AMID vs. VWO

Last updated Jun 13, 2026

AMID (Argent Mid Cap ETF) and VWO (Vanguard FTSE Emerging Markets ETF) are both exchange-traded funds - AMID is a Mid Cap Growth Equities fund actively managed by Argent, while VWO is a Emerging Markets Equities fund tracking the FTSE Emerging Index. AMID is actively managed, while VWO is passively managed. Over the past 3 years, AMID returned 11.79%/yr vs 16.61%/yr for VWO. A 0.55 correlation means they provide meaningful diversification when combined. AMID charges 0.52%/yr vs 0.08%/yr for VWO.

Performance

AMID vs. VWO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Argent Mid Cap ETF (AMID) and Vanguard FTSE Emerging Markets ETF (VWO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AMID achieves a 7.01% return, which is significantly lower than VWO's 10.77% return.

AMID

• 1D: 0.46%
• 1M: 3.18%
• YTD: 7.01%
• 6M: 4.94%
• 1Y: 9.85%
• 3Y*: 11.79%
• 5Y*: —
• 10Y*: —

VWO

• 1D: 0.76%
• 1M: -0.65%
• YTD: 10.77%
• 6M: 12.57%
• 1Y: 24.61%
• 3Y*: 16.61%
• 5Y*: 5.03%
• 10Y*: 9.00%

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

AMID vs. VWO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
AMID Argent Mid Cap ETF	7.01%	-1.39%	13.06%	31.26%	-7.01%
VWO Vanguard FTSE Emerging Markets ETF	10.77%	25.60%	10.59%	9.25%	-5.30%

Correlation

The correlation between AMID and VWO is 0.60, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.60
Correlation (3Y) Calculated over the trailing 3-year period	0.53
Correlation (All Time) Calculated using the full available price history since Aug 17, 2022	0.55

The correlation between AMID and VWO has been stable across timeframes, ranging from 0.53 to 0.60 - a consistent structural relationship.

AMID vs. VWO - Sectors Allocation Comparison

Sectors	AMID	VWO
Industrials	32.1%	8.0%
Technology	18.1%	29.6%
Financial Services	14.7%	19.5%
Consumer Cyclical	11.4%	10.7%
Healthcare	7.2%	3.9%
Energy	4.3%	4.6%
Basic Materials	3.4%	8.0%
Real Estate	3.3%	2.2%
Utilities	2.9%	2.9%
Consumer Defensive	2.6%	3.7%
Communication Services	-	7.1%

Return for Risk

AMID vs. VWO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AMID

AMID Risk / Return Rank: 21
AMID Sharpe Ratio Rank: 20
AMID Sortino Ratio Rank: 20
AMID Omega Ratio Rank: 19
AMID Calmar Ratio Rank: 20
AMID Martin Ratio Rank: 24

VWO

VWO Risk / Return Rank: 50
VWO Sharpe Ratio Rank: 49
VWO Sortino Ratio Rank: 47
VWO Omega Ratio Rank: 51
VWO Calmar Ratio Rank: 50
VWO Martin Ratio Rank: 52

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AMID vs. VWO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Argent Mid Cap ETF (AMID) 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.

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.

	AMID	VWO	Difference
Sharpe ratio: Return per unit of total volatility	0.60	1.49	-0.90
Sortino ratio: Return per unit of downside risk	0.97	2.10	-1.13
Omega ratio: Gain probability vs. loss probability	1.11	1.28	-0.17
Calmar ratio: Return relative to maximum drawdown	0.80	2.21	-1.41
Martin ratio: Return relative to average drawdown	2.78	7.80	-5.02

AMID vs. VWO - Sharpe Ratio Comparison

The current AMID Sharpe Ratio is 0.60, which is lower than the VWO Sharpe Ratio of 1.49. The chart below compares the historical Sharpe Ratios of AMID and VWO, 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

AMID vs. VWO - Drawdown Comparison

The maximum AMID drawdown since its inception was -23.32%, smaller than the maximum VWO drawdown of -67.68%. Use the drawdown chart below to compare losses from any high point for AMID and VWO.

Drawdown Indicators

	AMID	VWO	Difference
Max Drawdown Largest peak-to-trough decline	-23.32%	-67.68%	+44.36%
Max Drawdown (1Y) Largest decline over 1 year	-12.31%	-11.17%	-1.14%
Max Drawdown (3Y) Largest decline over 3 years	-23.32%	-17.37%	-5.95%
Max Drawdown (5Y) Largest decline over 5 years	—	-32.60%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-36.39%	—
Current Drawdown Current decline from peak	-3.91%	-2.68%	-1.23%
Average Drawdown Average peak-to-trough decline	-6.19%	-15.80%	+9.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.56%	3.17%	+0.39%

Volatility

AMID vs. VWO - Volatility Comparison

The current volatility for Argent Mid Cap ETF (AMID) is 5.84%, while Vanguard FTSE Emerging Markets ETF (VWO) has a volatility of 6.64%. This indicates that AMID experiences smaller price fluctuations and is considered to be less risky than VWO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AMID	VWO	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.84%	6.64%	-0.80%
Volatility (6M) Calculated over the trailing 6-month period	12.80%	14.04%	-1.24%
Volatility (1Y) Calculated over the trailing 1-year period	16.59%	16.54%	+0.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.17%	17.48%	+1.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.17%	19.22%	-0.05%

AMID vs. VWO - Expense Ratio Comparison

AMID has a 0.52% expense ratio, which is higher than VWO's 0.08% expense ratio.

Dividends

AMID vs. VWO - Dividend Comparison

AMID's dividend yield for the trailing twelve months is around 0.33%, less than VWO's 2.44% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AMID Argent Mid Cap ETF	0.33%	0.36%	0.33%	0.43%	0.25%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VWO Vanguard FTSE Emerging Markets ETF	2.44%	2.79%	3.20%	3.52%	4.11%	2.63%	1.91%	3.23%	2.88%	2.30%	2.52%	3.26%

Frequently Asked Questions

Can I hold both AMID and VWO in my portfolio?

AMID and VWO have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AMID or VWO?

VWO has higher volatility (6.64%) compared to AMID (5.84%). In terms of maximum drawdown, AMID dropped -23.32% vs VWO's -67.68%.

Which ETF is better, AMID or VWO?

On 3-year performance, VWO leads with 16.61% vs 11.79% for AMID. On fees, VWO is cheaper at 0.08% per year. On volatility, AMID has been the lower-risk option at 5.84%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AMID or VWO?

Over the 3-year period, VWO has performed better with a 16.61% return vs 11.79%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AMID or VWO?

VWO is cheaper with a 0.08% expense ratio, compared with 0.52% for AMID.

Which ETF pays a higher dividend yield, AMID or VWO?

VWO has the higher dividend yield at 2.44%, compared with 0.33% for AMID.

What is the main difference between AMID and VWO?

AMID is categorized as Mid Cap Growth Equities, while VWO is Emerging Markets Equities. They also come from different issuers: Argent and Vanguard. Their fees differ too: 0.52% for AMID and 0.08% for VWO.

Which has better risk-adjusted returns?

VWO currently has the higher Sharpe Ratio (1.49 vs 0.60), 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.