VWCE.DE vs. ESP0.DE
VWCE.DE (Vanguard FTSE All-World UCITS ETF) and ESP0.DE (VanEck Video Gaming and eSports UCITS ETF) are both exchange-traded funds - VWCE.DE is a Global Equities fund tracking the FTSE All-World Index, while ESP0.DE is a Technology Equities fund tracking the MarketVector Global Video Gaming and eSports ESG. Both are passively managed. Over the past 5 years, VWCE.DE returned 11.89%/yr vs 6.78%/yr for ESP0.DE. A 0.71 correlation means they provide meaningful diversification when combined. VWCE.DE charges 0.19%/yr vs 0.55%/yr for ESP0.DE.
Performance
VWCE.DE vs. ESP0.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 higher than ESP0.DE's -14.34% 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*
- —
ESP0.DE
- 1D
- 0.80%
- 1M
- -1.49%
- YTD
- -14.34%
- 6M
- -14.78%
- 1Y
- -13.87%
- 3Y*
- 14.73%
- 5Y*
- 6.78%
- 10Y*
- —
VWCE.DE vs. ESP0.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
VWCE.DE Vanguard FTSE All-World UCITS ETF | 11.72% | 9.16% | 24.41% | 18.18% | -13.47% | 28.62% | 5.36% | 7.08% |
ESP0.DE VanEck Video Gaming and eSports UCITS ETF | -14.34% | 13.28% | 57.80% | 28.83% | -30.18% | 6.13% | 65.70% | 12.34% |
Correlation
The correlation between VWCE.DE and ESP0.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 | 0.69 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.71 |
Correlation (All Time) Calculated using the full available price history since Jul 25, 2019 | 0.71 |
The correlation between VWCE.DE and ESP0.DE shifts across timeframes, from 0.58 (1 year) to 0.71 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
VWCE.DE vs. ESP0.DE — Risk / Return Rank
VWCE.DE
ESP0.DE
VWCE.DE vs. ESP0.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 Video Gaming and eSports UCITS ETF (ESP0.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 | ESP0.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.01 | ||
| Sortino ratioReturn per unit of downside risk | +4.13 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 0.88 | +0.53 |
| Calmar ratioReturn relative to maximum drawdown | 3.92 | -0.51 | +4.43 |
| Martin ratioReturn relative to average drawdown | 16.07 | -0.88 | +16.95 |
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Drawdowns
VWCE.DE vs. ESP0.DE - Drawdown Comparison
The maximum VWCE.DE drawdown since its inception was -33.43%, smaller than the maximum ESP0.DE drawdown of -40.10%. Use the drawdown chart below to compare losses from any high point for VWCE.DE and ESP0.DE.
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Drawdown Indicators
| VWCE.DE | ESP0.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.43% | -40.10% | +6.67% |
Max Drawdown (1Y)Largest decline over 1 year | -6.55% | -26.47% | +19.92% |
Max Drawdown (3Y)Largest decline over 3 years | -21.07% | -26.47% | +5.40% |
Max Drawdown (5Y)Largest decline over 5 years | -21.07% | -40.10% | +19.03% |
Current DrawdownCurrent decline from peak | -1.47% | -25.88% | +24.41% |
Average DrawdownAverage peak-to-trough decline | -4.68% | -13.10% | +8.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.60% | 15.47% | -13.87% |
Volatility
VWCE.DE vs. ESP0.DE - Volatility Comparison
The current volatility for Vanguard FTSE All-World UCITS ETF (VWCE.DE) is 3.40%, while VanEck Video Gaming and eSports UCITS ETF (ESP0.DE) has a volatility of 4.38%. This indicates that VWCE.DE experiences smaller price fluctuations and is considered to be less risky than ESP0.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 | ESP0.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.40% | 4.38% | -0.98% |
Volatility (6M)Calculated over the trailing 6-month period | 8.51% | 13.14% | -4.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.63% | 17.17% | -5.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.79% | 22.48% | -8.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.16% | 23.50% | -7.34% |
VWCE.DE vs. ESP0.DE - Expense Ratio Comparison
VWCE.DE has a 0.19% expense ratio, which is lower than ESP0.DE's 0.55% expense ratio.
Dividends
VWCE.DE vs. ESP0.DE - Dividend Comparison
Neither VWCE.DE nor ESP0.DE has paid dividends to shareholders.
Frequently Asked Questions
VWCE.DE and ESP0.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 0.55% for ESP0.DE.
VWCE.DE is categorized as Global Equities, while ESP0.DE is Technology Equities. VWCE.DE tracks FTSE All-World Index, while ESP0.DE tracks MarketVector Global Video Gaming and eSports ESG. They also come from different issuers: Vanguard and VanEck. Their fees differ too: 0.19% for VWCE.DE and 0.55% for ESP0.DE.
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