PortfoliosLab logo
PortfoliosLab logo
Tools
Portfolios
Screeners
Discussions
AIE.L vs. VNM
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between AIE.L and VNM is 0.27, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

AIE.L vs. VNM

Last updated Jun 23, 2025

Compare and contrast key facts about Ashoka India Equity Investment Trust plc (AIE.L) and VanEck Vectors Vietnam ETF (VNM).

VNM is a passively managed fund by VanEck that tracks the performance of the MVIS Vietnam Index. It was launched on Aug 11, 2009.

Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AIE.L or VNM.

Performance

AIE.L vs. VNM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Ashoka India Equity Investment Trust plc (AIE.L) and VanEck Vectors Vietnam ETF (VNM). The values are adjusted to include any dividend payments, if applicable.

Loading data...

Key characteristics

Sharpe Ratio

AIE.L:

-0.05

VNM:

0.28

Sortino Ratio

AIE.L:

0.07

VNM:

0.48

Omega Ratio

AIE.L:

1.01

VNM:

1.07

Calmar Ratio

AIE.L:

-0.06

VNM:

0.09

Martin Ratio

AIE.L:

-0.15

VNM:

0.81

Ulcer Index

AIE.L:

9.38%

VNM:

6.79%

Daily Std Dev

AIE.L:

22.78%

VNM:

26.40%

Max Drawdown

AIE.L:

-41.42%

VNM:

-63.25%

Current Drawdown

AIE.L:

-10.68%

VNM:

-45.71%

Returns By Period

In the year-to-date period, AIE.L achieves a -8.00% return, which is significantly lower than VNM's 16.29% return.

AIE.L

YTD

-8.00%

1M

0.73%

6M

-8.31%

1Y

-1.43%

3Y*

15.74%

5Y*

23.52%

10Y*

N/A

VNM

YTD

16.29%

1M

1.60%

6M

14.59%

1Y

7.23%

3Y*

-0.78%

5Y*

0.82%

10Y*

-1.55%

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Ashoka India Equity Investment Trust plc

VanEck Vectors Vietnam ETF

Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

AIE.L vs. VNM — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
AIE.L
The Risk-Adjusted Performance Rank of AIE.L is 4040
Overall Rank
The Sharpe Ratio Rank of AIE.L is 4545
Sharpe Ratio Rank
The Sortino Ratio Rank of AIE.L is 3535
Sortino Ratio Rank
The Omega Ratio Rank of AIE.L is 3535
Omega Ratio Rank
The Calmar Ratio Rank of AIE.L is 4444
Calmar Ratio Rank
The Martin Ratio Rank of AIE.L is 4545
Martin Ratio Rank
VNM
The Risk-Adjusted Performance Rank of VNM is 3131
Overall Rank
The Sharpe Ratio Rank of VNM is 3434
Sharpe Ratio Rank
The Sortino Ratio Rank of VNM is 3131
Sortino Ratio Rank
The Omega Ratio Rank of VNM is 3434
Omega Ratio Rank
The Calmar Ratio Rank of VNM is 2222
Calmar Ratio Rank
The Martin Ratio Rank of VNM is 3333
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

AIE.L vs. VNM - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Ashoka India Equity Investment Trust plc (AIE.L) and VanEck Vectors Vietnam ETF (VNM). 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.

The current AIE.L Sharpe Ratio is -0.05, which is lower than the VNM Sharpe Ratio of 0.28. The chart below compares the historical Sharpe Ratios of AIE.L and VNM, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Loading data...

Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

AIE.L vs. VNM - Dividend Comparison

Neither AIE.L nor VNM has paid dividends to shareholders.

TTM20242023202220212020201920182017201620152014
AIE.L
Ashoka India Equity Investment Trust plc		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
VNM
VanEck Vectors Vietnam ETF		0.00%0.00%5.22%0.96%0.48%0.40%0.76%0.83%0.99%2.44%3.69%2.65%

Drawdowns

AIE.L vs. VNM - Drawdown Comparison

The maximum AIE.L drawdown since its inception was -41.42%, smaller than the maximum VNM drawdown of -63.25%. Use the drawdown chart below to compare losses from any high point for AIE.L and VNM.

Loading data...

Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

AIE.L vs. VNM - Volatility Comparison

The current volatility for Ashoka India Equity Investment Trust plc (AIE.L) is 5.14%, while VanEck Vectors Vietnam ETF (VNM) has a volatility of 6.53%. This indicates that AIE.L experiences smaller price fluctuations and is considered to be less risky than VNM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading data...