CMIEX vs. VEU
Compare and contrast key facts about Multi-Manager International Equity Strategies Fund (CMIEX) and Vanguard FTSE All-World ex-US ETF (VEU).
CMIEX is managed by Blackrock. It was launched on May 17, 2018. VEU is a passively managed fund by Vanguard that tracks the performance of the FTSE All-World ex US Index. It was launched on Mar 2, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CMIEX or VEU.
Correlation
The correlation between CMIEX and VEU is 0.97, 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
CMIEX vs. VEU - Performance Comparison
Key characteristics
CMIEX:
0.48
VEU:
1.02
CMIEX:
0.69
VEU:
1.47
CMIEX:
1.10
VEU:
1.18
CMIEX:
0.47
VEU:
1.31
CMIEX:
1.29
VEU:
3.23
CMIEX:
5.40%
VEU:
3.97%
CMIEX:
14.63%
VEU:
12.61%
CMIEX:
-35.35%
VEU:
-61.52%
CMIEX:
-5.27%
VEU:
-1.58%
Returns By Period
In the year-to-date period, CMIEX achieves a 9.36% return, which is significantly higher than VEU's 7.42% return.
CMIEX
9.36%
5.63%
-1.36%
6.37%
6.60%
N/A
VEU
7.42%
4.69%
3.70%
12.41%
6.34%
5.38%
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CMIEX vs. VEU - Expense Ratio Comparison
CMIEX has a 0.99% expense ratio, which is higher than VEU's 0.07% expense ratio.
Risk-Adjusted Performance
CMIEX vs. VEU — Risk-Adjusted Performance Rank
CMIEX
VEU
CMIEX vs. VEU - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Multi-Manager International Equity Strategies Fund (CMIEX) and Vanguard FTSE All-World ex-US ETF (VEU). 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
CMIEX vs. VEU - Dividend Comparison
CMIEX's dividend yield for the trailing twelve months is around 1.96%, less than VEU's 3.02% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CMIEX Multi-Manager International Equity Strategies Fund | 1.96% | 2.14% | 2.26% | 2.44% | 1.21% | 1.30% | 2.47% | 0.83% | 0.00% | 0.00% | 0.00% | 0.00% |
VEU Vanguard FTSE All-World ex-US ETF | 3.02% | 3.24% | 3.32% | 3.12% | 3.07% | 2.00% | 3.10% | 3.27% | 2.66% | 2.96% | 2.95% | 3.52% |
Drawdowns
CMIEX vs. VEU - Drawdown Comparison
The maximum CMIEX drawdown since its inception was -35.35%, smaller than the maximum VEU drawdown of -61.52%. Use the drawdown chart below to compare losses from any high point for CMIEX and VEU. For additional features, visit the drawdowns tool.
Volatility
CMIEX vs. VEU - Volatility Comparison
Multi-Manager International Equity Strategies Fund (CMIEX) has a higher volatility of 3.51% compared to Vanguard FTSE All-World ex-US ETF (VEU) at 3.12%. This indicates that CMIEX's price experiences larger fluctuations and is considered to be riskier than VEU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.