VVMX.DE vs. RGPM.NEO

Last updated Jun 5, 2026

VVMX.DE (VanEck Rare Earth and Strategic Metals UCITS ETF A) and RGPM.NEO (RBC Global Precious Metals Fund) are both exchange-traded funds - VVMX.DE is a Commodity Producers Equities fund tracking the MVIS Global Rare Earth/Strategic Metals, while RGPM.NEO is a Precious Metals fund actively managed by RBC Global Asset Management.. VVMX.DE is passively managed, while RGPM.NEO is actively managed. Over the past 3 years, VVMX.DE returned 3.35%/yr vs 40.40%/yr for RGPM.NEO. At a 0.25 correlation, their price movements are largely independent. VVMX.DE charges 0.59%/yr vs 1.02%/yr for RGPM.NEO.

Performance

VVMX.DE vs. RGPM.NEO - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in VanEck Rare Earth and Strategic Metals UCITS ETF A (VVMX.DE) and RBC Global Precious Metals Fund (RGPM.NEO). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

VVMX.DE is traded in EUR, while RGPM.NEO is traded in CAD. To make them comparable, the RGPM.NEO values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, VVMX.DE achieves a 30.24% return, which is significantly higher than RGPM.NEO's 2.53% return.

VVMX.DE

• 1D: -1.82%
• 1M: -6.33%
• YTD: 30.24%
• 6M: 39.84%
• 1Y: 155.75%
• 3Y*: 3.35%
• 5Y*: —
• 10Y*: —

RGPM.NEO

• 1D: 1.10%
• 1M: 0.65%
• YTD: 2.53%
• 6M: 10.24%
• 1Y: 57.23%
• 3Y*: 40.40%
• 5Y*: —
• 10Y*: —

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

VVMX.DE vs. RGPM.NEO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
VVMX.DE VanEck Rare Earth and Strategic Metals UCITS ETF A	30.24%	68.45%	-30.81%	-30.82%
RGPM.NEO RBC Global Precious Metals Fund	2.53%	125.25%	34.26%	-4.98%

Correlation

The correlation between VVMX.DE and RGPM.NEO is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.40
Correlation (3Y) Calculated over the trailing 3-year period	0.27
Correlation (All Time) Calculated using the full available price history since Mar 6, 2023	0.25

The correlation between VVMX.DE and RGPM.NEO shifts across timeframes, from 0.25 (all time) to 0.40 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

VVMX.DE vs. RGPM.NEO — Risk / Return Rank

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

VVMX.DE

VVMX.DE Risk / Return Rank: 87
VVMX.DE Sharpe Ratio Rank: 93
VVMX.DE Sortino Ratio Rank: 82
VVMX.DE Omega Ratio Rank: 75
VVMX.DE Calmar Ratio Rank: 95
VVMX.DE Martin Ratio Rank: 89

RGPM.NEO

RGPM.NEO Risk / Return Rank: 41
RGPM.NEO Sharpe Ratio Rank: 42
RGPM.NEO Sortino Ratio Rank: 36
RGPM.NEO Omega Ratio Rank: 44
RGPM.NEO Calmar Ratio Rank: 44
RGPM.NEO Martin Ratio Rank: 37

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.

VVMX.DE vs. RGPM.NEO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Rare Earth and Strategic Metals UCITS ETF A (VVMX.DE) and RBC Global Precious Metals Fund (RGPM.NEO). 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.

	VVMX.DE	RGPM.NEO	Difference
Sharpe ratio: Return per unit of total volatility	3.36	1.35	+2.01
Sortino ratio: Return per unit of downside risk	3.61	1.73	+1.88
Omega ratio: Gain probability vs. loss probability	1.44	1.26	+0.18
Calmar ratio: Return relative to maximum drawdown	7.59	1.99	+5.60
Martin ratio: Return relative to average drawdown	19.66	5.27	+14.39
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VVMX.DE vs. RGPM.NEO - Sharpe Ratio Comparison

The current VVMX.DE Sharpe Ratio is 3.36, which is higher than the RGPM.NEO Sharpe Ratio of 1.35. The chart below compares the historical Sharpe Ratios of VVMX.DE and RGPM.NEO, 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

	VVMX.DE	RGPM.NEO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.36	1.35	+2.01
Sharpe Ratio (All Time) Calculated using the full available price history	0.02	1.21	-1.19

Drawdowns

VVMX.DE vs. RGPM.NEO - Drawdown Comparison

The maximum VVMX.DE drawdown since its inception was -73.26%, which is greater than RGPM.NEO's maximum drawdown of -28.95%. Use the drawdown chart below to compare losses from any high point for VVMX.DE and RGPM.NEO.

Drawdown Indicators

	VVMX.DE	RGPM.NEO	Difference
Max Drawdown Largest peak-to-trough decline	-73.26%	-28.95%	-44.31%
Max Drawdown (1Y) Largest decline over 1 year	-20.40%	-28.95%	+8.55%
Max Drawdown (3Y) Largest decline over 3 years	-61.55%	-28.95%	-32.60%
Current Drawdown Current decline from peak	-25.51%	-23.58%	-1.93%
Average Drawdown Average peak-to-trough decline	-41.23%	-8.51%	-32.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.89%	10.88%	-2.99%

Volatility

VVMX.DE vs. RGPM.NEO - Volatility Comparison

The current volatility for VanEck Rare Earth and Strategic Metals UCITS ETF A (VVMX.DE) is 12.59%, while RBC Global Precious Metals Fund (RGPM.NEO) has a volatility of 15.78%. This indicates that VVMX.DE experiences smaller price fluctuations and is considered to be less risky than RGPM.NEO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VVMX.DE	RGPM.NEO	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.59%	15.78%	-3.19%
Volatility (6M) Calculated over the trailing 6-month period	32.22%	35.25%	-3.03%
Volatility (1Y) Calculated over the trailing 1-year period	46.13%	42.66%	+3.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.38%	32.70%	+3.68%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.38%	32.70%	+3.68%

VVMX.DE vs. RGPM.NEO - Expense Ratio Comparison

VVMX.DE has a 0.59% expense ratio, which is lower than RGPM.NEO's 1.02% expense ratio.

Dividends

VVMX.DE vs. RGPM.NEO - Dividend Comparison

Neither VVMX.DE nor RGPM.NEO has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both VVMX.DE and RGPM.NEO in my portfolio?

VVMX.DE and RGPM.NEO have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, VVMX.DE or RGPM.NEO?

On fees, VVMX.DE is cheaper at 0.59% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, VVMX.DE or RGPM.NEO?

VVMX.DE is cheaper with a 0.59% expense ratio, compared with 1.02% for RGPM.NEO.

What is the main difference between VVMX.DE and RGPM.NEO?

VVMX.DE is categorized as Commodity Producers Equities, while RGPM.NEO is Precious Metals. They also come from different issuers: VanEck and RBC Global Asset Management.. Their fees differ too: 0.59% for VVMX.DE and 1.02% for RGPM.NEO.