Vanguard FTSE Developed Markets (VEA): Historical Returns

Data Source: from January 1970 to January 2024 (~54 years)
Consolidated Returns as of 31 January 2024
Live Update: Feb 21 2024
Category: Stocks
Vanguard FTSE Developed Markets (VEA) ETF
ETF • LIVE PERFORMANCE (USD currency)
0.06%
1 Day
Feb 21 2024
1.86%
Current Month
February 2024

In the last 30 Years, the Vanguard FTSE Developed Markets (VEA) ETF obtained a 4.84% compound annual return, with a 16.50% standard deviation.

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The ETF is related to the following investment themes:

  • Asset Class: Equity
  • Size: Large Cap
  • Style: Blend
  • Region: Developed Markets
  • Country: EAFE

The Vanguard FTSE Developed Markets (VEA) ETF is part of the following Lazy Portfolios:

Portfolio Name Author VEA Weight Currency
Developed World ex-US Stocks 100.00% USD
Developed World ex-US 80/20 80.00% USD
Developed World ex-US 60/40 60.00% USD
Developed World ex-US 40/60 40.00% USD
Gretchen Tai Portfolio Gretchen Tai 26.00% USD
Robo Advisor 90 Betterment 24.60% USD
Robo Advisor 80 Betterment 22.10% USD
Developed World ex-US 20/80 20.00% USD
Jane Bryant Quinn Portfolio Jane Bryant Quinn 20.00% USD
Perfect Portfolio Ben Stein 20.00% USD
Yale Endowment David Swensen 15.00% USD
GAA Global Asset Allocation Mebane Faber 13.50% USD
Ultimate Buy and Hold Strategy Paul Merriman 10.00% USD
Marc Faber Portfolio Marc Faber 8.00% USD
Ultimate Buy&Hold FundAdvice 6.00% USD

Investment Returns as of Jan 31, 2024

The Vanguard FTSE Developed Markets (VEA) ETF guaranteed the following returns.

Returns are calculated in USD, assuming:
  • no fees or capital gain taxes.
  • the reinvestment of dividends.
  • the actual US Inflation rates.
VANGUARD FTSE DEVELOPED MARKETS (VEA) ETF
Consolidated returns as of 31 January 2024
Live Update: Feb 21 2024
Swipe left to see all data
  Chg (%) Return (%) Return (%) as of Jan 31, 2024
  1 Day Time ET(*) Feb 2024 1M 6M 1Y 5Y 10Y 30Y MAX
(~54Y)
Vanguard FTSE Developed Markets (VEA) ETF 0.06 1.86 -1.09 1.47 7.00 6.66 4.96 4.84 8.17
US Inflation Adjusted return -1.39 -0.19 3.77 2.40 2.11 2.25 4.04
Returns over 1 year are annualized | Available data source: since Jan 1970
(*) Eastern Time (ET - America/New York)
US Inflation is updated to Jan 2024. Current inflation (annualized) is 1Y: 3.11% , 5Y: 4.16% , 10Y: 2.79% , 30Y: 2.53%

In 2023, the Vanguard FTSE Developed Markets (VEA) ETF granted a 3.65% dividend yield. If you are interested in getting periodic income, please refer to the Vanguard FTSE Developed Markets (VEA) ETF: Dividend Yield page.

Capital Growth as of Jan 31, 2024

An investment of 1$, since February 1994, now would be worth 4.13$, with a total return of 312.96% (4.84% annualized).

The Inflation Adjusted Capital now would be 1.95$, with a net total return of 95.09% (2.25% annualized).
An investment of 1$, since January 1970, now would be worth 70.04$, with a total return of 6903.71% (8.17% annualized).

The Inflation Adjusted Capital now would be 8.53$, with a net total return of 752.61% (4.04% annualized).

Investment Metrics as of Jan 31, 2024

Metrics of Vanguard FTSE Developed Markets (VEA) ETF, updated as of 31 January 2024.

Metrics are calculated based on monthly returns, assuming:
  • no fees or capital gain taxes.
  • the reinvestment of dividends.
  • the actual US Inflation rates.
VANGUARD FTSE DEVELOPED MARKETS (VEA) ETF
Advanced Metrics
Data Source: 1 January 1970 - 31 January 2024 (~54 years)
Swipe left to see all data
Metrics as of Jan 31, 2024
1M 3M 6M 1Y 3Y 5Y 10Y 20Y 30Y MAX
(~54Y)
Investment Return (%) -1.09 13.64 1.47 7.00 3.56 6.66 4.96 5.68 4.84 8.17
Infl. Adjusted Return (%) details -1.39 12.84 -0.19 3.77 -1.99 2.40 2.11 3.03 2.25 4.04
US Inflation (%) 0.31 0.70 1.66 3.11 5.66 4.16 2.79 2.57 2.53 3.97
Returns / Inflation rates over 1 year are annualized.
DRAWDOWN
Inflation Adjusted:
Inflation Adjusted:
1Y 3Y 5Y 10Y 20Y 30Y MAX
Deepest Drawdown Depth (%) -10.71 -28.08 -28.08 -28.08 -57.00 -57.00 -57.00
Start to Recovery (# months) details 5 29* 29* 29* 79 79 79
Start (yyyy mm) 2023 08 2021 09 2021 09 2021 09 2007 11 2007 11 2007 11
Start to Bottom (# months) 3 13 13 13 16 16 16
Bottom (yyyy mm) 2023 10 2022 09 2022 09 2022 09 2009 02 2009 02 2009 02
Bottom to End (# months) 2 16 16 16 63 63 63
End (yyyy mm) 2023 12 - - - 2014 05 2014 05 2014 05
Longest Drawdown Depth (%)
same as
deepest

