# Vanguard FTSE Developed Europe ex UK UCITS ETF (VERX)

**Page:** https://fundology.uk/fund/verx · ISIN IE00BKX55S42

## At a glance

> Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.

As of 13/11/2026, VERX (Vanguard FTSE Developed Europe ex UK UCITS ETF, ISIN IE00BKX55S42) closed at £42.82 on the London Stock Exchange. Its ongoing charge is 0.10% a year (about £10 on £10,000). Over the five years to 13/11/2026 its total return was +49.3%, or +16.5% after UK CPIH inflation.

## Summary

Vanguard FTSE Developed Europe ex UK UCITS ETF is an exchange-traded fund (ETF) from Vanguard, launched in 2014. It tracks the FTSE Developed Europe ex UK Index - EUR — large and medium-sized European companies. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.1% a year — about £10 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is paid out to holders as cash, usually a few times a year.

Latest close: **£42.82** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | VERX |
| ISIN | IE00BKX55S42 |
| Category | European shares |
| Type | ETF |
| Provider | Vanguard |
| Tracks | FTSE Developed Europe ex UK Index - EUR |
| Income | Distributing |
| Ongoing charge | 0.10% a year (£10 per £10,000) |
| Fund size | £3.2bn |
| Launched | 2014 |
| Domicile | Ireland |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 01/10/2014 |

## Income and distributions

> Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.

As of 14/11/2026, the latest distribution of VERX was €0.126826 per share: it went ex-dividend on 17/09/2026 and was paid on 30/09/2026. In the 12 months to 14/11/2026 VERX declared 4 distributions, together €1.270173 per share. VERX has a distribution yield of 2.56% as at 31/10/2026.

Latest distributions of VERX per share, as of 14/11/2026:

| Ex-dividend date | Payment date | Amount per share |
|---|---|---|
| 17/09/2026 | 30/09/2026 | €0.126826 |
| 18/06/2026 | 01/07/2026 | €0.876822 |
| 19/03/2026 | 01/04/2026 | €0.12247 |
| 18/12/2025 | 31/12/2025 | €0.144055 |
| 18/09/2025 | 01/10/2025 | €0.090128 |
| 19/06/2025 | 02/07/2025 | €0.865197 |
| 20/03/2025 | 02/04/2025 | €0.126758 |
| 12/12/2024 | 27/12/2024 | €0.130912 |

VERX declares its distributions in euros; what reaches an account in pounds depends on the exchange rate the platform uses.

Distributions are not guaranteed: they can rise, fall or stop. Future dates are set and announced by the fund manager. 48 distributions are on record since 18/12/2014.

## Past returns (periods to 13/11/2026)

After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation.

| Window | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 1 year | +11.06% | +7.13% | income reinvested |
| 3 years | +53.23% | +38.44% | income reinvested |
| 5 years | +49.27% | +16.51% | income reinvested |

Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of Vanguard FTSE Developed Europe ex UK UCITS ETF in pounds (price only, income paid out not included): 2022 −9.9%, 2023 +12.0%, 2024 −0.5%, 2025 +24.1%; 2026 to 13/11/2026 +6.2%. Returns of Vanguard FTSE Developed Europe ex UK UCITS ETF in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: +8.6%; to 30/09/2025: +12.7%; to 30/09/2024: +13.4%; to 30/09/2023: +15.8%; to 30/09/2022: −15.3%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | -9.9% | -17.5% | Price |
| 2023 | +12.0% | +7.5% | Price |
| 2024 | -0.5% | -3.9% | Price |
| 2025 | +24.1% | +19.8% | Price |
| 2026 to 13/11/2026 | +6.2% | +2.8% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 14.07% | -11.49% |
| 3 years | 13.17% | -11.49% |
| 5 years | 14.99% | -21.68% |

## Largest fall

Volatility of Vanguard FTSE Developed Europe ex UK UCITS ETF in pounds, annualised from weekly returns to 13/11/2026: 14.1% over 1 year, 13.2% over 3 years, 15.0% over 5 years. Largest fall in the price of Vanguard FTSE Developed Europe ex UK UCITS ETF since November 2021, in pounds: −20.4% from 19/11/2021 to 14/10/2022. The lowest 12-month return of Vanguard FTSE Developed Europe ex UK UCITS ETF in pounds (price only, income paid out not included) since January 2021 was −17.0% (12 months to 14/10/2022); the highest was +24.5% (12 months to 17/04/2026). On 13/11/2026 the price of Vanguard FTSE Developed Europe ex UK UCITS ETF was 2.7% below its highest weekly close since November 2021 (07/08/2026), in pounds.

## Charges compared with similar funds

Ongoing charge of Vanguard FTSE Developed Europe ex UK UCITS ETF 0.10% a year. Compared on 14/11/2026, 206 of the 242 other European share funds charge more, 17 the same and 19 less (share classes counted once).

## Funds tracking the same index

3 funds track FTSE Developed Europe ex UK Index - EUR, this one included and share classes counted once; their ongoing charges range from 0.10% to 0.25% a year (13/11/2026).

| Fund | Ongoing charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| L&G Europe ex-UK Quality Dividends Equal Weight UCITS ETF | 0.25% | +20.4% | +97.5% | +69.3% |
| Vanguard FTSE Developed Europe ex UK UCITS ETF (this fund) | 0.10% | +11.1% | +53.2% | +49.3% |
| Vanguard FTSE Developed Europe ex UK UCITS ETF AccumEUR | 0.10% | +11.1% | +53.2% | +49.5% |

Returns are as reported, in pounds, income reinvested unless marked "(price)".

## Charges & eligibility

- Ongoing charges figure (OCF): **0.10%** per year (as of 14/11/2026)
- Stocks and shares ISA eligible: usually (check with your platform)
- SIPP eligible: usually (check with your provider)
- ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify.

## What it holds

As of 31/10/2026, VERX holds 444 positions, according to its published holdings. The largest is ASML at 5.51% of the fund; the ten largest make up 24.4%.

### Top holdings

Largest positions (as of 31/10/2026), as a percentage of the whole fund:

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | ASML | [ASML](https://fundology.uk/stock/ASML) | 5.51% |
| 2 | Roche | [RO](https://fundology.uk/stock/RO) | 3.26% |
| 3 | Novartis | [NOVN](https://fundology.uk/stock/NOVN) | 2.75% |
| 4 | Nestle | [NESN](https://fundology.uk/stock/NESN) | 2.40% |
| 5 | SAP | [SAP](https://fundology.uk/stock/SAP) | 2.09% |
| 6 | Siemens | [SIE](https://fundology.uk/stock/SIE) | 1.95% |
| 7 | TotalEnergies | [TTE](https://fundology.uk/stock/TTE) | 1.73% |
| 8 | Allianz | [ALV](https://fundology.uk/stock/ALV) | 1.69% |
| 9 | Iberdrola | [IBE](https://fundology.uk/stock/IBE) | 1.50% |
| 10 | Banco Santander | [SAN](https://fundology.uk/stock/SAN) | 1.48% |

## Where it invests

Shares of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed.

### By sector

Added up from the fund’s published holdings, as of 31/10/2026.

| Sector | Weight |
|---|---|
| Financials | 24.7% |
| Industrials | 19.0% |
| Health Care | 13.9% |
| Information Technology | 10.6% |
| Consumer Staples | 6.8% |
| Consumer Discretionary | 6.6% |
| Utilities | 5.0% |
| Materials | 4.8% |
| Other sectors | 7.3% |
| Not classified | 0.6% |

### By country

Added up from the fund’s published holdings, as of 31/10/2026.

| Country | Weight |
|---|---|
| Switzerland | 19.6% |
| France | 17.9% |
| Germany | 17.3% |
| Netherlands | 10.3% |
| Spain | 7.5% |
| Italy | 6.8% |
| Sweden | 6.6% |
| Denmark | 3.3% |
| Other countries | 9.6% |
| Not classified | 0.4% |

### By type of asset

Added up from the fund’s published holdings, as of 31/10/2026.

| Type of asset | Weight |
|---|---|
| Equity | 98.9% |
| Cash and money market | 0.4% |

The 389 holdings on record (of 444 reported): https://fundology.uk/fund/verx/holdings

## Questions people ask

**What is the ongoing charge of VERX?**

The ongoing charge of VERX is 0.10% a year — about £10 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of Vanguard FTSE Developed Europe ex UK UCITS ETF 0.10% a year. Compared on 14/11/2026, 206 of the 242 other European share funds charge more, 17 the same and 19 less (share classes counted once).

**What does VERX track?**

VERX tracks the FTSE Developed Europe ex UK Index - EUR — large and medium-sized European companies.

**Is VERX accumulating or distributing?**

VERX is distributing: income is paid out to holders as cash, usually a few times a year. It pays out quarterly.

**When does VERX pay dividends?**

VERX pays its income out quarterly. In the 12 months to 14/11/2026 it went ex-dividend on 18/12/2025, 19/03/2026, 18/06/2026 and 17/09/2026. The latest distribution went ex-dividend on 17/09/2026 and was paid on 30/09/2026. Future dates are set and announced by the fund manager; distributions are not guaranteed and can change.

**What is VERX’s dividend yield?**

VERX has a distribution yield of 2.56% as at 31/10/2026. In UK fund terms, a distribution yield is the income expected to be paid over the next 12 months as a percentage of the price on that date — an estimate, not a promise. Yields change with the fund’s price and income; a yield describes the fund, not what any investor will receive.

**What is the ISIN of VERX?**

The ISIN of VERX is IE00BKX55S42. An ISIN identifies one exact share class of a fund; VERX is its ticker on the London Stock Exchange.

**What does VERX hold?**

As of 31/10/2026, VERX holds 444 positions, according to its published holdings. The largest is ASML at 5.51% of the fund; the ten largest make up 24.4%. Its ten largest holdings are ASML (5.51%), Roche (3.26%), Novartis (2.75%), Nestle (2.40%), SAP (2.09%), Siemens (1.95%), TotalEnergies (1.73%), Allianz (1.69%), Iberdrola (1.50%) and Banco Santander (1.48%).

**What were VERX’s returns in each of the last five years?**

Calendar-year returns of VERX in pounds (price only, income paid out not included): 2022 −9.9%, 2023 +12.0%, 2024 −0.5%, 2025 +24.1%; 2026 to 13/11/2026 +6.2%. Past performance is not a guide to future returns.

**How has VERX done after inflation?**

Over the five years to 13/11/2026 VERX’s total return was +49.3%, or +16.5% after UK CPIH inflation. Past performance is not a guide to future returns.

## Fund documents

- [Fund page at Vanguard](https://www.vanguard.co.uk/professional/product/etf/equity/9524/ftse-developed-europe-ex-uk-ucits-etf-eur-distributing)
- [Key investor information document (KIID)](https://fund-docs.vanguard.com/ie00bkx55s42-en.pdf)
- [Factsheet](https://fund-docs.vanguard.com/FTSE_Developed_Europe_ex_UK_UCITS_ETF_EUR_Distributing_9524_EU_INT_UK_EN.pdf)
- Links checked 12/10/2026.

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Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.