ETF Trace

Fund report

UCITS · Ireland · Accumulating

VWCG IE00BK5BQX27

European developed market large and mid cap equities
Vanguard FTSE Developed Europe UCITS ETF EUR Accumulating
VEUA · VNGLF · Vanguard

591 holdings as of 2026-07-31 · top 10 = 20.2% · TER 0.10% · P/E 19.3

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Concentration
Well diversifiedtop 10 = 20.2%
diversifiedconcentrated
GROWTH · PRICE DEVELOPMENTrebased to 0%
Holdings
591
as of 2026-07-31
Top 10
20.2%
TER
0.10%
cheaper than 90% of peers
Net assets
€7.87B
reported in EUR
Largest
4.3%
P / E
19.3
covers 95% by weight
Sections
Holdings as of 2026-07-31.
01Overview
the fund's regulatory facts
Distribution
Accumulating
Fund currency
EUR
Domicile
Ireland
Structure
Open-ended
First listed
2019-07-23
Volatility 1Y
12.9%
Tracked index
FTSE Developed Europe Index in EUR
How it tracks
Physical, full
Risk rating
4 of 7
Lends its stock
Yes
02Valuation and performance
market price return · as of 2026-09-18
1M
-2.4%
3M
+0.4%
6M
+13.2%
YTD
+9.8%
1Y
+17.7%
Trackingfund minus FTSE Developed Europe Index in EUR · annualised
1Y return gap
+0.34 pp/yr
3Y return gap
+0.32 pp/yr
5Y return gap
+0.33 pp/yr
3Y tracking error
0.14%

A positive return gap means the fund finished ahead of the index over that window. The 3Y tracking error shows how variable that monthly gap was; lower means steadier tracking. MethodologyReturn gap and tracking errorReturn gap is the fund's return minus its index over the same months, converted to a yearly rate. Tracking error is the annualised standard deviation of those monthly fund-minus-index returns. Both lines come from the manager's own chart, in the same currency and the exact index variant the fund tracks. We use month-end values so different intraday valuation times are not mistaken for tracking error.. Not investment advice.

Valuation458 companies covered · weighted, profitable holdings only
19.3
price / earnings
MethodologyCompany-data coverageThe rest is 2% loss-making companies, which carry no P/E by the positive-earner convention; 2% bonds, cash or other non-equity; 2% cannot be reliably linked to the financial and market data used in this analysis. We exclude uncertain matches rather than estimate them.
5.0%
MethodologyEarnings yieldP/E is price over earnings; earnings yield is the reverse, earnings over price, and reads like a bond yield. P/E covers only the profitable holdings, since a loss-making company has no meaningful P/E. Earnings yield counts the loss-makers too, so it covers more of the fund and can fall below zero when the holdings lose money overall.
covers 96% by weight
2.32
price / book
covers 90% by weight

Computed from company filings and reported position values. MethodologyPortfolio valuationComputed by us from each company's own financial statements and the position values funds report, currency-adjusted and weighted harmonically. P/E covers profitable holdings only. Book value uses the most recent reported quarter.. Not investment advice.

03Holdings
50 largest · as of 2026-07-31
#CompanyIdentifierWeight
1ASML Holding N.V. NLASML
4.3
2HSBC Holdings PLC GBHSBA
2.4
3Roche Holding AG CHROP SW
2.1
4Novartis AG CHNOVN
2.0
5Nestle SA CHNESN
1.7
6Shell PLC GBSHEL
1.7
7AstraZeneca PLC GBAZN
1.7
8Siemens AG DESIE
1.6
9Banco Santander SA ESSAN
1.4
10Allianz SE DEALV
1.3
11SAP SE DESAP
1.2
12Schneider Electric SE FRSU
1.2
13TotalEnergies SE FRTTE
1.1
14Rolls-Royce Holdings PLC GBRR/
1.1
15UBS Group CHUBSG
1.1
16Iberdrola SA ESIBE
1.1
17Banco Bilbao Vizcaya Argentaria SA ESBBVA
1.0
18ABB Ltd CHABBN
1.0
19Novo Nordisk A/S DKNOVOB
1.0
20UniCredit SpA ITUCG
0.9
21Airbus SE FRAIR
0.9
22LVMH Moet Hennessy Louis Vuitton SE FRMC
0.9
23UNILEVER PLC GBULVR
0.9
24Safran SA FRSAF
0.9
25Siemens Energy AG DEENR
0.9
26Cie Financiere Richemont SA CHCFR
0.8
27British American Tobacco PLC GBBATS
0.8
28BNP Paribas SA FRBNP
0.8
29BP PLC GBBP/
0.8
30Intesa Sanpaolo SpA ITISP
0.8
31Zurich Insurance Group AG CHZURN
0.8
32Deutsche Telekom AG DEDTE
0.7
33Eurex Stoxx Europe 600 Futures DESXOU6
0.7
34GSK plc GBGSK
0.7
35ING Groep N.V. NLINGA
0.7
36Rio Tinto PLC GBRIO
0.7
37Investor AB SEINVEB
0.6
38Barclays PLC GBBARC
0.6
39Infineon Technologies AG DEIFX
0.6
40Sanofi SA FRSAN
0.6
41Lloyds Banking Group PLC GBLLOY
0.6
42Enel SpA ITENEL
0.6
43AXA SA FRCS
0.6
44BAE Systems PLC GBBA/
0.6
45Anheuser-Busch Inbev SA/NV BEABI
0.5
46Euro EUR
0.5
47Atlas Copco AB SEATCOA
0.5
48National Grid PLC GBNG/
0.5
49Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen DEMUV2
0.5
50NatWest Group PLC GBNWG
0.5
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04Exposure
Equity 98.3%Other 1.7%
By sector
Financial Services24.7%
Industrials18.6%
Healthcare12.6%
Consumer Defensive8.3%
Technology7.9%
Consumer Cyclical6.9%
Energy5.2%
Materials4.8%
Utilities4.6%
Communication Services2.5%
Real Estate0.9%
By country
GBUnited Kingdom21.9%
CHSwitzerland15.0%
FRFrance14.5%
DEGermany13.8%
NLNetherlands8.0%
ESSpain5.9%
ITItaly5.3%
SESweden5.0%
CurrencyEUR 52.8% GBP 21.9% CHF 15.0% SEK 5.0% DKK 2.4%
Issuer's scenario analysisaverage return per year over 5 years
Stress
-17.6%
Unfavourable
+2.5%
Moderate
+8.0%
Favourable
+14.2%
05Similar funds
funds with comparable exposure
MEUD
Comparable exposure
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Ranked by how much of their holdings you already own through this fund. Overlap by weight where shown.

06Where it trades
12 exchanges
ExchangeMICListed since
Börse FrankfurtFRAA2019-07-25
London Stock ExchangeXLON2019-07-25
XetraXETA2019-07-25
Börse StuttgartSTUB2019-07-29
Börse DüsseldorfDUSD2019-10-17
TradegateXGAT2019-12-02
Borsa ItalianaETFP2020-01-14
Börse HamburgHAMN2020-02-19
Börse MünchenMUNB2020-02-20
Euronext AmsterdamXAMS2023-02-16
Börse HannoverHAND2024-12-09
SIX Swiss ExchangeXSWX–

Also admitted to 35 other venues, mostly multilateral trading facilities and regional segments.

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