UIFS.L vs. VEUA.L

Last updated Jun 13, 2026

UIFS.L (iShares S&P 500 Financials Sector UCITS ETF USD (Acc)) and VEUA.L (Vanguard FTSE Developed Europe UCITS ETF (EUR) Accumulating) are both exchange-traded funds - UIFS.L is a Financials Equities fund tracking the S&P 500 Capped 35/20 Financials Index, while VEUA.L is a Europe Equities fund tracking the MSCI Europe NR EUR. Both are passively managed. Over the past 5 years, UIFS.L returned 10.05%/yr vs 10.11%/yr for VEUA.L. A 0.60 correlation means they provide meaningful diversification when combined. UIFS.L charges 0.15%/yr vs 0.10%/yr for VEUA.L.

Performance

UIFS.L vs. VEUA.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in iShares S&P 500 Financials Sector UCITS ETF USD (Acc) (UIFS.L) and Vanguard FTSE Developed Europe UCITS ETF (EUR) Accumulating (VEUA.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

UIFS.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, UIFS.L achieves a -2.31% return, which is significantly lower than VEUA.L's 7.77% return.

UIFS.L

• 1D: 1.97%
• 1M: 5.59%
• YTD: -2.31%
• 6M: -2.14%
• 1Y: 7.87%
• 3Y*: 16.13%
• 5Y*: 10.05%
• 10Y*: 13.52%

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)

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

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
UIFS.L iShares S&P 500 Financials Sector UCITS ETF USD (Acc)	-2.31%	7.07%	32.24%	6.12%	-0.45%	38.07%	-6.59%	5.25%
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 UIFS.L and VEUA.L is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.45
Correlation (3Y) Calculated over the trailing 3-year period	0.45
Correlation (5Y) Calculated over the trailing 5-year period	0.55
Correlation (All Time) Calculated using the full available price history since Jul 23, 2019	0.60

The correlation between UIFS.L and VEUA.L shifts across timeframes, from 0.45 (3 years) to 0.60 (all time), reflecting how their relationship changes across market environments.

UIFS.L vs. VEUA.L - Sectors Allocation Comparison

Sectors	UIFS.L	VEUA.L
Financial Services	98.0%	24.0%
Technology	1.7%	8.5%
Industrials	0.2%	19.7%
Basic Materials	-	5.6%
Communication Services	-	3.0%
Consumer Cyclical	-	6.6%
Consumer Defensive	-	8.3%
Energy	-	5.3%
Healthcare	-	12.9%
Real Estate	-	1.1%
Utilities	-	5.0%

Return for Risk

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

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

UIFS.L

UIFS.L Risk / Return Rank: 18
UIFS.L Sharpe Ratio Rank: 20
UIFS.L Sortino Ratio Rank: 18
UIFS.L Omega Ratio Rank: 18
UIFS.L Calmar Ratio Rank: 18
UIFS.L Martin Ratio Rank: 17

VEUA.L

VEUA.L Risk / Return Rank: 50
VEUA.L Sharpe Ratio Rank: 54
VEUA.L Sortino Ratio Rank: 53
VEUA.L Omega Ratio Rank: 56
VEUA.L Calmar Ratio Rank: 42
VEUA.L Martin Ratio Rank: 45

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.

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

This table presents a comparison of risk-adjusted performance metrics for iShares S&P 500 Financials Sector UCITS ETF USD (Acc) (UIFS.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.

	UIFS.L	VEUA.L	Difference
Sharpe ratio: Return per unit of total volatility	0.56	1.60	-1.04
Sortino ratio: Return per unit of downside risk	0.88	2.27	-1.40
Omega ratio: Gain probability vs. loss probability	1.10	1.30	-0.20
Calmar ratio: Return relative to maximum drawdown	0.61	1.86	-1.25
Martin ratio: Return relative to average drawdown	1.40	6.63	-5.23

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

The current UIFS.L Sharpe Ratio is 0.56, which is lower than the VEUA.L Sharpe Ratio of 1.60. The chart below compares the historical Sharpe Ratios of UIFS.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.

Drawdowns

UIFS.L vs. VEUA.L - Drawdown Comparison

The maximum UIFS.L drawdown since its inception was -44.49%, 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 UIFS.L and VEUA.L.

Drawdown Indicators

	UIFS.L	VEUA.L	Difference
Max Drawdown Largest peak-to-trough decline	-44.49%	-33.39%	-11.10%
Max Drawdown (1Y) Largest decline over 1 year	-12.90%	-10.58%	-2.32%
Max Drawdown (3Y) Largest decline over 3 years	-20.12%	-12.63%	-7.49%
Max Drawdown (5Y) Largest decline over 5 years	-20.12%	-16.36%	-3.76%
Max Drawdown (10Y) Largest decline over 10 years	-35.31%	—	—
Current Drawdown Current decline from peak	-4.29%	-0.30%	-3.99%
Average Drawdown Average peak-to-trough decline	-9.19%	-6.10%	-3.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.60%	2.97%	+2.63%

Volatility

UIFS.L vs. VEUA.L - Volatility Comparison

iShares S&P 500 Financials Sector UCITS ETF USD (Acc) (UIFS.L) has a higher volatility of 4.49% compared to Vanguard FTSE Developed Europe UCITS ETF (EUR) Accumulating (VEUA.L) at 3.55%. This indicates that UIFS.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.

Volatility by Period

	UIFS.L	VEUA.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.49%	3.55%	+0.94%
Volatility (6M) Calculated over the trailing 6-month period	10.75%	10.41%	+0.34%
Volatility (1Y) Calculated over the trailing 1-year period	14.10%	12.29%	+1.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.50%	15.85%	+6.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.43%	17.67%	+4.76%

UIFS.L vs. VEUA.L - Expense Ratio Comparison

UIFS.L has a 0.15% expense ratio, which is higher than VEUA.L'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%.

Dividends

UIFS.L vs. VEUA.L - Dividend Comparison

Neither UIFS.L nor VEUA.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both UIFS.L and VEUA.L in my portfolio?

UIFS.L and VEUA.L have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, UIFS.L or VEUA.L?

On fees, VEUA.L is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, UIFS.L or VEUA.L?

VEUA.L is cheaper with a 0.10% expense ratio, compared with 0.15% for UIFS.L.

What is the main difference between UIFS.L and VEUA.L?

UIFS.L is categorized as Financials Equities, while VEUA.L is Europe Equities. UIFS.L tracks S&P 500 Capped 35/20 Financials Index, while VEUA.L tracks MSCI Europe NR EUR. They also come from different issuers: iShares and Vanguard. Their fees differ too: 0.15% for UIFS.L and 0.10% for VEUA.L.