EMDV vs. VGT

Last updated Jun 24, 2026

EMDV (ProShares MSCI Emerging Markets Dividend Growers ETF) and VGT (Vanguard Information Technology ETF) are both exchange-traded funds - EMDV is a Emerging Markets Equities fund tracking the MSCI Emerging Markets Dividend Masters Index, while VGT is a Technology Equities fund tracking the MSCI USA IMI Information Technology 25/50 Index. Both are passively managed. Over the past 10 years, EMDV returned 2.45%/yr vs 25.49%/yr for VGT. At a 0.50 correlation, their price movements are largely independent. EMDV charges 0.60%/yr vs 0.09%/yr for VGT.

Performance

EMDV vs. VGT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares MSCI Emerging Markets Dividend Growers ETF (EMDV) and Vanguard Information Technology ETF (VGT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EMDV achieves a -1.87% return, which is significantly lower than VGT's 23.32% return. Over the past 10 years, EMDV has underperformed VGT with an annualized return of 2.45%, while VGT has yielded a comparatively higher 25.49% annualized return.

EMDV

• 1D: -1.32%
• 1M: -2.39%
• YTD: -1.87%
• 6M: -2.68%
• 1Y: 4.25%
• 3Y*: 2.28%
• 5Y*: -3.40%
• 10Y*: 2.45%

VGT

• 1D: -3.68%
• 1M: 0.28%
• YTD: 23.32%
• 6M: 21.50%
• 1Y: 46.82%
• 3Y*: 30.13%
• 5Y*: 19.51%
• 10Y*: 25.49%

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

EMDV vs. VGT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF	-1.87%	11.90%	0.06%	-1.03%	-18.19%	1.11%	-0.09%	14.93%	-7.52%	26.98%
VGT Vanguard Information Technology ETF	23.32%	21.77%	29.30%	52.66%	-29.70%	30.45%	46.04%	48.62%	2.46%	37.08%

Correlation

The correlation between EMDV and VGT is 0.57, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.57
Correlation (3Y) Calculated over the trailing 3-year period	0.43
Correlation (5Y) Calculated over the trailing 5-year period	0.47
Correlation (10Y) Calculated over the trailing 10-year period	0.50
Correlation (All Time) Calculated using the full available price history since Jan 27, 2016	0.50

The correlation between EMDV and VGT shifts across timeframes, from 0.43 (3 years) to 0.57 (1 year), reflecting how their relationship changes across market environments.

EMDV vs. VGT - Sectors Allocation Comparison

Sectors	EMDV	VGT
Technology	24.7%	98.5%
Financial Services	23.4%	0.5%
Consumer Defensive	15.8%	-
Utilities	8.2%	-
Healthcare	7.7%	0.0%
Consumer Cyclical	6.5%	0.1%
Industrials	5.9%	0.4%
Communication Services	5.7%	0.5%
Basic Materials	2.1%	0.0%
Energy	-	0.3%
Real Estate	-	-

Return for Risk

EMDV vs. VGT — Risk / Return Rank

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

EMDV

EMDV Risk / Return Rank: 15
EMDV Sharpe Ratio Rank: 14
EMDV Sortino Ratio Rank: 13
EMDV Omega Ratio Rank: 13
EMDV Calmar Ratio Rank: 16
EMDV Martin Ratio Rank: 17

VGT

VGT Risk / Return Rank: 58
VGT Sharpe Ratio Rank: 65
VGT Sortino Ratio Rank: 56
VGT Omega Ratio Rank: 58
VGT Calmar Ratio Rank: 60
VGT Martin Ratio Rank: 52

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.

EMDV vs. VGT - 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 Information Technology ETF (VGT). 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.

