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TSCO.L vs. VEUA.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

TSCO.L vs. VEUA.L

Last updated Jun 13, 2026

TSCO.L (Tesco PLC) is a stock, while VEUA.L (Vanguard FTSE Developed Europe UCITS ETF (EUR) Accumulating) is Europe Equities fund tracking the MSCI Europe NR EUR. Over the past 5 years, TSCO.L returned 19.99%/yr vs 10.11%/yr for VEUA.L. At a 0.29 correlation, their price movements are largely independent.

Performance

TSCO.L vs. VEUA.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Tesco PLC (TSCO.L) and Vanguard FTSE Developed Europe UCITS ETF (EUR) Accumulating (VEUA.L). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

TSCO.L is traded in GBp, while VEUA.L is traded in GBP. To make them comparable, the VEUA.L values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, TSCO.L achieves a 9.36% return, which is significantly higher than VEUA.L's 7.77% return.

TSCO.L

1D
0.87%
1M
4.95%
YTD
9.36%
6M
9.61%
1Y
22.65%
3Y*
26.28%
5Y*
19.99%
10Y*
15.99%

VEUA.L

1D
1.65%
1M
3.69%
YTD
7.77%
6M
9.55%
1Y
19.76%
3Y*
14.57%
5Y*
10.11%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

TSCO.L vs. VEUA.L - Yearly Performance Comparison

2026 (YTD)2025202420232022202120202019
TSCO.L
Tesco PLC		9.36%24.45%31.78%34.79%-18.79%30.32%-5.37%9.78%
VEUA.L
Vanguard FTSE Developed Europe UCITS ETF (EUR) Accumulating		7.77%26.07%4.49%13.46%-4.21%16.83%3.08%-9.21%

Correlation

The correlation between TSCO.L and VEUA.L is 0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.08

Correlation (3Y)
Calculated over the trailing 3-year period

0.18

Correlation (5Y)
Calculated over the trailing 5-year period

0.26

Correlation (All Time)
Calculated using the full available price history since Jul 23, 2019

0.29

Over the past year, the correlation between TSCO.L and VEUA.L has dropped to 0.08 - well below their long-term average of 0.29, suggesting their price drivers have been diverging.

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Tesco PLC

Vanguard FTSE Developed Europe UCITS ETF (EUR) Accumulating

Often compared with TSCO.L:
TSCO.L vs. AV.LTSCO.L vs. NWG.LTSCO.L vs. JSAIYTSCO.L vs. WMTTSCO.L vs. UGLTSCO.L vs. VWRP.LTSCO.L vs. MSFT
Often compared with VEUA.L:
VEUA.L vs. VERG.LVEUA.L vs. VHVG.LVEUA.L vs. MEUD.LVEUA.L vs. NASL.LVEUA.L vs. VERX.ASVEUA.L vs. EUNA.DEVEUA.L vs. VWCE.DE

Return for Risk

TSCO.L vs. VEUA.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
TSCO.L
TSCO.L Risk / Return Rank: 7474
Overall Rank
TSCO.L Sharpe Ratio Rank: 7777
Sharpe Ratio Rank
TSCO.L Sortino Ratio Rank: 7171
Sortino Ratio Rank
TSCO.L Omega Ratio Rank: 7171
Omega Ratio Rank
TSCO.L Calmar Ratio Rank: 7575
Calmar Ratio Rank
TSCO.L Martin Ratio Rank: 7676
Martin Ratio Rank
VEUA.L
VEUA.L Risk / Return Rank: 5050
Overall Rank
VEUA.L Sharpe Ratio Rank: 5454
Sharpe Ratio Rank
VEUA.L Sortino Ratio Rank: 5353
Sortino Ratio Rank
VEUA.L Omega Ratio Rank: 5656
Omega Ratio Rank
VEUA.L Calmar Ratio Rank: 4242
Calmar Ratio Rank
VEUA.L Martin Ratio Rank: 4545
Martin Ratio Rank
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.

TSCO.L vs. VEUA.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tesco PLC (TSCO.L) and Vanguard FTSE Developed Europe UCITS ETF (EUR) Accumulating (VEUA.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.

TSCO.LVEUA.LDifference
Sharpe ratioReturn per unit of total volatility
1.14
1.60

-0.46

Sortino ratioReturn per unit of downside risk
1.66
2.27

-0.62

Omega ratioGain probability vs. loss probability

1.21

1.30

-0.09

Calmar ratioReturn relative to maximum drawdown

1.88

1.86

+0.02

Martin ratioReturn relative to average drawdown

4.60

6.63

-2.02

TSCO.L vs. VEUA.L - Sharpe Ratio Comparison

The current TSCO.L Sharpe Ratio is 1.14, which is comparable to the VEUA.L Sharpe Ratio of 1.60. The chart below compares the historical Sharpe Ratios of TSCO.L and VEUA.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

TSCO.L vs. VEUA.L - Drawdown Comparison

The maximum TSCO.L drawdown since its inception was -63.40%, which is greater than VEUA.L's maximum drawdown of -33.39%. Use the drawdown chart below to compare losses from any high point for TSCO.L and VEUA.L.

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Drawdown Indicators

TSCO.LVEUA.LDifference

Max Drawdown

Largest peak-to-trough decline

-63.40%

-33.39%

-30.01%

Max Drawdown (1Y)

Largest decline over 1 year

-13.12%

-10.58%

-2.54%

Max Drawdown (3Y)

Largest decline over 3 years

-20.76%

-12.63%

-8.13%

Max Drawdown (5Y)

Largest decline over 5 years

-32.40%

-16.36%

-16.04%

Max Drawdown (10Y)

Largest decline over 10 years

-32.40%

—

—

Current Drawdown

Current decline from peak

-3.60%

-0.30%

-3.30%

Average Drawdown

Average peak-to-trough decline

-23.62%

-6.10%

-17.52%

Ulcer Index

Depth and duration of drawdowns from previous peaks

5.36%

2.97%

+2.39%

Volatility

TSCO.L vs. VEUA.L - Volatility Comparison

Tesco PLC (TSCO.L) has a higher volatility of 7.05% compared to Vanguard FTSE Developed Europe UCITS ETF (EUR) Accumulating (VEUA.L) at 3.55%. This indicates that TSCO.L's price experiences larger fluctuations and is considered to be riskier than VEUA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

TSCO.LVEUA.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

7.05%

3.55%

+3.50%

Volatility (6M)

Calculated over the trailing 6-month period

17.16%

10.41%

+6.75%

Volatility (1Y)

Calculated over the trailing 1-year period

21.55%

12.29%

+9.26%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

20.28%

15.85%

+4.43%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

22.53%

17.67%

+4.86%

Dividends

TSCO.L vs. VEUA.L - Dividend Comparison

TSCO.L's dividend yield for the trailing twelve months is around 3.07%, while VEUA.L has not paid dividends to shareholders.

PositionTTM202520242023202220212020201920182017
TSCO.L
Tesco PLC		3.07%3.23%3.39%3.75%5.15%20.72%4.19%2.64%1.93%0.48%
VEUA.L
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%

Frequently Asked Questions

TSCO.L and VEUA.L have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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