DJMC.AS vs. VERX.AS

Last updated Jun 5, 2026

DJMC.AS (iShares EURO STOXX Mid UCITS ETF) and VERX.AS (Vanguard FTSE Developed Europe ex-UK UCITS ETF) are both Europe Equities funds - DJMC.AS tracks the MSCI EMU SMID NR EUR while VERX.AS tracks the MSCI Europe Ex UK NR EUR. Both are passively managed. Over the past 10 years, DJMC.AS returned 8.74%/yr vs 9.69%/yr for VERX.AS. Their correlation of 0.87 suggests significant overlap in exposure. DJMC.AS charges 0.40%/yr vs 0.10%/yr for VERX.AS.

Performance

DJMC.AS vs. VERX.AS - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares EURO STOXX Mid UCITS ETF (DJMC.AS) and Vanguard FTSE Developed Europe ex-UK UCITS ETF (VERX.AS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with DJMC.AS having a 7.72% return and VERX.AS slightly higher at 7.73%. Over the past 10 years, DJMC.AS has underperformed VERX.AS with an annualized return of 8.74%, while VERX.AS has yielded a comparatively higher 9.69% annualized return.

DJMC.AS

• 1D: 0.36%
• 1M: 2.25%
• YTD: 7.72%
• 6M: 10.94%
• 1Y: 15.09%
• 3Y*: 14.15%
• 5Y*: 7.11%
• 10Y*: 8.74%

VERX.AS

• 1D: 0.65%
• 1M: 3.79%
• YTD: 7.73%
• 6M: 10.13%
• 1Y: 15.93%
• 3Y*: 13.68%
• 5Y*: 9.30%
• 10Y*: 9.69%

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

DJMC.AS vs. VERX.AS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DJMC.AS iShares EURO STOXX Mid UCITS ETF	7.72%	24.35%	8.45%	10.46%	-14.94%	16.39%	2.11%	23.40%	-11.44%	18.28%
VERX.AS Vanguard FTSE Developed Europe ex-UK UCITS ETF	7.73%	20.65%	7.05%	18.49%	-12.99%	24.93%	2.62%	26.48%	-10.05%	12.01%

Correlation

The correlation between DJMC.AS and VERX.AS is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.84
Correlation (3Y) Calculated over the trailing 3-year period	0.85
Correlation (5Y) Calculated over the trailing 5-year period	0.87
Correlation (10Y) Calculated over the trailing 10-year period	0.90
Correlation (All Time) Calculated using the full available price history since Oct 20, 2014	0.87

The correlation between DJMC.AS and VERX.AS has been stable across timeframes, ranging from 0.84 to 0.90 - a consistent structural relationship.

Return for Risk

DJMC.AS vs. VERX.AS — Risk / Return Rank

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

DJMC.AS

DJMC.AS Risk / Return Rank: 36
DJMC.AS Sharpe Ratio Rank: 35
DJMC.AS Sortino Ratio Rank: 33
DJMC.AS Omega Ratio Rank: 35
DJMC.AS Calmar Ratio Rank: 39
DJMC.AS Martin Ratio Rank: 39

VERX.AS

VERX.AS Risk / Return Rank: 33
VERX.AS Sharpe Ratio Rank: 33
VERX.AS Sortino Ratio Rank: 33
VERX.AS Omega Ratio Rank: 33
VERX.AS Calmar Ratio Rank: 32
VERX.AS 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.

DJMC.AS vs. VERX.AS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares EURO STOXX Mid UCITS ETF (DJMC.AS) and Vanguard FTSE Developed Europe ex-UK UCITS ETF (VERX.AS). 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.

