VEUA.L vs. ESIT.DE
VEUA.L (Vanguard FTSE Developed Europe UCITS ETF (EUR) Accumulating) and ESIT.DE (iShares MSCI Europe Information Technology Sector UCITS ETF EUR (Acc)) are both exchange-traded funds - VEUA.L is a Europe Equities fund tracking the MSCI Europe NR EUR, while ESIT.DE is a Technology Equities fund tracking the MSCI World/Information Tech NR USD. Both are passively managed. Over the past 5 years, VEUA.L returned 10.11%/yr vs 15.20%/yr for ESIT.DE. A 0.70 correlation means they provide meaningful diversification when combined. VEUA.L charges 0.10%/yr vs 0.18%/yr for ESIT.DE.
Performance
VEUA.L vs. ESIT.DE - Performance Comparison
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Different Trading Currencies
VEUA.L is traded in GBP, while ESIT.DE is traded in EUR. To make them comparable, the ESIT.DE values have been converted to GBP using the latest available exchange rates.
Returns By Period
In the year-to-date period, VEUA.L achieves a 6.65% return, which is significantly lower than ESIT.DE's 50.87% return.
VEUA.L
- 1D
- 0.78%
- 1M
- 3.51%
- YTD
- 6.65%
- 6M
- 9.00%
- 1Y
- 19.55%
- 3Y*
- 14.21%
- 5Y*
- 10.11%
- 10Y*
- —
ESIT.DE
- 1D
- 0.29%
- 1M
- 18.05%
- YTD
- 50.87%
- 6M
- 47.53%
- 1Y
- 65.22%
- 3Y*
- 24.91%
- 5Y*
- 15.20%
- 10Y*
- —
VEUA.L vs. ESIT.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
VEUA.L Vanguard FTSE Developed Europe UCITS ETF (EUR) Accumulating | 6.65% | 26.07% | 4.49% | 13.45% | -4.21% | 16.83% | 3.46% |
ESIT.DE iShares MSCI Europe Information Technology Sector UCITS ETF EUR (Acc) | 50.87% | 15.80% | 2.66% | 32.40% | -25.17% | 27.38% | 9.16% |
Correlation
The correlation between VEUA.L and ESIT.DE is 0.58, 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 | 0.58 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.64 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.69 |
Correlation (All Time) Calculated using the full available price history since Nov 23, 2020 | 0.70 |
The correlation between VEUA.L and ESIT.DE shifts across timeframes, from 0.58 (1 year) to 0.70 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
VEUA.L vs. ESIT.DE — Risk / Return Rank
VEUA.L
ESIT.DE
VEUA.L vs. ESIT.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard FTSE Developed Europe UCITS ETF (EUR) Accumulating (VEUA.L) and iShares MSCI Europe Information Technology Sector UCITS ETF EUR (Acc) (ESIT.DE). 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.
| VEUA.L | ESIT.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.00 | ||
| Sortino ratioReturn per unit of downside risk | -1.20 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.42 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 1.84 | 5.43 | -3.60 |
| Martin ratioReturn relative to average drawdown | 6.57 | 14.01 | -7.44 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| VEUA.L | ESIT.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.60 | 2.60 | -1.00 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.74 | 0.59 | +0.15 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.61 | 0.70 | -0.09 |
Drawdowns
VEUA.L vs. ESIT.DE - Drawdown Comparison
The maximum VEUA.L drawdown since its inception was -28.45%, smaller than the maximum ESIT.DE drawdown of -37.67%. Use the drawdown chart below to compare losses from any high point for VEUA.L and ESIT.DE.
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Drawdown Indicators
| VEUA.L | ESIT.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.45% | -37.67% | +9.22% |
Max Drawdown (1Y)Largest decline over 1 year | -10.59% | -12.13% | +1.54% |
Max Drawdown (3Y)Largest decline over 3 years | -12.65% | -26.26% | +13.61% |
Max Drawdown (5Y)Largest decline over 5 years | -16.36% | -37.67% | +21.31% |
Current DrawdownCurrent decline from peak | -1.34% | -0.19% | -1.15% |
Average DrawdownAverage peak-to-trough decline | -4.11% | -11.64% | +7.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.97% | 4.71% | -1.74% |
Volatility
VEUA.L vs. ESIT.DE - Volatility Comparison
The current volatility for Vanguard FTSE Developed Europe UCITS ETF (EUR) Accumulating (VEUA.L) is 4.10%, while iShares MSCI Europe Information Technology Sector UCITS ETF EUR (Acc) (ESIT.DE) has a volatility of 10.45%. This indicates that VEUA.L experiences smaller price fluctuations and is considered to be less risky than ESIT.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VEUA.L | ESIT.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.10% | 10.45% | -6.35% |
Volatility (6M)Calculated over the trailing 6-month period | 10.24% | 20.69% | -10.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.15% | 25.35% | -13.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.70% | 25.46% | -11.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.83% | 25.10% | -9.27% |
VEUA.L vs. ESIT.DE - Expense Ratio Comparison
VEUA.L has a 0.10% expense ratio, which is lower than ESIT.DE's 0.18% 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
VEUA.L vs. ESIT.DE - Dividend Comparison
Neither VEUA.L nor ESIT.DE has paid dividends to shareholders.
Frequently Asked Questions
VEUA.L and ESIT.DE have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VEUA.L is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VEUA.L is cheaper with a 0.10% expense ratio, compared with 0.18% for ESIT.DE.
VEUA.L is categorized as Europe Equities, while ESIT.DE is Technology Equities. VEUA.L tracks MSCI Europe NR EUR, while ESIT.DE tracks MSCI World/Information Tech NR USD. They also come from different issuers: Vanguard and iShares. Their fees differ too: 0.10% for VEUA.L and 0.18% for ESIT.DE.
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