Vanguard Emerging Markets Stock Index Fund Investor Shares (VEIEX) Sharpe Ratio: 1.96

VEIEX's Sharpe Ratio of 1.96 indicates that for each unit of volatility, it generates 1.96 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 23, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets. For how to read this number and when it can mislead, see Sharpe Ratio Explained.

VEIEX Sharpe Ratio Rank

Average

VEIEX ranks above 51.8% of all investments in our database based on Sharpe Ratio over the past 12 months, showing balanced returns relative to total risk taken. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

Strong returns with low total volatility → Higher rank
High volatility (both upside and downside) → Lower rank
Consistent returns → Higher rank than volatile returns of same magnitude
Sharp drawdowns increase volatility → Lower rank

What you can do with this information

Returns are proportional to volatility—neither strong nor weak
Evaluate whether the volatility profile aligns with your risk tolerance
Review higher-ranked alternatives in the same category
Monitor rank direction to identify improving or deteriorating trends

VEIEX Sharpe Ratio Market Positioning

The chart shows VEIEX's Sharpe Ratio relative to all mutual funds on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

Red zone (bottom 25%): 1.33 or lower
Yellow zone (middle 50%): 1.33 to 2.32
Green zone (top 25%): 2.32 or higher
Top 1%: 4.33+
Median: 1.93 — half of all investments score higher

How it compares to other similar mutual funds

The table compares Vanguard Emerging Markets Stock Index Fund Investor Shares's Sharpe Ratio with other mutual funds in the Emerging Markets Equities category across multiple time periods, showing how VEIEX's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 23, 2026.

Symbol	Name	1Y Sharpe Ratio
DEMAX	Nomura Emerging Markets Fund Class A	5.78
DEMCX	Nomura Emerging Markets Fund Class C	5.72
EMF	Templeton Emerging Markets Fund	3.96
WXCIX	William Blair Emerging Markets ex China Growth Fund Class I	3.75
FZAEX	Fidelity Advisor Focused Emerging Markets Fund Class Z	3.17
FIMKX	Fidelity Advisor Focused Emerging Markets Fund Class I	3.16
SEMNX	Hartford Schroders Emerging Markets Equity Fund Class I	3.15
FAMKX	Fidelity Advisor Focused Emerging Markets Fund Class A	3.14
FTMKX	Fidelity Advisor Focused Emerging Markets Fund Class M	3.12
JEMWX	JPMorgan Emerging Markets Equity Fund Class R6	3.09
VEIEX	Vanguard Emerging Markets Stock Index Fund Investor Shares	1.96

Benchmark Against

Benchmark

S&P 500 Index

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Historical Sharpe Ratio

The chart shows VEIEX's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when VEIEX consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

How does VEIEX fit in your portfolio?

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