same as
deepest

same as
deepest
-24.14
same as
deepest

same as
deepest

same as
deepest
Start to Recovery (# months) details 34
Start (yyyy mm) 2023 08 2021 09 2021 09 2018 02 2007 11 2007 11 2007 11
Start to Bottom (# months) 3 13 13 26 16 16 16
Bottom (yyyy mm) 2023 10 2022 09 2022 09 2020 03 2009 02 2009 02 2009 02
Bottom to End (# months) 2 16 16 8 63 63 63
End (yyyy mm) 2023 12 - - 2020 11 2014 05 2014 05 2014 05
Longest negative period (# months) details 9 33 43 73 150 150 170
Period Start (yyyy mm) 2023 02 2021 02 2019 03 2014 03 2007 10 2007 10 1989 02
Period End (yyyy mm) 2023 10 2023 10 2022 09 2020 03 2020 03 2020 03 2003 03
Annualized Return (%) -7.71 -0.83 -0.27 -0.64 -0.14 -0.14 -0.10
Drawdowns / Negative periods marked with * are in progress
Deepest Drawdown Depth (%) -11.55 -34.28 -34.28 -34.28 -57.71 -57.71 -57.71
Start to Recovery (# months) details 5 32* 32* 32* 123 123 123
Start (yyyy mm) 2023 08 2021 06 2021 06 2021 06 2007 11 2007 11 2007 11
Start to Bottom (# months) 3 16 16 16 16 16 16
Bottom (yyyy mm) 2023 10 2022 09 2022 09 2022 09 2009 02 2009 02 2009 02
Bottom to End (# months) 2 16 16 16 107 107 107
End (yyyy mm) 2023 12 - - - 2018 01 2018 01 2018 01
Longest Drawdown Depth (%)
same as
deepest

