VHYG.L vs. PRWU.L

Last updated Jun 5, 2026

VHYG.L (Vanguard FTSE All-World High Dividend Yield UCITS ETF) and PRWU.L (Amundi Prime Global UCITS ETF DR (C)) are both Global Equities funds - VHYG.L tracks the MSCI World High Dividend Yield NR USD while PRWU.L tracks the MSCI ACWI NR USD. Both are passively managed. At a 0.49 correlation, their price movements are largely independent. VHYG.L charges 0.29%/yr vs 0.05%/yr for PRWU.L.

Performance

VHYG.L vs. PRWU.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Vanguard FTSE All-World High Dividend Yield UCITS ETF (VHYG.L) and Amundi Prime Global UCITS ETF DR (C) (PRWU.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

VHYG.L is traded in GBP, while PRWU.L is traded in USD. To make them comparable, the PRWU.L values have been converted to GBP using the latest available exchange rates.

Returns By Period

VHYG.L

• 1D: 0.37%
• 1M: 2.49%
• YTD: 11.62%
• 6M: 12.92%
• 1Y: 28.77%
• 3Y*: 15.99%
• 5Y*: 11.68%
• 10Y*: —

PRWU.L

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

VHYG.L vs. PRWU.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
VHYG.L Vanguard FTSE All-World High Dividend Yield UCITS ETF	11.62%	18.36%	10.99%	5.01%	6.46%
PRWU.L Amundi Prime Global UCITS ETF DR (C)	0.00%	0.00%	20.63%	18.25%	1.23%

Correlation

The correlation between VHYG.L and PRWU.L is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.44
Correlation (All Time) Calculated using the full available price history since Jul 14, 2022	0.49

VHYG.L vs. PRWU.L - Sectors Allocation Comparison

Sectors	VHYG.L	PRWU.L
Financial Services	28.6%	15.8%
Industrials	12.3%	9.9%
Healthcare	11.2%	10.7%
Energy	9.4%	4.0%
Consumer Defensive	8.7%	6.1%
Technology	7.7%	27.0%
Consumer Cyclical	7.0%	10.5%
Utilities	5.7%	2.7%
Basic Materials	5.1%	3.2%
Communication Services	3.5%	8.1%
Real Estate	0.9%	2.1%

Return for Risk

VHYG.L vs. PRWU.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

VHYG.L

VHYG.L Risk / Return Rank: 86
VHYG.L Sharpe Ratio Rank: 90
VHYG.L Sortino Ratio Rank: 90
VHYG.L Omega Ratio Rank: 90
VHYG.L Calmar Ratio Rank: 80
VHYG.L Martin Ratio Rank: 78

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

VHYG.L vs. PRWU.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard FTSE All-World High Dividend Yield UCITS ETF (VHYG.L) and Amundi Prime Global UCITS ETF DR (C) (PRWU.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.

	VHYG.L	PRWU.L	Difference
Sharpe ratio: Return per unit of total volatility	3.10	—	—
Sortino ratio: Return per unit of downside risk	4.11	—	—
Omega ratio: Gain probability vs. loss probability	1.58	—	—
Calmar ratio: Return relative to maximum drawdown	4.10	—	—
Martin ratio: Return relative to average drawdown	14.82	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	VHYG.L	PRWU.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.10	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.05	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.42	—	—

Drawdowns

Drawdown Indicators

	VHYG.L	PRWU.L	Difference
Max Drawdown Largest peak-to-trough decline	-39.80%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-6.93%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-12.76%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-12.76%	—	—
Current Drawdown Current decline from peak	0.00%	—	—
Average Drawdown Average peak-to-trough decline	-8.23%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	1.92%	—	—

Volatility

Volatility by Period

	VHYG.L	PRWU.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.27%	—	—
Volatility (6M) Calculated over the trailing 6-month period	7.12%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	9.16%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.12%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.91%	—	—

VHYG.L vs. PRWU.L - Expense Ratio Comparison

VHYG.L has a 0.29% expense ratio, which is higher than PRWU.L's 0.05% expense ratio.

Dividends

VHYG.L vs. PRWU.L - Dividend Comparison

Neither VHYG.L nor PRWU.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both VHYG.L and PRWU.L in my portfolio?

VHYG.L and PRWU.L have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, VHYG.L or PRWU.L?

On fees, PRWU.L is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, VHYG.L or PRWU.L?

PRWU.L is cheaper with a 0.05% expense ratio, compared with 0.29% for VHYG.L.

What is the main difference between VHYG.L and PRWU.L?

VHYG.L tracks MSCI World High Dividend Yield NR USD, while PRWU.L tracks MSCI ACWI NR USD. They also come from different issuers: Vanguard and Amundi. Their fees differ too: 0.29% for VHYG.L and 0.05% for PRWU.L.