FPXE vs. VEUR.L
Compare and contrast key facts about First Trust IPOX Europe Equity Opportunities ETF (FPXE) and Vanguard FTSE Developed Europe UCITS ETF Distributing (VEUR.L).
FPXE and VEUR.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FPXE is a passively managed fund by First Trust that tracks the performance of the IPOX 100 Europe Index. It was launched on Oct 4, 2018. VEUR.L is a passively managed fund by Vanguard that tracks the performance of the MSCI Europe NR EUR. It was launched on May 21, 2013. Both FPXE and VEUR.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: FPXE or VEUR.L.
Correlation
The correlation between FPXE and VEUR.L is 0.61, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
FPXE vs. VEUR.L - Performance Comparison
Key characteristics
FPXE:
1.12
VEUR.L:
0.85
FPXE:
1.57
VEUR.L:
1.26
FPXE:
1.20
VEUR.L:
1.15
FPXE:
0.57
VEUR.L:
1.32
FPXE:
6.14
VEUR.L:
3.00
FPXE:
2.99%
VEUR.L:
2.89%
FPXE:
16.53%
VEUR.L:
10.11%
FPXE:
-49.55%
VEUR.L:
-28.59%
FPXE:
-18.92%
VEUR.L:
-3.68%
Returns By Period
In the year-to-date period, FPXE achieves a 0.04% return, which is significantly lower than VEUR.L's 1.98% return.
FPXE
0.04%
-3.80%
-2.54%
17.54%
4.93%
N/A
VEUR.L
1.98%
0.05%
-1.12%
8.27%
6.85%
8.29%
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FPXE vs. VEUR.L - Expense Ratio Comparison
FPXE has a 0.70% expense ratio, which is higher than VEUR.L's 0.10% expense ratio.
Risk-Adjusted Performance
FPXE vs. VEUR.L — Risk-Adjusted Performance Rank
FPXE
VEUR.L
FPXE vs. VEUR.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust IPOX Europe Equity Opportunities ETF (FPXE) and Vanguard FTSE Developed Europe UCITS ETF Distributing (VEUR.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
FPXE vs. VEUR.L - Dividend Comparison
FPXE's dividend yield for the trailing twelve months is around 2.10%, less than VEUR.L's 2.25% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FPXE First Trust IPOX Europe Equity Opportunities ETF | 2.10% | 2.10% | 2.02% | 1.82% | 0.47% | 1.35% | 2.07% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VEUR.L Vanguard FTSE Developed Europe UCITS ETF Distributing | 2.25% | 2.30% | 2.96% | 3.22% | 2.73% | 2.30% | 3.34% | 3.53% | 3.05% | 3.03% | 3.05% | 3.92% |
Drawdowns
FPXE vs. VEUR.L - Drawdown Comparison
The maximum FPXE drawdown since its inception was -49.55%, which is greater than VEUR.L's maximum drawdown of -28.59%. Use the drawdown chart below to compare losses from any high point for FPXE and VEUR.L. For additional features, visit the drawdowns tool.
Volatility
FPXE vs. VEUR.L - Volatility Comparison
First Trust IPOX Europe Equity Opportunities ETF (FPXE) has a higher volatility of 4.78% compared to Vanguard FTSE Developed Europe UCITS ETF Distributing (VEUR.L) at 3.66%. This indicates that FPXE's price experiences larger fluctuations and is considered to be riskier than VEUR.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.