same as
deepest

same as
deepest
-26.87
same as
deepest

same as
deepest
-51.06
Start to Recovery (# months) details 35 145
Start (yyyy mm) 2023 08 2021 06 2021 06 2018 02 2007 11 2007 11 1973 01
Start to Bottom (# months) 3 16 16 26 16 16 21
Bottom (yyyy mm) 2023 10 2022 09 2022 09 2020 03 2009 02 2009 02 1974 09
Bottom to End (# months) 2 16 16 9 107 107 124
End (yyyy mm) 2023 12 - - 2020 12 2018 01 2018 01 1985 01
Longest negative period (# months) details 10 36* 57 112 199 243 269
Period Start (yyyy mm) 2023 02 2021 02 2019 02 2014 07 2007 04 2000 01 1990 01
Period End (yyyy mm) 2023 11 2024 01 2023 10 2023 10 2023 10 2020 03 2012 05
Annualized Return (%) -0.12 -1.99 -0.04 -0.01 0.00 -0.08 -0.04
Drawdowns / Negative periods marked with * are in progress
RISK INDICATORS
1Y 3Y 5Y 10Y 20Y 30Y MAX
Standard Deviation (%) 14.69 17.42 18.34 15.39 17.21 16.50 17.14
Sharpe Ratio 0.13 0.08 0.27 0.25 0.25 0.16 0.24
Sortino Ratio 0.19 0.11 0.36 0.34 0.34 0.21 0.34
Ulcer Index 4.15 10.62 9.75 9.15 17.16 18.42 16.06
Ratio: Return / Standard Deviation 0.48 0.20 0.36 0.32 0.33 0.29 0.48
Ratio: Return / Deepest Drawdown 0.65 0.13 0.24 0.18 0.10 0.08 0.14
% Positive Months details 50% 55% 58% 58% 59% 59% 59%
Positive Months 6 20 35 70 142 213 386
Negative Months 6 16 25 50 98 147 263
LONG TERM RETURNS
Inflation Adjusted:
Inflation Adjusted:
1Y 3Y 5Y 10Y 20Y 30Y MAX
Best 10 Years Return (%) - Annualized 4.96 9.94 9.94 24.60
Worst 10 Years Return (%) - Annualized 1.05 -0.38 -0.38
Best 10 Years Return (%) - Annualized 2.11 8.03 8.03 16.99
Worst 10 Years Return (%) - Annualized -0.73 -2.90 -3.76
ROLLING PERIODS
Inflation Adjusted:
Inflation Adjusted:
1Y 3Y 5Y 10Y 20Y 30Y MAX
Over the latest 30Y
Best Rolling Return (%) - Annualized 57.71 31.15 23.71 9.94 7.55 4.84
Worst Rolling Return (%) - Annualized -49.94 -19.64 -7.06 -0.38 2.08
% Positive Periods 62% 77% 82% 99% 100% 100%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 65.19 21.88 13.35 7.38 4.42 4.34
PWR - Perpetual Withdrawal Rate (%) - 100% Success - Annualized - - - - - 2.11
WR calculated based on initial capital | Monthly withdrawals adjusted for inflation | Credits: BestRetirementPortfolio.com
Best Rolling Return (%) - Annualized 55.02 27.59 20.23 8.03 4.92 2.25
Worst Rolling Return (%) - Annualized -49.95 -21.56 -8.92 -2.90 0.00
% Positive Periods 59% 67% 65% 86% 99% 100%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 65.19 21.88 13.35 7.38 4.42 4.34
PWR - Perpetual Withdrawal Rate (%) - 100% Success - Annualized - - - - - 2.11
WR calculated based on initial capital | Monthly withdrawals adjusted for inflation | Credits: BestRetirementPortfolio.com
Over all the available data source (Jan 1970 - Jan 2024)
Best Rolling Return (%) - Annualized 90.05 60.37 42.40 24.60 16.26 12.94
Worst Rolling Return (%) - Annualized -49.94 -19.64 -7.06 -0.38 1.34 3.90
% Positive Periods 68% 80% 88% 99% 100% 100%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 65.19 21.88 13.35 7.38 4.42 3.39
PWR - Perpetual Withdrawal Rate (%) - 100% Success - Annualized - - - - - 1.20
WR calculated based on initial capital | Monthly withdrawals adjusted for inflation | Credits: BestRetirementPortfolio.com
Best Rolling Return (%) - Annualized 87.10 55.74 38.06 16.99 9.76 7.56
Worst Rolling Return (%) - Annualized -49.95 -21.56 -8.92 -3.76 -1.46 1.37
% Positive Periods 60% 66% 68% 88% 98% 100%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 65.19 21.88 13.35 7.38 4.42 3.39
PWR - Perpetual Withdrawal Rate (%) - 100% Success - Annualized - - - - - 1.20
WR calculated based on initial capital | Monthly withdrawals adjusted for inflation | Credits: BestRetirementPortfolio.com
Terms and Definitions
  • Annualized Portfolio Return: it's the annualized geometric mean return of the portfolio.
  • Deepest/Longest Drawdown: a drawdown refers to the decline in value from a relative peak value to a relative trough. The deepest (or maximum) drawdown is the maximum observed loss from a peak to a trough of a portfolio before a new peak is attained. The longest drawdown is the period observed from a peak to the subsequent peak with the greatest duration.
  • Longest negative period: it's the maximum period for which an overall negative return has been observed.
  • Standard Deviation: it's a measure of the dispersion of returns around the mean.
  • Sharpe Ratio: it's a measure of risk-adjusted performance of the portfolio. It's calculated by dividing the excess return of the portfolio over the risk-free rate by the portfolio standard deviation. The risk-free rate here considered is the 1-3 Mth T-Bill return.
  • Sortino Ratio: another measure of risk-adjusted performance of the portfolio. It's a modification of the Sharpe Ratio (same formula but the denominator is the portfolio downside standard deviation).
  • Ulcer Index: it's a measure of downside risk that quantifies the depth and duration of drawdowns in an investment portfolio.
  • Best/Worst 10Y returns: the best and the worst 10-year return over a time frame.
  • Rolling Returns: N-year returns over a time frame, calculated over all the available data source (best, worst, % of positive returns). Each rolling period, longer than the longest negative period, yielded a non-negative minimum return.
  • Safe Withdrawal Rate (SWR): it's the percentage of the initial portfolio balance that can be withdrawn at the beginning of each month with inflation adjustment, without the portfolio running out of money in any case (money amount withdrawal).
    For instance: Your initial invested capital is 100.000$; withdrawal rate (annualized) is 4%. This means that, in the first month, you will withdraw 100.000 * 4% * 1/12 = 333.33$. The second month, you’ll withdraw 333.33$ plus the inflation monthly rate. You’ll continue adjusting your withdraw monthly for inflation.
  • Perpetual Withdrawal Rate (PWR): it's the percentage of the initial portfolio balance that can be withdrawn at the beginning of each month with inflation adjustment, preserving the original invested capital, adjusted for inflation too.

Correlations as of Jan 31, 2024

Correlation measures to what degree the returns of the two assets move in relation to each other.

Correlation coefficient is a numerical value between -1 and +1. If one variable goes up by a certain amount, the correlation coefficient indicates which way the other variable moves and by how much.
Asset correlations are calculated based on monthly returns.

Monthly correlations of Vanguard FTSE Developed Markets (VEA) ETF vs the main Asset Classes, over different timeframes. Columns are sortable (click on table header to sort).

VANGUARD FTSE DEVELOPED MARKETS (VEA) ETF
Monthly correlations as of 31 January 2024
Swipe left to see all data
Correlation vs VEA
Asset Class 1 Year 5 Years 10 Years 30 Years Since
Jan 1992
VTI
US Total Stock Market
0.93
0.91
0.89
0.85
0.81
SPY
US Large Cap
0.93
0.91
0.88
0.84
0.80
IJR
US Small Cap
0.78
0.87
0.79
0.76
0.73
VNQ
US REITs
0.92
0.84
0.70
0.61
0.59
QQQ
US Technology
0.70
0.78
0.78
0.66
0.63
PFF
Preferred Stocks
0.76
0.79
0.73
0.49
0.48
EFA
EAFE Stocks
1.00
1.00
1.00
1.00
1.00
VT
World All Countries
0.98
0.97
0.96
0.95
0.95
EEM
Emerging Markets
0.90
0.85
0.83
0.81
0.78
VGK
Europe
0.98
0.99
0.98
0.96
0.94
VPL
Pacific
0.95
0.96
0.94
0.89
0.89
FLLA
Latin America
0.91
0.75
0.66
0.72
0.69
BND
US Total Bond Market
0.86
0.57
0.45
0.17
0.18
TLT
Long Term Treasuries
0.87
0.21
0.11
-0.10
-0.09
BIL
US Cash
0.24
-0.03
-0.02
-0.04
-0.04
TIP
TIPS
0.81
0.59
0.51
0.20
0.21
LQD
Invest. Grade Bonds
0.90
0.72
0.63
0.36
0.36
HYG
High Yield Bonds
0.92
0.85
0.82
0.69
0.67
CWB
US Convertible Bonds
0.84
0.82
0.82
0.79
0.76
BNDX
International Bonds
0.76
0.54
0.41
0.19
0.18
EMB
Emerg. Market Bonds
0.96
0.85
0.77
0.60
0.58
GLD
Gold
0.34
0.29
0.19
0.18
0.18
DBC
Commodities
0.22
0.57
0.52
0.44
0.43

