VGEU.DE vs. WTEE.DE

Last updated Jun 5, 2026

VGEU.DE (Vanguard FTSE Developed Europe UCITS ETF Distributing) and WTEE.DE (WisdomTree Europe Equity Income UCITS ETF) are both Europe Equities funds - VGEU.DE tracks the FTSE Developed Europe while WTEE.DE tracks the WisdomTree Europe Equity Income. Both are passively managed. Over the past 5 years, VGEU.DE returned 9.90%/yr vs 12.46%/yr for WTEE.DE. A 0.74 correlation means they provide meaningful diversification when combined. VGEU.DE charges 0.10%/yr vs 0.29%/yr for WTEE.DE.

Performance

VGEU.DE vs. WTEE.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 WisdomTree Europe Equity Income UCITS ETF (WTEE.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VGEU.DE achieves a 7.29% return, which is significantly lower than WTEE.DE's 13.70% return.

VGEU.DE

• 1D: 0.50%
• 1M: 0.90%
• YTD: 7.29%
• 6M: 9.88%
• 1Y: 16.08%
• 3Y*: 14.08%
• 5Y*: 9.90%
• 10Y*: 9.61%

WTEE.DE

• 1D: -0.26%
• 1M: 0.42%
• YTD: 13.70%
• 6M: 16.59%
• 1Y: 26.04%
• 3Y*: 17.15%
• 5Y*: 12.46%
• 10Y*: —

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

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

	2026 (YTD)	2025	2024	2023	2022	2021	2020
VGEU.DE Vanguard FTSE Developed Europe UCITS ETF Distributing	7.29%	20.52%	8.94%	16.01%	-9.86%	24.89%	9.74%
WTEE.DE WisdomTree Europe Equity Income UCITS ETF	13.70%	28.40%	2.20%	15.07%	0.05%	18.73%	6.60%

Correlation

The correlation between VGEU.DE and WTEE.DE 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	0.77
Correlation (5Y) Calculated over the trailing 5-year period	0.76
Correlation (All Time) Calculated using the full available price history since Aug 19, 2020	0.74

The correlation between VGEU.DE and WTEE.DE has been stable across timeframes, ranging from 0.74 to 0.77 - a consistent structural relationship.

Return for Risk

VGEU.DE vs. WTEE.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: 37
VGEU.DE Sharpe Ratio Rank: 36
VGEU.DE Sortino Ratio Rank: 36
VGEU.DE Omega Ratio Rank: 38
VGEU.DE Calmar Ratio Rank: 35
VGEU.DE Martin Ratio Rank: 40

WTEE.DE

WTEE.DE Risk / Return Rank: 74
WTEE.DE Sharpe Ratio Rank: 74
WTEE.DE Sortino Ratio Rank: 71
WTEE.DE Omega Ratio Rank: 73
WTEE.DE Calmar Ratio Rank: 76
WTEE.DE Martin Ratio Rank: 78

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. WTEE.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 WisdomTree Europe Equity Income UCITS ETF (WTEE.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	WTEE.DE	Difference
Sharpe ratio: Return per unit of total volatility	1.26	2.35	-1.09
Sortino ratio: Return per unit of downside risk	1.86	3.17	-1.31
Omega ratio: Gain probability vs. loss probability	1.24	1.43	-0.19
Calmar ratio: Return relative to maximum drawdown	1.69	3.80	-2.11
Martin ratio: Return relative to average drawdown	6.33	14.72	-8.39
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. WTEE.DE - Sharpe Ratio Comparison

The current VGEU.DE Sharpe Ratio is 1.26, which is lower than the WTEE.DE Sharpe Ratio of 2.35. The chart below compares the historical Sharpe Ratios of VGEU.DE and WTEE.DE, 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

	VGEU.DE	WTEE.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.26	2.35	-1.09
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.68	0.93	-0.25
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.67	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.56	1.08	-0.52

Drawdowns

VGEU.DE vs. WTEE.DE - Drawdown Comparison

The maximum VGEU.DE drawdown since its inception was -35.59%, which is greater than WTEE.DE's maximum drawdown of -16.45%. Use the drawdown chart below to compare losses from any high point for VGEU.DE and WTEE.DE.

Drawdown Indicators

	VGEU.DE	WTEE.DE	Difference
Max Drawdown Largest peak-to-trough decline	-35.59%	-16.45%	-19.14%
Max Drawdown (1Y) Largest decline over 1 year	-9.59%	-6.78%	-2.81%
Max Drawdown (3Y) Largest decline over 3 years	-16.46%	-14.12%	-2.34%
Max Drawdown (5Y) Largest decline over 5 years	-20.11%	-16.45%	-3.66%
Max Drawdown (10Y) Largest decline over 10 years	-35.59%	—	—
Current Drawdown Current decline from peak	-1.53%	-1.96%	+0.43%
Average Drawdown Average peak-to-trough decline	-5.03%	-2.65%	-2.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.56%	1.75%	+0.81%

Volatility

VGEU.DE vs. WTEE.DE - Volatility Comparison

Vanguard FTSE Developed Europe UCITS ETF Distributing (VGEU.DE) has a higher volatility of 4.29% compared to WisdomTree Europe Equity Income UCITS ETF (WTEE.DE) at 3.73%. This indicates that VGEU.DE's price experiences larger fluctuations and is considered to be riskier than WTEE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VGEU.DE	WTEE.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.29%	3.73%	+0.56%
Volatility (6M) Calculated over the trailing 6-month period	10.60%	8.73%	+1.87%
Volatility (1Y) Calculated over the trailing 1-year period	12.81%	10.94%	+1.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.35%	14.50%	-0.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.34%	14.99%	+1.35%

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

VGEU.DE has a 0.10% expense ratio, which is lower than WTEE.DE's 0.29% expense ratio.

Dividends

VGEU.DE vs. WTEE.DE - Dividend Comparison

VGEU.DE's dividend yield for the trailing twelve months is around 2.60%, less than WTEE.DE's 4.55% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
VGEU.DE Vanguard FTSE Developed Europe UCITS ETF Distributing	2.60%	2.79%	3.07%	2.99%	3.31%	2.65%	2.23%	3.22%	3.65%	3.04%	3.20%	3.11%
WTEE.DE WisdomTree Europe Equity Income UCITS ETF	4.55%	5.37%	6.81%	5.61%	5.35%	4.64%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both VGEU.DE and WTEE.DE in my portfolio?

VGEU.DE and WTEE.DE 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.

Which ETF is better, VGEU.DE or WTEE.DE?

On fees, VGEU.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, VGEU.DE or WTEE.DE?

VGEU.DE is cheaper with a 0.10% expense ratio, compared with 0.29% for WTEE.DE.

What is the main difference between VGEU.DE and WTEE.DE?

VGEU.DE tracks FTSE Developed Europe, while WTEE.DE tracks WisdomTree Europe Equity Income. They also come from different issuers: Vanguard and WisdomTree. Their fees differ too: 0.10% for VGEU.DE and 0.29% for WTEE.DE.