EDIV vs. VWO
Compare and contrast key facts about SPDR S&P Emerging Markets Dividend ETF (EDIV) and Vanguard FTSE Emerging Markets ETF (VWO).
EDIV and VWO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EDIV is a passively managed fund by State Street that tracks the performance of the S&P Emerging Markets Dividend Opportunities Index. It was launched on Feb 23, 2011. 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 EDIV 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: EDIV or VWO.
Key characteristics
| EDIV | VWO | |
|---|---|---|
| YTD Return | 4.39% | 2.70% |
| 1Y Return | 33.25% | 8.98% |
| 3Y Return (Ann) | 8.54% | -4.17% |
| 5Y Return (Ann) | 5.52% | 2.66% |
| 10Y Return (Ann) | 2.58% | 3.16% |
| Sharpe Ratio | 2.31 | 0.63 |
| Daily Std Dev | 14.06% | 13.78% |
| Max Drawdown | -53.36% | -67.68% |
| Current Drawdown | -0.82% | -17.33% |
Correlation
The correlation between EDIV and VWO is 0.89, 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
EDIV vs. VWO - Performance Comparison
In the year-to-date period, EDIV achieves a 4.39% return, which is significantly higher than VWO's 2.70% return. Over the past 10 years, EDIV has underperformed VWO with an annualized return of 2.58%, while VWO has yielded a comparatively higher 3.16% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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EDIV vs. VWO - Expense Ratio Comparison
EDIV has a 0.49% expense ratio, which is higher than VWO's 0.08% expense ratio.
Risk-Adjusted Performance
EDIV vs. VWO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Emerging Markets Dividend ETF (EDIV) 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
EDIV vs. VWO - Dividend Comparison
EDIV's dividend yield for the trailing twelve months is around 4.45%, more than VWO's 3.46% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EDIV SPDR S&P Emerging Markets Dividend ETF | 4.45% | 4.26% | 4.94% | 3.84% | 3.52% | 3.83% | 3.41% | 2.99% | 4.94% | 5.33% | 4.84% | 5.13% |
VWO Vanguard FTSE Emerging Markets ETF | 3.46% | 3.52% | 4.11% | 2.63% | 1.91% | 3.23% | 2.88% | 2.30% | 2.52% | 3.26% | 2.86% | 2.73% |
Drawdowns
EDIV vs. VWO - Drawdown Comparison
The maximum EDIV drawdown since its inception was -53.36%, smaller than the maximum VWO drawdown of -67.68%. Use the drawdown chart below to compare losses from any high point for EDIV and VWO. For additional features, visit the drawdowns tool.
Volatility
EDIV vs. VWO - Volatility Comparison
The current volatility for SPDR S&P Emerging Markets Dividend ETF (EDIV) is 3.35%, while Vanguard FTSE Emerging Markets ETF (VWO) has a volatility of 3.89%. This indicates that EDIV experiences smaller price fluctuations and is considered to be less risky than VWO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.