When holding the Vanguard FTSE Developed Europe All Cap (VE.TO) ETF, how long should you stay invested to have high probability to achieve a positive return?
Over the selected period (~56 years), the longest duration with a negative return was 171 months (from June 1998 to August 2012).
This indicates that, within the same timeframe, any rolling period of 172 months or more has consistently resulted in a positive return.
Understanding this metric is crucial as it highlights the importance of a safe investment horizon. Knowing the minimum duration required to likely see positive returns helps investors set realistic expectations and reinforces the strategy of staying invested through market cycles. This approach can mitigate the emotional reactions to short-term market fluctuations and enhance the likelihood of achieving financial goals.
Vanguard FTSE Developed Europe All Cap (VE.TO) ETF: Historical Returns
Previous vs subsequent Returns
Is there a correlation between past and future returns over all 10-year rolling periods?
The following chart illustrates the relationship between past returns (x-axis) and subsequent returns (y-axis).
Data points are aggregated to show occurrences, and you can zoom in by clicking or drawing over the desired area.
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As of Nov 30, 2025, the annualized return of the previous 10 years has been 8.25%.
Rolling Returns
A rolling return is a measure of investment performance that calculates the return of an investment over a set period of time, with the starting date rolling forward. This approach can provide a more accurate representation of the investment's historical performance and helps investors to evaluate the investment's consistency over time.
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Rolling Period Analysis
By selecting the 'Rolling Period', the chart and data will update. To study a different date range, change the simulation settings.
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| Worst | Median | Best | Negative Periods |
|---|---|---|---|
|
-39.16%
Mar 2008 - Feb 2009 |
+11.48% |
+93.06%
May 1985 - Apr 1986 |
26.67%
176 out of 660 |
|
-44.73%
Oct 1973 - Sep 1974 |
+7.74% |
+85.92%
May 1985 - Apr 1986 |
33.18%
219 out of 660 |
|
-27.55%
Mar 2007 - Feb 2009 |
+9.35% |
+63.27%
May 1984 - Apr 1986 |
18.52%
120 out of 648 |
|
-28.70%
Mar 2007 - Feb 2009 |
+5.04% |
+57.25%
May 1984 - Apr 1986 |
33.64%
218 out of 648 |
|
-18.01%
Apr 2000 - Mar 2003 |
+8.93% |
+53.83%
Aug 1984 - Jul 1987 |
17.30%
110 out of 636 |
|
-20.27%
Apr 2000 - Mar 2003 |
+4.93% |
+47.54%
Aug 1984 - Jul 1987 |
28.77%
183 out of 636 |
|
-10.83%
Apr 1999 - Mar 2003 |
+8.80% |
+40.19%
Sep 1982 - Aug 1986 |
14.58%
91 out of 624 |
|
-13.34%
Apr 1999 - Mar 2003 |
+5.06% |
+34.30%
Sep 1982 - Aug 1986 |
31.09%
194 out of 624 |
|
-8.78%
Jun 2007 - May 2012 |
+9.50% |
+39.57%
Aug 1982 - Jul 1987 |
14.22%
87 out of 612 |
|
-10.32%
Jun 2007 - May 2012 |
+5.20% |
+33.62%
Aug 1982 - Jul 1987 |
27.78%
170 out of 612 |
|
-3.70%
Jan 2007 - Dec 2012 |
+8.94% |
+29.70%
Oct 1981 - Sep 1987 |
8.67%
