VGVE.DE vs. VFEA.DE

Last updated Jun 5, 2026

VGVE.DE (Vanguard FTSE Developed World UCITS ETF Distributing) and VFEA.DE (Vanguard FTSE Emerging Markets UCITS ETF Acc) are both exchange-traded funds - VGVE.DE is a Global Equities fund tracking the FTSE Developed, while VFEA.DE is a Emerging Markets Equities fund tracking the FTSE Emerging. Both are passively managed. Over the past 5 years, VGVE.DE returned 12.95%/yr vs 5.93%/yr for VFEA.DE. A 0.65 correlation means they provide meaningful diversification when combined. VGVE.DE charges 0.12%/yr vs 0.22%/yr for VFEA.DE.

Performance

VGVE.DE vs. VFEA.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Vanguard FTSE Developed World UCITS ETF Distributing (VGVE.DE) and Vanguard FTSE Emerging Markets UCITS ETF Acc (VFEA.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with VGVE.DE having a 12.54% return and VFEA.DE slightly higher at 12.59%.

VGVE.DE

• 1D: -0.18%
• 1M: 5.25%
• YTD: 12.54%
• 6M: 13.19%
• 1Y: 26.14%
• 3Y*: 18.04%
• 5Y*: 12.95%
• 10Y*: —

VFEA.DE

• 1D: -0.47%
• 1M: 2.09%
• YTD: 12.59%
• 6M: 13.26%
• 1Y: 26.84%
• 3Y*: 15.02%
• 5Y*: 5.93%
• 10Y*: —

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

VGVE.DE vs. VFEA.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
VGVE.DE Vanguard FTSE Developed World UCITS ETF Distributing	12.54%	8.78%	24.92%	19.91%	-13.71%	31.39%	5.44%	6.60%
VFEA.DE Vanguard FTSE Emerging Markets UCITS ETF Acc	12.59%	11.25%	19.29%	3.31%	-10.70%	6.34%	3.46%	9.82%

Correlation

The correlation between VGVE.DE and VFEA.DE is 0.72, 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	0.72
Correlation (3Y) Calculated over the trailing 3-year period	0.63
Correlation (5Y) Calculated over the trailing 5-year period	0.60
Correlation (All Time) Calculated using the full available price history since Sep 27, 2019	0.65

The correlation between VGVE.DE and VFEA.DE shifts across timeframes, from 0.60 (5 years) to 0.72 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

VGVE.DE vs. VFEA.DE — Risk / Return Rank

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

VGVE.DE

VGVE.DE Risk / Return Rank: 77
VGVE.DE Sharpe Ratio Rank: 72
VGVE.DE Sortino Ratio Rank: 72
VGVE.DE Omega Ratio Rank: 75
VGVE.DE Calmar Ratio Rank: 81
VGVE.DE Martin Ratio Rank: 84

VFEA.DE

VFEA.DE Risk / Return Rank: 58
VFEA.DE Sharpe Ratio Rank: 54
VFEA.DE Sortino Ratio Rank: 55
VFEA.DE Omega Ratio Rank: 53
VFEA.DE Calmar Ratio Rank: 65
VFEA.DE Martin Ratio Rank: 61

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.

VGVE.DE vs. VFEA.DE - 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 Emerging Markets UCITS ETF Acc (VFEA.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.

	VGVE.DE	VFEA.DE	Difference
Sharpe ratio: Return per unit of total volatility	2.32	1.82	+0.50
Sortino ratio: Return per unit of downside risk	3.24	2.60	+0.63
Omega ratio: Gain probability vs. loss probability	1.44	1.33	+0.11
Calmar ratio: Return relative to maximum drawdown	4.15	3.17	+0.98
Martin ratio: Return relative to average drawdown	17.12	10.71	+6.41
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VGVE.DE vs. VFEA.DE - Sharpe Ratio Comparison

The current VGVE.DE Sharpe Ratio is 2.32, which is comparable to the VFEA.DE Sharpe Ratio of 1.82. The chart below compares the historical Sharpe Ratios of VGVE.DE and VFEA.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

	VGVE.DE	VFEA.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.32	1.82	+0.50
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.91	0.37	+0.54
Sharpe Ratio (All Time) Calculated using the full available price history	0.79	0.43	+0.36

Drawdowns

VGVE.DE vs. VFEA.DE - Drawdown Comparison

The maximum VGVE.DE drawdown since its inception was -33.63%, which is greater than VFEA.DE's maximum drawdown of -30.51%. Use the drawdown chart below to compare losses from any high point for VGVE.DE and VFEA.DE.

Drawdown Indicators

	VGVE.DE	VFEA.DE	Difference
Max Drawdown Largest peak-to-trough decline	-33.63%	-30.51%	-3.12%
Max Drawdown (1Y) Largest decline over 1 year	-6.27%	-8.44%	+2.17%
Max Drawdown (3Y) Largest decline over 3 years	-21.26%	-18.97%	-2.29%
Max Drawdown (5Y) Largest decline over 5 years	-21.26%	-19.99%	-1.27%
Current Drawdown Current decline from peak	-0.58%	-1.85%	+1.27%
Average Drawdown Average peak-to-trough decline	-4.35%	-8.59%	+4.24%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.52%	2.50%	-0.98%

Volatility

VGVE.DE vs. VFEA.DE - Volatility Comparison

The current volatility for Vanguard FTSE Developed World UCITS ETF Distributing (VGVE.DE) is 2.88%, while Vanguard FTSE Emerging Markets UCITS ETF Acc (VFEA.DE) has a volatility of 5.45%. This indicates that VGVE.DE experiences smaller price fluctuations and is considered to be less risky than VFEA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VGVE.DE	VFEA.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.88%	5.45%	-2.57%
Volatility (6M) Calculated over the trailing 6-month period	7.93%	11.82%	-3.89%
Volatility (1Y) Calculated over the trailing 1-year period	11.23%	14.70%	-3.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.00%	15.69%	-1.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.63%	18.20%	-2.57%

VGVE.DE vs. VFEA.DE - Expense Ratio Comparison

VGVE.DE has a 0.12% expense ratio, which is lower than VFEA.DE's 0.22% 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%.

Dividends

VGVE.DE vs. VFEA.DE - Dividend Comparison

VGVE.DE's dividend yield for the trailing twelve months is around 1.06%, while VFEA.DE has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
VFEA.DE Vanguard FTSE Emerging Markets UCITS ETF Acc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
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%

Frequently Asked Questions

Can I hold both VGVE.DE and VFEA.DE in my portfolio?

VGVE.DE and VFEA.DE have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, VGVE.DE or VFEA.DE?

On fees, VGVE.DE is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, VGVE.DE or VFEA.DE?

VGVE.DE is cheaper with a 0.12% expense ratio, compared with 0.22% for VFEA.DE.

What is the main difference between VGVE.DE and VFEA.DE?

VGVE.DE is categorized as Global Equities, while VFEA.DE is Emerging Markets Equities. VGVE.DE tracks FTSE Developed, while VFEA.DE tracks FTSE Emerging. Their fees differ too: 0.12% for VGVE.DE and 0.22% for VFEA.DE.