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VHYL.AS vs. IMEU.AS
Performance
Return for Risk
Drawdowns
Volatility
Dividends

VHYL.AS vs. IMEU.AS

Last updated Jun 5, 2026

VHYL.AS (Vanguard FTSE All-World High Dividend Yield UCITS ETF - (USD) Distributing) and IMEU.AS (iShares Core MSCI Europe UCITS ETF EUR (Dist)) are both exchange-traded funds - VHYL.AS is a Global Equities fund tracking the FTSE All-World High Dividend Yield Index, while IMEU.AS is a Europe Equities fund tracking the MSCI Europe NR EUR. Both are passively managed. Over the past 10 years, VHYL.AS returned 9.66%/yr vs 9.17%/yr for IMEU.AS. Their correlation of 0.86 suggests significant overlap in exposure. VHYL.AS charges 0.29%/yr vs 1.00%/yr for IMEU.AS.

Performance

VHYL.AS vs. IMEU.AS - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Vanguard FTSE All-World High Dividend Yield UCITS ETF - (USD) Distributing (VHYL.AS) and iShares Core MSCI Europe UCITS ETF EUR (Dist) (IMEU.AS). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, VHYL.AS achieves a 12.61% return, which is significantly higher than IMEU.AS's 7.51% return. Over the past 10 years, VHYL.AS has outperformed IMEU.AS with an annualized return of 9.66%, while IMEU.AS has yielded a comparatively lower 9.17% annualized return.

VHYL.AS

1D
0.20%
1M
3.45%
YTD
12.61%
6M
14.16%
1Y
25.03%
3Y*
15.90%
5Y*
11.50%
10Y*
9.66%

IMEU.AS

1D
0.58%
1M
3.43%
YTD
7.51%
6M
9.86%
1Y
16.05%
3Y*
13.72%
5Y*
9.98%
10Y*
9.17%
*Multi-year figures are annualized to reflect compound growth (CAGR)

VHYL.AS vs. IMEU.AS - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
VHYL.AS
Vanguard FTSE All-World High Dividend Yield UCITS ETF - (USD) Distributing		12.61%12.40%16.77%7.02%0.17%27.85%-8.79%22.93%-7.01%4.82%
IMEU.AS
iShares Core MSCI Europe UCITS ETF EUR (Dist)		7.51%19.89%8.97%15.72%-9.15%25.73%-3.22%25.57%-9.62%10.04%

Correlation

The correlation between VHYL.AS and IMEU.AS is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.82

Correlation (3Y)
Calculated over the trailing 3-year period

0.78

Correlation (5Y)
Calculated over the trailing 5-year period

0.79

Correlation (10Y)
Calculated over the trailing 10-year period

0.84

Correlation (All Time)
Calculated using the full available price history since Jun 6, 2013

0.86

The correlation between VHYL.AS and IMEU.AS has been stable across timeframes, ranging from 0.78 to 0.86 - a consistent structural relationship.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Vanguard FTSE All-World High Dividend Yield UCITS ETF - (USD) Distributing

iShares Core MSCI Europe UCITS ETF EUR (Dist)

Often compared with VHYL.AS:
VHYL.AS vs. VWRL.LVHYL.AS vs. VHYG.LVHYL.AS vs. SCHDVHYL.AS vs. VGWD.DEVHYL.AS vs. TDIV.ASVHYL.AS vs. VUSA.ASVHYL.AS vs. TDGB.L
Often compared with IMEU.AS:
IMEU.AS vs. CSPX.LIMEU.AS vs. QQQMIMEU.AS vs. VUAA.LIMEU.AS vs. IEMU.LIMEU.AS vs. VEUR.ASIMEU.AS vs. VIDY.TOIMEU.AS vs. VOO

Return for Risk

VHYL.AS vs. IMEU.AS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
VHYL.AS
VHYL.AS Risk / Return Rank: 8383
Overall Rank
VHYL.AS Sharpe Ratio Rank: 8484
Sharpe Ratio Rank
VHYL.AS Sortino Ratio Rank: 8686
Sortino Ratio Rank
VHYL.AS Omega Ratio Rank: 8484
Omega Ratio Rank
VHYL.AS Calmar Ratio Rank: 8181
Calmar Ratio Rank
VHYL.AS Martin Ratio Rank: 8181
Martin Ratio Rank
IMEU.AS
IMEU.AS Risk / Return Rank: 3636
Overall Rank
IMEU.AS Sharpe Ratio Rank: 3535
Sharpe Ratio Rank
IMEU.AS Sortino Ratio Rank: 3636
Sortino Ratio Rank
IMEU.AS Omega Ratio Rank: 3737
Omega Ratio Rank
IMEU.AS Calmar Ratio Rank: 3434
Calmar Ratio Rank
IMEU.AS Martin Ratio Rank: 4040
Martin Ratio Rank
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.

