VGK vs. FEZ
Compare and contrast key facts about Vanguard FTSE Europe ETF (VGK) and SPDR EURO STOXX 50 ETF (FEZ).
VGK and FEZ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VGK is a passively managed fund by Vanguard that tracks the performance of the FTSE Developed Europe Index. It was launched on Mar 4, 2005. FEZ is a passively managed fund by State Street that tracks the performance of the EURO STOXX 50 Index. It was launched on Oct 21, 2002. Both VGK and FEZ are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VGK or FEZ.
Key characteristics
| VGK | FEZ | |
|---|---|---|
| YTD Return | 3.86% | 7.94% |
| 1Y Return | 8.69% | 14.39% |
| 3Y Return (Ann) | 3.70% | 6.70% |
| 5Y Return (Ann) | 7.17% | 9.19% |
| 10Y Return (Ann) | 4.27% | 4.73% |
| Sharpe Ratio | 0.67 | 0.92 |
| Daily Std Dev | 13.23% | 15.15% |
| Max Drawdown | -63.61% | -64.21% |
| Current Drawdown | -1.27% | -2.42% |
Correlation
The correlation between VGK and FEZ is 0.96, 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.
Performance
VGK vs. FEZ - Performance Comparison
In the year-to-date period, VGK achieves a 3.86% return, which is significantly lower than FEZ's 7.94% return. Over the past 10 years, VGK has underperformed FEZ with an annualized return of 4.27%, while FEZ has yielded a comparatively higher 4.73% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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VGK vs. FEZ - Expense Ratio Comparison
VGK has a 0.08% expense ratio, which is lower than FEZ's 0.29% expense ratio.
Risk-Adjusted Performance
VGK vs. FEZ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard FTSE Europe ETF (VGK) and SPDR EURO STOXX 50 ETF (FEZ). 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.
Dividends
VGK vs. FEZ - Dividend Comparison
VGK's dividend yield for the trailing twelve months is around 3.28%, more than FEZ's 2.49% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VGK Vanguard FTSE Europe ETF | 3.28% | 3.15% | 3.25% | 3.05% | 2.11% | 3.27% | 3.95% | 2.70% | 3.52% | 3.25% | 4.62% | 2.77% |
FEZ SPDR EURO STOXX 50 ETF | 2.49% | 2.75% | 3.06% | 2.61% | 2.13% | 2.61% | 3.45% | 2.44% | 3.35% | 3.03% | 3.78% | 2.72% |
Drawdowns
VGK vs. FEZ - Drawdown Comparison
The maximum VGK drawdown since its inception was -63.61%, roughly equal to the maximum FEZ drawdown of -64.21%. Use the drawdown chart below to compare losses from any high point for VGK and FEZ. For additional features, visit the drawdowns tool.
Volatility
VGK vs. FEZ - Volatility Comparison
The current volatility for Vanguard FTSE Europe ETF (VGK) is 3.49%, while SPDR EURO STOXX 50 ETF (FEZ) has a volatility of 4.15%. This indicates that VGK experiences smaller price fluctuations and is considered to be less risky than FEZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.