VVGM.DE vs. MOAT

Last updated Jun 5, 2026

VVGM.DE (VanEck Morningstar Global Wide Moat UCITS ETF) and MOAT (VanEck Morningstar Wide Moat ETF) are both exchange-traded funds - VVGM.DE is a Global Equities fund tracking the Morningstar Global Wide Moat Focus, while MOAT is a Large Cap Blend Equities fund tracking the Morningstar Wide Moat Focus Index. Both are passively managed. Over the past 5 years, VVGM.DE returned 7.42%/yr vs 9.07%/yr for MOAT. A 0.52 correlation means they provide meaningful diversification when combined. VVGM.DE charges 0.52%/yr vs 0.47%/yr for MOAT.

Performance

VVGM.DE vs. MOAT - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in VanEck Morningstar Global Wide Moat UCITS ETF (VVGM.DE) and VanEck Morningstar Wide Moat ETF (MOAT). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

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

Returns By Period

In the year-to-date period, VVGM.DE achieves a 0.57% return, which is significantly higher than MOAT's 0.48% return.

VVGM.DE

• 1D: 0.63%
• 1M: -0.91%
• YTD: 0.57%
• 6M: 0.63%
• 1Y: 6.67%
• 3Y*: 10.24%
• 5Y*: 7.42%
• 10Y*: —

MOAT

• 1D: -0.60%
• 1M: 3.04%
• YTD: 0.48%
• 6M: -0.64%
• 1Y: 13.85%
• 3Y*: 8.29%
• 5Y*: 9.07%
• 10Y*: 13.18%

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

VVGM.DE vs. MOAT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
VVGM.DE VanEck Morningstar Global Wide Moat UCITS ETF	0.57%	11.67%	16.13%	7.09%	-6.16%	24.82%	6.99%
MOAT VanEck Morningstar Wide Moat ETF	0.48%	-0.23%	18.04%	27.93%	-8.31%	33.40%	9.96%

Correlation

The correlation between VVGM.DE and MOAT is 0.53, 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	0.53
Correlation (3Y) Calculated over the trailing 3-year period	0.51
Correlation (5Y) Calculated over the trailing 5-year period	0.52
Correlation (All Time) Calculated using the full available price history since Jul 13, 2020	0.52

The correlation between VVGM.DE and MOAT has been stable across timeframes, ranging from 0.51 to 0.53 - a consistent structural relationship.

Return for Risk

VVGM.DE vs. MOAT — Risk / Return Rank

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

VVGM.DE

VVGM.DE Risk / Return Rank: 19
VVGM.DE Sharpe Ratio Rank: 19
VVGM.DE Sortino Ratio Rank: 19
VVGM.DE Omega Ratio Rank: 18
VVGM.DE Calmar Ratio Rank: 18
VVGM.DE Martin Ratio Rank: 20

MOAT

MOAT Risk / Return Rank: 28
MOAT Sharpe Ratio Rank: 30
MOAT Sortino Ratio Rank: 30
MOAT Omega Ratio Rank: 27
MOAT Calmar Ratio Rank: 25
MOAT Martin Ratio Rank: 27

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.

VVGM.DE vs. MOAT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Morningstar Global Wide Moat UCITS ETF (VVGM.DE) and VanEck Morningstar Wide Moat ETF (MOAT). 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.

	VVGM.DE	MOAT	Difference
Sharpe ratio: Return per unit of total volatility	0.59	1.01	-0.42
Sortino ratio: Return per unit of downside risk	0.92	1.47	-0.55
Omega ratio: Gain probability vs. loss probability	1.11	1.17	-0.06
Calmar ratio: Return relative to maximum drawdown	0.68	1.19	-0.51
Martin ratio: Return relative to average drawdown	2.16	3.20	-1.04
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VVGM.DE vs. MOAT - Sharpe Ratio Comparison

The current VVGM.DE Sharpe Ratio is 0.59, which is lower than the MOAT Sharpe Ratio of 1.01. The chart below compares the historical Sharpe Ratios of VVGM.DE and MOAT, 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

	VVGM.DE	MOAT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.59	1.01	-0.42
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.54	0.52	+0.02
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.70	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.72	0.80	-0.08

Drawdowns

VVGM.DE vs. MOAT - Drawdown Comparison

The maximum VVGM.DE drawdown since its inception was -17.74%, smaller than the maximum MOAT drawdown of -32.83%. Use the drawdown chart below to compare losses from any high point for VVGM.DE and MOAT.

Drawdown Indicators

	VVGM.DE	MOAT	Difference
Max Drawdown Largest peak-to-trough decline	-17.74%	-32.83%	+15.09%
Max Drawdown (1Y) Largest decline over 1 year	-10.92%	-11.65%	+0.73%
Max Drawdown (3Y) Largest decline over 3 years	-17.74%	-25.00%	+7.26%
Max Drawdown (5Y) Largest decline over 5 years	-17.74%	-25.00%	+7.26%
Max Drawdown (10Y) Largest decline over 10 years	—	-32.83%	—
Current Drawdown Current decline from peak	-4.90%	-4.48%	-0.42%
Average Drawdown Average peak-to-trough decline	-3.80%	-4.30%	+0.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.46%	4.34%	-0.88%

Volatility

VVGM.DE vs. MOAT - Volatility Comparison

VanEck Morningstar Global Wide Moat UCITS ETF (VVGM.DE) has a higher volatility of 4.13% compared to VanEck Morningstar Wide Moat ETF (MOAT) at 3.62%. This indicates that VVGM.DE's price experiences larger fluctuations and is considered to be riskier than MOAT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VVGM.DE	MOAT	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.13%	3.62%	+0.51%
Volatility (6M) Calculated over the trailing 6-month period	10.21%	9.72%	+0.49%
Volatility (1Y) Calculated over the trailing 1-year period	12.66%	13.77%	-1.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.62%	17.61%	-3.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.72%	18.99%	-5.27%

VVGM.DE vs. MOAT - Expense Ratio Comparison

VVGM.DE has a 0.52% expense ratio, which is higher than MOAT's 0.47% expense ratio.

Dividends

VVGM.DE vs. MOAT - Dividend Comparison

VVGM.DE has not paid dividends to shareholders, while MOAT's dividend yield for the trailing twelve months is around 1.38%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MOAT VanEck Morningstar Wide Moat ETF	1.38%	1.36%	1.37%	0.86%	1.25%	1.08%	1.46%	1.31%	1.79%	1.07%	1.17%	2.13%
VVGM.DE VanEck Morningstar Global Wide Moat UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both VVGM.DE and MOAT in my portfolio?

VVGM.DE and MOAT have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, VVGM.DE or MOAT?

On fees, MOAT is cheaper at 0.47% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, VVGM.DE or MOAT?

MOAT is cheaper with a 0.47% expense ratio, compared with 0.52% for VVGM.DE.

What is the main difference between VVGM.DE and MOAT?

VVGM.DE is categorized as Global Equities, while MOAT is Large Cap Blend Equities. VVGM.DE tracks Morningstar Global Wide Moat Focus, while MOAT tracks Morningstar Wide Moat Focus Index. Their fees differ too: 0.52% for VVGM.DE and 0.47% for MOAT.