CEW vs. VWOB
Compare and contrast key facts about WisdomTree Emerging Currency Strategy Fund (CEW) and Vanguard Emerging Markets Government Bond ETF (VWOB).
CEW and VWOB are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CEW is an actively managed fund by WisdomTree. It was launched on May 6, 2009. VWOB is a passively managed fund by Vanguard that tracks the performance of the Barclays USD Emerging Markets Government RIC Capped Index. It was launched on May 31, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CEW or VWOB.
Correlation
The correlation between CEW and VWOB is 0.48, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
CEW vs. VWOB - Performance Comparison
Key characteristics
CEW:
1.01
VWOB:
1.20
CEW:
1.50
VWOB:
1.71
CEW:
1.19
VWOB:
1.23
CEW:
0.43
VWOB:
0.74
CEW:
2.74
VWOB:
5.89
CEW:
2.45%
VWOB:
1.45%
CEW:
6.69%
VWOB:
7.15%
CEW:
-27.80%
VWOB:
-26.97%
CEW:
-10.25%
VWOB:
-4.67%
Returns By Period
In the year-to-date period, CEW achieves a 4.87% return, which is significantly higher than VWOB's 1.30% return. Over the past 10 years, CEW has underperformed VWOB with an annualized return of 0.83%, while VWOB has yielded a comparatively higher 2.71% annualized return.
CEW
4.87%
0.45%
1.55%
6.03%
3.25%
0.83%
VWOB
1.30%
-2.09%
-0.62%
7.44%
2.71%
2.71%
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CEW vs. VWOB - Expense Ratio Comparison
CEW has a 0.55% expense ratio, which is higher than VWOB's 0.20% expense ratio.
Risk-Adjusted Performance
CEW vs. VWOB — Risk-Adjusted Performance Rank
CEW
VWOB
CEW vs. VWOB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Emerging Currency Strategy Fund (CEW) and Vanguard Emerging Markets Government Bond ETF (VWOB). 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
CEW vs. VWOB - Dividend Comparison
CEW's dividend yield for the trailing twelve months is around 5.17%, less than VWOB's 6.37% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CEW WisdomTree Emerging Currency Strategy Fund | 5.17% | 5.42% | 2.00% | 0.80% | 0.00% | 0.64% | 1.90% | 1.87% | 0.00% | 0.00% | 0.00% | 0.12% |
VWOB Vanguard Emerging Markets Government Bond ETF | 6.37% | 6.08% | 5.50% | 5.31% | 4.04% | 4.18% | 4.58% | 4.53% | 4.61% | 4.71% | 4.93% | 4.49% |
Drawdowns
CEW vs. VWOB - Drawdown Comparison
The maximum CEW drawdown since its inception was -27.80%, roughly equal to the maximum VWOB drawdown of -26.97%. Use the drawdown chart below to compare losses from any high point for CEW and VWOB. For additional features, visit the drawdowns tool.
Volatility
CEW vs. VWOB - Volatility Comparison
The current volatility for WisdomTree Emerging Currency Strategy Fund (CEW) is 3.49%, while Vanguard Emerging Markets Government Bond ETF (VWOB) has a volatility of 4.11%. This indicates that CEW experiences smaller price fluctuations and is considered to be less risky than VWOB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.