Summary
Vanguard European Stock Index Fund Admiral Shares is a mutual fund run by Vanguard. It does not trade on an exchange: you buy it from the fund company at a price set once a day. Positions inside: 1,251. The ten largest make up 19% of the fund.
- Yearly costs
- 0.08%
- Fund size
- $37.2B
- Positions
- 1,251
- Dividend yield
- 1.81%
- Running since
- 2001
What speaks for it
- Costs of 0.08% a year are below the middle of comparable funds (0.40%).
- Widely spread: the ten largest positions make up only 19% of the fund.
- A large fund with $37.2B under management.
- Average yearly growth over the last ten years: 6.2%.
- It has been running since 2001.
What to watch
- In the last five years its price once dropped by 35% from its high.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- -1.3%
- 3 months
- -1.3%
- This year
- +4.0%
- 1 year
- +7.0%
- 3 years
- +55%
- 5 years
- +26%
- 10 years
- +83%
- Avg. market cap
- $219.4B
- P/E
- 16.7x
- Forward P/E
- 15.3x
- P/S
- 2.2x
- P/B
- 2.8x
- P/FCF
- 8.4x
- EV/EBITDA
- 12.9x
- Dividend yield
- 2.47%
- ROIC
- 16.0%
- ROE
- 25.7%
- Gross margin
- 49.3%
- Operating margin
- 25.4%
- Net margin
- 19.1%
- Payout ratio
- 41.3%
- Net debt/EBITDA
- 1.0x
- Beta
- 0.85
Weighted average of the 50 largest companies, which make up 39% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Widely spread- 1 ASASML Holding N.V. ASML.AS 4.4%
- 2 HSBC Holdings PLC 2.2%
- 3 RORoche Holding AG ROP.SW 1.9%
- 4 NONovartis AG NOVN.SW 1.7%
- 5 Shell PLC 1.6%
- 6 AstraZeneca PLC 1.6%
- 7 NENestlé S.A. NESN.SW 1.5%
- 8 SISiemens SIE.DE 1.4%
- 9 SASAP SE SAP.DE 1.3%
- 10 SABanco Santander, S.A. SAN.MC 1.3%
Positions in the fund: 1,251. The ten largest make up 19% of it.
Composition as of Oct 18, 2026.
Where is it spread?
Spread outBy sector
- Financials 25%
- Industrials 20%
- Healthcare 12%
- Technology 9.4%
- Consumer defensive 7.5%
- Other 26%
By country
- United Kingdom 22%
- Switzerland 14%
- Germany 13%
- France 13%
- Other countries 39%
By company size
- Mega cap 20%
- Large cap 70%
- Mid cap 9.4%
- Small cap 0.9%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M. Counted from the companies that make up 75% of the fund.
Largest sector: Financials (25%). Largest country: United Kingdom (22%). Largest size group: Large cap (70%).
What does it cost me?
Cheap- A year from $10,000
- $8.00
- Over 20 years
- $401
From every $10,000 invested the fund takes $8.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $401.
How has it done?
Growing over the long run- A year on average, 10 years
- +6.2%
- Deepest drop
- -35%
- Yearly volatility
- 16%
Average yearly growth over the last ten years: 6.2%. Deepest drop in these years: 35% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 1.81%
- Payments a year
- 4
- Last payment
- $0.27
Over the last 12 months it paid $1.97 per share, which is 1.81% of today's price. The last payment was $0.27 on Sep 18, 2026.
How expensive are the companies inside?
Usual valuation- P/E of the companies inside
- 16.7
- Average Bulios Score
- 68 out of 100
Weight by Bulios Fair Price
- Undervalued 28%
- Fairly valued 11%
- Overvalued 61%
On average the companies inside trade for 16.7 times their yearly profit. By Fair Price, 61% of the rated weight comes out as overvalued.
Counted from its largest companies (50), which make up 39% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Can I buy it as an ETF?
A mutual fund is bought from the fund company. These ETFs hold much of the same and trade on an exchange, so an ordinary broker carries them.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
VG VGK Vanguard FTSE Europe ETF | United States | 0.06% | $37.1B | +6.9% | Pays out | 97% |
VE VEQ.AX Vanguard FTSE Europe Shares ETF | Australia | 0.35% | $432.2M | 0.0% | Pays out | 95% |
VE VE.TO Vanguard FTSE Developed Europe All Cap Index ETF | Canada | 0.22% | $474.5M | +7.3% | Pays out | 93% |
XS XSXE.DE Xtrackers Stoxx Europe 600 UCITS ETF 2C - EUR Hedged | Luxembourg | 0.25% | $6.52B | +13% | Reinvests | 88% |
DX DX2X.DE Xtrackers Stoxx Europe 600 UCITS ETF 1C | Luxembourg | 0.20% | $2.81B | +14% | Reinvests | 88% |
SC SC0C.DE Invesco STOXX Europe 600 UCITS ETF | Ireland | 0.19% | $844.3M | +14% | Reinvests | 88% |