VEA vs. VGK
Compare and contrast key facts about Vanguard FTSE Developed Markets ETF (VEA) and Vanguard FTSE Europe ETF (VGK).
VEA and VGK 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 MSCI EAFE Index. It was launched on Jul 20, 2007. VGK is a passively managed fund by Vanguard that tracks the performance of the FTSE Developed Europe Index. It was launched on Mar 4, 2005. Both VEA and VGK are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VEA or VGK.
Performance
VEA vs. VGK - Performance Comparison
Returns By Period
In the year-to-date period, VEA achieves a 4.77% return, which is significantly higher than VGK's 2.88% return. Over the past 10 years, VEA has outperformed VGK with an annualized return of 5.29%, while VGK has yielded a comparatively lower 4.97% annualized return.
VEA
4.77%
-4.88%
-2.24%
11.26%
5.95%
5.29%
VGK
2.88%
-6.81%
-5.83%
9.21%
6.17%
4.97%
Key characteristics
| VEA | VGK | |
|---|---|---|
| Sharpe Ratio | 0.92 | 0.74 |
| Sortino Ratio | 1.33 | 1.09 |
| Omega Ratio | 1.16 | 1.13 |
| Calmar Ratio | 1.34 | 1.00 |
| Martin Ratio | 4.43 | 3.32 |
| Ulcer Index | 2.65% | 2.93% |
| Daily Std Dev | 12.80% | 13.14% |
| Max Drawdown | -60.70% | -63.61% |
| Current Drawdown | -7.52% | -9.62% |
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VEA vs. VGK - Expense Ratio Comparison
VEA has a 0.05% expense ratio, which is lower than VGK's 0.08% 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%.
Correlation
The correlation between VEA and VGK is 0.97, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
VEA vs. VGK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard FTSE Developed Markets ETF (VEA) and Vanguard FTSE Europe ETF (VGK). 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.
Dividends
VEA vs. VGK - Dividend Comparison
VEA's dividend yield for the trailing twelve months is around 3.05%, less than VGK's 3.13% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VEA Vanguard FTSE Developed Markets ETF | 3.05% | 3.16% | 2.91% | 3.16% | 2.04% | 3.04% | 3.35% | 2.77% | 3.05% | 2.92% | 3.68% | 2.60% |
VGK Vanguard FTSE Europe ETF | 3.13% | 3.15% | 3.25% | 3.05% | 2.11% | 3.27% | 3.95% | 2.70% | 3.52% | 3.25% | 4.62% | 2.77% |
Drawdowns
VEA vs. VGK - Drawdown Comparison
The maximum VEA drawdown since its inception was -60.70%, roughly equal to the maximum VGK drawdown of -63.61%. Use the drawdown chart below to compare losses from any high point for VEA and VGK. For additional features, visit the drawdowns tool.
Volatility
VEA vs. VGK - Volatility Comparison
The current volatility for Vanguard FTSE Developed Markets ETF (VEA) is 3.63%, while Vanguard FTSE Europe ETF (VGK) has a volatility of 4.24%. This indicates that VEA experiences smaller price fluctuations and is considered to be less risky than VGK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.