VEVE.AS vs. JGGI.L

Last updated Jun 5, 2026

VEVE.AS (Vanguard FTSE Developed World UCITS ETF) is Global Equities fund tracking the MSCI ACWI NR USD, while JGGI.L (JP Morgan Global Growth & Income plc) is a stock. Over the past 10 years, VEVE.AS returned 12.95%/yr vs 13.99%/yr for JGGI.L. A 0.65 correlation means they provide meaningful diversification when combined.

Performance

VEVE.AS vs. JGGI.L - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Vanguard FTSE Developed World UCITS ETF (VEVE.AS) and JP Morgan Global Growth & Income plc (JGGI.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

VEVE.AS is traded in EUR, while JGGI.L is traded in GBp. To make them comparable, the JGGI.L values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, VEVE.AS achieves a 12.81% return, which is significantly higher than JGGI.L's 7.56% return. Over the past 10 years, VEVE.AS has underperformed JGGI.L with an annualized return of 12.95%, while JGGI.L has yielded a comparatively higher 13.99% annualized return.

VEVE.AS

• 1D: -0.27%
• 1M: 5.23%
• YTD: 12.81%
• 6M: 13.33%
• 1Y: 26.42%
• 3Y*: 18.25%
• 5Y*: 13.13%
• 10Y*: 12.95%

JGGI.L

• 1D: -0.17%
• 1M: 3.19%
• YTD: 7.56%
• 6M: 8.82%
• 1Y: 13.89%
• 3Y*: 12.94%
• 5Y*: 11.20%
• 10Y*: 13.99%

*Multi-year figures are annualized to reflect compound growth (CAGR)

VEVE.AS vs. JGGI.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VEVE.AS Vanguard FTSE Developed World UCITS ETF	12.81%	8.22%	26.33%	19.38%	-13.20%	31.47%	6.50%	29.40%	-4.85%	8.40%
JGGI.L JP Morgan Global Growth & Income plc	7.56%	-2.44%	25.63%	25.22%	-9.87%	32.94%	9.52%	34.25%	-11.26%	19.22%

Correlation

The correlation between VEVE.AS and JGGI.L is 0.74, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.74
Correlation (3Y) Calculated over the trailing 3-year period	0.78
Correlation (5Y) Calculated over the trailing 5-year period	0.75
Correlation (10Y) Calculated over the trailing 10-year period	0.66
Correlation (All Time) Calculated using the full available price history since Oct 1, 2014	0.65

The correlation between VEVE.AS and JGGI.L shifts across timeframes, from 0.65 (all time) to 0.78 (3 years), reflecting how their relationship changes across market environments.

Return for Risk

VEVE.AS vs. JGGI.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

VEVE.AS

VEVE.AS Risk / Return Rank: 78
VEVE.AS Sharpe Ratio Rank: 73
VEVE.AS Sortino Ratio Rank: 73
VEVE.AS Omega Ratio Rank: 76
VEVE.AS Calmar Ratio Rank: 81
VEVE.AS Martin Ratio Rank: 85

JGGI.L

JGGI.L Risk / Return Rank: 76
JGGI.L Sharpe Ratio Rank: 79
JGGI.L Sortino Ratio Rank: 73
JGGI.L Omega Ratio Rank: 71
JGGI.L Calmar Ratio Rank: 75
JGGI.L Martin Ratio Rank: 82

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

VEVE.AS vs. JGGI.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard FTSE Developed World UCITS ETF (VEVE.AS) and JP Morgan Global Growth & Income plc (JGGI.L). 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.

	VEVE.AS	JGGI.L	Difference
Sharpe ratio: Return per unit of total volatility	2.35	1.02	+1.33
Sortino ratio: Return per unit of downside risk	3.26	1.47	+1.78
Omega ratio: Gain probability vs. loss probability	1.45	1.18	+0.26
Calmar ratio: Return relative to maximum drawdown	4.21	1.65	+2.57
Martin ratio: Return relative to average drawdown	17.34	5.47	+11.87
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VEVE.AS vs. JGGI.L - Sharpe Ratio Comparison

The current VEVE.AS Sharpe Ratio is 2.35, which is higher than the JGGI.L Sharpe Ratio of 1.02. The chart below compares the historical Sharpe Ratios of VEVE.AS and JGGI.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	VEVE.AS	JGGI.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.35	1.02	+1.33
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.93	0.64	+0.29
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.72	0.67	+0.06
Sharpe Ratio (All Time) Calculated using the full available price history	0.35	0.49	-0.14

Drawdowns

VEVE.AS vs. JGGI.L - Drawdown Comparison

The maximum VEVE.AS drawdown since its inception was -33.57%, smaller than the maximum JGGI.L drawdown of -52.65%. Use the drawdown chart below to compare losses from any high point for VEVE.AS and JGGI.L.

Drawdown Indicators

	VEVE.AS	JGGI.L	Difference
Max Drawdown Largest peak-to-trough decline	-33.57%	-52.65%	+19.08%
Max Drawdown (1Y) Largest decline over 1 year	-6.19%	-8.39%	+2.20%
Max Drawdown (3Y) Largest decline over 3 years	-21.08%	-22.52%	+1.44%
Max Drawdown (5Y) Largest decline over 5 years	-21.08%	-22.52%	+1.44%
Max Drawdown (10Y) Largest decline over 10 years	-33.57%	-44.57%	+11.00%
Current Drawdown Current decline from peak	-0.56%	-0.42%	-0.14%
Average Drawdown Average peak-to-trough decline	-6.76%	-8.64%	+1.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.51%	2.53%	-1.02%

Volatility

VEVE.AS vs. JGGI.L - Volatility Comparison

Vanguard FTSE Developed World UCITS ETF (VEVE.AS) has a higher volatility of 2.88% compared to JP Morgan Global Growth & Income plc (JGGI.L) at 2.33%. This indicates that VEVE.AS's price experiences larger fluctuations and is considered to be riskier than JGGI.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VEVE.AS	JGGI.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.88%	2.33%	+0.55%
Volatility (6M) Calculated over the trailing 6-month period	7.89%	9.86%	-1.97%
Volatility (1Y) Calculated over the trailing 1-year period	11.08%	13.58%	-2.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.90%	17.38%	-3.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.61%	20.91%	-3.30%

Dividends

VEVE.AS vs. JGGI.L - Dividend Comparison

VEVE.AS's dividend yield for the trailing twelve months is around 1.23%, less than JGGI.L's 3.83% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JGGI.L JP Morgan Global Growth & Income plc	3.83%	3.99%	3.55%	3.52%	3.99%	3.23%	3.39%	3.69%	4.32%	3.17%	1.96%	1.51%
VEVE.AS Vanguard FTSE Developed World UCITS ETF	1.23%	1.41%	1.46%	1.73%	2.04%	1.43%	1.61%	1.89%	2.28%	1.97%	1.98%	2.05%

Frequently Asked Questions

Can I hold both VEVE.AS and JGGI.L in my portfolio?

VEVE.AS and JGGI.L have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.