EMDV vs. VWO
Compare and contrast key facts about ProShares MSCI Emerging Markets Dividend Growers ETF (EMDV) and Vanguard FTSE Emerging Markets ETF (VWO).
EMDV and VWO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EMDV is a passively managed fund by ProShares that tracks the performance of the MSCI Emerging Markets Dividend Masters Index. It was launched on Jan 25, 2016. 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 EMDV 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: EMDV or VWO.
Key characteristics
| EMDV | VWO | |
|---|---|---|
| YTD Return | 2.27% | 6.25% |
| 1Y Return | -2.96% | 13.00% |
| 3Y Return (Ann) | -6.66% | -2.66% |
| 5Y Return (Ann) | -2.60% | 3.09% |
| Sharpe Ratio | -0.16 | 1.00 |
| Daily Std Dev | 13.42% | 13.97% |
| Max Drawdown | -39.20% | -67.68% |
| Current Drawdown | -23.08% | -14.47% |
Correlation
The correlation between EMDV and VWO is 0.83, 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
EMDV vs. VWO - Performance Comparison
In the year-to-date period, EMDV achieves a 2.27% return, which is significantly lower than VWO's 6.25% 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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EMDV vs. VWO - Expense Ratio Comparison
EMDV has a 0.60% expense ratio, which is higher than VWO's 0.08% expense ratio.
Risk-Adjusted Performance
EMDV vs. VWO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares MSCI Emerging Markets Dividend Growers ETF (EMDV) 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
EMDV vs. VWO - Dividend Comparison
EMDV's dividend yield for the trailing twelve months is around 1.78%, less than VWO's 3.34% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF | 1.78% | 1.88% | 3.68% | 2.12% | 3.12% | 2.38% | 1.27% | 2.09% | 2.79% | 0.00% | 0.00% | 0.00% |
VWO Vanguard FTSE Emerging Markets ETF | 3.34% | 3.52% | 4.11% | 2.63% | 1.91% | 3.23% | 2.88% | 2.30% | 2.52% | 3.26% | 2.86% | 2.73% |
Drawdowns
EMDV vs. VWO - Drawdown Comparison
The maximum EMDV drawdown since its inception was -39.20%, smaller than the maximum VWO drawdown of -67.68%. Use the drawdown chart below to compare losses from any high point for EMDV and VWO. For additional features, visit the drawdowns tool.
Volatility
EMDV vs. VWO - Volatility Comparison
The current volatility for ProShares MSCI Emerging Markets Dividend Growers ETF (EMDV) is 4.30%, while Vanguard FTSE Emerging Markets ETF (VWO) has a volatility of 4.59%. This indicates that EMDV 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.