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VEA vs. VFEG.L
Performance
Return for Risk
Dividends
Drawdowns
Volatility

VEA vs. VFEG.L

Last updated Apr 2, 2026

Compare and contrast key facts about Vanguard FTSE Developed Markets ETF (VEA) and Vanguard FTSE Emerging Markets UCITS ETF Acc (VFEG.L).

VEA and VFEG.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VEA is a passively managed fund by Vanguard that tracks the performance of the FTSE Developed All Cap ex US Index. It was launched on Jul 20, 2007. VFEG.L is a passively managed fund by Vanguard that tracks the performance of the MSCI EM NR USD. It was launched on Sep 24, 2019. Both VEA and VFEG.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

VEA vs. VFEG.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard FTSE Developed Markets ETF (VEA) and Vanguard FTSE Emerging Markets UCITS ETF Acc (VFEG.L). The values are adjusted to include any dividend payments, if applicable.

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VEA vs. VFEG.L - Yearly Performance Comparison

2026 (YTD)2025202420232022202120202019
VEA
Vanguard FTSE Developed Markets ETF		4.45%35.16%3.15%17.93%-15.34%11.66%9.71%8.25%
VFEG.L
Vanguard FTSE Emerging Markets UCITS ETF Acc		0.86%25.99%12.23%6.62%-17.18%-0.91%14.68%12.43%
Different Trading Currencies

VEA is traded in USD, while VFEG.L is traded in GBP. To make them comparable, the VFEG.L values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, VEA achieves a 4.45% return, which is significantly higher than VFEG.L's 0.86% return.

VEA

1D
1.65%
1M
-5.45%
YTD
4.45%
6M
9.91%
1Y
31.74%
3Y*
16.71%
5Y*
8.93%
10Y*
9.55%

VFEG.L

1D
2.61%
1M
-4.57%
YTD
0.86%
6M
1.74%
1Y
22.88%
3Y*
14.03%
5Y*
3.73%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Vanguard FTSE Developed Markets ETF

Vanguard FTSE Emerging Markets UCITS ETF Acc

Often compared with VEA:
VEA vs. VXUSVEA vs. VWOVEA vs. VOOVEA vs. VEUVEA vs. IEFAVEA vs. SCHFVEA vs. VTI
Often compared with VFEG.L:
VFEG.L vs. EMIM.LVFEG.L vs. EIMI.LVFEG.L vs. VUAG.LVFEG.L vs. HMEF.LVFEG.L vs. SEMA.LVFEG.L vs. VAPX.LVFEG.L vs. VJPB.L

VEA vs. VFEG.L - Expense Ratio Comparison

VEA has a 0.03% expense ratio, which is lower than VFEG.L's 0.22% 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%.

VFEG.L
Vanguard FTSE Emerging Markets UCITS ETF Acc
VEA
Vanguard FTSE Developed Markets ETF

Return for Risk

VEA vs. VFEG.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
VEA
VEA Risk / Return Rank: 8787
Overall Rank
VEA Sharpe Ratio Rank: 8686
Sharpe Ratio Rank
VEA Sortino Ratio Rank: 8888
Sortino Ratio Rank
VEA Omega Ratio Rank: 8787
Omega Ratio Rank
VEA Calmar Ratio Rank: 8787
Calmar Ratio Rank
VEA Martin Ratio Rank: 8787
Martin Ratio Rank
VFEG.L
VFEG.L Risk / Return Rank: 6969
Overall Rank
VFEG.L Sharpe Ratio Rank: 7070
Sharpe Ratio Rank
VFEG.L Sortino Ratio Rank: 6666
Sortino Ratio Rank
VFEG.L Omega Ratio Rank: 6565
Omega Ratio Rank
VFEG.L Calmar Ratio Rank: 7878
Calmar Ratio Rank
VFEG.L Martin Ratio Rank: 6666
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.

VEA vs. VFEG.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard FTSE Developed Markets ETF (VEA) and Vanguard FTSE Emerging Markets UCITS ETF Acc (VFEG.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.

VEAVFEG.LDifference

Sharpe ratio

Return per unit of total volatility

1.81

1.32

+0.48

Sortino ratio

Return per unit of downside risk

2.46

1.77

+0.69

Omega ratio

Gain probability vs. loss probability

1.36

1.25

+0.11

Calmar ratio

Return relative to maximum drawdown

2.77

2.06

+0.71

Martin ratio

Return relative to average drawdown

10.77

7.20

+3.58

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VEA vs. VFEG.L - Sharpe Ratio Comparison

The current VEA Sharpe Ratio is 1.81, which is higher than the VFEG.L Sharpe Ratio of 1.32. The chart below compares the historical Sharpe Ratios of VEA and VFEG.L, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Sharpe Ratios by Period

VEAVFEG.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.81

1.32

+0.48

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.55

0.21

+0.34

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.55

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.22

0.39

-0.17

Correlation

The correlation between VEA and VFEG.L is 0.65, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

VEA vs. VFEG.L - Dividend Comparison

VEA's dividend yield for the trailing twelve months is around 2.88%, while VFEG.L has not paid dividends to shareholders.

TTM20252024202320222021202020192018201720162015
VEA
Vanguard FTSE Developed Markets ETF		2.88%3.22%3.35%3.15%2.91%3.16%2.04%3.04%3.35%2.77%3.05%2.92%
VFEG.L
Vanguard FTSE Emerging Markets UCITS ETF Acc		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

VEA vs. VFEG.L - Drawdown Comparison

The maximum VEA drawdown since its inception was -60.68%, which is greater than VFEG.L's maximum drawdown of -36.15%. Use the drawdown chart below to compare losses from any high point for VEA and VFEG.L.

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Drawdown Indicators

VEAVFEG.LDifference

Max Drawdown

Largest peak-to-trough decline

-60.68%

-25.35%

-35.33%

Max Drawdown (1Y)

Largest decline over 1 year

-11.63%

-10.32%

-1.31%

Max Drawdown (5Y)

Largest decline over 5 years

-29.71%

-19.47%

-10.24%

Max Drawdown (10Y)

Largest decline over 10 years

-35.73%

—

—

Current Drawdown

Current decline from peak

-7.20%

-6.08%

-1.12%

Average Drawdown

Average peak-to-trough decline

-13.39%

-9.01%

-4.38%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.99%

2.83%

+0.16%

Volatility

VEA vs. VFEG.L - Volatility Comparison

Vanguard FTSE Developed Markets ETF (VEA) has a higher volatility of 7.92% compared to Vanguard FTSE Emerging Markets UCITS ETF Acc (VFEG.L) at 6.38%. This indicates that VEA's price experiences larger fluctuations and is considered to be riskier than VFEG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

VEAVFEG.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

7.92%

6.38%

+1.54%

Volatility (6M)

Calculated over the trailing 6-month period

11.68%

11.61%

+0.07%

Volatility (1Y)

Calculated over the trailing 1-year period

17.67%

17.22%

+0.45%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.30%

17.36%

-1.06%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.26%

19.42%

-2.16%