VEUR: Vanguard FTSE Developed Europe UCITS ETF (Dist) returns, drawdowns and risk
Funds on European stocks: the whole region, the eurozone or single countries.
Data updated October 2026
VEUR · Borsa Italiana · EURCategory: Europe ETFsData from January 2019
From January 2019 to October 2026 VEUR returned 8.0% a year on average with dividends reinvested, in euros: €10,000 invested at the start grew to €18,213.
Its deepest fall was 35.2%, from February 2020 to March 2020, and it took about 14 months to get back to the previous high. Annual volatility was 16.9%; at the last close it was 3.0% below its high.
Against VWCE (Vanguard FTSE All-World UCITS ETF (Acc)), over the 87 months both have data, the correlation of monthly returns was 0.82: they usually moved together. Beta was 0.94. In months when VWCE rose, VEUR moved 80% as much on average; in months when VWCE fell, 96% as much.
Key figures
- Annual return (CAGR)
- +8.0%
- 1-year return
- +14.7%
- 5 years, a year
- +7.0%
- 10 years, a year
- —
- Annual volatility
- 16.9%
- Maximum drawdown
- −35.2%
- Sharpe ratio
- 0.49
- Worst year
- 2022: −13.1%
Trailing returns
| Period | VEUR | VWCE |
|---|---|---|
| 1 year | +14.7% | +22.0% |
| 3 years, a year | +15.0% | +19.5% |
| 5 years, a year | +7.0% | +11.5% |
To the last close of October 2026. Periods longer than a year are annualised.
Growth of €10,000: VEUR vs VWCE
Month-end values from August 2019, the first month both funds have data.
VEUR drawdowns
Percentage below the previous high, weekly.
Returns by calendar year
| Year | VEUR | VWCE |
|---|---|---|
| 2026(partial) | +10.5% | +17.5% |
| 2025 | +18.6% | +9.2% |
| 2024 | +5.9% | +24.4% |
| 2023 | +12.7% | +18.2% |
| 2022 | −13.2% | −13.5% |
| 2021 | +21.7% | +28.6% |
| 2020 | −4.9% | +5.4% |
| 2019(partial) | +15.8% | — |
VEUR compared
How the figures are calculated
Total return in the fund’s trading currency, from end-of-day prices with dividends reinvested on the ex-date. The fund’s own ongoing charges are already reflected in its price; trading costs, taxes and currency conversion are not included. Past returns do not predict future returns.
Sharpe ratio uses the return of short-term government bills in the same currency as the risk-free rate. The growth chart uses month-end values; drawdowns and volatility use daily closes.
Questions
What is the average annual return of VEUR?
From January 2019 to October 2026 VEUR returned 8.0% a year on average (CAGR) with dividends reinvested, in EUR. Over the last 5 years: +7.0% a year. Over the last 12 months: +14.7%.
What was the worst drawdown of VEUR?
35.2%, from February 2020 to March 2020; it took about 14 months from the previous high to get back to it.
How volatile is VEUR?
Annual volatility was 16.9% over the period. Its worst month was −14.7% and 62% of months were positive. Worst calendar year: 2022 (−13.1%).
How closely does VEUR follow VWCE?
Over 87 months the correlation of monthly returns was 0.82, so they usually moved together, with a beta of 0.94.
Use VEUR in a free tool
Other Europe ETFs
- All Europe ETFsReturns and risk side by side
- VGK — Vanguard FTSE Europe ETFCAGR +12.6%
- MEUD — Amundi Stoxx Europe 600 UCITS ETF AccCAGR +7.8%
- EXSA — iShares STOXX Europe 600 UCITS ETF (DE)CAGR +6.0%
- EZU — iShares MSCI Eurozone ETFCAGR +4.3%
- EXS1 — iShares Core DAX UCITS ETF (DE)CAGR +8.1%
- EWU — iShares MSCI United Kingdom ETFCAGR +6.4%
- EWQ — iShares MSCI France ETFCAGR +4.3%
- EWI — iShares MSCI Italy ETFCAGR +4.7%
Source: MarketStack end-of-day prices, total return with dividends reinvested. Figures are historical and descriptive; they are not forecasts and not investment advice. MEDGE Capital does not recommend buying or selling any instrument. Risk disclaimer.