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VEA vs VEU: Performance & Backtest Comparison
VEA delivered the higher return - 5.28% CAGR vs 5.07% - over 2007-08-31 → 2026-06-30.
Growth comparison
Drawdown
Annual returns
| VEA | VEU | |
|---|---|---|
| Name | Vanguard FTSE Developed Markets ETF | Vanguard FTSE All World Ex US ETF |
| CAGR | 5.28% | 5.07% |
| Total return | 164.53% | 154.99% |
| Volatility | 17.84% | 17.99% |
| Max drawdown | -57.05%Feb 2009 | -58.39%Feb 2009 |
| Sharpe | 0.30 | 0.29 |
| Sortino | 0.42 | 0.40 |
| Best year | 35.17% | 37.61% |
| Worst year | -40.62% | -43.43% |
| Final balance | $26,453 | $25,499 |
Correlation of monthly returns: 0.99. Wondering if you need both? Check their fund overlap →
All figures are total returns: every dividend and distribution is reinvested on its ex-date, and prices are split-adjusted. See the methodology.
Frequently asked questions
Which has performed better, VEA or VEU?
Over 2007-08-31 to 2026-06-30, VEA performed better: 5.28% annualized versus 5.07% for VEU, with dividends reinvested. Past performance does not guarantee future results.
How similar are VEA and VEU?
Their monthly returns have a correlation of 0.99 over the common period. VEA is Vanguard FTSE Developed Markets ETF; VEU is Vanguard FTSE All World Ex US ETF.
Which is riskier, VEA or VEU?
Over the common period VEA had 17.84% annualized volatility and a -57.05% max drawdown, versus 17.99% and -58.39% for VEU.