VUAA.DE vs. EXUS.DE
VUAA.DE (Vanguard S&P 500 UCITS USD Acc ETF) and EXUS.DE (Xtrackers MSCI World ex USA UCITS ETF 1C USD) are both exchange-traded funds - VUAA.DE is a S&P 500 fund tracking the S&P 500 Index, while EXUS.DE is a Global Equities fund tracking the MSCI World ex USA index. Both are passively managed. Over the past year, VUAA.DE returned 24.90% vs 22.41% for EXUS.DE. A 0.63 correlation means they provide meaningful diversification when combined. VUAA.DE charges 0.07%/yr vs 0.15%/yr for EXUS.DE.
Performance
VUAA.DE vs. EXUS.DE - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with VUAA.DE having a 9.96% return and EXUS.DE slightly higher at 10.45%.
VUAA.DE
- 1D
- 1.54%
- 1M
- 0.07%
- YTD
- 9.96%
- 6M
- 10.78%
- 1Y
- 24.90%
- 3Y*
- 18.05%
- 5Y*
- 14.30%
- 10Y*
- —
EXUS.DE
- 1D
- 1.99%
- 1M
- 2.26%
- YTD
- 10.45%
- 6M
- 12.24%
- 1Y
- 22.41%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
VUAA.DE vs. EXUS.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
VUAA.DE Vanguard S&P 500 UCITS USD Acc ETF | 9.96% | 4.69% | 21.29% |
EXUS.DE Xtrackers MSCI World ex USA UCITS ETF 1C USD | 10.45% | 17.80% | 4.15% |
Correlation
The correlation between VUAA.DE and EXUS.DE is 0.65, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.65 |
Correlation (All Time) Calculated using the full available price history since Mar 14, 2024 | 0.63 |
The correlation between VUAA.DE and EXUS.DE has been stable across timeframes, ranging from 0.63 to 0.65 - a consistent structural relationship.
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Return for Risk
VUAA.DE vs. EXUS.DE — Risk / Return Rank
VUAA.DE
EXUS.DE
VUAA.DE vs. EXUS.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard S&P 500 UCITS USD Acc ETF (VUAA.DE) 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.
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.
| VUAA.DE | EXUS.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.37 | ||
| Sortino ratioReturn per unit of downside risk | +0.33 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.32 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 3.48 | 2.51 | +0.97 |
| Martin ratioReturn relative to average drawdown | 12.44 | 9.96 | +2.48 |
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Drawdowns
VUAA.DE vs. EXUS.DE - Drawdown Comparison
The maximum VUAA.DE drawdown since its inception was -33.67%, which is greater than EXUS.DE's maximum drawdown of -16.21%. Use the drawdown chart below to compare losses from any high point for VUAA.DE and EXUS.DE.
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Drawdown Indicators
| VUAA.DE | EXUS.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.67% | -16.21% | -17.46% |
Max Drawdown (1Y)Largest decline over 1 year | -7.00% | -8.67% | +1.67% |
Max Drawdown (3Y)Largest decline over 3 years | -23.33% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -23.33% | — | — |
Current DrawdownCurrent decline from peak | -1.74% | -0.03% | -1.71% |
Average DrawdownAverage peak-to-trough decline | -4.88% | -1.78% | -3.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.96% | 2.19% | -0.23% |
Volatility
VUAA.DE vs. EXUS.DE - Volatility Comparison
The current volatility for Vanguard S&P 500 UCITS USD Acc ETF (VUAA.DE) is 3.07%, while Xtrackers MSCI World ex USA UCITS ETF 1C USD (EXUS.DE) has a volatility of 3.68%. This indicates that VUAA.DE experiences smaller price fluctuations and is considered to be less risky than EXUS.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VUAA.DE | EXUS.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.07% | 3.68% | -0.61% |
Volatility (6M)Calculated over the trailing 6-month period | 7.81% | 10.41% | -2.60% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.73% | 12.66% | -0.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.14% | 13.46% | +1.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.61% | 13.46% | +4.15% |
VUAA.DE vs. EXUS.DE - Expense Ratio Comparison
VUAA.DE has a 0.07% 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
VUAA.DE vs. EXUS.DE - Dividend Comparison
Neither VUAA.DE nor EXUS.DE has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
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% |
VUAA.DE Vanguard S&P 500 UCITS USD Acc ETF | 0.00% | 0.00% | 0.27% | 0.00% | 0.00% | 0.00% | 1.09% |
Frequently Asked Questions
VUAA.DE and EXUS.DE have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VUAA.DE is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VUAA.DE is cheaper with a 0.07% expense ratio, compared with 0.15% for EXUS.DE.
VUAA.DE is categorized as S&P 500, while EXUS.DE is Global Equities. VUAA.DE tracks S&P 500 Index, while EXUS.DE tracks MSCI World ex USA index. They also come from different issuers: Vanguard and Xtrackers. Their fees differ too: 0.07% for VUAA.DE and 0.15% for EXUS.DE.
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