IEUR vs. VGK
Compare and contrast key facts about iShares Core MSCI Europe ETF (IEUR) and Vanguard FTSE Europe ETF (VGK).
IEUR and VGK are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IEUR is a passively managed fund by iShares that tracks the performance of the MSCI Europe Investable Market Index. It was launched on Jun 10, 2014. VGK is a passively managed fund by Vanguard that tracks the performance of the FTSE Developed Europe Index. It was launched on Mar 4, 2005. Both IEUR and VGK 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: IEUR or VGK.
Key characteristics
| IEUR | VGK | |
|---|---|---|
| YTD Return | 3.44% | 3.22% |
| 1Y Return | 8.85% | 8.93% |
| 3Y Return (Ann) | 2.84% | 3.04% |
| 5Y Return (Ann) | 6.75% | 6.89% |
| Sharpe Ratio | 0.69 | 0.70 |
| Daily Std Dev | 13.18% | 13.27% |
| Max Drawdown | -36.96% | -63.61% |
| Current Drawdown | -1.90% | -1.88% |
Correlation
The correlation between IEUR and VGK is 0.99, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
IEUR vs. VGK - Performance Comparison
In the year-to-date period, IEUR achieves a 3.44% return, which is significantly higher than VGK's 3.22% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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IEUR vs. VGK - Expense Ratio Comparison
IEUR has a 0.09% expense ratio, which is higher than VGK's 0.08% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
IEUR vs. VGK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core MSCI Europe ETF (IEUR) and Vanguard FTSE Europe ETF (VGK). 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
IEUR vs. VGK - Dividend Comparison
IEUR's dividend yield for the trailing twelve months is around 3.06%, less than VGK's 3.30% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IEUR iShares Core MSCI Europe ETF | 3.06% | 3.17% | 3.05% | 2.88% | 2.13% | 3.26% | 3.76% | 2.64% | 3.19% | 2.79% | 0.64% | 0.00% |
VGK Vanguard FTSE Europe ETF | 3.30% | 3.15% | 3.25% | 3.05% | 2.11% | 3.27% | 3.95% | 2.70% | 3.52% | 3.25% | 4.62% | 2.77% |
Drawdowns
IEUR vs. VGK - Drawdown Comparison
The maximum IEUR drawdown since its inception was -36.96%, smaller than the maximum VGK drawdown of -63.61%. Use the drawdown chart below to compare losses from any high point for IEUR and VGK. For additional features, visit the drawdowns tool.
Volatility
IEUR vs. VGK - Volatility Comparison
iShares Core MSCI Europe ETF (IEUR) and Vanguard FTSE Europe ETF (VGK) have volatilities of 3.79% and 3.76%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.