
| Daily Std Dev | 31.53% | 7.35% |
| Max Drawdown | -28.15% | -28.82% |
| Current Drawdown | -5.53% | -1.34% |
Correlation
The correlation between VHYG.L and MVOL.L is 0.74, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
VHYG.L vs. MVOL.L - Performance Comparison
In the year-to-date period, VHYG.L achieves a 12.07% return, which is significantly lower than MVOL.L's 14.72% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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VHYG.L vs. MVOL.L - Expense Ratio Comparison
VHYG.L has a 0.29% expense ratio, which is lower than MVOL.L's 0.35% expense ratio.
Risk-Adjusted Performance
VHYG.L vs. MVOL.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard FTSE All-World High Dividend Yield UCITS ETF (VHYG.L) and iShares Edge MSCI World Minimum Volatility UCITS (MVOL.L). 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.
Dividends
VHYG.L vs. MVOL.L - Dividend Comparison
Neither VHYG.L nor MVOL.L has paid dividends to shareholders.
Drawdowns
VHYG.L vs. MVOL.L - Drawdown Comparison
The maximum VHYG.L drawdown since its inception was -28.15%, roughly equal to the maximum MVOL.L drawdown of -28.82%. Use the drawdown chart below to compare losses from any high point for VHYG.L and MVOL.L. For additional features, visit the drawdowns tool.
Volatility
VHYG.L vs. MVOL.L - Volatility Comparison
Vanguard FTSE All-World High Dividend Yield UCITS ETF (VHYG.L) has a higher volatility of 2.64% compared to iShares Edge MSCI World Minimum Volatility UCITS (MVOL.L) at 2.09%. This indicates that VHYG.L's price experiences larger fluctuations and is considered to be riskier than MVOL.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.