If you want to learn more about historical correlations, you can find out here how the main asset class are correlated to each other.

Drawdowns

A drawdown refers to the decline in value from a relative peak value to a relative trough. A maximum drawdown is the maximum observed loss from a peak to a trough of a portfolio before a new peak is attained.

VANGUARD FTSE DEVELOPED MARKETS (VEA) ETF
Drawdown periods
Drawdown periods - Inflation Adjusted
Data Source: 1 February 1994 - 31 January 2024 (30 Years)
Data Source: 1 January 1970 - 31 January 2024 (~54 years)
Inflation Adjusted:
Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months Ulcer Index
-57.00% Nov 2007 Feb 2009 16 May 2014 63 79 27.54
-48.19% Jan 2000 Mar 2003 39 Sep 2005 30 69 26.73
-28.08% Sep 2021 Sep 2022 13 in progress 16 29 11.79
-24.14% Feb 2018 Mar 2020 26 Nov 2020 8 34 10.04
-17.94% Jul 2014 Feb 2016 20 Apr 2017 14 34 8.32
-14.47% Jun 1998 Sep 1998 4 Dec 1998 3 7 7.17
-13.15% Sep 1994 Feb 1995 6 Mar 1996 13 19 5.48
-11.23% Aug 1997 Dec 1997 5 Mar 1998 3 8 6.96
-5.79% May 1996 Jan 1997 9 May 1997 4 13 3.32
-4.28% May 1999 May 1999 1 Jun 1999 1 2 2.47
-3.73% May 2006 Jun 2006 2 Sep 2006 3 5 2.35
-3.02% Mar 1994 Mar 1994 1 Apr 1994 1 2 1.74
-2.93% Jun 2007 Aug 2007 3 Sep 2007 1 4 1.66
-2.83% Oct 2005 Oct 2005 1 Dec 2005 2 3 1.51
-2.16% Feb 1999 Feb 1999 1 Mar 1999 1 2 1.25
Swipe left to see all data
Drawdown (DD)
Occurrencies (EOM)
Drawdown (DD)
Range #Num Every (Avg) Frequency Cumulative Frequency
All Time High (DD=0%) 60 6.0 Months 16.62%
 
