VEUSX vs. CAEZX
VEUSX (Vanguard European Stock Index Fund Admiral Shares) and CAEZX (Columbia Acorn European Fund) are both Europe Equities funds. Over the past 10 years, VEUSX returned 10.00%/yr vs 8.79%/yr for CAEZX. Their correlation of 0.86 means they have usually moved in the same direction. VEUSX charges 0.08%/yr vs 1.19%/yr for CAEZX.
Performance
VEUSX vs. CAEZX - Performance Comparison
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Returns By Period
In the year-to-date period, VEUSX achieves a 10.84% return, which is significantly higher than CAEZX's 7.11% return. Over the past 10 years, VEUSX has outperformed CAEZX with an annualized return of 10.00%, while CAEZX has yielded a comparatively lower 8.79% annualized return.
VEUSX
- 1D
- 0.38%
- 1M
- 1.71%
- 6M
- 5.30%
- YTD
- 10.84%
- 1Y
- 23.07%
- 3Y*
- 17.49%
- 5Y*
- 9.14%
- 10Y*
- 10.00%
- ALL TIME*
- 6.86%
CAEZX
- 1D
- 0.42%
- 1M
- 1.23%
- 6M
- 0.60%
- YTD
- 7.11%
- 1Y
- 9.10%
- 3Y*
- 11.16%
- 5Y*
- -0.06%
- 10Y*
- 8.79%
- ALL TIME*
- 8.98%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
VEUSX vs. CAEZX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VEUSX Vanguard European Stock Index Fund Admiral Shares | 10.84% | 35.41% | 2.01% | 19.99% | -16.06% | 16.28% | 6.43% | 24.22% | -14.81% | 27.04% |
CAEZX Columbia Acorn European Fund | 7.11% | 24.00% | -4.20% | 25.11% | -38.02% | 21.76% | 23.09% | 46.34% | -18.57% | 38.37% |
Correlation
The correlation between VEUSX and CAEZX is 0.87, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.87 |
Correlation (3Y) Balances recent behavior with more history. | 0.88 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.88 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.86 |
Correlation (All Time) Calculated using the full available price history since Aug 18, 2011 | 0.86 |
The correlation between VEUSX and CAEZX has been stable across timeframes, ranging from 0.86 to 0.88 - a consistent structural relationship.
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Return for Risk
VEUSX vs. CAEZX — Risk / Return Rank
VEUSX
CAEZX
VEUSX vs. CAEZX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard European Stock Index Fund Admiral Shares (VEUSX) and Columbia Acorn European Fund (CAEZX). 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.
| VEUSX | CAEZX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.95 | ||
| Sortino ratioReturn per unit of downside risk | +1.26 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.12 | +0.16 |
| Calmar ratioReturn relative to maximum drawdown | 2.06 | 0.72 | +1.34 |
| Martin ratioReturn relative to average drawdown | 7.77 | 2.56 | +5.21 |
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Drawdowns
VEUSX vs. CAEZX - Drawdown Comparison
The maximum VEUSX drawdown since its inception was -63.28%, which is greater than CAEZX's maximum drawdown of -50.98%. Use the drawdown chart below to compare losses from any high point for VEUSX and CAEZX.
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Drawdown Indicators
| VEUSX | CAEZX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.28% | -50.98% | -12.30% |
Max Drawdown (1Y)Largest decline over 1 year | -11.97% | -14.38% | +2.41% |
Max Drawdown (3Y)Largest decline over 3 years | -13.96% | -21.49% | +7.53% |
Max Drawdown (5Y)Largest decline over 5 years | -32.72% | -50.98% | +18.26% |
Max Drawdown (10Y)Largest decline over 10 years | -36.87% | -50.98% | +14.11% |
Current DrawdownCurrent decline from peak | -0.18% | -4.88% | +4.70% |
Average DrawdownAverage peak-to-trough decline | -12.87% | -11.46% | -1.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.16% | 4.02% | -0.86% |
Volatility
VEUSX vs. CAEZX - Volatility Comparison
The current volatility for Vanguard European Stock Index Fund Admiral Shares (VEUSX) is 3.79%, while Columbia Acorn European Fund (CAEZX) has a volatility of 4.39%. This indicates that VEUSX experiences smaller price fluctuations and is considered to be less risky than CAEZX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VEUSX | CAEZX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.79% | 4.39% | -0.60% |
Volatility (6M)Calculated over the trailing 6-month period | 13.30% | 14.13% | -0.83% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.66% | 16.52% | -0.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.45% | 21.87% | -4.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.77% | 20.56% | -2.79% |
VEUSX vs. CAEZX - Expense Ratio Comparison
VEUSX has a 0.08% expense ratio, which is lower than CAEZX's 1.19% expense ratio.
Dividends
VEUSX vs. CAEZX - Dividend Comparison
VEUSX's dividend yield for the trailing twelve months is around 2.81%, less than CAEZX's 20.01% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CAEZX Columbia Acorn European Fund | 20.01% | 20.97% | 2.67% | 0.84% | 0.00% | 0.40% | 0.45% | 1.04% | 0.77% | 1.26% | 1.10% | 1.57% |
VEUSX Vanguard European Stock Index Fund Admiral Shares | 2.81% | 2.84% | 3.58% | 3.13% | 3.22% | 3.02% | 2.08% | 3.26% | 3.92% | 2.70% | 3.52% | 3.24% |
Frequently Asked Questions
VEUSX and CAEZX have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CAEZX has higher volatility (4.39%) compared to VEUSX (3.79%). In terms of maximum drawdown, VEUSX dropped -63.28% vs CAEZX's -50.98%.
VEUSX currently has the higher Sharpe Ratio (1.58 vs 0.63), 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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