VGVE.DE vs. VEA
VGVE.DE (Vanguard FTSE Developed World UCITS ETF Distributing) and VEA (Vanguard FTSE Developed Markets ETF) are both exchange-traded funds - VGVE.DE is a Global Equities fund tracking the FTSE Developed, while VEA is a Foreign Large Cap Equities fund tracking the FTSE Developed All Cap ex US Index. Both are passively managed. Over the past 5 years, VGVE.DE returned 12.95%/yr vs 10.67%/yr for VEA. A 0.63 correlation means they provide meaningful diversification when combined. VGVE.DE charges 0.12%/yr vs 0.03%/yr for VEA.
Performance
VGVE.DE vs. VEA - Performance Comparison
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Different Trading Currencies
VGVE.DE is traded in EUR, while VEA is traded in USD. To make them comparable, the VEA values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, VGVE.DE achieves a 12.54% return, which is significantly lower than VEA's 16.51% return.
VGVE.DE
- 1D
- -0.18%
- 1M
- 5.25%
- YTD
- 12.54%
- 6M
- 13.19%
- 1Y
- 26.14%
- 3Y*
- 18.04%
- 5Y*
- 12.95%
- 10Y*
- —
VEA
- 1D
- 0.10%
- 1M
- 4.84%
- YTD
- 16.51%
- 6M
- 18.44%
- 1Y
- 29.89%
- 3Y*
- 16.92%
- 5Y*
- 10.67%
- 10Y*
- 9.88%
VGVE.DE vs. VEA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VGVE.DE Vanguard FTSE Developed World UCITS ETF Distributing | 12.54% | 8.78% | 24.92% | 19.91% | -13.71% | 31.39% | 5.44% | 30.68% | -5.85% | 2.00% |
VEA Vanguard FTSE Developed Markets ETF | 16.51% | 19.12% | 9.96% | 14.40% | -10.10% | 20.02% | 0.67% | 25.39% | -10.74% | 0.61% |
Correlation
The correlation between VGVE.DE and VEA is 0.58, 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 | 0.58 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.56 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.59 |
Correlation (All Time) Calculated using the full available price history since Oct 27, 2017 | 0.63 |
The correlation between VGVE.DE and VEA has been stable across timeframes, ranging from 0.56 to 0.63 - a consistent structural relationship.
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Return for Risk
VGVE.DE vs. VEA — Risk / Return Rank
VGVE.DE
VEA
VGVE.DE vs. VEA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard FTSE Developed World UCITS ETF Distributing (VGVE.DE) and Vanguard FTSE Developed Markets ETF (VEA). 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.
| VGVE.DE | VEA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.12 | ||
| Sortino ratioReturn per unit of downside risk | +0.25 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.41 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 4.15 | 3.04 | +1.10 |
| Martin ratioReturn relative to average drawdown | 17.12 | 12.86 | +4.26 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| VGVE.DE | VEA | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.32 | 2.19 | +0.12 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.91 | 0.76 | +0.15 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.62 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.79 | 0.33 | +0.46 |
Drawdowns
VGVE.DE vs. VEA - Drawdown Comparison
The maximum VGVE.DE drawdown since its inception was -33.63%, smaller than the maximum VEA drawdown of -55.05%. Use the drawdown chart below to compare losses from any high point for VGVE.DE and VEA.
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Drawdown Indicators
| VGVE.DE | VEA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.63% | -55.05% | +21.42% |
Max Drawdown (1Y)Largest decline over 1 year | -6.27% | -9.87% | +3.60% |
Max Drawdown (3Y)Largest decline over 3 years | -21.26% | -15.68% | -5.58% |
Max Drawdown (5Y)Largest decline over 5 years | -21.26% | -17.30% | -3.96% |
Max Drawdown (10Y)Largest decline over 10 years | — | -34.68% | — |
Current DrawdownCurrent decline from peak | -0.58% | -0.53% | -0.05% |
Average DrawdownAverage peak-to-trough decline | -4.35% | -10.63% | +6.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.52% | 2.33% | -0.81% |
Volatility
VGVE.DE vs. VEA - Volatility Comparison
The current volatility for Vanguard FTSE Developed World UCITS ETF Distributing (VGVE.DE) is 2.88%, while Vanguard FTSE Developed Markets ETF (VEA) has a volatility of 4.55%. This indicates that VGVE.DE experiences smaller price fluctuations and is considered to be less risky than VEA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VGVE.DE | VEA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.88% | 4.55% | -1.67% |
Volatility (6M)Calculated over the trailing 6-month period | 7.93% | 11.54% | -3.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.23% | 13.69% | -2.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.00% | 14.02% | -0.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.63% | 16.09% | -0.46% |
VGVE.DE vs. VEA - Expense Ratio Comparison
VGVE.DE has a 0.12% expense ratio, which is higher than VEA's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
VGVE.DE vs. VEA - Dividend Comparison
VGVE.DE's dividend yield for the trailing twelve months is around 1.06%, less than VEA's 2.61% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VEA Vanguard FTSE Developed Markets ETF | 2.61% | 3.22% | 3.35% | 3.15% | 2.91% | 3.16% | 2.04% | 3.04% | 3.35% | 2.77% | 3.05% | 2.92% |
VGVE.DE Vanguard FTSE Developed World UCITS ETF Distributing | 1.06% | 1.22% | 1.36% | 1.59% | 1.93% | 1.22% | 1.40% | 1.67% | 1.95% | 0.34% | 0.00% | 0.00% |
Frequently Asked Questions
VGVE.DE and VEA have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VEA is cheaper at 0.03% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VEA is cheaper with a 0.03% expense ratio, compared with 0.12% for VGVE.DE.
VGVE.DE is categorized as Global Equities, while VEA is Foreign Large Cap Equities. VGVE.DE tracks FTSE Developed, while VEA tracks FTSE Developed All Cap ex US Index. Their fees differ too: 0.12% for VGVE.DE and 0.03% for VEA.
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