DD = 0% 16.62%
 
0% < DD <= -5% 79 4.6 Months 21.88%
 
DD <= -5% 38.50%
 
-5% < DD <= -10% 66 5.5 Months 18.28%
 
DD <= -10% 56.79%
 
-10% < DD <= -15% 39 9.3 Months 10.80%
 
DD <= -15% 67.59%
 
-15% < DD <= -20% 25 14.4 Months 6.93%
 
DD <= -20% 74.52%
 
-20% < DD <= -25% 18 20.1 Months 4.99%
 
DD <= -25% 79.50%
 
-25% < DD <= -30% 22 16.4 Months 6.09%
 
DD <= -30% 85.60%
 
-30% < DD <= -35% 20 18.1 Months 5.54%
 
DD <= -35% 91.14%
 
-35% < DD <= -40% 13 27.8 Months 3.60%
 
DD <= -40% 94.74%
 
-40% < DD <= -45% 9 40.1 Months 2.49%
 
DD <= -45% 97.23%
 
-45% < DD <= -50% 7 51.6 Months 1.94%
 
DD <= -50% 99.17%
 
-50% < DD <= -55% 2 180.5 Months 0.55%
 
DD <= -55% 99.72%
 
-55% < DD <= -60% 1 361.0 Months 0.28%
 
DD <= -60% 100.00%
 
-60% < DD <= -65% 0 - 0.00%
 
DD <= -65% 100.00%
 
-65% < DD <= -70% 0 - 0.00%
 
DD <= -70% 100.00%
 
-70% < DD <= -100% 0 - 0.00%
 
DD <= -100% 100.00%
 
Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months Ulcer Index
-57.71% Nov 2007 Feb 2009 16 Jan 2018 107 123 26.79
-52.45% Jan 2000 Mar 2003 39 Apr 2006 37 76 29.87
-34.28% Jun 2021 Sep 2022 16 in progress 16 32 17.79
-26.87% Feb 2018 Mar 2020 26 Dec 2020 9 35 11.79
-15.07% May 1998 Sep 1998 5 Jan 1999 4 9 6.79
-14.24% Sep 1994 Feb 1995 6 Apr 1996 14 20 6.81
-12.00% Aug 1997 Dec 1997 5 Mar 1998 3 8 7.50
-7.74% May 1996 Jan 1997 9 May 1997 4 13 4.61
-4.34% May 1999 May 1999 1 Jun 1999 1 2 2.50
-4.25% May 2006 Jun 2006 2 Oct 2006 4 6 2.67
-3.35% Jun 2007 Aug 2007 3 Sep 2007 1 4 1.93
-3.28% Mar 1994 Mar 1994 1 Jun 1994 3 4 1.49
-2.16% Feb 1999 Feb 1999 1 Mar 1999 1 2 1.25
-0.91% Jan 2021 Jan 2021 1 Feb 2021 1 2 0.53
-0.11% Feb 2007 Feb 2007 1 Mar 2007 1 2 0.06
Swipe left to see all data
Drawdown (DD)
Occurrencies (EOM)
Drawdown (DD)
Range #Num Every (Avg) Frequency Cumulative Frequency
All Time High (DD=0%) 37 9.8 Months 10.25%
 
DD = 0% 10.25%
 
0% < DD <= -5% 56 6.4 Months 15.51%
 
DD <= -5% 25.76%
 
-5% < DD <= -10% 46 7.8 Months 12.74%
 
DD <= -10% 38.50%
 
-10% < DD <= -15% 45 8.0 Months 12.47%
 
DD <= -15% 50.97%
 
-15% < DD <= -20% 49 7.4 Months 13.57%
 
DD <= -20% 64.54%
 
-20% < DD <= -25% 26 13.9 Months 7.20%
 
DD <= -25% 71.75%
 
-25% < DD <= -30% 28 12.9 Months 7.76%
 
DD <= -30% 79.50%
 
-30% < DD <= -35% 26 13.9 Months 7.20%
 
DD <= -35% 86.70%
 
-35% < DD <= -40% 20 18.1 Months 5.54%
 
DD <= -40% 92.24%
 
-40% < DD <= -45% 14 25.8 Months 3.88%
 
DD <= -45% 96.12%
 
-45% < DD <= -50% 8 45.1 Months 2.22%
 
DD <= -50% 98.34%
 
-50% < DD <= -55% 5 72.2 Months 1.39%
 
DD <= -55% 99.72%
 
-55% < DD <= -60% 1 361.0 Months 0.28%
 
DD <= -60% 100.00%
 
-60% < DD <= -65% 0 - 0.00%
 
DD <= -65% 100.00%
 
-65% < DD <= -70% 0 - 0.00%
 
DD <= -70% 100.00%
 
-70% < DD <= -100% 0 - 0.00%
 
DD <= -100% 100.00%
 
Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months Ulcer Index
-57.00% Nov 2007 Feb 2009 16 May 2014 63 79 27.54
-48.19% Jan 2000 Mar 2003 39 Sep 2005 30 69 26.73
-41.73% Jan 1973 Sep 1974 21 Sep 1977 36 57 16.13
-31.21% Jan 1990 Sep 1990 9 Jan 1994 40 49 20.31
-28.08% Sep 2021 Sep 2022 13 in progress 16 29 11.79
-27.77% Dec 1980 Jul 1982 20 Mar 1983 8 28 12.17
-27.31% Jan 1970 Jun 1970 6 Mar 1971 9 15 15.11
-24.14% Feb 2018 Mar 2020 26 Nov 2020 8 34 10.04
-17.94% Jul 2014 Feb 2016 20 Apr 2017 14 34 8.32
-14.47% Jun 1998 Sep 1998 4 Dec 1998 3 7 7.17
-13.46% Sep 1987 Oct 1987 2 Mar 1988 5 7 8.36
-13.15% Sep 1994 Feb 1995 6 Mar 1996 13 19 5.48
-11.23% Aug 1997 Dec 1997 5 Mar 1998 3 8 6.96
-11.03% Feb 1980 Mar 1980 2 Jul 1980 4 6 5.29
-9.43% May 1988 Aug 1988 4 Nov 1988 3 7 4.81
Swipe left to see all data
Drawdown (DD)
Occurrencies (EOM)
Drawdown (DD)
Range #Num Every (Avg) Frequency Cumulative Frequency
All Time High (DD=0%) 140 4.6 Months 21.54%
 