	EMDV	VGT	Difference
Sharpe ratio: Return per unit of total volatility	0.37	2.07	-1.70
Sortino ratio: Return per unit of downside risk	0.60	2.61	-2.01
Omega ratio: Gain probability vs. loss probability	1.07	1.35	-0.27
Calmar ratio: Return relative to maximum drawdown	0.59	2.87	-2.28
Martin ratio: Return relative to average drawdown	1.67	8.76	-7.09

EMDV vs. VGT - Sharpe Ratio Comparison

The current EMDV Sharpe Ratio is 0.37, which is lower than the VGT Sharpe Ratio of 2.07. The chart below compares the historical Sharpe Ratios of EMDV and VGT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

EMDV vs. VGT - Drawdown Comparison

The maximum EMDV drawdown since its inception was -39.20%, smaller than the maximum VGT drawdown of -54.63%. Use the drawdown chart below to compare losses from any high point for EMDV and VGT.

Drawdown Indicators

	EMDV	VGT	Difference
Max Drawdown Largest peak-to-trough decline	-39.20%	-54.63%	+15.43%
Max Drawdown (1Y) Largest decline over 1 year	-7.24%	-16.40%	+9.16%
Max Drawdown (3Y) Largest decline over 3 years	-20.71%	-27.23%	+6.52%
Max Drawdown (5Y) Largest decline over 5 years	-34.13%	-35.07%	+0.94%
Max Drawdown (10Y) Largest decline over 10 years	-39.20%	-35.07%	-4.13%
Current Drawdown Current decline from peak	-17.36%	-7.71%	-9.65%
Average Drawdown Average peak-to-trough decline	-13.55%	-7.95%	-5.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.54%	5.36%	-2.82%

Volatility

EMDV vs. VGT - Volatility Comparison

The current volatility for ProShares MSCI Emerging Markets Dividend Growers ETF (EMDV) is 4.26%, while Vanguard Information Technology ETF (VGT) has a volatility of 11.39%. This indicates that EMDV experiences smaller price fluctuations and is considered to be less risky than VGT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EMDV	VGT	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.26%	11.39%	-7.13%
Volatility (6M) Calculated over the trailing 6-month period	9.72%	18.58%	-8.86%
Volatility (1Y) Calculated over the trailing 1-year period	11.54%	22.72%	-11.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.45%	25.55%	-10.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.17%	24.77%	-6.60%

EMDV vs. VGT - Expense Ratio Comparison

EMDV has a 0.60% expense ratio, which is higher than VGT's 0.09% expense ratio.

Dividends

EMDV vs. VGT - Dividend Comparison

EMDV's dividend yield for the trailing twelve months is around 2.48%, more than VGT's 0.33% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF	2.48%	2.46%	2.79%	1.88%	3.68%	2.12%	3.12%	2.38%	1.27%	2.09%	2.87%	0.00%
VGT Vanguard Information Technology ETF	0.33%	0.40%	0.60%	0.65%	0.91%	0.64%	0.82%	1.11%	1.29%	0.99%	1.31%	1.28%

Frequently Asked Questions

Can I hold both EMDV and VGT in my portfolio?

EMDV and VGT have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EMDV or VGT?

VGT has higher volatility (11.39%) compared to EMDV (4.26%). In terms of maximum drawdown, EMDV dropped -39.20% vs VGT's -54.63%.

Which ETF is better, EMDV or VGT?

On 10-year performance, VGT leads with 25.49% vs 2.45% for EMDV. On fees, VGT is cheaper at 0.09% per year. On volatility, EMDV has been the lower-risk option at 4.26%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, EMDV or VGT?

Over the 10-year period, VGT has performed better with a 25.49% return vs 2.45%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, EMDV or VGT?

VGT is cheaper with a 0.09% expense ratio, compared with 0.60% for EMDV.

Which ETF pays a higher dividend yield, EMDV or VGT?

EMDV has the higher dividend yield at 2.48%, compared with 0.33% for VGT.

What is the main difference between EMDV and VGT?

EMDV is categorized as Emerging Markets Equities, while VGT is Technology Equities. EMDV tracks MSCI Emerging Markets Dividend Masters Index, while VGT tracks MSCI USA IMI Information Technology 25/50 Index. They also come from different issuers: ProShares and Vanguard. Their fees differ too: 0.60% for EMDV and 0.09% for VGT.

Which has better risk-adjusted returns?

VGT currently has the higher Sharpe Ratio (2.07 vs 0.37), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.