VEA vs. VWCG.DE

Last updated Apr 2, 2026

Compare and contrast key facts about Vanguard FTSE Developed Markets ETF (VEA) and Vanguard FTSE Developed Europe UCITS ETF (EUR) Accumulating (VWCG.DE).

VEA and VWCG.DE 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. VWCG.DE is a passively managed fund by Vanguard that tracks the performance of the FTSE Developed Europe. It was launched on Jul 23, 2019. Both VEA and VWCG.DE 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. VWCG.DE - Performance Comparison

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

VEA vs. VWCG.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
VEA Vanguard FTSE Developed Markets ETF	4.45%	35.16%	3.15%	17.93%	-15.34%	11.66%	9.71%	10.95%
VWCG.DE Vanguard FTSE Developed Europe UCITS ETF (EUR) Accumulating	0.11%	35.98%	2.71%	19.74%	-14.68%	14.90%	6.93%	12.32%

Different Trading Currencies

VEA is traded in USD, while VWCG.DE is traded in EUR. To make them comparable, the VWCG.DE 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 VWCG.DE's 0.11% 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%

VWCG.DE

• 1D: 2.85%
• 1M: -4.63%
• YTD: 0.11%
• 6M: 5.54%
• 1Y: 22.45%
• 3Y*: 15.17%
• 5Y*: 9.57%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

VEA vs. VWCG.DE - Expense Ratio Comparison

VEA has a 0.03% expense ratio, which is lower than VWCG.DE's 0.10% 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%.

VWCG.DE

Vanguard FTSE Developed Europe UCITS ETF (EUR) Accumulating

VEA

Vanguard FTSE Developed Markets ETF

Return for Risk

VEA vs. VWCG.DE — Risk / Return Rank

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

VEA

VEA Risk / Return Rank: 87
VEA Sharpe Ratio Rank: 86
VEA Sortino Ratio Rank: 88
VEA Omega Ratio Rank: 87
VEA Calmar Ratio Rank: 87
VEA Martin Ratio Rank: 87

VWCG.DE

VWCG.DE Risk / Return Rank: 49
VWCG.DE Sharpe Ratio Rank: 49
VWCG.DE Sortino Ratio Rank: 43
VWCG.DE Omega Ratio Rank: 49
VWCG.DE Calmar Ratio Rank: 52
VWCG.DE Martin Ratio Rank: 53

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. VWCG.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard FTSE Developed Markets ETF (VEA) and Vanguard FTSE Developed Europe UCITS ETF (EUR) Accumulating (VWCG.DE). 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.

	VEA	VWCG.DE	Difference
Sharpe ratio Return per unit of total volatility	1.81	1.28	+0.53
Sortino ratio Return per unit of downside risk	2.46	1.73	+0.73
Omega ratio Gain probability vs. loss probability	1.36	1.26	+0.10
Calmar ratio Return relative to maximum drawdown	2.77	1.95	+0.82
Martin ratio Return relative to average drawdown	10.77	7.12	+3.65
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. VWCG.DE - Sharpe Ratio Comparison

The current VEA Sharpe Ratio is 1.81, which is higher than the VWCG.DE Sharpe Ratio of 1.28. The chart below compares the historical Sharpe Ratios of VEA and VWCG.DE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	VEA	VWCG.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.81	1.28	+0.53
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.55	0.55	0.00
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	0.56	-0.34

Correlation

The correlation between VEA and VWCG.DE is 0.76, 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.

Dividends

VEA vs. VWCG.DE - Dividend Comparison

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

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
VWCG.DE 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%	0.00%	0.00%

Drawdowns

VEA vs. VWCG.DE - Drawdown Comparison

The maximum VEA drawdown since its inception was -60.68%, which is greater than VWCG.DE's maximum drawdown of -35.80%. Use the drawdown chart below to compare losses from any high point for VEA and VWCG.DE.

Drawdown Indicators

	VEA	VWCG.DE	Difference
Max Drawdown Largest peak-to-trough decline	-60.68%	-35.68%	-25.00%
Max Drawdown (1Y) Largest decline over 1 year	-11.63%	-12.45%	+0.82%
Max Drawdown (5Y) Largest decline over 5 years	-29.71%	-20.10%	-9.61%
Max Drawdown (10Y) Largest decline over 10 years	-35.73%	—	—
Current Drawdown Current decline from peak	-7.20%	-5.40%	-1.80%
Average Drawdown Average peak-to-trough decline	-13.39%	-5.17%	-8.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.99%	2.68%	+0.31%

Volatility

VEA vs. VWCG.DE - Volatility Comparison

Vanguard FTSE Developed Markets ETF (VEA) has a higher volatility of 7.92% compared to Vanguard FTSE Developed Europe UCITS ETF (EUR) Accumulating (VWCG.DE) at 6.32%. This indicates that VEA's price experiences larger fluctuations and is considered to be riskier than VWCG.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VEA	VWCG.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.92%	6.32%	+1.60%
Volatility (6M) Calculated over the trailing 6-month period	11.68%	10.57%	+1.11%
Volatility (1Y) Calculated over the trailing 1-year period	17.67%	17.48%	+0.19%
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%	19.59%	-2.33%