Grow it · ETFs

IEU vs VEQ

Compare fees, returns, income and risk for these 2 ASX-listed ETFs side by side.

At a glance

Comparing IEU and VEQ. VEQ has the lower management fee at 0.35% a year, IEU has the higher 10 years return at 10.1% a year, and IEU offers the higher at 8.44%.
Lower fee
VEQ 0.35% p.a.
Higher 10 years return
IEU 10.1% p.a.
Higher yield
IEU 8.44%
Higher risk-adjusted
IEU Sharpe 0.68 (10y)
Lower volatility
IEU 12% (10y)
Larger fund
IEU $1.2bn

Side-by-side comparison

Metric IEU
iShares Europe ETF
VEQ
Vanguard FTSE Europe Shares ETF
Snapshot
Provider
iShares
Vanguard
Tracks index
S&P Europe 350 Index
FTSE Developed Europe All Cap Index
Categories
Intl, Large-Cap, Market-Cap
Intl, Market-Cap
Listed since
2015 (11 yrs)
Fund size (AUM)
$1.2bn
$633m
Cost & income
Management fee
0.59%
0.35%
Dividend yield
8.44%
2.18%
Franking
0%
0%
Turnover
4%
Tax drag 2.7% 0.79%
Returns
Tax bracket
1-year return
12.9%
net
12.3%
net
3-year return
13.8%
net
13.8%
net
5-year return
10.2%
net
9.5%
net
10-year return
10.1%
net
10%
net
Risk
Volatility (3y)
9.3%
8.9%
Volatility (5y)
11.8%
11.9%
Volatility (10y)
12%
12.2%
Sharpe ratio (3y)
1
1.04
Sharpe ratio (5y)
0.62
0.56
Sharpe ratio (10y)
0.68
0.66
Bid/ask spread

marks the strongest fund in each row. “net” shows the after-tax return at your selected bracket. “—” means we don’t have that data point yet.

Each fund at a glance

IEU iShares Europe ETF
  • High 8.44% income yield — good for investors who want regular cash flow.
  • Pricier than similar ETFs, which average around 0.48%.
VEQ Vanguard FTSE Europe Shares ETF
  • Low-cost: a 0.35% management fee keeps more of the return in your pocket.
  • Cheaper alternatives exist: VEU and IVE.

Frequently Asked Questions

What's the difference between IEU vs VEQ?

IEU and VEQ are 2 Australian-listed ETFs we compare side by side. VEQ carries the lower management fee (0.35%). Over 10 years, IEU has delivered the higher total return (10.1% a year). The table above breaks down fees, returns, income and risk for each.

Which has the lower fees - IEU vs VEQ?

VEQ has the lower management fee at 0.35% a year, versus IEU 0.59%.

Which has performed higher - IEU vs VEQ?

Over the past 10 years, IEU has delivered the higher total return at 10.1% a year. Past performance is not a reliable indicator of future returns.

Which pays the higher dividend yield?

IEU pays the higher at 8.44%. Remember distributions are taxed each year at your marginal rate.

Which is the larger and most liquid?

IEU is the larger fund by assets ($1.2bn). Larger funds are typically more liquid and trade on tighter spreads.

Related comparisons

General information only, generated from each fund's published data — not personal financial advice. Past performance is not a reliable indicator of future returns. Consider your own circumstances or seek licensed advice before investing.

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