VEUR.AS vs. VERG.L

Last updated Apr 2, 2026

Compare and contrast key facts about Vanguard FTSE Developed Europe UCITS ETF (VEUR.AS) and Vanguard FTSE Developed Europe ex UK UCITS ETF (EUR) Accumulating (VERG.L).

VEUR.AS and VERG.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VEUR.AS is a passively managed fund by Vanguard that tracks the performance of the MSCI Europe NR EUR. It was launched on May 21, 2013. VERG.L is a passively managed fund by Vanguard that tracks the performance of the MSCI Europe Ex UK NR EUR. It was launched on Jul 23, 2019. Both VEUR.AS and VERG.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.

Performance

VEUR.AS vs. VERG.L - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Vanguard FTSE Developed Europe UCITS ETF (VEUR.AS) and Vanguard FTSE Developed Europe ex UK UCITS ETF (EUR) Accumulating (VERG.L). The values are adjusted to include any dividend payments, if applicable.

VEUR.AS vs. VERG.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
VEUR.AS Vanguard FTSE Developed Europe UCITS ETF	1.21%	19.69%	10.27%	16.15%	-10.11%	25.55%	-2.72%	7.17%
VERG.L Vanguard FTSE Developed Europe ex UK UCITS ETF (EUR) Accumulating	0.66%	20.54%	6.81%	17.77%	-11.84%	23.84%	2.81%	7.02%

Different Trading Currencies

VEUR.AS is traded in EUR, while VERG.L is traded in GBP. To make them comparable, the VERG.L values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, VEUR.AS achieves a 1.21% return, which is significantly higher than VERG.L's 0.66% return.

VEUR.AS

• 1D: 2.58%
• 1M: -3.87%
• YTD: 1.21%
• 6M: 6.73%
• 1Y: 13.79%
• 3Y*: 12.59%
• 5Y*: 9.89%
• 10Y*: 9.09%

VERG.L

• 1D: 3.06%
• 1M: -4.03%
• YTD: 0.66%
• 6M: 5.74%
• 1Y: 12.68%
• 3Y*: 11.92%
• 5Y*: 9.14%
• 10Y*: —

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

VEUR.AS vs. VERG.L - Expense Ratio Comparison

Both VEUR.AS and VERG.L have an expense ratio of 0.10%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

VEUR.AS

Vanguard FTSE Developed Europe UCITS ETF

VERG.L

Vanguard FTSE Developed Europe ex UK UCITS ETF (EUR) Accumulating

Return for Risk

VEUR.AS vs. VERG.L — Risk / Return Rank

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

VEUR.AS

VEUR.AS Risk / Return Rank: 61
VEUR.AS Sharpe Ratio Rank: 47
VEUR.AS Sortino Ratio Rank: 42
VEUR.AS Omega Ratio Rank: 48
VEUR.AS Calmar Ratio Rank: 82
VEUR.AS Martin Ratio Rank: 84

VERG.L

VERG.L Risk / Return Rank: 62
VERG.L Sharpe Ratio Rank: 66
VERG.L Sortino Ratio Rank: 62
VERG.L Omega Ratio Rank: 62
VERG.L Calmar Ratio Rank: 59
VERG.L Martin Ratio Rank: 59

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.

VEUR.AS vs. VERG.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard FTSE Developed Europe UCITS ETF (VEUR.AS) and Vanguard FTSE Developed Europe ex UK UCITS ETF (EUR) Accumulating (VERG.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.

	VEUR.AS	VERG.L	Difference
Sharpe ratio Return per unit of total volatility	0.91	0.83	+0.07
Sortino ratio Return per unit of downside risk	1.24	1.16	+0.08
Omega ratio Gain probability vs. loss probability	1.19	1.17	+0.02
Calmar ratio Return relative to maximum drawdown	2.46	1.26	+1.21
Martin ratio Return relative to average drawdown	10.14	4.59	+5.55
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VEUR.AS vs. VERG.L - Sharpe Ratio Comparison

The current VEUR.AS Sharpe Ratio is 0.91, which is comparable to the VERG.L Sharpe Ratio of 0.83. The chart below compares the historical Sharpe Ratios of VEUR.AS and VERG.L, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	VEUR.AS	VERG.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.91	0.83	+0.07
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.69	0.61	+0.08
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.58	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.50	0.56	-0.05

Correlation

The correlation between VEUR.AS and VERG.L is 0.92, 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.

Dividends

VEUR.AS vs. VERG.L - Dividend Comparison

VEUR.AS's dividend yield for the trailing twelve months is around 2.75%, while VERG.L has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
VEUR.AS Vanguard FTSE Developed Europe UCITS ETF	2.75%	2.79%	3.04%	3.00%	3.32%	2.66%	2.24%	3.24%	3.62%	3.05%	3.19%	3.10%
VERG.L Vanguard FTSE Developed Europe ex UK UCITS ETF (EUR) Accumulating	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

VEUR.AS vs. VERG.L - Drawdown Comparison

The maximum VEUR.AS drawdown since its inception was -35.63%, roughly equal to the maximum VERG.L drawdown of -35.10%. Use the drawdown chart below to compare losses from any high point for VEUR.AS and VERG.L.

Drawdown Indicators

	VEUR.AS	VERG.L	Difference
Max Drawdown Largest peak-to-trough decline	-35.63%	-27.55%	-8.08%
Max Drawdown (1Y) Largest decline over 1 year	-12.45%	-11.23%	-1.22%
Max Drawdown (5Y) Largest decline over 5 years	-20.19%	-20.39%	+0.20%
Max Drawdown (10Y) Largest decline over 10 years	-35.63%	—	—
Current Drawdown Current decline from peak	-5.44%	-6.67%	+1.23%
Average Drawdown Average peak-to-trough decline	-5.33%	-4.52%	-0.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.33%	2.93%	-0.60%

Volatility

VEUR.AS vs. VERG.L - Volatility Comparison

The current volatility for Vanguard FTSE Developed Europe UCITS ETF (VEUR.AS) is 5.84%, while Vanguard FTSE Developed Europe ex UK UCITS ETF (EUR) Accumulating (VERG.L) has a volatility of 6.34%. This indicates that VEUR.AS experiences smaller price fluctuations and is considered to be less risky than VERG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VEUR.AS	VERG.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.84%	6.34%	-0.50%
Volatility (6M) Calculated over the trailing 6-month period	9.07%	9.76%	-0.69%
Volatility (1Y) Calculated over the trailing 1-year period	15.06%	15.25%	-0.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.04%	14.87%	-0.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.47%	17.01%	-1.54%