OriginaveVGWD 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.
VGWD
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
VGWD tracks the FTSE All-World High Dividend Yield Index
VGWD 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 | VGWD | DEGC | Winner |
|---|---|---|---|
| 2026 (so far) | +17.20% | +15.71% | VGWD |
| 2025 | +13.16% | +1.95% | VGWD |
| 2024 | +15.75% | — | — |
| 2023 | +7.29% | — | — |
| 2022 | +0.08% | — | — |
| 2021 | +27.90% | — | — |
| 2020 | -9.60% | — | — |
| 2019 | +25.03% | — | — |
| 2018 | -8.03% | — | — |
| 2017 | +0.41% | — | — |
VGWD vs DEGC in plain words
VGWD tracks the FTSE All-World High Dividend Yield 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. VGWD charges 0.29% a year in running costs and DEGC charges 0.26% — DEGC is the cheaper fund to hold.
DEGC reinvests its dividends automatically (accumulating), while VGWD pays them out as cash (distributing). Across the 2 calendar years both funds were trading, VGWD finished the year ahead 2 times and DEGC 0 times.
VHYL is the London (GBP) listing of the same fund, ISIN IE00B8GKDB10 — VGWD 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: VGWD vs DEGC
| Fact | VGWD | DEGC |
|---|---|---|
| Fund | Vanguard FTSE All-World High Dividend Yield UCITS ETF (Dist) | Dimensional Global Core Equity UCITS ETF USD (Acc) |
| Tracks | FTSE All-World High Dividend Yield Index | Dimensional Global Core Equity strategy |
| Yearly cost (TER) | 0.29% | 0.26% |
| Dividends | Distributing — dividends paid out | Accumulating — dividends reinvested |
| Launched | 21 May 2013 | 12 Nov 2025 |
| ISIN | IE00B8GKDB10 | IE000EGGFVG6 |
| WKN | A1T8FV | A41E9T |
| €10,000 invested | What €10,000 in VGWD became | What €10,000 in DEGC became |
How bumpy the ride was: VGWD 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.
VGWD and DEGC swung about equally: annualised volatility of 8.8% for VGWD against 9.2% for DEGC, with VGWD moving 1% or more on 6.9% of trading days and DEGC on 8.8%. VGWD's worst day was -2.16% on 3 Mar 2026; DEGC's was -1.80% on 9 Mar 2026.
Both funds suffered a drawdown of about the same depth: VGWD fell -5.82% from its peak on 26 Feb 2026 to a low on 20 Mar 2026, then closed back above the old peak on 14 May 2026, 1 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 usually move together: the correlation of their daily returns is 0.80, and they closed in opposite directions on 18.0% of the 217 days measured. The widest single-day gap came on 3 Aug 2026, when VGWD moved +0.12% and DEGC +1.64%.
| Measure | VGWD | DEGC |
|---|---|---|
| Annualised volatility | 8.8% | 9.2% |
| Worst day | -2.16% on 3 Mar 2026 | -1.80% on 9 Mar 2026 |
| Best day | +1.85% on 8 Apr 2026 | +1.70% on 1 Apr 2026 |
| Days moving 1% or more | 6.9% of days | 8.8% of days |
| Deepest drawdown | -5.82% | -5.49% |
| Peak to trough | 26 Feb 2026 → 20 Mar 2026 | 2 Mar 2026 → 27 Mar 2026 |
| Back above the old peak | 14 May 2026 · 1 month | 16 Apr 2026 · under a month |
Years VGWD 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, VGWD returned +13.16% and DEGC +1.95%, a gap of 11.2 points. They rose together in 1 year.
| Year | VGWD | DEGC | Gap (VGWD − DEGC) |
|---|---|---|---|
| 2025 | +13.16% | +1.95% | +11.2 pts |
Frequently asked
Is VGWD or DEGC better?
Across the 2 calendar years both funds were trading, VGWD 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 VGWD and DEGC?
VGWD tracks the FTSE All-World High Dividend Yield 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. VGWD charges 0.29% a year in running costs and DEGC charges 0.26% — DEGC is the cheaper fund to hold. DEGC reinvests its dividends automatically (accumulating), while VGWD pays them out as cash (distributing).
Which is more volatile, VGWD or DEGC?
VGWD and DEGC swung about equally: annualised volatility of 8.8% for VGWD against 9.2% for DEGC, with VGWD moving 1% or more on 6.9% of trading days and DEGC on 8.8%. VGWD's worst day was -2.16% on 3 Mar 2026; DEGC's was -1.80% on 9 Mar 2026.
Which had the deeper drawdown, VGWD or DEGC?
Both funds suffered a drawdown of about the same depth: VGWD fell -5.82% from its peak on 26 Feb 2026 to a low on 20 Mar 2026, then closed back above the old peak on 14 May 2026, 1 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.
Related comparisons
More head-to-heads featuring VGWD 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.