OriginaveIS3S (IWVL) vs DEGC: which ETF won each year?
Yearly returns side by side, one winner per year — dividends included, priced as you'd actually buy them.
Every figure here is in euros — what you'd actually pocket buying on Xetra. Fund fact sheets usually headline returns in US dollars, which can look very different: in 2025 a world tracker rose about 23% in dollars but only about 9% in euros, because the euro gained roughly 13% against the dollar. Here's the full story, year by year.
IS3S
- SXR8iShares Core S&P 500 UCITS ETF USD (Acc)tracks the S&P 500 Index
VUAAVanguard S&P 500 UCITS ETF (Acc)tracks the S&P 500 Index
SPYLSPDR S&P 500 UCITS ETF (Acc)tracks the S&P 500 Index- SPYYSPDR MSCI ACWI UCITS ETF (Acc)tracks the MSCI ACWI Index
- SPYISPDR MSCI All Country World Investable Market UCITS ETF USD Unhedged (Acc)tracks the MSCI ACWI IMI Index
- VWCEVanguard FTSE All-World UCITS ETF (Acc)tracks the FTSE All-World Index
WEBNAmundi Prime All Country World UCITS ETF (Acc)tracks the Solactive GBS Global Markets Large & Mid Cap Index- EUNLiShares Core MSCI World UCITS ETF (Acc)tracks the MSCI World Index
- IUSQiShares MSCI ACWI UCITS ETF USD (Acc)tracks the MSCI ACWI Index
- VGVFVanguard FTSE Developed World UCITS ETF (Acc)tracks the FTSE Developed World Index
- SXRViShares Nasdaq 100 UCITS ETF (Acc)tracks the Nasdaq-100 Index
- AvantisAVWCAvantis Global Equity UCITS ETF USD Acctracks the Avantis Global Equity strategy
- DimensionalDEGCDimensional Global Core Equity UCITS ETF USD (Acc)tracks the Dimensional Global Core Equity strategy
- VGWDVanguard FTSE All-World High Dividend Yield UCITS ETF (Dist)tracks the FTSE All-World High Dividend Yield Index
- IS3SiShares Edge MSCI World Value Factor UCITS ETFtracks the MSCI World Enhanced Value Index
- IS3RiShares Edge MSCI World Momentum Factor UCITS ETFtracks the MSCI World Momentum Index
- IS3QiShares Edge MSCI World Quality Factor UCITS ETFtracks the MSCI World Sector Neutral Quality Index
DimensionalDEGC
- SXR8iShares Core S&P 500 UCITS ETF USD (Acc)tracks the S&P 500 Index
- VUAAVanguard S&P 500 UCITS ETF (Acc)tracks the S&P 500 Index
- SPYLSPDR S&P 500 UCITS ETF (Acc)tracks the S&P 500 Index
- SPYYSPDR MSCI ACWI UCITS ETF (Acc)tracks the MSCI ACWI Index
- SPYISPDR MSCI All Country World Investable Market UCITS ETF USD Unhedged (Acc)tracks the MSCI ACWI IMI Index
- VWCEVanguard FTSE All-World UCITS ETF (Acc)tracks the FTSE All-World Index
- WEBNAmundi Prime All Country World UCITS ETF (Acc)tracks the Solactive GBS Global Markets Large & Mid Cap Index
- EUNLiShares Core MSCI World UCITS ETF (Acc)tracks the MSCI World Index
- IUSQiShares MSCI ACWI UCITS ETF USD (Acc)tracks the MSCI ACWI Index
- VGVFVanguard FTSE Developed World UCITS ETF (Acc)tracks the FTSE Developed World Index
- SXRViShares Nasdaq 100 UCITS ETF (Acc)tracks the Nasdaq-100 Index
- AvantisAVWCAvantis Global Equity UCITS ETF USD Acctracks the Avantis Global Equity strategy
- DimensionalDEGCDimensional Global Core Equity UCITS ETF USD (Acc)tracks the Dimensional Global Core Equity strategy
- VGWDVanguard FTSE All-World High Dividend Yield UCITS ETF (Dist)tracks the FTSE All-World High Dividend Yield Index
- IS3SiShares Edge MSCI World Value Factor UCITS ETFtracks the MSCI World Enhanced Value Index
- IS3RiShares Edge MSCI World Momentum Factor UCITS ETFtracks the MSCI World Momentum Index
- IS3QiShares Edge MSCI World Quality Factor UCITS ETFtracks the MSCI World Sector Neutral Quality Index
IS3S tracks the MSCI World Enhanced Value Index
IS3S vs DEGC, year by year
Calendar-year total returns (dividends included) side by side, and who took the crown each year. A dash means the fund did not exist yet.
| Year | IS3S | DEGC | Winner |
|---|---|---|---|
| 2026 (so far) | +39.61% | +15.71% | IS3S |
| 2025 | +25.13% | +1.95% | IS3S |
| 2024 | +11.36% | — | — |
| 2023 | +15.62% | — | — |
| 2022 | -4.81% | — | — |
| 2021 | +30.38% | — | — |
| 2020 | -12.53% | — | — |
| 2019 | +22.01% | — | — |
| 2018 | -10.34% | — | — |
| 2017 | +7.66% | — | — |
| 2016 | +11.24% | — | — |
| 2015 | +8.31% | — | — |
| 2014 | -16.73% | — | — |
IS3S vs DEGC in plain words
IS3S tracks the MSCI World Enhanced Value Index while DEGC follows the Dimensional Global Core Equity strategy, so they own different slices of the market and their years can look very different. IS3S charges 0.25% a year in running costs and DEGC charges 0.26% — IS3S is the cheaper fund to hold.
