VERG.L vs. IUKD.L

Last updated Jun 5, 2026

VERG.L (Vanguard FTSE Developed Europe ex UK UCITS ETF (EUR) Accumulating) and IUKD.L (iShares UK Dividend UCITS ETF) are both exchange-traded funds - VERG.L is a Europe Equities fund tracking the MSCI Europe Ex UK NR EUR, while IUKD.L is a Dividend fund tracking the FTSE UK Dividend+ Index. Both are passively managed. Over the past 5 years, VERG.L returned 9.50%/yr vs 11.88%/yr for IUKD.L. A 0.66 correlation means they provide meaningful diversification when combined. VERG.L charges 0.10%/yr vs 0.40%/yr for IUKD.L.

Performance

VERG.L vs. IUKD.L - 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 (VERG.L) and iShares UK Dividend UCITS ETF (IUKD.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

VERG.L is traded in GBP, while IUKD.L is traded in GBp. To make them comparable, the IUKD.L values have been converted to GBP using the latest available exchange rates.

Returns By Period

In the year-to-date period, VERG.L achieves a 6.82% return, which is significantly lower than IUKD.L's 7.22% return.

VERG.L

• 1D: 0.95%
• 1M: 4.22%
• YTD: 6.82%
• 6M: 9.21%
• 1Y: 19.20%
• 3Y*: 13.87%
• 5Y*: 9.50%
• 10Y*: —

IUKD.L

• 1D: 0.49%
• 1M: 1.90%
• YTD: 7.22%
• 6M: 9.76%
• 1Y: 24.68%
• 3Y*: 18.89%
• 5Y*: 11.88%
• 10Y*: 7.03%

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

VERG.L vs. IUKD.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
VERG.L Vanguard FTSE Developed Europe ex UK UCITS ETF (EUR) Accumulating	6.82%	27.17%	1.89%	15.33%	-7.05%	16.27%	8.72%	1.12%
IUKD.L iShares UK Dividend UCITS ETF	7.22%	32.12%	12.27%	5.81%	-1.44%	23.43%	-17.92%	11.52%

Correlation

The correlation between VERG.L and IUKD.L is 0.59, 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	0.59
Correlation (3Y) Calculated over the trailing 3-year period	0.64
Correlation (5Y) Calculated over the trailing 5-year period	0.66
Correlation (All Time) Calculated using the full available price history since Jul 26, 2019	0.66

The correlation between VERG.L and IUKD.L has been stable across timeframes, ranging from 0.59 to 0.66 - a consistent structural relationship.

VERG.L vs. IUKD.L - Sectors Allocation Comparison

Sectors	VERG.L	IUKD.L
Financial Services	23.9%	41.6%
Industrials	21.4%	-
Healthcare	12.7%	2.5%
Technology	10.9%	-
Consumer Cyclical	7.3%	4.3%
Consumer Defensive	6.6%	15.0%
Utilities	4.9%	7.8%
Basic Materials	4.6%	4.8%
Energy	3.4%	10.0%
Communication Services	3.1%	6.1%
Real Estate	1.2%	7.8%

Return for Risk

VERG.L vs. IUKD.L — Risk / Return Rank

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

VERG.L

VERG.L Risk / Return Rank: 41
VERG.L Sharpe Ratio Rank: 42
VERG.L Sortino Ratio Rank: 42
VERG.L Omega Ratio Rank: 44
VERG.L Calmar Ratio Rank: 35
VERG.L Martin Ratio Rank: 39

IUKD.L

IUKD.L Risk / Return Rank: 61
IUKD.L Sharpe Ratio Rank: 67
IUKD.L Sortino Ratio Rank: 65
IUKD.L Omega Ratio Rank: 70
IUKD.L Calmar Ratio Rank: 51
IUKD.L 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.

VERG.L vs. IUKD.L - 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 (VERG.L) and iShares UK Dividend UCITS ETF (IUKD.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.