	DJMC.AS	VERX.AS	Difference
Sharpe ratio: Return per unit of total volatility	1.24	1.17	+0.07
Sortino ratio: Return per unit of downside risk	1.74	1.74	0.00
Omega ratio: Gain probability vs. loss probability	1.23	1.22	+0.01
Calmar ratio: Return relative to maximum drawdown	1.85	1.54	+0.32
Martin ratio: Return relative to average drawdown	6.10	5.65	+0.45
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DJMC.AS vs. VERX.AS - Sharpe Ratio Comparison

The current DJMC.AS Sharpe Ratio is 1.24, which is comparable to the VERX.AS Sharpe Ratio of 1.17. The chart below compares the historical Sharpe Ratios of DJMC.AS and VERX.AS, 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

	DJMC.AS	VERX.AS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.24	1.17	+0.07
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.46	0.62	-0.16
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.53	0.61	-0.08
Sharpe Ratio (All Time) Calculated using the full available price history	0.39	0.59	-0.19

Drawdowns

DJMC.AS vs. VERX.AS - Drawdown Comparison

The maximum DJMC.AS drawdown since its inception was -59.52%, which is greater than VERX.AS's maximum drawdown of -34.59%. Use the drawdown chart below to compare losses from any high point for DJMC.AS and VERX.AS.

Drawdown Indicators

	DJMC.AS	VERX.AS	Difference
Max Drawdown Largest peak-to-trough decline	-59.52%	-34.59%	-24.93%
Max Drawdown (1Y) Largest decline over 1 year	-8.07%	-10.21%	+2.14%
Max Drawdown (3Y) Largest decline over 3 years	-14.36%	-16.22%	+1.86%
Max Drawdown (5Y) Largest decline over 5 years	-27.41%	-22.89%	-4.52%
Max Drawdown (10Y) Largest decline over 10 years	-39.05%	-34.59%	-4.46%
Current Drawdown Current decline from peak	-1.50%	-1.39%	-0.11%
Average Drawdown Average peak-to-trough decline	-13.20%	-5.73%	-7.47%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.46%	2.79%	-0.33%

Volatility

DJMC.AS vs. VERX.AS - Volatility Comparison

The current volatility for iShares EURO STOXX Mid UCITS ETF (DJMC.AS) is 3.00%, while Vanguard FTSE Developed Europe ex-UK UCITS ETF (VERX.AS) has a volatility of 4.34%. This indicates that DJMC.AS experiences smaller price fluctuations and is considered to be less risky than VERX.AS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DJMC.AS	VERX.AS	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.00%	4.34%	-1.34%
Volatility (6M) Calculated over the trailing 6-month period	9.81%	11.06%	-1.25%
Volatility (1Y) Calculated over the trailing 1-year period	12.09%	13.49%	-1.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.53%	14.86%	+0.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.49%	15.73%	+0.76%

DJMC.AS vs. VERX.AS - Expense Ratio Comparison

DJMC.AS has a 0.40% expense ratio, which is higher than VERX.AS's 0.10% expense ratio.

Dividends

DJMC.AS vs. VERX.AS - Dividend Comparison

DJMC.AS's dividend yield for the trailing twelve months is around 2.94%, more than VERX.AS's 2.48% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DJMC.AS iShares EURO STOXX Mid UCITS ETF	2.94%	3.20%	3.37%	2.55%	2.40%	1.76%	1.45%	2.55%	2.97%	2.18%	2.22%	2.03%
VERX.AS Vanguard FTSE Developed Europe ex-UK UCITS ETF	2.48%	2.67%	2.91%	2.75%	3.05%	2.29%	1.96%	2.83%	3.20%	2.71%	2.81%	2.61%

Frequently Asked Questions

Can I hold both DJMC.AS and VERX.AS in my portfolio?

DJMC.AS and VERX.AS have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DJMC.AS or VERX.AS?

On fees, VERX.AS 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, DJMC.AS or VERX.AS?

VERX.AS is cheaper with a 0.10% expense ratio, compared with 0.40% for DJMC.AS.

What is the main difference between DJMC.AS and VERX.AS?

DJMC.AS tracks MSCI EMU SMID NR EUR, while VERX.AS tracks MSCI Europe Ex UK NR EUR. They also come from different issuers: iShares and Vanguard. Their fees differ too: 0.40% for DJMC.AS and 0.10% for VERX.AS.