VGEU.DE vs. IQQY.DE

Last updated Apr 2, 2026

Compare and contrast key facts about Vanguard FTSE Developed Europe UCITS ETF Distributing (VGEU.DE) and iShares Core MSCI Europe UCITS ETF EUR (Dist) (IQQY.DE).

VGEU.DE and IQQY.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VGEU.DE is a passively managed fund by Vanguard that tracks the performance of the FTSE Developed Europe. It was launched on May 21, 2013. IQQY.DE is a passively managed fund by iShares that tracks the performance of the MSCI Europe. It was launched on Jul 6, 2007. Both VGEU.DE and IQQY.DE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

VGEU.DE vs. IQQY.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Vanguard FTSE Developed Europe UCITS ETF Distributing (VGEU.DE) and iShares Core MSCI Europe UCITS ETF EUR (Dist) (IQQY.DE). The values are adjusted to include any dividend payments, if applicable.

VGEU.DE vs. IQQY.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VGEU.DE Vanguard FTSE Developed Europe UCITS ETF Distributing	1.41%	20.52%	8.94%	16.01%	-9.86%	24.89%	-2.75%	27.89%	-11.15%	11.49%
IQQY.DE iShares Core MSCI Europe UCITS ETF EUR (Dist)	1.34%	20.51%	8.32%	15.43%	-9.13%	25.32%	-3.28%	27.76%	-10.88%	10.56%

Returns By Period

The year-to-date returns for both stocks are quite close, with VGEU.DE having a 1.41% return and IQQY.DE slightly lower at 1.34%. Both investments have delivered pretty close results over the past 10 years, with VGEU.DE having a 9.09% annualized return and IQQY.DE not far behind at 9.02%.

VGEU.DE

• 1D: 2.45%
• 1M: -3.81%
• YTD: 1.41%
• 6M: 6.76%
• 1Y: 13.86%
• 3Y*: 12.61%
• 5Y*: 9.87%
• 10Y*: 9.09%

IQQY.DE

• 1D: 2.47%
• 1M: -3.86%
• YTD: 1.34%
• 6M: 6.41%
• 1Y: 13.41%
• 3Y*: 12.16%
• 5Y*: 9.88%
• 10Y*: 9.02%

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

VGEU.DE vs. IQQY.DE - Expense Ratio Comparison

VGEU.DE has a 0.10% expense ratio, which is lower than IQQY.DE's 0.12% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

IQQY.DE

iShares Core MSCI Europe UCITS ETF EUR (Dist)

VGEU.DE

Vanguard FTSE Developed Europe UCITS ETF Distributing

Return for Risk

VGEU.DE vs. IQQY.DE — Risk / Return Rank

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

VGEU.DE

VGEU.DE Risk / Return Rank: 48
VGEU.DE Sharpe Ratio Rank: 47
VGEU.DE Sortino Ratio Rank: 42
VGEU.DE Omega Ratio Rank: 48
VGEU.DE Calmar Ratio Rank: 51
VGEU.DE Martin Ratio Rank: 53

IQQY.DE

IQQY.DE Risk / Return Rank: 47
IQQY.DE Sharpe Ratio Rank: 46
IQQY.DE Sortino Ratio Rank: 41
IQQY.DE Omega Ratio Rank: 47
IQQY.DE Calmar Ratio Rank: 49
IQQY.DE Martin Ratio Rank: 51

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.

VGEU.DE vs. IQQY.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard FTSE Developed Europe UCITS ETF Distributing (VGEU.DE) and iShares Core MSCI Europe UCITS ETF EUR (Dist) (IQQY.DE). 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.

	VGEU.DE	IQQY.DE	Difference
Sharpe ratio Return per unit of total volatility	0.90	0.89	+0.01
Sortino ratio Return per unit of downside risk	1.24	1.22	+0.02
Omega ratio Gain probability vs. loss probability	1.19	1.19	0.00
Calmar ratio Return relative to maximum drawdown	1.40	1.38	+0.02
Martin ratio Return relative to average drawdown	5.44	5.33	+0.12
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VGEU.DE vs. IQQY.DE - Sharpe Ratio Comparison

The current VGEU.DE Sharpe Ratio is 0.90, which is comparable to the IQQY.DE Sharpe Ratio of 0.89. The chart below compares the historical Sharpe Ratios of VGEU.DE and IQQY.DE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	VGEU.DE	IQQY.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.90	0.89	+0.01
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.69	0.70	-0.01
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.64	0.57	+0.07
Sharpe Ratio (All Time) Calculated using the full available price history	0.53	0.31	+0.22

Correlation

The correlation between VGEU.DE and IQQY.DE is 0.83, 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.

Dividends

VGEU.DE vs. IQQY.DE - Dividend Comparison

VGEU.DE's dividend yield for the trailing twelve months is around 2.75%, more than IQQY.DE's 2.52% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
VGEU.DE Vanguard FTSE Developed Europe UCITS ETF Distributing	2.75%	2.79%	3.07%	2.99%	3.31%	2.65%	2.23%	3.22%	3.65%	3.04%	3.20%	3.11%
IQQY.DE iShares Core MSCI Europe UCITS ETF EUR (Dist)	2.52%	2.54%	2.88%	2.87%	2.92%	2.24%	2.06%	3.04%	3.26%	2.63%	2.85%	2.65%

Drawdowns

VGEU.DE vs. IQQY.DE - Drawdown Comparison

The maximum VGEU.DE drawdown since its inception was -35.59%, smaller than the maximum IQQY.DE drawdown of -56.18%. Use the drawdown chart below to compare losses from any high point for VGEU.DE and IQQY.DE.

Drawdown Indicators

	VGEU.DE	IQQY.DE	Difference
Max Drawdown Largest peak-to-trough decline	-35.59%	-56.18%	+20.59%
Max Drawdown (1Y) Largest decline over 1 year	-12.60%	-12.48%	-0.12%
Max Drawdown (5Y) Largest decline over 5 years	-20.11%	-19.30%	-0.81%
Max Drawdown (10Y) Largest decline over 10 years	-35.59%	-35.47%	-0.12%
Current Drawdown Current decline from peak	-5.43%	-5.38%	-0.05%
Average Drawdown Average peak-to-trough decline	-5.08%	-10.84%	+5.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.66%	2.62%	+0.04%

Volatility

VGEU.DE vs. IQQY.DE - Volatility Comparison

Vanguard FTSE Developed Europe UCITS ETF Distributing (VGEU.DE) and iShares Core MSCI Europe UCITS ETF EUR (Dist) (IQQY.DE) have volatilities of 5.88% and 5.83%, 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.

Volatility by Period

	VGEU.DE	IQQY.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.88%	5.83%	+0.05%
Volatility (6M) Calculated over the trailing 6-month period	9.17%	9.15%	+0.02%
Volatility (1Y) Calculated over the trailing 1-year period	15.34%	14.98%	+0.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.18%	14.05%	+0.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.42%	15.59%	+0.83%