	VERG.L	IUKD.L	Difference
Sharpe ratio: Return per unit of total volatility	1.45	2.19	-0.74
Sortino ratio: Return per unit of downside risk	2.11	2.96	-0.86
Omega ratio: Gain probability vs. loss probability	1.28	1.41	-0.13
Calmar ratio: Return relative to maximum drawdown	1.70	2.48	-0.77
Martin ratio: Return relative to average drawdown	6.06	8.97	-2.91
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VERG.L vs. IUKD.L - Sharpe Ratio Comparison

The current VERG.L Sharpe Ratio is 1.45, which is lower than the IUKD.L Sharpe Ratio of 2.19. The chart below compares the historical Sharpe Ratios of VERG.L and IUKD.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.

Sharpe Ratios by Period

	VERG.L	IUKD.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.45	2.19	-0.74
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.64	0.86	-0.22
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.41	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.59	0.28	+0.31

Drawdowns

VERG.L vs. IUKD.L - Drawdown Comparison

The maximum VERG.L drawdown since its inception was -27.55%, smaller than the maximum IUKD.L drawdown of -61.95%. Use the drawdown chart below to compare losses from any high point for VERG.L and IUKD.L.

Drawdown Indicators

	VERG.L	IUKD.L	Difference
Max Drawdown Largest peak-to-trough decline	-27.55%	-61.95%	+34.40%
Max Drawdown (1Y) Largest decline over 1 year	-11.23%	-9.92%	-1.31%
Max Drawdown (3Y) Largest decline over 3 years	-13.10%	-10.52%	-2.58%
Max Drawdown (5Y) Largest decline over 5 years	-20.39%	-19.93%	-0.46%
Max Drawdown (10Y) Largest decline over 10 years	—	-44.34%	—
Current Drawdown Current decline from peak	-0.57%	-3.39%	+2.82%
Average Drawdown Average peak-to-trough decline	-4.49%	-14.97%	+10.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.16%	2.74%	+0.42%

Volatility

VERG.L vs. IUKD.L - Volatility Comparison

Vanguard FTSE Developed Europe ex UK UCITS ETF (EUR) Accumulating (VERG.L) has a higher volatility of 4.23% compared to iShares UK Dividend UCITS ETF (IUKD.L) at 3.72%. This indicates that VERG.L's price experiences larger fluctuations and is considered to be riskier than IUKD.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VERG.L	IUKD.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.23%	3.72%	+0.51%
Volatility (6M) Calculated over the trailing 6-month period	10.90%	9.33%	+1.57%
Volatility (1Y) Calculated over the trailing 1-year period	13.17%	11.21%	+1.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.84%	13.84%	+1.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.50%	17.22%	-0.72%

VERG.L vs. IUKD.L - Expense Ratio Comparison

VERG.L has a 0.10% expense ratio, which is lower than IUKD.L's 0.40% expense ratio.

Dividends

VERG.L vs. IUKD.L - Dividend Comparison

VERG.L has not paid dividends to shareholders, while IUKD.L's dividend yield for the trailing twelve months is around 4.53%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IUKD.L iShares UK Dividend UCITS ETF	4.53%	4.85%	5.78%	5.34%	6.39%	5.68%	4.11%	5.70%	6.86%	5.19%	4.87%	5.67%
VERG.L Vanguard FTSE Developed Europe ex UK 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%

Frequently Asked Questions

Can I hold both VERG.L and IUKD.L in my portfolio?

VERG.L and IUKD.L have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, VERG.L or IUKD.L?

On fees, VERG.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, VERG.L or IUKD.L?

VERG.L is cheaper with a 0.10% expense ratio, compared with 0.40% for IUKD.L.

What is the main difference between VERG.L and IUKD.L?

VERG.L is categorized as Europe Equities, while IUKD.L is Dividend. VERG.L tracks MSCI Europe Ex UK NR EUR, while IUKD.L tracks FTSE UK Dividend+ Index. They also come from different issuers: Vanguard and iShares. Their fees differ too: 0.10% for VERG.L and 0.40% for IUKD.L.