VWCE.DE vs. DAVV.DE
VWCE.DE (Vanguard FTSE All-World UCITS ETF) and DAVV.DE (VanEck Crypto and Blockchain Innovators UCITS ETF) are both exchange-traded funds - VWCE.DE is a Global Equities fund tracking the FTSE All-World Index, while DAVV.DE is a Technology Equities fund tracking the MVIS Global Digital Assets Equity. Both are passively managed. Over the past 5 years, VWCE.DE returned 11.89%/yr vs -1.30%/yr for DAVV.DE. A 0.54 correlation means they provide meaningful diversification when combined. VWCE.DE charges 0.19%/yr vs 0.65%/yr for DAVV.DE.
Performance
VWCE.DE vs. DAVV.DE - Performance Comparison
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Returns By Period
In the year-to-date period, VWCE.DE achieves a 11.72% return, which is significantly lower than DAVV.DE's 27.16% return.
VWCE.DE
- 1D
- 1.82%
- 1M
- 0.89%
- YTD
- 11.72%
- 6M
- 13.39%
- 1Y
- 26.35%
- 3Y*
- 17.02%
- 5Y*
- 11.89%
- 10Y*
- —
DAVV.DE
- 1D
- -3.80%
- 1M
- -3.04%
- YTD
- 27.16%
- 6M
- 15.92%
- 1Y
- 47.52%
- 3Y*
- 52.28%
- 5Y*
- -1.30%
- 10Y*
- —
VWCE.DE vs. DAVV.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
VWCE.DE Vanguard FTSE All-World UCITS ETF | 11.72% | 9.16% | 24.41% | 18.18% | -13.47% | 14.99% |
DAVV.DE VanEck Crypto and Blockchain Innovators UCITS ETF | 27.16% | -0.68% | 37.42% | 337.08% | -85.83% | -25.89% |
Correlation
The correlation between VWCE.DE and DAVV.DE is 0.58, 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 | 0.58 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.50 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.54 |
Correlation (All Time) Calculated using the full available price history since May 6, 2021 | 0.54 |
The correlation between VWCE.DE and DAVV.DE has been stable across timeframes, ranging from 0.50 to 0.58 - a consistent structural relationship.
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Return for Risk
VWCE.DE vs. DAVV.DE — Risk / Return Rank
VWCE.DE
DAVV.DE
VWCE.DE vs. DAVV.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard FTSE All-World UCITS ETF (VWCE.DE) and VanEck Crypto and Blockchain Innovators UCITS ETF (DAVV.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.
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.
| VWCE.DE | DAVV.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.40 | ||
| Sortino ratioReturn per unit of downside risk | +1.71 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.16 | +0.25 |
| Calmar ratioReturn relative to maximum drawdown | 3.92 | 1.03 | +2.89 |
| Martin ratioReturn relative to average drawdown | 16.07 | 1.90 | +14.17 |
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Drawdowns
VWCE.DE vs. DAVV.DE - Drawdown Comparison
The maximum VWCE.DE drawdown since its inception was -33.43%, smaller than the maximum DAVV.DE drawdown of -91.53%. Use the drawdown chart below to compare losses from any high point for VWCE.DE and DAVV.DE.
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Drawdown Indicators
| VWCE.DE | DAVV.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.43% | -91.53% | +58.10% |
Max Drawdown (1Y)Largest decline over 1 year | -6.55% | -45.68% | +39.13% |
Max Drawdown (3Y)Largest decline over 3 years | -21.07% | -60.00% | +38.93% |
Max Drawdown (5Y)Largest decline over 5 years | -21.07% | -91.53% | +70.46% |
Current DrawdownCurrent decline from peak | -1.47% | -34.58% | +33.11% |
Average DrawdownAverage peak-to-trough decline | -4.68% | -57.77% | +53.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.60% | 24.79% | -23.19% |
Volatility
VWCE.DE vs. DAVV.DE - Volatility Comparison
The current volatility for Vanguard FTSE All-World UCITS ETF (VWCE.DE) is 3.40%, while VanEck Crypto and Blockchain Innovators UCITS ETF (DAVV.DE) has a volatility of 14.56%. This indicates that VWCE.DE experiences smaller price fluctuations and is considered to be less risky than DAVV.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VWCE.DE | DAVV.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.40% | 14.56% | -11.16% |
Volatility (6M)Calculated over the trailing 6-month period | 8.51% | 40.57% | -32.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.63% | 58.12% | -46.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.79% | 70.78% | -56.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.16% | 70.56% | -54.40% |
VWCE.DE vs. DAVV.DE - Expense Ratio Comparison
VWCE.DE has a 0.19% expense ratio, which is lower than DAVV.DE's 0.65% expense ratio.
Dividends
VWCE.DE vs. DAVV.DE - Dividend Comparison
Neither VWCE.DE nor DAVV.DE has paid dividends to shareholders.
Frequently Asked Questions
VWCE.DE and DAVV.DE have a correlation of 0.58, 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 0.65% for DAVV.DE.
VWCE.DE is categorized as Global Equities, while DAVV.DE is Technology Equities. VWCE.DE tracks FTSE All-World Index, while DAVV.DE tracks MVIS Global Digital Assets Equity. They also come from different issuers: Vanguard and VanEck. Their fees differ too: 0.19% for VWCE.DE and 0.65% for DAVV.DE.
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