Correlation
The correlation between ABBNY and VEA is 0.65, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
ABBNY vs. VEA
Compare and contrast key facts about ABB Ltd (ABBNY) and Vanguard FTSE Developed Markets ETF (VEA).
VEA is a passively managed fund by Vanguard that tracks the performance of the MSCI EAFE Index. It was launched on Jul 20, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ABBNY or VEA.
Performance
ABBNY vs. VEA - Performance Comparison
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Key characteristics
ABBNY:
0.23
VEA:
0.83
ABBNY:
0.47
VEA:
1.18
ABBNY:
1.06
VEA:
1.16
ABBNY:
0.29
VEA:
0.98
ABBNY:
0.89
VEA:
2.96
ABBNY:
6.72%
VEA:
4.44%
ABBNY:
25.83%
VEA:
17.19%
ABBNY:
-93.98%
VEA:
-60.69%
ABBNY:
-3.23%
VEA:
-0.39%
Returns By Period
In the year-to-date period, ABBNY achieves a 6.69% return, which is significantly lower than VEA's 16.76% return. Over the past 10 years, ABBNY has outperformed VEA with an annualized return of 14.19%, while VEA has yielded a comparatively lower 6.14% annualized return.
ABBNY
6.69%
6.65%
1.22%
5.50%
27.25%
27.94%
14.19%
VEA
16.76%
5.57%
12.67%
13.09%
10.44%
11.40%
6.14%
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Risk-Adjusted Performance
ABBNY vs. VEA — Risk-Adjusted Performance Rank
ABBNY
VEA
ABBNY vs. VEA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ABB Ltd (ABBNY) and Vanguard FTSE Developed Markets ETF (VEA). 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.
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Dividends
ABBNY vs. VEA - Dividend Comparison
ABBNY's dividend yield for the trailing twelve months is around 1.75%, less than VEA's 2.81% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ABBNY ABB Ltd | 1.75% | 1.85% | 2.07% | 2.79% | 2.31% | 2.79% | 3.34% | 4.38% | 2.84% | 3.65% | 4.40% | 3.73% |
VEA Vanguard FTSE Developed Markets ETF | 2.81% | 3.36% | 3.16% | 2.91% | 3.16% | 2.04% | 3.04% | 3.35% | 2.77% | 3.05% | 2.92% | 3.68% |
Drawdowns
ABBNY vs. VEA - Drawdown Comparison
The maximum ABBNY drawdown since its inception was -93.98%, which is greater than VEA's maximum drawdown of -60.69%. Use the drawdown chart below to compare losses from any high point for ABBNY and VEA.
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Volatility
ABBNY vs. VEA - Volatility Comparison
ABB Ltd (ABBNY) has a higher volatility of 5.58% compared to Vanguard FTSE Developed Markets ETF (VEA) at 3.04%. This indicates that ABBNY's price experiences larger fluctuations and is considered to be riskier than VEA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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