VEUPX vs. SCHD
VEUPX (Vanguard European Stock Index Fund Institutional Plus Shares) and SCHD (Schwab U.S. Dividend Equity ETF) are both funds - VEUPX is a Europe Equities fund managed by Vanguard, while SCHD is a Dividend fund tracking the Dow Jones U.S. Dividend 100 Index. Over the past 10 years, VEUPX returned 9.41%/yr vs 12.77%/yr for SCHD. A 0.69 correlation means they provide meaningful diversification when combined. VEUPX charges 0.07%/yr vs 0.06%/yr for SCHD.
Performance
VEUPX vs. SCHD - Performance Comparison
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Returns By Period
In the year-to-date period, VEUPX achieves a 7.09% return, which is significantly lower than SCHD's 19.01% return. Over the past 10 years, VEUPX has underperformed SCHD with an annualized return of 9.41%, while SCHD has yielded a comparatively higher 12.77% annualized return.
VEUPX
- 1D
- 0.41%
- 1M
- 3.96%
- YTD
- 7.09%
- 6M
- 10.14%
- 1Y
- 19.65%
- 3Y*
- 16.90%
- 5Y*
- 8.72%
- 10Y*
- 9.41%
SCHD
- 1D
- 0.00%
- 1M
- 2.70%
- YTD
- 19.01%
- 6M
- 18.63%
- 1Y
- 27.16%
- 3Y*
- 15.09%
- 5Y*
- 8.36%
- 10Y*
- 12.77%
VEUPX vs. SCHD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VEUPX Vanguard European Stock Index Fund Institutional Plus Shares | 7.09% | 35.46% | 2.04% | 20.01% | -16.03% | 16.31% | 6.46% | 24.25% | -14.77% | 27.12% |
SCHD Schwab U.S. Dividend Equity ETF | 19.01% | 4.34% | 11.66% | 4.54% | -3.26% | 29.87% | 15.03% | 27.29% | -5.56% | 20.85% |
Correlation
The correlation between VEUPX and SCHD is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.48 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.54 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.64 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.65 |
Correlation (All Time) Calculated using the full available price history since Oct 21, 2011 | 0.69 |
Over the past year, the correlation between VEUPX and SCHD has dropped to 0.48 - well below their long-term average of 0.69, suggesting their price drivers have been diverging.
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Return for Risk
VEUPX vs. SCHD — Risk / Return Rank
VEUPX
SCHD
VEUPX vs. SCHD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard European Stock Index Fund Institutional Plus Shares (VEUPX) and Schwab U.S. Dividend Equity ETF (SCHD). 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.
| VEUPX | SCHD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.26 | ||
| Sortino ratioReturn per unit of downside risk | -2.06 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.45 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | 1.57 | 5.91 | -4.34 |
| Martin ratioReturn relative to average drawdown | 5.81 | 14.53 | -8.72 |
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
| VEUPX | SCHD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.24 | 2.49 | -1.26 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.50 | 0.58 | -0.08 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.52 | 0.77 | -0.25 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.40 | 0.86 | -0.46 |
Drawdowns
VEUPX vs. SCHD - Drawdown Comparison
The maximum VEUPX drawdown since its inception was -36.83%, which is greater than SCHD's maximum drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for VEUPX and SCHD.
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Drawdown Indicators
| VEUPX | SCHD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.83% | -33.37% | -3.46% |
Max Drawdown (1Y)Largest decline over 1 year | -11.96% | -4.61% | -7.35% |
Max Drawdown (3Y)Largest decline over 3 years | -13.96% | -16.13% | +2.17% |
Max Drawdown (5Y)Largest decline over 5 years | -32.69% | -16.85% | -15.84% |
Max Drawdown (10Y)Largest decline over 10 years | -36.83% | -33.37% | -3.46% |
Current DrawdownCurrent decline from peak | -1.14% | -1.40% | +0.26% |
Average DrawdownAverage peak-to-trough decline | -8.38% | -3.32% | -5.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.23% | 1.88% | +1.35% |
Volatility
VEUPX vs. SCHD - Volatility Comparison
Vanguard European Stock Index Fund Institutional Plus Shares (VEUPX) has a higher volatility of 5.48% compared to Schwab U.S. Dividend Equity ETF (SCHD) at 2.66%. This indicates that VEUPX's price experiences larger fluctuations and is considered to be riskier than SCHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VEUPX | SCHD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.48% | 2.66% | +2.82% |
Volatility (6M)Calculated over the trailing 6-month period | 12.53% | 7.66% | +4.87% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.21% | 10.96% | +4.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.38% | 14.38% | +3.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.24% | 16.72% | +1.52% |
VEUPX vs. SCHD - Expense Ratio Comparison
VEUPX has a 0.07% expense ratio, which is higher than SCHD's 0.06% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
VEUPX vs. SCHD - Dividend Comparison
VEUPX's dividend yield for the trailing twelve months is around 2.79%, less than SCHD's 3.26% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SCHD Schwab U.S. Dividend Equity ETF | 3.26% | 3.82% | 3.64% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% |
VEUPX Vanguard European Stock Index Fund Institutional Plus Shares | 2.79% | 2.87% | 3.61% | 3.15% | 3.26% | 3.05% | 2.11% | 3.29% | 3.96% | 2.73% | 3.54% | 3.29% |
Frequently Asked Questions
VEUPX and SCHD have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VEUPX has higher volatility (5.48%) compared to SCHD (2.66%). In terms of maximum drawdown, VEUPX dropped -36.83% vs SCHD's -33.37%.
SCHD currently has the higher Sharpe Ratio (2.49 vs 1.24), 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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