XDND.DE vs. TDVX.DE

Last updated Jul 18, 2026

XDND.DE (Xtrackers MSCI North America High Dividend Yield UCITS ETF (Acc)) and TDVX.DE (VanEck Morningstar Developed Markets ex-US Dividend Leaders UCITS ETF A USD Acc) are both Dividend funds - XDND.DE tracks the MSCI North America High Dividend Yield Index while TDVX.DE tracks the Morningstar Developed Markets ex-US Large Cap Dividend Leaders Screened Select Index. Both are passively managed. At a 0.49 correlation, their price movements are largely independent. XDND.DE charges 0.39%/yr vs 0.38%/yr for TDVX.DE.

Performance

XDND.DE vs. TDVX.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Xtrackers MSCI North America High Dividend Yield UCITS ETF (Acc) (XDND.DE) and VanEck Morningstar Developed Markets ex-US Dividend Leaders UCITS ETF A USD Acc (TDVX.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

XDND.DE

• 1D: 0.64%
• 1M: 3.17%
• 6M: 11.32%
• YTD: 16.84%
• 1Y: 22.89%
• 3Y*: 13.36%
• 5Y*: 9.71%
• 10Y*: 9.32%

TDVX.DE

• 1D: 0.00%
• 1M: 3.56%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

XDND.DE vs. TDVX.DE - Yearly Performance Comparison

	2026 (YTD)
XDND.DE Xtrackers MSCI North America High Dividend Yield UCITS ETF (Acc)	10.12%
TDVX.DE VanEck Morningstar Developed Markets ex-US Dividend Leaders UCITS ETF A USD Acc	-10.16%

Correlation

The correlation between XDND.DE and TDVX.DE is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 20, 2026	0.49

Return for Risk

XDND.DE vs. TDVX.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

XDND.DE

XDND.DE Risk / Return Rank: 91
XDND.DE Sharpe Ratio Rank: 91
XDND.DE Sortino Ratio Rank: 92
XDND.DE Omega Ratio Rank: 89
XDND.DE Calmar Ratio Rank: 92
XDND.DE Martin Ratio Rank: 88

TDVX.DE

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

XDND.DE vs. TDVX.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI North America High Dividend Yield UCITS ETF (Acc) (XDND.DE) and VanEck Morningstar Developed Markets ex-US Dividend Leaders UCITS ETF A USD Acc (TDVX.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.

	XDND.DE	TDVX.DE	Difference
Sharpe ratio: Return per unit of total volatility	2.43	—	—
Sortino ratio: Return per unit of downside risk	3.53	—	—
Omega ratio: Gain probability vs. loss probability	1.42	—	—
Calmar ratio: Return relative to maximum drawdown	4.63	—	—
Martin ratio: Return relative to average drawdown	14.16	—	—

Drawdowns

XDND.DE vs. TDVX.DE - Drawdown Comparison

The maximum XDND.DE drawdown since its inception was -32.18%, which is greater than TDVX.DE's maximum drawdown of -16.04%. Use the drawdown chart below to compare losses from any high point for XDND.DE and TDVX.DE.

Drawdown Indicators

	XDND.DE	TDVX.DE	Difference
Max Drawdown Largest peak-to-trough decline	-32.18%	-16.04%	-16.14%
Max Drawdown (1Y) Largest decline over 1 year	-4.92%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-18.13%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-18.13%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-32.18%	—	—
Current Drawdown Current decline from peak	-0.02%	-10.16%	+10.14%
Average Drawdown Average peak-to-trough decline	-6.82%	-13.28%	+6.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.61%	—	—

Volatility

Volatility by Period

	XDND.DE	TDVX.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.79%	—	—
Volatility (6M) Calculated over the trailing 6-month period	7.07%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	9.51%	31.74%	-22.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.52%	31.74%	-19.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.08%	31.74%	-15.66%

XDND.DE vs. TDVX.DE - Expense Ratio Comparison

XDND.DE has a 0.39% expense ratio, which is higher than TDVX.DE's 0.38% expense ratio.

Dividends

XDND.DE vs. TDVX.DE - Dividend Comparison

Neither XDND.DE nor TDVX.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both XDND.DE and TDVX.DE in my portfolio?

XDND.DE and TDVX.DE have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XDND.DE or TDVX.DE?

On fees, TDVX.DE is cheaper at 0.38% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XDND.DE or TDVX.DE?

TDVX.DE is cheaper with a 0.38% expense ratio, compared with 0.39% for XDND.DE.

What is the main difference between XDND.DE and TDVX.DE?

XDND.DE tracks MSCI North America High Dividend Yield Index, while TDVX.DE tracks Morningstar Developed Markets ex-US Large Cap Dividend Leaders Screened Select Index. They also come from different issuers: Xtrackers and VanEck. Their fees differ too: 0.39% for XDND.DE and 0.38% for TDVX.DE.