PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
VERX.L vs. IMIB.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

VERX.L vs. IMIB.L

Last updated Jun 26, 2026

VERX.L (Vanguard FTSE Developed Europe ex UK UCITS ETF Distributing) and IMIB.L (iShares FTSE MIB UCITS ETF EUR (Dist)) are both Europe Equities funds - VERX.L tracks the MSCI Europe Ex UK NR EUR while IMIB.L tracks the FTSE Italia AllShare TR EUR. Both are passively managed. Over the past 10 years, VERX.L returned 11.39%/yr vs 17.41%/yr for IMIB.L. Their correlation of 0.85 suggests significant overlap in exposure. VERX.L charges 0.10%/yr vs 0.35%/yr for IMIB.L.

Performance

VERX.L vs. IMIB.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Vanguard FTSE Developed Europe ex UK UCITS ETF Distributing (VERX.L) and iShares FTSE MIB UCITS ETF EUR (Dist) (IMIB.L). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Different Trading Currencies

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

Returns By Period

In the year-to-date period, VERX.L achieves a 9.47% return, which is significantly lower than IMIB.L's 16.85% return. Over the past 10 years, VERX.L has underperformed IMIB.L with an annualized return of 11.39%, while IMIB.L has yielded a comparatively higher 17.41% annualized return.

VERX.L

1D
0.80%
1M
2.48%
YTD
9.47%
6M
9.91%
1Y
23.92%
3Y*
15.55%
5Y*
9.67%
10Y*
11.39%

IMIB.L

1D
0.06%
1M
3.20%
YTD
16.85%
6M
17.51%
1Y
38.30%
3Y*
29.66%
5Y*
20.48%
10Y*
17.41%
*Multi-year figures are annualized to reflect compound growth (CAGR)

VERX.L vs. IMIB.L - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
VERX.L
Vanguard FTSE Developed Europe ex UK UCITS ETF Distributing		9.47%26.33%2.69%15.21%-7.06%16.11%8.53%20.51%-9.70%16.56%
IMIB.L
iShares FTSE MIB UCITS ETF EUR (Dist)		16.85%43.78%13.17%30.55%-3.59%18.30%1.46%24.85%-12.68%20.95%

Correlation

The correlation between VERX.L and IMIB.L is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.82

Correlation (3Y)
Calculated over the trailing 3-year period

0.84

Correlation (5Y)
Calculated over the trailing 5-year period

0.84

Correlation (10Y)
Calculated over the trailing 10-year period

0.84

Correlation (All Time)
Calculated using the full available price history since Sep 30, 2014

0.85

The correlation between VERX.L and IMIB.L has been stable across timeframes, ranging from 0.82 to 0.85 - a consistent structural relationship.

VERX.L vs. IMIB.L - Sectors Allocation Comparison

Sectors
VERX.L
IMIB.L

Financial Services

23.7%
45.3%

Industrials

21.2%
11.4%

Healthcare

12.6%
1.2%

Technology

12.1%
5.5%

Consumer Cyclical

7.5%
9.9%

Consumer Defensive

6.4%
0.4%

Basic Materials

4.7%
0.5%

Utilities

4.5%
15.9%

Energy

3.1%
7.9%

Communication Services

3.1%
1.7%

Real Estate

1.1%
0.3%

Financial Services

VERX.L
23.7%
IMIB.L
45.3%

Industrials

VERX.L
21.2%
IMIB.L
11.4%

Healthcare

VERX.L
12.6%
IMIB.L
1.2%

Technology

VERX.L
12.1%
IMIB.L
5.5%

Consumer Cyclical

VERX.L
7.5%
IMIB.L
9.9%

Consumer Defensive

VERX.L
6.4%
IMIB.L
0.4%

Basic Materials

VERX.L
4.7%
IMIB.L
0.5%

Utilities

VERX.L
4.5%
IMIB.L
15.9%

Energy

VERX.L
3.1%
IMIB.L
7.9%

Communication Services

VERX.L
3.1%
IMIB.L
1.7%

Real Estate

VERX.L
1.1%
IMIB.L
0.3%

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 Europe ex UK UCITS ETF Distributing

iShares FTSE MIB UCITS ETF EUR (Dist)

Often compared with VERX.L:
VERX.L vs. IEUX.LVERX.L vs. CEUG.LVERX.L vs. XUEK.LVERX.L vs. VUAA.LVERX.L vs. IQQY.DEVERX.L vs. JPMVERX.L vs. VUAG.L
Often compared with IMIB.L:
IMIB.L vs. ESIF.LIMIB.L vs. SPMOIMIB.L vs. X7PP.LIMIB.L vs. VOOIMIB.L vs. BNKE.LIMIB.L vs. PSRE.LIMIB.L vs. EEIP.L

