VUKG.L vs. FASEX

Last updated Jun 5, 2026

VUKG.L (Vanguard FTSE 100 UCITS ETF (GBP) Accumulating) and FASEX (Nuveen Mid Cap Value Fund) are both funds - VUKG.L is a Europe Equities fund tracking the FTSE AllSh TR GBP, while FASEX is a Mid Cap Value Equities fund managed by Nuveen. Over the past 5 years, VUKG.L returned 11.75%/yr vs 10.39%/yr for FASEX. At a 0.42 correlation, their price movements are largely independent. VUKG.L charges 0.09%/yr vs 1.16%/yr for FASEX.

Performance

VUKG.L vs. FASEX - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Vanguard FTSE 100 UCITS ETF (GBP) Accumulating (VUKG.L) and Nuveen Mid Cap Value Fund (FASEX). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

VUKG.L is traded in GBP, while FASEX is traded in USD. To make them comparable, the FASEX values have been converted to GBP using the latest available exchange rates.

Returns By Period

In the year-to-date period, VUKG.L achieves a 5.56% return, which is significantly lower than FASEX's 17.88% return.

VUKG.L

• 1D: 0.38%
• 1M: 1.75%
• YTD: 5.56%
• 6M: 8.02%
• 1Y: 21.09%
• 3Y*: 14.77%
• 5Y*: 11.75%
• 10Y*: —

FASEX

• 1D: 0.21%
• 1M: 2.71%
• YTD: 17.88%
• 6M: 16.28%
• 1Y: 32.77%
• 3Y*: 13.73%
• 5Y*: 10.39%
• 10Y*: 11.83%

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

VUKG.L vs. FASEX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
VUKG.L Vanguard FTSE 100 UCITS ETF (GBP) Accumulating	5.56%	26.12%	9.40%	7.20%	5.51%	17.39%	-11.57%	7.70%
FASEX Nuveen Mid Cap Value Fund	17.88%	1.87%	12.33%	8.49%	-0.00%	36.12%	-1.78%	9.25%

Correlation

The correlation between VUKG.L and FASEX is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.41
Correlation (3Y) Calculated over the trailing 3-year period	0.37
Correlation (5Y) Calculated over the trailing 5-year period	0.38
Correlation (All Time) Calculated using the full available price history since May 15, 2019	0.42

Return for Risk

VUKG.L vs. FASEX — Risk / Return Rank

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

VUKG.L

VUKG.L Risk / Return Rank: 56
VUKG.L Sharpe Ratio Rank: 59
VUKG.L Sortino Ratio Rank: 59
VUKG.L Omega Ratio Rank: 62
VUKG.L Calmar Ratio Rank: 49
VUKG.L Martin Ratio Rank: 48

FASEX

FASEX Risk / Return Rank: 66
FASEX Sharpe Ratio Rank: 57
FASEX Sortino Ratio Rank: 57
FASEX Omega Ratio Rank: 50
FASEX Calmar Ratio Rank: 86
FASEX Martin Ratio Rank: 82

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.

VUKG.L vs. FASEX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard FTSE 100 UCITS ETF (GBP) Accumulating (VUKG.L) and Nuveen Mid Cap Value Fund (FASEX). 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.

	VUKG.L	FASEX	Difference
Sharpe ratio: Return per unit of total volatility	1.95	2.39	-0.44
Sortino ratio: Return per unit of downside risk	2.75	3.23	-0.48
Omega ratio: Gain probability vs. loss probability	1.37	1.41	-0.04
Calmar ratio: Return relative to maximum drawdown	2.40	4.71	-2.31
Martin ratio: Return relative to average drawdown	7.96	17.99	-10.04
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VUKG.L vs. FASEX - Sharpe Ratio Comparison

The current VUKG.L Sharpe Ratio is 1.95, which is comparable to the FASEX Sharpe Ratio of 2.39. The chart below compares the historical Sharpe Ratios of VUKG.L and FASEX, 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

	VUKG.L	FASEX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.95	2.39	-0.44
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.92	0.62	+0.30
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.60	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.56	0.48	+0.08

Drawdowns

VUKG.L vs. FASEX - Drawdown Comparison

The maximum VUKG.L drawdown since its inception was -34.32%, smaller than the maximum FASEX drawdown of -37.65%. Use the drawdown chart below to compare losses from any high point for VUKG.L and FASEX.

Drawdown Indicators

	VUKG.L	FASEX	Difference
Max Drawdown Largest peak-to-trough decline	-34.32%	-37.65%	+3.33%
Max Drawdown (1Y) Largest decline over 1 year	-8.74%	-6.68%	-2.06%
Max Drawdown (3Y) Largest decline over 3 years	-13.03%	-23.74%	+10.71%
Max Drawdown (5Y) Largest decline over 5 years	-13.03%	-23.74%	+10.71%
Max Drawdown (10Y) Largest decline over 10 years	—	-37.65%	—
Current Drawdown Current decline from peak	-4.16%	0.00%	-4.16%
Average Drawdown Average peak-to-trough decline	-4.73%	-6.97%	+2.24%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.64%	1.75%	+0.89%

Volatility

VUKG.L vs. FASEX - Volatility Comparison

Vanguard FTSE 100 UCITS ETF (GBP) Accumulating (VUKG.L) and Nuveen Mid Cap Value Fund (FASEX) have volatilities of 3.86% and 3.82%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VUKG.L	FASEX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.86%	3.82%	+0.04%
Volatility (6M) Calculated over the trailing 6-month period	9.35%	9.70%	-0.35%
Volatility (1Y) Calculated over the trailing 1-year period	10.74%	13.20%	-2.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.75%	16.94%	-4.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.13%	19.86%	-3.73%

VUKG.L vs. FASEX - Expense Ratio Comparison

VUKG.L has a 0.09% expense ratio, which is lower than FASEX's 1.16% expense ratio.

Dividends

VUKG.L vs. FASEX - Dividend Comparison

VUKG.L has not paid dividends to shareholders, while FASEX's dividend yield for the trailing twelve months is around 12.50%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FASEX Nuveen Mid Cap Value Fund	12.50%	14.67%	5.29%	3.12%	6.32%	4.02%	1.06%	0.89%	4.48%	7.93%	3.67%	3.49%
VUKG.L Vanguard FTSE 100 UCITS ETF (GBP) Accumulating	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both VUKG.L and FASEX in my portfolio?

VUKG.L and FASEX have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.