VEU vs. IDV

Last updated Jun 16, 2026

VEU (Vanguard FTSE All-World ex-US ETF) and IDV (iShares International Select Dividend ETF) are both exchange-traded funds - VEU is a Foreign Large Cap Equities fund tracking the FTSE All-World ex US Index, while IDV is a Global Equities fund tracking the Dow Jones EPAC Select Dividend. Both are passively managed. Over the past 10 years, VEU returned 10.40%/yr vs 10.65%/yr for IDV. Their correlation of 0.89 suggests significant overlap in exposure. VEU charges 0.04%/yr vs 0.49%/yr for IDV.

Performance

VEU vs. IDV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard FTSE All-World ex-US ETF (VEU) and iShares International Select Dividend ETF (IDV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VEU achieves a 15.75% return, which is significantly higher than IDV's 12.82% return. Both investments have delivered pretty close results over the past 10 years, with VEU having a 10.40% annualized return and IDV not far ahead at 10.65%.

VEU

• 1D: 1.47%
• 1M: 4.95%
• YTD: 15.75%
• 6M: 17.16%
• 1Y: 32.51%
• 3Y*: 18.83%
• 5Y*: 9.05%
• 10Y*: 10.40%

IDV

• 1D: -0.69%
• 1M: -0.26%
• YTD: 12.82%
• 6M: 14.44%
• 1Y: 35.47%
• 3Y*: 24.42%
• 5Y*: 12.20%
• 10Y*: 10.65%

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

VEU vs. IDV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VEU Vanguard FTSE All-World ex-US ETF	15.75%	32.35%	5.56%	15.84%	-15.58%	8.27%	11.10%	21.83%	-14.18%	27.40%
IDV iShares International Select Dividend ETF	12.82%	52.16%	4.00%	10.32%	-6.40%	12.00%	-5.94%	23.56%	-10.37%	19.74%

Correlation

The correlation between VEU and IDV is 0.80, 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	0.80
Correlation (3Y) Calculated over the trailing 3-year period	0.83
Correlation (5Y) Calculated over the trailing 5-year period	0.86
Correlation (10Y) Calculated over the trailing 10-year period	0.88
Correlation (All Time) Calculated using the full available price history since Jun 21, 2007	0.89

The correlation between VEU and IDV has been stable across timeframes, ranging from 0.80 to 0.89 - a consistent structural relationship.

VEU vs. IDV - Sectors Allocation Comparison

Sectors	VEU	IDV
Financial Services	23.3%	30.6%
Technology	18.5%	0.9%
Industrials	15.7%	6.9%
Consumer Cyclical	8.2%	9.9%
Basic Materials	7.1%	6.3%
Healthcare	7.1%	-
Energy	5.2%	14.8%
Consumer Defensive	5.1%	7.2%
Communication Services	4.6%	9.9%
Utilities	3.2%	11.5%
Real Estate	2.0%	2.3%

Return for Risk

VEU vs. IDV — Risk / Return Rank

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

VEU

VEU Risk / Return Rank: 67
VEU Sharpe Ratio Rank: 70
VEU Sortino Ratio Rank: 68
VEU Omega Ratio Rank: 70
VEU Calmar Ratio Rank: 63
VEU Martin Ratio Rank: 66

IDV

IDV Risk / Return Rank: 87
IDV Sharpe Ratio Rank: 90
IDV Sortino Ratio Rank: 88
IDV Omega Ratio Rank: 89
IDV Calmar Ratio Rank: 85
IDV Martin Ratio Rank: 84

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.

