VEURX vs. MEURX
VEURX (Vanguard European Stock Index Fund) and MEURX (Franklin Mutual European Fund) are both Europe Equities funds. Over the past 10 years, VEURX returned 10.09%/yr vs 9.63%/yr for MEURX. Their correlation of 0.82 suggests significant overlap in exposure. VEURX charges 0.25%/yr vs 1.00%/yr for MEURX.
Performance
VEURX vs. MEURX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, VEURX achieves a 5.78% return, which is significantly higher than MEURX's 1.10% return. Both investments have delivered pretty close results over the past 10 years, with VEURX having a 10.09% annualized return and MEURX not far behind at 9.63%.
VEURX
- 1D
- -0.24%
- 1M
- -1.57%
- YTD
- 5.78%
- 6M
- 5.59%
- 1Y
- 17.63%
- 3Y*
- 16.38%
- 5Y*
- 8.30%
- 10Y*
- 10.09%
MEURX
- 1D
- -0.30%
- 1M
- -2.73%
- YTD
- 1.10%
- 6M
- 0.73%
- 1Y
- 15.31%
- 3Y*
- 16.35%
- 5Y*
- 11.69%
- 10Y*
- 9.63%
VEURX vs. MEURX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VEURX Vanguard European Stock Index Fund | 5.78% | 35.20% | 1.88% | 19.83% | -16.16% | 16.14% | 6.29% | 24.02% | -14.88% | 26.81% |
MEURX Franklin Mutual European Fund | 1.10% | 39.96% | 3.67% | 16.68% | -0.68% | 16.48% | -6.22% | 22.28% | -11.13% | 10.45% |
Correlation
The correlation between VEURX and MEURX is 0.95, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.95 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.93 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.92 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.86 |
Correlation (All Time) Calculated using the full available price history since Jul 3, 1996 | 0.82 |
The correlation between VEURX and MEURX shifts across timeframes, from 0.82 (all time) to 0.95 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
VEURX vs. MEURX — Risk / Return Rank
VEURX
MEURX
VEURX vs. MEURX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard European Stock Index Fund (VEURX) and Franklin Mutual European Fund (MEURX). 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 | MEURX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.04 | ||
| Sortino ratioReturn per unit of downside risk | +0.06 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.20 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 1.43 | 1.35 | +0.08 |
| Martin ratioReturn relative to average drawdown | 5.26 | 4.34 | +0.91 |
Loading charts...
Drawdowns
VEURX vs. MEURX - Drawdown Comparison
The maximum VEURX drawdown since its inception was -63.33%, which is greater than MEURX's maximum drawdown of -43.16%. Use the drawdown chart below to compare losses from any high point for VEURX and MEURX.
Loading charts...
Drawdown Indicators
| VEURX | MEURX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.33% | -43.16% | -20.17% |
Max Drawdown (1Y)Largest decline over 1 year | -11.97% | -11.16% | -0.81% |
Max Drawdown (3Y)Largest decline over 3 years | -13.97% | -15.36% | +1.39% |
Max Drawdown (5Y)Largest decline over 5 years | -32.81% | -20.38% | -12.43% |
Max Drawdown (10Y)Largest decline over 10 years | -37.03% | -41.10% | +4.07% |
Current DrawdownCurrent decline from peak | -2.33% | -5.99% | +3.66% |
Average DrawdownAverage peak-to-trough decline | -12.65% | -7.65% | -5.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.25% | 3.46% | -0.21% |
Volatility
VEURX vs. MEURX - Volatility Comparison
Vanguard European Stock Index Fund (VEURX) has a higher volatility of 4.85% compared to Franklin Mutual European Fund (MEURX) at 3.38%. This indicates that VEURX's price experiences larger fluctuations and is considered to be riskier than MEURX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| VEURX | MEURX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.85% | 3.38% | +1.47% |
Volatility (6M)Calculated over the trailing 6-month period | 13.11% | 11.36% | +1.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.60% | 14.20% | +1.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.44% | 15.37% | +2.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.86% | 17.14% | +0.72% |
VEURX vs. MEURX - Expense Ratio Comparison
VEURX has a 0.25% expense ratio, which is lower than MEURX's 1.00% expense ratio.
Dividends
VEURX vs. MEURX - Dividend Comparison
VEURX's dividend yield for the trailing twelve months is around 2.79%, less than MEURX's 3.05% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MEURX Franklin Mutual European Fund | 3.05% | 3.09% | 3.06% | 2.25% | 3.31% | 3.52% | 2.36% | 2.71% | 4.07% | 1.31% | 3.70% | 5.72% |
VEURX Vanguard European Stock Index Fund | 2.79% | 2.70% | 3.44% | 3.00% | 3.07% | 2.90% | 1.97% | 3.14% | 3.77% | 2.55% | 3.35% | 3.09% |
Frequently Asked Questions
With a correlation of 0.95, VEURX and MEURX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
VEURX has higher volatility (4.85%) compared to MEURX (3.38%). In terms of maximum drawdown, VEURX dropped -63.33% vs MEURX's -43.16%.
VEURX currently has the higher Sharpe Ratio (1.10 vs 1.06), 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.
Find the right allocation for VEURX and MEURX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer