VEU.AX vs. CORE.AX
VEU.AX (Vanguard All-World ex-US Shares Index ETF) and CORE.AX (Schroder Global Core Fund - Active ETF) are both Global Equities funds. VEU.AX is passively managed, while CORE.AX is actively managed. Over the past year, VEU.AX returned 18.44% vs 15.14% for CORE.AX. At a 0.46 correlation, their price movements are largely independent.
Performance
VEU.AX vs. CORE.AX - Performance Comparison
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Returns By Period
In the year-to-date period, VEU.AX achieves a 8.18% return, which is significantly higher than CORE.AX's 4.95% return.
VEU.AX
- 1D
- -0.73%
- 1M
- -1.21%
- 6M
- 4.42%
- YTD
- 8.18%
- 1Y
- 18.44%
- 3Y*
- 17.07%
- 5Y*
- 10.68%
- 10Y*
- 10.36%
CORE.AX
- 1D
- -0.25%
- 1M
- 0.93%
- 6M
- 4.67%
- YTD
- 4.95%
- 1Y
- 15.14%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
VEU.AX vs. CORE.AX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
VEU.AX Vanguard All-World ex-US Shares Index ETF | 8.18% | 11.58% |
CORE.AX Schroder Global Core Fund - Active ETF | 4.95% | 12.78% |
Correlation
The correlation between VEU.AX and CORE.AX is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.47 |
Correlation (All Time) Calculated using the full available price history since Jun 4, 2025 | 0.46 |
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Return for Risk
VEU.AX vs. CORE.AX — Risk / Return Rank
VEU.AX
CORE.AX
VEU.AX vs. CORE.AX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard All-World ex-US Shares Index ETF (VEU.AX) and Schroder Global Core Fund - Active ETF (CORE.AX). 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.
| VEU.AX | CORE.AX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.08 | ||
| Sortino ratioReturn per unit of downside risk | +0.08 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.28 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 1.83 | 1.68 | +0.15 |
| Martin ratioReturn relative to average drawdown | 7.08 | 4.54 | +2.54 |
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Drawdowns
VEU.AX vs. CORE.AX - Drawdown Comparison
The maximum VEU.AX drawdown since its inception was -23.05%, which is greater than CORE.AX's maximum drawdown of -10.20%. Use the drawdown chart below to compare losses from any high point for VEU.AX and CORE.AX.
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Drawdown Indicators
| VEU.AX | CORE.AX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.05% | -10.20% | -12.85% |
Max Drawdown (1Y)Largest decline over 1 year | -9.87% | -10.20% | +0.33% |
Max Drawdown (3Y)Largest decline over 3 years | -9.87% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -18.46% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -23.05% | — | — |
Current DrawdownCurrent decline from peak | -2.39% | -1.34% | -1.05% |
Average DrawdownAverage peak-to-trough decline | -5.33% | -2.60% | -2.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.60% | — | — |
Volatility
VEU.AX vs. CORE.AX - Volatility Comparison
Vanguard All-World ex-US Shares Index ETF (VEU.AX) has a higher volatility of 3.99% compared to Schroder Global Core Fund - Active ETF (CORE.AX) at 2.12%. This indicates that VEU.AX's price experiences larger fluctuations and is considered to be riskier than CORE.AX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VEU.AX | CORE.AX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.99% | 2.12% | +1.87% |
Volatility (6M)Calculated over the trailing 6-month period | 11.17% | 7.39% | +3.78% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.40% | 12.44% | -0.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.20% | 12.50% | -1.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.70% | 12.50% | -0.80% |
Dividends
VEU.AX vs. CORE.AX - Dividend Comparison
VEU.AX's dividend yield for the trailing twelve months is around 2.65%, more than CORE.AX's 0.68% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CORE.AX Schroder Global Core Fund - Active ETF | 0.68% | 0.55% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VEU.AX Vanguard All-World ex-US Shares Index ETF | 2.65% | 3.11% | 3.69% | 4.26% | 3.33% | 3.09% | 2.32% | 3.17% | 1.63% | 0.87% | 1.05% | 1.21% |
Frequently Asked Questions
VEU.AX and CORE.AX have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
They also come from different issuers: Vanguard and Schroder.
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