VERX.L vs. XEUM.L

Last updated Jun 5, 2026

VERX.L (Vanguard FTSE Developed Europe ex UK UCITS ETF Distributing) and XEUM.L (Xtrackers MSCI Europe ESG Screened UCITS ETF 1C) are both Europe Equities funds - VERX.L tracks the MSCI Europe Ex UK NR EUR while XEUM.L tracks the MSCI Europe NR EUR. Both are passively managed. Over the past 10 years, VERX.L returned 10.76%/yr vs 10.25%/yr for XEUM.L. Their correlation of 0.94 suggests significant overlap in exposure. VERX.L charges 0.10%/yr vs 0.12%/yr for XEUM.L.

Performance

VERX.L vs. XEUM.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 Xtrackers MSCI Europe ESG Screened UCITS ETF 1C (XEUM.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

VERX.L is traded in GBP, while XEUM.L is traded in GBp. To make them comparable, the XEUM.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 6.84% return, which is significantly higher than XEUM.L's 6.34% return. Both investments have delivered pretty close results over the past 10 years, with VERX.L having a 10.76% annualized return and XEUM.L not far behind at 10.25%.

VERX.L

• 1D: 0.91%
• 1M: 4.05%
• YTD: 6.84%
• 6M: 9.25%
• 1Y: 19.19%
• 3Y*: 13.86%
• 5Y*: 9.51%
• 10Y*: 10.76%

XEUM.L

• 1D: 0.52%
• 1M: 3.81%
• YTD: 6.34%
• 6M: 8.47%
• 1Y: 18.05%
• 3Y*: 12.48%
• 5Y*: 8.79%
• 10Y*: 10.25%

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

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

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VERX.L Vanguard FTSE Developed Europe ex UK UCITS ETF Distributing	6.84%	26.34%	2.68%	15.20%	-7.06%	16.14%	8.53%	20.48%	-9.68%	16.53%
XEUM.L Xtrackers MSCI Europe ESG Screened UCITS ETF 1C	6.34%	22.70%	2.86%	14.00%	-5.29%	14.84%	9.94%	23.14%	-12.46%	19.05%

Correlation

The correlation between VERX.L and XEUM.L is 0.96 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.96
Correlation (3Y) Calculated over the trailing 3-year period	0.96
Correlation (5Y) Calculated over the trailing 5-year period	0.96
Correlation (10Y) Calculated over the trailing 10-year period	0.94
Correlation (All Time) Calculated using the full available price history since Oct 2, 2014	0.94

The correlation between VERX.L and XEUM.L has been stable across timeframes, ranging from 0.94 to 0.96 - a consistent structural relationship.

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

Sectors	VERX.L	XEUM.L
Financial Services	23.9%	24.4%
Industrials	21.4%	19.5%
Healthcare	12.7%	14.1%
Technology	10.9%	9.7%
Consumer Cyclical	7.3%	5.8%
Consumer Defensive	6.6%	7.2%
Utilities	4.9%	5.4%
Basic Materials	4.6%	5.0%
Energy	3.4%	4.2%
Communication Services	3.1%	3.9%
Real Estate	1.2%	0.9%

Return for Risk

VERX.L vs. XEUM.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: 40
VERX.L Sharpe Ratio Rank: 42
VERX.L Sortino Ratio Rank: 42
VERX.L Omega Ratio Rank: 44
VERX.L Calmar Ratio Rank: 35
VERX.L Martin Ratio Rank: 39

XEUM.L

XEUM.L Risk / Return Rank: 40
XEUM.L Sharpe Ratio Rank: 42
XEUM.L Sortino Ratio Rank: 42
XEUM.L Omega Ratio Rank: 43
XEUM.L Calmar Ratio Rank: 35
XEUM.L Martin Ratio Rank: 38

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. XEUM.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 Xtrackers MSCI Europe ESG Screened UCITS ETF 1C (XEUM.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.

