CEUG.L vs. VEVE.L
Compare and contrast key facts about iShares MSCI EMU UCITS ETF GBP Hedged (Dist) (CEUG.L) and Vanguard FTSE Developed World UCITS ETF Distributing (VEVE.L).
CEUG.L and VEVE.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CEUG.L is a passively managed fund by iShares that tracks the performance of the MSCI Europe NR EUR. It was launched on Jun 4, 2018. VEVE.L is a passively managed fund by Vanguard that tracks the performance of the MSCI ACWI NR USD. It was launched on Sep 30, 2014. Both CEUG.L and VEVE.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CEUG.L or VEVE.L.
Key characteristics
| CEUG.L | VEVE.L | |
|---|---|---|
| YTD Return | 7.68% | 19.35% |
| 1Y Return | 16.14% | 25.89% |
| 3Y Return (Ann) | 4.68% | 9.05% |
| 5Y Return (Ann) | 7.61% | 12.94% |
| Sharpe Ratio | 1.16 | 2.55 |
| Sortino Ratio | 1.65 | 3.56 |
| Omega Ratio | 1.20 | 1.49 |
| Calmar Ratio | 1.51 | 4.08 |
| Martin Ratio | 5.43 | 17.78 |
| Ulcer Index | 2.61% | 1.42% |
| Daily Std Dev | 12.29% | 9.88% |
| Max Drawdown | -38.52% | -25.52% |
| Current Drawdown | -5.58% | 0.00% |
Correlation
The correlation between CEUG.L and VEVE.L is 0.83, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
CEUG.L vs. VEVE.L - Performance Comparison
In the year-to-date period, CEUG.L achieves a 7.68% return, which is significantly lower than VEVE.L's 19.35% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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CEUG.L vs. VEVE.L - Expense Ratio Comparison
Both CEUG.L and VEVE.L have an expense ratio of 0.12%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
CEUG.L vs. VEVE.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI EMU UCITS ETF GBP Hedged (Dist) (CEUG.L) and Vanguard FTSE Developed World UCITS ETF Distributing (VEVE.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.
Dividends
CEUG.L vs. VEVE.L - Dividend Comparison
CEUG.L's dividend yield for the trailing twelve months is around 2.89%, more than VEVE.L's 1.17% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
CEUG.L iShares MSCI EMU UCITS ETF GBP Hedged (Dist) | 2.89% | 2.73% | 2.84% | 1.81% | 1.77% | 3.05% | 0.38% | 0.00% | 0.00% | 0.00% | 0.00% |
VEVE.L Vanguard FTSE Developed World UCITS ETF Distributing | 1.17% | 1.72% | 1.98% | 1.45% | 1.64% | 1.96% | 2.24% | 1.93% | 1.85% | 2.04% | 0.29% |
Drawdowns
CEUG.L vs. VEVE.L - Drawdown Comparison
The maximum CEUG.L drawdown since its inception was -38.52%, which is greater than VEVE.L's maximum drawdown of -25.52%. Use the drawdown chart below to compare losses from any high point for CEUG.L and VEVE.L. For additional features, visit the drawdowns tool.
Volatility
CEUG.L vs. VEVE.L - Volatility Comparison
iShares MSCI EMU UCITS ETF GBP Hedged (Dist) (CEUG.L) has a higher volatility of 5.97% compared to Vanguard FTSE Developed World UCITS ETF Distributing (VEVE.L) at 2.94%. This indicates that CEUG.L's price experiences larger fluctuations and is considered to be riskier than VEVE.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.