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Performance
Performance Chart
The chart shows the growth of an initial investment of CA$10,000 in Vanguard FTSE Developed Europe All Cap Index ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
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Different Benchmark Currency
VE.TO is traded in CAD, while the ^GSPC benchmark is in USD. To make them comparable, the benchmark values have been converted to CAD using the latest available exchange rates.
Returns By Period
Vanguard FTSE Developed Europe All Cap Index ETF (VE.TO) has returned 0.12% so far this year and 16.44% over the past 12 months. Over the last ten years, VE.TO has returned 9.42% per year, falling short of the S&P 500 Index benchmark, which averaged 12.91% annually.
Vanguard FTSE Developed Europe All Cap Index ETF
- 1D
- 3.10%
- 1M
- -6.68%
- YTD
- 0.12%
- 6M
- 4.21%
- 1Y
- 16.44%
- 3Y*
- 15.23%
- 5Y*
- 10.71%
- 10Y*
- 9.42%
Benchmark (S&P 500 Index)
- 1D
- 2.80%
- 1M
- -3.22%
- YTD
- -3.34%
- 6M
- -2.48%
- 1Y
- 12.46%
- 3Y*
- 17.80%
- 5Y*
- 12.48%
- 10Y*
- 12.91%
Monthly Returns
Based on dividend-adjusted daily data since Jul 9, 2014, VE.TO's average daily return is +0.04%, while the average monthly return is +0.73%. At this rate, your investment would double in approximately 7.9 years.
Historically, 58% of months were positive and 42% were negative. The best month was Nov 2020 with a return of +14.3%, while the worst month was Mar 2020 at -13.2%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 4 months.
On a daily basis, VE.TO closed higher 51% of trading days. The best single day was Mar 24, 2020 with a return of +8.3%, while the worst single day was Mar 16, 2020 at -10.9%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 3.51% | 3.65% | -6.68% | 0.12% | |||||||||
| 2025 | 7.84% | 2.98% | 0.34% | -0.28% | 4.43% | 1.66% | -0.88% | 2.90% | 3.47% | 1.00% | 1.24% | 1.80% | 29.58% |
| 2024 | 0.36% | 3.39% | 3.64% | -0.93% | 4.83% | -2.21% | 4.03% | 0.79% | 0.69% | -2.81% | -0.78% | -0.38% | 10.77% |
| 2023 | 6.90% | 1.44% | 1.06% | 4.31% | -4.70% | 1.98% | 2.40% | -2.00% | -4.09% | -1.35% | 7.44% | 2.94% | 16.67% |
| 2022 | -3.19% | -5.45% | -0.89% | -3.17% | 0.03% | -8.52% | 3.64% | -4.20% | -5.12% | 7.54% | 11.01% | -0.53% | -10.07% |
| 2021 | -0.43% | 2.18% | 2.14% | 1.91% | 2.77% | 1.54% | 2.35% | 3.05% | -5.23% | 2.67% | -2.05% | 4.13% | 15.65% |
Benchmark Metrics
Vanguard FTSE Developed Europe All Cap Index ETF has an annualized alpha of 0.29%, beta of 0.69, and R² of 0.48 versus S&P 500 Index. Calculated based on daily prices since July 10, 2014.
- This ETF participated in 76.72% of S&P 500 Index downside but only 67.13% of its upside — more exposed to losses than it benefited from rallies.
- Beta of 0.69 may look defensive, but with R² of 0.48 this ETF is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
- R² of 0.48 means the benchmark explains less than half of this ETF's behavior — treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- 0.29%
- Beta
- 0.69
- R²
- 0.48
- Upside Capture
- 67.13%
- Downside Capture
- 76.72%
Expense Ratio
VE.TO has an expense ratio of 0.22%, which is considered low.
Return for Risk
Risk / Return Rank
VE.TO ranks 51 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Vanguard FTSE Developed Europe All Cap Index ETF (VE.TO) and compare them to a chosen benchmark (S&P 500 Index).
| VE.TO | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.01 | 0.69 | +0.32 |
Sortino ratioReturn per unit of downside risk | 1.43 | 1.06 | +0.37 |
Omega ratioGain probability vs. loss probability | 1.20 | 1.17 | +0.04 |
Calmar ratioReturn relative to maximum drawdown | 1.25 | 1.14 | +0.11 |
Martin ratioReturn relative to average drawdown | 4.86 | 4.22 | +0.65 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Explore VE.TO risk-adjusted metrics in detail
Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.
Dividends
Dividend History
Vanguard FTSE Developed Europe All Cap Index ETF provided a 2.58% dividend yield over the last twelve months, with an annual payout of CA$1.15 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | CA$1.15 | CA$1.15 | CA$1.05 | CA$0.98 | CA$0.93 | CA$0.99 | CA$0.72 | CA$1.13 | CA$0.94 | CA$0.65 | CA$0.59 | CA$0.67 |
Dividend yield | 2.58% | 2.58% | 2.97% | 2.97% | 3.20% | 2.97% | 2.41% | 3.79% | 3.57% | 2.22% | 2.33% | 2.47% |
Monthly Dividends
The table displays the monthly dividend distributions for Vanguard FTSE Developed Europe All Cap Index ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | CA$0.00 | CA$0.00 | CA$0.13 | CA$0.13 | |||||||||
| 2025 | CA$0.00 | CA$0.00 | CA$0.14 | CA$0.00 | CA$0.00 | CA$0.61 | CA$0.00 | CA$0.00 | CA$0.22 | CA$0.00 | CA$0.00 | CA$0.19 | CA$1.15 |
| 2024 | CA$0.00 | CA$0.00 | CA$0.09 | CA$0.00 | CA$0.00 | CA$0.67 | CA$0.00 | CA$0.00 | CA$0.14 | CA$0.00 | CA$0.00 | CA$0.15 | CA$1.05 |
| 2023 | CA$0.00 | CA$0.00 | CA$0.12 | CA$0.00 | CA$0.00 | CA$0.56 | CA$0.00 | CA$0.00 | CA$0.13 | CA$0.00 | CA$0.00 | CA$0.18 | CA$0.98 |
| 2022 | CA$0.00 | CA$0.00 | CA$0.10 | CA$0.00 | CA$0.00 | CA$0.49 | CA$0.00 | CA$0.00 | CA$0.20 | CA$0.00 | CA$0.00 | CA$0.14 | CA$0.93 |
| 2021 | CA$0.00 | CA$0.00 | CA$0.23 | CA$0.00 | CA$0.00 | CA$0.41 | CA$0.00 | CA$0.00 | CA$0.12 | CA$0.00 | CA$0.00 | CA$0.23 | CA$0.99 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Vanguard FTSE Developed Europe All Cap Index ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Vanguard FTSE Developed Europe All Cap Index ETF was 31.66%, occurring on Mar 18, 2020. Recovery took 189 trading sessions.
The current Vanguard FTSE Developed Europe All Cap Index ETF drawdown is 7.46%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -31.66% | Feb 13, 2020 | 24 | Mar 18, 2020 | 189 | Dec 16, 2020 | 213 |
| -27.26% | Dec 30, 2021 | 187 | Sep 27, 2022 | 142 | Apr 21, 2023 | 329 |
| -20.78% | Aug 6, 2015 | 225 | Jun 27, 2016 | 206 | Apr 24, 2017 | 431 |
| -15.45% | Jan 23, 2018 | 233 | Dec 24, 2018 | 215 | Nov 4, 2019 | 448 |
| -14.67% | Mar 10, 2025 | 21 | Apr 7, 2025 | 28 | May 16, 2025 | 49 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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