VEURX vs. VOE
Compare and contrast key facts about Vanguard European Stock Index Fund (VEURX) and Vanguard Mid-Cap Value ETF (VOE).
VEURX is managed by Vanguard. It was launched on Jun 17, 1990. VOE is a passively managed fund by Vanguard that tracks the performance of the CRSP US Mid Cap Value Index. It was launched on Aug 17, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VEURX or VOE.
Key characteristics
| VEURX | VOE | |
|---|---|---|
| YTD Return | 2.72% | 20.06% |
| 1Y Return | 10.84% | 31.00% |
| 3Y Return (Ann) | 0.84% | 6.91% |
| 5Y Return (Ann) | 5.85% | 10.63% |
| 10Y Return (Ann) | 4.99% | 9.38% |
| Sharpe Ratio | 1.08 | 2.91 |
| Sortino Ratio | 1.57 | 4.08 |
| Omega Ratio | 1.19 | 1.52 |
| Calmar Ratio | 1.47 | 3.70 |
| Martin Ratio | 5.34 | 18.25 |
| Ulcer Index | 2.66% | 1.92% |
| Daily Std Dev | 13.12% | 12.06% |
| Max Drawdown | -63.33% | -61.55% |
| Current Drawdown | -9.65% | -0.82% |
Correlation
The correlation between VEURX and VOE is 0.75, 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.
Performance
VEURX vs. VOE - Performance Comparison
In the year-to-date period, VEURX achieves a 2.72% return, which is significantly lower than VOE's 20.06% return. Over the past 10 years, VEURX has underperformed VOE with an annualized return of 4.99%, while VOE has yielded a comparatively higher 9.38% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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VEURX vs. VOE - Expense Ratio Comparison
VEURX has a 0.25% expense ratio, which is higher than VOE's 0.07% 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%.
Risk-Adjusted Performance
VEURX vs. VOE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard European Stock Index Fund (VEURX) and Vanguard Mid-Cap Value ETF (VOE). 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
VEURX vs. VOE - Dividend Comparison
VEURX's dividend yield for the trailing twelve months is around 2.98%, more than VOE's 2.06% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VEURX Vanguard European Stock Index Fund | 2.98% | 3.01% | 3.08% | 2.90% | 1.97% | 3.14% | 3.77% | 2.56% | 3.35% | 3.09% | 4.46% | 2.65% |
VOE Vanguard Mid-Cap Value ETF | 2.06% | 2.27% | 2.27% | 1.78% | 2.36% | 2.05% | 2.75% | 1.86% | 1.92% | 2.05% | 1.67% | 1.53% |
Drawdowns
VEURX vs. VOE - Drawdown Comparison
The maximum VEURX drawdown since its inception was -63.33%, roughly equal to the maximum VOE drawdown of -61.55%. Use the drawdown chart below to compare losses from any high point for VEURX and VOE. For additional features, visit the drawdowns tool.
Volatility
VEURX vs. VOE - Volatility Comparison
Vanguard European Stock Index Fund (VEURX) has a higher volatility of 4.18% compared to Vanguard Mid-Cap Value ETF (VOE) at 3.50%. This indicates that VEURX's price experiences larger fluctuations and is considered to be riskier than VOE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.