IE00BFPM9N11.EUFUND vs. VEIEX
IE00BFPM9N11.EUFUND (Vanguard Global Stock Index Fund Institutional Plus EUR Acc) and VEIEX (Vanguard Emerging Markets Stock Index Fund Investor Shares) are both mutual funds - IE00BFPM9N11.EUFUND is a Global Equities fund managed by Vanguard, while VEIEX is a Emerging Markets Equities fund tracking the FTSE Emerging Markets All Cap China A Inclusion Index. Over the past 10 years, IE00BFPM9N11.EUFUND returned 12.73%/yr vs 8.37%/yr for VEIEX. A 0.67 correlation means they provide meaningful diversification when combined. IE00BFPM9N11.EUFUND charges 0.11%/yr vs 0.29%/yr for VEIEX.
Performance
IE00BFPM9N11.EUFUND vs. VEIEX - Performance Comparison
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Different Trading Currencies
IE00BFPM9N11.EUFUND is traded in EUR, while VEIEX is traded in USD. To make them comparable, the VEIEX values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, IE00BFPM9N11.EUFUND achieves a 11.37% return, which is significantly lower than VEIEX's 13.62% return. Over the past 10 years, IE00BFPM9N11.EUFUND has outperformed VEIEX with an annualized return of 12.73%, while VEIEX has yielded a comparatively lower 8.37% annualized return.
IE00BFPM9N11.EUFUND
- 1D
- -0.37%
- 1M
- 4.66%
- YTD
- 11.37%
- 6M
- 11.06%
- 1Y
- 23.74%
- 3Y*
- 17.53%
- 5Y*
- 12.74%
- 10Y*
- 12.73%
VEIEX
- 1D
- -0.28%
- 1M
- 0.90%
- YTD
- 13.62%
- 6M
- 13.55%
- 1Y
- 27.09%
- 3Y*
- 14.77%
- 5Y*
- 5.99%
- 10Y*
- 8.37%
IE00BFPM9N11.EUFUND vs. VEIEX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IE00BFPM9N11.EUFUND Vanguard Global Stock Index Fund Institutional Plus EUR Acc | 11.37% | 6.73% | 26.59% | 19.63% | -12.79% | 31.07% | 6.32% | 30.03% | -4.16% | 7.47% |
VEIEX Vanguard Emerging Markets Stock Index Fund Investor Shares | 13.62% | 9.80% | 18.49% | 5.40% | -12.82% | 8.25% | 5.57% | 22.83% | -10.72% | 15.03% |
Correlation
The correlation between IE00BFPM9N11.EUFUND and VEIEX is 0.65, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.65 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.60 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.58 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.64 |
Correlation (All Time) Calculated using the full available price history since Dec 9, 2013 | 0.67 |
The correlation between IE00BFPM9N11.EUFUND and VEIEX has been stable across timeframes, ranging from 0.58 to 0.67 - a consistent structural relationship.
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Return for Risk
IE00BFPM9N11.EUFUND vs. VEIEX — Risk / Return Rank
IE00BFPM9N11.EUFUND
VEIEX
IE00BFPM9N11.EUFUND vs. VEIEX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Global Stock Index Fund Institutional Plus EUR Acc (IE00BFPM9N11.EUFUND) and Vanguard Emerging Markets Stock Index Fund Investor Shares (VEIEX). 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.
| IE00BFPM9N11.EUFUND | VEIEX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.30 | ||
| Sortino ratioReturn per unit of downside risk | +0.26 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.37 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 3.51 | 3.29 | +0.21 |
| Martin ratioReturn relative to average drawdown | 14.67 | 11.07 | +3.60 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| IE00BFPM9N11.EUFUND | VEIEX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.29 | 1.99 | +0.30 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.90 | 0.41 | +0.48 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.83 | 0.52 | +0.31 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.81 | 0.25 | +0.56 |
Drawdowns
IE00BFPM9N11.EUFUND vs. VEIEX - Drawdown Comparison
The maximum IE00BFPM9N11.EUFUND drawdown since its inception was -33.75%, smaller than the maximum VEIEX drawdown of -61.01%. Use the drawdown chart below to compare losses from any high point for IE00BFPM9N11.EUFUND and VEIEX.
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Drawdown Indicators
| IE00BFPM9N11.EUFUND | VEIEX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.75% | -61.01% | +27.26% |
Max Drawdown (1Y)Largest decline over 1 year | -6.59% | -8.36% | +1.77% |
Max Drawdown (3Y)Largest decline over 3 years | -20.29% | -16.62% | -3.67% |
Max Drawdown (5Y)Largest decline over 5 years | -20.29% | -20.04% | -0.25% |
Max Drawdown (10Y)Largest decline over 10 years | -33.75% | -30.91% | -2.84% |
Current DrawdownCurrent decline from peak | -0.37% | -1.22% | +0.85% |
Average DrawdownAverage peak-to-trough decline | -4.35% | -12.60% | +8.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.57% | 2.48% | -0.91% |
Volatility
IE00BFPM9N11.EUFUND vs. VEIEX - Volatility Comparison
The current volatility for Vanguard Global Stock Index Fund Institutional Plus EUR Acc (IE00BFPM9N11.EUFUND) is 2.24%, while Vanguard Emerging Markets Stock Index Fund Investor Shares (VEIEX) has a volatility of 4.56%. This indicates that IE00BFPM9N11.EUFUND experiences smaller price fluctuations and is considered to be less risky than VEIEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IE00BFPM9N11.EUFUND | VEIEX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.24% | 4.56% | -2.32% |
Volatility (6M)Calculated over the trailing 6-month period | 7.43% | 10.80% | -3.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.12% | 13.85% | -3.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.92% | 14.52% | -0.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.12% | 16.19% | -1.07% |
IE00BFPM9N11.EUFUND vs. VEIEX - Expense Ratio Comparison
IE00BFPM9N11.EUFUND has a 0.11% expense ratio, which is lower than VEIEX's 0.29% expense ratio.
Dividends
IE00BFPM9N11.EUFUND vs. VEIEX - Dividend Comparison
IE00BFPM9N11.EUFUND has not paid dividends to shareholders, while VEIEX's dividend yield for the trailing twelve months is around 2.27%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IE00BFPM9N11.EUFUND Vanguard Global Stock Index Fund Institutional Plus EUR Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VEIEX Vanguard Emerging Markets Stock Index Fund Investor Shares | 2.27% | 2.59% | 2.97% | 3.32% | 3.87% | 2.41% | 1.72% | 3.07% | 2.67% | 2.14% | 2.33% | 3.04% |
Frequently Asked Questions
IE00BFPM9N11.EUFUND and VEIEX have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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