ABEMX vs. VEMIX

Last updated Aug 1, 2026

ABEMX (abrdn Emerging Markets Fund) and VEMIX (Vanguard Emerging Markets Stock Index Fund Institutional Shares) are both Emerging Markets Equities funds. Over the past 10 years, ABEMX returned 8.47%/yr vs 7.61%/yr for VEMIX. Their correlation of 0.95 means they have usually moved in the same direction. ABEMX charges 1.10%/yr vs 0.06%/yr for VEMIX.

Performance

ABEMX vs. VEMIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in abrdn Emerging Markets Fund (ABEMX) and Vanguard Emerging Markets Stock Index Fund Institutional Shares (VEMIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ABEMX achieves a 19.82% return, which is significantly higher than VEMIX's 7.82% return. Over the past 10 years, ABEMX has outperformed VEMIX with an annualized return of 8.47%, while VEMIX has yielded a comparatively lower 7.61% annualized return.

ABEMX

• 1D: 4.45%
• 1M: -3.58%
• 6M: 10.63%
• YTD: 19.82%
• 1Y: 41.51%
• 3Y*: 16.99%
• 5Y*: 6.67%
• 10Y*: 8.47%
• ALL TIME*: 7.22%

VEMIX

• 1D: 1.70%
• 1M: -1.72%
• 6M: 2.68%
• YTD: 7.82%
• 1Y: 19.98%
• 3Y*: 13.72%
• 5Y*: 5.81%
• 10Y*: 7.61%
• ALL TIME*: 7.24%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
ABEMX abrdn Emerging Markets Fund	$0.00	$0.00	$0.00
VEMIX Vanguard Emerging Markets Stock Index Fund Institutional Shares	$0.00	$0.00	$0.00

ABEMX vs. VEMIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ABEMX abrdn Emerging Markets Fund	19.82%	32.43%	3.98%	6.67%	-26.23%	7.15%	27.65%	20.42%	-14.65%	30.25%
VEMIX Vanguard Emerging Markets Stock Index Fund Institutional Shares	7.82%	24.80%	11.38%	8.85%	-17.75%	0.91%	15.26%	20.35%	-14.55%	31.42%

Correlation

The correlation between ABEMX and VEMIX is 0.91, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.91
Correlation (3Y) Balances recent behavior with more history.	0.93
Correlation (5Y) Shows whether the relationship held over a longer period.	0.95
Correlation (10Y) Provides a long-term view across more market conditions.	0.95
Correlation (All Time) Calculated using the full available price history since May 14, 2007	0.95

The correlation between ABEMX and VEMIX has been stable across timeframes, ranging from 0.91 to 0.95 - a consistent structural relationship.

Return for Risk

ABEMX vs. VEMIX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

ABEMX

ABEMX Risk / Return Rank: 69
ABEMX Sharpe Ratio Rank: 67
ABEMX Sortino Ratio Rank: 58
ABEMX Omega Ratio Rank: 69
ABEMX Calmar Ratio Rank: 81
ABEMX Martin Ratio Rank: 69

VEMIX

VEMIX Risk / Return Rank: 40
VEMIX Sharpe Ratio Rank: 39
VEMIX Sortino Ratio Rank: 38
VEMIX Omega Ratio Rank: 38
VEMIX Calmar Ratio Rank: 43
VEMIX Martin Ratio Rank: 39

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

ABEMX vs. VEMIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for abrdn Emerging Markets Fund (ABEMX) and Vanguard Emerging Markets Stock Index Fund Institutional Shares (VEMIX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	ABEMX	VEMIX	Difference
Sharpe ratio: Return per unit of total volatility	1.60	1.15	+0.45
Sortino ratio: Return per unit of downside risk	2.11	1.64	+0.47
Omega ratio: Gain probability vs. loss probability	1.31	1.21	+0.10
Calmar ratio: Return relative to maximum drawdown	2.69	1.66	+1.03
Martin ratio: Return relative to average drawdown	8.64	5.53	+3.11

ABEMX vs. VEMIX - Sharpe Ratio Comparison

The current ABEMX Sharpe Ratio is 1.60, which is higher than the VEMIX Sharpe Ratio of 1.15. The chart below compares the historical Sharpe Ratios of ABEMX and VEMIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ABEMX vs. VEMIX - Drawdown Comparison

The maximum ABEMX drawdown since its inception was -54.52%, smaller than the maximum VEMIX drawdown of -66.43%. Use the drawdown chart below to compare losses from any high point for ABEMX and VEMIX.

Drawdown Indicators

	ABEMX	VEMIX	Difference
Max Drawdown Largest peak-to-trough decline	-54.52%	-66.43%	+11.91%
Max Drawdown (1Y) Largest decline over 1 year	-14.58%	-11.05%	-3.53%
Max Drawdown (3Y) Largest decline over 3 years	-18.62%	-15.77%	-2.85%
Max Drawdown (5Y) Largest decline over 5 years	-36.56%	-30.68%	-5.88%
Max Drawdown (10Y) Largest decline over 10 years	-38.44%	-36.04%	-2.40%
Current Drawdown Current decline from peak	-10.78%	-5.42%	-5.36%
Average Drawdown Average peak-to-trough decline	-13.04%	-15.91%	+2.87%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.53%	3.31%	+1.22%

Volatility

ABEMX vs. VEMIX - Volatility Comparison

abrdn Emerging Markets Fund (ABEMX) has a higher volatility of 10.52% compared to Vanguard Emerging Markets Stock Index Fund Institutional Shares (VEMIX) at 5.22%. This indicates that ABEMX's price experiences larger fluctuations and is considered to be riskier than VEMIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ABEMX	VEMIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.52%	5.22%	+5.30%
Volatility (6M) Calculated over the trailing 6-month period	22.66%	13.82%	+8.84%
Volatility (1Y) Calculated over the trailing 1-year period	24.52%	16.00%	+8.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.81%	15.59%	+4.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.20%	16.50%	+2.70%

ABEMX vs. VEMIX - Expense Ratio Comparison

ABEMX has a 1.10% expense ratio, which is higher than VEMIX's 0.06% expense ratio.

Dividends

ABEMX vs. VEMIX - Dividend Comparison

ABEMX's dividend yield for the trailing twelve months is around 5.10%, more than VEMIX's 2.38% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ABEMX abrdn Emerging Markets Fund	5.10%	6.11%	0.99%	1.42%	1.82%	22.95%	0.68%	1.85%	1.57%	1.32%	1.23%	2.47%
VEMIX Vanguard Emerging Markets Stock Index Fund Institutional Shares	2.38%	2.77%	3.17%	3.51%	4.09%	2.61%	1.90%	3.23%	2.89%	2.33%	2.55%	2.51%

Frequently Asked Questions

Can I hold both ABEMX and VEMIX in my portfolio?

With a correlation of 0.91, ABEMX and VEMIX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, ABEMX or VEMIX?

ABEMX has higher volatility (10.52%) compared to VEMIX (5.22%). In terms of maximum drawdown, ABEMX dropped -54.52% vs VEMIX's -66.43%.

Which has better risk-adjusted returns?

ABEMX currently has the higher Sharpe Ratio (1.60 vs 1.15), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.