BCIL vs. VGK

Last updated Jun 24, 2026

BCIL (Bancreek International Large Cap ETF) and VGK (Vanguard FTSE Europe ETF) are both exchange-traded funds - BCIL is a Foreign Large Cap Equities fund actively managed by Bancreek, while VGK is a Europe Equities fund tracking the FTSE Developed Europe All Cap Index. BCIL is actively managed, while VGK is passively managed. Over the past year, BCIL returned 1.25% vs 17.25% for VGK. Their correlation of 0.81 suggests significant overlap in exposure. BCIL charges 0.80%/yr vs 0.06%/yr for VGK.

Performance

BCIL vs. VGK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bancreek International Large Cap ETF (BCIL) and Vanguard FTSE Europe ETF (VGK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BCIL achieves a 7.96% return, which is significantly higher than VGK's 5.90% return.

BCIL

• 1D: -3.08%
• 1M: 2.31%
• YTD: 7.96%
• 6M: 6.97%
• 1Y: 1.25%
• 3Y*: —
• 5Y*: —
• 10Y*: —

VGK

• 1D: -0.24%
• 1M: -0.37%
• YTD: 5.90%
• 6M: 5.75%
• 1Y: 17.25%
• 3Y*: 16.67%
• 5Y*: 8.47%
• 10Y*: 10.36%

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

BCIL vs. VGK - Yearly Performance Comparison

	2026 (YTD)	2025	2024
BCIL Bancreek International Large Cap ETF	7.96%	11.95%	0.24%
VGK Vanguard FTSE Europe ETF	5.90%	35.83%	-2.80%

Correlation

The correlation between BCIL and VGK is 0.78, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.78
Correlation (All Time) Calculated using the full available price history since Mar 21, 2024	0.81

The correlation between BCIL and VGK has been stable across timeframes, ranging from 0.78 to 0.81 - a consistent structural relationship.

BCIL vs. VGK - Sectors Allocation Comparison

Sectors	BCIL	VGK
Industrials	22.7%	19.3%
Consumer Defensive	18.0%	8.4%
Consumer Cyclical	12.9%	6.8%
Financial Services	10.2%	23.6%
Technology	9.6%	8.2%
Communication Services	7.0%	3.3%
Basic Materials	6.4%	5.3%
Healthcare	6.1%	11.9%
Utilities	3.3%	4.7%
Energy	-	5.3%
Real Estate	-	1.5%

Return for Risk

BCIL vs. VGK — Risk / Return Rank

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

BCIL

BCIL Risk / Return Rank: 10
BCIL Sharpe Ratio Rank: 10
BCIL Sortino Ratio Rank: 9
BCIL Omega Ratio Rank: 9
BCIL Calmar Ratio Rank: 10
BCIL Martin Ratio Rank: 10

VGK

VGK Risk / Return Rank: 33
VGK Sharpe Ratio Rank: 33
VGK Sortino Ratio Rank: 33
VGK Omega Ratio Rank: 31
VGK Calmar Ratio Rank: 31
VGK Martin Ratio Rank: 37

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.

BCIL vs. VGK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bancreek International Large Cap ETF (BCIL) and Vanguard FTSE Europe ETF (VGK). 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.

	BCIL	VGK	Difference
Sharpe ratio: Return per unit of total volatility	0.07	1.10	-1.03
Sortino ratio: Return per unit of downside risk	0.24	1.64	-1.40
Omega ratio: Gain probability vs. loss probability	1.03	1.20	-0.17
Calmar ratio: Return relative to maximum drawdown	0.08	1.43	-1.36
Martin ratio: Return relative to average drawdown	0.18	5.32	-5.14

BCIL vs. VGK - Sharpe Ratio Comparison

The current BCIL Sharpe Ratio is 0.07, which is lower than the VGK Sharpe Ratio of 1.10. The chart below compares the historical Sharpe Ratios of BCIL and VGK, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BCIL vs. VGK - Drawdown Comparison

The maximum BCIL drawdown since its inception was -16.18%, smaller than the maximum VGK drawdown of -63.61%. Use the drawdown chart below to compare losses from any high point for BCIL and VGK.

Drawdown Indicators

	BCIL	VGK	Difference
Max Drawdown Largest peak-to-trough decline	-16.18%	-63.61%	+47.43%
Max Drawdown (1Y) Largest decline over 1 year	-16.18%	-12.09%	-4.09%
Max Drawdown (3Y) Largest decline over 3 years	—	-14.31%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-32.74%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-37.24%	—
Current Drawdown Current decline from peak	-3.08%	-2.15%	-0.93%
Average Drawdown Average peak-to-trough decline	-4.28%	-13.31%	+9.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.11%	3.25%	+3.86%

Volatility

BCIL vs. VGK - Volatility Comparison

Bancreek International Large Cap ETF (BCIL) has a higher volatility of 8.48% compared to Vanguard FTSE Europe ETF (VGK) at 4.95%. This indicates that BCIL's price experiences larger fluctuations and is considered to be riskier than VGK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BCIL	VGK	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.48%	4.95%	+3.53%
Volatility (6M) Calculated over the trailing 6-month period	16.04%	13.38%	+2.66%
Volatility (1Y) Calculated over the trailing 1-year period	17.96%	15.79%	+2.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.82%	17.96%	-1.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.82%	18.56%	-1.74%

BCIL vs. VGK - Expense Ratio Comparison

BCIL has a 0.80% expense ratio, which is higher than VGK's 0.06% expense ratio.

Dividends

BCIL vs. VGK - Dividend Comparison

BCIL's dividend yield for the trailing twelve months is around 0.99%, less than VGK's 2.95% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BCIL Bancreek International Large Cap ETF	0.99%	1.25%	0.77%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VGK Vanguard FTSE Europe ETF	2.95%	2.86%	3.61%	3.15%	3.25%	3.05%	2.11%	3.27%	3.95%	2.70%	3.52%	3.25%

Frequently Asked Questions

Can I hold both BCIL and VGK in my portfolio?

BCIL and VGK have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BCIL or VGK?

BCIL has higher volatility (8.48%) compared to VGK (4.95%). In terms of maximum drawdown, BCIL dropped -16.18% vs VGK's -63.61%.

Which ETF is better, BCIL or VGK?

On 1-year performance, VGK leads with 17.25% vs 1.25% for BCIL. On fees, VGK is cheaper at 0.06% per year. On volatility, VGK has been the lower-risk option at 4.95%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BCIL or VGK?

Over the 1-year period, VGK has performed better with a 17.25% return vs 1.25%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BCIL or VGK?

VGK is cheaper with a 0.06% expense ratio, compared with 0.80% for BCIL.

Which ETF pays a higher dividend yield, BCIL or VGK?

VGK has the higher dividend yield at 2.95%, compared with 0.99% for BCIL.

What is the main difference between BCIL and VGK?

BCIL is categorized as Foreign Large Cap Equities, while VGK is Europe Equities. They also come from different issuers: Bancreek and Vanguard. Their fees differ too: 0.80% for BCIL and 0.06% for VGK.

Which has better risk-adjusted returns?

VGK currently has the higher Sharpe Ratio (1.10 vs 0.07), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.