VVGM.DE vs. TSWE.AS
Compare and contrast key facts about VanEck Morningstar Global Wide Moat UCITS ETF (VVGM.DE) and VanEck Sustainable World Equal Weight UCITS ETF (TSWE.AS).
VVGM.DE and TSWE.AS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VVGM.DE is a passively managed fund by VanEck that tracks the performance of the Morningstar Global Wide Moat Focus. It was launched on Jul 7, 2020. TSWE.AS is a passively managed fund by VanEck that tracks the performance of the MSCI ACWI NR USD. It was launched on May 3, 2013. Both VVGM.DE and TSWE.AS are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VVGM.DE or TSWE.AS.
Key characteristics
| VVGM.DE | TSWE.AS | |
|---|---|---|
| YTD Return | 12.56% | 12.07% |
| 1Y Return | 17.14% | 17.83% |
| 3Y Return (Ann) | 5.82% | 6.26% |
| Sharpe Ratio | 1.87 | 1.65 |
| Daily Std Dev | 10.25% | 10.58% |
| Max Drawdown | -14.82% | -33.67% |
| Current Drawdown | -0.17% | -0.77% |
Correlation
The correlation between VVGM.DE and TSWE.AS is 0.91, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
VVGM.DE vs. TSWE.AS - Performance Comparison
The year-to-date returns for both stocks are quite close, with VVGM.DE having a 12.56% return and TSWE.AS slightly lower at 12.07%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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VVGM.DE vs. TSWE.AS - Expense Ratio Comparison
VVGM.DE has a 0.52% expense ratio, which is higher than TSWE.AS's 0.20% expense ratio.
Risk-Adjusted Performance
VVGM.DE vs. TSWE.AS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Morningstar Global Wide Moat UCITS ETF (VVGM.DE) and VanEck Sustainable World Equal Weight UCITS ETF (TSWE.AS). 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.
Dividends
VVGM.DE vs. TSWE.AS - Dividend Comparison
VVGM.DE has not paid dividends to shareholders, while TSWE.AS's dividend yield for the trailing twelve months is around 2.18%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
TSWE.AS VanEck Sustainable World Equal Weight UCITS ETF | 2.18% | 2.23% | 2.38% | 1.64% | 1.88% | 2.34% | 2.45% | 2.09% | 1.85% | 1.87% | 5.46% | 0.31% |
Drawdowns
VVGM.DE vs. TSWE.AS - Drawdown Comparison
The maximum VVGM.DE drawdown since its inception was -14.82%, smaller than the maximum TSWE.AS drawdown of -33.67%. Use the drawdown chart below to compare losses from any high point for VVGM.DE and TSWE.AS. For additional features, visit the drawdowns tool.
Volatility
VVGM.DE vs. TSWE.AS - Volatility Comparison
The current volatility for VanEck Morningstar Global Wide Moat UCITS ETF (VVGM.DE) is 2.45%, while VanEck Sustainable World Equal Weight UCITS ETF (TSWE.AS) has a volatility of 3.54%. This indicates that VVGM.DE experiences smaller price fluctuations and is considered to be less risky than TSWE.AS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.