MEU.MI vs. VWCG.DE

Last updated Apr 2, 2026

Compare and contrast key facts about Amundi MSCI Europe II UCITS ETF (MEU.MI) and Vanguard FTSE Developed Europe UCITS ETF (EUR) Accumulating (VWCG.DE).

MEU.MI and VWCG.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MEU.MI is a passively managed fund by Amundi that tracks the performance of the MSCI Europe index. It was launched on Jan 9, 2006. VWCG.DE is a passively managed fund by Vanguard that tracks the performance of the FTSE Developed Europe. It was launched on Jul 23, 2019. Both MEU.MI and VWCG.DE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

MEU.MI vs. VWCG.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Amundi MSCI Europe II UCITS ETF (MEU.MI) and Vanguard FTSE Developed Europe UCITS ETF (EUR) Accumulating (VWCG.DE). The values are adjusted to include any dividend payments, if applicable.

MEU.MI vs. VWCG.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
MEU.MI Amundi MSCI Europe II UCITS ETF	1.10%	20.93%	8.17%	15.92%	-9.82%	25.20%	-3.35%	10.48%
VWCG.DE Vanguard FTSE Developed Europe UCITS ETF (EUR) Accumulating	1.43%	20.45%	8.94%	16.07%	-9.71%	24.74%	-2.59%	11.39%

Returns By Period

In the year-to-date period, MEU.MI achieves a 1.10% return, which is significantly lower than VWCG.DE's 1.43% return.

MEU.MI

• 1D: 2.63%
• 1M: -3.87%
• YTD: 1.10%
• 6M: 6.52%
• 1Y: 13.22%
• 3Y*: 12.07%
• 5Y*: 9.75%
• 10Y*: 8.86%

VWCG.DE

• 1D: 2.47%
• 1M: -3.85%
• YTD: 1.43%
• 6M: 6.77%
• 1Y: 13.97%
• 3Y*: 12.62%
• 5Y*: 9.91%
• 10Y*: —

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

MEU.MI vs. VWCG.DE - Expense Ratio Comparison

MEU.MI has a 0.25% expense ratio, which is higher than VWCG.DE's 0.10% 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%.

MEU.MI

Amundi MSCI Europe II UCITS ETF

VWCG.DE

Vanguard FTSE Developed Europe UCITS ETF (EUR) Accumulating

Return for Risk

MEU.MI vs. VWCG.DE — Risk / Return Rank

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

MEU.MI

MEU.MI Risk / Return Rank: 41
MEU.MI Sharpe Ratio Rank: 43
MEU.MI Sortino Ratio Rank: 39
MEU.MI Omega Ratio Rank: 44
MEU.MI Calmar Ratio Rank: 36
MEU.MI Martin Ratio Rank: 42

VWCG.DE

VWCG.DE Risk / Return Rank: 49
VWCG.DE Sharpe Ratio Rank: 49
VWCG.DE Sortino Ratio Rank: 43
VWCG.DE Omega Ratio Rank: 49
VWCG.DE Calmar Ratio Rank: 52
VWCG.DE Martin Ratio Rank: 53

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.

MEU.MI vs. VWCG.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amundi MSCI Europe II UCITS ETF (MEU.MI) and Vanguard FTSE Developed Europe UCITS ETF (EUR) Accumulating (VWCG.DE). 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.

	MEU.MI	VWCG.DE	Difference
Sharpe ratio Return per unit of total volatility	0.86	0.92	-0.06
Sortino ratio Return per unit of downside risk	1.19	1.25	-0.06
Omega ratio Gain probability vs. loss probability	1.18	1.20	-0.01
Calmar ratio Return relative to maximum drawdown	1.06	1.41	-0.35
Martin ratio Return relative to average drawdown	4.47	5.41	-0.95
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MEU.MI vs. VWCG.DE - Sharpe Ratio Comparison

The current MEU.MI Sharpe Ratio is 0.86, which is comparable to the VWCG.DE Sharpe Ratio of 0.92. The chart below compares the historical Sharpe Ratios of MEU.MI and VWCG.DE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	MEU.MI	VWCG.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.86	0.92	-0.06
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.70	0.69	0.00
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.57	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.31	0.60	-0.30

Correlation

The correlation between MEU.MI and VWCG.DE is 0.94, 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.

Dividends

MEU.MI vs. VWCG.DE - Dividend Comparison

Neither MEU.MI nor VWCG.DE has paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MEU.MI Amundi MSCI Europe II UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	1.70%	3.28%	3.78%	3.10%	3.37%	3.53%
VWCG.DE Vanguard FTSE Developed Europe UCITS ETF (EUR) Accumulating	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

MEU.MI vs. VWCG.DE - Drawdown Comparison

The maximum MEU.MI drawdown since its inception was -58.23%, which is greater than VWCG.DE's maximum drawdown of -35.68%. Use the drawdown chart below to compare losses from any high point for MEU.MI and VWCG.DE.

Drawdown Indicators

	MEU.MI	VWCG.DE	Difference
Max Drawdown Largest peak-to-trough decline	-58.23%	-35.68%	-22.55%
Max Drawdown (1Y) Largest decline over 1 year	-12.43%	-12.45%	+0.02%
Max Drawdown (5Y) Largest decline over 5 years	-19.66%	-20.10%	+0.44%
Max Drawdown (10Y) Largest decline over 10 years	-35.18%	—	—
Current Drawdown Current decline from peak	-5.57%	-5.40%	-0.17%
Average Drawdown Average peak-to-trough decline	-11.91%	-5.17%	-6.74%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.96%	2.68%	+0.28%

Volatility

MEU.MI vs. VWCG.DE - Volatility Comparison

Amundi MSCI Europe II UCITS ETF (MEU.MI) and Vanguard FTSE Developed Europe UCITS ETF (EUR) Accumulating (VWCG.DE) have volatilities of 5.85% and 5.88%, 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.

Volatility by Period

	MEU.MI	VWCG.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.85%	5.88%	-0.03%
Volatility (6M) Calculated over the trailing 6-month period	9.27%	9.19%	+0.08%
Volatility (1Y) Calculated over the trailing 1-year period	15.32%	15.14%	+0.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.20%	14.12%	+0.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.54%	17.09%	-1.55%