TEET.L vs. MVED.L
TEET.L (VanEck European Equal Weight Screened UCITS ETF) and MVED.L (iShares Edge MSCI Europe Minimum Volatility UCITS ETF EUR (Dist)) are both Europe Equities funds - TEET.L tracks the VanEck European Equal Weight Screened UCITS ETF while MVED.L tracks the MSCI Europe NR EUR. Both are passively managed. Over the past 5 years, TEET.L returned 10.23%/yr vs 6.41%/yr for MVED.L. Their correlation of 0.80 suggests significant overlap in exposure. TEET.L charges 0.40%/yr vs 0.25%/yr for MVED.L.
Performance
TEET.L vs. MVED.L - Performance Comparison
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Different Trading Currencies
TEET.L is traded in USD, while MVED.L is traded in EUR. To make them comparable, the MVED.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, TEET.L achieves a 6.60% return, which is significantly higher than MVED.L's 5.93% return.
TEET.L
- 1D
- -0.53%
- 1M
- -1.05%
- 6M
- 4.97%
- YTD
- 6.60%
- 1Y
- 17.45%
- 3Y*
- 16.68%
- 5Y*
- 10.23%
- 10Y*
- 11.68%
MVED.L
- 1D
- 0.32%
- 1M
- 0.34%
- 6M
- 5.03%
- YTD
- 5.93%
- 1Y
- 10.13%
- 3Y*
- 12.64%
- 5Y*
- 6.41%
- 10Y*
- —
TEET.L vs. MVED.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
TEET.L VanEck European Equal Weight Screened UCITS ETF | 6.60% | 36.69% | 5.24% | 23.87% | -16.69% | 17.73% | 5.97% | 39.97% | -7.30% |
MVED.L iShares Edge MSCI Europe Minimum Volatility UCITS ETF EUR (Dist) | 5.93% | 26.83% | 4.79% | 14.18% | -17.85% | 13.29% | 4.58% | 20.39% | -8.44% |
Correlation
The correlation between TEET.L and MVED.L is 0.69, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.69 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.76 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.81 |
Correlation (All Time) Calculated using the full available price history since Feb 23, 2018 | 0.80 |
The correlation between TEET.L and MVED.L shifts across timeframes, from 0.69 (1 year) to 0.81 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
TEET.L vs. MVED.L — Risk / Return Rank
TEET.L
MVED.L
TEET.L vs. MVED.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck European Equal Weight Screened UCITS ETF (TEET.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| TEET.L | MVED.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.04 | ||
| Sortino ratioReturn per unit of downside risk | +0.19 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.17 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.32 | 1.15 | +0.17 |
| Martin ratioReturn relative to average drawdown | 4.82 | 3.03 | +1.79 |
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Drawdowns
TEET.L vs. MVED.L - Drawdown Comparison
The maximum TEET.L drawdown since its inception was -37.34%, which is greater than MVED.L's maximum drawdown of -31.87%. Use the drawdown chart below to compare losses from any high point for TEET.L and MVED.L.
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Drawdown Indicators
| TEET.L | MVED.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.34% | -31.87% | -5.47% |
Max Drawdown (1Y)Largest decline over 1 year | -12.35% | -8.77% | -3.58% |
Max Drawdown (3Y)Largest decline over 3 years | -15.53% | -10.24% | -5.29% |
Max Drawdown (5Y)Largest decline over 5 years | -34.03% | -31.87% | -2.16% |
Max Drawdown (10Y)Largest decline over 10 years | -37.34% | — | — |
Current DrawdownCurrent decline from peak | -2.26% | -3.48% | +1.22% |
Average DrawdownAverage peak-to-trough decline | -7.20% | -6.46% | -0.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.39% | 3.33% | +0.06% |
Volatility
TEET.L vs. MVED.L - Volatility Comparison
VanEck European Equal Weight Screened UCITS ETF (TEET.L) has a higher volatility of 4.76% compared to iShares Edge MSCI Europe Minimum Volatility UCITS ETF EUR (Dist) (MVED.L) at 3.44%. This indicates that TEET.L's price experiences larger fluctuations and is considered to be riskier than MVED.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TEET.L | MVED.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.76% | 3.44% | +1.32% |
Volatility (6M)Calculated over the trailing 6-month period | 14.79% | 9.10% | +5.69% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.16% | 11.11% | +6.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.75% | 14.32% | +4.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.11% | 14.89% | +4.22% |
TEET.L vs. MVED.L - Expense Ratio Comparison
TEET.L has a 0.40% expense ratio, which is higher than MVED.L's 0.25% expense ratio.
Dividends
TEET.L vs. MVED.L - Dividend Comparison
TEET.L's dividend yield for the trailing twelve months is around 2.68%, more than MVED.L's 2.52% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
MVED.L iShares Edge MSCI Europe Minimum Volatility UCITS ETF EUR (Dist) | 2.52% | 2.69% | 2.56% | 2.67% | 2.95% | 2.16% | 2.54% | 2.81% | 2.51% | 0.00% |
TEET.L VanEck European Equal Weight Screened UCITS ETF | 2.68% | 2.41% | 2.84% | 2.58% | 2.92% | 2.60% | 2.20% | 3.69% | 4.29% | 2.69% |
Frequently Asked Questions
TEET.L and MVED.L have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, MVED.L is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
MVED.L is cheaper with a 0.25% expense ratio, compared with 0.40% for TEET.L.
TEET.L tracks VanEck European Equal Weight Screened UCITS ETF, while MVED.L tracks MSCI Europe NR EUR. They also come from different issuers: VanEck and BlackRock. Their fees differ too: 0.40% for TEET.L and 0.25% for MVED.L.
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