VGK vs. JEDI.DE

Last updated Jun 14, 2026

VGK (Vanguard FTSE Europe ETF) and JEDI.DE (VanEck Space Innovators UCITS ETF) are both exchange-traded funds - VGK is a Europe Equities fund tracking the FTSE Developed Europe All Cap Index, while JEDI.DE is a Industrials Equities fund tracking the MVIS Global Space Industry ESG. Both are passively managed. Over the past 3 years, VGK returned 16.69%/yr vs 70.22%/yr for JEDI.DE. At a 0.43 correlation, their price movements are largely independent. VGK charges 0.06%/yr vs 0.55%/yr for JEDI.DE.

Performance

VGK vs. JEDI.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard FTSE Europe ETF (VGK) and VanEck Space Innovators UCITS ETF (JEDI.DE). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

VGK is traded in USD, while JEDI.DE is traded in EUR. To make them comparable, the JEDI.DE values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, VGK achieves a 7.69% return, which is significantly lower than JEDI.DE's 74.93% return.

VGK

• 1D: 0.18%
• 1M: 2.46%
• YTD: 7.69%
• 6M: 9.92%
• 1Y: 19.73%
• 3Y*: 16.69%
• 5Y*: 8.50%
• 10Y*: 10.28%

JEDI.DE

• 1D: 1.42%
• 1M: 2.47%
• YTD: 74.93%
• 6M: 79.85%
• 1Y: 187.84%
• 3Y*: 70.22%
• 5Y*: —
• 10Y*: —

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

VGK vs. JEDI.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
VGK Vanguard FTSE Europe ETF	7.69%	35.83%	1.88%	20.19%	4.94%
JEDI.DE VanEck Space Innovators UCITS ETF	74.93%	94.34%	43.44%	11.98%	7.01%

Correlation

The correlation between VGK and JEDI.DE is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.37
Correlation (3Y) Calculated over the trailing 3-year period	0.37
Correlation (All Time) Calculated using the full available price history since Jun 29, 2022	0.43

Return for Risk

VGK vs. JEDI.DE — Risk / Return Rank

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

VGK

VGK Risk / Return Rank: 36
VGK Sharpe Ratio Rank: 36
VGK Sortino Ratio Rank: 36
VGK Omega Ratio Rank: 34
VGK Calmar Ratio Rank: 34
VGK Martin Ratio Rank: 39

JEDI.DE

JEDI.DE Risk / Return Rank: 94
JEDI.DE Sharpe Ratio Rank: 97
JEDI.DE Sortino Ratio Rank: 92
JEDI.DE Omega Ratio Rank: 89
JEDI.DE Calmar Ratio Rank: 95
JEDI.DE Martin Ratio Rank: 94

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.

VGK vs. JEDI.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard FTSE Europe ETF (VGK) and VanEck Space Innovators UCITS ETF (JEDI.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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	VGK	JEDI.DE	Difference
Sharpe ratio: Return per unit of total volatility	1.13	4.65	-3.52
Sortino ratio: Return per unit of downside risk	1.68	4.52	-2.85
Omega ratio: Gain probability vs. loss probability	1.20	1.56	-0.35
Calmar ratio: Return relative to maximum drawdown	1.49	8.60	-7.11
Martin ratio: Return relative to average drawdown	5.52	28.11	-22.59

VGK vs. JEDI.DE - Sharpe Ratio Comparison

The current VGK Sharpe Ratio is 1.13, which is lower than the JEDI.DE Sharpe Ratio of 4.65. The chart below compares the historical Sharpe Ratios of VGK and JEDI.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.

Drawdowns

VGK vs. JEDI.DE - Drawdown Comparison

The maximum VGK drawdown since its inception was -63.61%, which is greater than JEDI.DE's maximum drawdown of -26.75%. Use the drawdown chart below to compare losses from any high point for VGK and JEDI.DE.

Drawdown Indicators

	VGK	JEDI.DE	Difference
Max Drawdown Largest peak-to-trough decline	-63.61%	-26.75%	-36.86%
Max Drawdown (1Y) Largest decline over 1 year	-12.09%	-24.02%	+11.93%
Max Drawdown (3Y) Largest decline over 3 years	-14.31%	-26.75%	+12.44%
Max Drawdown (5Y) Largest decline over 5 years	-32.74%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-37.24%	—	—
Current Drawdown Current decline from peak	-0.50%	-14.10%	+13.60%
Average Drawdown Average peak-to-trough decline	-13.33%	-7.18%	-6.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.27%	7.36%	-4.09%

Volatility

VGK vs. JEDI.DE - Volatility Comparison

The current volatility for Vanguard FTSE Europe ETF (VGK) is 5.82%, while VanEck Space Innovators UCITS ETF (JEDI.DE) has a volatility of 18.67%. This indicates that VGK experiences smaller price fluctuations and is considered to be less risky than JEDI.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VGK	JEDI.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.82%	18.67%	-12.85%
Volatility (6M) Calculated over the trailing 6-month period	13.36%	34.86%	-21.50%
Volatility (1Y) Calculated over the trailing 1-year period	15.92%	44.38%	-28.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.98%	33.25%	-15.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.95%	33.25%	-14.30%

VGK vs. JEDI.DE - Expense Ratio Comparison

VGK has a 0.06% expense ratio, which is lower than JEDI.DE's 0.55% expense ratio.

Dividends

VGK vs. JEDI.DE - Dividend Comparison

VGK's dividend yield for the trailing twelve months is around 2.76%, while JEDI.DE has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JEDI.DE VanEck Space Innovators UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VGK Vanguard FTSE Europe ETF	2.76%	2.86%	3.61%	3.15%	3.25%	3.05%	2.11%	3.27%	3.95%	2.70%	3.52%	3.25%

Frequently Asked Questions

Can I hold both VGK and JEDI.DE in my portfolio?

VGK and JEDI.DE have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, VGK or JEDI.DE?

On fees, VGK is cheaper at 0.06% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, VGK or JEDI.DE?

VGK is cheaper with a 0.06% expense ratio, compared with 0.55% for JEDI.DE.

What is the main difference between VGK and JEDI.DE?

VGK is categorized as Europe Equities, while JEDI.DE is Industrials Equities. VGK tracks FTSE Developed Europe All Cap Index, while JEDI.DE tracks MVIS Global Space Industry ESG. They also come from different issuers: Vanguard and VanEck. Their fees differ too: 0.06% for VGK and 0.55% for JEDI.DE.