BEXIX vs. SPEM
Compare and contrast key facts about Baron Emerging Markets Fund (BEXIX) and SPDR Portfolio Emerging Markets ETF (SPEM).
BEXIX is managed by Baron Capital Group, Inc.. It was launched on Dec 30, 2010. SPEM is a passively managed fund by State Street that tracks the performance of the S&P Emerging Markets BMI. It was launched on Mar 19, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BEXIX or SPEM.
Correlation
The correlation between BEXIX and SPEM is 0.86, 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
BEXIX vs. SPEM - Performance Comparison
Key characteristics
BEXIX:
1.11
SPEM:
1.34
BEXIX:
1.63
SPEM:
1.92
BEXIX:
1.20
SPEM:
1.24
BEXIX:
0.46
SPEM:
1.02
BEXIX:
3.26
SPEM:
4.12
BEXIX:
4.83%
SPEM:
4.74%
BEXIX:
14.10%
SPEM:
14.51%
BEXIX:
-45.58%
SPEM:
-64.41%
BEXIX:
-24.89%
SPEM:
-5.07%
Returns By Period
The year-to-date returns for both investments are quite close, with BEXIX having a 4.26% return and SPEM slightly higher at 4.27%. Over the past 10 years, BEXIX has underperformed SPEM with an annualized return of 3.34%, while SPEM has yielded a comparatively higher 4.50% annualized return.
BEXIX
4.26%
3.78%
1.31%
13.56%
1.54%
3.34%
SPEM
4.27%
4.57%
4.49%
16.52%
4.48%
4.50%
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BEXIX vs. SPEM - Expense Ratio Comparison
BEXIX has a 1.12% expense ratio, which is higher than SPEM's 0.11% expense ratio.
Risk-Adjusted Performance
BEXIX vs. SPEM — Risk-Adjusted Performance Rank
BEXIX
SPEM
BEXIX vs. SPEM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Baron Emerging Markets Fund (BEXIX) and SPDR Portfolio Emerging Markets ETF (SPEM). 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.
Dividends
BEXIX vs. SPEM - Dividend Comparison
BEXIX's dividend yield for the trailing twelve months is around 0.78%, less than SPEM's 2.67% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BEXIX Baron Emerging Markets Fund | 0.78% | 0.81% | 0.68% | 0.00% | 1.88% | 0.35% | 0.46% | 0.49% | 0.45% | 0.39% | 0.39% | 0.45% |
SPEM SPDR Portfolio Emerging Markets ETF | 2.67% | 2.78% | 2.80% | 3.38% | 3.14% | 1.92% | 2.94% | 2.34% | 1.12% | 1.51% | 2.40% | 2.26% |
Drawdowns
BEXIX vs. SPEM - Drawdown Comparison
The maximum BEXIX drawdown since its inception was -45.58%, smaller than the maximum SPEM drawdown of -64.41%. Use the drawdown chart below to compare losses from any high point for BEXIX and SPEM. For additional features, visit the drawdowns tool.
Volatility
BEXIX vs. SPEM - Volatility Comparison
Baron Emerging Markets Fund (BEXIX) has a higher volatility of 3.94% compared to SPDR Portfolio Emerging Markets ETF (SPEM) at 3.47%. This indicates that BEXIX's price experiences larger fluctuations and is considered to be riskier than SPEM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.