VHYL.L vs. XGSD.L

Last updated Jul 7, 2026

VHYL.L (Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Distributing) and XGSD.L (Xtrackers Stoxx Global Select Dividend 100 Swap UCITS ETF 1D) are both exchange-traded funds - VHYL.L is a Dividend fund tracking the FTSE All-World High Dividend Yield Index, while XGSD.L is a Global Equity Income fund tracking the STOXX Global Select Dividend 100. Both are passively managed. Over the past 10 years, VHYL.L returned 9.91%/yr vs 9.01%/yr for XGSD.L. Their correlation of 0.91 suggests significant overlap in exposure. VHYL.L charges 0.29%/yr vs 0.50%/yr for XGSD.L.

Performance

VHYL.L vs. XGSD.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 USD Distributing (VHYL.L) and Xtrackers Stoxx Global Select Dividend 100 Swap UCITS ETF 1D (XGSD.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

VHYL.L is traded in GBP, while XGSD.L is traded in GBp. To make them comparable, the XGSD.L values have been converted to GBP using the latest available exchange rates.

Returns By Period

In the year-to-date period, VHYL.L achieves a 13.90% return, which is significantly higher than XGSD.L's 12.88% return. Over the past 10 years, VHYL.L has outperformed XGSD.L with an annualized return of 9.91%, while XGSD.L has yielded a comparatively lower 9.01% annualized return.

VHYL.L

• 1D: 0.07%
• 1M: 2.36%
• 6M: 13.20%
• YTD: 13.90%
• 1Y: 27.86%
• 3Y*: 17.68%
• 5Y*: 12.14%
• 10Y*: 9.91%

XGSD.L

• 1D: -0.03%
• 1M: 0.73%
• 6M: 11.93%
• YTD: 12.88%
• 1Y: 29.05%
• 3Y*: 20.37%
• 5Y*: 11.33%
• 10Y*: 9.01%

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

VHYL.L vs. XGSD.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VHYL.L Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Distributing	13.90%	18.23%	11.22%	5.25%	5.95%	19.23%	-3.53%	17.00%	-6.59%	8.80%
XGSD.L Xtrackers Stoxx Global Select Dividend 100 Swap UCITS ETF 1D	12.88%	25.51%	9.10%	2.83%	4.27%	14.85%	-3.40%	16.23%	-5.61%	7.01%

Correlation

The correlation between VHYL.L and XGSD.L is 0.85, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.85
Correlation (3Y) Calculated over the trailing 3-year period	0.84
Correlation (5Y) Calculated over the trailing 5-year period	0.86
Correlation (10Y) Calculated over the trailing 10-year period	0.90
Correlation (All Time) Calculated using the full available price history since May 21, 2013	0.91

The correlation between VHYL.L and XGSD.L has been stable across timeframes, ranging from 0.84 to 0.91 - a consistent structural relationship.

VHYL.L vs. XGSD.L - Sectors Allocation Comparison

Sectors	VHYL.L	XGSD.L
Financial Services	28.2%	40.5%
Industrials	12.2%	9.3%
Healthcare	11.1%	1.9%
Technology	9.5%	2.2%
Energy	8.7%	8.1%
Consumer Defensive	8.5%	6.8%
Consumer Cyclical	7.2%	8.7%
Utilities	5.3%	6.5%
Basic Materials	5.2%	6.1%
Communication Services	3.4%	3.1%
Real Estate	0.8%	6.9%

Return for Risk

VHYL.L vs. XGSD.L — Risk / Return Rank

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

VHYL.L

VHYL.L Risk / Return Rank: 91
VHYL.L Sharpe Ratio Rank: 96
VHYL.L Sortino Ratio Rank: 95
VHYL.L Omega Ratio Rank: 95
VHYL.L Calmar Ratio Rank: 86
VHYL.L Martin Ratio Rank: 85

XGSD.L

XGSD.L Risk / Return Rank: 95
XGSD.L Sharpe Ratio Rank: 96
XGSD.L Sortino Ratio Rank: 96
XGSD.L Omega Ratio Rank: 96
XGSD.L Calmar Ratio Rank: 94
XGSD.L Martin Ratio Rank: 94

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.

VHYL.L vs. XGSD.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 USD Distributing (VHYL.L) and Xtrackers Stoxx Global Select Dividend 100 Swap UCITS ETF 1D (XGSD.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.

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.

	VHYL.L	XGSD.L	Difference
Sharpe ratio: Return per unit of total volatility	3.22	3.44	-0.22
Sortino ratio: Return per unit of downside risk	4.34	4.79	-0.45
Omega ratio: Gain probability vs. loss probability	1.62	1.64	-0.02
Calmar ratio: Return relative to maximum drawdown	3.99	6.07	-2.08
Martin ratio: Return relative to average drawdown	14.42	22.46	-8.04

VHYL.L vs. XGSD.L - Sharpe Ratio Comparison

The current VHYL.L Sharpe Ratio is 3.22, which is comparable to the XGSD.L Sharpe Ratio of 3.44. The chart below compares the historical Sharpe Ratios of VHYL.L and XGSD.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

VHYL.L vs. XGSD.L - Drawdown Comparison

The maximum VHYL.L drawdown since its inception was -27.87%, smaller than the maximum XGSD.L drawdown of -63.91%. Use the drawdown chart below to compare losses from any high point for VHYL.L and XGSD.L.

Drawdown Indicators

	VHYL.L	XGSD.L	Difference
Max Drawdown Largest peak-to-trough decline	-27.87%	-63.91%	+36.04%
Max Drawdown (1Y) Largest decline over 1 year	-6.95%	-4.76%	-2.19%
Max Drawdown (3Y) Largest decline over 3 years	-12.79%	-11.54%	-1.25%
Max Drawdown (5Y) Largest decline over 5 years	-12.79%	-15.37%	+2.58%
Max Drawdown (10Y) Largest decline over 10 years	-27.87%	-31.91%	+4.04%
Current Drawdown Current decline from peak	0.00%	-1.15%	+1.15%
Average Drawdown Average peak-to-trough decline	-3.59%	-12.17%	+8.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.93%	1.29%	+0.64%

Volatility

VHYL.L vs. XGSD.L - Volatility Comparison

Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Distributing (VHYL.L) and Xtrackers Stoxx Global Select Dividend 100 Swap UCITS ETF 1D (XGSD.L) have volatilities of 2.12% and 2.19%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VHYL.L	XGSD.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.12%	2.19%	-0.07%
Volatility (6M) Calculated over the trailing 6-month period	6.92%	6.49%	+0.43%
Volatility (1Y) Calculated over the trailing 1-year period	8.63%	8.43%	+0.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.76%	11.39%	-0.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.99%	13.91%	-0.92%

VHYL.L vs. XGSD.L - Expense Ratio Comparison

VHYL.L has a 0.29% expense ratio, which is lower than XGSD.L's 0.50% expense ratio.

Dividends

VHYL.L vs. XGSD.L - Dividend Comparison

VHYL.L's dividend yield for the trailing twelve months is around 2.51%, less than XGSD.L's 4.15% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
VHYL.L Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Distributing	2.51%	2.79%	3.08%	3.37%	3.67%	3.08%	3.28%	3.34%	3.63%	3.09%	2.88%	3.20%
XGSD.L Xtrackers Stoxx Global Select Dividend 100 Swap UCITS ETF 1D	4.15%	4.60%	6.38%	7.52%	8.71%	4.76%	5.34%	4.30%	4.68%	3.56%	2.74%	2.11%

Frequently Asked Questions

Can I hold both VHYL.L and XGSD.L in my portfolio?

VHYL.L and XGSD.L have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, VHYL.L or XGSD.L?

On fees, VHYL.L is cheaper at 0.29% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, VHYL.L or XGSD.L?

VHYL.L is cheaper with a 0.29% expense ratio, compared with 0.50% for XGSD.L.

What is the main difference between VHYL.L and XGSD.L?

VHYL.L is categorized as Dividend, while XGSD.L is Global Equity Income. VHYL.L tracks FTSE All-World High Dividend Yield Index, while XGSD.L tracks STOXX Global Select Dividend 100. They also come from different issuers: Vanguard and Xtrackers. Their fees differ too: 0.29% for VHYL.L and 0.50% for XGSD.L.