DD = 0% 21.54%
 
0% < DD <= -5% 147 4.4 Months 22.62%
 
DD <= -5% 44.15%
 
-5% < DD <= -10% 111 5.9 Months 17.08%
 
DD <= -10% 61.23%
 
-10% < DD <= -15% 66 9.8 Months 10.15%
 
DD <= -15% 71.38%
 
-15% < DD <= -20% 53 12.3 Months 8.15%
 
DD <= -20% 79.54%
 
-20% < DD <= -25% 38 17.1 Months 5.85%
 
DD <= -25% 85.38%
 
-25% < DD <= -30% 35 18.6 Months 5.38%
 
DD <= -30% 90.77%
 
-30% < DD <= -35% 27 24.1 Months 4.15%
 
DD <= -35% 94.92%
 
-35% < DD <= -40% 13 50.0 Months 2.00%
 
DD <= -40% 96.92%
 
-40% < DD <= -45% 10 65.0 Months 1.54%
 
DD <= -45% 98.46%
 
-45% < DD <= -50% 7 92.9 Months 1.08%
 
DD <= -50% 99.54%
 
-50% < DD <= -55% 2 325.0 Months 0.31%
 
DD <= -55% 99.85%
 
-55% < DD <= -60% 1 650.0 Months 0.15%
 
DD <= -60% 100.00%
 
-60% < DD <= -65% 0 - 0.00%
 
DD <= -65% 100.00%
 
-65% < DD <= -70% 0 - 0.00%
 
DD <= -70% 100.00%
 
-70% < DD <= -100% 0 - 0.00%
 
DD <= -100% 100.00%
 
Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months Ulcer Index
-57.71% Nov 2007 Feb 2009 16 Jan 2018 107 123 26.79
-52.45% Jan 2000 Mar 2003 39 Apr 2006 37 76 29.87
-51.06% Jan 1973 Sep 1974 21 Jan 1985 124 145 24.50
-38.24% Jan 1990 Oct 1992 34 Apr 1999 78 112 20.31
-34.28% Jun 2021 Sep 2022 16 in progress 16 32 17.79
-29.37% Jan 1970 Jun 1970 6 Dec 1971 18 24 14.19
-26.87% Feb 2018 Mar 2020 26 Dec 2020 9 35 11.79
-13.98% Sep 1987 Oct 1987 2 Mar 1988 5 7 9.04
-10.80% May 1988 Aug 1988 4 Nov 1988 3 7 5.78
-9.80% Mar 1989 Jun 1989 4 Jul 1989 1 5 5.19
-9.20% Sep 1986 Oct 1986 2 Dec 1986 2 4 4.64
-4.34% May 1999 May 1999 1 Jun 1999 1 2 2.50
-4.28% Jun 1987 Jul 1987 2 Aug 1987 1 3 2.77
-4.25% May 2006 Jun 2006 2 Oct 2006 4 6 2.67
-4.13% Oct 1989 Oct 1989 1 Nov 1989 1 2 2.38
Swipe left to see all data
Drawdown (DD)
Occurrencies (EOM)
Drawdown (DD)
Range #Num Every (Avg) Frequency Cumulative Frequency
All Time High (DD=0%) 71 9.2 Months 10.92%
 
DD = 0% 10.92%
 
0% < DD <= -5% 65 10.0 Months 10.00%
 
DD <= -5% 20.92%
 
-5% < DD <= -10% 58 11.2 Months 8.92%
 
DD <= -10% 29.85%
 
-10% < DD <= -15% 108 6.0 Months 16.62%
 
DD <= -15% 46.46%
 
-15% < DD <= -20% 97 6.7 Months 14.92%
 
DD <= -20% 61.38%
 
-20% < DD <= -25% 65 10.0 Months 10.00%
 
DD <= -25% 71.38%
 
-25% < DD <= -30% 57 11.4 Months 8.77%
 
DD <= -30% 80.15%
 
-30% < DD <= -35% 56 11.6 Months 8.62%
 
DD <= -35% 88.77%
 
-35% < DD <= -40% 38 17.1 Months 5.85%
 
DD <= -40% 94.62%
 
-40% < DD <= -45% 18 36.1 Months 2.77%
 
DD <= -45% 97.38%
 
-45% < DD <= -50% 10 65.0 Months 1.54%
 
DD <= -50% 98.92%
 
-50% < DD <= -55% 6 108.3 Months 0.92%
 
DD <= -55% 99.85%
 
-55% < DD <= -60% 1 650.0 Months 0.15%
 
DD <= -60% 100.00%
 
-60% < DD <= -65% 0 - 0.00%
 
DD <= -65% 100.00%
 
-65% < DD <= -70% 0 - 0.00%
 
DD <= -70% 100.00%
 
-70% < DD <= -100% 0 - 0.00%
 
DD <= -100% 100.00%
 

Rolling Returns

( more details)

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.

