AVUV vs. VEUA.L

Last updated Jun 7, 2026

AVUV (Avantis US Small Cap Value ETF) and VEUA.L (Vanguard FTSE Developed Europe UCITS ETF (EUR) Accumulating) are both exchange-traded funds - AVUV is a Small Cap Value Equities fund actively managed by Avantis, while VEUA.L is a Europe Equities fund tracking the MSCI Europe NR EUR. AVUV is actively managed, while VEUA.L is passively managed. Over the past 5 years, AVUV returned 10.66%/yr vs 8.69%/yr for VEUA.L. At a 0.49 correlation, their price movements are largely independent. AVUV charges 0.25%/yr vs 0.10%/yr for VEUA.L.

Performance

AVUV vs. VEUA.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Avantis US Small Cap Value ETF (AVUV) and Vanguard FTSE Developed Europe UCITS ETF (EUR) Accumulating (VEUA.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

AVUV is traded in USD, while VEUA.L is traded in GBP. To make them comparable, the VEUA.L values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, AVUV achieves a 17.68% return, which is significantly higher than VEUA.L's 5.08% return.

AVUV

• 1D: -1.44%
• 1M: 0.44%
• YTD: 17.68%
• 6M: 17.05%
• 1Y: 35.45%
• 3Y*: 18.50%
• 5Y*: 10.66%
• 10Y*: —

VEUA.L

• 1D: -1.23%
• 1M: -0.17%
• YTD: 5.08%
• 6M: 8.35%
• 1Y: 16.64%
• 3Y*: 16.60%
• 5Y*: 8.69%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AVUV vs. VEUA.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
AVUV Avantis US Small Cap Value ETF	17.68%	7.44%	9.28%	22.82%	-4.91%	42.20%	6.43%	8.50%
VEUA.L Vanguard FTSE Developed Europe UCITS ETF (EUR) Accumulating	5.08%	35.58%	2.75%	19.45%	-14.45%	15.77%	6.24%	10.24%

Correlation

The correlation between AVUV and VEUA.L is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.46
Correlation (3Y) Calculated over the trailing 3-year period	0.45
Correlation (5Y) Calculated over the trailing 5-year period	0.49
Correlation (All Time) Calculated using the full available price history since Sep 27, 2019	0.49

AVUV vs. VEUA.L - Sectors Allocation Comparison

Sectors	AVUV	VEUA.L
Financial Services	25.8%	24.0%
Energy	18.2%	5.3%
Consumer Cyclical	18.0%	6.6%
Industrials	13.9%	19.7%
Technology	7.0%	8.5%
Basic Materials	4.9%	5.6%
Consumer Defensive	4.5%	8.3%
Healthcare	4.2%	12.9%
Communication Services	2.8%	3.0%
Real Estate	0.7%	1.1%
Utilities	0.1%	5.0%

Return for Risk

AVUV vs. VEUA.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AVUV

AVUV Risk / Return Rank: 71
AVUV Sharpe Ratio Rank: 66
AVUV Sortino Ratio Rank: 68
AVUV Omega Ratio Rank: 62
AVUV Calmar Ratio Rank: 86
AVUV Martin Ratio Rank: 75

VEUA.L

VEUA.L Risk / Return Rank: 45
VEUA.L Sharpe Ratio Rank: 48
VEUA.L Sortino Ratio Rank: 48
VEUA.L Omega Ratio Rank: 50
VEUA.L Calmar Ratio Rank: 39
VEUA.L Martin Ratio Rank: 42

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AVUV vs. VEUA.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Avantis US Small Cap Value ETF (AVUV) and Vanguard FTSE Developed Europe UCITS ETF (EUR) Accumulating (VEUA.L). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	AVUV	VEUA.L	Difference
Sharpe ratio: Return per unit of total volatility	2.14	1.14	+1.00
Sortino ratio: Return per unit of downside risk	3.06	1.69	+1.38
Omega ratio: Gain probability vs. loss probability	1.37	1.21	+0.16
Calmar ratio: Return relative to maximum drawdown	4.73	1.42	+3.30
Martin ratio: Return relative to average drawdown	14.03	5.04	+8.99
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AVUV vs. VEUA.L - Sharpe Ratio Comparison

The current AVUV Sharpe Ratio is 2.14, which is higher than the VEUA.L Sharpe Ratio of 1.14. The chart below compares the historical Sharpe Ratios of AVUV and VEUA.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	AVUV	VEUA.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.14	1.14	+1.00
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.47	0.46	+0.01
Sharpe Ratio (All Time) Calculated using the full available price history	0.56	0.43	+0.13

Drawdowns

AVUV vs. VEUA.L - Drawdown Comparison

The maximum AVUV drawdown since its inception was -49.42%, which is greater than VEUA.L's maximum drawdown of -37.85%. Use the drawdown chart below to compare losses from any high point for AVUV and VEUA.L.

Drawdown Indicators

	AVUV	VEUA.L	Difference
Max Drawdown Largest peak-to-trough decline	-49.42%	-37.85%	-11.57%
Max Drawdown (1Y) Largest decline over 1 year	-7.95%	-11.65%	+3.70%
Max Drawdown (3Y) Largest decline over 3 years	-28.79%	-13.89%	-14.90%
Max Drawdown (5Y) Largest decline over 5 years	-28.79%	-31.84%	+3.05%
Current Drawdown Current decline from peak	-1.44%	-2.97%	+1.53%
Average Drawdown Average peak-to-trough decline	-7.94%	-7.37%	-0.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.67%	3.29%	-0.62%

Volatility

AVUV vs. VEUA.L - Volatility Comparison

Avantis US Small Cap Value ETF (AVUV) and Vanguard FTSE Developed Europe UCITS ETF (EUR) Accumulating (VEUA.L) have volatilities of 4.30% and 4.27%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AVUV	VEUA.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.30%	4.27%	+0.03%
Volatility (6M) Calculated over the trailing 6-month period	11.36%	12.07%	-0.71%
Volatility (1Y) Calculated over the trailing 1-year period	17.56%	14.55%	+3.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.74%	18.96%	+3.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.29%	20.49%	+7.80%

AVUV vs. VEUA.L - Expense Ratio Comparison

AVUV has a 0.25% expense ratio, which is higher than VEUA.L's 0.10% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

AVUV vs. VEUA.L - Dividend Comparison

AVUV's dividend yield for the trailing twelve months is around 1.30%, while VEUA.L has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
AVUV Avantis US Small Cap Value ETF	1.30%	1.58%	1.61%	1.65%	1.74%	1.28%	1.21%	0.38%
VEUA.L Vanguard FTSE Developed Europe UCITS ETF (EUR) Accumulating	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AVUV and VEUA.L in my portfolio?

AVUV and VEUA.L have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AVUV or VEUA.L?

On fees, VEUA.L is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AVUV or VEUA.L?

VEUA.L is cheaper with a 0.10% expense ratio, compared with 0.25% for AVUV.

What is the main difference between AVUV and VEUA.L?

AVUV is categorized as Small Cap Value Equities, while VEUA.L is Europe Equities. They also come from different issuers: Avantis and Vanguard. Their fees differ too: 0.25% for AVUV and 0.10% for VEUA.L.