VEU vs. SDZNY
VEU (Vanguard FTSE All-World ex-US ETF) is Foreign Large Cap Equities fund tracking the FTSE All-World ex US Index, while SDZNY (Sandoz Group AG) is a stock. Over the past year, VEU returned 30.59% vs 62.22% for SDZNY. At a 0.31 correlation, their price movements are largely independent.
Performance
VEU vs. SDZNY - Performance Comparison
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Returns By Period
In the year-to-date period, VEU achieves a 14.08% return, which is significantly lower than SDZNY's 17.28% return.
VEU
- 1D
- 0.40%
- 1M
- 3.43%
- YTD
- 14.08%
- 6M
- 15.91%
- 1Y
- 30.59%
- 3Y*
- 18.67%
- 5Y*
- 8.56%
- 10Y*
- 10.41%
SDZNY
- 1D
- 0.12%
- 1M
- 1.44%
- YTD
- 17.28%
- 6M
- 17.96%
- 1Y
- 62.22%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
VEU vs. SDZNY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
VEU Vanguard FTSE All-World ex-US ETF | 14.08% | 32.35% | 5.56% | 12.64% |
SDZNY Sandoz Group AG | 17.28% | 83.00% | 28.40% | 19.80% |
Correlation
The correlation between VEU and SDZNY is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.44 |
Correlation (All Time) Calculated using the full available price history since Oct 4, 2023 | 0.31 |
The correlation between VEU and SDZNY shifts across timeframes, from 0.31 (all time) to 0.44 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
VEU vs. SDZNY — Risk / Return Rank
VEU
SDZNY
VEU vs. SDZNY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard FTSE All-World ex-US ETF (VEU) and Sandoz Group AG (SDZNY). 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 | SDZNY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.12 | ||
| Sortino ratioReturn per unit of downside risk | -0.31 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.34 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.53 | 3.16 | -0.62 |
| Martin ratioReturn relative to average drawdown | 9.70 | 8.41 | +1.30 |
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Drawdowns
VEU vs. SDZNY - Drawdown Comparison
The maximum VEU drawdown since its inception was -61.52%, which is greater than SDZNY's maximum drawdown of -25.34%. Use the drawdown chart below to compare losses from any high point for VEU and SDZNY.
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Drawdown Indicators
| VEU | SDZNY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.52% | -25.34% | -36.18% |
Max Drawdown (1Y)Largest decline over 1 year | -11.43% | -19.09% | +7.66% |
Max Drawdown (3Y)Largest decline over 3 years | -13.69% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -29.14% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -34.98% | — | — |
Current DrawdownCurrent decline from peak | -1.42% | -8.57% | +7.15% |
Average DrawdownAverage peak-to-trough decline | -13.12% | -5.80% | -7.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.99% | 7.16% | -4.17% |
Volatility
VEU vs. SDZNY - Volatility Comparison
The current volatility for Vanguard FTSE All-World ex-US ETF (VEU) is 6.77%, while Sandoz Group AG (SDZNY) has a volatility of 7.35%. This indicates that VEU experiences smaller price fluctuations and is considered to be less risky than SDZNY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VEU | SDZNY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.77% | 7.35% | -0.58% |
Volatility (6M)Calculated over the trailing 6-month period | 14.06% | 23.43% | -9.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.18% | 31.56% | -15.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.23% | 30.66% | -14.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.25% | 30.66% | -13.41% |
Dividends
VEU vs. SDZNY - Dividend Comparison
VEU's dividend yield for the trailing twelve months is around 2.62%, more than SDZNY's 1.22% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SDZNY Sandoz Group AG | 1.22% | 1.00% | 1.22% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VEU Vanguard FTSE All-World ex-US ETF | 2.62% | 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
VEU and SDZNY have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SDZNY has higher volatility (7.35%) compared to VEU (6.77%). In terms of maximum drawdown, VEU dropped -61.52% vs SDZNY's -25.34%.
SDZNY currently has the higher Sharpe Ratio (1.91 vs 1.79), 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.
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