MSEA.L vs. MVED.L
MSEA.L (UBS Core MSCI Europe UCITS ETF Capitalisation A) and MVED.L (iShares Edge MSCI Europe Minimum Volatility UCITS ETF EUR (Dist)) are both Europe Equities funds - MSEA.L tracks the MSCI Europe Index while MVED.L tracks the MSCI Europe NR EUR. Both are passively managed. A 0.63 correlation means they provide meaningful diversification when combined. MSEA.L charges 0.10%/yr vs 0.25%/yr for MVED.L.
Performance
MSEA.L vs. MVED.L - Performance Comparison
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Different Trading Currencies
MSEA.L is traded in GBp, while MVED.L is traded in EUR. To make them comparable, the MVED.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, MSEA.L achieves a 7.55% return, which is significantly higher than MVED.L's 5.15% return.
MSEA.L
- 1D
- 0.46%
- 1M
- 1.04%
- YTD
- 7.55%
- 6M
- 8.89%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
MVED.L
- 1D
- 0.41%
- 1M
- -0.06%
- YTD
- 5.15%
- 6M
- 6.33%
- 1Y
- 8.33%
- 3Y*
- 10.58%
- 5Y*
- 7.60%
- 10Y*
- —
MSEA.L vs. MVED.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
MSEA.L UBS Core MSCI Europe UCITS ETF Capitalisation A | 7.55% | 7.48% |
MVED.L iShares Edge MSCI Europe Minimum Volatility UCITS ETF EUR (Dist) | 5.15% | 2.77% |
Correlation
The correlation between MSEA.L and MVED.L is 0.63, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Aug 28, 2025 | 0.63 |
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Return for Risk
MSEA.L vs. MVED.L — Risk / Return Rank
MSEA.L
MVED.L
MSEA.L vs. MVED.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for UBS Core MSCI Europe UCITS ETF Capitalisation A (MSEA.L) and iShares Edge MSCI Europe Minimum Volatility UCITS ETF EUR (Dist) (MVED.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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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Sharpe Ratios by Period
| MSEA.L | MVED.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 0.91 | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.67 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.99 | 0.55 | +1.43 |
Drawdowns
MSEA.L vs. MVED.L - Drawdown Comparison
The maximum MSEA.L drawdown since its inception was -10.45%, smaller than the maximum MVED.L drawdown of -24.30%. Use the drawdown chart below to compare losses from any high point for MSEA.L and MVED.L.
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Drawdown Indicators
| MSEA.L | MVED.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -10.45% | -24.30% | +13.85% |
Max Drawdown (1Y)Largest decline over 1 year | — | -8.29% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -8.29% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -17.37% | — |
Current DrawdownCurrent decline from peak | -1.14% | -4.13% | +2.99% |
Average DrawdownAverage peak-to-trough decline | -2.48% | -4.01% | +1.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.74% | — |
Volatility
MSEA.L vs. MVED.L - Volatility Comparison
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Volatility by Period
| MSEA.L | MVED.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 2.75% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 7.69% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 15.18% | 9.14% | +6.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.18% | 11.29% | +3.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.18% | 12.95% | +2.23% |
MSEA.L vs. MVED.L - Expense Ratio Comparison
MSEA.L has a 0.10% expense ratio, which is lower than MVED.L's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
MSEA.L vs. MVED.L - Dividend Comparison
MSEA.L has not paid dividends to shareholders, while MVED.L's dividend yield for the trailing twelve months is around 2.58%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
MSEA.L UBS Core MSCI Europe UCITS ETF Capitalisation A | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MVED.L iShares Edge MSCI Europe Minimum Volatility UCITS ETF EUR (Dist) | 2.58% | 2.69% | 2.56% | 2.67% | 2.95% | 2.16% | 2.54% | 2.81% | 2.51% |
Frequently Asked Questions
MSEA.L and MVED.L have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, MSEA.L is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
MSEA.L is cheaper with a 0.10% expense ratio, compared with 0.25% for MVED.L.
MSEA.L tracks MSCI Europe Index, while MVED.L tracks MSCI Europe NR EUR. They also come from different issuers: UBS and BlackRock. Their fees differ too: 0.10% for MSEA.L and 0.25% for MVED.L.
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