DMDV vs. VEA

Last updated Apr 1, 2026

Compare and contrast key facts about AAM S&P Developed Markets High Dividend Value ETF (DMDV) and Vanguard FTSE Developed Markets ETF (VEA).

DMDV and VEA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DMDV is a passively managed fund by Advisors Asset Management that tracks the performance of the S&P Developed Ex-U.S. Dividend and Free Cash Flow Yield. It was launched on Nov 27, 2018. VEA is a passively managed fund by Vanguard that tracks the performance of the FTSE Developed All Cap ex US Index. It was launched on Jul 20, 2007. Both DMDV and VEA are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

DMDV vs. VEA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AAM S&P Developed Markets High Dividend Value ETF (DMDV) and Vanguard FTSE Developed Markets ETF (VEA). The values are adjusted to include any dividend payments, if applicable.

DMDV vs. VEA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
DMDV AAM S&P Developed Markets High Dividend Value ETF	0.00%	0.00%	7.82%	18.63%	-7.53%	10.16%	-20.45%	30.25%	-8.11%
VEA Vanguard FTSE Developed Markets ETF	2.75%	35.16%	3.15%	17.93%	-15.34%	11.66%	9.71%	22.62%	-6.45%

Returns By Period

DMDV

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

VEA

• 1D: 3.30%
• 1M: -8.61%
• YTD: 2.75%
• 6M: 8.94%
• 1Y: 30.06%
• 3Y*: 16.07%
• 5Y*: 8.57%
• 10Y*: 9.37%

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

DMDV vs. VEA - Expense Ratio Comparison

DMDV has a 0.39% expense ratio, which is higher than VEA's 0.03% expense ratio.

DMDV

AAM S&P Developed Markets High Dividend Value ETF

VEA

Vanguard FTSE Developed Markets ETF

Return for Risk

DMDV vs. VEA — Risk / Return Rank

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

VEA

VEA Risk / Return Rank: 87
VEA Sharpe Ratio Rank: 87
VEA Sortino Ratio Rank: 88
VEA Omega Ratio Rank: 88
VEA Calmar Ratio Rank: 87
VEA Martin Ratio Rank: 87

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.

DMDV vs. VEA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AAM S&P Developed Markets High Dividend Value ETF (DMDV) and Vanguard FTSE Developed Markets ETF (VEA). 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

	DMDV	VEA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.72	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.53	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.54	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.22	—

Correlation

The correlation between DMDV and VEA is 0.79, 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

DMDV vs. VEA - Dividend Comparison

DMDV has not paid dividends to shareholders, while VEA's dividend yield for the trailing twelve months is around 2.93%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DMDV AAM S&P Developed Markets High Dividend Value ETF	0.00%	0.00%	3.51%	6.98%	5.60%	4.45%	3.13%	5.36%	0.27%	0.00%	0.00%	0.00%
VEA Vanguard FTSE Developed Markets ETF	2.93%	3.22%	3.35%	3.15%	2.91%	3.16%	2.04%	3.04%	3.35%	2.77%	3.05%	2.92%

Drawdowns

Drawdown Indicators

	DMDV	VEA	Difference
Max Drawdown Largest peak-to-trough decline	—	-60.68%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-11.63%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-29.71%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.73%	—
Current Drawdown Current decline from peak	—	-8.71%	—
Average Drawdown Average peak-to-trough decline	—	-13.40%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.96%	—

Volatility

Volatility by Period

	DMDV	VEA	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	8.41%	—
Volatility (6M) Calculated over the trailing 6-month period	—	11.57%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	17.62%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	16.30%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	17.26%	—