VWRL.AS vs. TDIV.AS
VWRL.AS (Vanguard FTSE All-World UCITS ETF (USD) Distributing) and TDIV.AS (VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF) are both exchange-traded funds - VWRL.AS is a Global Equities fund tracking the FTSE All-World Index, while TDIV.AS is a Global Equity Income fund tracking the Morningstar Developed Markets Large Cap Dividend Leaders Screened Select Index. Both are passively managed. Over the past 10 years, VWRL.AS returned 12.39%/yr vs 12.02%/yr for TDIV.AS. A 0.74 correlation means they provide meaningful diversification when combined. VWRL.AS charges 0.19%/yr vs 0.38%/yr for TDIV.AS.
Performance
VWRL.AS vs. TDIV.AS - Performance Comparison
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Returns By Period
In the year-to-date period, VWRL.AS achieves a 12.89% return, which is significantly higher than TDIV.AS's 9.89% return. Both investments have delivered pretty close results over the past 10 years, with VWRL.AS having a 12.39% annualized return and TDIV.AS not far behind at 12.02%.
VWRL.AS
- 1D
- -0.19%
- 1M
- 5.02%
- YTD
- 12.89%
- 6M
- 13.40%
- 1Y
- 26.44%
- 3Y*
- 17.84%
- 5Y*
- 12.29%
- 10Y*
- 12.39%
TDIV.AS
- 1D
- 0.25%
- 1M
- 0.39%
- YTD
- 9.89%
- 6M
- 12.84%
- 1Y
- 25.59%
- 3Y*
- 19.97%
- 5Y*
- 17.52%
- 10Y*
- 12.02%
VWRL.AS vs. TDIV.AS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VWRL.AS Vanguard FTSE All-World UCITS ETF (USD) Distributing | 12.89% | 8.40% | 25.57% | 18.07% | -13.65% | 28.52% | 6.31% | 27.76% | -4.68% | 8.95% |
TDIV.AS VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF | 9.89% | 24.40% | 15.98% | 10.91% | 16.18% | 27.85% | -10.17% | 20.97% | -7.12% | 2.88% |
Correlation
The correlation between VWRL.AS and TDIV.AS is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.42 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.54 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.63 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.74 |
Correlation (All Time) Calculated using the full available price history since May 24, 2016 | 0.74 |
Over the past year, the correlation between VWRL.AS and TDIV.AS has dropped to 0.42 - well below their long-term average of 0.74, suggesting their price drivers have been diverging.
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Return for Risk
VWRL.AS vs. TDIV.AS — Risk / Return Rank
VWRL.AS
TDIV.AS
VWRL.AS vs. TDIV.AS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard FTSE All-World UCITS ETF (USD) Distributing (VWRL.AS) and VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF (TDIV.AS). 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.
| VWRL.AS | TDIV.AS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.45 | ||
| Sortino ratioReturn per unit of downside risk | -0.72 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.51 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 4.00 | 7.19 | -3.19 |
| Martin ratioReturn relative to average drawdown | 16.48 | 19.93 | -3.44 |
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
| VWRL.AS | TDIV.AS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.34 | 2.79 | -0.45 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.88 | 1.43 | -0.55 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.82 | 0.83 | 0.00 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.77 | 0.84 | -0.07 |
Drawdowns
VWRL.AS vs. TDIV.AS - Drawdown Comparison
The maximum VWRL.AS drawdown since its inception was -33.27%, smaller than the maximum TDIV.AS drawdown of -36.06%. Use the drawdown chart below to compare losses from any high point for VWRL.AS and TDIV.AS.
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Drawdown Indicators
| VWRL.AS | TDIV.AS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.27% | -36.06% | +2.79% |
Max Drawdown (1Y)Largest decline over 1 year | -6.53% | -3.51% | -3.02% |
Max Drawdown (3Y)Largest decline over 3 years | -21.00% | -15.26% | -5.74% |
Max Drawdown (5Y)Largest decline over 5 years | -21.00% | -15.26% | -5.74% |
Max Drawdown (10Y)Largest decline over 10 years | -33.27% | -36.06% | +2.79% |
Current DrawdownCurrent decline from peak | -0.61% | -1.99% | +1.38% |
Average DrawdownAverage peak-to-trough decline | -4.38% | -3.93% | -0.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.59% | 1.26% | +0.33% |
Volatility
VWRL.AS vs. TDIV.AS - Volatility Comparison
Vanguard FTSE All-World UCITS ETF (USD) Distributing (VWRL.AS) has a higher volatility of 3.07% compared to VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF (TDIV.AS) at 2.38%. This indicates that VWRL.AS's price experiences larger fluctuations and is considered to be riskier than TDIV.AS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VWRL.AS | TDIV.AS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.07% | 2.38% | +0.69% |
Volatility (6M)Calculated over the trailing 6-month period | 8.03% | 6.65% | +1.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.16% | 9.06% | +2.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.70% | 12.07% | +1.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.82% | 14.31% | +0.51% |
VWRL.AS vs. TDIV.AS - Expense Ratio Comparison
VWRL.AS has a 0.19% expense ratio, which is lower than TDIV.AS's 0.38% expense ratio.
Dividends
VWRL.AS vs. TDIV.AS - Dividend Comparison
VWRL.AS's dividend yield for the trailing twelve months is around 1.24%, less than TDIV.AS's 3.19% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TDIV.AS VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF | 3.19% | 3.58% | 4.19% | 4.98% | 4.55% | 3.98% | 4.12% | 4.40% | 4.93% | 3.95% | 1.11% | 0.00% |
VWRL.AS Vanguard FTSE All-World UCITS ETF (USD) Distributing | 1.24% | 1.42% | 1.47% | 1.74% | 2.10% | 1.43% | 1.56% | 1.89% | 2.24% | 1.93% | 1.95% | 2.03% |
Frequently Asked Questions
VWRL.AS and TDIV.AS have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VWRL.AS is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VWRL.AS is cheaper with a 0.19% expense ratio, compared with 0.38% for TDIV.AS.
VWRL.AS is categorized as Global Equities, while TDIV.AS is Global Equity Income. VWRL.AS tracks FTSE All-World Index, while TDIV.AS tracks Morningstar Developed Markets Large Cap Dividend Leaders Screened Select Index. They also come from different issuers: Vanguard and VanEck. Their fees differ too: 0.19% for VWRL.AS and 0.38% for TDIV.AS.
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