VPU vs. EXUS.DE

Last updated Jun 9, 2026

VPU (Vanguard Utilities ETF) and EXUS.DE (Xtrackers MSCI World ex USA UCITS ETF 1C USD) are both exchange-traded funds - VPU is a Utilities Equities fund tracking the MSCI US Investable Market Utilities 25/50 Index, while EXUS.DE is a Global Equities fund tracking the MSCI World ex USA index. Both are passively managed. Over the past year, VPU returned 10.68% vs 22.63% for EXUS.DE. At a 0.24 correlation, their price movements are largely independent. VPU charges 0.09%/yr vs 0.15%/yr for EXUS.DE.

Performance

VPU vs. EXUS.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Utilities ETF (VPU) and Xtrackers MSCI World ex USA UCITS ETF 1C USD (EXUS.DE). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

VPU is traded in USD, while EXUS.DE is traded in EUR. To make them comparable, the EXUS.DE values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, VPU achieves a 2.68% return, which is significantly lower than EXUS.DE's 8.36% return.

VPU

• 1D: -1.87%
• 1M: -2.65%
• YTD: 2.68%
• 6M: 3.11%
• 1Y: 10.68%
• 3Y*: 12.74%
• 5Y*: 8.91%
• 10Y*: 8.85%

EXUS.DE

• 1D: 0.30%
• 1M: 1.07%
• YTD: 8.36%
• 6M: 11.34%
• 1Y: 22.63%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

VPU vs. EXUS.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024
VPU Vanguard Utilities ETF	2.68%	16.46%	21.70%
EXUS.DE Xtrackers MSCI World ex USA UCITS ETF 1C USD	8.36%	32.99%	-0.42%

Correlation

The correlation between VPU and EXUS.DE is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.28
Correlation (All Time) Calculated using the full available price history since Mar 14, 2024	0.24

Return for Risk

VPU vs. EXUS.DE — Risk / Return Rank

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

VPU

VPU Risk / Return Rank: 23
VPU Sharpe Ratio Rank: 23
VPU Sortino Ratio Rank: 22
VPU Omega Ratio Rank: 22
VPU Calmar Ratio Rank: 27
VPU Martin Ratio Rank: 22

EXUS.DE

EXUS.DE Risk / Return Rank: 49
EXUS.DE Sharpe Ratio Rank: 47
EXUS.DE Sortino Ratio Rank: 49
EXUS.DE Omega Ratio Rank: 50
EXUS.DE Calmar Ratio Rank: 47
EXUS.DE Martin Ratio Rank: 54

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.

VPU vs. EXUS.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Utilities ETF (VPU) and Xtrackers MSCI World ex USA UCITS ETF 1C USD (EXUS.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.

	VPU	EXUS.DE	Difference
Sharpe ratio: Return per unit of total volatility	0.75	1.55	-0.80
Sortino ratio: Return per unit of downside risk	1.09	2.26	-1.17
Omega ratio: Gain probability vs. loss probability	1.14	1.28	-0.14
Calmar ratio: Return relative to maximum drawdown	1.20	2.05	-0.85
Martin ratio: Return relative to average drawdown	2.66	7.60	-4.94
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VPU vs. EXUS.DE - Sharpe Ratio Comparison

The current VPU Sharpe Ratio is 0.75, which is lower than the EXUS.DE Sharpe Ratio of 1.55. The chart below compares the historical Sharpe Ratios of VPU and EXUS.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	VPU	EXUS.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.75	1.55	-0.80
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.52	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.46	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.53	1.20	-0.67

Drawdowns

VPU vs. EXUS.DE - Drawdown Comparison

The maximum VPU drawdown since its inception was -46.31%, which is greater than EXUS.DE's maximum drawdown of -13.99%. Use the drawdown chart below to compare losses from any high point for VPU and EXUS.DE.

Drawdown Indicators

	VPU	EXUS.DE	Difference
Max Drawdown Largest peak-to-trough decline	-46.31%	-13.99%	-32.32%
Max Drawdown (1Y) Largest decline over 1 year	-8.90%	-10.74%	+1.84%
Max Drawdown (3Y) Largest decline over 3 years	-17.34%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-25.15%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-36.42%	—	—
Current Drawdown Current decline from peak	-7.71%	-1.03%	-6.68%
Average Drawdown Average peak-to-trough decline	-7.78%	-2.33%	-5.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.02%	2.91%	+1.11%

Volatility

VPU vs. EXUS.DE - Volatility Comparison

Vanguard Utilities ETF (VPU) has a higher volatility of 5.56% compared to Xtrackers MSCI World ex USA UCITS ETF 1C USD (EXUS.DE) at 3.86%. This indicates that VPU's price experiences larger fluctuations and is considered to be riskier than EXUS.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VPU	EXUS.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.56%	3.86%	+1.70%
Volatility (6M) Calculated over the trailing 6-month period	11.53%	11.66%	-0.13%
Volatility (1Y) Calculated over the trailing 1-year period	14.38%	14.23%	+0.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.07%	15.09%	+1.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.14%	15.09%	+4.05%

VPU vs. EXUS.DE - Expense Ratio Comparison

VPU has a 0.09% expense ratio, which is lower than EXUS.DE's 0.15% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

VPU vs. EXUS.DE - Dividend Comparison

VPU's dividend yield for the trailing twelve months is around 2.70%, while EXUS.DE has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EXUS.DE Xtrackers MSCI World ex USA UCITS ETF 1C USD	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VPU Vanguard Utilities ETF	2.70%	2.73%	3.02%	3.49%	2.98%	2.70%	3.17%	2.83%	3.23%	3.18%	3.19%	3.63%

Frequently Asked Questions

Can I hold both VPU and EXUS.DE in my portfolio?

VPU and EXUS.DE have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, VPU or EXUS.DE?

On fees, VPU is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, VPU or EXUS.DE?

VPU is cheaper with a 0.09% expense ratio, compared with 0.15% for EXUS.DE.

What is the main difference between VPU and EXUS.DE?

VPU is categorized as Utilities Equities, while EXUS.DE is Global Equities. VPU tracks MSCI US Investable Market Utilities 25/50 Index, while EXUS.DE tracks MSCI World ex USA index. They also come from different issuers: Vanguard and Xtrackers. Their fees differ too: 0.09% for VPU and 0.15% for EXUS.DE.