Vanguard FTSE Developed Markets ETF (VEA) Performance

NYSE Arca: VEATotal returns, calendar years, drawdowns and risk since 2007.

VEA total return

Distributions reinvested · as of Oct 23, 2026
YTD
+11.6%
since Dec 31, 2025
1 year
+16.2%
total return
5 years
+9.1%
a year
10 years
+9.7%
a year
Since first price
+5.0%
a year since 2007

VEA trailing returns vs SPY, QQQ, AGG

VEA trailing returns
PeriodVEA total returnPrice onlyS&P 500 (SPY)Nasdaq-100 (QQQ)U.S. bonds (AGG)
1 month−3.3%−3.3%−1.0%−5.0%+0.9%
3 months−0.8%−1.0%+3.2%+1.9%−0.4%
6 months+2.8%+2.0%+7.8%+8.4%−1.5%
YTD+11.6%+10.5%+12.3%+15.1%−1.0%
1 year+16.2%+13.2%+14.4%+15.9%−1.1%
3 years+79.0%+21.4%/yr+63.7%+87.4%+23.3%/yr+101.4%+26.3%/yr+16.6%+5.2%/yr
5 years+54.3%+9.1%/yr+32.3%+79.3%+12.4%/yr+94.0%+14.2%/yr−0.8%−0.2%/yr
10 years+151.4%+9.7%/yr+87.3%+315.9%+15.3%/yr+538.9%+20.4%/yr+14.0%+1.3%/yr
15 years+236.1%+8.4%/yr+109.7%+696.0%+14.8%/yr+1,299.3%+19.2%/yr+32.2%+1.9%/yr
Since inceptionJul 26, 2007+156.9%+5.0%/yr+44.2%———

Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.

Growth of $10,000: VEA vs SPY

VEAS&P 500 (SPY)

From Jul 26, 2007: VEA grew to $25,692, SPY to $72,992.

Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.

VEA returns by calendar year

VEASPY

12 of 18 full years positive. Best 2025 (+35.2%), worst 2008 (−40.6%). 2026 is year to date.

VEA annual returns table

VEA calendar-year returns
YearVEALargest dropSPYQQQAGG
2026YTD+11.6%−11.6%+12.3%+15.1%−1.0%
2025+35.2%−13.5%+17.7%+20.8%+7.2%
2024+3.1%−9.4%+24.9%+25.6%+1.3%
2023+18.0%−12.1%+26.2%+54.9%+5.7%
2022−15.3%−28.8%−18.2%−32.6%−13.0%
2021+11.7%−7.1%+28.7%+27.4%−1.8%
2020+9.7%−35.3%+18.3%+48.6%+7.5%
2019+22.6%−8.0%+31.2%+39.0%+8.5%
2018−14.7%−22.8%−4.6%−0.1%+0.1%
2017+26.4%−2.2%+21.7%+32.7%+3.6%
2016+2.6%−10.9%+12.0%+7.1%+2.4%
2015−0.4%−16.3%+1.2%+9.4%+0.5%
2014−6.0%−13.8%+13.5%+19.2%+6.0%
2013+21.8%−10.4%+32.3%+36.6%−2.0%
2012+18.6%−16.8%+16.0%+18.1%+3.8%
2011−12.3%−25.9%+1.9%+3.4%+7.7%
2010+8.4%−20.5%+15.1%+19.9%+6.4%
2009+27.5%−29.7%+26.4%+54.7%+3.0%
2008−40.6%−53.3%−36.8%−41.7%+7.9%

Largest drop = deepest fall from a high within that calendar year.

Calendar-year return vs largest drop within the year

Calendar-year returnLargest drop within the year

Most years include a sizable fall at some point even when the year ends higher.

VEA largest drawdowns

Now 6.2% below the high
VEA largest drawdowns
PeakDeclineBottomRecoveredFallUnderwater
Oct 31, 2007−60.7%Mar 9, 2009May 27, 20141.4 years6.6 years
Jan 26, 2018−35.7%Mar 23, 2020Nov 16, 20202.2 years2.8 years
Sep 3, 2021−29.7%Sep 27, 2022Mar 6, 20241.1 years2.5 years
May 21, 2015−22.3%Feb 11, 2016Apr 25, 20179 months1.9 years
Jul 3, 2014−14.5%Jan 6, 2015May 15, 20156 months10 months
Mar 19, 2025−13.5%Apr 8, 2025Apr 28, 202520 days40 days

Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.

VEA risk statistics

VEA risk statistics
Statistic3 years5 years10 yearsSince 2007
Annualized return+20.9%+10.3%+9.7%+5.2%
Volatility (annualized)13.1%16.2%15.5%17.8%
Sharpe ratio1.190.470.530.30
Sortino ratio2.030.710.790.42
Best month+8.8%+12.5%+14.3%+14.3%
Worst month−8.6%−9.9%−15.2%−20.6%
Best 12 months+42.3%+42.3%+50.9%+57.1%
Worst 12 months+3.1%−25.6%−25.6%−49.9%
Positive months67%60%63%58%
Beta vs S&P 5000.710.840.86—
Correlation with S&P 5000.680.810.84—

From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.

VEA rolling returns

VEA rolling returns
Holding periodPeriodsWorstMedianBestPositive
1-year220−49.9%+8.4%+57.1%65%
3-year (a year)196−10.6%+6.1%+21.9%88%
5-year (a year)172−5.7%+6.3%+17.8%92%
10-year (a year)112+1.4%+5.6%+11.0%100%

Every holding period starting at a month-end since 2007. Returns for 3 years and longer are annualized.

VEA performance overview

Vanguard FTSE Developed Markets ETF (VEA) returned +16.2% over the past year and +9.7% a year over ten years, with distributions reinvested. Since its first recorded price in 2007 it has returned +5.0% a year, turning $10,000 into about $25,692. Over the same year S&P 500 (SPY) returned +14.4%.

The deepest decline was −60.7%, from Oct 31, 2007 to Mar 9, 2009, and it took 5.2 years to get back to the old high. VEA finished 12 of its 18 full calendar years with a gain; the best year was 2025 (+35.2%) and the worst 2008 (−40.6%). Volatility has been 17.8% a year.

Related: VEA chart, VEA holdings, VEA dividends. See the VEA overview for the latest quote and fund facts.

VEA performance FAQ

What is the VEA return over the past year?

VEA returned +16.2% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 13.2%.

What is the average annual return of VEA?

VEA has returned +9.1% a year over 5 years, +9.7% a year over 10 years, +5.0% a year since July 26, 2007 (total return, distributions reinvested).

How much would $10,000 invested in VEA be worth?

$10,000 invested in VEA at its first recorded close on July 26, 2007 would be worth about $25,692 on October 23, 2026 with distributions reinvested.

What was the worst year for VEA?

The worst calendar year was 2008, with a total return of −40.6%. The best was 2025 at +35.2%.

What is the biggest drawdown of VEA?

The largest peak-to-trough decline was −60.7% between October 31, 2007 and March 9, 2009. It recovered to the old high on May 27, 2014, 5.2 years after the bottom.

How volatile is VEA?

Over the past 3 years VEA had an annualized volatility of 13.1% and a Sharpe ratio of 1.19 (excess return over 1–3 month T-bills per unit of risk).