52 out of 600 |
|
-5.33%
Jan 2007 - Dec 2012 |
+4.16% |
+23.20%
Oct 1981 - Sep 1987 |
24.50%
147 out of 600 |
|
-2.97%
Mar 2002 - Feb 2009 |
+9.22% |
+26.65%
Aug 1982 - Jul 1989 |
3.57%
21 out of 588 |
|
-5.15%
Jan 1970 - Dec 1976 |
+4.51% |
+22.00%
Jul 1991 - Jun 1998 |
18.37%
108 out of 588 |
|
-4.36%
Mar 2001 - Feb 2009 |
+9.21% |
+25.85%
Aug 1982 - Jul 1990 |
2.43%
14 out of 576 |
|
-6.28%
Mar 2001 - Feb 2009 |
+5.30% |
+20.49%
Aug 1982 - Jul 1990 |
13.89%
80 out of 576 |
|
-4.91%
Mar 2000 - Feb 2009 |
+9.12% |
+22.60%
May 1977 - Apr 1986 |
3.72%
21 out of 564 |
|
-6.90%
Mar 2000 - Feb 2009 |
+5.67% |
+18.11%
Jul 1991 - Jun 2000 |
12.41%
70 out of 564 |
|
-3.22%
Mar 1999 - Feb 2009 |
+8.85% |
+22.58%
May 1977 - Apr 1987 |
5.25%
29 out of 552 |
|
-5.30%
Mar 1999 - Feb 2009 |
+6.02% |
+16.30%
Aug 1984 - Jul 1994 |
14.31%
79 out of 552 |
|
-1.80%
Oct 2000 - Sep 2011 |
+8.94% |
+21.74%
Oct 1976 - Sep 1987 |
6.67%
36 out of 540 |
|
-3.81%
Oct 2000 - Sep 2011 |
+6.56% |
+16.13%
Aug 1984 - Jul 1995 |
15.93%
86 out of 540 |
|
-2.05%
Jun 2000 - May 2012 |
+9.35% |
+20.88%
Oct 1974 - Sep 1986 |
4.55%
24 out of 528 |
|
-4.09%
Jun 2000 - May 2012 |
+6.87% |
+16.11%
Aug 1982 - Jul 1994 |
14.77%
78 out of 528 |
|
-1.02%
Jan 1999 - Dec 2011 |
+10.02% |
+21.85%
Oct 1974 - Sep 1987 |
3.49%
18 out of 516 |
|
-3.09%
Jan 1999 - Dec 2011 |
+7.12% |
+16.83%
Aug 1984 - Jul 1997 |
8.91%
46 out of 516 |
|
-0.76%
Aug 1998 - Jul 2012 |
+9.99% |
+22.18%
Aug 1984 - Jul 1998 |
0.60%
3 out of 504 |
|
-2.76%
Aug 1998 - Jul 2012 |
+6.58% |
+18.67%
Aug 1984 - Jul 1998 |
5.95%
30 out of 504 |
|
+1.07%
Jul 1998 - Jun 2013 |
+9.95% |
+20.49%
Aug 1983 - Jul 1998 |
0.00%
0 out of 492 |
|
-0.91%
Aug 1998 - Jul 2013 |
+6.31% |
+17.13%
Jan 1985 - Dec 1999 |
2.24%
11 out of 492 |
|
+1.71%
Jul 2000 - Jun 2016 |
+9.94% |
+21.99%
Aug 1982 - Jul 1998 |
0.00%
0 out of 480 |
|
-0.19%
Jul 2000 - Jun 2016 |
+6.17% |
+18.23%
Aug 1982 - Jul 1998 |
0.42%
2 out of 480 |
|
+2.09%
Jan 2000 - Dec 2016 |
+9.95% |
+20.43%
Aug 1982 - Jul 1999 |
0.00%
0 out of 468 |
|
+0.22%
Jan 2000 - Dec 2016 |
+5.74% |
+16.81%
Aug 1982 - Jul 1999 |
0.00%
0 out of 468 |
|
+2.37%
Jul 1998 - Jun 2016 |
+9.60% |
+19.90%
Aug 1982 - Jul 2000 |
0.00%
0 out of 456 |
|
+0.42%
Jul 1998 - Jun 2016 |
+5.57% |
+16.31%
Aug 1982 - Jul 2000 |
0.00%
0 out of 456 |
|
+2.35%
Jan 2000 - Dec 2018 |
+9.56% |
+17.77%
Feb 1982 - Jan 2001 |
0.00%
0 out of 444 |
|
+0.46%
Jan 2000 - Dec 2018 |
+5.55% |
+14.04%
Aug 1982 - Jul 2001 |
0.00%
0 out of 444 |
|
+1.93%
Apr 2000 - Mar 2020 |
+9.82% |
+17.63%
Apr 1978 - Mar 1998 |
0.00%
0 out of 432 |
|
+0.09%
Apr 2000 - Mar 2020 |
+5.38% |
+12.87%
Apr 1980 - Mar 2000 |
0.00%
0 out of 432 |
|
+3.72%
Aug 1998 - Jul 2023 |
+9.19% |
+17.66%
Jan 1975 - Dec 1999 |
0.00%
0 out of 372 |
|
+1.48%
Aug 1998 - Jul 2023 |
+6.34% |
+12.05%
Jan 1975 - Dec 1999 |
0.00%
0 out of 372 |
|
+6.51%
Oct 1992 - Sep 2022 |
+10.31% |
+14.94%
Jul 1970 - Jun 2000 |
0.00%
0 out of 312 |
|
+4.42%
Oct 1992 - Sep 2022 |
+6.64% |
+9.68%
Feb 1977 - Jan 2007 |
0.00%
0 out of 312 |
Vanguard FTSE Developed Europe All Cap (VE.TO) ETF: Historical Returns

