VEURX vs. ^N225
VEURX (Vanguard European Stock Index Fund) is Europe Equities fund managed by Vanguard, while ^N225 (Nikkei 225) is an index. Over the past 10 years, VEURX returned 9.81%/yr vs 10.66%/yr for ^N225. At a 0.11 correlation, their price movements are largely independent.
Performance
VEURX vs. ^N225 - Performance Comparison
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Different Trading Currencies
VEURX is traded in USD, while ^N225 is traded in JPY. To make them comparable, the ^N225 values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, VEURX achieves a 7.18% return, which is significantly lower than ^N225's 28.05% return. Over the past 10 years, VEURX has underperformed ^N225 with an annualized return of 9.81%, while ^N225 has yielded a comparatively higher 10.66% annualized return.
VEURX
- 1D
- 2.88%
- 1M
- 3.81%
- YTD
- 7.18%
- 6M
- 9.34%
- 1Y
- 19.02%
- 3Y*
- 16.61%
- 5Y*
- 8.26%
- 10Y*
- 9.81%
^N225
- 1D
- 2.63%
- 1M
- 6.52%
- YTD
- 28.05%
- 6M
- 26.30%
- 1Y
- 56.89%
- 3Y*
- 20.50%
- 5Y*
- 9.32%
- 10Y*
- 10.66%
VEURX vs. ^N225 - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VEURX Vanguard European Stock Index Fund | 7.18% | 35.20% | 1.88% | 19.83% | -16.16% | 16.14% | 6.29% | 24.02% | -14.88% | 26.81% |
^N225 Nikkei 225 | 28.05% | 26.56% | 7.17% | 19.21% | -20.48% | -5.90% | 22.42% | 19.73% | -10.20% | 23.76% |
Correlation
The correlation between VEURX and ^N225 is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.17 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.17 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.19 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Jul 12, 2007 | 0.11 |
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Return for Risk
VEURX vs. ^N225 — Risk / Return Rank
VEURX
^N225
VEURX vs. ^N225 - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard European Stock Index Fund (VEURX) and Nikkei 225 (^N225). 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.
| VEURX | ^N225 | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.06 | ||
| Sortino ratioReturn per unit of downside risk | -1.42 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.37 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 1.53 | 3.90 | -2.37 |
| Martin ratioReturn relative to average drawdown | 5.58 | 12.47 | -6.90 |
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Drawdowns
VEURX vs. ^N225 - Drawdown Comparison
The maximum VEURX drawdown since its inception was -63.33%, which is greater than ^N225's maximum drawdown of -52.24%. Use the drawdown chart below to compare losses from any high point for VEURX and ^N225.
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Drawdown Indicators
| VEURX | ^N225 | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.33% | -52.24% | -11.09% |
Max Drawdown (1Y)Largest decline over 1 year | -11.97% | -14.75% | +2.78% |
Max Drawdown (3Y)Largest decline over 3 years | -13.97% | -24.78% | +10.81% |
Max Drawdown (5Y)Largest decline over 5 years | -32.81% | -36.26% | +3.45% |
Max Drawdown (10Y)Largest decline over 10 years | -37.03% | -37.97% | +0.94% |
Current DrawdownCurrent decline from peak | -1.05% | -3.61% | +2.56% |
Average DrawdownAverage peak-to-trough decline | -12.66% | -13.56% | +0.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.27% | 4.53% | -1.26% |
Volatility
VEURX vs. ^N225 - Volatility Comparison
The current volatility for Vanguard European Stock Index Fund (VEURX) is 5.60%, while Nikkei 225 (^N225) has a volatility of 9.05%. This indicates that VEURX experiences smaller price fluctuations and is considered to be less risky than ^N225 based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VEURX | ^N225 | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.60% | 9.05% | -3.45% |
Volatility (6M)Calculated over the trailing 6-month period | 13.14% | 20.93% | -7.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.70% | 25.86% | -10.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.47% | 23.83% | -6.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.23% | 21.57% | -3.34% |
Frequently Asked Questions
VEURX and ^N225 have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
^N225 has higher volatility (9.05%) compared to VEURX (5.60%). In terms of maximum drawdown, VEURX dropped -63.33% vs ^N225's -52.24%.
^N225 currently has the higher Sharpe Ratio (2.22 vs 1.16), 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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