VEUA.L vs. MEUD.L
Compare and contrast key facts about Vanguard FTSE Developed Europe UCITS ETF (EUR) Accumulating (VEUA.L) and Lyxor Core STOXX Europe 600 (DR) - UCITS ETF Acc (MEUD.L).
VEUA.L and MEUD.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VEUA.L is a passively managed fund by Vanguard that tracks the performance of the MSCI Europe NR EUR. It was launched on Jul 23, 2019. MEUD.L is a passively managed fund by Amundi that tracks the performance of the MSCI Europe NR EUR. It was launched on Apr 3, 2013. Both VEUA.L and MEUD.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VEUA.L or MEUD.L.
Performance
VEUA.L vs. MEUD.L - Performance Comparison
Returns By Period
In the year-to-date period, VEUA.L achieves a 4.05% return, which is significantly higher than MEUD.L's 3.41% return.
VEUA.L
4.05%
-3.10%
-5.04%
9.83%
6.80%
N/A
MEUD.L
3.41%
-3.67%
-5.02%
8.14%
6.68%
7.48%
Key characteristics
VEUA.L | MEUD.L | |
---|---|---|
Sharpe Ratio | 0.86 | 0.79 |
Sortino Ratio | 1.26 | 1.17 |
Omega Ratio | 1.15 | 1.14 |
Calmar Ratio | 1.32 | 1.26 |
Martin Ratio | 3.63 | 3.36 |
Ulcer Index | 2.36% | 2.40% |
Daily Std Dev | 10.02% | 10.20% |
Max Drawdown | -28.45% | -28.57% |
Current Drawdown | -5.50% | -5.56% |
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VEUA.L vs. MEUD.L - Expense Ratio Comparison
VEUA.L has a 0.10% expense ratio, which is lower than MEUD.L's 0.15% 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%.
Correlation
The correlation between VEUA.L and MEUD.L is 0.99, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
VEUA.L vs. MEUD.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard FTSE Developed Europe UCITS ETF (EUR) Accumulating (VEUA.L) and Lyxor Core STOXX Europe 600 (DR) - UCITS ETF Acc (MEUD.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.
Dividends
VEUA.L vs. MEUD.L - Dividend Comparison
Neither VEUA.L nor MEUD.L has paid dividends to shareholders.
Drawdowns
VEUA.L vs. MEUD.L - Drawdown Comparison
The maximum VEUA.L drawdown since its inception was -28.45%, roughly equal to the maximum MEUD.L drawdown of -28.57%. Use the drawdown chart below to compare losses from any high point for VEUA.L and MEUD.L. For additional features, visit the drawdowns tool.
Volatility
VEUA.L vs. MEUD.L - Volatility Comparison
The current volatility for Vanguard FTSE Developed Europe UCITS ETF (EUR) Accumulating (VEUA.L) is 4.53%, while Lyxor Core STOXX Europe 600 (DR) - UCITS ETF Acc (MEUD.L) has a volatility of 4.77%. This indicates that VEUA.L experiences smaller price fluctuations and is considered to be less risky than MEUD.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.