VVMX.DE vs. VWCE.DE
VVMX.DE (VanEck Rare Earth and Strategic Metals UCITS ETF A) and VWCE.DE (Vanguard FTSE All-World UCITS ETF) are both exchange-traded funds - VVMX.DE is a Commodity Producers Equities fund tracking the MVIS Global Rare Earth/Strategic Metals, while VWCE.DE is a Global Equities fund tracking the FTSE All-World Index. Both are passively managed. Over the past 3 years, VVMX.DE returned 3.35%/yr vs 17.30%/yr for VWCE.DE. At a 0.50 correlation, their price movements are largely independent. VVMX.DE charges 0.59%/yr vs 0.19%/yr for VWCE.DE.
Performance
VVMX.DE vs. VWCE.DE - Performance Comparison
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Returns By Period
In the year-to-date period, VVMX.DE achieves a 30.24% return, which is significantly higher than VWCE.DE's 11.26% return.
VVMX.DE
- 1D
- -1.82%
- 1M
- -7.17%
- YTD
- 30.24%
- 6M
- 35.17%
- 1Y
- 147.55%
- 3Y*
- 3.35%
- 5Y*
- —
- 10Y*
- —
VWCE.DE
- 1D
- 0.15%
- 1M
- 2.31%
- YTD
- 11.26%
- 6M
- 11.96%
- 1Y
- 24.29%
- 3Y*
- 17.30%
- 5Y*
- 11.93%
- 10Y*
- —
VVMX.DE vs. VWCE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
VVMX.DE VanEck Rare Earth and Strategic Metals UCITS ETF A | 30.24% | 68.45% | -30.81% | -21.17% | -26.46% | 16.96% |
VWCE.DE Vanguard FTSE All-World UCITS ETF | 11.26% | 9.16% | 24.41% | 18.18% | -13.47% | 9.39% |
Correlation
The correlation between VVMX.DE and VWCE.DE is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.43 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.43 |
Correlation (All Time) Calculated using the full available price history since Sep 29, 2021 | 0.50 |
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Return for Risk
VVMX.DE vs. VWCE.DE — Risk / Return Rank
VVMX.DE
VWCE.DE
VVMX.DE vs. VWCE.DE - 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 Vanguard FTSE All-World UCITS ETF (VWCE.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.
| VVMX.DE | VWCE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.25 | ||
| Sortino ratioReturn per unit of downside risk | +0.66 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.39 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 7.59 | 3.68 | +3.91 |
| Martin ratioReturn relative to average drawdown | 19.66 | 15.26 | +4.40 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| VVMX.DE | VWCE.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.36 | 2.11 | +1.25 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.86 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.02 | 0.76 | -0.75 |
Drawdowns
VVMX.DE vs. VWCE.DE - Drawdown Comparison
The maximum VVMX.DE drawdown since its inception was -73.26%, which is greater than VWCE.DE's maximum drawdown of -33.43%. Use the drawdown chart below to compare losses from any high point for VVMX.DE and VWCE.DE.
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Drawdown Indicators
| VVMX.DE | VWCE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.26% | -33.43% | -39.83% |
Max Drawdown (1Y)Largest decline over 1 year | -20.40% | -6.55% | -13.85% |
Max Drawdown (3Y)Largest decline over 3 years | -61.55% | -21.07% | -40.48% |
Max Drawdown (5Y)Largest decline over 5 years | — | -21.07% | — |
Current DrawdownCurrent decline from peak | -25.51% | -1.87% | -23.64% |
Average DrawdownAverage peak-to-trough decline | -41.23% | -4.69% | -36.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.89% | 1.58% | +6.31% |
Volatility
VVMX.DE vs. VWCE.DE - Volatility Comparison
VanEck Rare Earth and Strategic Metals UCITS ETF A (VVMX.DE) has a higher volatility of 12.59% compared to Vanguard FTSE All-World UCITS ETF (VWCE.DE) at 3.29%. This indicates that VVMX.DE's price experiences larger fluctuations and is considered to be riskier than VWCE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VVMX.DE | VWCE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.59% | 3.29% | +9.30% |
Volatility (6M)Calculated over the trailing 6-month period | 32.22% | 8.24% | +23.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 46.13% | 11.42% | +34.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.38% | 13.76% | +22.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.38% | 16.15% | +20.23% |
VVMX.DE vs. VWCE.DE - Expense Ratio Comparison
VVMX.DE has a 0.59% expense ratio, which is higher than VWCE.DE's 0.19% expense ratio.
Dividends
VVMX.DE vs. VWCE.DE - Dividend Comparison
Neither VVMX.DE nor VWCE.DE has paid dividends to shareholders.
Frequently Asked Questions
VVMX.DE and VWCE.DE have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VWCE.DE is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VWCE.DE is cheaper with a 0.19% expense ratio, compared with 0.59% for VVMX.DE.
VVMX.DE is categorized as Commodity Producers Equities, while VWCE.DE is Global Equities. VVMX.DE tracks MVIS Global Rare Earth/Strategic Metals, while VWCE.DE tracks FTSE All-World Index. They also come from different issuers: VanEck and Vanguard. Their fees differ too: 0.59% for VVMX.DE and 0.19% for VWCE.DE.
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