DMCY vs. VEGA

Last updated Apr 2, 2026

Compare and contrast key facts about Democracy International Fund ETF (DMCY) and AdvisorShares STAR Global Buy-Write ETF (VEGA).

DMCY and VEGA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DMCY is a passively managed fund by Democracy Investment Management LLC that tracks the performance of the Democracy Investments International Index - Benchmark TR Net. It was launched on Mar 31, 2021. VEGA is an actively managed fund by AdvisorShares. It was launched on Sep 17, 2012.

Performance

DMCY vs. VEGA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Democracy International Fund ETF (DMCY) and AdvisorShares STAR Global Buy-Write ETF (VEGA). The values are adjusted to include any dividend payments, if applicable.

DMCY vs. VEGA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
DMCY Democracy International Fund ETF	6.43%	29.36%	3.04%	16.64%	-14.01%	5.03%
VEGA AdvisorShares STAR Global Buy-Write ETF	-1.25%	15.83%	11.20%	15.12%	-15.02%	8.21%

Returns By Period

DMCY

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

VEGA

• 1D: 0.46%
• 1M: -3.82%
• YTD: -1.25%
• 6M: 0.61%
• 1Y: 13.80%
• 3Y*: 11.85%
• 5Y*: 6.13%
• 10Y*: 7.25%

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

DMCY vs. VEGA - Expense Ratio Comparison

DMCY has a 0.50% expense ratio, which is lower than VEGA's 2.02% expense ratio.

VEGA

AdvisorShares STAR Global Buy-Write ETF

DMCY

Democracy International Fund ETF

Return for Risk

DMCY vs. VEGA — Risk / Return Rank

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

VEGA

VEGA Risk / Return Rank: 64
VEGA Sharpe Ratio Rank: 62
VEGA Sortino Ratio Rank: 63
VEGA Omega Ratio Rank: 64
VEGA Calmar Ratio Rank: 61
VEGA Martin Ratio Rank: 70

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.

DMCY vs. VEGA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Democracy International Fund ETF (DMCY) and AdvisorShares STAR Global Buy-Write ETF (VEGA). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	DMCY	VEGA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.16	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.50	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.57	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.48	—

Correlation

The correlation between DMCY and VEGA is 0.77, 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.

Dividends

DMCY vs. VEGA - Dividend Comparison

DMCY's dividend yield for the trailing twelve months is around 2.63%, more than VEGA's 1.36% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
DMCY Democracy International Fund ETF	2.63%	3.07%	2.69%	3.02%	2.64%	2.11%	0.00%	0.00%	0.00%	0.00%	0.00%
VEGA AdvisorShares STAR Global Buy-Write ETF	1.36%	1.34%	1.05%	1.12%	1.89%	0.55%	0.28%	0.44%	0.45%	0.00%	0.81%

Drawdowns

Drawdown Indicators

	DMCY	VEGA	Difference
Max Drawdown Largest peak-to-trough decline	—	-28.37%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-8.32%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-22.78%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-28.37%	—
Current Drawdown Current decline from peak	—	-4.52%	—
Average Drawdown Average peak-to-trough decline	—	-3.83%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.80%	—

Volatility

Volatility by Period

	DMCY	VEGA	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.21%	—
Volatility (6M) Calculated over the trailing 6-month period	—	7.23%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	11.98%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	12.31%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	12.67%	—