EPIN vs. VEU

Last updated Jun 5, 2026

EPIN (Harbor International Equity ETF) and VEU (Vanguard FTSE All-World ex-US ETF) are both Foreign Large Cap Equities funds. EPIN is actively managed, while VEU is passively managed. Their correlation of 0.93 suggests significant overlap in exposure. EPIN charges 0.80%/yr vs 0.04%/yr for VEU.

Performance

EPIN vs. VEU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Harbor International Equity ETF (EPIN) and Vanguard FTSE All-World ex-US ETF (VEU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EPIN achieves a 24.57% return, which is significantly higher than VEU's 14.77% return.

EPIN

• 1D: 0.11%
• 1M: 9.68%
• YTD: 24.57%
• 6M: 28.39%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

VEU

• 1D: 0.15%
• 1M: 3.74%
• YTD: 14.77%
• 6M: 17.23%
• 1Y: 31.73%
• 3Y*: 19.86%
• 5Y*: 8.71%
• 10Y*: 9.88%

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

EPIN vs. VEU - Yearly Performance Comparison

	2026 (YTD)	2025
EPIN Harbor International Equity ETF	24.57%	14.68%
VEU Vanguard FTSE All-World ex-US ETF	14.77%	14.70%

Correlation

The correlation between EPIN and VEU is 0.93, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 6, 2025	0.93

EPIN vs. VEU - Sectors Allocation Comparison

Sectors	EPIN	VEU
Technology	29.2%	18.5%
Industrials	21.3%	15.7%
Financial Services	19.4%	23.3%
Basic Materials	7.7%	7.1%
Consumer Cyclical	6.8%	8.2%
Healthcare	6.8%	7.1%
Energy	5.1%	5.2%
Consumer Defensive	2.6%	5.1%
Communication Services	1.2%	4.6%
Real Estate	-	2.0%
Utilities	-	3.2%

Return for Risk

EPIN vs. VEU — Risk / Return Rank

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

VEU

VEU Risk / Return Rank: 62
VEU Sharpe Ratio Rank: 64
VEU Sortino Ratio Rank: 63
VEU Omega Ratio Rank: 64
VEU Calmar Ratio Rank: 57
VEU Martin Ratio Rank: 61

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.

EPIN vs. VEU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Harbor International Equity ETF (EPIN) and Vanguard FTSE All-World ex-US ETF (VEU). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	EPIN	VEU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.09	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.54	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.58	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.50	0.25	+2.25

Drawdowns

EPIN vs. VEU - Drawdown Comparison

The maximum EPIN drawdown since its inception was -11.64%, smaller than the maximum VEU drawdown of -61.52%. Use the drawdown chart below to compare losses from any high point for EPIN and VEU.

Drawdown Indicators

	EPIN	VEU	Difference
Max Drawdown Largest peak-to-trough decline	-11.64%	-61.52%	+49.88%
Max Drawdown (1Y) Largest decline over 1 year	—	-11.43%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-13.69%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-29.31%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-34.98%	—
Current Drawdown Current decline from peak	-0.94%	-0.82%	-0.12%
Average Drawdown Average peak-to-trough decline	-1.76%	-13.13%	+11.37%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.93%	—

Volatility

Volatility by Period

	EPIN	VEU	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.45%	—
Volatility (6M) Calculated over the trailing 6-month period	—	13.04%	—
Volatility (1Y) Calculated over the trailing 1-year period	17.35%	15.28%	+2.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.35%	16.06%	+1.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.35%	17.20%	+0.15%

EPIN vs. VEU - Expense Ratio Comparison

EPIN has a 0.80% expense ratio, which is higher than VEU's 0.04% expense ratio.

Dividends

EPIN vs. VEU - Dividend Comparison

EPIN's dividend yield for the trailing twelve months is around 0.63%, less than VEU's 2.60% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EPIN Harbor International Equity ETF	0.63%	0.79%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VEU Vanguard FTSE All-World ex-US ETF	2.60%	3.09%	3.24%	3.32%	3.12%	3.08%	2.00%	3.10%	3.27%	2.66%	2.96%	2.95%

Frequently Asked Questions

Can I hold both EPIN and VEU in my portfolio?

With a correlation of 0.93, EPIN and VEU move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, EPIN or VEU?

On fees, VEU is cheaper at 0.04% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EPIN or VEU?

VEU is cheaper with a 0.04% expense ratio, compared with 0.80% for EPIN.

Which ETF pays a higher dividend yield, EPIN or VEU?

VEU has the higher dividend yield at 2.60%, compared with 0.63% for EPIN.

What is the main difference between EPIN and VEU?

They also come from different issuers: Harbor and Vanguard. Their fees differ too: 0.80% for EPIN and 0.04% for VEU.