EEMX vs. VEXC
EEMX (SPDR MSCI Emerging Markets Fossil Fuel Free ETF) and VEXC (Vanguard Emerging Markets Ex-China ETF) are both Emerging Markets Equities funds - EEMX tracks the MSCI Emerging Markets ex Fossil Fuels Index while VEXC tracks the FTSE Emerging ex China Index. Both are passively managed. Their correlation of 0.91 means they have usually moved in the same direction. EEMX charges 0.30%/yr vs 0.07%/yr for VEXC.
Performance
EEMX vs. VEXC - Performance Comparison
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Returns By Period
In the year-to-date period, EEMX achieves a 18.71% return, which is significantly higher than VEXC's 17.29% return.
EEMX
- 1D
- 0.69%
- 1M
- -2.50%
- 6M
- 9.90%
- YTD
- 18.71%
- 1Y
- 37.30%
- 3Y*
- 19.41%
- 5Y*
- 7.90%
- 10Y*
- —
- ALL TIME*
- 9.29%
VEXC
- 1D
- 1.25%
- 1M
- -2.53%
- 6M
- 11.04%
- YTD
- 17.29%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $114.77K | $173.22K | $297.15K | |
| $2.10M | $2.14M | $2.87M |
EEMX vs. VEXC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF | 18.71% | 3.27% |
VEXC Vanguard Emerging Markets Ex-China ETF | 17.29% | 4.50% |
Correlation
The correlation between EEMX and VEXC is 0.91, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 2, 2025 | 0.91 |
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Return for Risk
EEMX vs. VEXC — Risk / Return Rank
EEMX
VEXC
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
EEMX vs. VEXC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI Emerging Markets Fossil Fuel Free ETF (EEMX) and Vanguard Emerging Markets Ex-China ETF (VEXC). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| EEMX | VEXC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.27 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 2.51 | — | — |
| Martin ratioReturn relative to average drawdown | 7.80 | — | — |
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Drawdowns
EEMX vs. VEXC - Drawdown Comparison
The maximum EEMX drawdown since its inception was -39.90%, which is greater than VEXC's maximum drawdown of -12.42%. Use the drawdown chart below to compare losses from any high point for EEMX and VEXC.
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Drawdown Indicators
| EEMX | VEXC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.90% | -12.42% | -27.48% |
Max Drawdown (1Y)Largest decline over 1 year | -14.47% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -17.64% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -34.31% | — | — |
Current DrawdownCurrent decline from peak | -10.21% | -6.04% | -4.17% |
Average DrawdownAverage peak-to-trough decline | -14.60% | -2.61% | -11.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.65% | — | — |
Volatility
EEMX vs. VEXC - Volatility Comparison
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Volatility by Period
| EEMX | VEXC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.58% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 23.32% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 25.34% | 20.44% | +4.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.14% | 20.44% | -0.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.76% | 20.44% | +0.32% |
EEMX vs. VEXC - Expense Ratio Comparison
EEMX has a 0.30% expense ratio, which is higher than VEXC's 0.07% expense ratio.
Dividends
EEMX vs. VEXC - Dividend Comparison
EEMX's dividend yield for the trailing twelve months is around 1.90%, more than VEXC's 1.47% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF | 1.90% | 2.28% | 2.26% | 2.20% | 2.38% | 1.72% | 1.42% | 2.57% | 2.41% | 2.45% | 0.15% |
VEXC Vanguard Emerging Markets Ex-China ETF | 1.47% | 0.43% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.91, EEMX and VEXC move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, VEXC is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VEXC is cheaper with a 0.07% expense ratio, compared with 0.30% for EEMX.
EEMX has the higher dividend yield at 1.90%, compared with 1.47% for VEXC.
EEMX tracks MSCI Emerging Markets ex Fossil Fuels Index, while VEXC tracks FTSE Emerging ex China Index. They also come from different issuers: State Street and Vanguard. Their fees differ too: 0.30% for EEMX and 0.07% for VEXC.
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