IEV vs. VEA
Compare and contrast key facts about iShares Europe ETF (IEV) and Vanguard FTSE Developed Markets ETF (VEA).
IEV and VEA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IEV is a passively managed fund by iShares that tracks the performance of the S&P Europe 350 Index. It was launched on Jul 25, 2000. VEA is a passively managed fund by Vanguard that tracks the performance of the MSCI EAFE Index. It was launched on Jul 20, 2007. Both IEV and VEA 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: IEV or VEA.
Performance
IEV vs. VEA - Performance Comparison
Returns By Period
In the year-to-date period, IEV achieves a 2.58% return, which is significantly lower than VEA's 4.77% return. Over the past 10 years, IEV has underperformed VEA with an annualized return of 4.64%, while VEA has yielded a comparatively higher 5.29% annualized return.
IEV
2.58%
-6.98%
-6.30%
8.67%
6.16%
4.64%
VEA
4.77%
-4.88%
-2.24%
11.26%
5.95%
5.29%
Key characteristics
| IEV | VEA | |
|---|---|---|
| Sharpe Ratio | 0.70 | 0.92 |
| Sortino Ratio | 1.03 | 1.33 |
| Omega Ratio | 1.12 | 1.16 |
| Calmar Ratio | 0.91 | 1.34 |
| Martin Ratio | 3.07 | 4.43 |
| Ulcer Index | 2.96% | 2.65% |
| Daily Std Dev | 12.91% | 12.80% |
| Max Drawdown | -63.27% | -60.70% |
| Current Drawdown | -9.73% | -7.52% |
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IEV vs. VEA - Expense Ratio Comparison
IEV has a 0.59% expense ratio, which is higher than VEA's 0.05% expense ratio.
Correlation
The correlation between IEV and VEA is 0.97, 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.
Risk-Adjusted Performance
IEV vs. VEA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Europe ETF (IEV) and Vanguard FTSE Developed Markets ETF (VEA). 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
IEV vs. VEA - Dividend Comparison
IEV's dividend yield for the trailing twelve months is around 3.00%, less than VEA's 3.05% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IEV iShares Europe ETF | 3.00% | 2.77% | 3.06% | 2.81% | 1.76% | 3.06% | 3.43% | 2.39% | 3.08% | 2.81% | 3.79% | 2.33% |
VEA Vanguard FTSE Developed Markets ETF | 3.05% | 3.16% | 2.91% | 3.16% | 2.04% | 3.04% | 3.35% | 2.77% | 3.05% | 2.92% | 3.68% | 2.60% |
Drawdowns
IEV vs. VEA - Drawdown Comparison
The maximum IEV drawdown since its inception was -63.27%, roughly equal to the maximum VEA drawdown of -60.70%. Use the drawdown chart below to compare losses from any high point for IEV and VEA. For additional features, visit the drawdowns tool.
Volatility
IEV vs. VEA - Volatility Comparison
iShares Europe ETF (IEV) has a higher volatility of 4.33% compared to Vanguard FTSE Developed Markets ETF (VEA) at 3.63%. This indicates that IEV's price experiences larger fluctuations and is considered to be riskier than VEA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.