- Issuer
- Vanguard
- Inception Date
- Dec 9, 2015
- Category
- Europe Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- Vanguard FTSE Europe Shares Index
- Distribution Policy
- Distributing
- Asset Class
- Equity
Share Price Chart
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Performance
VEQ.AX Performance Chart
Vanguard FTSE Europe Shares ETF (VEQ.AX) is up 2.3% since the beginning of the year. VEQ.AX is currently trading at A$90 per share. Investors who bought A$1,000 worth of VEQ.AX shares 5 years ago would now be looking at an investment worth A$1,560.
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Returns By Period
Vanguard FTSE Europe Shares ETF (VEQ.AX) has returned 2.32% so far this year and 8.94% over the past 12 months. Over the last ten years, VEQ.AX has returned 9.65% per year, falling short of the S&P 500 Index benchmark, which averaged 14.27% annually.
Vanguard FTSE Europe Shares ETF
- 1D
- 0.47%
- 1M
- 0.55%
- 6M
- 0.83%
- YTD
- 2.32%
- 1Y
- 8.94%
- 3Y*
- 13.35%
- 5Y*
- 9.30%
- 10Y*
- 9.65%
Benchmark (S&P 500 Index)
- 1D
- 0.12%
- 1M
- 1.38%
- 6M
- 4.49%
- YTD
- 5.58%
- 1Y
- 12.98%
- 3Y*
- 18.01%
- 5Y*
- 13.12%
- 10Y*
- 14.27%
VEQ.AX Monthly Returns History
Based on dividend-adjusted daily data since Dec 9, 2015, VEQ.AX's average daily return is +0.04%, while the average monthly return is +0.73%. At this rate, an investment would double in approximately 7.9 years.
Historically, 62% of months were positive and 38% were negative. The best month was Nov 2020 with a return of +12.7%, while the worst month was Mar 2020 at -12.4%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 4 months.
On a daily basis, VEQ.AX closed higher 52% of trading days. The best single day was Mar 26, 2020 with a return of +5.8%, while the worst single day was Jun 24, 2016 at -8.5%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -0.75% | 1.05% | -6.89% | 1.29% | 4.31% | 4.28% | -0.54% | 2.32% | |||||
| 2025 | 6.41% | 2.79% | 1.18% | 0.70% | 4.61% | 0.76% | 0.19% | 1.49% | -0.05% | 2.46% | 0.45% | 2.17% | 25.53% |
| 2024 | 2.51% | 2.85% | 3.42% | -1.69% | 2.42% | -2.01% | 4.41% | -1.08% | -0.34% | -1.15% | -1.76% | 2.45% | 10.16% |
| 2023 | 3.35% | 4.48% | 1.59% | 5.58% | -2.77% | -0.00% | 3.35% | 0.22% | -5.07% | -2.31% | 6.06% | 1.98% | 16.98% |
| 2022 | -2.48% | -7.96% | -0.08% | -2.07% | 0.34% | -6.96% | 2.13% | -3.39% | -5.79% | 10.71% | 6.22% | -0.32% | -10.66% |
| 2021 | -0.90% | 0.27% | 5.37% | 3.84% | 3.64% | 1.91% | 2.84% | 3.74% | -3.33% | -0.92% | 0.96% | 2.82% | 21.83% |
Benchmark Metrics
Vanguard FTSE Europe Shares ETF has an annualized alpha of 7.12%, beta of 0.13, and R2 of 0.02 versus S&P 500 Index. Calculated based on daily prices since December 09, 2015.
