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AAXJ vs. VWO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


AAXJVWO
YTD Return1.46%1.38%
1Y Return2.86%7.90%
3Y Return (Ann)-8.15%-3.92%
5Y Return (Ann)0.92%2.75%
10Y Return (Ann)3.33%3.27%
Sharpe Ratio0.270.67
Daily Std Dev15.60%13.78%
Max Drawdown-49.37%-67.68%
Current Drawdown-29.72%-18.39%

Correlation

0.95
-1.001.00

The correlation between AAXJ and VWO is 0.95, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Performance

AAXJ vs. VWO - Performance Comparison

In the year-to-date period, AAXJ achieves a 1.46% return, which is significantly higher than VWO's 1.38% return. Both investments have delivered pretty close results over the past 10 years, with AAXJ having a 3.33% annualized return and VWO not far behind at 3.27%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


40.00%50.00%60.00%70.00%80.00%OctoberNovemberDecember2024FebruaryMarch
77.95%
55.07%
AAXJ
VWO

Compare stocks, funds, or ETFs


iShares MSCI All Country Asia ex-Japan ETF

Vanguard FTSE Emerging Markets ETF

AAXJ vs. VWO - Expense Ratio Comparison

AAXJ has a 0.68% expense ratio, which is higher than VWO's 0.08% expense ratio.

AAXJ
iShares MSCI All Country Asia ex-Japan ETF
0.50%1.00%1.50%2.00%0.68%
0.50%1.00%1.50%2.00%0.08%

Risk-Adjusted Performance

AAXJ vs. VWO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI All Country Asia ex-Japan ETF (AAXJ) and Vanguard FTSE Emerging Markets ETF (VWO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
AAXJ
iShares MSCI All Country Asia ex-Japan ETF
0.27
VWO
Vanguard FTSE Emerging Markets ETF
0.67

AAXJ vs. VWO - Sharpe Ratio Comparison

The current AAXJ Sharpe Ratio is 0.27, which is lower than the VWO Sharpe Ratio of 0.67. The chart below compares the 12-month rolling Sharpe Ratio of AAXJ and VWO.


Rolling 12-month Sharpe Ratio-0.500.000.501.00OctoberNovemberDecember2024FebruaryMarch
0.27
0.67
AAXJ
VWO

Dividends

AAXJ vs. VWO - Dividend Comparison

AAXJ's dividend yield for the trailing twelve months is around 2.23%, less than VWO's 3.50% yield.


TTM20232022202120202019201820172016201520142013
AAXJ
iShares MSCI All Country Asia ex-Japan ETF
2.23%2.26%1.73%2.20%1.05%1.82%2.09%1.98%1.76%2.43%1.77%1.76%
VWO
Vanguard FTSE Emerging Markets ETF
3.50%3.52%4.11%2.63%1.91%3.23%2.88%2.30%2.52%3.26%2.86%2.73%

Drawdowns

AAXJ vs. VWO - Drawdown Comparison

The maximum AAXJ drawdown since its inception was -49.37%, smaller than the maximum VWO drawdown of -67.68%. The drawdown chart below compares losses from any high point along the way for AAXJ and VWO


-35.00%-30.00%-25.00%-20.00%OctoberNovemberDecember2024FebruaryMarch
-29.72%
-18.39%
AAXJ
VWO

Volatility

AAXJ vs. VWO - Volatility Comparison

iShares MSCI All Country Asia ex-Japan ETF (AAXJ) has a higher volatility of 3.55% compared to Vanguard FTSE Emerging Markets ETF (VWO) at 3.16%. This indicates that AAXJ's price experiences larger fluctuations and is considered to be riskier than VWO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


3.00%3.50%4.00%4.50%5.00%5.50%OctoberNovemberDecember2024FebruaryMarch
3.55%
3.16%
AAXJ
VWO