FME.DE vs. VEUR.MI

Last updated Jun 5, 2026

FME.DE (Fresenius Medical Care AG & Co. KGaA) is a stock, while VEUR.MI (Vanguard FTSE Developed Europe UCITS ETF) is Europe Equities fund tracking the FTSE Developed Europe Index. Over the past 5 years, FME.DE returned -8.38%/yr vs 9.89%/yr for VEUR.MI. At a 0.40 correlation, their price movements are largely independent.

Performance

FME.DE vs. VEUR.MI - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Fresenius Medical Care AG & Co. KGaA (FME.DE) and Vanguard FTSE Developed Europe UCITS ETF (VEUR.MI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FME.DE achieves a -3.71% return, which is significantly lower than VEUR.MI's 7.10% return.

FME.DE

• 1D: 4.78%
• 1M: 13.04%
• YTD: -3.71%
• 6M: -2.12%
• 1Y: -21.22%
• 3Y*: 0.52%
• 5Y*: -8.38%
• 10Y*: -4.55%

VEUR.MI

• 1D: 0.40%
• 1M: 3.04%
• YTD: 7.10%
• 6M: 9.73%
• 1Y: 16.16%
• 3Y*: 14.02%
• 5Y*: 9.89%
• 10Y*: —

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

FME.DE vs. VEUR.MI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
FME.DE Fresenius Medical Care AG & Co. KGaA	-3.71%	-5.10%	19.75%	27.41%	-45.19%	-14.52%	6.88%	8.70%
VEUR.MI Vanguard FTSE Developed Europe UCITS ETF	7.10%	20.77%	9.08%	16.29%	-10.22%	25.16%	-2.48%	19.93%

Correlation

The correlation between FME.DE and VEUR.MI is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.21
Correlation (3Y) Calculated over the trailing 3-year period	0.31
Correlation (5Y) Calculated over the trailing 5-year period	0.36
Correlation (All Time) Calculated using the full available price history since Jan 22, 2019	0.40

The correlation between FME.DE and VEUR.MI shifts across timeframes, from 0.21 (1 year) to 0.40 (all time), reflecting how their relationship changes across market environments.

Return for Risk

FME.DE vs. VEUR.MI — Risk / Return Rank

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

FME.DE

FME.DE Risk / Return Rank: 14
FME.DE Sharpe Ratio Rank: 10
FME.DE Sortino Ratio Rank: 14
FME.DE Omega Ratio Rank: 11
FME.DE Calmar Ratio Rank: 17
FME.DE Martin Ratio Rank: 17

VEUR.MI

VEUR.MI Risk / Return Rank: 36
VEUR.MI Sharpe Ratio Rank: 36
VEUR.MI Sortino Ratio Rank: 35
VEUR.MI Omega Ratio Rank: 37
VEUR.MI Calmar Ratio Rank: 35
VEUR.MI Martin Ratio Rank: 40

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.

FME.DE vs. VEUR.MI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fresenius Medical Care AG & Co. KGaA (FME.DE) and Vanguard FTSE Developed Europe UCITS ETF (VEUR.MI). 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.

	FME.DE	VEUR.MI	Difference
Sharpe ratio: Return per unit of total volatility	-0.77	1.26	-2.03
Sortino ratio: Return per unit of downside risk	-0.86	1.83	-2.69
Omega ratio: Gain probability vs. loss probability	0.87	1.24	-0.37
Calmar ratio: Return relative to maximum drawdown	-0.68	1.69	-2.36
Martin ratio: Return relative to average drawdown	-1.14	6.24	-7.38
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FME.DE vs. VEUR.MI - Sharpe Ratio Comparison

The current FME.DE Sharpe Ratio is -0.77, which is lower than the VEUR.MI Sharpe Ratio of 1.26. The chart below compares the historical Sharpe Ratios of FME.DE and VEUR.MI, 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

	FME.DE	VEUR.MI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.77	1.26	-2.03
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.27	0.70	-0.97
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.16	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.13	0.68	-0.55

Drawdowns

FME.DE vs. VEUR.MI - Drawdown Comparison

The maximum FME.DE drawdown since its inception was -79.63%, which is greater than VEUR.MI's maximum drawdown of -35.22%. Use the drawdown chart below to compare losses from any high point for FME.DE and VEUR.MI.

Drawdown Indicators

	FME.DE	VEUR.MI	Difference
Max Drawdown Largest peak-to-trough decline	-79.63%	-35.22%	-44.41%
Max Drawdown (1Y) Largest decline over 1 year	-31.27%	-9.58%	-21.69%
Max Drawdown (3Y) Largest decline over 3 years	-36.77%	-16.36%	-20.41%
Max Drawdown (5Y) Largest decline over 5 years	-62.09%	-20.32%	-41.77%
Max Drawdown (10Y) Largest decline over 10 years	-68.61%	—	—
Current Drawdown Current decline from peak	-49.04%	-1.73%	-47.31%
Average Drawdown Average peak-to-trough decline	-22.56%	-4.80%	-17.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	18.23%	2.59%	+15.64%

Volatility

FME.DE vs. VEUR.MI - Volatility Comparison

Fresenius Medical Care AG & Co. KGaA (FME.DE) has a higher volatility of 8.12% compared to Vanguard FTSE Developed Europe UCITS ETF (VEUR.MI) at 4.40%. This indicates that FME.DE's price experiences larger fluctuations and is considered to be riskier than VEUR.MI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FME.DE	VEUR.MI	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.12%	4.40%	+3.72%
Volatility (6M) Calculated over the trailing 6-month period	21.85%	10.56%	+11.29%
Volatility (1Y) Calculated over the trailing 1-year period	27.53%	12.79%	+14.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	31.08%	14.37%	+16.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.14%	16.46%	+11.68%

Dividends

FME.DE vs. VEUR.MI - Dividend Comparison

FME.DE's dividend yield for the trailing twelve months is around 3.95%, more than VEUR.MI's 2.61% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FME.DE Fresenius Medical Care AG & Co. KGaA	3.95%	3.53%	2.69%	2.95%	4.42%	2.35%	3.52%	1.77%	1.87%	1.09%	0.99%	1.00%
VEUR.MI Vanguard FTSE Developed Europe UCITS ETF	2.61%	2.79%	3.07%	3.00%	3.32%	2.66%	2.23%	3.24%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FME.DE and VEUR.MI in my portfolio?

FME.DE and VEUR.MI have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.