ESIM vs. VEU

Last updated Jul 17, 2026

ESIM (Eventide International ETF) and VEU (Vanguard FTSE All-World ex-US ETF) are both Foreign Large Cap Equities funds. ESIM is actively managed, while VEU is passively managed. Their correlation of 0.92 suggests significant overlap in exposure. ESIM charges 0.59%/yr vs 0.04%/yr for VEU.

Performance

ESIM vs. VEU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Eventide International ETF (ESIM) 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, ESIM achieves a 15.32% return, which is significantly higher than VEU's 12.47% return.

ESIM

• 1D: -1.29%
• 1M: -1.24%
• 6M: 12.23%
• YTD: 15.32%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

VEU

• 1D: -1.09%
• 1M: -2.49%
• 6M: 7.82%
• YTD: 12.47%
• 1Y: 26.08%
• 3Y*: 17.40%
• 5Y*: 8.97%
• 10Y*: 9.60%

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

ESIM vs. VEU - Yearly Performance Comparison

	2026 (YTD)	2025
ESIM Eventide International ETF	15.32%	1.26%
VEU Vanguard FTSE All-World ex-US ETF	12.47%	1.80%

Correlation

The correlation between ESIM and VEU is 0.92, 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 Dec 17, 2025	0.92

ESIM vs. VEU - Sectors Allocation Comparison

Sectors	ESIM	VEU
Technology	26.8%	21.6%
Industrials	21.0%	15.0%
Financial Services	18.7%	22.6%
Healthcare	9.4%	6.7%
Utilities	7.0%	3.0%
Consumer Cyclical	6.7%	8.0%
Energy	4.5%	4.7%
Real Estate	3.7%	1.9%
Basic Materials	1.7%	7.1%
Communication Services	0.7%	4.5%
Consumer Defensive	-	4.9%

Return for Risk

ESIM vs. VEU — Risk / Return Rank

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

ESIM

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

VEU

VEU Risk / Return Rank: 58
VEU Sharpe Ratio Rank: 57
VEU Sortino Ratio Rank: 56
VEU Omega Ratio Rank: 58
VEU Calmar Ratio Rank: 57
VEU Martin Ratio Rank: 60

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.

ESIM vs. VEU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Eventide International ETF (ESIM) 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.

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.

	ESIM	VEU	Difference
Sharpe ratio: Return per unit of total volatility	—	1.57	—
Sortino ratio: Return per unit of downside risk	—	2.17	—
Omega ratio: Gain probability vs. loss probability	—	1.29	—
Calmar ratio: Return relative to maximum drawdown	—	2.29	—
Martin ratio: Return relative to average drawdown	—	8.56	—

Drawdowns

ESIM vs. VEU - Drawdown Comparison

The maximum ESIM drawdown since its inception was -11.26%, smaller than the maximum VEU drawdown of -61.52%. Use the drawdown chart below to compare losses from any high point for ESIM and VEU.

Drawdown Indicators

	ESIM	VEU	Difference
Max Drawdown Largest peak-to-trough decline	-11.26%	-61.52%	+50.26%
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	—	-29.14%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-34.98%	—
Current Drawdown Current decline from peak	-3.52%	-3.53%	+0.01%
Average Drawdown Average peak-to-trough decline	-2.16%	-13.07%	+10.91%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.05%	—

Volatility

Volatility by Period

	ESIM	VEU	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.28%	—
Volatility (6M) Calculated over the trailing 6-month period	—	14.79%	—
Volatility (1Y) Calculated over the trailing 1-year period	17.36%	16.70%	+0.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.36%	16.33%	+1.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.36%	17.04%	+0.32%

ESIM vs. VEU - Expense Ratio Comparison

ESIM has a 0.59% expense ratio, which is higher than VEU's 0.04% expense ratio.

Dividends

ESIM vs. VEU - Dividend Comparison

ESIM's dividend yield for the trailing twelve months is around 1.21%, less than VEU's 2.58% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ESIM Eventide International ETF	1.21%	0.03%	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	2.58%	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 ESIM and VEU in my portfolio?

With a correlation of 0.92, ESIM 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, ESIM 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, ESIM or VEU?

VEU is cheaper with a 0.04% expense ratio, compared with 0.59% for ESIM.

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

VEU has the higher dividend yield at 2.58%, compared with 1.21% for ESIM.

What is the main difference between ESIM and VEU?

They also come from different issuers: Eventide and Vanguard. Their fees differ too: 0.59% for ESIM and 0.04% for VEU.