VEUSX vs. VEUPX
VEUSX (Vanguard European Stock Index Fund Admiral Shares) and VEUPX (Vanguard European Stock Index Fund Institutional Plus Shares) are both Europe Equities funds from Vanguard. Over the past 10 years, VEUSX returned 9.24%/yr vs 9.27%/yr for VEUPX. With a 1.00 correlation, they move nearly in lockstep. VEUSX charges 0.10%/yr vs 0.07%/yr for VEUPX.
Performance
VEUSX vs. VEUPX - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with VEUSX having a 5.74% return and VEUPX slightly higher at 5.75%. Both investments have delivered pretty close results over the past 10 years, with VEUSX having a 9.24% annualized return and VEUPX not far ahead at 9.27%.
VEUSX
- 1D
- -1.25%
- 1M
- 1.30%
- YTD
- 5.74%
- 6M
- 8.90%
- 1Y
- 17.47%
- 3Y*
- 16.38%
- 5Y*
- 8.24%
- 10Y*
- 9.24%
VEUPX
- 1D
- -1.24%
- 1M
- 1.30%
- YTD
- 5.75%
- 6M
- 8.92%
- 1Y
- 17.50%
- 3Y*
- 16.41%
- 5Y*
- 8.27%
- 10Y*
- 9.27%
VEUSX vs. VEUPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VEUSX Vanguard European Stock Index Fund Admiral Shares | 5.74% | 35.41% | 2.01% | 19.99% | -16.06% | 16.28% | 6.43% | 24.22% | -14.81% | 27.04% |
VEUPX Vanguard European Stock Index Fund Institutional Plus Shares | 5.75% | 35.46% | 2.04% | 20.01% | -16.03% | 16.31% | 6.46% | 24.25% | -14.77% | 27.12% |
Correlation
The correlation between VEUSX and VEUPX is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 1.00 |
Correlation (3Y) Calculated over the trailing 3-year period | 1.00 |
Correlation (5Y) Calculated over the trailing 5-year period | 1.00 |
Correlation (10Y) Calculated over the trailing 10-year period | 1.00 |
Correlation (All Time) Calculated using the full available price history since Dec 14, 2010 | 1.00 |
The correlation between VEUSX and VEUPX has been stable across timeframes, ranging from 1.00 to 1.00 - a consistent structural relationship.
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Return for Risk
VEUSX vs. VEUPX — Risk / Return Rank
VEUSX
VEUPX
VEUSX vs. VEUPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard European Stock Index Fund Admiral Shares (VEUSX) and Vanguard European Stock Index Fund Institutional Plus Shares (VEUPX). 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.
| VEUSX | VEUPX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | 0.00 | ||
| Sortino ratioReturn per unit of downside risk | 0.00 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.22 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 1.52 | 1.53 | 0.00 |
| Martin ratioReturn relative to average drawdown | 5.62 | 5.63 | -0.01 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| VEUSX | VEUPX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.20 | 1.20 | 0.00 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.48 | 0.48 | 0.00 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.51 | 0.51 | 0.00 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.31 | 0.39 | -0.08 |
Drawdowns
VEUSX vs. VEUPX - Drawdown Comparison
The maximum VEUSX drawdown since its inception was -63.28%, which is greater than VEUPX's maximum drawdown of -36.83%. Use the drawdown chart below to compare losses from any high point for VEUSX and VEUPX.
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Drawdown Indicators
| VEUSX | VEUPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.28% | -36.83% | -26.45% |
Max Drawdown (1Y)Largest decline over 1 year | -11.97% | -11.96% | -0.01% |
Max Drawdown (3Y)Largest decline over 3 years | -13.96% | -13.96% | 0.00% |
Max Drawdown (5Y)Largest decline over 5 years | -32.72% | -32.69% | -0.03% |
Max Drawdown (10Y)Largest decline over 10 years | -36.87% | -36.83% | -0.04% |
Current DrawdownCurrent decline from peak | -2.38% | -2.37% | -0.01% |
Average DrawdownAverage peak-to-trough decline | -12.95% | -8.38% | -4.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.24% | 3.23% | +0.01% |
Volatility
VEUSX vs. VEUPX - Volatility Comparison
Vanguard European Stock Index Fund Admiral Shares (VEUSX) and Vanguard European Stock Index Fund Institutional Plus Shares (VEUPX) have volatilities of 5.39% and 5.38%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VEUSX | VEUPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.39% | 5.38% | +0.01% |
Volatility (6M)Calculated over the trailing 6-month period | 12.59% | 12.58% | +0.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.25% | 15.24% | +0.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.39% | 17.39% | 0.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.24% | 18.24% | 0.00% |
VEUSX vs. VEUPX - Expense Ratio Comparison
VEUSX has a 0.10% expense ratio, which is higher than VEUPX'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%.
Dividends
VEUSX vs. VEUPX - Dividend Comparison
VEUSX's dividend yield for the trailing twelve months is around 2.80%, which matches VEUPX's 2.82% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VEUPX Vanguard European Stock Index Fund Institutional Plus Shares | 2.82% | 2.87% | 3.61% | 3.15% | 3.26% | 3.05% | 2.11% | 3.29% | 3.96% | 2.73% | 3.54% | 3.29% |
VEUSX Vanguard European Stock Index Fund Admiral Shares | 2.80% | 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
With a correlation of 1.00, VEUSX and VEUPX 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.
VEUSX has higher volatility (5.39%) compared to VEUPX (5.38%). In terms of maximum drawdown, VEUSX dropped -63.28% vs VEUPX's -36.83%.
VEUPX currently has the higher Sharpe Ratio (1.20 vs 1.20), 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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