BAESY vs. VEUA.L
BAESY (BAE Systems PLC) is a stock, while VEUA.L (Vanguard FTSE Developed Europe UCITS ETF (EUR) Accumulating) is Europe Equities fund tracking the MSCI Europe NR EUR. Over the past 5 years, BAESY returned 30.61%/yr vs 8.97%/yr for VEUA.L. At a 0.34 correlation, their price movements are largely independent.
Performance
BAESY vs. VEUA.L - Performance Comparison
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Different Trading Currencies
BAESY 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, BAESY achieves a 11.25% return, which is significantly higher than VEUA.L's 7.28% return.
BAESY
- 1D
- -4.00%
- 1M
- -1.83%
- YTD
- 11.25%
- 6M
- 13.51%
- 1Y
- 0.44%
- 3Y*
- 30.63%
- 5Y*
- 30.61%
- 10Y*
- 18.72%
VEUA.L
- 1D
- 1.48%
- 1M
- 2.70%
- YTD
- 7.28%
- 6M
- 9.79%
- 1Y
- 17.84%
- 3Y*
- 16.90%
- 5Y*
- 8.97%
- 10Y*
- —
BAESY vs. VEUA.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
BAESY BAE Systems PLC | 11.25% | 65.51% | 1.23% | 40.91% | 46.40% | 14.56% | -3.43% | 17.66% |
VEUA.L Vanguard FTSE Developed Europe UCITS ETF (EUR) Accumulating | 7.28% | 35.58% | 2.75% | 19.45% | -14.45% | 15.77% | 6.24% | -3.28% |
Correlation
The correlation between BAESY and VEUA.L is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.25 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.28 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since Jul 23, 2019 | 0.34 |
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Return for Risk
BAESY vs. VEUA.L — Risk / Return Rank
BAESY
VEUA.L
BAESY vs. VEUA.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BAE Systems PLC (BAESY) 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.
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.
| BAESY | VEUA.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.20 | ||
| Sortino ratioReturn per unit of downside risk | -1.54 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 1.22 | -0.20 |
| Calmar ratioReturn relative to maximum drawdown | 0.02 | 1.53 | -1.51 |
| Martin ratioReturn relative to average drawdown | 0.04 | 5.39 | -5.35 |
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Drawdowns
BAESY vs. VEUA.L - Drawdown Comparison
The maximum BAESY drawdown since its inception was -59.20%, 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 BAESY and VEUA.L.
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Drawdown Indicators
| BAESY | VEUA.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.20% | -37.85% | -21.35% |
Max Drawdown (1Y)Largest decline over 1 year | -23.59% | -11.65% | -11.94% |
Max Drawdown (3Y)Largest decline over 3 years | -23.59% | -13.89% | -9.70% |
Max Drawdown (5Y)Largest decline over 5 years | -23.59% | -31.84% | +8.25% |
Max Drawdown (10Y)Largest decline over 10 years | -42.13% | — | — |
Current DrawdownCurrent decline from peak | -16.92% | -0.93% | -15.99% |
Average DrawdownAverage peak-to-trough decline | -19.32% | -7.36% | -11.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.17% | 3.30% | +6.87% |
Volatility
BAESY vs. VEUA.L - Volatility Comparison
BAE Systems PLC (BAESY) has a higher volatility of 10.68% compared to Vanguard FTSE Developed Europe UCITS ETF (EUR) Accumulating (VEUA.L) at 4.28%. This indicates that BAESY's price experiences larger fluctuations and is considered to be riskier than VEUA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BAESY | VEUA.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.68% | 4.28% | +6.40% |
Volatility (6M)Calculated over the trailing 6-month period | 25.10% | 12.18% | +12.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.92% | 14.65% | +17.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.12% | 18.98% | +9.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.90% | 20.46% | +7.44% |
Dividends
BAESY vs. VEUA.L - Dividend Comparison
BAESY's dividend yield for the trailing twelve months is around 1.90%, while VEUA.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BAESY BAE Systems PLC | 1.90% | 1.90% | 2.79% | 2.40% | 3.09% | 4.46% | 7.05% | 3.66% | 4.93% | 5.71% | 6.26% | 4.38% |
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% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
BAESY and VEUA.L have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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