VERE.DE vs. VGWE.DE

Last updated Jun 5, 2026

VERE.DE (Vanguard FTSE Developed Europe ex UK UCITS ETF (EUR) Accumulating) and VGWE.DE (Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Acc) are both exchange-traded funds - VERE.DE is a Europe Equities fund tracking the FTSE Developed Europe ex UK, while VGWE.DE is a Dividend fund tracking the FTSE All-World High Dividend Yield Index. Both are passively managed. Over the past 5 years, VERE.DE returned 9.33%/yr vs 11.47%/yr for VGWE.DE. A 0.76 correlation means they provide meaningful diversification when combined. VERE.DE charges 0.10%/yr vs 0.29%/yr for VGWE.DE.

Performance

VERE.DE vs. VGWE.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Vanguard FTSE Developed Europe ex UK UCITS ETF (EUR) Accumulating (VERE.DE) and Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Acc (VGWE.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VERE.DE achieves a 7.51% return, which is significantly lower than VGWE.DE's 12.43% return.

VERE.DE

• 1D: 0.75%
• 1M: 1.45%
• YTD: 7.51%
• 6M: 10.00%
• 1Y: 15.77%
• 3Y*: 13.74%
• 5Y*: 9.33%
• 10Y*: —

VGWE.DE

• 1D: 0.23%
• 1M: 2.28%
• YTD: 12.43%
• 6M: 13.64%
• 1Y: 24.97%
• 3Y*: 15.83%
• 5Y*: 11.47%
• 10Y*: —

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

VERE.DE vs. VGWE.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
VERE.DE Vanguard FTSE Developed Europe ex UK UCITS ETF (EUR) Accumulating	7.51%	21.22%	6.82%	17.62%	-12.44%	24.56%	11.61%
VGWE.DE Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Acc	12.43%	12.81%	15.59%	7.89%	0.02%	27.83%	6.23%

Correlation

The correlation between VERE.DE and VGWE.DE is 0.75, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.75
Correlation (3Y) Calculated over the trailing 3-year period	0.71
Correlation (5Y) Calculated over the trailing 5-year period	0.74
Correlation (All Time) Calculated using the full available price history since Jun 4, 2020	0.76

The correlation between VERE.DE and VGWE.DE has been stable across timeframes, ranging from 0.71 to 0.76 - a consistent structural relationship.

Return for Risk

VERE.DE vs. VGWE.DE — Risk / Return Rank

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

VERE.DE

VERE.DE Risk / Return Rank: 33
VERE.DE Sharpe Ratio Rank: 32
VERE.DE Sortino Ratio Rank: 33
VERE.DE Omega Ratio Rank: 33
VERE.DE Calmar Ratio Rank: 32
VERE.DE Martin Ratio Rank: 37

VGWE.DE

VGWE.DE Risk / Return Rank: 81
VGWE.DE Sharpe Ratio Rank: 81
VGWE.DE Sortino Ratio Rank: 83
VGWE.DE Omega Ratio Rank: 79
VGWE.DE Calmar Ratio Rank: 80
VGWE.DE Martin Ratio Rank: 81

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.

VERE.DE vs. VGWE.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard FTSE Developed Europe ex UK UCITS ETF (EUR) Accumulating (VERE.DE) and Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Acc (VGWE.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.

	VERE.DE	VGWE.DE	Difference
Sharpe ratio: Return per unit of total volatility	1.15	2.60	-1.46
Sortino ratio: Return per unit of downside risk	1.72	3.65	-1.93
Omega ratio: Gain probability vs. loss probability	1.22	1.47	-0.25
Calmar ratio: Return relative to maximum drawdown	1.55	4.11	-2.56
Martin ratio: Return relative to average drawdown	5.69	15.82	-10.14
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VERE.DE vs. VGWE.DE - Sharpe Ratio Comparison

The current VERE.DE Sharpe Ratio is 1.15, which is lower than the VGWE.DE Sharpe Ratio of 2.60. The chart below compares the historical Sharpe Ratios of VERE.DE and VGWE.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	VERE.DE	VGWE.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.15	2.60	-1.46
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.61	0.99	-0.37
Sharpe Ratio (All Time) Calculated using the full available price history	0.60	1.10	-0.50

Drawdowns

VERE.DE vs. VGWE.DE - Drawdown Comparison

The maximum VERE.DE drawdown since its inception was -34.75%, which is greater than VGWE.DE's maximum drawdown of -16.43%. Use the drawdown chart below to compare losses from any high point for VERE.DE and VGWE.DE.

Drawdown Indicators

	VERE.DE	VGWE.DE	Difference
Max Drawdown Largest peak-to-trough decline	-34.75%	-16.43%	-18.32%
Max Drawdown (1Y) Largest decline over 1 year	-10.25%	-6.00%	-4.25%
Max Drawdown (3Y) Largest decline over 3 years	-16.24%	-16.43%	+0.19%
Max Drawdown (5Y) Largest decline over 5 years	-22.81%	-16.43%	-6.38%
Current Drawdown Current decline from peak	-1.29%	-0.37%	-0.92%
Average Drawdown Average peak-to-trough decline	-5.27%	-2.37%	-2.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.80%	1.56%	+1.24%

Volatility

VERE.DE vs. VGWE.DE - Volatility Comparison

Vanguard FTSE Developed Europe ex UK UCITS ETF (EUR) Accumulating (VERE.DE) has a higher volatility of 4.33% compared to Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Acc (VGWE.DE) at 2.38%. This indicates that VERE.DE's price experiences larger fluctuations and is considered to be riskier than VGWE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VERE.DE	VGWE.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.33%	2.38%	+1.95%
Volatility (6M) Calculated over the trailing 6-month period	11.30%	7.18%	+4.12%
Volatility (1Y) Calculated over the trailing 1-year period	13.90%	9.47%	+4.43%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.04%	11.51%	+3.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.08%	12.23%	+4.85%

VERE.DE vs. VGWE.DE - Expense Ratio Comparison

VERE.DE has a 0.10% expense ratio, which is lower than VGWE.DE's 0.29% expense ratio.

Dividends

VERE.DE vs. VGWE.DE - Dividend Comparison

Neither VERE.DE nor VGWE.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both VERE.DE and VGWE.DE in my portfolio?

VERE.DE and VGWE.DE have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, VERE.DE or VGWE.DE?

On fees, VERE.DE 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, VERE.DE or VGWE.DE?

VERE.DE is cheaper with a 0.10% expense ratio, compared with 0.29% for VGWE.DE.

What is the main difference between VERE.DE and VGWE.DE?

VERE.DE is categorized as Europe Equities, while VGWE.DE is Dividend. VERE.DE tracks FTSE Developed Europe ex UK, while VGWE.DE tracks FTSE All-World High Dividend Yield Index. Their fees differ too: 0.10% for VERE.DE and 0.29% for VGWE.DE.