EMDV vs. VEXC
EMDV (ProShares MSCI Emerging Markets Dividend Growers ETF) and VEXC (Vanguard Emerging Markets Ex-China ETF) are both Emerging Markets Equities funds - EMDV tracks the MSCI Emerging Markets Dividend Masters Index while VEXC tracks the FTSE Emerging ex China Index. Both are passively managed. A 0.77 correlation means they provide meaningful diversification when combined. EMDV charges 0.60%/yr vs 0.07%/yr for VEXC.
Performance
EMDV vs. VEXC - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EMDV achieves a 1.17% return, which is significantly lower than VEXC's 20.21% return.
EMDV
- 1D
- -1.57%
- 1M
- 0.78%
- YTD
- 1.17%
- 6M
- 1.13%
- 1Y
- 7.88%
- 3Y*
- 2.77%
- 5Y*
- -3.15%
- 10Y*
- 2.64%
VEXC
- 1D
- -1.20%
- 1M
- 4.95%
- YTD
- 20.21%
- 6M
- 23.59%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EMDV vs. VEXC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF | 1.17% | 4.30% |
VEXC Vanguard Emerging Markets Ex-China ETF | 20.21% | 4.80% |
Correlation
The correlation between EMDV and VEXC is 0.77, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 3, 2025 | 0.77 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
EMDV vs. VEXC — Risk / Return Rank
EMDV
VEXC
EMDV vs. VEXC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares MSCI Emerging Markets Dividend Growers ETF (EMDV) 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.
| EMDV | VEXC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.13 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.09 | — | — |
| Martin ratioReturn relative to average drawdown | 3.33 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| EMDV | VEXC | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.71 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.21 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.15 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.22 | 2.21 | -2.00 |
Drawdowns
EMDV vs. VEXC - Drawdown Comparison
The maximum EMDV drawdown since its inception was -39.20%, which is greater than VEXC's maximum drawdown of -12.42%. Use the drawdown chart below to compare losses from any high point for EMDV and VEXC.
Loading charts...
Drawdown Indicators
| EMDV | VEXC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.20% | -12.42% | -26.78% |
Max Drawdown (1Y)Largest decline over 1 year | -7.24% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -20.71% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -34.97% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -39.20% | — | — |
Current DrawdownCurrent decline from peak | -14.80% | -1.20% | -13.60% |
Average DrawdownAverage peak-to-trough decline | -13.55% | -2.23% | -11.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.37% | — | — |
Volatility
EMDV vs. VEXC - Volatility Comparison
Loading charts...
Volatility by Period
| EMDV | VEXC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.17% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 9.21% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 11.21% | 18.89% | -7.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.42% | 18.89% | -3.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.26% | 18.89% | -0.63% |
EMDV vs. VEXC - Expense Ratio Comparison
EMDV has a 0.60% expense ratio, which is higher than VEXC's 0.07% expense ratio.
Dividends
EMDV vs. VEXC - Dividend Comparison
EMDV's dividend yield for the trailing twelve months is around 2.41%, more than VEXC's 0.74% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF | 2.41% | 2.46% | 2.79% | 1.88% | 3.68% | 2.12% | 3.12% | 2.38% | 1.27% | 2.09% | 2.87% |
VEXC Vanguard Emerging Markets Ex-China ETF | 0.74% | 0.43% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
EMDV and VEXC have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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 0.60% for EMDV.
EMDV has the higher dividend yield at 2.41%, compared with 0.74% for VEXC.
EMDV tracks MSCI Emerging Markets Dividend Masters Index, while VEXC tracks FTSE Emerging ex China Index. They also come from different issuers: ProShares and Vanguard. Their fees differ too: 0.60% for EMDV and 0.07% for VEXC.
Find the right allocation for EMDV and VEXC
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer