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Vanguard Emerging Markets Stock Index Fund Institutional Shares (VEMIX) Sharpe Ratio: 1.24

VEMIX's Sharpe Ratio of 1.24 indicates that for each unit of volatility, it generates 1.24 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Apr 1, 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.

VEMIX Sharpe Ratio Rank

VEMIX Sharpe Ratio Rank: 71.471
Above Average

VEMIX ranks above 71.4% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating above-average returns relative to volatility. 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

  • Above-average risk-adjusted returns with room for improvement
  • Compare against category peers to gauge relative positioning
  • Monitor for movement toward top tier or decline toward median
  • Consider pairing with top-tier holdings to improve portfolio efficiency

VEMIX Sharpe Ratio Market Positioning

The chart shows VEMIX'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%): 0.65 or lower
  • Yellow zone (middle 50%): 0.65 to 1.37
  • Green zone (top 25%): 1.37 or higher
  • Top 1%: 3.58+
  • Median: 1.00 — half of all investments score higher

How it compares to other similar mutual funds

The table compares Vanguard Emerging Markets Stock Index Fund Institutional Shares's Sharpe Ratio with other mutual funds in the Emerging Markets Equities category across multiple time periods, showing how VEMIX'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 Apr 1, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
DEMAXNomura Emerging Markets Fund Class A3.10
SIVLXSeafarer Overseas Value Fund Institutional Class2.52
FIQGXFidelity Advisor Emerging Markets Discovery Fund Class Z2.40
FEDIXFidelity Advisor Emerging Markets Discovery Fund Class I2.39
FEDDXFidelity Emerging Markets Discovery Fund2.39
FEDAXFidelity Advisor Emerging Markets Discovery Fund Class A2.36
FEDTXFidelity Advisor Emerging Markets Discovery Fund Class M2.35
FEDGXFidelity Advisor Emerging Markets Discovery Fund Class C2.29
EMFTempleton Emerging Markets Fund2.29
PZIEXPzena Emerging Markets Value Fund Institutional Class2.07
VEMIXVanguard Emerging Markets Stock Index Fund Institutional Shares1.24

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows VEMIX'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 VEMIX consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Explore VEMIX risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

VEMIX Sortino Ratio