VVGM.DE vs. USRD
VVGM.DE (VanEck Morningstar Global Wide Moat UCITS ETF) and USRD (Themes US R&D Champions ETF) are both exchange-traded funds - VVGM.DE is a Global Equities fund tracking the Morningstar Global Wide Moat Focus, while USRD is a Large Cap Blend Equities fund tracking the Solactive US R&D Champions Index. Both are passively managed. Over the past year, VVGM.DE returned 6.85% vs 20.51% for USRD. At a 0.45 correlation, their price movements are largely independent. VVGM.DE charges 0.52%/yr vs 0.29%/yr for USRD.
Performance
VVGM.DE vs. USRD - Performance Comparison
Loading charts...
Different Trading Currencies
VVGM.DE is traded in EUR, while USRD is traded in USD. To make them comparable, the USRD 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 lower than USRD's 14.07% return.
VVGM.DE
- 1D
- 0.63%
- 1M
- 1.39%
- YTD
- 0.57%
- 6M
- 1.07%
- 1Y
- 6.85%
- 3Y*
- 10.24%
- 5Y*
- 7.42%
- 10Y*
- —
USRD
- 1D
- 1.49%
- 1M
- 5.72%
- YTD
- 14.07%
- 6M
- 11.63%
- 1Y
- 20.51%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
VVGM.DE vs. USRD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
VVGM.DE VanEck Morningstar Global Wide Moat UCITS ETF | 0.57% | 11.67% | 16.13% | 2.48% |
USRD Themes US R&D Champions ETF | 14.07% | -0.90% | 23.15% | 3.79% |
Correlation
The correlation between VVGM.DE and USRD is 0.50, 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 | 0.50 |
Correlation (All Time) Calculated using the full available price history since Dec 13, 2023 | 0.45 |
The correlation between VVGM.DE and USRD has been stable across timeframes, ranging from 0.45 to 0.50 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
VVGM.DE vs. USRD — Risk / Return Rank
VVGM.DE
USRD
VVGM.DE vs. USRD - 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 Themes US R&D Champions ETF (USRD). 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.
| VVGM.DE | USRD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.59 | ||
| Sortino ratioReturn per unit of downside risk | -0.74 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.21 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 0.68 | 1.70 | -1.02 |
| Martin ratioReturn relative to average drawdown | 2.16 | 4.20 | -2.04 |
Loading charts...
Drawdowns
VVGM.DE vs. USRD - Drawdown Comparison
The maximum VVGM.DE drawdown since its inception was -17.74%, smaller than the maximum USRD drawdown of -27.47%. Use the drawdown chart below to compare losses from any high point for VVGM.DE and USRD.
Loading charts...
Drawdown Indicators
| VVGM.DE | USRD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.74% | -27.47% | +9.73% |
Max Drawdown (1Y)Largest decline over 1 year | -10.92% | -12.11% | +1.19% |
Max Drawdown (3Y)Largest decline over 3 years | -17.74% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -17.74% | — | — |
Current DrawdownCurrent decline from peak | -4.90% | -6.90% | +2.00% |
Average DrawdownAverage peak-to-trough decline | -3.80% | -5.34% | +1.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.46% | 4.90% | -1.44% |
Volatility
VVGM.DE vs. USRD - Volatility Comparison
The current volatility for VanEck Morningstar Global Wide Moat UCITS ETF (VVGM.DE) is 4.13%, while Themes US R&D Champions ETF (USRD) has a volatility of 7.49%. This indicates that VVGM.DE experiences smaller price fluctuations and is considered to be less risky than USRD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| VVGM.DE | USRD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.13% | 7.49% | -3.36% |
Volatility (6M)Calculated over the trailing 6-month period | 10.21% | 13.73% | -3.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.66% | 17.42% | -4.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.62% | 20.30% | -6.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.72% | 20.30% | -6.58% |
VVGM.DE vs. USRD - Expense Ratio Comparison
VVGM.DE has a 0.52% expense ratio, which is higher than USRD's 0.29% expense ratio.
Dividends
VVGM.DE vs. USRD - Dividend Comparison
VVGM.DE has not paid dividends to shareholders, while USRD's dividend yield for the trailing twelve months is around 0.38%.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
USRD Themes US R&D Champions ETF | 0.38% | 0.42% | 2.44% |
VVGM.DE VanEck Morningstar Global Wide Moat UCITS ETF | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
VVGM.DE and USRD have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, USRD is cheaper at 0.29% per year. The better choice depends on whether you care most about return, fees, risk, or income.
USRD is cheaper with a 0.29% expense ratio, compared with 0.52% for VVGM.DE.
VVGM.DE is categorized as Global Equities, while USRD is Large Cap Blend Equities. VVGM.DE tracks Morningstar Global Wide Moat Focus, while USRD tracks Solactive US R&D Champions Index. They also come from different issuers: VanEck and Themes. Their fees differ too: 0.52% for VVGM.DE and 0.29% for USRD.
Find the right allocation for VVGM.DE and USRD
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer