OriginaveWEBN vs VGVF (VHVE): 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.
WEBN
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
VGVF
- 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
WEBN tracks the Solactive GBS Global Markets Large & Mid Cap IndexVGVF tracks the FTSE Developed World Index
What did the last 1 years do to €10,000?
You invest €10,000 at the start of the window and touch nothing — dividends reinvested, the running year not counted. Both funds are measured over the same 1 full years (2025–2025) — the longest stretch both were trading.
WEBN vs VGVF, 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 | WEBN | VGVF | Winner |
|---|---|---|---|
| 2026 (so far) | +16.52% | +17.03% | VGVF |
| 2025 | +9.70% | +8.99% | WEBN |
| 2024 | +6.17% | +24.73% | VGVF |
| 2023 | — | +20.35% | — |
| 2022 | — | -13.58% | — |
| 2021 | — | +31.62% | — |
| 2020 | — | +2.32% | — |
WEBN vs VGVF in plain words
WEBN tracks the Solactive GBS Global Markets Large & Mid Cap Index while VGVF follows the FTSE Developed World Index, so they own different slices of the market and their years can look very different. WEBN charges 0.07% a year in running costs and VGVF charges 0.12% — WEBN 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 3 calendar years both funds were trading, WEBN finished the year ahead 1 times and VGVF 2 times. €10,000 invested at the start of 2025 was worth €10,970 in WEBN versus €10,899 in VGVF by the end of 2025, dividends reinvested.
VHVE is the London (USD) listing of the same fund, ISIN IE00BK5BQV03 — VGVF is its EUR line on Xetra.
Fund facts: WEBN vs VGVF
| Fact | WEBN | VGVF |
|---|---|---|
| Fund | Amundi Prime All Country World UCITS ETF (Acc) | Vanguard FTSE Developed World UCITS ETF (Acc) |
| Tracks | Solactive GBS Global Markets Large & Mid Cap Index | FTSE Developed World Index |
| Yearly cost (TER) | 0.07% | 0.12% |
| Dividends | Accumulating — dividends reinvested | Accumulating — dividends reinvested |
| Launched | 5 Jun 2024 | 24 Sept 2019 |
| ISIN | IE0003XJA0J9 | IE00BK5BQV03 |
| WKN | ETF151 | A2PLS9 |
| Also trades as | — | VHVE |
| €10,000 invested | What €10,000 in WEBN became | What €10,000 in VGVF became |
How bumpy the ride was: WEBN vs VGVF
These head-to-head figures use only the 564 trading days both funds were listed: 15 Jul 2024 to 7 Oct 2026, roughly 2.2 years.
WEBN and VGVF swung about equally: annualised volatility of 14.5% for WEBN against 14.3% for VGVF, with WEBN moving 1% or more on 20.4% of trading days and VGVF on 18.8%. WEBN's worst day was -4.84% on 9 Apr 2025; VGVF's was -4.82% on 3 Apr 2025.
Both funds suffered a drawdown of about the same depth: WEBN fell -21.22% from its peak on 19 Feb 2025 to a low on 9 Apr 2025, then closed back above the old peak on 19 Sept 2025, 5 months after the low; VGVF fell -21.17% from its peak on 17 Feb 2025 to a low on 9 Apr 2025, then closed back above the old peak on 2 Oct 2025, 5 months after the low.
Day to day the two move almost in lockstep: the correlation of their daily returns is 0.95, and they closed in opposite directions on 9.2% of the 563 days measured. The widest single-day gap came on 13 Mar 2025, when WEBN moved +0.76% and VGVF -0.66%.
| Measure | WEBN | VGVF |
|---|---|---|
| Annualised volatility | 14.5% | 14.3% |
| Worst day | -4.84% on 9 Apr 2025 | -4.82% on 3 Apr 2025 |
| Best day | +3.90% on 10 Apr 2025 | +3.49% on 10 Apr 2025 |
| Days moving 1% or more | 20.4% of days | 18.8% of days |
| Deepest drawdown | -21.22% | -21.17% |
| Peak to trough | 19 Feb 2025 → 9 Apr 2025 | 17 Feb 2025 → 9 Apr 2025 |
| Back above the old peak | 19 Sept 2025 · 5 months | 2 Oct 2025 · 5 months |
Years WEBN and VGVF parted ways
In 1 of the 2 completed calendar years both funds were trading, the two returns ended more than 5 points apart. The widest split was 2024: WEBN returned +6.17% and VGVF +24.73%, a gap of 18.6 points. They rose together in 2 years.
| Year | WEBN | VGVF | Gap (WEBN − VGVF) |
|---|---|---|---|
| 2024 | +6.17% | +24.73% | -18.6 pts |
How often WEBN beat VGVF over any 12 months
Across the 15 rolling 12-month windows since July 2024, measured month-end to month-end, WEBN finished ahead in 80.0% of them (12) and VGVF in 20.0% (3).
€200 a month into each, 2025–2025
Putting €200 into each fund at the start of every month from January 2025 to December 2025 (12 payments, €2,400 in total) would have grown to €2,613 in WEBN and €2,600 in VGVF, leaving WEBN €12 ahead.
| Outcome | WEBN | VGVF |
|---|---|---|
| Paid in | €2,400 | €2,400 |
| Value at the end of 2025 | €2,613 | €2,600 |
| Gain on the money paid in | +€213 | +€200 |
| Gain in % | +8.86% | +8.34% |
Each payment rides the return of the month it lands in, dividends reinvested. Only calendar years with all twelve months of data for both funds count, so the plan may start later than the shared history.
Frequently asked
Is WEBN or VGVF better?
Across the 3 calendar years both funds were trading, WEBN finished the year ahead 1 times and VGVF 2 times. €10,000 invested at the start of 2025 was worth €10,970 in WEBN versus €10,899 in VGVF by the end of 2025, dividends reinvested. Past returns don't promise future ones — but this is what actually happened.
What is the difference between WEBN and VGVF?
WEBN tracks the Solactive GBS Global Markets Large & Mid Cap Index while VGVF follows the FTSE Developed World Index, so they own different slices of the market and their years can look very different. WEBN charges 0.07% a year in running costs and VGVF charges 0.12% — WEBN 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, WEBN or VGVF?
WEBN and VGVF swung about equally: annualised volatility of 14.5% for WEBN against 14.3% for VGVF, with WEBN moving 1% or more on 20.4% of trading days and VGVF on 18.8%. WEBN's worst day was -4.84% on 9 Apr 2025; VGVF's was -4.82% on 3 Apr 2025.
Which had the deeper drawdown, WEBN or VGVF?
Both funds suffered a drawdown of about the same depth: WEBN fell -21.22% from its peak on 19 Feb 2025 to a low on 9 Apr 2025, then closed back above the old peak on 19 Sept 2025, 5 months after the low; VGVF fell -21.17% from its peak on 17 Feb 2025 to a low on 9 Apr 2025, then closed back above the old peak on 2 Oct 2025, 5 months after the low.
How often did WEBN beat VGVF over a 12-month period?
Across the 15 rolling 12-month windows since July 2024, measured month-end to month-end, WEBN finished ahead in 80.0% of them (12) and VGVF in 20.0% (3).
What would €10,000 in WEBN have become?
€10,000 invested in WEBN at the start of 2025 grew to €10,970 by the end of 2025, with dividends reinvested — an average of 9.7% per year.
Is VHVE the same as VGVF?
VHVE is the London (USD) listing of the same fund, ISIN IE00BK5BQV03 — VGVF is its EUR line on Xetra.
Related comparisons
More head-to-heads featuring WEBN or VGVF.
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.