- This ETF participated in 83.57% of S&P 500 Index downside but only 67.19% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.13 may look defensive, but with R2 of 0.02 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 0.02 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 7.12%
- Beta
- 0.13
- R²
- 0.02
- Upside Capture
- 67.19%
- Downside Capture
- 83.57%
Return for Risk
Risk / Return Rank
VEQ.AX ranks 25 for risk / return — below 25% of ETFs on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Vanguard FTSE Europe Shares ETF (VEQ.AX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| VEQ.AX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.50 | ||
| Sortino ratioReturn per unit of downside risk | -0.62 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.24 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 0.79 | 1.11 | -0.33 |
| Martin ratioReturn relative to average drawdown | 2.57 | 3.10 | -0.53 |
Dividends
Dividend History
Vanguard FTSE Europe Shares ETF provided a 1.52% dividend yield over the last twelve months, with an annual payout of A$1.38 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | A$1.38 | A$2.04 | A$1.02 | A$1.72 | A$1.22 | A$1.30 | A$1.32 | A$1.58 | A$1.18 | A$0.97 | A$1.12 |
Dividend yield | 1.52% | 2.28% | 1.39% | 2.56% | 2.06% | 1.91% | 2.32% | 2.62% | 2.36% | 1.77% | 2.35% |
Monthly Dividends
The table displays the monthly dividend distributions for Vanguard FTSE Europe Shares 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 | A$0.00 | A$0.00 | A$0.27 | A$0.00 | A$0.00 | A$0.00 | A$0.98 | A$1.25 | |||||
| 2025 | A$0.57 | A$0.00 | A$0.31 | A$0.00 | A$0.00 | A$0.00 | A$1.03 | A$0.00 | A$0.00 | A$0.13 | A$0.00 | A$0.00 | A$2.04 |
| 2024 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.91 | A$0.00 | A$0.00 | A$0.11 | A$0.00 | A$0.00 | A$1.02 |
| 2023 | A$0.26 | A$0.00 | A$0.00 | A$0.16 | A$0.00 | A$0.00 | A$0.95 | A$0.00 | A$0.00 | A$0.35 | A$0.00 | A$0.00 | A$1.72 |
| 2022 | A$0.00 | A$0.00 | A$0.00 | A$0.13 | A$0.00 | A$0.00 | A$0.89 | A$0.00 | A$0.00 | A$0.20 | A$0.00 | A$0.00 | A$1.22 |
| 2021 | A$0.26 | A$0.00 | A$0.00 | A$0.24 | A$0.00 | A$0.00 | A$0.52 | A$0.00 | A$0.00 | A$0.27 | A$0.00 | A$0.00 | A$1.30 |
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 Europe Shares 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 Europe Shares ETF was 28.50%, occurring on Mar 23, 2020. Recovery took 271 trading sessions.
The current Vanguard FTSE Europe Shares ETF drawdown is 1.79%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-28.50%Mar 2020 | 28d | 1y 27d | 1y 1moFeb 2020 - Apr 2021 | COVID crash2020 |
-25.44%Sep 2022 | 1y 1mo | 6mo 21d | 1y 7moAug 2021 - Apr 2023 | Bear market2022 |
-14.66%Jun 2016 | 6mo 1d | 9mo 19d | 1y 3moDec 2015 - Apr 2017 | — |
-14.18%Dec 2018 | 2mo 21d | 4mo 4d | 6mo 25dOct 2018 - Apr 2019 | Rate-hike selloffLate 2018 |
-12.42%Mar 2026 | 2mo 5d | 3mo 10d | 5mo 15dJan 2026 - Jun 2026 | — |
Drawdown Indicators
| VEQ.AX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.50% | -41.07% | +12.57% |
Max Drawdown (1Y)Largest decline over 1 year | -12.42% | -11.69% | -0.73% |
Max Drawdown (3Y)Largest decline over 3 years | -12.42% | -17.74% | +5.32% |
Max Drawdown (5Y)Largest decline over 5 years | -25.44% | -22.01% | -3.43% |
Max Drawdown (10Y)Largest decline over 10 years | -28.50% | -24.71% | -3.79% |
Current DrawdownCurrent decline from peak | -1.79% | -0.60% | -1.19% |
Average DrawdownAverage peak-to-trough decline | -5.47% | -11.02% | +5.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.86% | 4.20% | -0.34% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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