VWCG.DE vs. VGWE.DE
VWCG.DE (Vanguard FTSE Developed Europe UCITS ETF (EUR) Accumulating) and VGWE.DE (Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Acc) are both exchange-traded funds - VWCG.DE is a Europe Equities fund tracking the FTSE Developed Europe, while VGWE.DE is a Dividend fund tracking the FTSE All-World High Dividend Yield Index. Both are passively managed. Over the past 5 years, VWCG.DE returned 9.96%/yr vs 11.47%/yr for VGWE.DE. Their correlation of 0.80 suggests significant overlap in exposure. VWCG.DE charges 0.10%/yr vs 0.29%/yr for VGWE.DE.
Performance
VWCG.DE vs. VGWE.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, VWCG.DE achieves a 7.34% return, which is significantly lower than VGWE.DE's 12.43% return.
VWCG.DE
- 1D
- 0.57%
- 1M
- 1.01%
- YTD
- 7.34%
- 6M
- 9.93%
- 1Y
- 16.18%
- 3Y*
- 14.09%
- 5Y*
- 9.96%
- 10Y*
- —
VGWE.DE
- 1D
- 0.23%
- 1M
- 2.28%
- YTD
- 12.43%
- 6M
- 13.64%
- 1Y
- 24.97%
- 3Y*
- 15.83%
- 5Y*
- 11.47%
- 10Y*
- —
VWCG.DE vs. VGWE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
VWCG.DE Vanguard FTSE Developed Europe UCITS ETF (EUR) Accumulating | 7.34% | 20.45% | 8.94% | 16.07% | -9.71% | 24.74% | 9.67% |
VGWE.DE Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Acc | 12.43% | 12.81% | 15.59% | 7.89% | 0.02% | 27.83% | 6.23% |
Correlation
The correlation between VWCG.DE and VGWE.DE is 0.80, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.80 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.76 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.78 |
Correlation (All Time) Calculated using the full available price history since Jun 4, 2020 | 0.80 |
The correlation between VWCG.DE and VGWE.DE has been stable across timeframes, ranging from 0.76 to 0.80 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
VWCG.DE vs. VGWE.DE — Risk / Return Rank
VWCG.DE
VGWE.DE
VWCG.DE vs. VGWE.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 Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Acc (VGWE.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.
| VWCG.DE | VGWE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.34 | ||
| Sortino ratioReturn per unit of downside risk | -1.79 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.47 | -0.23 |
| Calmar ratioReturn relative to maximum drawdown | 1.70 | 4.11 | -2.41 |
| Martin ratioReturn relative to average drawdown | 6.40 | 15.82 | -9.43 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| VWCG.DE | VGWE.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.26 | 2.60 | -1.34 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.69 | 0.99 | -0.30 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.64 | 1.10 | -0.46 |
Drawdowns
VWCG.DE vs. VGWE.DE - Drawdown Comparison
The maximum VWCG.DE drawdown since its inception was -35.68%, which is greater than VGWE.DE's maximum drawdown of -16.43%. Use the drawdown chart below to compare losses from any high point for VWCG.DE and VGWE.DE.
Loading charts...
Drawdown Indicators
| VWCG.DE | VGWE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.68% | -16.43% | -19.25% |
Max Drawdown (1Y)Largest decline over 1 year | -9.58% | -6.00% | -3.58% |
Max Drawdown (3Y)Largest decline over 3 years | -16.07% | -16.43% | +0.36% |
Max Drawdown (5Y)Largest decline over 5 years | -20.10% | -16.43% | -3.67% |
Current DrawdownCurrent decline from peak | -1.51% | -0.37% | -1.14% |
Average DrawdownAverage peak-to-trough decline | -5.10% | -2.37% | -2.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.55% | 1.56% | +0.99% |
Volatility
VWCG.DE vs. VGWE.DE - Volatility Comparison
Vanguard FTSE Developed Europe UCITS ETF (EUR) Accumulating (VWCG.DE) has a higher volatility of 4.33% compared to Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Acc (VGWE.DE) at 2.38%. This indicates that VWCG.DE's price experiences larger fluctuations and is considered to be riskier than VGWE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| VWCG.DE | VGWE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.33% | 2.38% | +1.95% |
Volatility (6M)Calculated over the trailing 6-month period | 10.64% | 7.18% | +3.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.91% | 9.47% | +3.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.29% | 11.51% | +2.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.09% | 12.23% | +4.86% |
VWCG.DE vs. VGWE.DE - Expense Ratio Comparison
VWCG.DE has a 0.10% expense ratio, which is lower than VGWE.DE's 0.29% expense ratio.
Dividends
VWCG.DE vs. VGWE.DE - Dividend Comparison
Neither VWCG.DE nor VGWE.DE has paid dividends to shareholders.
Frequently Asked Questions
VWCG.DE and VGWE.DE have a correlation of 0.80, 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 0.29% for VGWE.DE.
VWCG.DE is categorized as Europe Equities, while VGWE.DE is Dividend. VWCG.DE tracks FTSE Developed Europe, while VGWE.DE tracks FTSE All-World High Dividend Yield Index. Their fees differ too: 0.10% for VWCG.DE and 0.29% for VGWE.DE.
Find the right allocation for VWCG.DE and VGWE.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer