VT vs VWRL: returns, risk and drawdowns compared
Vanguard Total World Stock ETF against Vanguard FTSE All-World UCITS ETF (Dist), over the same 6 years (July 2020 to October 2026) with dividends reinvested.
Data updated October 2026
From July 2020 to October 2026, VT returned 14.6% a year and VWRL 12.9% a year on average, so VT came out ahead by 1.7% a year. VT was the more volatile of the two (14.7% against 12.5% a year), and the deepest falls from a month-end high were 25.5% for VT and 15.7% for VWRL.
The correlation of monthly returns was 0.74: they usually moved together. Over 41 rolling 3-year periods, VT did better in 54% and VWRL in 46%.
VT trades in USD and VWRL in EUR: each return is in its own currency, so part of the gap reflects the move of the euro against the dollar.
Side by side
| VT | VWRL | |
|---|---|---|
| Annual return (CAGR) | +14.6% | +12.9% |
| Total return | +137% | +116% |
| Annual volatility | 14.7% | 12.5% |
| Maximum drawdown (month-end) | −25.5% | −15.7% |
| Worst month | −9.5% | −7.2% |
| Best month | +12.4% | +9.2% |
| Positive months | 63% | 62% |
| Best year | 2025: +22.4% | 2021: +26.9% |
| Worst year | 2022: −18.0% | 2022: −15.7% |
| 1-year return | +15.7% | +18.1% |
| 5 years, a year | +10.3% | +9.6% |
| 10 years, a year | — | — |
| Trading currency | USD | EUR |
First nine rows: the same 76 months for both funds. Trailing returns: to each fund’s last close.
Growth of 10,000: VT vs VWRL
Returns by calendar year
| Year | VT | VWRL |
|---|---|---|
| 2025 | +22.4% | +7.6% |
| 2024 | +16.5% | +23.4% |
| 2023 | +22.0% | +15.9% |
| 2022 | −18.0% | −15.7% |
| 2021 | +18.3% | +26.9% |
How the figures are calculated
Total return in the fund’s trading currency, from end-of-day prices with dividends reinvested on the ex-date. The fund’s own ongoing charges are already reflected in its price; trading costs, taxes and currency conversion are not included. Past returns do not predict future returns.
The comparison uses only the months in which both funds have prices, so the figures cover the same period even when one fund is older.
Questions
Which has returned more, VT or VWRL?
From July 2020 to October 2026, VT returned +14.6% a year and VWRL +12.9% a year, with dividends reinvested, each in its own trading currency (USD and EUR). Over rolling 3-year periods VT did better in 54% of cases. Past returns do not predict future returns.
Which is riskier, VT or VWRL?
Over the same months annual volatility was 14.7% for VT and 12.5% for VWRL; the deepest fall from a month-end high was 25.5% and 15.7%, and the worst single month −9.5% and −7.2%.
How correlated are VT and VWRL?
The correlation of their monthly returns was 0.74: they usually moved together. Combining them has historically given some diversification.
More comparisons
Source: MarketStack end-of-day prices, total return with dividends reinvested. Figures are historical and descriptive; they are not forecasts and not investment advice. MEDGE Capital does not recommend buying or selling any instrument. Risk disclaimer.