VEU vs. IDV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard FTSE All-World ex-US ETF (VEU) and iShares International Select Dividend ETF (IDV). 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	IDV	Difference
Sharpe ratio: Return per unit of total volatility	2.02	2.73	-0.71
Sortino ratio: Return per unit of downside risk	2.77	3.57	-0.80
Omega ratio: Gain probability vs. loss probability	1.37	1.50	-0.12
Calmar ratio: Return relative to maximum drawdown	2.86	4.18	-1.33
Martin ratio: Return relative to average drawdown	10.95	15.48	-4.53

VEU vs. IDV - Sharpe Ratio Comparison

The current VEU Sharpe Ratio is 2.02, which is comparable to the IDV Sharpe Ratio of 2.73. The chart below compares the historical Sharpe Ratios of VEU and IDV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

VEU vs. IDV - Drawdown Comparison

The maximum VEU drawdown since its inception was -61.52%, smaller than the maximum IDV drawdown of -70.14%. Use the drawdown chart below to compare losses from any high point for VEU and IDV.

Drawdown Indicators

	VEU	IDV	Difference
Max Drawdown Largest peak-to-trough decline	-61.52%	-70.14%	+8.62%
Max Drawdown (1Y) Largest decline over 1 year	-11.43%	-8.52%	-2.91%
Max Drawdown (3Y) Largest decline over 3 years	-13.69%	-11.86%	-1.83%
Max Drawdown (5Y) Largest decline over 5 years	-29.14%	-29.19%	+0.05%
Max Drawdown (10Y) Largest decline over 10 years	-34.98%	-42.50%	+7.52%
Current Drawdown Current decline from peak	0.00%	-2.37%	+2.37%
Average Drawdown Average peak-to-trough decline	-13.11%	-15.38%	+2.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.98%	2.30%	+0.68%

Volatility

VEU vs. IDV - Volatility Comparison

Vanguard FTSE All-World ex-US ETF (VEU) has a higher volatility of 6.91% compared to iShares International Select Dividend ETF (IDV) at 4.28%. This indicates that VEU's price experiences larger fluctuations and is considered to be riskier than IDV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VEU	IDV	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.91%	4.28%	+2.63%
Volatility (6M) Calculated over the trailing 6-month period	14.12%	10.90%	+3.22%
Volatility (1Y) Calculated over the trailing 1-year period	16.19%	13.07%	+3.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.25%	15.59%	+0.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.26%	17.93%	-0.67%

VEU vs. IDV - Expense Ratio Comparison

VEU has a 0.04% expense ratio, which is lower than IDV's 0.49% expense ratio.

Dividends

VEU vs. IDV - Dividend Comparison

VEU's dividend yield for the trailing twelve months is around 2.58%, less than IDV's 7.09% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IDV iShares International Select Dividend ETF	7.09%	4.94%	6.46%	6.51%	7.33%	5.78%	5.47%	5.15%	5.93%	4.52%	4.69%	5.08%
VEU Vanguard FTSE All-World ex-US ETF	2.58%	3.09%	3.24%	3.32%	3.12%	3.08%	2.00%	3.10%	3.27%	2.66%	2.96%	2.95%

Frequently Asked Questions

Can I hold both VEU and IDV in my portfolio?

VEU and IDV have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VEU or IDV?

VEU has higher volatility (6.91%) compared to IDV (4.28%). In terms of maximum drawdown, VEU dropped -61.52% vs IDV's -70.14%.

Which ETF is better, VEU or IDV?

On 10-year performance, IDV leads with 10.65% vs 10.40% for VEU. On fees, VEU is cheaper at 0.04% per year. On volatility, IDV has been the lower-risk option at 4.28%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, VEU or IDV?

Over the 10-year period, IDV has performed better with a 10.65% return vs 10.40%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, VEU or IDV?

VEU is cheaper with a 0.04% expense ratio, compared with 0.49% for IDV.

Which ETF pays a higher dividend yield, VEU or IDV?

IDV has the higher dividend yield at 7.09%, compared with 2.58% for VEU.

What is the main difference between VEU and IDV?

VEU is categorized as Foreign Large Cap Equities, while IDV is Global Equities. VEU tracks FTSE All-World ex US Index, while IDV tracks Dow Jones EPAC Select Dividend. They also come from different issuers: Vanguard and iShares. Their fees differ too: 0.04% for VEU and 0.49% for IDV.

Which has better risk-adjusted returns?

IDV currently has the higher Sharpe Ratio (2.73 vs 2.02), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.