Both are accumulating funds: dividends are reinvested inside the fund and show up as a higher share price, never as a payout. Across the 2 calendar years both funds were trading, IS3S finished the year ahead 2 times and DEGC 0 times.
IWVL is the London (USD) listing of the same fund, ISIN IE00BP3QZB59 — IS3S is its EUR line on Xetra.
Actively managed: it weights developed-market companies towards low valuations, high profitability and smaller size rather than following an index, and measures itself against the MSCI World.
Fund facts: IS3S vs DEGC
| Fact | IS3S | DEGC |
|---|---|---|
| Fund | iShares Edge MSCI World Value Factor UCITS ETF | Dimensional Global Core Equity UCITS ETF USD (Acc) |
| Tracks | MSCI World Enhanced Value Index | Dimensional Global Core Equity strategy |
| Yearly cost (TER) | 0.25% | 0.26% |
| Dividends | Accumulating — dividends reinvested | Accumulating — dividends reinvested |
| Launched | 3 Oct 2014 | 12 Nov 2025 |
| ISIN | IE00BP3QZB59 | IE000EGGFVG6 |
| WKN | A12ATG | A41E9T |
| Also trades as | IWVL | — |
| €10,000 invested | What €10,000 in IS3S became | What €10,000 in DEGC became |
How bumpy the ride was: IS3S vs DEGC
These head-to-head figures use only the 218 trading days both funds were listed: 24 Nov 2025 to 7 Oct 2026, 10 months.
IS3S swung more than DEGC: annualised volatility of 15.8% for IS3S against 9.2% for DEGC, with IS3S moving 1% or more on 27.2% of trading days and DEGC on 8.8%. IS3S's worst day was -2.81% on 3 Mar 2026; DEGC's was -1.80% on 9 Mar 2026.
IS3S had the deeper drawdown: it fell -6.09% from its peak on 25 Feb 2026 to a low on 31 Mar 2026, then closed back above the old peak on 14 Apr 2026, under a month after the low; DEGC fell -5.49% from its peak on 2 Mar 2026 to a low on 27 Mar 2026, then closed back above the old peak on 16 Apr 2026, under a month after the low.
Day to day the two often go their own way: the correlation of their daily returns is 0.72, and they closed in opposite directions on 26.7% of the 217 days measured. The widest single-day gap came on 25 Jun 2026, when IS3S moved +2.00% and DEGC -0.38%.
| Measure | IS3S | DEGC |
|---|---|---|
| Annualised volatility | 15.8% | 9.2% |
| Worst day | -2.81% on 3 Mar 2026 | -1.80% on 9 Mar 2026 |
| Best day | +3.60% on 8 Apr 2026 | +1.70% on 1 Apr 2026 |
| Days moving 1% or more | 27.2% of days | 8.8% of days |
| Deepest drawdown | -6.09% | -5.49% |
| Peak to trough | 25 Feb 2026 → 31 Mar 2026 | 2 Mar 2026 → 27 Mar 2026 |
| Back above the old peak | 14 Apr 2026 · under a month | 16 Apr 2026 · under a month |
Years IS3S and DEGC parted ways
In the one completed calendar year both funds were trading, the two returns ended more than 5 points apart. In 2025, IS3S returned +25.13% and DEGC +1.95%, a gap of 23.2 points. They rose together in 1 year.
| Year | IS3S | DEGC | Gap (IS3S − DEGC) |
|---|---|---|---|
| 2025 | +25.13% | +1.95% | +23.2 pts |
Frequently asked
Is IS3S or DEGC better?
Across the 2 calendar years both funds were trading, IS3S finished the year ahead 2 times and DEGC 0 times. Past returns don't promise future ones — but this is what actually happened.
What is the difference between IS3S and DEGC?
IS3S tracks the MSCI World Enhanced Value Index while DEGC follows the Dimensional Global Core Equity strategy, so they own different slices of the market and their years can look very different. IS3S charges 0.25% a year in running costs and DEGC charges 0.26% — IS3S is the cheaper fund to hold. Both are accumulating funds: dividends are reinvested inside the fund and show up as a higher share price, never as a payout.
Which is more volatile, IS3S or DEGC?
IS3S swung more than DEGC: annualised volatility of 15.8% for IS3S against 9.2% for DEGC, with IS3S moving 1% or more on 27.2% of trading days and DEGC on 8.8%. IS3S's worst day was -2.81% on 3 Mar 2026; DEGC's was -1.80% on 9 Mar 2026.
Which had the deeper drawdown, IS3S or DEGC?
IS3S had the deeper drawdown: it fell -6.09% from its peak on 25 Feb 2026 to a low on 31 Mar 2026, then closed back above the old peak on 14 Apr 2026, under a month after the low; DEGC fell -5.49% from its peak on 2 Mar 2026 to a low on 27 Mar 2026, then closed back above the old peak on 16 Apr 2026, under a month after the low.
Is IWVL the same as IS3S?
IWVL is the London (USD) listing of the same fund, ISIN IE00BP3QZB59 — IS3S is its EUR line on Xetra.
Related comparisons
More head-to-heads featuring IS3S or DEGC.
Source: Yahoo Finance daily adjusted closes for the EUR trading lines on Xetra, dividends reinvested. Prices through · refreshed 7 Oct 2026, 08:49 UTC. How every number is calculated.