BKEM vs. VWO
Compare and contrast key facts about BNY Mellon Emerging Markets Equity ETF (BKEM) and Vanguard FTSE Emerging Markets ETF (VWO).
BKEM and VWO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BKEM is a passively managed fund by The Bank of New York Mellon Corp. that tracks the performance of the Morningstar Emerging Markets Large Cap Index. It was launched on Apr 24, 2020. VWO is a passively managed fund by Vanguard that tracks the performance of the FTSE Emerging Index. It was launched on Mar 4, 2005. Both BKEM and VWO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BKEM or VWO.
Performance
BKEM vs. VWO - Performance Comparison
Returns By Period
In the year-to-date period, BKEM achieves a 7.91% return, which is significantly lower than VWO's 10.63% return.
BKEM
7.91%
-6.20%
-0.88%
12.72%
N/A
N/A
VWO
10.63%
-4.81%
1.20%
15.46%
4.26%
3.58%
Key characteristics
| BKEM | VWO | |
|---|---|---|
| Sharpe Ratio | 0.77 | 0.96 |
| Sortino Ratio | 1.16 | 1.44 |
| Omega Ratio | 1.14 | 1.18 |
| Calmar Ratio | 0.39 | 0.61 |
| Martin Ratio | 3.83 | 5.01 |
| Ulcer Index | 3.04% | 2.85% |
| Daily Std Dev | 15.14% | 14.79% |
| Max Drawdown | -39.48% | -67.68% |
| Current Drawdown | -19.68% | -10.94% |
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BKEM vs. VWO - Expense Ratio Comparison
BKEM has a 0.11% expense ratio, which is higher than VWO's 0.08% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Correlation
The correlation between BKEM and VWO is 0.98, 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.
Risk-Adjusted Performance
BKEM vs. VWO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BNY Mellon Emerging Markets Equity ETF (BKEM) 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.
Dividends
BKEM vs. VWO - Dividend Comparison
BKEM's dividend yield for the trailing twelve months is around 2.62%, less than VWO's 2.68% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BKEM BNY Mellon Emerging Markets Equity ETF | 2.62% | 3.02% | 3.15% | 2.22% | 1.78% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VWO Vanguard FTSE Emerging Markets ETF | 2.68% | 3.52% | 4.11% | 2.63% | 1.91% | 3.24% | 2.88% | 2.30% | 2.52% | 3.26% | 2.86% | 2.73% |
Drawdowns
BKEM vs. VWO - Drawdown Comparison
The maximum BKEM drawdown since its inception was -39.48%, smaller than the maximum VWO drawdown of -67.68%. Use the drawdown chart below to compare losses from any high point for BKEM and VWO. For additional features, visit the drawdowns tool.
Volatility
BKEM vs. VWO - Volatility Comparison
BNY Mellon Emerging Markets Equity ETF (BKEM) and Vanguard FTSE Emerging Markets ETF (VWO) have volatilities of 4.78% and 4.61%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.