VIAAX vs. VEURX
VIAAX (Vanguard International Dividend Appreciation Index Fund Admiral Shares) and VEURX (Vanguard European Stock Index Fund) are both mutual funds - VIAAX is a Foreign Large Cap Equities fund managed by Vanguard, while VEURX is a Europe Equities fund managed by Vanguard. Over the past 10 years, VIAAX returned 7.89%/yr vs 9.22%/yr for VEURX. Their correlation of 0.90 suggests significant overlap in exposure. VIAAX charges 0.16%/yr vs 0.25%/yr for VEURX.
Performance
VIAAX vs. VEURX - Performance Comparison
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Returns By Period
In the year-to-date period, VIAAX achieves a 3.86% return, which is significantly lower than VEURX's 7.02% return. Over the past 10 years, VIAAX has underperformed VEURX with an annualized return of 7.89%, while VEURX has yielded a comparatively higher 9.22% annualized return.
VIAAX
- 1D
- 0.09%
- 1M
- 2.87%
- YTD
- 3.86%
- 6M
- 5.05%
- 1Y
- 7.28%
- 3Y*
- 10.13%
- 5Y*
- 4.75%
- 10Y*
- 7.89%
VEURX
- 1D
- 0.42%
- 1M
- 3.95%
- YTD
- 7.02%
- 6M
- 10.05%
- 1Y
- 19.45%
- 3Y*
- 16.71%
- 5Y*
- 8.54%
- 10Y*
- 9.22%
VIAAX vs. VEURX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VIAAX Vanguard International Dividend Appreciation Index Fund Admiral Shares | 3.86% | 16.83% | 2.60% | 16.07% | -16.66% | 12.36% | 15.10% | 26.99% | -11.32% | 27.83% |
VEURX Vanguard European Stock Index Fund | 7.02% | 35.20% | 1.88% | 19.83% | -16.16% | 16.14% | 6.29% | 24.02% | -14.88% | 26.81% |
Correlation
The correlation between VIAAX and VEURX is 0.86, 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 | 0.86 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.89 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.91 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.90 |
Correlation (All Time) Calculated using the full available price history since Mar 8, 2016 | 0.90 |
The correlation between VIAAX and VEURX has been stable across timeframes, ranging from 0.86 to 0.91 - a consistent structural relationship.
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Return for Risk
VIAAX vs. VEURX — Risk / Return Rank
VIAAX
VEURX
VIAAX vs. VEURX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard International Dividend Appreciation Index Fund Admiral Shares (VIAAX) and Vanguard European Stock Index Fund (VEURX). 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.
| VIAAX | VEURX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.74 | ||
| Sortino ratioReturn per unit of downside risk | -1.02 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.22 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 0.60 | 1.55 | -0.95 |
| Martin ratioReturn relative to average drawdown | 2.09 | 5.72 | -3.63 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| VIAAX | VEURX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.48 | 1.22 | -0.74 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.34 | 0.49 | -0.15 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.52 | 0.51 | +0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.56 | 0.38 | +0.18 |
Drawdowns
VIAAX vs. VEURX - Drawdown Comparison
The maximum VIAAX drawdown since its inception was -30.78%, smaller than the maximum VEURX drawdown of -63.33%. Use the drawdown chart below to compare losses from any high point for VIAAX and VEURX.
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Drawdown Indicators
| VIAAX | VEURX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.78% | -63.33% | +32.55% |
Max Drawdown (1Y)Largest decline over 1 year | -10.52% | -11.97% | +1.45% |
Max Drawdown (3Y)Largest decline over 3 years | -14.38% | -13.97% | -0.41% |
Max Drawdown (5Y)Largest decline over 5 years | -28.59% | -32.81% | +4.22% |
Max Drawdown (10Y)Largest decline over 10 years | -30.78% | -37.03% | +6.25% |
Current DrawdownCurrent decline from peak | -1.57% | -1.19% | -0.38% |
Average DrawdownAverage peak-to-trough decline | -6.14% | -12.67% | +6.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.04% | 3.24% | -0.20% |
Volatility
VIAAX vs. VEURX - Volatility Comparison
The current volatility for Vanguard International Dividend Appreciation Index Fund Admiral Shares (VIAAX) is 2.77%, while Vanguard European Stock Index Fund (VEURX) has a volatility of 5.50%. This indicates that VIAAX experiences smaller price fluctuations and is considered to be less risky than VEURX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VIAAX | VEURX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.77% | 5.50% | -2.73% |
Volatility (6M)Calculated over the trailing 6-month period | 9.99% | 12.52% | -2.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.15% | 15.20% | -2.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.06% | 17.38% | -3.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.18% | 18.23% | -3.05% |
VIAAX vs. VEURX - Expense Ratio Comparison
VIAAX has a 0.16% expense ratio, which is lower than VEURX's 0.25% 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
VIAAX vs. VEURX - Dividend Comparison
VIAAX's dividend yield for the trailing twelve months is around 2.06%, less than VEURX's 2.62% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VEURX Vanguard European Stock Index Fund | 2.62% | 2.70% | 3.44% | 3.00% | 3.07% | 2.90% | 1.97% | 3.14% | 3.77% | 2.55% | 3.35% | 3.09% |
VIAAX Vanguard International Dividend Appreciation Index Fund Admiral Shares | 2.06% | 2.09% | 1.92% | 1.92% | 2.05% | 7.01% | 1.28% | 1.83% | 1.99% | 1.69% | 0.68% | 0.00% |
Frequently Asked Questions
VIAAX and VEURX have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VEURX has higher volatility (5.50%) compared to VIAAX (2.77%). In terms of maximum drawdown, VIAAX dropped -30.78% vs VEURX's -63.33%.
VEURX currently has the higher Sharpe Ratio (1.22 vs 0.48), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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