Return for Risk

VERX.L vs. IMIB.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
VERX.L
VERX.L Risk / Return Rank: 5858
Overall Rank
VERX.L Sharpe Ratio Rank: 6363
Sharpe Ratio Rank
VERX.L Sortino Ratio Rank: 6464
Sortino Ratio Rank
VERX.L Omega Ratio Rank: 6565
Omega Ratio Rank
VERX.L Calmar Ratio Rank: 4848
Calmar Ratio Rank
VERX.L Martin Ratio Rank: 5050
Martin Ratio Rank
IMIB.L
IMIB.L Risk / Return Rank: 8484
Overall Rank
IMIB.L Sharpe Ratio Rank: 8888
Sharpe Ratio Rank
IMIB.L Sortino Ratio Rank: 8787
Sortino Ratio Rank
IMIB.L Omega Ratio Rank: 8585
Omega Ratio Rank
IMIB.L Calmar Ratio Rank: 8080
Calmar Ratio Rank
IMIB.L Martin Ratio Rank: 7979
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.

VERX.L vs. IMIB.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard FTSE Developed Europe ex UK UCITS ETF Distributing (VERX.L) and iShares FTSE MIB UCITS ETF EUR (Dist) (IMIB.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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

VERX.LIMIB.LDifference
Sharpe ratioReturn per unit of total volatility
1.82
2.53

-0.71

Sortino ratioReturn per unit of downside risk
2.60
3.41

-0.81

Omega ratioGain probability vs. loss probability

1.34

1.44

-0.10

Calmar ratioReturn relative to maximum drawdown

2.12

3.71

-1.59

Martin ratioReturn relative to average drawdown

7.61

13.54

-5.93

VERX.L vs. IMIB.L - Sharpe Ratio Comparison

The current VERX.L Sharpe Ratio is 1.82, which is comparable to the IMIB.L Sharpe Ratio of 2.53. The chart below compares the historical Sharpe Ratios of VERX.L and IMIB.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.

Loading charts...

Drawdowns

VERX.L vs. IMIB.L - Drawdown Comparison

The maximum VERX.L drawdown since its inception was -27.65%, smaller than the maximum IMIB.L drawdown of -70.29%. Use the drawdown chart below to compare losses from any high point for VERX.L and IMIB.L.

Loading charts...

Drawdown Indicators

VERX.LIMIB.LDifference

Max Drawdown

Largest peak-to-trough decline

-27.65%

-70.29%

+42.64%

Max Drawdown (1Y)

Largest decline over 1 year

-11.24%

-10.28%

-0.96%

Max Drawdown (3Y)

Largest decline over 3 years

-13.25%

-15.58%

+2.33%

Max Drawdown (5Y)

Largest decline over 5 years

-20.31%

-24.06%

+3.75%

Max Drawdown (10Y)

Largest decline over 10 years

-27.65%

-36.68%

+9.03%

Current Drawdown

Current decline from peak

-0.37%

-2.80%

+2.43%

Average Drawdown

Average peak-to-trough decline

-4.56%

-32.96%

+28.40%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.13%

2.82%

+0.31%

Volatility

VERX.L vs. IMIB.L - Volatility Comparison

The current volatility for Vanguard FTSE Developed Europe ex UK UCITS ETF Distributing (VERX.L) is 3.27%, while iShares FTSE MIB UCITS ETF EUR (Dist) (IMIB.L) has a volatility of 4.03%. This indicates that VERX.L experiences smaller price fluctuations and is considered to be less risky than IMIB.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

VERX.LIMIB.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.27%

4.03%

-0.76%

Volatility (6M)

Calculated over the trailing 6-month period

11.04%

12.33%

-1.29%

Volatility (1Y)

Calculated over the trailing 1-year period

13.13%

15.06%

-1.93%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.80%

17.94%

-3.14%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.55%

19.35%

-3.80%

VERX.L vs. IMIB.L - Expense Ratio Comparison

VERX.L has a 0.10% expense ratio, which is lower than IMIB.L's 0.35% expense ratio.

Dividends

VERX.L vs. IMIB.L - Dividend Comparison

VERX.L's dividend yield for the trailing twelve months is around 2.49%, less than IMIB.L's 3.75% yield.

PositionTTM20252024202320222021202020192018201720162015
IMIB.L
iShares FTSE MIB UCITS ETF EUR (Dist)		3.75%3.83%4.53%3.77%3.90%3.15%1.44%3.41%3.25%2.29%2.82%2.15%
VERX.L
Vanguard FTSE Developed Europe ex UK UCITS ETF Distributing		2.49%2.62%2.94%2.72%2.92%2.33%1.97%2.95%3.14%2.68%2.64%2.56%

Frequently Asked Questions

VERX.L and IMIB.L have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, VERX.L is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.

VERX.L is cheaper with a 0.10% expense ratio, compared with 0.35% for IMIB.L.

VERX.L tracks MSCI Europe Ex UK NR EUR, while IMIB.L tracks FTSE Italia AllShare TR EUR. They also come from different issuers: Vanguard and iShares. Their fees differ too: 0.10% for VERX.L and 0.35% for IMIB.L.

Portfolio Optimizer

Find the right allocation for VERX.L and IMIB.L

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer