VWCG.DE vs. ASWC.DE
VWCG.DE (Vanguard FTSE Developed Europe UCITS ETF (EUR) Accumulating) and ASWC.DE (HANetf Future of Defence UCITS ETF Acc EUR) are both exchange-traded funds - VWCG.DE is a Europe Equities fund tracking the FTSE Developed Europe, while ASWC.DE is a Aerospace & Defense fund tracking the EQM Future of Defence Index. Both are passively managed. Over the past year, VWCG.DE returned 19.41% vs 16.90% for ASWC.DE. At a 0.45 correlation, their price movements are largely independent. VWCG.DE charges 0.10%/yr vs 0.49%/yr for ASWC.DE.
Performance
VWCG.DE vs. ASWC.DE - Performance Comparison
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Returns By Period
In the year-to-date period, VWCG.DE achieves a 8.96% return, which is significantly lower than ASWC.DE's 13.04% return.
VWCG.DE
- 1D
- 1.89%
- 1M
- 5.02%
- YTD
- 8.96%
- 6M
- 11.76%
- 1Y
- 19.41%
- 3Y*
- 14.33%
- 5Y*
- 10.01%
- 10Y*
- —
ASWC.DE
- 1D
- -0.80%
- 1M
- 4.69%
- YTD
- 13.04%
- 6M
- 13.89%
- 1Y
- 16.90%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
VWCG.DE vs. ASWC.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
VWCG.DE Vanguard FTSE Developed Europe UCITS ETF (EUR) Accumulating | 8.96% | 20.44% | 8.96% | 4.93% |
ASWC.DE HANetf Future of Defence UCITS ETF Acc EUR | 13.04% | 38.30% | 39.36% | 14.37% |
Correlation
The correlation between VWCG.DE and ASWC.DE is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.33 |
Correlation (All Time) Calculated using the full available price history since Jul 4, 2023 | 0.45 |
The correlation between VWCG.DE and ASWC.DE shifts across timeframes, from 0.33 (1 year) to 0.45 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
VWCG.DE vs. ASWC.DE — Risk / Return Rank
VWCG.DE
ASWC.DE
VWCG.DE vs. ASWC.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard FTSE Developed Europe UCITS ETF (EUR) Accumulating (VWCG.DE) and HANetf Future of Defence UCITS ETF Acc EUR (ASWC.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.
| VWCG.DE | ASWC.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.57 | ||
| Sortino ratioReturn per unit of downside risk | +0.76 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.16 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 1.91 | 1.36 | +0.56 |
| Martin ratioReturn relative to average drawdown | 7.33 | 3.10 | +4.22 |
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Drawdowns
VWCG.DE vs. ASWC.DE - Drawdown Comparison
The maximum VWCG.DE drawdown since its inception was -35.70%, which is greater than ASWC.DE's maximum drawdown of -12.58%. Use the drawdown chart below to compare losses from any high point for VWCG.DE and ASWC.DE.
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Drawdown Indicators
| VWCG.DE | ASWC.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.70% | -12.58% | -23.12% |
Max Drawdown (1Y)Largest decline over 1 year | -9.58% | -12.58% | +3.00% |
Max Drawdown (3Y)Largest decline over 3 years | -16.07% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -20.09% | — | — |
Current DrawdownCurrent decline from peak | -0.03% | -2.83% | +2.80% |
Average DrawdownAverage peak-to-trough decline | -4.98% | -2.47% | -2.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.51% | 5.51% | -3.00% |
Volatility
VWCG.DE vs. ASWC.DE - Volatility Comparison
The current volatility for Vanguard FTSE Developed Europe UCITS ETF (EUR) Accumulating (VWCG.DE) is 4.24%, while HANetf Future of Defence UCITS ETF Acc EUR (ASWC.DE) has a volatility of 5.89%. This indicates that VWCG.DE experiences smaller price fluctuations and is considered to be less risky than ASWC.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VWCG.DE | ASWC.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.24% | 5.89% | -1.65% |
Volatility (6M)Calculated over the trailing 6-month period | 10.80% | 15.89% | -5.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.05% | 20.35% | -7.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.31% | 19.11% | -4.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.85% | 19.11% | -2.26% |
VWCG.DE vs. ASWC.DE - Expense Ratio Comparison
VWCG.DE has a 0.10% expense ratio, which is lower than ASWC.DE's 0.49% expense ratio.
Dividends
VWCG.DE vs. ASWC.DE - Dividend Comparison
Neither VWCG.DE nor ASWC.DE has paid dividends to shareholders.
Frequently Asked Questions
VWCG.DE and ASWC.DE have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VWCG.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VWCG.DE is cheaper with a 0.10% expense ratio, compared with 0.49% for ASWC.DE.
VWCG.DE is categorized as Europe Equities, while ASWC.DE is Aerospace & Defense. VWCG.DE tracks FTSE Developed Europe, while ASWC.DE tracks EQM Future of Defence Index. They also come from different issuers: Vanguard and HANetf. Their fees differ too: 0.10% for VWCG.DE and 0.49% for ASWC.DE.
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