VHYL.AS vs. IMEU.AS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard FTSE All-World High Dividend Yield UCITS ETF - (USD) Distributing (VHYL.AS) and iShares Core MSCI Europe UCITS ETF EUR (Dist) (IMEU.AS). 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.

VHYL.ASIMEU.ASDifference
Sharpe ratioReturn per unit of total volatility
2.71
1.25

+1.46

Sortino ratioReturn per unit of downside risk
3.81
1.84

+1.97

Omega ratioGain probability vs. loss probability

1.51

1.24

+0.27

Calmar ratioReturn relative to maximum drawdown

4.17

1.67

+2.50

Martin ratioReturn relative to average drawdown

15.90

6.28

+9.63

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VHYL.AS vs. IMEU.AS - Sharpe Ratio Comparison

The current VHYL.AS Sharpe Ratio is 2.71, which is higher than the IMEU.AS Sharpe Ratio of 1.25. The chart below compares the historical Sharpe Ratios of VHYL.AS and IMEU.AS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

VHYL.ASIMEU.ASDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.71

1.25

+1.46

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.98

0.70

+0.28

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.70

0.58

+0.12

Sharpe Ratio (All Time)

Calculated using the full available price history

0.66

0.30

+0.35

Drawdowns

VHYL.AS vs. IMEU.AS - Drawdown Comparison

The maximum VHYL.AS drawdown since its inception was -34.08%, smaller than the maximum IMEU.AS drawdown of -57.85%. Use the drawdown chart below to compare losses from any high point for VHYL.AS and IMEU.AS.

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Drawdown Indicators

VHYL.ASIMEU.ASDifference

Max Drawdown

Largest peak-to-trough decline

-34.08%

-57.85%

+23.77%

Max Drawdown (1Y)

Largest decline over 1 year

-5.93%

-9.49%

+3.56%

Max Drawdown (3Y)

Largest decline over 3 years

-16.76%

-16.34%

-0.42%

Max Drawdown (5Y)

Largest decline over 5 years

-16.76%

-19.26%

+2.50%

Max Drawdown (10Y)

Largest decline over 10 years

-34.08%

-35.73%

+1.65%

Current Drawdown

Current decline from peak

-0.24%

-1.65%

+1.41%

Average Drawdown

Average peak-to-trough decline

-4.34%

-11.91%

+7.57%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.56%

2.53%

-0.97%

Volatility

VHYL.AS vs. IMEU.AS - Volatility Comparison

The current volatility for Vanguard FTSE All-World High Dividend Yield UCITS ETF - (USD) Distributing (VHYL.AS) is 2.22%, while iShares Core MSCI Europe UCITS ETF EUR (Dist) (IMEU.AS) has a volatility of 4.39%. This indicates that VHYL.AS experiences smaller price fluctuations and is considered to be less risky than IMEU.AS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

VHYL.ASIMEU.ASDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.22%

4.39%

-2.17%

Volatility (6M)

Calculated over the trailing 6-month period

6.95%

10.54%

-3.59%

Volatility (1Y)

Calculated over the trailing 1-year period

9.10%

12.70%

-3.60%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

11.57%

14.05%

-2.48%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

13.59%

15.55%

-1.96%

VHYL.AS vs. IMEU.AS - Expense Ratio Comparison

VHYL.AS has a 0.29% expense ratio, which is lower than IMEU.AS's 1.00% expense ratio.

Dividends

VHYL.AS vs. IMEU.AS - Dividend Comparison

VHYL.AS's dividend yield for the trailing twelve months is around 2.49%, less than IMEU.AS's 2.54% yield.

PositionTTM20252024202320222021202020192018201720162015
IMEU.AS
iShares Core MSCI Europe UCITS ETF EUR (Dist)		2.54%2.55%2.87%2.88%2.93%2.25%2.08%3.06%3.23%2.64%2.85%2.67%
VHYL.AS
Vanguard FTSE All-World High Dividend Yield UCITS ETF - (USD) Distributing		2.49%2.85%3.03%3.40%3.78%3.03%3.08%3.24%3.68%3.13%3.02%3.25%

Frequently Asked Questions

VHYL.AS and IMEU.AS have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, VHYL.AS is cheaper at 0.29% per year. The better choice depends on whether you care most about return, fees, risk, or income.

VHYL.AS is cheaper with a 0.29% expense ratio, compared with 1.00% for IMEU.AS.

VHYL.AS is categorized as Global Equities, while IMEU.AS is Europe Equities. VHYL.AS tracks FTSE All-World High Dividend Yield Index, while IMEU.AS tracks MSCI Europe NR EUR. They also come from different issuers: Vanguard and iShares. Their fees differ too: 0.29% for VHYL.AS and 1.00% for IMEU.AS.

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