RELX vs. VEU

Last updated Jun 4, 2026

RELX (RELX PLC) is a stock, while VEU (Vanguard FTSE All-World ex-US ETF) is Foreign Large Cap Equities fund tracking the FTSE All-World ex US Index. Over the past 10 years, RELX returned 8.22%/yr vs 9.94%/yr for VEU. A 0.59 correlation means they provide meaningful diversification when combined.

Performance

RELX vs. VEU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in RELX PLC (RELX) and Vanguard FTSE All-World ex-US ETF (VEU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RELX achieves a -17.01% return, which is significantly lower than VEU's 14.60% return. Over the past 10 years, RELX has underperformed VEU with an annualized return of 8.22%, while VEU has yielded a comparatively higher 9.94% annualized return.

RELX

• 1D: -1.44%
• 1M: -7.74%
• YTD: -17.01%
• 6M: -16.54%
• 1Y: -37.62%
• 3Y*: 2.83%
• 5Y*: 6.77%
• 10Y*: 8.22%

VEU

• 1D: -0.98%
• 1M: 5.07%
• YTD: 14.60%
• 6M: 17.34%
• 1Y: 32.37%
• 3Y*: 19.62%
• 5Y*: 8.67%
• 10Y*: 9.94%

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

RELX vs. VEU - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RELX RELX PLC	-17.01%	-9.60%	16.59%	46.09%	-13.06%	35.47%	0.27%	25.28%	-11.20%	34.97%
VEU Vanguard FTSE All-World ex-US ETF	14.60%	32.35%	5.56%	15.84%	-15.58%	8.27%	11.10%	21.83%	-14.18%	27.40%

Correlation

The correlation between RELX and VEU is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.26
Correlation (3Y) Calculated over the trailing 3-year period	0.39
Correlation (5Y) Calculated over the trailing 5-year period	0.49
Correlation (10Y) Calculated over the trailing 10-year period	0.52
Correlation (All Time) Calculated using the full available price history since Mar 9, 2007	0.59

Over the past year, the correlation between RELX and VEU has dropped to 0.26 - well below their long-term average of 0.59, suggesting their price drivers have been diverging.

Return for Risk

RELX vs. VEU — Risk / Return Rank

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

RELX

RELX Risk / Return Rank: 5
RELX Sharpe Ratio Rank: 1
RELX Sortino Ratio Rank: 3
RELX Omega Ratio Rank: 3
RELX Calmar Ratio Rank: 11
RELX Martin Ratio Rank: 6

VEU

VEU Risk / Return Rank: 60
VEU Sharpe Ratio Rank: 62
VEU Sortino Ratio Rank: 61
VEU Omega Ratio Rank: 62
VEU Calmar Ratio Rank: 56
VEU Martin Ratio Rank: 61

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.

RELX vs. VEU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for RELX PLC (RELX) and Vanguard FTSE All-World ex-US ETF (VEU). 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.

	RELX	VEU	Difference
Sharpe ratio: Return per unit of total volatility	-1.26	2.13	-3.39
Sortino ratio: Return per unit of downside risk	-1.82	2.94	-4.76
Omega ratio: Gain probability vs. loss probability	0.76	1.39	-0.63
Calmar ratio: Return relative to maximum drawdown	-0.77	2.85	-3.62
Martin ratio: Return relative to average drawdown	-1.44	11.06	-12.50
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RELX vs. VEU - Sharpe Ratio Comparison

The current RELX Sharpe Ratio is -1.26, which is lower than the VEU Sharpe Ratio of 2.13. The chart below compares the historical Sharpe Ratios of RELX and VEU, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	RELX	VEU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-1.26	2.13	-3.39
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.30	0.54	-0.24
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.37	0.58	-0.21
Sharpe Ratio (All Time) Calculated using the full available price history	0.32	0.25	+0.07

Drawdowns

RELX vs. VEU - Drawdown Comparison

The maximum RELX drawdown since its inception was -49.91%, smaller than the maximum VEU drawdown of -61.52%. Use the drawdown chart below to compare losses from any high point for RELX and VEU.

Drawdown Indicators

	RELX	VEU	Difference
Max Drawdown Largest peak-to-trough decline	-49.91%	-61.52%	+11.61%
Max Drawdown (1Y) Largest decline over 1 year	-48.71%	-11.43%	-37.28%
Max Drawdown (3Y) Largest decline over 3 years	-49.91%	-13.69%	-36.22%
Max Drawdown (5Y) Largest decline over 5 years	-49.91%	-29.31%	-20.60%
Max Drawdown (10Y) Largest decline over 10 years	-49.91%	-34.98%	-14.93%
Current Drawdown Current decline from peak	-39.41%	-0.98%	-38.43%
Average Drawdown Average peak-to-trough decline	-12.27%	-13.13%	+0.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	26.11%	2.93%	+23.18%

Volatility

RELX vs. VEU - Volatility Comparison

RELX PLC (RELX) has a higher volatility of 10.97% compared to Vanguard FTSE All-World ex-US ETF (VEU) at 5.59%. This indicates that RELX's price experiences larger fluctuations and is considered to be riskier than VEU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RELX	VEU	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.97%	5.59%	+5.38%
Volatility (6M) Calculated over the trailing 6-month period	27.05%	13.04%	+14.01%
Volatility (1Y) Calculated over the trailing 1-year period	29.94%	15.29%	+14.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.67%	16.07%	+6.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.40%	17.21%	+5.19%

Dividends

RELX vs. VEU - Dividend Comparison

RELX's dividend yield for the trailing twelve months is around 2.79%, more than VEU's 2.61% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
RELX RELX PLC	2.79%	2.03%	1.68%	1.73%	2.42%	2.05%	2.39%	1.57%	2.68%	2.05%	2.55%	2.28%
VEU Vanguard FTSE All-World ex-US ETF	2.61%	3.09%	3.24%	3.32%	3.12%	3.08%	2.00%	3.10%	3.27%	2.66%	2.96%	2.95%

Frequently Asked Questions

Can I hold both RELX and VEU in my portfolio?

RELX and VEU have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RELX or VEU?

RELX has higher volatility (10.97%) compared to VEU (5.59%). In terms of maximum drawdown, RELX dropped -49.91% vs VEU's -61.52%.

Which has better risk-adjusted returns?

VEU currently has the higher Sharpe Ratio (2.13 vs -1.26), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.