	VERX.L	XEUM.L	Difference
Sharpe ratio: Return per unit of total volatility	1.46	1.45	+0.01
Sortino ratio: Return per unit of downside risk	2.11	2.08	+0.03
Omega ratio: Gain probability vs. loss probability	1.28	1.27	0.00
Calmar ratio: Return relative to maximum drawdown	1.70	1.68	+0.02
Martin ratio: Return relative to average drawdown	6.07	5.91	+0.17
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

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

The current VERX.L Sharpe Ratio is 1.46, which is comparable to the XEUM.L Sharpe Ratio of 1.45. The chart below compares the historical Sharpe Ratios of VERX.L and XEUM.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

	VERX.L	XEUM.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.46	1.45	+0.01
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.64	0.63	+0.01
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.69	0.68	+0.01
Sharpe Ratio (All Time) Calculated using the full available price history	0.62	0.67	-0.05

Drawdowns

VERX.L vs. XEUM.L - Drawdown Comparison

The maximum VERX.L drawdown since its inception was -27.64%, smaller than the maximum XEUM.L drawdown of -30.91%. Use the drawdown chart below to compare losses from any high point for VERX.L and XEUM.L.

Drawdown Indicators

	VERX.L	XEUM.L	Difference
Max Drawdown Largest peak-to-trough decline	-27.64%	-30.91%	+3.27%
Max Drawdown (1Y) Largest decline over 1 year	-11.26%	-10.70%	-0.56%
Max Drawdown (3Y) Largest decline over 3 years	-13.27%	-12.84%	-0.43%
Max Drawdown (5Y) Largest decline over 5 years	-20.31%	-17.79%	-2.52%
Max Drawdown (10Y) Largest decline over 10 years	-27.64%	-30.91%	+3.27%
Current Drawdown Current decline from peak	-0.55%	-1.32%	+0.77%
Average Drawdown Average peak-to-trough decline	-4.58%	-4.17%	-0.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.15%	3.05%	+0.10%

Volatility

VERX.L vs. XEUM.L - Volatility Comparison

Vanguard FTSE Developed Europe ex UK UCITS ETF Distributing (VERX.L) and Xtrackers MSCI Europe ESG Screened UCITS ETF 1C (XEUM.L) have volatilities of 4.13% and 4.01%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VERX.L	XEUM.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.13%	4.01%	+0.12%
Volatility (6M) Calculated over the trailing 6-month period	10.83%	10.28%	+0.55%
Volatility (1Y) Calculated over the trailing 1-year period	13.09%	12.38%	+0.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.79%	13.89%	+0.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.57%	14.99%	+0.58%

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

VERX.L has a 0.10% expense ratio, which is lower than XEUM.L's 0.12% 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%.

Dividends

VERX.L vs. XEUM.L - Dividend Comparison

VERX.L's dividend yield for the trailing twelve months is around 2.46%, while XEUM.L has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
VERX.L Vanguard FTSE Developed Europe ex UK UCITS ETF Distributing	2.46%	2.62%	2.94%	2.72%	2.92%	2.33%	1.97%	2.95%	3.14%	2.68%	2.64%	2.56%
XEUM.L Xtrackers MSCI Europe ESG Screened UCITS ETF 1C	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 VERX.L and XEUM.L in my portfolio?

With a correlation of 0.96, VERX.L and XEUM.L move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, VERX.L or XEUM.L?

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.

Which ETF is cheaper, VERX.L or XEUM.L?

VERX.L is cheaper with a 0.10% expense ratio, compared with 0.12% for XEUM.L.

What is the main difference between VERX.L and XEUM.L?

VERX.L tracks MSCI Europe Ex UK NR EUR, while XEUM.L tracks MSCI Europe NR EUR. They also come from different issuers: Vanguard and DWS. Their fees differ too: 0.10% for VERX.L and 0.12% for XEUM.L.