VANGUARD FTSE DEVELOPED MARKETS (VEA) ETF
Annualized Rolling Returns
Annualized Rolling Returns - Inflation Adjusted
Data Source: 1 February 1994 - 31 January 2024 (30 Years)
Data Source: 1 January 1970 - 31 January 2024 (~54 years)
Inflation Adjusted:
Swipe left to see all data
Rolling
Period
Worst Period
15th Percentile
50th Percentile
85th Percentile
Best Period
Latest Negative
Periods
Ann.
Return
From
To
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
From
To
Growth
of 1$
1Y -49.94 03/2008
02/2009
0.50$ -12.33 0.87$ 7.00 1.06$ 24.53 1.24$ 57.71 04/2003
03/2004
1.57$ 7.00 37.25%
2Y -29.13 03/2007
02/2009
0.50$ -6.43 0.87$ 5.41 1.11$ 18.71 1.40$ 37.54 03/2009
02/2011
1.89$ 1.34 27.00%
3Y -19.64 04/2000
03/2003
0.51$ -3.37 0.90$ 5.90 1.18$ 12.88 1.43$ 31.15 04/2003
03/2006
2.25$ 3.56 22.77%
5Y -7.06 06/2007
05/2012
0.69$ -0.71 0.96$ 4.20 1.22$ 10.43 1.64$ 23.71 10/2002
09/2007
2.89$ 6.66 17.94%
7Y -2.53 04/1996
03/2003
0.83$ 1.87 1.13$ 5.05 1.41$ 7.32 1.63$ 12.07 04/2003
03/2010
2.21$ 6.39 4.69%
10Y -0.38 03/1999
02/2009
0.96$ 2.06 1.22$ 5.41 1.69$ 7.71 2.10$ 9.94 03/2009
02/2019
2.57$ 4.96 0.83%
15Y 0.92 10/2007
09/2022
1.14$ 3.21 1.60$ 4.51 1.93$ 5.99 2.39$ 9.05 02/2003
01/2018
3.66$ 7.90 0.00%
20Y 2.08 04/2000
03/2020
1.50$ 4.09 2.22$ 5.00 2.65$ 6.28 3.38$ 7.55 04/2003
03/2023
4.28$ 5.68 0.00%
30Y 4.84 02/1994
01/2024
4.12$ 4.84 4.12$ 4.84 4.12$ 4.84 4.12$ 4.84 02/1994
01/2024
4.12$ 4.84 0.00%
Annualized rolling and percentiles/median returns over full calendar month periods
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Rolling
Period
Worst Period
15th Percentile
50th Percentile
85th Percentile
Best Period
Latest Negative
Periods
Ann.
Return
From
To
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
From
To
Growth
of 1$
1Y -49.95 03/2008
02/2009
0.50$ -15.15 0.84$ 4.36 1.04$ 21.57 1.21$ 55.02 04/2003
03/2004
1.55$ 3.77 40.40%
2Y -30.56 03/2007
02/2009
0.48$ -9.07 0.82$ 3.00 1.06$ 15.86 1.34$ 34.66 03/2009
02/2011
1.81$ -3.22 37.98%
3Y -21.56 04/2000
03/2003
0.48$ -5.91 0.83$ 3.53 1.10$ 10.04 1.33$ 27.59 04/2003
03/2006
2.07$ -1.99 32.31%
5Y -8.92 06/2007
05/2012
0.62$ -2.98 0.85$ 1.74 1.08$ 7.98 1.46$ 20.23 10/2002
09/2007
2.51$ 2.40 34.88%
7Y -4.83 04/1996
03/2003
0.70$ -0.34 0.97$ 2.67 1.20$ 5.13 1.41$ 9.42 04/2003
03/2010
1.87$ 2.80 19.49%
10Y -2.90 03/1999
02/2009
0.74$ 0.18 1.01$ 3.08 1.35$ 5.23 1.66$ 8.03 03/2009
02/2019
2.16$ 2.11 13.69%
15Y -1.41 10/2007
09/2022
0.80$ 0.87 1.13$ 2.26 1.39$ 3.60 1.69$ 6.83 02/2003
01/2018
2.69$ 5.21 6.08%
20Y 0.00 04/2000
03/2020
0.99$ 1.87 1.44$ 2.69 1.69$ 3.83 2.12$ 4.92 04/2003
03/2023
2.61$ 3.03 0.83%
30Y 2.25 02/1994
01/2024
1.95$ 2.25 1.95$ 2.25 1.95$ 2.25 1.95$ 2.25 02/1994
01/2024
1.95$ 2.25 0.00%
Annualized rolling and percentiles/median returns over full calendar month periods
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Rolling
Period
Worst Period
15th Percentile
50th Percentile
85th Percentile
Best Period
Latest Negative
Periods
Ann.
Return
From
To
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
From
To
Growth
of 1$
1Y -49.94 03/2008
02/2009
0.50$ -10.65 0.89$ 9.74 1.09$ 30.30 1.30$ 90.05 09/1985
08/1986
1.90$ 7.00 31.97%
2Y -29.13 03/2007
02/2009
0.50$ -4.21 0.91$ 7.96 1.16$ 22.51 1.50$ 74.88 05/1985
04/1987
3.05$ 1.34 23.80%
3Y -19.64 04/2000
03/2003
0.51$ -1.30 0.96$ 7.09 1.22$ 19.83 1.72$ 60.37 06/1984
05/1987
4.12$ 3.56 19.06%
5Y -7.06 06/2007
05/2012
0.69$ 0.87 1.04$ 6.75 1.38$ 15.81 2.08$ 42.40 08/1982
07/1987
5.85$ 6.66 11.02%
7Y -2.53 04/1996
03/2003
0.83$ 2.58 1.19$ 6.75 1.57$ 14.18 2.52$ 33.35 08/1982
07/1989
7.50$ 6.39 2.30%
10Y -0.38 03/1999
02/2009
0.96$ 3.21 1.37$ 6.67 1.90$ 17.21 4.89$ 24.60 05/1977
04/1987
9.01$ 4.96 0.38%
15Y 0.53 04/1988
03/2003
1.08$ 3.42 1.65$ 6.90 2.72$ 15.01 8.14$ 21.16 10/1974
09/1989
17.79$ 7.90 0.00%
20Y 1.34 03/1989
02/2009
1.30$ 4.53 2.42$ 7.30 4.09$ 13.46 12.49$ 16.26 07/1970
06/1990
20.35$ 5.68 0.00%
30Y 3.90 01/1989
12/2018
3.14$ 4.88 4.17$ 8.84 12.70$ 11.09 23.47$ 12.94 07/1970
06/2000
38.51$ 4.84 0.00%
Annualized rolling and percentiles/median returns over full calendar month periods
Swipe left to see all data
Rolling
Period
Worst Period
15th Percentile
50th Percentile
85th Percentile
Best Period
Latest Negative
Periods
Ann.
Return
From
To
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
From
To
Growth
of 1$
1Y -49.95 03/2008
02/2009
0.50$ -14.05 0.85$ 5.47 1.05$ 24.73 1.24$ 87.10 09/1985
08/1986
1.87$ 3.77 39.34%
2Y -30.56 03/2007
02/2009
0.48$ -8.94 0.82$ 3.87 1.07$ 17.54 1.38$ 70.40 05/1985
04/1987
2.90$ -3.22 36.90%
3Y -21.56 04/2000
03/2003
0.48$ -6.64 0.81$ 3.95 1.12$ 14.62 1.50$ 55.74 06/1984
05/1987
3.77$ -1.99 33.22%
5Y -8.92 06/2007
05/2012
0.62$ -2.47 0.88$ 2.56 1.13$ 11.28 1.70$ 38.06 08/1982
07/1987
5.01$ 2.40 31.53%
7Y -4.83 04/1996
03/2003
0.70$ -0.33 0.97$ 3.36 1.26$ 9.03 1.83$ 28.78 08/1982
07/1989
5.87$ 2.80 18.02%
10Y -3.76 08/1972
07/1982
0.68$ 0.30 1.03$ 3.45 1.40$ 12.52 3.25$ 16.99 05/1977
04/1987
4.80$ 2.11 11.51%
15Y -2.49 04/1988
03/2003
0.68$ 1.06 1.17$ 3.98 1.79$ 9.60 3.95$ 14.08 10/1974
09/1989
7.21$ 5.21 7.87%
20Y -1.46 03/1989
02/2009
0.74$ 2.21 1.54$ 4.31 2.32$ 7.87 4.54$ 9.76 10/1974
09/1994
6.44$ 3.03 1.71%
30Y 1.37 01/1989
12/2018
1.50$ 2.30 1.98$ 5.11 4.46$ 6.44 6.50$ 7.56 06/1977
05/2007
8.89$ 2.25 0.00%
Annualized rolling and percentiles/median returns over full calendar month periods

If you need a deeper detail about rolling returns, please refer to the Vanguard FTSE Developed Markets (VEA) ETF: Rolling Returns page.

Seasonality

In which months is it better to invest in Vanguard FTSE Developed Markets (VEA) ETF?

Both the Average Return and the Gain Frequency (Win %) are useful to get an idea of what happened in the past.
For further information about the seasonality, check the Asset Class Seasonality page.
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Monthly Average Return (%) and Gain Frequency
Return (%) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Average
Gain Frequency
0.07
20%
-1.80
40%
-1.69
80%
1.75
80%
0.37
60%
0.73
60%
1.91
80%
-1.03
40%
-3.13
20%
1.12
60%
6.47
80%
3.39
80%
Best 9.0
2023
2.4
2021
2.8
2021
7.0
2020
5.6
2020
5.9
2019
5.3
2022
5.2
2020
3.2
2019
6.1
2022
14.3
2020
5.6
2020
Worst -3.9
2022
-7.7
2020
-15.1
2020
-6.8
2022
-5.2
2019
-9.2
2022
-2.0
2019
-5.8
2022
-9.9
2022
-3.5
2020
-4.6
2021
-2.2
2022
Monthly Seasonality over the period Feb 1970 - Jan 2024
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Monthly Average Return (%) and Gain Frequency
Return (%) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Average
Gain Frequency
1.14
50%
-0.40
50%
-0.02
60%
2.00
90%
0.53
50%
-0.13
50%
1.79
80%
-1.34
50%
-1.90
40%
0.27
50%
3.15
67%
0.95
60%
Best 9.0
2023
6.2
2015
7.2
2016
7.0
2020
5.6
2020
5.9
2019
5.3
2022
5.2
2020
3.2
2019
6.7
2015
14.3
2020
5.6
2020
Worst -5.5
2016
-7.7
2020
-15.1
2020
-6.8
2022
-5.2
2019
-9.2
2022
-2.4
2014
-7.2
2015
-9.9
2022
-8.6
2018
-4.6
2021
-5.7
2018
Monthly Seasonality over the period Feb 1970 - Jan 2024
Swipe left to see all data
Monthly Average Return (%) and Gain Frequency
Return (%) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Average
Gain Frequency
0.59
51%
0.45
61%
1.17
65%
2.27
74%
-0.01
44%
0.04
46%
1.09
65%
-0.02
56%
-0.71
56%
0.86
56%
1.53
68%
2.09
72%
Best 12.2
1975
11.1
1991
12.7
1986
11.8
2009
13.1
2009
7.4
1986
12.2
1989
12.1
1982
9.7
2010
18.0
1974
14.3
2020
9.0
2008
Worst -14.0
2009
-10.1
2009
-15.1
2020
-10.5
1970
-11.5
2010
-9.2
2022
-9.9
2002
-12.5
1998
-14.2
1990
-20.6
2008
-10.7
1973
-5.7
2018
Monthly Seasonality over the period Feb 1970 - Jan 2024

Monthly Returns

This section provides a visual/tabular representation of the performance variability in the Vanguard FTSE Developed Markets (VEA) ETF over time. It illustrates the distribution of monthly returns, showcasing the range and frequency of positive and negative returns.

VANGUARD FTSE DEVELOPED MARKETS (VEA) ETF
Monthly Returns Distribution
Data Source: 1 February 1994 - 31 January 2024 (30 Years)
Data Source: 1 January 1970 - 31 January 2024 (~54 years)
213 Positive Months (59%) - 147 Negative Months (41%)
386 Positive Months (59%) - 263 Negative Months (41%)
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(Scroll down to see all data)
Investment Returns, up to December 2007, have been derived using the historical series of equivalent ETFs / Assets.
You can find additional information on extended Data Sources here.

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